Samsung is going to set up a mobile assembly unit in Pakistan in a joint venture of Kia and Ibrahim Sons. Secretary Ministry of Industries and Production informed the Parliamentary Panel that Samsung would set up a mobile assembly unit in Pakistan in the next six months. He said that two companies-KIA and Ibrahim Sons…
Power Cement Limited has increased the price of cement by Rs 300 per ton due to revision in duties resulting in a hike in prices of raw materials. Cement manufacturers-Lucky Cement and Power Cement Limited have increased the price of cement by Rs 15 per bag effective from July 9, 2021. They have increased prices…
The objective is to exploit the full potential of gems and jewelry export worth $5 billion Pakistan has decided to set up a Gems and Jewelry City to tap the full potential of $5 billion annual export by providing a one-window facility. The government will set up a Gems and Jewelry City to pool resources,…
The prices of steel rebar have gone up by Rs 5000 metric ton effective from July 7, 2021, mainly due to an uptick in international scrap prices. ittefaq” steel bars announces that it will increase prices of steel rebar including all grades and all sizes Rs. 5,000/Metric Ton effective from July 7, 2021. Domestic rebar…
News Report Rawalpindi: Rawalpindi Development Authority—RDA—has declared the launch and advertisement of Blue World City, Chakri Road, Rawalpindi illegal under section 56 of Punjab Private Housing Scheme & Land Sub-Division Rules 2010. The RDA’s letter addressed to Saad Nazir and Ch Nadeem Ejaz of Blue World City Housing Scheme, Rawalpindi, “The Society has organized an…
Islamabad: The federal Food Minister has urged to encourage Organic cherry and apricot market for the growth of agriculture in Gilgit Baltistan. The federal minister said that Gilgit Baltistan produced 350,000 tons of organic cherry. However, it wasted 30-40% according to a survey done by JICA. Of a total of 2 million tons of apricot…
Lahore: The Millat Tractors Limited has withdrawn previously increased prices of its brands earlier this month by saying the price revision has been withdrawn, said an official letter of the company addressed to all main dealers. The price revision is withdrawn and previous prices shall prevail till further intimation, the official letter added. Earlier, the MTL…
Aftab Ahmed Islamabad: The Economic Coordination Committee of the Federal Cabinet on Monday is likely to approve a cotton intervention price of Rs 5000 per 40 kg in Pakistan for the current cotton crop, sources familiar with the development told Newztodays.com. Pakistan is mainly dependent on the import of cotton as farmers have not been…
Pakistan Vanaspati Manufacturers Association (PVMA) on Sunday warned that the price of ghee and cooking oil jump up to Rs18 per kilogram (kg) from July 1, 2021. It has also suggested different measures government should take to control the price of ghee and cooking oil in Pakistan. It further said that price of the price…
MG Motors began a test drive of their MG ZS Electric Vehicle in Karachi on Sunday, which will continue on Monday, June 27. MG Motors has been on social media due to the huge following of its owner and now it starts a test drive of MG ZS Electric Vehicle. According to industry insiders, the…