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Business

Syed Raza Hassan
May 24, 2025

‘Govt’s plan to relax vehicles’ import to inflict big dent to local auto industry’

Chairman of Lucky Group Tabba says the government’s policy will turn the country into a “junkyard” for old vehicles and undermine ongoing efforts to promote EVs.

Pakistan

Zahid Gishkori
Apr 24, 2025

PIA tries again: fresh privatisation bids invited by the national carrier

Business

Web Desk
Nov 12, 2024

Pakistan’s debt mountain reaches Rs85.84 trillion despite drop in external borrowings

Pakistan’s total debt and liabilities increased to Rs85.84 trillion in the first quarter of the ongoing fiscal year.

Business

Web Desk
Jul 22, 2024

PIA privatisation expedited; framework for asset and liability division prepared

The new company will also inherit liabilities, including Rs 15.63 billion in long-term financing, Rs 30 billion in aircraft leases, Rs 27.26 billion in employee salaries, and Rs 121 billion in trade and other payables.