TAPI gas transportation, transit fee agreements to be signed in 2018-19
Through the TAPI gas pipeline, funded by Asian Development Bank (ADB), Pakistan and India would be provided 1.325 bcfd gas each and Afghanistan would get 0.5 bcfd gas.
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...
Malakand tunnel project to be allocated more funds
ISLAMABAD: National Highway Authority (NHA) is in process of arranging an additional $85 million for the Malakand tunnel project as now it...
Rent control bill likely to be presented in NA’s next session, ICCI assured
ISLAMABAD: National Assembly (NA) Standing Committee on Interior Chairperson Khurram Shahzad Nawaz on Wednesday assured the business community that he would present...
Pakistan’s long-steel sector poised for gradual recovery due to govt support, post-flood reconstruction demand
Recovery expected to be driven by domestic demand, not exports or efficiency, potentially adding pressure to the external account
Selling is easy, recovery a huge challenge
“Construction is a vast sector and in terms of products produce and segments that we operate in, we are the leaders in...
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
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...
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.
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.
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...
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...
SHC summons Revenue officials in case against land allocation
According to details, the officials of District Administration Mirpurkhas during the hearing pleaded the court to vacate the June, 2017, stay against Shaheed Mohtarma Benazir Bhutto Township.
NAB increases scrutiny, seeks proper documentation for major agreements
ISLAMABAD:Â The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...
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