‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and...

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...

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...

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...

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...

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

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...

State Minister stresses expediting LPG-Air Mix Plants in Balochistan

KARACHI: The Minister of State for Petroleum Division, Jam Kamal Khan has stressed the need to expedite work on LPG-Air Mix plants...

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...

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...

SECP has not provided evidence of alleged corruption in Multan Metro Bus project

KARACHI: Chairman Senate Standing Committee has asked the office of Securities and Exchange Commission of Pakistan (SECP) to provide the evidence regarding sufficient...

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.

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)

ABAD demands incentives to attract investment from overseas Pakistanis

ISLAMABAD: The Federal Minister of State for Capital Administration and Development Dr Tariq Fazal Chaudhary appreciated the role of Association of Builders...