Pakistan News

    Tiens Product Prices In Pakistan Alto

  • Pak Suzuki to replace Mehran with 660cc Alto

    KARACHI: Pak Suzuki has announced its plans to start local production of Suzuki Alto 660cc by 2018 to replace its iconic Mehran 800cc...

    Based on feedback, the company would consider assembling these vehicles in Pakistan, sources added...

  • Alto 660cc launched

    ISLAMABAD: Pak Suz­uki Motor Company on Satu­rday unveiled Alto 660cc, the replacement of Mehran...

    The new Alto 660cc will replace Mehran, which was known as the cheapest locally manufactured car in Pakistan for 30 years as the first model of Mehran was launched in 1989, incidentally that too was named ‘Alto’ by the company...

  • No change in petroleum product prices for June

    ISLAMABAD: The government has decided to keep prices of all petroleum products unchanged for June, in order to ensure price stability during Ramazan, Finance Minister Ishaq Dar said...

    “In line with Prime Minister Nawaz Sharif’s policy of providing maximum relief to the people, it has been decided that prices of petroleum products will not be increased on June 1,” Mr Dar said...

  • Commissioner told to notify dairy product prices within 10 days

    KARACHI: Legal wrangling over the fixing of fresh milk’s price appeared to take a final turn on Tuesday when the Sindh High Court directed the city commissioner to notify dairy products’ prices within 10 days as the retailers asked the court to set the price of the daily-use commodity at Rs98 per litre...

    Headed by Justice Aqeel Ahmed Abbasi, a two-judge bench was hearing a petition filed by Muhammad Imran Shehzad, a civil rights...

  • Apple unveils iPhone X in major product launch

    CUPERTINO: Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone...

    “It’s great to have a product but we’d have liked it sooner rather than later, more like the beginning of October or mid-October,” said Kim Forrest, senior equity research analyst at Fort Pitt...

  • LNG defined as petroleum product

    ISLAMABAD: The government on Thursday defined liquefied natural gas (LNG) as petroleum product, instead of natural gas, just to bypass the legal requirement of public hearing by the regulator for its pricing...

    “According to the new arrangement RLNG will be treated as a petroleum product and its pricing can be carried out in line with the prevailing practice for petrol/diesel pricing on monthly basis,” said an official statement on...

  • SECP approves micro-insurance product for low-income group

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a new micro-insurance product aimed at providing hospitalisation coverage to low-income clients of a microfinance institution...

    The approval of the product — named ‘First Sehat Tahaffuz Plan’ — under the SECP Micro-insurance Rules 2014 was in line with the objectives of the National Financial Inclusion Strategy (NFIS) recently adopted by the federal...

  • Work on Gwadar product display centre to begin in January

    He said that the federal government had awarded a contract to the Chinese Overseas Ports Holding Company (COPHC) to develop and operate the port, bring in business and establish Pakistan’s first free economic zone...

    He said the free economic zone would be spread over 924 hectares (2,281 acres) near an additional 60-acre tract adjacent to the Gwadar Port Terminal where the COPHC would construct a world-class product display centre... ...

  • Move to diversify savings product base

    As the combined efforts of the fiscal and monetary authorities are focused on documenting the economy, central bankers say diversifying the product base of national savings is the need of the hour...

    Whether the CDNS’s plan to experiment with retail Ijarah Sukuk as a product of national savings gets through or not, analysts say the need for restructuring the NSS portfolio cannot be ignored...

  • Major international product recall of Lactalis baby milk over salmonella fears

    French baby-milk maker Lactalis and health authorities have ordered a major international product recall because of fears of salmonella contamination following 26 cases of children falling sick in France...

    The recall will affect consumers in countries as diverse as Pakistan, Bangladesh, China, Britain and Sudan, underlining the reach of the company and the difficulty in trying to trace all the potentially at-risk powder...

  • Online retailer slapped Rs50,000 fine for faulty product

    KARACHI: A consumer court on Satur­day imposed fines on a leading online retailer for providing a faulty product to a customer...

    The court also asked the online retailer to replace the product in question with a good and useful one or alternatively return the amount (Rs7,795) paid against the purchase of the produce by the claimant and improve its services with regard to reasonable standards as per expectation of consumers...

  • The rise and fall of vegetable prices in Pakistan

    THE ongoing hike in tomato prices is a chilling reminder of the structural problems facing the marketing of perishable food items in Pakistan...

    Tomato and onion prices peaked before and during Eidul Azha, which also coincided with heavy rains in Sindh this year...

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