Apr 9
Taxation, Top stories
FBR launches mega crackdown against cement manufacturers
KARACHI: Federal Board of Revenue (FBR) has launched mega crackdown against cement manufacturers for alleged tax evasions.
Feb 27
Trade & Industry
Another blow to construction industry: cement prices hovering near peak
KARACHI: Skyrocket cement prices are another blow to the construction industry because massive surge in steel prices already badly dented the industry.
Aug 24
Finance, Trade & Industry
Finance minister asks cement producers to reduce prices
ISLAMABAD: Finance Minister Shaukat Tarin has emphasized to reduce the prices of cement as the industry is of paramount importance due to its backward and forward integration with the construction sector as a whole. The finance minister held a meeting with the representatives of cement manufacturers at the Finance Division on Tuesday. Federal Minister for […]
Apr 17
Trade & Industry
Help sought as South Africa imposes anti-dumping duty
KARACHI: Chairman Pakistan-South Africa Business Forum (PSABF) Mohammad Rafiq Memon has said that Pakistan’s cement exports to South Africa have suffered terribly during the last couple of years because of the anti-dumping duty imposed by the South African government that resulted in shrinking cement export to around US$100 to US$150 million which was around US$700 […]
Mar 6
Corporate
Cement exports increase by 52 percent in eight months
KARACHI: Pakistan’s cement exports registered unprecedented growth of 52 percent during first eight months (July – February) of fiscal year 2018/2019 mainly on the back of rupee depreciation and focus on low margin exports. The export of cement rose to 4.65 million tons during first eight months of current fiscal year as compared with 3.05 […]
Jan 10
Corporate
Cement dispatches down to 3.87 million tons in December
KARACHI: Provisional cement data for the month of December 2018 indicates a 1 percent MoM decline in dispatches to 3.87 million tons (November 2018 at 3.90 million tons) owed to weak demand in peak winter season and holidays on account of New Years. Analysts at Arif Habib Limited on Thursday said that a minor 4 […]