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Cement Sales Grew by 16.28% in January 2021
Asim No Comment Industry
Pakistan’s cement sector posted growth of 16.28 percent in January 2021 as compared to January 2020. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), the total cement sales during January 2021 reached 4.73 million tons compared to 4.07 million tons during the same month of the last fiscal year. The local
Shabbar Zaidi Proves Why Pakistan Should Demonetize Rs. 5,000 Note
Asim No Comment Industry
Former Chairman Federal Board of Revenue (FBR), Shabbar Zaidi, has questioned the use of Rs. 5000 banknote. Taking to Twitter, Shabbar Zaidi termed the rationale for the use of Rs. 5000 notes in Pakistan as unjustifiable. He also compared the maximum denomination of currency note of Pakistan with that of India and Bangladesh. According to
SECP Issues Draft Amendments to NBFC Regulations for Public Consultation
Asim No Comment Industry
The Securities and Exchange Commission of Pakistan (SECP), to safeguard the interest of investors and prevent miss-selling, has proposed amendments to the Non-Banking Finance Companies (NBFC) and Notified Entities Regulations, 2008. The proposed amendments focus on training, disciplining, and monitoring of sales force of Non-Banking Finance Companies (NBFCs). Additionally, the criteria specified for fitness and
Rupee Gains Big Against All Currencies on Yet Another Tuesday
Asim No Comment Industry
Repeating the trend from last week, the Pakistani Rupee (PKR) opened the week with an almost blanket loss against most major currencies in the international currency market, turning the tide on Tuesday with blanket gains. Tuesday marked a day of gains for PKR against all major currencies, with the most pronounced jump against the GBP.
Pakistan, Uzbekistan express resolve to enter into Preferential Trade Agreement
Asim No Comment Industry
Pakistan and Uzbekistan have agreed to enhance bilateral trade relations and expressed the resolve to enter into Preferential Trade Agreement (PTA). The understanding was reached at their first meeting of Joint Working Group on Trade and Economic Affairs and the meeting of Tripartite Working Group on Implementation of Trans-Afghan Railway Project in Tashkent. Advisor to
Govt committed to eliminate corruption: Balochistan CM
Asim No Comment Government & Politics
Balochistan Chief Minister Jam Kamal Khan has said that government is committed to eliminate corruption from the province. Talking to journalists along with Federal Minister Zubaida Jalal in Quetta on Tuesday, he said several officers in the province have been suspended over allegations of corruption while inquiries are underway. Jam Kamal said Balochistan Assembly passed Access
COVID-19 drive to be launched in eight districts of KP
Asim No Comment General
In Khyber Pakhtunkhwa, the COVID-19 drive will initially be launched in eight districts, including Peshawar, Mardan, Bannu, Dera Ismail Khan, Kohat, Swat, Abbottabad and Nowshera. According to the Health department, two hundred and eighty distribution centers have been established for this purpose. More than two thousand four hundred medical staff has already been trained for
1st phase of COVID-19 vaccination campaign to be commenced in Sindh
Asim No Comment General
In Sindh, the first phase of the COVID-19 vaccination campaign will be commenced in three divisions, including Karachi, Hyderabad and Shaheed Benazirabad. Specific corona vaccine centers have been established by the government for this purpose. Source: Radio Pakistan
Punjab Livestock policy will be submitted to cabinet for final approval
Asim No Comment General
Punjab Chief Minister Sardar Usman Buzdar says the first livestock policy of the province has been prepared which would be submitted to the provincial cabinet for final approval. He stated this while chairing a meeting in Lahore today (Tuesday) to review the performance of Livestock and Dairy Development Department and its future programs. The Chief