Cement sector expected to see profits soar 38% in most recent quarter
Topline Securities anticipates that declining interest rates and rising pricing ability will help the sector improve margins and boost profitability
SECP has not provided evidence of alleged corruption in Multan Metro Bus project
KARACHI:Â Chairman Senate Standing Committee has asked the office of Securities and Exchange Commission of Pakistan (SECP) to provide the evidence regarding sufficient banking information...
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 facilitate low...
FDI jumps to 15.6pc, adding $262.5 mn from last year
KARACHI: Foreign Direct Investment (FDI) in the first eight months of 2017-18 amounted to $1.94 billion, up 15.6 per cent or $262.5 million from...
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and five years...
Cement despatches decline by 24.19% during March
ISLAMABAD: Cement despatches declined by 24.19% in March, 2023. Total cement shipments during March this year were 3.795 million tons against 5.006 million tons...
Special Economic Zones to get electricity, gas
The cost of providing these utilities to the economic zones would be met through the Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)
PM Khan says development of construction sector key to economic stability, growth
ISLAMABAD: Prime Minister Imran Khan on Thursday said that the development of the construction sector is the key to stability and growth of the...
No relief in federal budget for construction sector, says ABAD
ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.
First ‘Weaving City’ to be set up at M-3 Industrial Estate
FAISALABAD: The first 'Weaving City' will be established on 100 acres of land at M-3 Industrial Estate to help organise the power loom sector.
In...
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
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.
Hubco, FWO Enjazat sign MoU for cooperation in energy, water, mining sectors
HUBCO has signed a MoU with FWO Enjazat L.L.C to explore collaboration on various business opportunities in energy, water and mining sectors.
Has CPEC hit a major roadblock?
China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans
NTDC fined Rs10mn for delaying projects
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 10 million on M/s National Transmission and Despatch Company Limited (NTDC)...
