AFTER suffering its steepest first-half-year decline in 50 years, the US dollar managed to recover a touch in July — but not before its repute as a global safe-haven currency had taken a significant hit. Despite a slight improvement in the US dollar index, the markets continue to discount an early recovery of the greenback. The dollar index had initially dropped 10.8 per cent against a baske
ROUGHLY 44,000-45,000 used cars were imported in FY25, according to a Japanese car assembler and a brokerage house. However, importers and dealers of vehicles offer a different view. According to Top Line Securities, the management of Honda Atlas Cars Limited (HACL) informed in a corporate briefing held in mid-July that around 45,000 “used cars” have been imported over the last 12 months, with
PAKISTAN’S compensation landscape is evolving but remains poorly understood due to limited data, lack of structured studies, employers’ reluctance, and no regulatory push for transparency. This gap enables exploitation, misalignment of skills and jobs, and declining productivity. A closer look at Pakistan’s employment scene reveals some stark patterns. About 72 per cent of the workforce (85.18
The Ministry of Finance (MoF) on Monday projected that inflation for July would remain in the range of 3.5–4.5 per cent, though it warned that recent heavy rains could disrupt agricultural output and supply chains. In its Monthly Economic Update and Outlook, the MoF said inflation had declined sharply in recent months, supported by lower interest rates, exchange rate stability, and prudent ma
A private think tank has criticised the federal budget for 2025-26, terming it a set of “misaligned expenditure priorities” and “overly ambitious revenue targets” with no meaningful reforms on either front. In its quarterly report released on Monday, the Policy Research Institute of Market Economy (PRIME) said the government was losing sight of a coherent economic reform strategy. Although p