BEIJING: The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.1 in August, official data showed Saturday. The reading edged down from 49.4 the previous month, amid the continuous impact of heat wave and rainstorms on the country’s manufacturing activity, said Zhao Qinghe, senior statistician of the National Bureau of Statistics (NBS). … Read more
ISLAMABAD: Pakistan’s cement industry witnessed a complex performance in August 2024, with local cement dispatches projected to rise by 8% month-on-month (MoM) to 2.67 million tons. However, this increase is overshadowed by a significant 30% year-on-year (YoY) decline, reflecting ongoing challenges within the sector. The analysis, based on the actual numbers from the first 18 … Read more
JI Naib Emir Liaqat Baloch (centre-left) addresses the press conference in Islamabad on August 26, 2024. — Facebook/@JIPOfficial1 JI to continue struggle to get relief for nation: Liaqat Baloch. Says one-month deadline was set to review contracts with IPPs. “Any attempt to stop strike to push country into anarchy.” The Jamaat-e-Islami (JI) Naib Emir Liaqat … Read more
Leaders of the Central Traders Association (CTA) and Sindh Traders Alliance (STA) announced a nationwide strike on August 28 in protest against high electricity costs and the continuation of IPP agreements. They warned that if their demands are not met, a two-day or indefinite strike may follow. The announcement was made during a press conference … Read more
Listen to article The Sindh government has announced the closure of all public and private schools across the province on Monday, August 26, in observance of the Chehlum of Imam Hussain (RA). The decision was officially communicated on Friday through a notification issued by the provincial education department’s steering committee. The province will mark the Chehlum of … Read more
The Punjab government has announced a public holiday in Lahore district on Monday, August 26, 2024, marking the 981st Annual Urs of Hazrat Data Ganj Bakhsh (RA). The Services and General Administration Department (Welfare Wing) issued the notification on Tuesday. The holiday applies to all government offices in Lahore, excluding the Punjab Civil Secretariat, its … Read more
ISLAMABAD: Fuel prices are estimated to decrease by over Rs 8 per litre for the last fifteen days of on-going month of August 2024. According to industry sources, petrol is expected to decrease by Rs 8.36 per litre, while high-speed diesel (HSD) could witness a reduction of Rs 7.70 per litre. Additionally, kerosene oil is … Read more
A vendor displays colourful plastic horns at Murree Road in connection with the 75th Independence alongside a road in Rawalpindi, on August 13, 2022. — Online ISLAMABAD: As the nation prepares to celebrate the Independence Day on August 14, the city administration in the Islamabad Capital Territory has imposed a ban on the sale, purchase … Read more
A power technician while fixing electric meters in Pakistan. — AFP/File ISLAMABAD: Adding to the financial troubles of inflation-hit masses, the federal government on Thursday jacked up the power tariff by Rs2.56 per unit in terms of fuel cost adjustment (FCA) for June, which would be reflected in the August billing. The National Electric Power … Read more
Pakistan’s 884-MW Suki Kinari hydropower plant is set to commence commercial operations by the end of this month. According to media reports, upon completion, it will be the largest private sector and hydropower project commissioned under the China-Pakistan Economic Corridor (CPEC) and one of its highest-priority early harvest projects. S K Hydro (Private) Limited, a … Read more