Domestic cement despatches up 6pc in February; exports drop 18pc

ISLAMABAD: Cement sales continued to increase during February, although its exports couldn't rebound due to weakening competitiveness in the international market. According to...

Govt to provide gas subsidy to low-income houses of Balochistan for the winter season

With the IMF review around the corner, and an imminent price hike, the government will be treading a fine line with cash handouts

OGRA recommends Rs4.71 per litre hike in petrol price

The regulator has also requested the prices of diesel and kerosene oil to be raised by Rs9.44 and Rs8.06 per litre The...

US likely to revise travel advisory for Pakistan: Dawood

‘Six US trade delegations will visit Pakistan in the next five months’ ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has...

Govt urged to safeguard local industry

'Govt should instruct all business-related departments to focus on resolving key issues of the industry' ISLAMABAD: Islamabad Chamber of Commerce and Industry President...
Pakistan-Afghanistan

Traders demand removal of bottlenecks hampering Pak-Afghan trade

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has urged the government to take pragmatic steps to remove hurdles and problems...

Power shortfall soars in Punjab as LNG supply gets curtailed

Lahore: A technical fault developed at the LNG terminal owned by Engro Corporation on Wednesday that caused the LNG supply to be...

Tax evasion, ghost manufacturers baffle FBR

ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...

Car production dips 5.32pc in 11 months

ISLAMABAD: The production of cars and jeeps witnessed a decrease of 5.32pc during the first eleven months of the fiscal year 2018-19,...

WB projects macroeconomic indicators to grow in future

The World Bank has projected the growth of Pakistan’s industrial sector at 7.7 percent by 2019. According to the twice-a-year South Asia Economic...

Pakistani exporters urged to tap Malaysian meat market

'Half of Malaysian meat demand is being fulfilled by Australia, Brazil, New Zealand, India, China and Thailand, which are all non-Muslim...

Recoveries of power distribution companies drop 1.48pc YoY in FY20: NEPRA report

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has revealed that overall recoveries of the power distributing companies (DISCOs) during the fiscal...

Power sector receivables touch Rs779 billion

Highest percent of losses were recorded for Peshawar Electric Supply Company (Pesco) at 36.6 percent, 35.7 percent for Sepco and 19.1 percent for Hesco

Furniture manufacturers seek special incentives in upcoming budget

ISLAMABAD: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq, on behalf of the furniture producers, presented a set of proposals for the...

Cement prices increase amid low period of demand ahead

LAHORE: Cement makers are taking a seventh consecutive leap of increases in prices, especially in the North, amid a period of low demand ahead,...