sector
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LPG sector demands swift restart of JJVL plant | The Express Tribune
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[ad_1] ISLAMABAD: Stakeholders from the liquefied petroleum gas (LPG) sector have urged the newly elected prime minister to resume operations of Jamshoro Joint Venture Limited (JJVL) LPG plant in order to meet the domestic gas demand. In a letter to Prime Minister Shehbaz Sharif, LPG Industries Association Chairman Irfan Khokhar demanded the prompt restoration of…
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Market watch: Stock market rises, aided by refinery sector | The Express Tribune
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[ad_1] KARACHI: Bulls returned to the Pakistan Stock Exchange on Thursday who lifted the benchmark KSE-100 index by 319 points to nearly 46,500 points. Investors were observed cherry-picking stocks that had dropped to attractive valuations during the bearish spell at the bourse last week. Encouraged by the consistent uptrend in global crude oil prices, massive…
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LCCI stresses on govt-private sector liaison | The Express Tribune
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[ad_1] LAHORE: The private sector is the engine of economic growth and its proposals must be a part of the federal budget 2022-23, said Lahore Chamber of Commerce and Industry (LCCI) President Mian Nauman Kabir. In a press conference on Saturday held to discuss the chamber’s budget proposals, he said that in developing countries, the…
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Industrial sector creates most jobs | The Express Tribune
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[ad_1] BEIJING: According to a recent Labour Force Survey (LFS) published by the Pakistan Bureau of Statistics (PBS), a majority of new jobs during the last three years have been created in the industrial sector. Survey findings revealed that Pakistan’s economy created a total of 5.5 million jobs during the past three years –1.84 million…
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Rupee depreciation hits industrial sector | The Express Tribune
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[ad_1] KARACHI: The value of US dollar against Pakistani rupee has reached to an all-time high in the history of the country, said Korangi Association of Trade and Industry (KATI) President Salman Aslam. In a statement on Tuesday, he said that for the first time, the greenback crossed Rs182 mark. “This is a matter of…
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Private sector loans tick up | The Express Tribune
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[ad_1] KARACHI: The banks’ outstanding credit to the private sector surged 17% over the past one year to Rs9.96 trillion at the end of February, as the government’s pro-growth policies motivated businesses to expand their production lines despite mounting lending rate and inflation reading. The outstanding credit to the private sector (advances) stood at Rs8.52…
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Textile sector welcomes industrial package | The Express Tribune
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[ad_1] FAISALABAD: Textile exporters have welcomed the industrial support package, announced by Prime Minister Imran Khan, and stated that it focused on industrialisation, foreign exchange inflows and revival of sick industrial units. They added that the scheme sets pro-growth measures in place to steam up industrialisation, boost exports and place the country’s economy on path…
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‘Fintech sector to grow smoothly’ | The Express Tribune
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[ad_1] Commercial banks should not be apprehensive of fintech firms as they facilitate and supplement conventional banking, improve financial inclusion, help document informal economy and give banking opportunities to the unbanked segment, said Federation of Pakistan Chambers of Commerce and Industry Chief Irfan Iqbal Sheikh. In a statement on Monday, he quashed unwarranted concerns on…
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E-commerce aids packaging sector | The Express Tribune
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[ad_1] KARACHI: The thriving e-commerce industry in Pakistan has simultaneously proved to be a blessing for the packaging sector, which is recording a phenomenal growth in recent months. Topline Securities Research Analyst Mehroz Khan underlined that the sector, which included flexible packaging, film packaging, paper and paperboard, etc was likely to be a major beneficiary…
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Big oil sector players ‘left out’ of key meeting | The Express Tribune
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[ad_1] ISLAMABAD: Oil marketing companies (OMCs) and refineries have complained that the Oil and Gas Regulatory Authority (OGRA) ignored major industry players in a meeting held on Wednesday. In this regard, the Oil Companies Advisory Council (OCAC) has written a letter to Ogra chairman, lodging its protest and showing serious concern over the matter, sources…
