LSMI output increases 5.15% in first quarter

The output of the large scale manufacturing industries (LSMI) was observed to be increased by 5.1 percent in the first quarter of this fiscal year as compared to the last fiscal year. The data was released by the Pakistan bureau of statistics when almost all the manufacturing sectors presented the postings of their growth.  The […]

Fauji cement decides to unite with Askari Cement

Fauji Cement Company limited (FCCL) approves the amalgamation scheme with Askari cement limited (ACL). FCCL has informed the stakeholders of a board of approval in their latest notice to Pakistan stock exchange. In accordance with the Companies Act 2017, all of the assets and properties of the ACL will be transferred to the FCCL whereas […]

Fan testing schemes made compulsory for certifications

In accordance with the Pakistan Standards and Quality Control Authority (PSQCA), Federal Government has included electric fan standards in the compulsory certification scheme. Since, PSQCA is a statutory body working under the administrative control of Ministry of Science and Technology (MoST), thus as per its Act, National Standards Body responsible for monitoring quality of products.  […]