Tag: closure
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Sindh govt’s Rs2 roti plan may trigger shortage, price inflation in the near future
Sindh Governor Kamran Tessori has announced a subsidised food program for the poor. As part of this initiative, the government will provide roti (flatbread) at a price of Rs2.
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Pakistan’s biggest tractor manufacturer announces to shut down operations
The biggest manufacturer of agricultural machinery in Pakistan, Millat Tractors Limited, has stated that it will cease operations starting on January 6 and continuing till further notice, citing weak demand and cash flow issues.
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Suzuki to halt car and bike production in January 2023 due to parts shortage
Following in the footsteps of Toyota Indus Motor Company (IMC), Pak Suzuki Motor Company (PSMC) has said that its production facility will be totally shut down from January 2 to 6, as a result of a ban on the import of auto parts. The automaker, in a notice sent to the Pakistan Stock Exchange (PSX),…
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Gas supply to industrial sites suspended for two days
The gas crisis has grown worse in the economic hub of Pakistan.
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CNG stations in Punjab, KP to remain shut till March 2023
CNG stations in Punjab and KP will stop operating from November 2022 to March 2023 as the gas crisis increases as a result of the lack of required LNG during the winter. While the government is obligated to purchase 12 LNG cargoes each month, Pakistan LNG Limited (PLL) has been unable to do so; as…
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Sindh extends market timings for Eid-ul-Adha after Punjab
The government of Sindh on Sunday decided to revoke the notice it had issued regarding time limits for markets due to Eid-ul-Adha, following the relaxation of restrictions in Punjab. The province’s home department reportedly sent out a notice saying that the limitation will resume on July 11. In order to conserve electricity as the country…
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Pharmaceutical industry wants to raise drug prices by 25 per cent
The government is given the deadline of June 30 to accept the pharmaceutical industry’s demands, or the cash-strapped sector will have no choice but to shut down. In order to prevent the collapse of the industry, Qazi Mansoor Dilawar, chairman of the Pakistan Pharmaceutical Manufacturers Association (PPMA), called for the refund of Rs40 billion that…