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 …

Indus Motor Company Closes Business

Within four days, two major motor car companies closed down their business. First Millat Tractor company closed down its business, and after four days, the makers of Toyota in Pakistan, Indus Motors also announced to shut down their business from 20th December to 30th December. The company stated that they are closing down because of …

Exit mobile version