Cement despatches grow by 5.10 per cent
Despite the disruption caused by the General Elections, the sector posted 5.10 per cent growth in July.
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...
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.
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to...
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,...
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
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.
FBR notice seeking details of allottees is a conspiracy against economy: ABAD chairman
KARACHI:Â The Federal Board of Revenue (FBR) has issued notices to various builders and developers for providing details of allottees of shops, flats...
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...
2018 to be a bumper year for Pakistan’s cement sector: Report
International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry...
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.
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
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...
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...
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...