Pooling of resources between Fauji Cement and Askari Cement
Fauji Cement Company Ltd has informed Pakistan Stock Exchange (PSX) that its 11th Extraordinary General Meeting (EGM) was held on 10 January 2020 and two important resolutions w...
Pakistan
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Punjab easing NOC issue for new cement plants
The government of Punjab, Pakistan, is encouraging further investment as timely issuance of no objection certificates (NOCs) and other facilities are being extended to cement in...
Pakistan's cement production remains flat in 4MFY19-20
The Pakistan Federal Bureau of Statistics (PBS) has released the latest data for large-scale manufacturing industries (LSMI) for the period July-October 2019. It posts a negativ...
Pakistan's revenue collection autority to track tax evasion in cement industry
Pakistan's tax collection authority, Federal Board of Revenue (FBR), has decided to track and monitor the clearances of duties/taxes paid items from around 100 units of cement, ...
Pakistan coal imports fall 1QFY19-20
Pakistan's import of coal for power generation and cement industry has decreased during the period of July-September 2019-20 due to reduced demand in these industries, according...
Pakistan's government allocates PK5trn for PSDP programme
Pakistan's cement industry has received a positive news from government, which may accelerate demands for cement in local markets. On the directives of Prime Minister Imran Khan...
Transporters strike may impact cement industry
The local and export dispatches of cement industry in Pakistan are likely to face challenges due to ongoing protest of United Goods Transporters Alliance in Pakistan, which has ...
Fauji Cement Co announces Board of Directors members
Fauji Cement Co Ltd (FCCL) has informed Pakistan Stock Exchange (PSX) that Maj Gen Tahir Ashraf Khan, HI(M), (Retd), non-executive director, has resigned from the Board of Direc...
Pakistan's State Bank observes decline in cement production in 1QFY19-20
The State Bank of Pakistan (SBP) has released its first quarterly report on the state of Pakistan's economy for FY19-20, including the performance of the domestic cement sector....
Iran-US conflict may impact cement industry in Pakistan
According to a report from a local research house, following the alleged assassination of Iranian Commander Qassem Soleimani by a US drone attack, security concerns in the Middl...