Business
Business
Honda Atlas announces new retail price of cars
Honda Atlas hiked the price of its CKD models due to the "uncertain economic conditions.". According to a notification issued,…
Dalda Foods IPO: Pakistan’s largest cooking oil manufacturer
The biggest cooking oil producer in Pakistan, Dalda Foods Limited, is preparing for an initial public offering (IPO) in the…
The gas crisis looms in Pakistan
Pakistan is expected to experience a heightened gas crisis in February after Italy-based LNG trading company ENI said it would…
Market foresees 150-200bps hike in SBP’s interest rate
The financial market expects the State Bank of Pakistan (SBP) to raise interest rates by 150 to 200 basis points…
Sindh Engro Coal Mining Company (SECMC) faces difficulties in opening LCs
Concerned that power supply from the Thar plant might be suspended if necessary machinery and equipment are not cleared. The…
Govt requests for IMF a review next week
Pakistan's government has requested the International Monetary Fund (IMF) to send the review mission to the federal capital next week.…
SBP issues new orders to encash prize bond
After federal government clearance, the SBP extended the encashment date or withdrew prize bonds of Rs7,500, 15,000, 25,000, and 40,000…
ADFD rolls over $2 billion deposit in SBP
Pakistan's Finance Minister announced that the Abu Dhabi Fund for Development (ADFD) had rolled over their $2 billion deposit with…
Large-scale manufacturing output down by 5.5%
Inflation, dollar scarcity, and import curbs reduced Pakistan's large-scale manufacturing (LSM) output by 5.5% in November 2022. The Pakistan Bureau…