Strong demand is outpacing supply at a faster rate this year than estimated, especially after the UAE’s removal from FATF Grey List
uae3 hours ago
The model will compete with other cars equipped with engines sized one litre and below, said Abdul Hamid Bhombal, chief financial officer of Pak Suzuki Motor, in an interview in Karachi on Monday, without giving details. Bhombal estimates profit to rise from last year, when net income rose 23 per cent to a five-year high of Rs978 million ($10 million).
The new car targets buyers opting for cheaper, second-hand imports such as Toyota Motor’s Vitz. Pakistan’s car sales fell by a quarter to 73,502 units in the eight months ending February, according to Pakistan Automotive Manufacturers Association. Pak Suzuki’s shares rose 0.9 per cent to Rs99.10 at 2:19pm in Karachi, compared with a 0.6 percent drop in the benchmark KSE-100 Index.
Strong demand is outpacing supply at a faster rate this year than estimated, especially after the UAE’s removal from FATF Grey List
uae3 hours ago
The initiative is expected to boost public transport usage
uae3 hours ago
Authorities urged people to wear face masks and glasses when doing outdoor activities
world3 hours ago
In 10 years, all operations of Dubai International Airport will be transferred to Al Maktoum International
aviation3 hours ago
The meeting saw the formation of four technical committees, one for roads and infrastructure, one for houses and properties, one for dams and water facilities, and one for energy and water
uae3 hours ago
Distance learning also implemented due to nationwide transportation strike
asia4 hours ago
For prospective investors, it is worth considering if a future home would be rain-resilient enough to sustain any weather changes
realty4 hours ago
What happens if the employee fails to perform his duties due to circumstances beyond his control?
legal5 hours ago