Stories from Farhan Zaheer
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Public transport thin as CNG stations stay closed
Gas supply stopped for 24 hours due to field maintenance.
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Export processing zones to reopen ‘dead industrial units’
Exclusive zones for China, Turkey and Bangladesh under study.
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Opening doors to India: Trade liberalisation must be gradual says automaker
Indus Motor CEO says any radical change will hurt auto industry.
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Port Qasim Industrial Area: Increasing car theft cases trouble foreign manufacturers
National Highway’s security remains in shambles.
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Industrialists oppose two-day weekly holiday
‘Decision will slow down the already sluggish economy’ say industrialists.
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Fauji, Fatima Fertilizer increase urea prices
The rise has come following Engro’s price hike.
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Remittances drop by 32%
Gap in interbank, open market dollar rates encourages use of hawala system.
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Pakistan Steel Mills: Losses mount as raw material supplies dry up
Insiders blame procurement policies, low production for red ink on the company’s financial statements.
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Monetary policy: State Bank cuts interest rates to 12%
The 1.5% decrease is far beyond that expected by analysts; likely to spur rally on the stock market.
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Business activities: Strike call receives mixed response
Major trading centres remain closed while industries run as usual.