Pakistan News

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  • Plea against 20pc reduction in pvt schools’ fee disposed of for being infructuous

    KARACHI: Provincial authorities on Wednesday informed the Sindh High Court that a new notification had been issued to provide 20 per cent concession to parents in school fees for the months of April and May after amending the rules...

    On Wednesday, Additional Advocate General-Sindh (AAG) Ghulam Shabbir Shah filed statements along with copies of two notifications issued by the Sindh School Education and Literacy Department and the...

  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's...
  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • Centre has assured Sindh of no gas outage for industries, Qaim tells SITE body

    KARACHI: Sindh Chief Minister Syed Qaim Ali Shah on Thursday said he had spoken to Federal Finance Minister Ishaq Dar for provision of a smooth and regular gas supply to all the seven industrial areas in the province...

    Take a look: Sindh rejects Centre’s move to levy tax on gas consumersAnswering questions raised by the SITE representatives, the chief minister said Mr Dar had assured him that the grievances of Sindh would be...

  • In-house treatment plant to become mandatory before setting up industries in Sindh

    KARACHI: Against the backdrop of strict directives of the Supreme Court, the Sindh industries and commerce department has drafted a new law making it mandatory for industrial units to install a pre-treatment plant within the factory premises to treat toxic waste, it emerged on Tuesday...

    Senior officials said the new law — The Sindh Industries Registration Act — would also make it mandatory for all industries established since 1991 to...

  • Body formed in Sindh to finalise guidelines for reopening industries

    KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Sunday constituted a committee of health experts, labour and industries secretaries and representatives of the police and Rangers to prepare a standard operating procedure (SOP) for factories so that they could be allowed to resume operation...

    The chief minister directed the home secretary to form a committee comprising medical professionals/experts, industries and labour...

  • SoPs set for Sindh industries

    KARACHI: The Sindh government will only allow those export-oriented units to resume operations which submit an undertaking to abide in letter and spirit with the prescribed standard operating procedures (SoPs) of the provincial government...

    The decision was taken during a meeting between Chief Secretary Sindh, Mumtaz Ali Shah, Provincial Minister Jam Ikram Ullah Dharejo and representatives of various industrial bodies on WednesdayThe...

  • Sindh governor backs demand for opening businesses, industries

    KARACHI: Sindh Governor Imran Ismail on Tuesday put his weight behind the small traders and industrialists for resuming their business activities and “fully endorsed and supported” their demand, as he believed they were badly hit by the lockdown...

    He also appreciated the cooperation of the industries and small traders for the lockdown while keeping their businesses closed and bearing financial losses only for the national cause... ...

  • Promising performance of large industries

    Industries have also invested in capacity building...

    In the last fiscal year, LSM growth came on the heels of higher public sector spending on construction and infrastructure, improved security situation, generous bank lending to private sector at low interest rates, better access of industries to gas and electricity supplies and a 3...

  • Efficient use of water by industries stressed

    LAHORE: World Wide Fund for Nature Pakistan (WWF-Pakistan) in collaboration with Cleaner Production Institute (CPI) organised a training workshop on Best Water Management Practices (BWMPs) for leather industries at the Sialkot Chamber of Commerce and Industry (SCCI)...

    The workshop was attended by general managers and engineers from 26 industries...

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