Rising construction activity continued to fuel cement demand in August, with total sales climbing 10.33pc year-on-year to 3.097 million tonnes, up from 2.807m tonnes in the same month last year. Export volumes also posted a strong gain, rising 22.13pc to 749,723 tonnes from 613,857 tonnes in August 2024. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), o
The government’s decision to fix a low Import Trade Price (ITP) of $610 per tonne for coated bleached board is likely to encourage the dumping of cheaper paperboard products — primarily from China — posing a serious threat to Pakistan’s domestic industry. Millers warn of job losses, revenue erosion, and idle capacity as they struggle to compete with underpriced imports. The Pakistan paperboa
The Competition Commission of Pakistan (CCP) has recovered Rs495 million in partial penalties from Long Distance International (LDI) operators in the long-running International Clearing House (ICH) case, following the tribunal’s endorsement of the CCP’s original decision. The recovery includes Rs458m from Pakistan Telecommunication Company Ltd (PTCL) and Rs37m from M/s Link Dot Net. The Comp
Despite warnings of super floods in Sindh following devastating monsoon rains in Punjab and Khyber Pakhtunkhwa — bringing the rural economy to a halt, disrupting supply chains, and triggering a spike in perishable prices — the Pakistan Stock Exchange (PSX) extended its recovery for a second consecutive session on Monday. The market defied macroeconomic pressures as investors engaged in se
The Shanghai Cooperation Organisation (SCO) heads of state summit underway in the northern Chinese city of Tianjin (Aug 31–Sept 1) showcases the group’s ambition to anchor what analysts describe as an ‘alternative model’ of multilateral cooperation within the rules-based World Trade Organisation (WTO) framework at a time of heightened global economic and geopolitical uncertainty. The bloc has s