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  1. v9s

    Pakistan's 'net reserves stand at minus $724m'

    Can anyone tell me what composition of the import bill is Capital Equipment? Also, what is the composition of foreign loans (i.e. foreign debt used for what purpose)? And do we have any further external financing lined up? From what i've briefly read, it is normal for a country to go through...
  2. v9s

    Kia Motors Launched its Pakistani Subsite.

    Yes. The last time they partnered up with Yousuf Dewan Group which was embroiled in a lot of financial troubles (some political).
  3. v9s

    Kia Motors Launched its Pakistani Subsite.

    100 acres of land has been acquired in BQIP. Phase I PKR 15 Billion Expected to be complete in FY2019 with a capacity of 25,000-30,000 units per year Phase II PKR ~5 Billion Expansion to 50,000 units per annum and increase localization components by FY2023 Phase III PKR 8.5 billion Expansion...
  4. v9s

    Kia Motors Launched its Pakistani Subsite.

    By FY2020. Plant is being planned out/constructed.
  5. v9s

    Meet Sindh’s millionaire beggars

    You know, it's often repeated not to judge others because their intentions could be different to what another perceives, and its their problem not yours, their yardstick being different from anothers, and yada yada. But what if your yardstick is the Quran? Are you not allowed to judge then? Are...
  6. v9s

    Pakistan is the World's 5th Largest Motorcycles Market

    Does Bangladesh assemble/manufacture any cars? The artificially high price might be due to City being a CBU import.
  7. v9s

    Pakistan Navy tests Harbah Cruise Missile

    It's the Harba Cruise missile! https://defence.pk/pdf/threads/pakistan-navy-test-fires-new-harba-cruise-missile-from-pns-himmat-pakistan.536947/
  8. v9s

    Pakistan Navy test fires new Harba cruise missile from PNS Himmat Pakistan

    Pakistan Navy on Wednesday demonstrated its ability to respond to any aggression by conducting a test fire of a cruise missile from its recently commissioned PNS Himmat near Karachi. The Fast Attack Craft (Missile) PNS HIMMAT, built at Karachi Shipyard & Engineering Works Limited (KS&EW), was...
  9. v9s

    SBP takes steps for transactions to be denominated in Chinese Yuan

    "In terms of regulations in Pakistan, CNY is at par with other international currencies such as USD, Euro and JPY etc." It's just an addition of a currency you idiot.
  10. v9s

    Pakistan agrees to depreciate rupee In talks with IMF

    welp...I guess i'm terrible at detecting sarcasm. You're still terrible in economics though.
  11. v9s

    Pakistan agrees to depreciate rupee In talks with IMF

    hahah..i guess you finally googled the topic. Good for you.
  12. v9s

    Pakistan agrees to depreciate rupee In talks with IMF

    The only person that has no understanding of economics is you. You are nothing but a dumb parrot.
  13. v9s

    Pakistan’s Rupee Drops to Record Low in World’s Biggest Decline

    Except the article says most stable currency since 2014. It's not talking about PKR's entire history. And do you think you're making some kind of revelation regarding PKR's devaluation? Anyone can see the data for themselves. Listen, you little shit. You predicted nothing. It is well known...
  14. v9s

    Pakistan agrees to depreciate rupee In talks with IMF

    What is this, amateur hour? What the other posters are arguing (and you are not understanding) is that economics is not cut and dry like that. There are relationships that exist between economic fundamentals (look it up) and the economy will adjust accordingly.
  15. v9s

    Renault formally announces entry into Pakistan

    Both! To qualify for the Greenfield investment benefits + CKD tax breaks, they need to get approved by EDB which sets targets for localization.
  16. v9s

    PM Abbasi welcomes Volkswagen's entry into Pakistan SHARE TWEET

    To take advantage of the tax breaks, there has to be a degree of local manufacturing. Currently 60-65% of Corolla has locally manufactured parts by IMC or its vendors like Thal engg, Procon, etc (Raw materials probably are imported as they have very low duty rates). So when someone says "Car...
  17. v9s

    What cars are Hyundai-Nishat going to launch? By Abdullah Niazi - November 11, 201710420 2

    2019. They have already hired people and started plant construction
  18. v9s

    PM Abbasi welcomes Volkswagen's entry into Pakistan SHARE TWEET

    It's assembly. Plant land at Port Qasim has been acquired apparently. Will find out more.
  19. v9s

    PM Abbasi welcomes Volkswagen's entry into Pakistan SHARE TWEET

    Semi-CKD venture by Audi was rejected. VW announced plans earlier this year to introduce VW Amarok pickup and T6 Minivan, in addition to setting up an extensive dealer network by 2019. All was quiet until now....but there are next to no details.
  20. v9s

    Renault signs MoU with Majid Al Futtaim to set up car production plant in Pakistan

    The Govt. already gives tax breaks to local manufacturers. Any model to be localized has a part list submitted to the EDB. There are different categories of parts, A-Max, Non-A-Max, etc, classified on the basis on whether they can be localized or not. The approval process has a range of...
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