Al-Futtaim Renault Pakistan announced the acquisition of an industrial plot to set-up an automotive plant for the manufacture and assembly of Renault vehicles in Pakistan.The facility will be set up at M-3 Industrial City in Special Economic Zone Faisalabad.
“Al-Futtaim...
Receivables of PSO have reached an all-time high of Rs 314 billion, which reflects the continuation and mounting trend of chronic circular debt. The debts are increasing on daily basis. On 31 May 2018 these debts are above 307...
One of the things people love about flying is that they’re able to sit back and enjoy breathtaking views from the sky. Some passengers try to exchange seats with window seats. Many unpleasant situations happened in past due to...
State bank new SMS services praised by the general public. The general public starts sending SMS to Bank but Bank stopped the booking of fresh currency notes within 8 hours due to a large number of fresh currency notes...
The reason given by the Suzuki official for the third price increase in 2018 was the same – the weakening Pakistani rupee. Previously, Suzuki had increased prices in January and March this year following rupee’s depreciation. Although the company...
Senate Special Committee on Circular Debt was informed that during last five years (from 2013-2018) the circular debt has reached to Rs 573 billion.
ShibliFaraz in the chair, discussed the issues of circular debt , electricity theft and load shedding.
The...
Pakistan State Oil introduced new product in the market with the label of “Ultra Excellent Hi Octane RON – 97”, this new product is increase product portfolio of the PSO.
RON 97
RON 97 is amicable to increase the performance of...
Oil and Gas Regulatory Authority (OGRA) has recommended Rs 7 per litre increase in petrol price from June 01.The regulatory body has also proposed Rs 5 per litre hike in the price of diesel.
A summary has been forwarded to...
Economist said that in upcoming month value of Rupees will be decreased. The price of American Dollar-USD against rupees will be reached up to Rs.140 and the price of UAE Dhiram reached up to Rs.38.19. according to Arab media...
Expert says that the value of Rupees will be decreased in upcoming days. More debt will be required for imports and debt payment. Upcoming Govt should adopt international investors friendly policy to increase imports and investments.
In the beginning on...
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