Karachi, August 11, 2020: Car sales, as reported by PAMA, declined by 8 percent YoY in Jul-2020 to 11,501 units. Indus Motor (INDU) and Honda Car (HCAR) sales registered growths of 68 percent YoY and 46 percent YoY, respectively. However, Pak Suzuki Motor Company (PSMC) sales declined by 40 percent YoY. Kia Lucky Motors (non-member…
Karachi, August 11, 2020: Pakistan has registered record enhancement in export of fruits & vegetables despite coronavirus global pandemic. The Financial year 2019-20 has witnessed an overall increase in export of fruits & vegetables by 12.5 percent amounting to USD 730 million which is an ever highest revenue in terms of foreign exchange generation. During…
Karachi, August 11, 2020: State Bank of Pakistan (SBP) has enhanced the limits for housing finance and microenterprise loans up to Rs3 million from the existing limit of Rs1 million for borrowings from the microfinance banks. Likewise, the maximum size of general loans has been enhanced from Rs150,000 to Rs350,000. Further, to commensurate with enhanced…
Karachi, August 11, 2020: Nestlé Pakistan announced the winners of the Nestlé for Healthier Kids (N4HK) essay competition, a first of its kind writing contest for primary and secondary school students. This unique activity by Nestlé Pakistan was organized for the youth to engage their creative capacities resulting in 1,100 entries from across Pakistan as…
Karachi, August 11, 2020: All Pakistan Restaurant Association (APRA), greets to open restaurants across the province till 10pm by Sindh government, but declaring the duration of opening of restaurants as insufficient and appealed to Sindh Chief Minister Syed Murad Ali Shah to allow 24-hour opening of restaurants, table service & take away in Sindh as…