Industry

Industry

Prices of CRC up

The price of locally-produced Cold Rolled Coil (CRC) for various flat steel grades has witnessed a hike for the second time during the ongoing month. The…

Mar 9, 2021
Industry

CEO IMC urges to remove ACD

Aftab Ahmed The Chief Executive Officer of Indus Motors Limited Ali Asghar Jamali has urged the government to remove additional custom duty (ACD) on the import…

Mar 5, 2021
Industry

PVC margin declined by 9%

PVC margins have declined by USD75 per ton due to an uptick in ethylene prices. It will have a negative impact on local PVC products. PVC-Ethylene margin…

Mar 3, 2021
Industry

DAP price in Pakistan increased by Rs300

The DAP price in Pakistan have increased by Rs 300 per bag due to high demand globally and cut in supply from China. Earlier, Fauji Fertilizer…

Feb 15, 2021
Industry

ECC approves extension in gas supply to FFBL

Aftab Ahmed The Economic Coordination Committee (ECC) on Wednesday approved an extension in gas supply to M/s Fauji Fertilizer Bin Qasim Limited (FFBQL) for the next…

Feb 3, 2021
Industry

PSM needs Rs 32b more funds to clear liabilities

Aftab Ahmed Closed Pakistan Steel Mills (PSM) needs Rs 32 billion more to clear its liabilities before its privatization. After June 2020, all its utility payments,…

Dec 19, 2020
Industry

50% taxes waived for electric 4 wheelers

The government on Tuesday said that it would waive off 50 percent taxes on the production of 1800 CC hybrid and electric cars under the new…

Nov 17, 2020
Industry

Sazgar set to produce electric 2 wheelers

Aftab Ahmed The EV Policy is implemented. M/S Sazgar Engineering Lahore, along with the other four companies, is set to start production of electric 2 wheelers…

Nov 12, 2020
Industry

POF JVs to set up first Electric Vehicles

News Desk Pakistan is set to have its first Electric Vehicles (EV) and Electric Batteries Manufacturing /Assembly Plant in Karachi. Wah Nobel Group of Companies, Almisehal…

Oct 31, 2020
Industry

Govt decides to tighten duty free cars’ import

Moen Khan The PTI government has tightened duty-free import of cars for disabled persons following the opposition of two key ministers. Earlier, the government had allowed…

Oct 30, 2020