Trade and industry stakeholders have warned that an unchecked increase in dollar rate will increase the cost of production, affecting the manufacturing as well as agriculture sectors badly, because the country has to import fertilizers, food items, oil, machinery and …
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Fertilizer industry remained under considerable pressure during 2017 due to huge inventory. The pressure was eased after the Government of Pakistan (GoP) allowed export of nearly half a million tons urea. While the manufacturers succeeded in exporting urea at whatever …
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Out of some 56 participants, following are the key players of the steel industry in Pakistan: Pakistan Steel Mills Corporation (Pvt) Ltd Established in 1985, Pakistan Steel is Pakistan’s leading steel producer with a production capacity of 1.1 million tons …
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Local tractor industry is playing a strategic role in the promotion of the agriculture sector and strengthening national economy. More than 250,000 people are associated with tractor manufacturing industry. Pakistan was able to export locally manufactured tractors to eastern European …
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Prime Aluminium Industries was incepted through formation of Pakistan Glass in 1969 by the founder member late Asadullah Khan, Tehrik-e-Pakistan gold medalist. This legacy was carried forward by his son Ziaullah Khan, a geologist who established Khan Glazing Company in …
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Mughal Iron & Steel Industries Limited (Mughal Steel), principal activity is manufacturing and trading of mild steel products. The management announced its financial results for the half year closed December 31, 2017, where the financial experts of the company recorded …
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DEPOSIT DISTRIBUTED BY CATEGORY OF DEPOSIT HOLDERS* (Million Rupees) Description Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 1. Non Resident Deposits 126,941 127,022 128,012 135,521 131,905 133,871 2. Resident (I+II+III+IV+V+VI+VII) 11,507,713 11,571,062 11,563,544 11,811,369 11,719,507 11,746,643 I. Government (Including Federal, Provincial …
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Huge outcry ensued from my recent article about how Brexit would hurt Britain’s bottled water industry. The outcry wasn’t to do with Brexit. Instead, it was over the very existence of a bottled water business. There were environmental concerns relating …
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According to estimates by New York State Comptroller Thomas DiNapoli, the average bonus paid to securities industry employees in New York City went up 17 percent last year to $184,200. That’s a level not seen since before the financial crisis. It’s …
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Shipping industry is cyclical in nature, last few decades have seen immense changes. The role of IM0 has become significant so is of Port State Control. Shipping is a complex and capital intensive business, thus private entrepreneurs are shy to …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine