Industry

Industry

Car sales in Pakistan down by 11%

News Report  Car Sales in Pakistan including sales of Non-PAMA members clocked in at 23900 units, down 5% MoM in Nov 2021. As reported by PAMA,…

Dec 13, 2021
Industry

Pakistan Cement Sales up in Nov

News Report Pakistan’s cement sales in Nov-2021 are likely to reach 4.7-5.1mn tons, up 6-10% YoY. However, the sales of cement are likely to decline by…

Dec 3, 2021
Industry

Custom duty on commercial vehicles reduced to 2%

Ibn-e-Ameer Islamabad: Government has reduced the additional customs duty (ACD) for Vendors and on Heavy Commercial Vehicles in Pakistan. The Commerce Division briefed the Cabinet that…

Sep 21, 2021
Industry

Toyota to invest over US$ 100m to produce HEV

Ibn-e-Ameer Toyota will invest over US$100 million in the local production of Hybrid Electric Vehicle (HEV) in Pakistan. The announced investment by Toyota for the production…

Sep 8, 2021
Industry

Steel Industry proposes tax credit for steel bars

Islamabad: Steel Industry has proposed the government introduce a tax credit for the provision of steel bars for the Prime Minister’s low-cost housing scheme to benefit…

Aug 16, 2021