Karachi, December 12, 2020: President EFP, Ismail Suttar, has strongly recommended the Hon’ble Advisor to Prime Minister on Commerce & Investment, Abdul Razak Dawood, to look into the near-extinct state of the Stationary Industry of Pakistan, due to the prolonged COVID closure of schools of almost 250 days. Ahsan Ullah Khan, Director EFP and a senior…
Karachi, December 11, 2020: Car sales, as reported by PAMA, increased by 48 percent YoY in Nov-2020 to 14,454 units. The same, including Lucky Motor Corporation (KIA, non-member of PAMA), is up by 63 percent YoY. Indus Motor (INDU), Honda Car (HCAR) and Pak Suzuki Motor Company (PSMC) registered sales increases of 87 percent YoY,…
Lahore, December 11, 2020: Amidst the rapid recent surge in second wave of Covid-19 reported cases in Punjab, The Coca-Cola Export Corporation (TCCEC) stepped forward to donate 37 essentially required portable ventilators to the Government of Punjab to help save critical human lives. The donation was received by the Honorable Chief Minister of Punjab Sardar…
Karachi, December 11, 2020: Mobilink Microfinance Bank (MMBL), the largest microfinance bank in Pakistan with over 700,000 individual and micro-enterprise loans, 800,000 digital nano loans, and 10 million-plus active JazzCash digital wallets, has been recognized by PACRA, Pakistan’s leading Credit Rating Agency, as maintaining a ‘Stable Outlook’ and additionally, has not been listed on the…
Karachi, December11, 2020: Master Changan Motors Limited has proudly unveiled the latest generation, Pakistan’s first Euro-5 Smart sedan car, the Changan Alsvin, at a press conference held in Karachi on 11th December, 2020 at the Marriott Hotel. The Changan Alsvin is one of the most anxiously awaited sedans by not only car fanatics but mass-market…