Petrol and CNG price difference must for survival of later: Ghiyas Paracha Karachi, May 04, 2020: The All Pakistan CNG Association (APCNGA) on Monday said the compressed natural gas sector is at the verge of destruction due to parity between the price of petrol and local gas. The price of gas should have been reduced…
Karachi, May 02, 2020: The cement industry is paying Rs 195 per bag taxes which are highest in the region, besides 50 percent increase in transportation cost after implementation of axel load policy resulted into the huge losses by the industry during the last nine months. The cement manufacturing units started incurring losses after the…
Karachi, May 01, 2020: In the background of rising cases of COVID-19 in the country and with the need to strengthen health sector in fight against COVID-19, SBP today enhanced financing limit of a single hospital/ medical center under its Refinance Facility for Combating COVID -19 (RFCC) from Rs. 200 million to Rs. 500 million….
Karachi, April 23, 2020: Four cement companies namely Attock Cement, DG Khan Cement, Fauji Cement and Kohat Cement have announced their 3Q results so far. Their average profitability (after taxation) in third quarter has declined by 146 percent as compared to 3Q 2019 while in nine months period, the profitability has declined by 109 percent….
Pensioners without pensions. Schools without students. Wells without water. Karachi, April 21, 2020: A report issued jointly by ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants), Is cash still king? Maximising the benefits of accrual information in the public sector not only confirms that a complete public sector transition…