Cement sector expected to rebound by 2021, thanks to tax cut and government incentives

At first glance, the cement sector looks like it is struggling. The numbers came in for May, and they were not kind.  Pakistan’s...

Textile exports down 37% in May, unlikely to pick up any time soon

If you run an export-oriented company, you have to prepare for shocks. Perhaps you have to be on the lookout for other...

Pakistan finally adopts int’l safety standards for vehicles

'Due to lack of required facilities, implementation of regulations can be a big challenge for regulators'

Business community resents ‘exorbitant hike’ in POL prices

--Lahore chamber fears an increase in cost of doing business; calls for reduction in petroleum taxes --ICCI chief criticises timing of decision,...

K-Electric urged to stop power outages, improve infrastructure

KCCI president criticises KE for not upgrading its distribution network despite earning billions of rupees in revenue

Leather industry seeks exemption from lockdown restrictions

Fearing 'colossal losses' in exports, PLGMEA chief urges govt to allow manufacturing units to operate in double shifts

Govt increases petrol price by Rs25.58

LAHORE:The federal government on Friday announced an increase in the prices of petroleum products with a Rs25.58 per litre increase in the...

Pakistan signs $2.4bn agreement for 1,124MW Kohala Hydropower Project

ISLAMABAD: A tripartite agreement was signed on Thursday between a Chinese company and the governments of Pakistan and China for the construction...

Government releases Rs6.2bn for textile industry to resolve liquidity issues, encourage exports

LAHORE: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Thursday announced the release of an additional grant...

Motorbike, three-wheeler sales drop 25.7pc in 11 months

ISLAMABAD: The sale of motorbikes and three-wheelers plunged by 25.72pc during the first 11 months of the financial year 2019-20, as compared...

PM okays Euro-V standard for fuels

Pakistan to shift from the ageing Euro-II standard to the much newer Euro-V standard

SSGC rebuffs JJVL’s demand for gas supply

'The 18-month arrangement between SSGC and JJVL, which was exercised as per SC's orders, had expired on 20th June 2020'

LPG production: JJVL seeks immediate resumption of supplies from SSGC

ISLAMABAD: Jamshoro Joint Ventures Limited (JJVL) has asked the government to direct Sui Southern Gas Company Limited (SSGC) to immediately resume gas...

Surge in gas tariffs likely to trigger jump in urea prices

ISLAMABAD: As gas companies have sought up to 100pc hike in their tariffs, the fertiliser industry may also increase the price of...

Nishat Mills: the PPE orders help, but do not make up for the loss of exports

You may have seen the same posts floating around on your Instagram feed or Facebook timeline: a high-end fashion designer in Pakistan,...