Gold prices in Pakistan maintained their upward trajectory on Monday in line with their increase in international rates. In the local market, the price of gold per tola jumped by Rs1,700, clocking in at Rs268,000, which is the latest record high in Pakistan. Similarly, 10-gram gold was sold at Rs229,767 after it recorded an increase … Read more
Motorbike and three-wheeler sales in Pakistan saw a rise of 16.87% during the first two months (July-August) of the fiscal year 2024-25 compared to the same period last year. According to the Pakistan Automobile Manufacturing Association (PAMA), a total of 189,227 units were sold between July and August 2024, up from 161,906 units in the … Read more
KARACHI: Passenger car sales in Pakistan rose by 28% in August 2024, reaching 12,274 units compared to the previous month, driven by economic recovery, the introduction of new variants, and a lower base effect, according to data from the Pakistan Automotive Manufacturers Association (PAMA). The increase in sales marks a significant recovery in the auto … Read more
ISLAMABAD: Car sales in Pakistan saw a notable increase in August 2024, with a total of 8,699 units sold, representing a 15% year-on-year (YoY) and 1% month-on-month (MoM) rise, according to the Pakistan Automotive Manufacturers Association (PAMA). This growth brings the total sales for the first two months of the fiscal year 2025 (2MFY25) to … Read more
The Federal Board of Revenue (FBR) has reported a significant 71% increase in the number of tax return filers for the fiscal year 2023 (FY23), with an additional 2.2 million people filing, bringing the total to 5.3 million. The deadline for filing income tax returns for FY24 has been set for September 30, 2024. In FY23, … Read more
ISLAMABAD: Pakistan witnessed a significant surge in workers’ remittances during August 2024, with an inflow of $2.9 billion. This marks a 40.5% increase compared to the same month last year, showcasing the resilience of overseas Pakistanis in supporting the country’s economy. The cumulative remittances for the first two months of the fiscal year 2025 (FY25) … Read more
ISLAMABAD: Gold prices in Pakistan continued their upward climb for the second consecutive session on Friday, mirroring the rise in international markets. In the local market, the price of gold per tola increased by Rs1,400, reaching Rs263,500, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10-gram gold rose by … Read more
Pakistan has witnessed a significant increase in its fruit and juice exports to China this year. According to the latest data from the General Administration of Customs of China (GACC), during the January-July period of 2024, Pakistan’s frozen orange juice exports to China reached unprecedented levels, showcasing the growing demand for Pakistani produce in the … Read more
ISLAMABAD: Gold prices in Pakistan surged by Rs2,000 on Thursday, reaching Rs262,100 per tola, after experiencing consecutive declines earlier in the week. The price increase aligns with a rise in international gold rates, signaling renewed market momentum. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 10-gram gold also saw an … Read more
Pakistan’s merchandise exports surged by nearly 16% year-on-year, reaching $2.74 billion in August 2024, up from $2.36 billion in the same month last year, according to data released by the Pakistan Bureau of Statistics (PBS). On a month-on-month basis, August exports saw an increase of 18.9% compared to July 2024. Overall, exports rose by 14% … Read more