Pakistan Targets 40% Local Production of Car Parts
Notably, the administration has proposed mandatory localization targets for automakers, requiring original equipment manufacturers (OEMs) to rise local content from 10 percent to 40…
Tag: Business
Electric Car Buyers to Get 5-Year Rs. 1 Crore Loans
Pakistan is planning major tax incentives and financing backing for electric and new energy vehicle buyers under its draft Automotive and Auto Parts Manufacturing…
Pensioners to Get New Investment Option
Meanwhile, the Securities and Exchange Commission of Pakistan (SECP) has introduced a Passive Equity Sub-Fund under the Voluntary Pension Scheme (VPS), offering savers a…
Leading Telcos to Share Networks
Pakistan intends to tighten competition rules for the telecom sector, with a new draft framework allowing the regulator to require dominant operators to provide…
Govt to Cap Car Booking Advances At 20% to End On-Money Practices
Meanwhile, the administration aims to cap car booking advances at 20 percent and introduce measures to curb "On Money" practices under the new five-year…
Ahsan Iqbal Announces 10-Year Plan to Fix Pakistan
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has pressed treating education, health, nutrition, clean drinking water and population expansion as a…
19% Govt Loans Reach Home Buyers
Pakistan's banking system has approved more than Rs. 400 billion in financing for affordable housing, but only around Rs.
Rupee to Hit 276 Against Dollar Soon
In practice, the Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 256th consecutive day on Wednesday.
Gove to Punish Car Makers for Missing Export Targets Under New 5-Year…
For context, the federal administration aims to punish automobile manufacturers and Tier-1 auto parts firms for missing mandatory export targets under the new 5-year…
Huntington Bank investing over $40 million to modernize Tupelo operations center, regional…
Huntington Bank investing over $40.