Stories from Usman Hanif
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Businessmen seek unity to tackle crisis
Call on all govt organs to jointly draw up charter of economy
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Textile exporters decry govt’s apathy
Demand opening of LCs, release of sales tax refunds
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The flat-tire in Pakistan’s automobile sector
The country has repeatedly been unable to negotiate better terms with automakers for exports from the local industry
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Urea prices jacked up by Rs190 per bag
Hoarders, profiteers blamed for causing artificial shortage
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Millat Tractors suspends operations indefinitely
Cites reduced demand, cash flow constraints as reasons
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40,000 jobs in mobile industry under threat
Industry faces risk of collapse owing to dearth of imported raw material
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Lack of effluent treatment discourages foreign buyers
Importers look for better industrial conditions before entering into contracts
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Investment in startups slows down to $15m
Fund inflows in Oct-Dec represent lowest level since first quarter of 2020
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Importers wary despite lifting of restrictions
Fear funds may not be enough to pay for imported goods
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Worst year for Pakistan’s economy and businesses
Community calls for a ‘Charter of Economy’ for 2023