CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions

Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions

Cement prices to go up by Rs50 per bag

LAHORE: Cement manufacturers nationwide have decided to jack up cement price by Rs50 per bag after the hike in fuel prices recently....

Punjab increases royalty on cement minerals

Cost of limestone per bag of cement is projected to rise to PKR 55, up from the current PKR 19 per bag

PM directs banks to simplify application process for housing loans

ISLAMABAD: Prime Minister Imran Khan on Thursday instructed commercial banks to simplify the application process for house building loans in order to...

FBR sets minimum profit rates for builders and developers in new tax scheme

Taxable profits are set at fixed rates of 10%, 15%, and 12% for different categories of construction sector

Workers protest after Master Tiles fails to pay four months wages on eve of Eid

Factory management tried to placate the protestors with Rs 10,000 per worker and the promise of releasing the payment after Eid despite earlier promises

As the LHC strikes down tax on property, ‘plot’ business may see resurgence  

New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt

2018 to be a bumper year for Pakistan’s cement sector: Report

International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...

Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department

It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...

CPIC Global signs deal for two mega residential, commercial projects in Gwadar

'The dream of a Gwadar becoming a key economic hub of Asia is not far away now' ISLAMABAD: CPIC Global on Wednesday signed...

AirSial ready for takeoff, gets go-ahead from PM Imran

Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.

Business community urges govt to avoid excessive focus on construction sector

KARACHI: Business community and economic experts on Sunday appreciated Prime Minister Imran Khan's decision to develop the construction sector but warned that...

President promulgates Naya Pakistan Housing, Development Authority Ordinance

The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.

FBR details new tax rules for builders and developers

Tax body makes amendments to the Income Tax Ordinance 2001; new guidelines aim to enhance tax collection from the real estate sectorÂ