Report shows Declining Cement Sale for Nov 2018
The growth momentum maintained by the cement industry for five years has come to a halt according to the data released by All Pakistan Cement Manufacturers Association. The cement sector has recorded negative growth of 1 percent in November 2018. The cement industry dispatched 3.899 million tons of cement in the month of November that […]
Govt. to ban Import of Furnace oil
Cabinet Committee on Energy (CCoE) headed by Chairman Ghulam Sarwar Khan, Federal Minister for Petroleum and Natural Resources has decided to Ban the import of Furnace Oil to encourage consumption of domestically produced oil. A Taskforce is being set up to address various concerns of local refineries. Babar Nadeem will chair the taskforce which will […]
Pakistan and Italy to increase bilateral trade
The All Pakistan Business Forum (APBF) and Italian National Organisation for Pakistan & Italy (ANIP) have decided to enhance business activities between Pakistan and Italy and a Memorandum of Understanding (MoU) have been signed to that effect. APBF newly-elected President Syed Maaz Mahmood inked the MoU on behalf of Pakistan while ANIP President Karim Benvenuto […]
Pakistan to export Electricity to Tajikistan
Pakistan has decided to export 1,000MW of electricity to Tajikistan in the winter season through the CASA-1000 project as hydro generation in Tajikistan turns zero in winter season. A reverse flow of electricity clause has been included in the power purchase agreement (PPA). Pakistan has the capacity to generate close to 30,000MW electricity and in […]
CPEC and Regional Connectivity Seminar held in AJK University
Centre of Excellence for CPEC and CPEC Centre University of Azad Jammu and Kashmir convened one-day seminar on “CPEC and Regional Connectivity: Opportunities and Challenges”. HE Masood Khan, President Azad Jammu & Kashmir/The Chancellor, University of Azad Jammu & Kashmir addressed the opening ceremony of the conference. HE Raja Muhammad Farooq Haider Khan, Prime Minister […]