Business

The automotive industry is actively seeking innovative strategies to boost sales in the face of soaring prices and production challenges.

The National Highway Authority (NHA) will be imposing penalties on vehicles entering the motorways without an M-Tag. In order to use Pakistan’s motorways, all vehicles are now required to obtain an M-Tag by December 31.

Chevron Energy Joint, a prominent global player in the energy sector, has expressed a strong interest in both storing and selling petroleum products within Pakistan’s borders and beyond.

The Pakistani rupee faced ongoing pressure against the US dollar, declining by 0.36 percent on the first working day of the week.

Motorcycle sales in Pakistan plummeted by 80% due to high prices caused by inflation. Dealers urge manufacturers and parts suppliers to reduce prices.

Cement sales in Pakistan saw a 5.78% drop in October 2023, with total cement dispatches reaching 4.007 million tons, down from 4.253 million tons in the same month of the previous fiscal year.

Apple has released its financial results for the quarter ending on September 30, disclosing total revenues of $89.5 billion and profits of $22.9 billion.

Kia Pakistan initiated a price reduction for its vehicles in October, becoming the first local automaker to do so

The Pakistani currency extended its decline against the US dollar and other foreign currencies in the open market on Saturday, following a prolonged period of appreciation.

Telenor Pakistan has announced the appointment of Magnus Muller as the Chief Business Officer to lead its B2B Division.

According to a story published in The News on Friday, textile exports increased by 5% for the first time in ten months