Nazir Siyal KARACHI: The industry has welcomed the 100 basis points in discount rate announced in Monetary Policy by the State Bank of Pakistan. The Chairman Lasbela Chamber of Commerce and Industry (LCCI), Yakoob H Karim has said that after … read more
Despite challenges on multiple fronts, major economic indicators have shown positive signs of sustainable growth, mainly owing to improved foreign exchange reserves, workers’ remittances and investments because of political stability. For the first time in six years, GDP rate exceeded … read more
The government has turned down the demand of local carmakers who sought imposition of a ban on the import of used cars in a bid to facilitate the consumers. “Local carmakers want a ban on the import of used cars … read more
KARACHI: The Civil Aviation Authority has prepared final report into an aircraft crash that killed 127 people in April 2012 in Islamabad. According to the report, pilot of the Bhoja Air’s Boeing 737 was responsible for the crash as he … read more
LAHORE: The petrol shortage has entered its sixth day as people in Punjab are seen traveling from station to station looking for petrol. Long queues are being witnessed at the few stations which are open in Islamabad and across Punjab … read more