Tag: Manufacturers

Pak Vanaspati Manufacturers announce strike

Pakistan Vanaspati Manufacturers Association (PVMA) has announced to go on strike by shutting down ghee and cooking oil mills all over the country from...

Manufacturers exploiting delay

It is a sad reality that the government has yet to formulate the new drug pricing policy despite the fact that the devolution of...

Cement manufacturers urge government to clear payments

All Pakistan Cement Manufacturers Association (APCMA) has strongly urged the government to clear payments of long-awaited inland freight subsidy claims and facilitate the...

Govt to take action against price hike of fertilizer by manufacturers

An action is being taken against fertilizer manufacturing companies for unilateral increase in urea prices. The case, in this regard, is being sent to...

Bike manufacturers plan heavy investment

To effectively cope with domestic market of over 1.5 million units and after successful launch of their products in global markets, the local motorcycle...

Tractor manufacturers’ future seems bleak

The last few years have been great if you were a tractor manufacturer. The industry has grown by a CAGR of more than nine...

Auto manufacturers pocket sales tax benefit

Counter to the rules of depreciation the automobile industry in Pakistan is witnessing the sale of used vehicles at higher prices. The government seems...

Chinese automobile manufacturers urged to invest in Pakistan

Engineering Development Board (EDB) has urged Chinese automobile manufacturers to avail investment opportunities in Pakistan. The EDB CEO Aitazaz A. Niazi in a meeting...

Cement manufacturers demand inland subsidy

All Pakistan Cement Manufacturers Association (APCMA) Chairman Aizaz Mansoor Sheikh has called on the Federal Minister for Finance Dr Abdul Hafeez Sheikh to release...

Cement manufacturers pledge support to govt

LAHORE - Cement makers will support the re-enforcement of the Supervised Clearance System (SCS) while the government should resolve hurdles in the export process especially in the case of business with Afghanistan; this was stated in a statement issued by the All Pakistan Cement Manufacturers' Association (APCMA) today.
The APCMA spokesman categorically denied any wrongdoing on the part f the members and said that as a representative of cement manufacturing units across Pakistan,

PSF manufacturers urged to resolve raw material issue

LAHORE - All Pakistan Textile Mills Association (APTMA) Chairman Gohar Ejaz has urged the Polyester Staple Fibre (PSF) manufacturers to rise to the occasion and resolve issues relating to availability of raw material to the textile industry.
He said Pakistan is the only country with odd fibre-mix at the ratio of 80 percent cotton and 20 percent Man Made Fibre (MMF) against world proportion of 40 percent cotton and 60 percent MMF. Consequently, he said, the textile industry has

Most polypropylene bag manufacturers evade GST

LAHORE: It is inexplicable that out of 515 polypropylene bags manufacturing companies registered with the Federal Board of Revenue, less than 80 pay sales taxes.
Data available with Pakistan Today revealed that the FBR collected Rs 74.28 million of sales tax in the year 2009-10, which was Rs 14.95 million greater than the collection of Rs 59.33 million in 2008-09.
However, augmentation of tax revenue was a result of larger collections from companies which are already tax