Business

Sharp Decline in Car and Motorcycle Purchases Stuns Pakistani Market

Used car prices expected to drop significantly in upcoming budget

The upcoming federal budget may bring major relief for car buyers in Pakistan as the government plans to reduce import duties on used vehicles and extend the age limit for imports. According to All Pakistan Motor Dealers Association Chairman HM Shahzad, duties on used cars—currently as high as 475%—could be cut by 20% annually over […]

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FBR Says Tampered Vehicles Will Be Treated as Smuggled, Burned or Dismantled

Budget likely to offer relief on import of used vehicles; major price cuts expected for small cars

As the federal government of Pakistan has announced the budget for 2025-26 to be presented on June 10, it is expected to provide relief on the import of used vehicles, and a significant price reduction for small cars is also anticipated. All Pakistan Motor Dealers Association Chairman HM Shahzad has expressed his expectation that the upcoming federal

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Get Redmi smartphones on easy instalments with 0% interest, says Bank

Get Redmi smartphone on easy instalments with 0% interest, says Bank

  Exciting news for Redmi smartphone enthusiasts! Bank Alfalah, in collaboration with Xiaomi, has launched an incredible offer allowing customers to purchase popular Redmi smartphones in easy instalments without any additional interest. This limited-time promotion, part of the Smart Buy scheme, also includes a gift with every eligible purchase. Wide Range of Redmi Models Available

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Gold prices fall in global and local markets amid market pressure, Updated prices in Pakistan

Today’s Gold rate in Pakistan – 28 May 2025 | Latest 24K & 22K Gold prices

  Gold prices drop in Pakistan for the second straight session – Latest rates on 28 May 2025 ISLAMABAD – Gold prices in Pakistan witnessed a second consecutive decline on 28 May 2025, following a downward trend in the international market. In the local bullion market, the price of 24K gold per tola dropped by

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China Pledges $3.7 Billion trade loans to Pakistan by end of June

ISLAMABAD: To ease Pakistan’s financial woes, the Chinese government has pledged to award $3.7 billion in trade loans by the end of June. According to government sources, the loans will be disbursed in Chinese currency rather than US dollars to reduce Pakistan’s dependence on the dollar. The decision is part of Beijing’s policy to wean

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Ambassador of Korean Republic visits Peshawar Chamber of Small Traders

PESHAWAR: The Ambassador of the Republic of Korea to Pakistan, Park Ki-jun, visited the Peshawar Chamber of Small Traders and discussed bilateral economic and trade issues. Group Leader Malik Mehr Elahi, President Shakeel Ahmed Khan Saraf, Senior Vice President Haji Tala Muhammad, Former President Malik Salman Elahi welcomed him on his arrival at the chamber.

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