Stories from Farhan Zaheer
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Inefficiency: Textile industry admits it has a productivity problem
Lobbyists for the industry, however, remain firmly in denial, blaming the government instead.
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Cell phone service suspension: Karachi and Lahore chambers differ on government’s move
KCCI backs the decision, LCCI calls for increased vigilance.
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Reviving the Alto: Pak Suzuki drops opposition on liberalising trade with India
Company needs to import parts from across the border to meet Euro II standards.
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In Ramazan, extortion went unchecked
Businessmen demand licensed weapons for their defence.
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Fiscal 2012 review: 26 of every 100 new cars on the roads are imports
Toyota, Suzuki and Honda constitute the largest share in the import market as well.
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Cheaper borrowing: To spur economy, interest rate slashed to 10.5%
Bank says inflation will persist, but insists rate cut necessary for private sector growth.
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State Bank of Pakistan cuts policy rate to 10.5%
The policy rate was cut by 150 basis points.
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Profits at Toyota’s Pakistan affiliate hit all-time high in 2012
Indus Motors sells more units, but worries about increasing imports.
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Local industry appeals for ban on car imports
Demands are indisputable as low demand has hurt the sector: PAAPAM.
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Fuel and lighting: High prices, consumerism eat up more of people’s incomes
Household spending on this category surges 178% in a decade.
