Tag: slash

the petroleum ministry has recommended pakistan to continue maintaining its existing 60 shareholding in parco photo file

” Refinery likely to slash investment in plant upgrade ” | Current Pulse | Business

BUSINESSUpdated:March 20, 2024ShareTwitter FacebookEmailLink

" ISLAMABAD: Pakistan may lose a planned investment of over $2 billion in the oil refining sector as a shareholder of Pak Arab Refinery Limited (Parco) has refused to give its backing to the original plant upgrade plan. Under the plan, Parco, a joint venture between the governments of Pakistan and Abu Dhabi, was poised…

experts highlight that this increase in sales tax enforced by the government and the fbr prompted auto companies to lower prices sacrifice profit margins and devise customer friendly strategies photo file

” Auto industry forced to slash prices ” | Current Pulse | Business

BUSINESSUpdated:March 20, 2024ShareTwitter FacebookEmailLink

" KARACHI: Auto experts state that a combination of factors, including weakened purchasing power, heavy taxation, rampant inflation, and currency devaluation, has compelled auto companies to slash prices. This move, while reducing profit margins, benefits customers and lends support to the struggling industry. Expressing frustration with poor economic policies, market analysts told The Express Tribune…