Tag: Rising

Rising cost of coal set to raise cement prices

KARACHI: A likely rise of eight percent in international coal prices due to supply concerns will encourage local manufacturers to raise their prices. Coal is an essential raw material in cement production. This rise comes at a time when there is a 12 percent monthly decline in domestic cement sales in November.
The international coal prices have shot up to $117 per tonne recently since December 1, due to supply concerns arising due to floods in Australia, the world's biggest

Auto industry fears rising tide of smuggling

LAHORE
The automobile spare parts industry is suffering an annual loss of at least Rs 3.5 billion due to smuggling, hand baggage, as well as false declarations and invoicing during legal imports at sea and dry ports, representatives of the industry told Pakistan Today on Tuesday.
The automobile industry has displayed marvellous progress in the last ten years but the auto parts industry is facing huge and mounting losses in the face of the aforementioned problems. They have

‘Breast cancer awareness vital to curbing rising cases’

LAHORE
Fifty percent of breast cancer cases were detected at the age of 46 years at an advanced stage when the cure had become next to impossible, Dr Zeba Aziz, Lahore's first woman oncologist and haematologist, said on Tuesday. She was speaking at a seminar organised by the International Women's Club (IWC) at a local hotel.
The IWC is a forum for spreading social awareness to address public issues and for the month of October they chose breast cancer as their theme. The

East Asia booming, but rising currencies a risk: World Bank

TOKYO: East Asia is leading the global recovery, but its success has attracted a surge of capital that has inflated currencies, spelling a risk to exports and future growth, the World Bank said Tuesday.
While the rebound is sluggish in the United States, EU and Japan, emerging East Asia, led by China, is growing at close to pre-2008 global crisis levels, with an expected real economic growth rate of 8.9 percent this year, it said. "East Asia remains the fastest growing world

Rising drone attacks hint at strengthened CIA spy network in Waziristan

PESHAWAR
The almost daily drone attacks in North Waziristan are reflective of the expanded CIA-trained-and-financed human spy network and its infiltration into the Taliban and Al Qaeda militant groups.
Intelligence officials and tribesmen familiar with the developments in South and North Waziristan told Pakistan Today that the number of spies, trained and funded by CIA, has been rising and mysterious movements could be seen across the region.
An intelligence official