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.
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 has predicted...
PM reassures builders of all-out cooperation
ISLAMABAD:Â Prime Minister Imran Khan has reassured the investors in the construction sector that the government is committed to removing any obstacle in the way...
IMF urges FBR to scrap special tax regime for construction sector
Fund calls to end FBR’s discretionary powers, ,enhanced tax marmonisation, and establishment of Tax Policy Unit
Cement despatches decline by 16.55% during April 2023
ISLAMABAD: As the economic turmoil continues to grip the country, the cement industry in Pakistan is facing trouble with declining despatches during the month...
KCR, ML-1 projects of CPEC to hit the ground soon, says Planning secretary
Karachi Circular Railway (KCR) and up gradation of Pakistan’s Railway ML-I projects are the main focus in transport infrastructure sector to be implemented in the current phase of China Pakistan Economic Corridor (CPEC).
China’s construction giant inks MoU to build Gwadar’s first luxury golf community
ISLAMABAD: Empire Properties, the Pakistan registered trustees of leading International Developers CPIC, have signed a Memorandum of Understanding with China Civil Engineering Construction Corporation...
What has Pakistan Cables been up to?
Despite difficulties, the company has been slugging away and staying on track for their expansion plans
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.
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt
CWDP approves three development projects worth Rs76.5b
ISLAMABAD: The Central Development Working Party (CDWP) cleared three development projects worth Rs 76.5 billion during its meeting held on Tuesday under the chairmanship...
After a complete plummet, Pakistan’s cement industry is seeing healthy margins again. What prompted the comeback?
After plummeting to below 5% in 2020, the cement sector's gross margins have surged back to 25% in 2023, but haven’t quite hit the highs of nearly 50% they had in 2012
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
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. Sources familiar...
FBR suspends notices issued to builders, developers
KARACHI:Â Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and Developers of...
