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Inflation slows to 22-week low | The Express Tribune

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KARACHI:

The inflation reading, measured by the Sensitive Price Indicator (SPI), decelerated to a 22-week low at 1.31% in the week ended March 21, 2024 following a notable drop in prices of tomato and onion.

The easing of inflation compared to the previous week ended a four-week rising streak, which came in the wake of suspension of onion exports during Ramazan and ahead of the arrival of a new crop next month.

According to data gathered by the Pakistan Bureau of Statistics (PBS), the inflation level came down from the nine-week high of 1.35% recorded in the prior week.

When compared with the corresponding week of last year, the pace of inflation slowed down to a 27-week low at 29.06%, but it still remained elevated and has been in double digits for a very long time.

According to the PBS, tomato prices decreased by 36.73% to Rs105.40 per kg in the week under review compared to Rs166.58 per kg in the previous week. It was followed by onion prices that dropped 19.58% to Rs202.31 per kg compared to Rs251.58 per kg in the prior week.

Read Inflation limits philanthropic zeal in Ramazan

Potatoes cost 4.02% less as their price dipped to Rs67.30/kg compared to Rs70.12/kg earlier. Garlic became cheaper by 2.87% to Rs599.40/kg compared to Rs617.15/kg in the previous week. Prices of other essential commodities which included mash pulse, wheat flour, sugar, masoor pulse and diesel decreased up to 1.25%.

A leading onion exporter recently told The Express Tribune that the government had banned the commodity’s export for one month until April 15 to arrest its skyrocketing prices and stabilise local markets.

Besides, he said, the new crop of onion would arrive in April, which would play a major role in bringing down its prices. Tomato prices have also come down significantly after an increase in its supply compared to the prevailing demand.

However, prices of some other essential commodities listed in the SPI basket rose during the week ended March 21, 2024, led by liquefied petroleum gas (LPG), which became expensive apparently in the face of establishment of a black market.

Published in The Express Tribune, March 23rd, 2024.

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Pakistan

Honda CD70 Dream Latest Price, Installment Plans – Sep 2024 Update – Pakistan Observer

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Honda remains leader in bikes market, with its top-selling units like CD 70, and that’s without making any major changes as the entry-level bikes look almost same for a long time. As the CD-70 remains its most selling model, bikes like the CD-70 Dream and Pridor are considered a niche products.

Despite failing to achieve top sales, CD 70 Dream is still in the market, featuring air-cooled, 4-stroke engine that delivers smooth performance and impressive fuel economy, often averaging around 60-70 km/l, making it ideal for daily commuting.

The bike looks better with stylish and modern design with attractive graphics, as compared to simple CD70. People also like its comfort as built quality remains optimum, comparing to other players.

Its pricing makes it accessible to a wide audience, including students and working professionals, solidifying its status as a favorite among motorcycle enthusiasts in Pakistan.

As bikes prices remain out of hands, people are having hard time to upgrade their ride while companies also face low sales.

Honda CD 70 Dream Price

The price of Honda CD70 Dream is Rs168,900 in September 2024.

Honda CD 70 Dream Installments

Installment Plans Monthly Payments 
3 months Rs56,300
6 months Rs28,300
9 months Rs21,890
12 months Rs17,200
24 months Rs10,170
36 months Rs7,800

 

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Check Property Ownership in Lahore, other Punjab cities Online – Pakistan Observer

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If you live in Lahore or any other city in Punjab; you might have faced difficulties in getting land record in previous years, but now the government made the land verification process smooth with digitization.

To curb the menace of land mafia and to help residents of Punjab, the government rolled out a systematic process and also eased the process of property transfers and real estate transactions.

A new verification system is Live by provincial authorities to check the legitimacy of properties available for purchase or investment across the region of 110 million people.

The relevant authority in this regard is Punjab Land Record Authority which oversees management and maintenance of land records. You can get different services, including ability to search for and view land records, as well as request copies of documents.

Check Property Ownership Online 2024

Here’s Step by Step Guide To Check property ownership

Step 1: Please visit PLRA portal at Punjab-zameen.gov.pk.

Step 2: Find ‘Property Registration,’ on home and click on https://rodportal.punjab-zameen.gov.pk/.

Step 3: It will ask you to select your district and service center.

Step 4: You can search by different options including Bahi number, ID card, registration number, or by person name.

Step 5: After entering details, please advance to ‘Search’ to get the land ownership.

With latest updates, you can check data on number of property transfers in last 36 months.

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Suzuki Bolan discontinued in Pakistan after 36 years; Here’s replacement for ‘Carry Dabba’ – Pakistan Observer

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LAHORE – Finally, it’s time to say goodbye to the iconic Suzuki Bolan as Pak Suzuki pulled plugs to replace the minivan with another model. Over the last 3.5 decades, Suzuki Bolan enjoyed decent sales and was valued for its flexibility, serving a multi-passenger vehicle and for commercial purposes.

Amid shift in auto landscape in Pakistan, Bolan becomes latest drive to be discontinued after Suzuki Mehran, which you can still spot.

Pictures of Suzuki Bolan’s last batch surfaced online, and Pakistanis hit nostalgia as many grew up in this vehicle. The final chassis number marked as 01151691. The country’s oldest automaker and maker of Bolan also confirmed discontinuation of the 800cc Carry Dabba.

The company decided to replace Bolan for its outdated design and lack of safety features. Amid its low sales, consumer demand for a modern replacement like Changan Karvaan increased.

Suzuki Every to Replace Bolan

Suzuki earlier mentioned that Every will replace Bolan, and one of its recent model was unveiled at a recent auto show.

The launch of Every models faced delays due to import challenges and it is expected to launch in mid October.

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Gold prices reach historic high in Pakistan – Pakistan Observer

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