Pakistan News

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  • Three-day auto show begins in Lahore

    LAHORE: The three-day Pakistan Auto Show 2020 was jointly inaugurated on Friday by Engineering Development Board (EDB) chairman Almas Hyder, FPCCI president Anjum Nisar and LCCI president Irfan Iqbal respectively...

    Organised by the Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam), the country’s largest auto show — with the theme ‘Make in Pakistan’ — features more than 100 exhibitors comprising local and...

  • 459 illegal factories thriving in Lahore, claims LDA

    After the recent collapse of a four-storey factory building at the Sundar Industrial Estate that killed 46 workers, Lahore Development Authority (LDA) has released a list of 459 small factories and industrial units that have been operating illegally in congested residential areas of Lahore...

    The LDA survey exposes 459 small factories in the provincial capital that have been built illegally and are not following the required...

  • LDA seals private school in Lahore while children are in classes

    LAHORE: The Lahore Development Authority (LDA) on Wednesday morning sealed a private school as classes were underway, confining faculty, administration and students to school premises...

    The move caused teachers, students and children's parents to panic as they found themselves locked inside Askari Public School located in a densely-populated residential neighbourhood in Lahore's Johar Town area...

  • Govt urged to announce auto policy immediately

    KARACHI: Auto parts manufacturers have asked the government to immediately announce the Auto Policy 2015-25 so that the industry may proceed with its investment plans which have been pending after the expiry of the previous policy in June 2012...

    Addressing a press conference on Thursday, Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) Vice Chairman Mehmood Alam Sherani stressed the need for setting up...

  • Auto vendors create 150,000 jobs this year

    KARACHI: Around 125,000-150,000 new jobs (direct and indirect) were created by 1,600 auto vending units during the last one year after opening of jobs at local auto assembling plants of cars, light and heavy commercial vehicles and two wheelers...

    Soaring demand of vehicles, excluding tractor industry, has pushed up capacity utilisation in the auto sector, thus requiring additional manpower...

  • Japanese welcome to invest in auto sector, says Dar

    ISLAMABAD: Pakistan offers the most lucrative investment opportunities and an enabling economic environment to foreign investors, especially in the auto sector, Finance Minister Ishaq Dar said on Monday...

    The envoy visited Mr Dar to discuss investment plans of the Japanese companies in the wake of auto policy announced by the Govern­ment of Pakistan...

  • Auto-part makers seek cut in sales tax

    The association further asked the government to allow 10 year special economic zones (SEZs) income-tax incentives to auto-parts makers (APM) for setting up new green field plants for localisation of new parts as well as exemption from custom duty sales tax and income tax on machinery import...

    Unfortunately, these incentives were found missing in the final auto policy announced on March 21, 2016, Paapam noted...

  • ‘Auto policy tilts the field to suit new entrants’

    KARACHI: The new five-year auto policy has ruffled the feathers of car makers and vendors who think the government has “penalised the existing players who have played a big role in developing the local industry”...

    Sadly, it seems that the auto policy is narrowly focused on new entrants...

  • Auto sales race up 27pc

    KARACHI: Sales of cars and light commercial vehicles (LCVs), jeeps and vans increased 27 per cent year-on-year to 60,469 units in July-September...

    According to data released by the Pakistan Automotive Manufacturers Association (Pama) on Tuesday, car sales rose 22
  • Three alleged auto-thieves held after shoot-out

    ISLAMABAD: Three suspected auto-thieves were arrested after an ‘encounter’ with the police on Thursday...

    The police said the suspects were Afghan nationals and had been on bail in connection with more than 11 cases of auto-thefts registered with the police of Shahzad Town, Sabzi Mandi, Koral and other districts of Punjab and Khyber Pakhtunkhwa...

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