Search

Pak Suzuki extends shutdown of plant till August 26

Business Aug, 19 2022
Pak Suzuki extends shutdown of plant till August 26
  • 357
  • 0

ISLAMABAD: Pak Suzuki Motors announced an extension of shutdown of automobile plant from August 22 to August 26, citing a shortage of inventory level as reason behind management’s decision. In a notice issued to Pakistan Stock Exchange (PSX), automobile company highlighted those restrictions imposed by State Bank of Pakistan (SBP) regarding prior approval for import under HS code 8703 category (including CKDs) have “adversely impacted clearance of import consignment which resultantly affected inventory levels.”–Online

Published in The Daily National Courier, August, 19 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Previous article Huawei Cloud inks strategic accord with ORA Global Development Advisors
Next article Babar, Rizwan star as Pakistan sink Netherlands in second ODI
NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Bilawal Bhutto warns Modi, 'don't dare to undermine Pakistan'

Our Correspondent -
Read more

PIA privatisation to be broadcast live on digital platforms

Pakistan 0
ISLAMABAD: Prime Minister Shehbaz Sharif yesterday directed that the ongoing privatisation process of Pakistan International Airlines (PIA) be broadcast live on television and digital platforms, ensuring transparency throughout the proceedings. Chair...

Pakistan's polio tally rises to eight in 2025

Pakistan 0
PESHAWAR: The National Institute of Health (NIH) has confirmed a new case of polio in Bannu, Khyber Pakhtunkhwa the third from the province this year and the eighth reported across Pakistan as this year's second inoculation drive is in full swing. Th...

At least six terrorists 'sent to hell', four injured in KP's Bannu: ISPR

Pakistan 0
BANNU: At least six terrorists were killed while four others were injured during an intelligence-based operation (IBO) carried out by security forces in Khyber Pakhtunkhwa's Bannu District, the military's media wing said yesterday. According to a sta...

US envoy Baker, CM Murad discuss trade, investment opportunities

City News 0
KARACHI: US Charge d Affaires Natalie Baker, during her visit to Karachi, reaffirmed Washington's commitment to expanding trade and investment ties with Pakistan, highlighting the importance of private sector leadership and economic cooperation for s...

More like this
Related

ADB projects Pakistan's GDP growth at 2.5%, inflation at 6%

ISLAMABAD: The Asian Development Bank (ADB) has projected Pakistan's GDP growth to remain steady at 2.5% in the fiscal year 2025 (FY2025), with a slight increase to 3% in FY2026. The growth is supported by the implementation of a reform program that...

Pakistan, Turkiye sign joint bidding agreement for offshore oil exploration

ISLAMABAD: In a significant step towards enhancing bilateral cooperation in the oil and gas sector, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in an offshore bid round in Pakistan. The agreement was signed on th...

Alvarez & Marsal delegation calls on FinMin Aurangzeb

ISLAMABAD: In a significant move towards enhancing Pakistan's economic future, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, hosted a high-level delegation from global professional services firm Alvarez & Marsal at the Fin...

Rupee falls further against USD

KARACHI: The Pakistani rupee experienced a slight depreciation of 0.06% against the US dollar in the inter-bank market on Tuesday, closing at 280.73, down by Re0.16 from the previous session's closing of 280.57. Internationally, the US dollar struggl...

About us

Daily National Courier is a leading morning English newspaper of eight pages covering all international and national political developments on 24/7 basis.

Company

Latest News

Bilawal Bhutto warns Modi, 'don't dare to undermine Pakistan'

Pakistan 0
SUKKUR: Pakistan Peoples' Party (PPP) Chairman Bilawal Bhutto Zardari delivered a strong and defiant message to India, warning that any attempts to undermine Pakistan's rights over the Indus River would meet fierce resistance. Addressing a large rall...

PIA privatisation to be broadcast live on digital platforms

Pakistan 0
ISLAMABAD: Prime Minister Shehbaz Sharif yesterday directed that the ongoing privatisation process of Pakistan International Airlines (PIA) be broadcast live on television and digital platforms, ensuring transparency throughout the proceedings. Chair...

Pakistan's polio tally rises to eight in 2025

Pakistan 0
PESHAWAR: The National Institute of Health (NIH) has confirmed a new case of polio in Bannu, Khyber Pakhtunkhwa the third from the province this year and the eighth reported across Pakistan as this year's second inoculation drive is in full swing. Th...

Subscribe

© Copyright 2025. All right Reserved

Need Help? Chat with us