| Welcome to Global Village Space

Wednesday, November 13, 2024

Flour millers join the marathon!

While people are struggling to meet their ends in the time of record-high level of inflation, millers have increased per kg prices of flour.

Increasing economic losses caused by the flash floods

The economic losses and damages caused by the flash floods could range between $15 billion and $20 billion.

Hundreds of trucks and containers returning to Kabul

Importers have refused to pay additional regulatory duties and hundreds of trucks and containers are returning to Kabul.

Supply issues cause Honda to reduce output at Japanese plants

The automaker said last month it would slash vehicle production at Saitama by 40% and at Suzuka by 30% for early September.

Oil prices rose on fears of tight fuel supply

Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session.

Pay more in return for less!

Finance Minister Miftah Ismail has ruled out the possibility of zero load-shedding in the country in the near future.

Rupee continues to depreciate despite the revival of IMF loan programme

Pakistan's rupee continued to sustain losses against the USD for the fourth successive session despite the revival of IMF loan programme.

Pak Suzuki Motor announces another plant shutdown till Sep 23

Pak Suzuki Motor Company Limited has extended its plant shutdown due to a shortage of raw materials following the import ban by the central bank.

Oil prices fell more than $1 to their lowest

Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.

Dealing with the cotton needs of Pakistan’s textile industry

APTMA and the ICA have agreed to strengthen their collaboration on the cotton needs of Pakistan's textile industry.

Pakistan is not only drowning in floods!

Either flash floods or flash debts, Pakistan is drowning. According to Arif Habib Limited, government debt soared to Rs.50.5trn as of July 22.

Hopes from Qatar going in vain

Political instability, inconsistent policies, as well as government changes, make Qataris uneasy about working entirely with the government.