Business News

Punjab authorities have persecuted former Prime Minister Nawaz Sharif, Maryam Nawaz and other leaders of the Pakistan Muslim Federation Nawaz (PML-N) for treason. The first information report (FIR) was published in the Badar Rashid v. Sharif at Shadar Police Station in Lahore. The case was registered in accordance with the provisions of the Pakistani Penal Code. FIR addressed PML-N leaders in London before the international community with a provocative speech against the Pakistani High Court and the military. Local journalist Rashid said Sharif is declaring Pakistan a fraudulent state and is trying to turn the people against the democratically elected government. FATF (Financial Action Task Force) greylisting. The purpose of Sharif's speech

In September 2020, the cement sector had the highest shipments. The total volume of shipments in September 2020 amounted to 5.23 million tons against 4273 million tons in September 2019. Utilization of local cement increased by 17.65% to 4.89 million tons and 34.7 million tons in September 2020. Meanwhile, in September 2019, exports increased by 40.95%, increasing from 0.797 million tons in the same month last year to 1.24 million tons. From 30.29 million tons in September 2019 Exports from the north increased by 9.27% ​​from 0.263 million tons in September 2019 to 0.287 million tons in September 2020. The southern region also showed positive growth: cement shipments to the domestic market increased by 26.84% from 445,629 tons to 565,236 tons in September 2019. Exports from the southern regions continued to increase by 56.53% from 534,751 tons in September 2019 to 837,033 tons in September this year. Quarter shipments of cement increased from 1,136 million tons in July and September 20...

While Prime Minister Imran Khan guarantees support and incentives for the growth, development and revitalization of the nation's steel industry, he calls for immediate solutions to the challenges facing the critical industries that make up the economy. At a meeting with a delegation from the Pakistani Association of Large Steel Producers (PALSP), led by its main sponsor Abbas Akberali, the Prime Minister instructed relevant ministries to tackle the problems of ferrous metallurgy and related sectors. Industry Minister Hamad Azhar, Adviser to the Minister of Finance Dr. Abdul Hafiz Sheikh, Trade Advisor to Abdul Razak Daoud, Dr. Institutional Reform Advisor. Dr. Ishrat Hussein and Bank Negara. Reza Bakir. The iron and steel industry briefed the prime minister on the industry's complex cash flow issues and called on the prime minister to take immediate action to revive the lost steel business. Representatives are looking for a “predictable roadmap for the local steel industry” tha...