Tag: disruption
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Tesla cancels affordable electric car, shifts focus to Robotaxis
Tesla has made a significant shift in its strategy, announcing the cancellation of its long-awaited affordable electric car, a move that has left investors and consumers stunned.
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Mohsin Naqvi seeks to review social media laws amid nationwide X disruption
Interior Minister Mohsin Naqvi has sought a review of social media laws to prevent misuse, as the popular social networking platform X has been disrupted nationwide for over a month. X, formerly Twitter, is not accessible to millions of Pakistani citizens without a VPN, getting suspended before the February 8 general elections. “Social media laws…
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Toyota IMC announces shutdown of production plant once again due to parts shortage
Indus Motor Company Limited (INDU), the company known for assembling and selling Toyota-brand vehicles in Pakistan, has announced the temporary shutdown of its production plant from March 24 to March 27 due to raw material and component shortages. In a notice to the Pakistan Stock Exchange (PSX), Indus Motor cited difficulties in opening Letters of…
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IT Minister warns of service disruption in many areas due to unavailability of technical parts
The restrictions imposed for the letters of credit (LCs) facility for the telecom sector, according to IT & Telecom Minister Syed Aminul Haque, are insufficient. “Without much-needed technical parts there are fears of service disruptions in many areas,” Mr Haque warned while presiding over the 44th Policy Committee meeting of the Universal Service Fund (USF).…
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SBP instructs banks to inform customers in advance about downtime of digital banking services
The use of banking apps and sites for carrying out day-to-day transactions has considerably increased. However, it has been noted that in cases of service outages, customers are not properly informed in a timely manner, due to which they face issues with transactions. Now, in order to ensure that customers are informed about service disruptions…