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OGRA recommends increasing oil prices by up to PKR 14 for May 2019
On Monday 29-4-2019, Oil and Gas Regulatory Authority (OGRA) has recommended the Federal Government to increase the rates of petroleum products by up to PKR 14 per liter.
As per the details, the authority…
Green lane for slow moving traffic launched on Mall road
In a bid to improve the traffic system in the provincial capital, the Punjab Safe Cities Authority (PSCA) has kicked-off the pilot project of the green lane from Mall road, Lahore.
The initiative is…
Punjab Excise, Taxation & Narcotics Control Department to outsource the preparation of…
In a bid to meet the increasing demand of new number plates, Excise, Taxation & Narcotics Control Department, Government of Punjab has decided to outsource this service to private companies.
With an…
Proton to start producing cars in Pakistan by June 2020
Ever since the announcement of entry of Proton in Pakistan, car enthusiasts have shown keen interest. The new entrant will certainly help create more choices for people in the country which is currently…
IMC’s earnings down by 22% in Q3 of FY19
Indus Motor Company (IMC) has posted its earnings, and it doesn’t look too good, according to the company its profits are down by 22%.
As per the details, which the company has provided to Pakistan Stock…
Safety guidelines issued for citizens to prevent car theft
Theft of cars and bikes has remained a major concern for people living almost everywhere in Pakistan. In view of the increasing number of reported cases, Islamabad Capital Territory Police have issued new…
Atlas Honda profits down by 31%
We had earlier discussed that the sales of motorbikes have decreased 6 percent in Pakistan during the first nine months of the Fiscal Year 2019. It has now been revealed that the country’s market leader in…
French delegation backs Renault’s entry in Pakistan
We have been hearing the news that Renault is coming to Pakistan since 2006. It took over ten years with the Auto Development Policy (ADP) 2016-21 for this dream to materialize. The French automaker has availed…
Chinese heavy transport vehicles to be assembled in Pakistan
A memorandum of understanding (MoU) has been signed between two local companies who will work together in manufacturing Chinese heavy transport vehicles in Pakistan.
China-Pakistan Economic Corridor (CPEC)…
Pak Suzuki suffers loss after ending Mehran production
Rupee depreciation and end of production of Mehran hatchbacks have been two key defining events for Pak Suzuki Motor Company (PSMC) during the first quarter of this fiscal year which begin on January 1 and…
Restriction on resale of new cars proposed
Local automakers and the Government of Pakistan are in talks to discourage the practice of charging premium or ‘ON money’ by car dealers. They also want to promote consumer-friendly auto policies in car booking…
Islamabad Expressway suffering traffic issues despite ban on heavy traffic
Despite the ban on heavy traffic on entering the Islamabad Expressway during the peak hours, the traffic situation hasn’t changed much in the federal capital.
In a bid to solve the traffic issues on the…
PSO’s earnings down by 64% in Q3 of FY19
Pakistan State Oil has posted its earnings for the 3rd Quarter of FY19, and according to it, the company made PKR 1.68bn in Q3 down by 64%.
Note here that in the same period of the corresponding year, PSO…
Master Motors to roll out 3 LCV’s in April
The joint venture of Master Motors with Changan Automobiles will start the production of three light commercial vehicles (LCV’s) in this month of April. The announcement was made by Danial Malik, the CEO of…
Kasur Safe City Project gets operational under PSCA!
The CCTV cameras of Kasur Safe City Project have been successfully linked to the Integrated Command, Control and Communication Centre (IC3) for monitoring.
According to the authority, the Safe City cameras…
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