Author: Hamza Shahnawaz

  • COVID-19 cases reported at Toyota work sites

    COVID-19 cases reported at Toyota work sites

    Takaoka Plant in Toyota City, Aichi Prefecture, Japan: Toyota Motors Corporation on Tuesday announced COVID-19 cases reported at its work sites.

    In a statement the company said that this news may cause to people in the surrounding regions.

    The virus is an issue that has the potential to affect all Toyota locations and we are continuously working to further enhance our communication and health checks with staff at all locations.

    “Toyota is actively implementing measures to prevent the further spread of the virus and remain committed to provide timely updates as the situation requires,” the company added.

    The company shared the following information:

    Announced on July 26, 2022

    Location, Worksite

    Takaoka Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (a male in his 20’s, two males in their 30’s, a male in his 40’s, a female in her 30’s.)

    Affect to production operation

    Suspended operations on production line #1 at Takaoka plant for the second shift on July 26.

    Date tested positive

    July 24 and 25, 2022

    Last date at work

    July 23, 2022

    Date work site was disinfected

    July 25 and 26, 2022

    Announced on January 20, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (4 males each in their 20’s, 30’s, 40’s and 50’s.)

    Affect to production operation

    Suspended operations on production line #1 at Tsutsumi plant for the second shift on January 20.

    Date tested positive

    January 17, 18, and 19, 2022

    Last date at work

    January 17, 2022

    Date work site was disinfected

    January 17, 18, and 19, 2022

    Announced on January 19, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (ten males in 20’s, one male in 30’s, and three males in 40’s.)

    Affect to production operation

    Decided to suspend operations on production line #2 at Tsutsumi plant for the first shift from January 19 to 22.

    Date tested positive

    January 18 and 19, 2022

    Last date at work

    January 18 and 19, 2022

    Date work site was disinfected

    January 18 and 19, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (eight males in 20’s and 40’s.)

    Affect to production operation

    Production line #2 at Tsutsumi plant halted operation for the first shift on January 19.

    Date tested positive

    January 18, 2022

    Last date at work

    January 18, 2022

    Date work site was disinfected

    January 18, 2022

  • Avanceon partners to upgrade fertilizer company

    Avanceon partners to upgrade fertilizer company

    LAHORE: Avanceon Limited on Tuesday announced that it partnered with Compressor Controls Corporation (CCC) to upgrade a fertilizer company.

    In a communication sent to Pakistan Stock Exchange (PSX) Avanceon Limited said it had partnered with Compressor Controls Corporation (CCC) to retrofit a high value upgradation project for the one of the largest fertilizer companies in Pakistan.

    READ MORE: FFBL declares Rs1.7 billion in 2QCY22

    The project will entail Total Train Solution (Anti-Surge, Speed Control and Performance Control) for improvement and upgradation of critical compressor turbine systems to achieve smooth and energy efficient operations for the customer.

    Avanceon is a Channel Partner of CCC for the Pakistan region. CCC is strategically positioned around the globe to ensure its customers receive the local expertise and dedicated service they expect. Avanceon has more than three decades of expertise and experience within the industrial automation space. It is constantly looking to improve its services portfolio by collaborating with like-minded partners to create value for customers and improve operational effectiveness.

    READ MORE: Hyundai announces second quarter financial results

    Avanceon and CCC jointly aim to achieve a totally integrated system that provides safe and efficient surge protection with stable and precise process control for the customer. The scope of work for this project entails,

    • Detailed Site Audit for Reliable and Energy Efficient Operations

    • Supply, Installation, Programming, and Supervision of Compressor Control System with 1. Anti-Surge Control 2. Performance Control 3. Speed Control

    • Start Up and Performance Testing Services

    READ MORE: PTCL declares 39% growth in half year net profit

    Avanceon conducted comprehensive site surveys and discussed the operations with various personnel (Process, Operations, Machinery, and Instrumentation) to improve compressor operations. CCC proposed the control system that would address the customer’s primary control objectives.

    With this project, Avanceon and CCC aim to achieve anti surge control quality, improve compressor availability, save energy, reduce operator interventions and human error, critical event archiving for diagnostics, and improve overall plant efficiency for the customer.

    READ MORE: Pakistan banks register record profit in 1Q2022

  • Honda Cars declares 29% fall in quarterly profit

    Honda Cars declares 29% fall in quarterly profit

    KARACHI: Honda Atlas Cars (Pakistan) Limited on Tuesday announced a sharp decline of over 29 per cent recorded in its net profit for the quarter ended June 30, 2022.

