On Thursday, an auto parts manufacturer Agriauto Industries Limited informed the Pakistan Stock Exchange (PSX) that it would partially close its plant in March. The official notice cited reduced production volumes of its major customers, which include car assemblers, bike makers, and ...

ISLAMABAD - The Rawal Industrial Equipment and Malik Group of Companies have signed an MoU which will bring manufacturing of Chinese heavy transport vehicles and other technology to Pakistan. The MoU was signed by Malik Khuda Bakhsh, Chairman and CEO of Malik Group of Companies and Farrukh Kamal, ...

ISLAMABAD - The government is considering to withdraw its decision of imposing 10% federal excise duty (FED) on cars with engine capacities exceeding 1,700cc. The Senate’s Standing Committee on Industries and Production, on Wednesday, was informed that the 10 percent FED imposed on locally ...

The cement exports during first eight months of the current fiscal year from Jul 2018 to Feb 2019 period registered a growth of 52.30 per cent to 4.65 million tons from 3.05m tons exported in the corresponding period of last year. According to the data released by the All Pakistan Cement ...

ISLAMABAD: Chinese furniture manufacturers have shown interest in establishing a ‘furniture manufacturing units through joint ventures in Pakistan with focus on furniture manufacturing as well as establishing Pakistani furniture outlets in different cities of China to promote furniture trade ...

NEW DELHI - Six global aircraft manufacturers have responded to a Request for Information (RFI) from the Indian Air Force to supply 110 fighter aircraft. The deadline for the RFI was July 6. All six manufacturers have earlier bid for the Medium Multi-Role Combat Aircraft (MMRCA), which ...

ISLAMABAD:The Supreme Court of Pakistan has ordered the powdered and infant formula milk manufacturers to mention clearly on packaging that it was a formula diet and not natural milk.  A bench of Apex Court comprising Chief Justice Mian Saqib Nisar and Justice Ijazul Ahsan passed the orders ...

LAHORE:Pakistan Chemical Manufacturers Association (PCMA) on Sunday called for ensuring uniform price of re-gasified liquid natural gas (RLNG) in all four provinces. PCMA Chairman Zubair F Tufail, Senior Vice Chairman Zafar Mahmood, Vice Chairman Abdul Qayoom and executive committee members, ...

ISLAMABAD - Chinese Auto  manufacturers have shown interest in setting up assembling plants in the country.On Saturday, a Chinese delegation representing 500 auto manufacturers and assemblers visited the Islamabad Chamber of Commerce and Industry in this regard.The delegation includes Chinese ...

ISLAMABAD: A high level 4-member Chinese furniture manufacturers delegation is scheduled to visit Pakistan for three-days from 10 October (Tuesday) to tap new prospects of mutual investment in the field of furniture industry and further strengthen the existing bilateral trade relations with ...