sector

The main reforms implemented in the industrial sector to advance the sustainable growth led by export – Trendy Blogger

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The main reforms implemented in the industrial sector to advance the sustainable growth led by export – Trendy Blogger

Islamabad: The Ministry of Industries and Production (MOP) has successfully implemented the main reforms to advance sustainable growth and export leadership under the dynamic leadership of Prime Minister Shaybaz Sharif during the past year. Over the past year, a series of leading reforms aimed at achieving growth in small and medium sectors (SME) and engineering … Read more

The oil sector is struggling with a loss of 35 billion rupees due to the waiver of taxes – Trendy Blogger

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The oil sector is struggling with a loss of 35 billion rupees due to the waiver of taxes – Trendy Blogger

Karachi: The oil industry in Pakistan is expected to bear financial losses of 35 billion rupees in the current fiscal year due to the exemption of sales tax on petroleum products that were provided in the Finance Law 2024. Industry estimates indicate that refineries will take losses of 18 billion rupees, while OMCS may face … Read more

The LSM sector shrinks by 1.8 % amid narrow monetary policies and import controls – Trendy Blogger

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The LSM sector shrinks by 1.8 % amid narrow monetary policies and import controls – Trendy Blogger

Islamabad: The growth in the manufacturing sector in Pakistan (LSM) is 1.8 % during the first seven months of the current fiscal year, indicating the ongoing challenges of the country’s industrial base. This contraction, which was reported by the Pakistani Statistics Office (PBS), reflects a negative trend in deepening in the main industries, which are … Read more

Prime Minister to announce relief for the industrial sector soon – Trendy Blogger

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Prime Minister to announce relief for the industrial sector soon – Trendy Blogger

Islamabad: Prime Minister Shaybaz Sharif will announce relief measures for the industrial sector, especially addressing concerns about the electricity tariff, according to the Special Adviser for Industries and Production, Harun Akhtar Khan. Speaking in a meeting with the FPCI, Khan stressed the government’s commitment to economic stability, industrial growth and business friendly environment. He urged … Read more

CCP agrees to the NLC-DP World to enhance the logistics sector in Pakistan – Trendy Blogger

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CCP agrees to the NLC-DP World to enhance the logistics sector in Pakistan – Trendy Blogger

The Pakistan Competition Committee (CCP) approved the acquisition of the National Logistics Company (NLC) for a 60 % stake in DP World Logists Fze, a commercial company and logistical services based in Dubai. The deal, which is facilitated by the Special Investment Facilitation Council (SIFC), aims to enhance the logistics and shipping industry in Pakistan … Read more

SIFC supports the cancellation of drug regulation, and the sector is witnessing 52 % growth – Trendy Blogger

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SIFC supports the cancellation of drug regulation, and the sector is witnessing 52 % growth – Trendy Blogger

The Special Investment Facilitation Council (SIFC) again confirmed its support for the policy of canceling the restrictions in the government for unnecessary drugs, describing it as a big step towards updating the pharmaceutical industry in Pakistan. It was presented in February 2024, which allowed the abolition of the market pricing for the non -listed drugs … Read more

Aptma urges PM to review the gas pricing policy for the textile sector – Trendy Blogger

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Aptma urges PM to review the gas pricing policy for the textile sector – Trendy Blogger

The Association of Pakistani Textile Mills (APTMA) urged Prime Minister Shaybaz Sharif to ensure the gas pricing structure by the market for captive energy users in the textile sector. The association requested gas supplies at liquefied natural gas rates (RLNG) that have been formulated, which are free of crossed costs, excessive gas costs in the … Read more

The OMC sector publishes profit growth by 39 % in 1HFY25 despite the decrease in sales – Trendy Blogger

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The OMC sector publishes profit growth by 39 % in 1HFY25 despite the decrease in sales – Trendy Blogger

The oil marketing companies sector in Pakistan recorded an increase in profits by 39 % on an annual basis during the first half of the fiscal year 2025 (1HFY25), reaching 18.2 billion rupees compared to 13.2 billion rupees in the same period last year. The increase in profitability was largely driven by lower financial costs … Read more

Pakistan, Denmark discusses $ 2 billion in the marine sector – Trendy Blogger

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Pakistan, Denmark discusses $ 2 billion in the marine sector – Trendy Blogger

Islamabad: The Federal Minister of Maritime Affairs, Mohamed Junaid Anwar Chaudhry, held a high -level meeting with the Ambassador of Denmark in Pakistan, Jacob Lenolf, to review the progress of the Danish investment in the marine sector in Pakistan and explore ways for more cooperation. During the meeting, the two sides discussed the implementation of … Read more

FBR records a 54 % increase in sales tax from the sugar sector with a continued rise in retail prices – Trendy Blogger

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FBR records a 54 % increase in sales tax from the sugar sector with a continued rise in retail prices – Trendy Blogger

The FBR (FBR) recorded an increase of 54 % in collecting sales tax from the sugar sector during the past two months, driven by the recovery of arrears, tax reforms and increased sugar exports. However, despite the increase in tax revenues, the price of sugar continues to rise, as consumers pay about 170 rupees per … Read more