Stories from Salman Siddiqui
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Auto parts manufacturers face setback as used car imports surge
Investments in localisation, technology dampened by increased competition
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Oil, gas reserves to end in 15 years
Hydrocarbon deposits deplete rapidly since no new major discovery made
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Rupee’s recovery closes rate gap
Gold pricing body revises down the commodity price by Rs5,800 to Rs216,500 per tola
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Lending costs at record high
Surge likely to badly impact govt which is largest borrower
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SBP tightens grip on exchange companies
Category ‘B’ firms have been given three months to transform or lose their licenses
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Rupee makes significant recovery in open market, interbank hovers around 307
Pakistani currency makes recovery of around Rs8 in the open market
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Rupee crosses 307 on dollar scarcity
In retail, currency recovers significantly after action against smugglers
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Business confidence plummets as default looms
IMF loan instils little hope in the majority of businesses
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Long-awaited rail track to ferry Thar coal okayed
Project entails linking Sindh desert area to Bin Qasim at Karachi
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Petroleum product demand rises 4%
Despite yearly decline, sale of diesel and petrol saw increases of 11% and 5% in August