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
Seven Pakistani entities added to US export control list
The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures, according to online...
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)
Need raw materials? Zaraye hopes you’ll turn to them
Manufacturers have been procuring raw material the old-school way for decades, resisting any attempt towards automation. Will the B2B startup be able to turn the tide?
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...
Rs35 ml released for construction of Khazana Dam, Balochistan, Senate told
ISLAMABAD: A sum of Rs35 million has already been released earlier this year to provincial irrigation department for constructing Khazana Dam, Zimri, district Musakhel in ...
Rules being finalised for public-private partnership in five-million housing project
ISLAMABAD: The Ministry of Housing and Works is finalising rules for public-private partnership in the Naya Pakistan Housing Project which would be started through...
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:Â CPIC Global on Wednesday signed a construction...
KP’s tax cuts may help revive construction industry from Covid slump
PESHAWAR: Senior officials at the Khyber Pakhtunkhwa (KP) Board of Revenue said on Monday that the provincial government has reduced taxes on the construction...
ICCI urges FBR to stop harassment of builders and developers
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop harassing builders...
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)...
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 including LNG...
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...
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
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...
