KARACHI, June 03, 2026: The Pakistan Chemicals & Dyes Association (PCDMA) has urged the Federal Board of Revenue (FBR) to ease the compliance burden on businesses, cut the General Sales Tax (GST) rate, and restore protections for importers in its pre-budget proposals submitted ahead of the federal budget 2026-27.PCDMA Chairman Salim …

June 2, 2026: Cement despatches declined during May-26. Total Cement despatches during May-26 were 3.837 million tons against 4.858 million tons despatched during the same month of last fiscal year, showing a decline of 21.02%.   According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by …

Karachi, 2 June 2026: HBL’s Manufacturing PMI, compiled by S&P Global, rose to 50.9 in May 2026 from 49.9 in April. As a result, manufacturing activity returned to growth. However, the improvement looks fragile. Underlying trends still point to stagflation pressures. In addition, ongoing US–Iran tensions continue to weigh on …