Ishaq Dar Says Pakistan Has No Chance of Default

There has been a lot of speculation regarding the financial status of Pakistan with several analysts suggesting that Pakistan will default in the near time because of huge amounts of unpaid debt and the rising inflation rate each day. However, Finance Minister Ishaq Dar has something else to say contrary to popular opinion at the …

SBP to Lift Ban on LCs, from 2 January

After the news was published on the Daynews.tv about Suzuki company, Toyota, and Indus Motors made an announcement about suspending their production plant in Pakistan. State Bank of Pakistan SBP decided lifting the ban on Letter of Credits (LCs). The initiative was taken by the SBP to lift the Ban on imported will have positive …

Balochistan to Go Ahead with Reko Diq Project

The Balochistan government is all set to move ahead with the Reko Diq project to turn Balochistan into a trade hub despite facing internal and external troubles. Reko Diq project started in 1993 but could not continue because of many factors. However, the Balochistan government will make it happen this time. Reko Diq Project Continues …

“2023 to be Toughest Year for Auto Industry” Mashhood Ali Khan

Karachi: The Pak Suzuki Motor Company (PSMC) on Monday, has announced to suspend its production for a short period due to foreign exchange crisis in the country and non-opening of LCs for the import of raw materials. Audio: Mashhood Ali Khan We at Daynewstv spoke to Mashhood Ali Khan, former chairman of Pakistan Association of …

Pak Suzuki to Close Its Production Plant

The Pak Sukuzi Motor Company (PSMC) announced on Monday that all of its production facilities will be shut down due to a shortage of inventory as a result of a ban on the import of auto parts. The decision will be effective from 2nd January to 6th January 2023. Head of Public Relations and official …

Pakistani Alvir Airways Founder Wins Award

Alvir airways is an upcoming Pakistani airline that aims to combine a comfortable and quality flight experience along with the joy of tourism to explore and enjoy the hidden treasures of Pakistan. The founder of Alvir Airways is Ms. Huma Batool who is the chairperson of Alvir Airways Private Limited and managing director of Vantage …

Tesla Cancels Operations in Shanghai Plant

It might seem that Tesla has canceled the production operations in the Shanghai plant because of the coming year-end holidays but that is not the case. On Saturday, Tesla informed their workers to suspend the production sector and take a break. The Autocar company did not explain and gave any sort of explanation to the …

Pakistan International Airlines Increases Ticket Fares

Pakistan International Airlines and private airlines have jacked up ticket prices, both domestic and international. the reason for this price hike is because of a huge gap between supply and demand. Furthermore, Pakistan international airlines increased the prices because of the holiday season as well. Christmas, Winter, and New Years’ holidays are right around the …

Trade Authority of Pakistan Empowers Women Through Finance Training

Now more than ever, women are starting to venture into the business community to build themselves and their lives and also empower other women to do the same. First Women Bank Limited is also an empowering opportunity for women situated in Karachi, Pakistan to support women in their business ventures and provide them with resources …

Syngenta Pakistan Launches Crop Insurance Program

Syngenta is one of the leading agricultural companies in the world that specializes in all aspects of agriculture and its relation with technology. Syngenta aims to develop programs to save plants and improve the quality and sustainability of agriculture and agricultural products. Syngenta recently launched a program in Pakistan which is a weather and pragmatic …

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