Business
Gas holiday for industry
Karachi, January 5, 2019: Sui Southern Gas Company (SSGC) has announced one day industrial gas holiday on Sunday. According to SSGC announcement due to higher off-take, availability of gas has decreased resulting in depletion of line pack and low pressure in the system. Consequently as authorized vide Clause No: 14 of GSA for Industrial Customers…
New Honda CB125F launches
Karachi, January 04, 2019: Atlas Honda Ltd. has launched the all-new Honda CB125F, which is a third variant in sporty CB series after Honda CB150F and Honda CB250F. Responding to aspirations of motorcycle enthusiasts around the country, Atlas Honda launched this new variant on Friday during performance awards ceremony for its high performing dealerships. The…
Al Ghazi Tractors Plant at Verge of shut down
Karachi, January 04, 2019: Owing to severe slowdown in the market coupled with massive Sales Tax refunds not being released by the Government, Al Ghazi Tractors Ltd. is at the verge of taking a bitter decision bringing the plant to a shut down. The last 4/5 months proved quite challenging for the local tractor industry…
National Industrial Park fails to deliver
KARACHI, January 2,2109: National Industrial Park (NIP) has failed miserably to deliver on its commitment to provide Bin Qasim Industrial Park (BQIP) necessary utilities and infrastructure putting five companies’ combined investment of PKR 35 billion in jeopardy. According to sources, Tecno Auto Glass Ltd, Hi-Tech Alloy Wheels Ltd, Horizon Steel (Pvt) Ltd, KIA Lucky Motors…
HBL holds POS finance roadshow
Karachi, Dec 19, 2018.HBL as a proponent of financial inclusion continually strives for developing inclusive products for SMEs. With this aim in mind, HBL has developed a holistic range of cash flow based customized financing solutions to facilitate financial inclusion and capacity development. To cascade HBL POS finance and other initiatives undertaken by the Bank…