Daily Archives: June 11, 2016


Pakistani car sales rise to 167,507 units

KARACHI: Sales of locally produced cars swelled to 167,507 units in July-May 2015-2016 as compared to 136,723 units in the same period of last fiscal year. Low interest rate, improving law and order situation and overall improvement in country’s economic situation can be attributed to rising sales of cars, said […]


Remittances growth slows to 5.6pc

Overseas Pakistanis sent home remittances worth $17.841 billion during July-May 2015-16, reflecting a year-on-year growth of 5.6 per cent, the State Bank of Pakistan (SBP) said on Friday. Remittances stood at $16.898bn during the same period of the preceding fiscal year. However, this year’s growth rate was much lower than […]