Trends - construction sector - Business Recorder

construction sector

ACE chief for identifying illegal constructions, corrupt elements

KARACHI: The development of the construction sector can be kept active by identifying illegal constructions and...

Updated 12 Feb, 2021 11:48pm

Business & Finance

Amid economic revival, Lucky Cement announces to enhance production

"The company has decided to enhance its cement production capacity at its Pezu Plant by 3.15 million tons per annum,” stated the company.

Updated 01 Feb, 2021 02:55pm

Business & Finance

Cement sales in Pakistan expected to post double-digit growth in Jan

On Month on Month (MoM) basis the local cement sales are likely to decline 7-11pc due to seasonality and in line with previous two years trend, said Topline Securities.

Published 22 Jan, 2021 02:58pm

Amnesty scheme dates: New IT Ord issued to facilitate construction sector

ISLAMABAD: The government has promulgated the Income Tax Amendment Ordinance 2021 to change the dates for extension...

Published 22 Jan, 2021 04:47am

Business & Finance

Pakistan improves regulations in construction sector, says IMF

The IMF report on streamlining business regulations states, Pakistan is among the countries that have reduced the time it takes to deal with construction permits and also to obtain a new electricity connection.

Published 18 Jan, 2021 04:33pm

Business & Finance

Huge opportunities for foreign investors: ICCI

ISLAMABAD: President of Islamabad Chamber of Commerce and Industry (ICCI) said that there are huge opportunities for...

Published 18 Jan, 2021 04:10am

BR Research

Maple Leaf Cement Factory Limited

Maple Leaf Cement Factory Limited (PSX: MLCF) was set up in 1960 as a public limited company. It is part of the...

Published 12 Jan, 2021 07:45am

Business & Finance

FBR extend deadlines under Prime Minister’s Construction package

The last date for builders and developers who want to avail of a fixed tax regime has been extended from 31st December 2020 to 31st December 2021.

Published 01 Jan, 2021 11:18am

Business & Finance

FBR to give 90pc Tax Exemption on low-cost housing projects

So far 348 people have registered 389 projects with a total value of Rs. 157 billion.

Published 04 Dec, 2020 10:55am

Business & Finance

Zarea.pk digitalises the $30 billion Housing Construction Industry in Pakistan

We spoke with Ali Alam Qamar, the young entrepreneur and investor who wants to digitally transform the Pakistani Housing Construction Industry with his new venture Zarea.pk.

Updated 06 Nov, 2020 11:34am

Business & Finance

Banks assure govt to facilitate promotion of the construction sector

Governor State Bank Dr. Reza Baqir briefed the meeting about the provision of loans to the poor and the middle class on easy installments.

Published 22 Oct, 2020 04:35pm

Business & Finance

SBP to penalize banks if financing targets for housing & construction not met

The central bank informed that the mechanism will commence from December 31, 2020.

Published 07 Oct, 2020 01:20pm

Markets

Pakistan’s home appliances manufacturer enters into house building, real estate

The development comes as the company appoints Adnan Afaq as Chairman and Haroon Ahmed Khan as Chief Executive Officer of the company for a period of three years.

Published 15 Aug, 2020 11:01am

Business & Finance

Rs400bn construction projects to be initiated in last quarter

A project envisaging construction of houses and apartments worth Rs145bn will commence from 20th October.

Published 16 Jul, 2020 03:53pm

Business & Finance

SBP issues mandatory Targets for Housing and Construction Finance

The central bank pointed out that in Pakistan, bank financing for mortgages and housing construction is less than one percent of GDP which is one of the lowest in the region.
SBP said that banks have remained reluctant over the years to extend mortgage financing for various reasons.

Published 15 Jul, 2020 05:27pm

Business & Finance

Engineering Services Excluded from Reduced Withholding Rates

This proposed amendment would be detrimental for the engineering service sector specially in the current scenario of Covid-19 where it will be difficult for many companies to survive.

Updated 20 Jun, 2020 06:27pm

Pakistan

Govt specially promoting construction sector to support poor

The prime minister interacted with the entitled people there and questioned about their livelihood condition particularly in the aftermath of the COVID-19 pandemic.
Dr Sania Nishtar briefed the prime minister that around 1.3 million people would be

Published 14 Jun, 2020 01:19am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Mar 9 786 Investments Limited(786)	10.00 ▼ 0.00 (0.00%)
AL- Abbas / Mar 9 Al-Abbas Sugar Mills Limited(AABS)	348.90 ▼ 0.00 (0.00%)
Agro Allianz / Mar 9 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 9 Allied Bank Limited(ABL)	79.36 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 9 Abbott Laboratories (Pakistan) Limited(ABOT)	743.64 ▼ 0.00 (0.00%)
Abson Ind. / Mar 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Mar 9 Attock Cement Pakistan Limited(ACPL)	173.83 ▼ 0.00 (0.00%)
Adam Sugar / Mar 9 Adam Sugar Mills Limited(ADAMS)	25.20 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 9	157.17
USD PKR Interbank Buying / Mar 9	157.07
USD to Japanese Yen / Mar 9	109.09
USD to Swiss Franc / Mar 9	0.94
Pound Sterling to USD / Mar 9	1.38
Euro to USD / Mar 9	1.18
UK LIBOR % / Mar 9	0.08

Stock	Volume
S&P 500 / Mar 9	3821.35
India Sensex / Mar 9	50441.07
Tokyo Nikkei / Mar 9	28665.52
Nasdaq / Mar 9	12609.16
Hang Seng / Mar 9	28540.83
FTSE 100 / Mar 9	6719.13
Dow Jones / Mar 9	31802.44
Germany DAX 30 / Mar 9	14380.91
France CAC40 / Mar 9	5902.99