    READ MORE: Honda to slash production on supply constraints

    The company declared Rs658.2 million profit after tax for the quarter ended June 30, 2022 as compared with Rs928.22 million in the same quarter a year ago.

    Honda Atlas Cars (Pakistan) Limited announced earnings per share (EPS) at Rs4.61 for the period under review as compared with EPS of Rs6.5 announced for the same quarter a year ago.

    READ MORE: Suzuki starts producing outboard motors with plastic collecting device

    The board of directors of the company in their meetings held on July 26, 2022 approved the results and recommended no cash dividend, bonus shares or right shares, according to financial results submitted to the Pakistan Stock Exchange (PSX).

    According to the financial results, the company declared sales of Rs30.24 billion for the quarter ended June 30, 2022 as compared with Rs21.764 billion in the same quarter a year ago.

    READ MORE: Hyundai announces second quarter financial results

    The cost of sales increased to Rs28.33 billion for the quarter ended June 30, 2022 as compared with Rs20.17 billion in the same quarter a year ago.

    This resulted in gross profit of the company at Rs1.92 billion as compared with same quarter previous year at Rs1.59 billion.

    The overall expenses of the company rose to Rs821 million for the quarter ended June 30, 2022 as compared with Rs231.25 million in the same quarter of the last year.

    READ MORE: Honda unveils all-new Civic Type R

  • Gwadar customs auctions motor vehicles on July 28, 2022

    Gwadar customs auctions motor vehicles on July 28, 2022

    KARACHI: Customs Collectorate, Gwadar has announced auction of motor vehicles that will be held on July 28, 2022 at Custom House, Gaddani.

    READ MORE: Peshawar Customs announces auction of motor vehicles on July 26, 2022

    The Collectorate will auction the following vehicles:

    1. Toyota Mark-X Car, Reg. No. AFR-2020, Chassis No. GRX121-1002780, Engine No. 3GR-FSE, Model: 2004.

    2. Mitsubishi Pajero, Reg No. JAR-248, Chassis No. LJ78-00151955, Engine No. –TE.

    3. Pajero, Reg No. JAA-983, Chassis No. CL0048VGJ400698.

    4. Hino Truck (06-Wheeler), Reg No. TTB-491, Chassis No. AK176-45387

    READ MORE: MCC Gwadar to auction motor vehicles on July 18, 2022

    5. Hino Truck (06-Wheeler), Reg No. TKN-647, Chassis No. FE8JLF-10064

    6. Hilux Surf, Reg No. BC8774, Chassis No. VZN215-0003887, Engine No. 5VZ-FE3378(3400CC), Model: 2003

    7. Corolla Axio Car, Reg No. AFT-789, Chassis No. NZE1G1-6127020, Model 2010

    8. Toyota Corolla Axio Car, Reg No. AME-854, Chassis No. NZE141-6110051, Model. 2008.

    9. Toyota Land Cruiser, Reg No. BD-7777, Chassis No.UZJI00-0145693, Model. 2003.

    READ MORE: Customs to auction NDP vehicles on June 8, 2022

    10. Toyota Hilux Surf, Reg No. 2BB-4433, Chassis No. VZN215-0004937, Model: 2003.

    11. Toyota Land Cruiser, Reg No. ABB-785, Chassis No. UZJI00-0154840, Model. 2005.

    12. Toyota Crown Car, Reg No. AFR-022, Chassis No: GRS182-0011883, Model: 2004.

    13. Daihatsu Mira Car, Reg No. BAP-403, Chassis No. L2758-2046046, Model: 2008.

    READ MORE: Lahore Customs to auction vehicles on May 26, 2022

    14. Toyota Crown Car, Reg No. QIIC-3989, Chassis No. QWS204-0002009, Model: 2008.

    15. Toyota Vitz Car, Reg NO: ATN-555, Chassis No. SCP90-5032180, Model. 2005.

    16.    Toyota Fielder Car, Reg No. JAB-118, Chassis No. NZE121-0171398, Engine No. INZ-Fe, Model, 2002.

    17.    Honda Civic, Chassis No. JHMFD-163095201118, Model 2009.

    18.    Toyota Land Cruiser Prado, Chassis No: VZJ95-0101986, Model: 2002.

    READ MORE: Customs Sukkur to auction huge lot of motor vehicles

  • Floods affect telecom services: PTA

    Floods affect telecom services: PTA

    ISLAMABAD: Pakistan Telecommunication Authority (PTA) has said that the recent flash floods in Balochistan have caused multiple optic fiber breaks impacting voice and data services in Lasbela, Kech, Panjgoor, Gwadar, Awaran, Ziarat, Mastung and adjoining areas.

