Former President Faisalabad Chamber of Commerce and Industry Rehan Naseem Bharara has said that Pakistan’s commerce is an important sector of the country’s economy, which is managed by the Ministry of Commerce, which focuses on increasing exports, regulating imports, improving the business environment, and expanding the reach of Pakistani products through international trade agreements (such as GS
Fauji Cement Company Limited (FCCL) and Kot Addu Power Company Limited (KAPCO) have announced a public offer to acquire up to 10.95 million ordinary shares, representing approximately 7.97% stake, in Attock Cement Pakistan Limited. According to a filing submitted to the Pakistan Stock Exchange (PSX) on Monday, the acquisition is part of a broader transaction to take joint control of the company
Service Long March Tyres Limited (SLM), a Chinese-Pakistani joint venture, approved an $80 million investment to establish a Passenger Car Radial (PCR) tyre manufacturing facility in Nooriabad, Sindh. SLM, an associated company of Service Industries Limited, shared the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. The new project will serve the domestic as well as e
Beco Steel Limited said on Monday that its Board has commenced finalisation of funding arrangements with the Company’s sister concern, Beco Steel Ferrous and Non Ferrous Metal Trading LLC, United Arab Emirates (UAE), for investment in solar project. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) today. “The Company is structuring an arm’s leng
Pakistan National Shipping Corporation (PNSC) announced on Monday that an Aframax tanker was successfully inducted into the PNSC-managed fleet. The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. The company shared that the new vessel, M.T Lahore, weighed 112,05 tonnes. Pakistan National Shipping Corporation (PSX: PNSC) is a national carrier of Pakistan. It is engag