Page 16 - Engineering Development Board News Today

Delivery delays have become a common trait among automakers and a matter of great bother for car buyers all across Pakistan. The Government has finally

The 16th meeting of the Standing Committee on Industries and the Production of the National Assembly was held under the chairmanship of the MNA Sajid

Among the prominent companies to obtain the manufacturing licences are Oppo and Vivo.

The Pakistan Telecommunication Authority has authorised 19 foreign and local companies to manufacture mobile devices in Pakistan. It is expected to help decrease the prices of cell phones as well as the country’s import bill. Mobile subscriptions crossed 164 million in 2020, according to the PTA. Owing to the significant size and continuous growth in mobile connectivity, Pakistan has become the world’s seventh largest handset importer in the world as per Trade Map Data. “Initially valid fo...

A federal technical team has prepared its final report on the rehabilitation of the Pakistan Steel Mills (PSM) oxygen plant.

Pakistan’s new auto policy expects cheaper cars, increased production 5 hours ago Picture used for illustrative purpose. As the current Auto Development Policy (ADP 2016-21) is about to end in June this year, the government is preparing a new auto policy that will focus on facilitating the manufacturing of low-cost cars and incentivise auto exports. According to multiple industry sources, roughly 45 per cent of a car price that a buyer pays goes to the government in the form ...

Pakistan’s new auto policy: Expect cheaper cars, increased production Country to produce mobile phones too SAMAA | Shakeel Ahmed - Posted: May 11, 2021 | Last Updated: 3 days ago SAMAA | Shakeel Ahmed Posted: May 11, 2021 | Last Updated: 3 days ago As the current Auto Development Policy (ADP 2016-21) is about to end in June this year, the government is preparing a new auto policy that will focus on facilitating the manufacturing of low-cost cars and incentivise auto exports. A...

Supreme Court orders revival of PSM oxygen plant The Supreme Court was informed on Wednesday that the federal government was seriously considering reviving the dormant oxygen generation plant of Pakistan Steel Mills (PSM) that could meet the oxygen needs of the entire country in the wake of the Covid-19 pandemic, but an amount of about Rs1 billion was needed to make the plant functional. The French-made PSM’s oxygen plant that is 30 to 40 years old could be made functional subject to availabi...

Chief Justice Gulzar Ahmed, who was heading the bench, wondered why the plant was not being utilised even though it was capable of meeting the oxygen requirements of the entire country. — Photo courtesy Supreme Court Website/File ISLAMABAD: The Supreme Court was informed on Wednesday that the federal government was seriously considering reviving the dormant oxygen generation plant of Pakistan Steel Mills (PSM) that could meet the oxygen needs of the entire country in the wake of the Covid-19 ...

FBR Raises Customs of MG Vehicles by 14.5 Percent In a significant development, the Federal Board of Revenue (FBR) has reportedly bumped up the assessable customs value of the MG SUVs by 14.5 percent over the weekend by means of a ‘Fall Back Method’ as provided under Section 25(9) of the Customs Act, 1969. After the hike, the customs value of the vehicles has gone from $11,632 per unit to $13,314 per unit. Pakistan’s JW SEZ (Pvt.) Ltd. has reportedly become the subject of an audit once ag...