KARACHI, July 15, 2020: Auto sales saw a strong recovery of 93 percent month on month (MoM) in Jun-2020, mostly due to low base effect as the lockdown persisted for most part of May. According to official statistics, some 8,753 units were sold in the last month of FY20. A more telling barometer has traditionally…
Hub (Baluchistan) , July 6, 2020: Hub industrial area is facing low gas pressure for the last few weeks and it is directly hurting the industrial production. Industrialists termed gas pressure fluctuations in Hub Industrial and Trading Estate (HITE) unbearable and said that manufacturers are already suffering due to severe economic down haul in the…
Karachi, July 6, 2020: Industrials have lodged strong protest over prolonged load shedding and allowing K-Electric to charge quarterly Fuel Cost Adjustment (FCA) of 2.89 rupees per unit. President of SITE Association of Industry Suleman Chawla has questioned the Economic Coordination Committee to clarify who is dearer to them: K-Electric or trade & Industry. He…
Karachi, June 24, 2020: Ismail Suttar, President of the Apex Body of Manufacturers, The Employers Federation of Pakistan (EFP), has said that the closure of industries & economic activities is not a solution to stop the spread of coronavirus, it would be rather economically suicidal. More important is to take protective and precautionary measures in…
Karachi, June 23, 2020: Jazz, Pakistan’s leading digital communications company, has further cemented its position as the undisputed telecom industry leader with a massive on-net family of more than 62 million subscribers including 18.2 million Super 4G. Ever since the launch of Jazz Super 4G in February 2018, the company has recorded phenomenal growth in…