Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Browsing: Business
The Pakistani government has lowered petrol and diesel prices by Rs2.04 and Rs6.47 per liter, respectively, for the next two weeks, citing lower international prices. However, the impact is tempered by a depreciating rupee and the government hitting the maximum Rs60 per liter levy limit.
Karachi: November 15, 2023: Nutshell Group and HBL are jointly hosting the 7th Edition of THE FUTURE SUMMIT (TFS), powered…
Malaysia welcomes Pakistani travelers with an enhanced eVisa system, featuring a user-friendly portal and a 90-day validity for the 30-day visit visa, coupled with reduced fees and convenient payment options. The changes aim to make Malaysia a more accessible and affordable destination for Pakistani visitors.
MG Pakistan expands its electric vehicle portfolio with the launch of MG4, available in ‘Excite’ and ‘Essence’ variants, featuring swift acceleration, advanced technology, and impressive ranges of 350 km and 450 km, respectively, contributing to the country’s shift towards sustainable mobility.
Digital freight startup Voyage Freight has secured over $1 million in a pre-seed funding round, led by Indus Valley Capital, to modernize international shipping in Pakistan. The funding will accelerate Voyage’s mission to simplify export logistics, offering a tech-driven, end-to-end solution for Pakistani exporters.
Lucky Motor Corporation (KIA) unveils an enticing interest-free installment plan for car buyers, emphasizing simplicity with a 30% down payment and 18 post-dated cheques. Customers are reminded to cover upfront taxes and additional expenses for insurance, tracker, registration, and freight as part of the transparent payment structure.
Religious Minister Aneeq Ahmed plans to announce a more affordable Hajj policy on November 15, featuring reduced costs, a shorter 20-day program, and enhanced security measures, including QR-coded suitcases. These initiatives aim to simplify the pilgrimage experience for prospective pilgrims amidst economic challenges.
Gold prices in Pakistan have seen a significant reduction, with a drop of 2100 rupees per tola, reflecting global trends where the price per ounce has fallen by 17 dollars. This shift has implications for consumers and the local jewelry industry, emphasizing the importance of monitoring gold prices for those involved in the trade.
Suzuki Pakistan’s grand launch event in Karachi showcased MSMS Season 4, the upgraded Swift with enhanced safety features, and the introduction of Suzuki ECSTAR global engine oil. Managing Director Mr. Hiroshi Kawamura emphasized Suzuki’s commitment to customer connections, safety, and global product recognition, promising to enrich the Suzuki experience through MSMS Season 4.
Fuel prices in Pakistan are poised to decrease by up to Rs. 10 per liter on November 15, potentially lowering petrol and diesel rates to Rs. 275.38 and Rs. 293.18, but the Rupee’s recent depreciation may counteract these savings.