Cement sales plunge 37.6pc in May
ISLAMABAD: The impact of construction package announced by the government is yet to be seen, as domestic cement uptake declined by a...
KP millers threaten protest if ban on wheat supply not lifted
PESHAWAR: Flour millers of Khyber Pakhtunkhwa on Wednesday threatened to start a protest along with their workers across the province from next...
Anti-tobacco activists demand Rs20 increase in FED on cigarettes
ISLAMABAD: Anti-tobacco activists on Wednesday demanded the government to increase federal excise duty (FED) on cigarettes by at least Rs20 in the...
Razak Dawood urges exporters to exploit global market for PPE
ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has urged the local exporters to supply Personal Protective Equipment...
Dairy industry’s woes multiply as Covid-19 disrupts supply chain
LAHORE: Already dealing with many deep-seated issues such as financial insecurity, untrained manpower, unregulated market, fragile production base, seasonality of milk production...
Oil falls from $40 as doubts emerge over next step on OPEC cuts
LONDON: Oil fell after touching its highest since March at more than $40 a barrel on Wednesday as doubts emerged about the...
Six OMCs issued show cause notices for not maintaining fuel stocks
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday issued show cause notices to six oil marketing companies (OMCs) for not...
Stocks fall flat amid lacklustre trade
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...
Cabinet approves policy for local manufacturing of mobile phones
ISLAMABAD: Following approval from the Economic Coordination Committee (ECC), the federal cabinet on Tuesday gave a go-ahead to the first-ever Mobile Device...
Pakistan urged to enforce strict taxation for tobacco control
LAHORE: As the world is commemorating 'No Tobacco Week', anti-tobacco campaigners in Pakistan have urged the government to formulate effective measures like...
Pakistan’s mango exports take huge hit amid Covid-19 restrictions
Suspension of int'l flights, closure of borders, rising freight fares, and contracting demands are likely to pull the country’s mango exports down by 40pc this year
Oil prices rise ahead of OPEC+ meeting on output cuts
LONDON: Oil prices rose on Tuesday to near three-month highs on expectations that major producers will agree to extend output cuts during...
FBR likely to reinstate tier-III system on tobacco sector
ISLAMABAD: Apart from increasing federal excise duty (FED) on tobacco products, the Federal Board of Revenue (PSX) is also considering reinstating the...
Stocks rally 386 points amid improved sentiments
KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) witnessed bullish movements on Tuesday, with the benchmark KSE-100 Index...
Climate change in KP leads to 30pc drop in wheat production
PESHAWAR: Climate change in Khyber Pakhtunkhwa has led to a 30 per cent drop in wheat production, creating fears of food shortage...