The exports of spices from the country witnessed an increase of 26.67 percent during the first six months of financial year (2021-22) as compared to the corresponding period of last year. Pakistan exported spices worth $52.518 million during July-December (2021-22) as compared to the exports of $41.462 million during July- December (2020-21), showing growth of 26.67 percent, according to...
A joint venture firm in Pakistan’s steel sector is prepared to resume production after overcoming initial difficulties. Alhaj Steel is the largest private-sector joint venture in the steel industry and the ownership is shared between HEBEI Xingang Iron and Steel Group of China and Alhaj Group of Pakistan. The joint venture has set up a high-quality 60-grade steel manufacturing unit...
For the first time in the history of Pakistan, petrol price is expected to exceed Rs150 per litre amid soaring prices of crude oil in the international market, said sources. In the international market, the prices of petrol and diesel have been increased by Rs6 and Rs5 per litre respectively since February 1, said the well-placed sources. If the government decides...
The government has decided to revise downward the markup rates for the housing subsidy scheme with the aim to give the sector another chance to emerge as a leader in economic growth. The latest circular issued by the State Bank of Pakistan (SBP) on Saturday said that in view of the feedback received from various stakeholders, the government has decided...
