There have been unexplained cases of hepatitis in children in four European countries and the United States, according to health officials. Health officials in Denmark, Ireland, the Netherlands, Spain, and the United States have reported cases of hepatitis, or liver inflammation. Last week, health officials in the United Kingdom reported that the number of cases … Read more
Weighted average cost of gas (WACOG) Bill is a positive sign for Pakistan, as it would ensure gas availability across all sectors countering the impact of depleting domestic gas reserves. Under the new pricing mechanism, the ratio of supply of local gas and the liquefied natural gas (LNG) would change to 50/50 from the current … Read more
BRUSSELS, Jan 4, 2022 (AFP) – An EU ban on tattoo ink and permanent make-up containing chemicals feared to cause cancers or other health risks went into effect on Tuesday, officials said. The prohibition covers hazardous substances such as certain azo dyes, carcinogenic aromatic amines, polycyclic aromatic hydrocarbons (PAHs), metals and methanol. “The restriction covers carcinogenic, mutagenic and … Read more
ISLAMABAD: The large-scale manufacturing industries (LSMI) production grew 3.56 per cent during the first four months of the current fiscal year, compared with the corresponding period of the last year, Pakistan Bureau of Statistics (PBS) reported. The LSMI Quantum Index Number (QIM) was recorded at 140.50 points during July-October (2021/22) against 135.66 points during July-October … Read more
NEW DELHI: India’s annual wholesale inflation rate surged to 14.23 per cent in November, showed data released by the ministry of commerce and industry on Tuesday. “The annual rate of inflation is 14.23 per cent (provisional) for the month of November 2021 as compared to 2.29 per cent in November 2020,” a statement issued by … Read more
KARACHI: Engro Polymer and Chemicals hosted a dialogue on climate change and technologies of the future at the Expo 2020 Dubai, a statement said. The points of the dialogue consisted of climate change, construction materials and technologies of the future, building inclusive communities, and circular economy, to celebrate the Rural and Urban Development Week at … Read more
KARACHI: Nimir Industrial Chemicals Limited has announced an investment of Rs1.25 billion to establish the aluminum cans production facility. “[The] board of Nimir approved an investment of Rs1.25 billion for setting up a production facility to manufacture various types of aluminum cans for aerosol products. This will be a backward integration to the company’s state … Read more
ISLAMABAD: The Large-Scale Manufacturing (LSM) production grew 36.84 per cent on a year-on-year basis during the month of May 2021, compared with the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported on Wednesday. The LSM Quantum Index Number (QIM) was recorded at 139.55 points during May 2021 against 101.98 points … Read more
ISLAMABAD: The coronavirus pandemic had restricted the movement of investors, especially from China but it would pick pace once the Covid-19 subsided, a senior government official said. Addressing a conference, organised by the Pakistan-China Institute, Adviser to the Prime Minister on Commerce Razak Dawood said: “More Chinese investors will visit Pakistan to explore the existing … Read more
KARACHI: Foreign investors operating in Pakistan have contributed Rs1.4 trillion as tax revenue to the national exchequer during 2020/21, a statement said on Monday. Irfan Siddiqui, president of the Overseas Investors Chamber of Commerce and Industry (OICCI), representative of the foreign companies operating in Pakistan, said: “We are proud that in the past 12 months, … Read more
