Car sales growth is attributed to the low-base effect, improvement in macro activity, price cuts after budget FY22 announcement.
In a first, 390 new and 19 used electric vehicles also imported.
KARACHI: Broiler chicken (live) and its meat prices in Karachi hit Rs276-300 per kg and Rs420-450 per kg, showing a...
The country’s auto sector has been showing positive growth owing to low-interest rates and improved economic indicators.
Local demand remains intact on booming construction activities as exports fall by 44 per cent.
Karachi chamber delegation meets finance team in Islamabad.
Rates of new locally assembled vehicles have risen by 40pc since 2018.
Beef, mutton remain out of reach for many in Pakistan due to high prices.
Petrol regains its status a primary fuel for vehicles.
Official admits to difficulties and challenges.
Rising production of steel related products has led to higher imports of raw materials.
Says issue to be taken up with CCI to complete count in 18 months; criticises Sindh govt over delay in holding of LG polls .
Demand for SUVs, pickups, other vehicles remains upbeat amid rising prices.
Shortage of ships and containers resulting in long delays in arrival of goods from abroad have pushed up cost of production.
Increasing prices in world markets and unstable dollar can further increase rates of two commodities in country
Local cement dispatches increase to 3.8m tonnes from 2.8m tonnes in August last year.
Smart lockdowns help boost country’s external trade.
PALSP rules out early relief amid surging freight cost and weak rupee.
Rickshaw makers trying to break decades-old monopoly of Indian auto giant Bajaj in various countries, especially in Africa.
Food sector investors, retailers, wholesalers and mafias have enjoyed a free hand in pushing up rates.