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Introduction: Toyota Pakistan, known as Indus Motor Company (IMC), has achieved a remarkable milestone by joining Toyota’s global supply chain. This collaboration signifies a significant step forward for IMC and the entire Pakistani automotive industry. The company’s inclusion in the Toyota Global Supply Chain is a first for any local automotive part manufacturer, highlighting the growth potential and encouraging other …

The International Monetary Fund’s board has granted approval for a $3 billion bailout program to support Pakistan’s ailing economy. This decision comes following a staff-level agreement reached between Pakistan and the IMF last month, ensuring crucial funding for the cash-starved nation. The approved bailout program includes a 9-month Stand-By Arrangement (SBA) of SDR2,250 million (equivalent to around $3 billion or …

The Riyadh Airport Authority (RAA) has issued a final warning to Pakistan International Airlines (PIA) regarding non-payment of dues. PIA has until July 15 to settle an outstanding amount of 8.2 million riyals owed to the RAA. Failure to meet the deadline could result in disruptions to PIA’s winter flight schedule. Additionally, the airline has been warned for non-payment of …