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...
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.
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
Govt needs to rethink ban on non-filers from investing in property: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) Acting President Muhammad Naveed Malik has called upon the government to review the decision of putting...
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 the amended...
Steel industry claims producers in erstwhile FATA/PATA evaded Rs150b in taxes
Industry association claims that manufacturers in former FATA/PATA misused tax exemptions to give themselves unfair advantage
Kohat Cement to enter the real estate development market
Manufacturer seeks to follow the footsteps of industry leader Lucky Cement, though it is unclear if it will tap the residential or commercial market first
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...
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: CPIC Global on Wednesday signed a construction...
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.
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...
Workers protest after Master Tiles fails to pay four months wages on eve of Eid
Factory management tried to placate the protestors with Rs 10,000 per worker and the promise of releasing the payment after Eid despite earlier promises
Cement sector profits surge 55% YoY in Q2FY25, exports rise 40%
Sector earnings reach Rs34.7bn, revenue climbs 21% QoQ; gross margins expand to 33%, driven by lower coal costs and improved dispatches; Lucky, Bestway and Fauji Cement accounted for 54% of total sector profits
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.
