Fauji Cement's chairman resigns
Fauji Cement Co Ltd (FCCL) has informed Pakistan Stock Exchange (PSX) that Lt Gen Syed Tariq Nadeem Gilani, (Retd) has resigned from his position as director and chairman of FCC...
Pakistan
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Negative sentiments in Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) has lost more than 2200 points on the 100 index on 18 March and across the board. All major scripts, including the cement industry turned red, ...
Pakistan sees mixed 7MFY19-20 cement production data
Pakistan's Federal Bureau of Statistics (PBS) has released production data for the period July 2019- January 2020 with a note that overall output of large-scale manufacturing in...
Pakistan records mixed trend of cement revenue in 8MFY19-20
The export of cement/clinker from Pakistan during the first eight months of FY19-20, saw a fall of 5.80 per cent in terms of value but record a growth of 6.45 per cent compared ...
Fauji Cement commissions additional solar power plant
Fauji Cement Company Ltd (FCCL) has informed Pakistan Stock Exchange (PSX) on 17 March that in addition to the already commissioned 12.5MW captive solar power plant, the company...
Pakistan cuts interest rates and releases coronavirus economic package
State Bank of Pakistan (SBP) on 17 March announced three measures to support the economy and public health in response to the challenges posed by the spread of COVID-19. It redu...
Pakistan records 28% growth in export of cement/clinker 8MFY20
All Pakistan Cement Manufacturers' Association (APCMA) has reported that country saw a growth of 28 per cent in cement and clinker exports during first eight months of the ongoi...
Cement and construction sectors struggle despite net FDI growth
The State Bank of Pakistan (SBP) has released foreign direct investment (FDI) data for February 2020 and eight months of the current financial year 2019-20. It showed that the c...
Coronavirus likely to affect Pakistani cement exports to Afghanistan
Pakistan's export of cement to Afghanistan through land routes will be affected from today following Islamabad's decision to close the borders with Kabul as preventive measures ...
PIBTL likely to become hub of cement/coal handling
The Directors of Pakistan International Bulk Terminal Ltd (PIBT) has released the detailed financial statements for the period ended 31 December 2019. During the period, Pakista...