    READ MORE: Norwegian envoy calls on PTA Chairman

    About 343 cell sites of three cellular mobile operators (Telenor, Ufone and Zong) and PTCL have been affected due to floods.

    READ MORE: FBR, PTA introduce temporary registration of cell phones

    Efforts are being made to resolve this unprecedented situation. PTA is working with the concerned operators for early restorations of affected communication channels.

    READ MORE: Huawei suggests characteristics for 5.5G

  • Honda to slash production on supply constraints

    Honda to slash production on supply constraints

    TOKYO, Japan: Honda Motor Co has said it may cut production due to supply constraints and logistical issues.

    READ MORE: Suzuki starts producing outboard motors with plastic collecting device

    According to foreign media, the company said that two lines at Suzuka plant will reduce production by about 10 per cent this month and 30 per cent in early August this year.

    Another plant in Saitama prefecture may also cut production to 10 per cent next month.

    READ MORE: Hyundai announces second quarter financial results

    Auto manufacturers in China are unable to escape from the impact of shortage of semiconductors and COVID-19 lockdowns.

    Toyota Motor Corp said that its global production for August would be about 700,000 units, down roughly 18 per cent from its plans at the beginning of the year.

    READ MORE: Honda unveils all-new Civic Type R

    Honda adjusted its production plan in May but had said it would return to normal in early June.

  • Foreign currency rates in Pak Rupee – July 26, 2022

    Foreign currency rates in Pak Rupee – July 26, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on July 26, 2022 (The rates are updated at 09:55 AM (Pakistan Standard Time):

    CURRENCY NAMEBUYINGSELLING
       
    US DOLLAR $ (USD)230.50232.50
    SAUDI RIYAL (SAR)60.4061.40
    UAE DIRHAM (AED)62.0063.00
    EURO (EUR)232.00237.00
    UK POUND (GBP)274.00278.00
    JAPANESE YEN (JPY)1.641.66
    SWISS FRANC (CHF)234.52235.52
    DANISH KRONE (DKK)30.2030.30
    NORWEGIAN KRONE (NOK)22.0622.16
    SWEDISH KRONA (SEK)21.4221.52
    AUSTRALIAN DOLLAR (AUD)156.50159.00
    CANADIAN DOLLAR (CAD)175.50178.50
    INDIAN RUPEE (INR)2.302.60
    CHINESE YUAN (CNY)31.8032.80
    AFGHAN AFGHANI (AFN)1.802.20

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Foreign currency rates in Pak Rupee – July 25, 2022

  • Pakistani Rupee to US Dollar on July 26, 2022

    Pakistani Rupee to US Dollar on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 230.50 to the US Dollar

    Selling: Rs 232.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:30 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to US Dollar on July 25, 2022

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    Pakistani Rupee to UAE Dirham on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 62.00 to the UAE Dirham

    Selling: Rs 63.00 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UAE Dirham on July 25, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 274.00 to the UK Pound Sterling

    Selling: Rs 278.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 25, 2022

    ————————————————-

    Pakistani Rupee to Euro on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 232.00 to the Euro

    Selling: Rs 237.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Euro on July 25, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 60.40 to the Saudi Riyal

    Selling: Rs 61.40 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:28 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 25, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to UAE Dirham on July 26, 2022

    Pakistani Rupee to UAE Dirham on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 62.00 to the UAE Dirham

    Selling: Rs 63.00 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UAE Dirham on July 25, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 230.50 to the US Dollar

    Selling: Rs 232.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:30 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to US Dollar on July 25, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 274.00 to the UK Pound Sterling

    Selling: Rs 278.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 25, 2022

    ————————————————-

    Pakistani Rupee to Euro on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 232.00 to the Euro

    Selling: Rs 237.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Euro on July 25, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 60.40 to the Saudi Riyal

    Selling: Rs 61.40 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:28 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 25, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to UK Pound Sterling on July 26, 2022

    Pakistani Rupee to UK Pound Sterling on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 274.00 to the UK Pound Sterling

    Selling: Rs 278.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UK Pound Sterling on July 25, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 62.00 to the UAE Dirham

    Selling: Rs 63.00 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to UAE Dirham on July 25, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 230.50 to the US Dollar

    Selling: Rs 232.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:30 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to US Dollar on July 25, 2022

    ————————————————-

    Pakistani Rupee to Euro on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 232.00 to the Euro

    Selling: Rs 237.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:29 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Euro on July 25, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on July 26, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 26, 2022:

    Buying: Rs 60.40 to the Saudi Riyal

    Selling: Rs 61.40 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:28 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    READ MORE: Pakistani Rupee to Saudi Riyal on July 25, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.