PAC, PEC at loggerhead on issuance of illegal license to foreign firms
PAC two months back had asked PEC to provide information about the number of licenses issued to foreign firms for execution of construction projects
KP CM directs land acquisition for oil refinery in Karak
PESHAWAR: KP Chief Minister (CM) Pervez Khattak has directed the district administration Karak for the acquisition of land for the oil refinery and remove...
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...
ABAD organises ‘Pak-China Construction Conference’
KARACHI: Pak-China friendship is stronger than ever, and all the projects initiated under China-Pakistan Economic Corridor (CPEC) are to be completed on time, said China's Commercial...
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 sector
FBR suspends notices issued to builders, developers
KARACHI: Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and Developers of...
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...
Cement industry riding a profit boom but bracing for a softer quarter
Eid tends to slow down construction activity, but after a rough few years, the industry finally has some breathing room
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...
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 focus on...
ECC decision on housing finance to be approved by Cabinet today
ISLAMABAD: The federal cabinet, scheduled to meet today (Tuesday) with Prime Minister Imran Khan will endorse the Economic Coordination Committee’s (ECC) decision on housing...
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.
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...
RCCI President for broader tax base, business friendly policies
RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI) Zahid Latif Khan on Wednesday urged the Federal Board of Revenue (FBR) Chairman to introduce...
Pakistan to emerge as a regional hub in tile manufacturing, Italian expert
“With various international certifications and production of world-class ceramic products, Pakistan is geared to become the regional hub in tile manufacturing,” said Paolo Malavasi, representative of Centro Ceramico - Italy
