Consumers are rejoicing the points reward by Daraz – an online business platform – at a time of high inflation. The reward points allow consumers to make free online shopping. These reward points enable customers to make additional 20 per cent shopping out of total shopping made normally.
(more…)Category: Corporate
Corporate sector insights covering business strategies, governance, finance, taxation, and regulatory developments shaping company performance.
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Pak Suzuki announces continuation of automobile plant shutdown
KARACHI: Pak Suzuki Motor Company Limited on Friday announced to continue its shutdown of automobile plant during next week.
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Pakistan Suzuki decides plant shutdown from Jan 02, 2023
KARACHI: Pakistan Suzuki on Monday decided to shut down its plant from January 02, 2023 till January 06, 2023.
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Attock Refinery restarts distillation unit
KARACHI: Attock Refinery Limited on Monday said its distillation unit has restarted working, which was shut down previously.
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ACCA conference highlights challenges faced by public sector
A conference hosted by Association of Chartered Certified Accountants (ACCA) highlighted the challenges faced by public sectors and gave solutions
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Pakistan Petroleum signs agreement for Reko Diq Project
KARACHI: Pakistan Petroleum Limited (PPL) has announced signing of an agreement for reconstituted Reko Diq Project.
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Descon launches venture to improve farm productivity in Pakistan
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Engro Fertilizers organizes seminar to enhance food security
KARACHI: Engro Fertilizers, Pakistan’s premier seed-to-harvest solutions provider, has organized mega farmer seminars in Bahawalpur, Kabirwala, and Hafizabad, to support the Government of Punjab’s “Grow More Wheat” initiative for enhanced food security and farmer productivity in the country.
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Millat Tractors announces production holiday on Fridays
KARACHI: Millat Tractors Limited (MTL) on Thursday announced production holiday on Fridays due to lower demand of tractors.
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Kohinoor Spinning Mills stops production due to high cost
KARACHI: A spinning mill has stopped production due to high cost of production and economic downturn.
Kohinoor Spinning Mills Limited in a communication sent to Pakistan Stock Exchange on Wednesday said that due to prevailing global and economic downturn, overdue plant maintenance, high cost of production and low price and demand, it is not feasible to operation the production facility.
“Therefore, the management of the company has decided to temporary close/stop the production activities of the company with immediate effect,” the company said.
The management is hopeful that the current situation will improve in the first quarter of 2023 enabling the company to restart its operations.