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BUSINESS
Cement sales rise by 38 percent in July
Naveed Ahmad Khan
ISLAMABAD: The new fiscal has started well for the cement sector as the cement sale increased by a healthy 37.75 percent from 3.512 million tons in July 2019 to 4.838 million tons in July 2020 due to buoyancy in both…
Federal cabinet approves appointment of Sima Komil as deputy governor SBP.
ISLAMABAD: The federal cabinet on Tuesday approved appointment of Sima Komil as Deputy Governor State Bank of Pakistan (SBP). Sima Komil was currently serving as Chief Executive Officer (CEO) United Bank Limited (UBL). She has vast…
PTA: Amazon web services are not being disrupted
ISLAMABAD: Pakistean Telecommunication Authority (PTA) has announced officiaaly the impression being created on social media that Amazon web disruptin was due to PUBG ban was wrong.The ban on PUBG is in place since July 10, 2020 whereas AWS…
fudged data main cause of sugar crisis, price hike
ISLAMABAD; Physical verification of sugar mills stocks, has given a new twist to the on-going sugar crisis of the commodity. The officially verified data raises serious questions about the reporting system of sugar sector.
It also raises…
FPCCI calculates Rs 45 billion plus loss of PTAs and FTAs in 2019-20
Islamabad: The Federation of Pakistan Chambers of Commerce and Industry )FPCCI) has urged the government to redesign the Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) policy with a view to promote the domestic…
ADB provides Pakistan $ 300 million emergency fund for fighting COVID-19
ISLAMABD: The Asian Development Bank (ADB) will provide $300 million loan to Pakistan to help strengthen its public health response system to cope with the situation out of COVID-19 pandemic and help fulfill basic needs of vulnerable and…
President underscores importance of E-commerce for economic boost
ISLAMABAD:President Dr. Arif Alvi Monday said promotion of E-commerce was highly essential for strengthening economy of the country as it provided access to distant markets, reduce cost of doing business and create employment opportunities.…
UBG opposes shifting of FPCCI headoffice to Islamabad
ISLAMABAD: An hextraordinary meeting of United Businessmen Group (UBG) core committee on Saturday unanimously opposed shifting of Federation of Pakjstan Chambers of Commerce and Industry (FPCCI ) headoffice from Karachi to Islamabad and…
Motorbike, three wheeler sales fall by 23.11 percent in 2019-20
ISLAMABAD, Jul 14 (APP):The sale of motorbikes and three wheelers witnessed decrease of 23.11 percent during the fiscal year 2019-20 as compared to the corresponding period of last year.
During the period under review, as many as 1,370,005…
PEC undermines government efforts for attracting foreign investment
Islamabad: Pakistan Engineering Council (PEC) registration policy 2017, has turned into a stumbling block in pouring in foreign investment into Pakistan. The poor competition among interested parties for bigger projects witnessed in the…
