Pakistan News Watch

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• Inland freight cost: cement makers seek 50 percent subsidy

  Cement manufacturers have sought a 50 percent subsidy on the inland freight cost to boost cement export to more than one billion dollars, industry sources said here Wednesday. All Pakistan Cement Manufacturers…...

• Cement, other sectors: Inland freight subsidy may continue in fiscal year 2011

  The federal government is likely to continue 35-50 percent inland freight subsidy for the cement and other sectors in the next fiscal year 2010-11. Sources told Business Recorder on Friday that extra …...

• Attock Cement case: SHC suspends public notice

  The High Court of Sindh has suspended the pubic notice of March 25, 2010 in relation to inland freight subsidy of 35 percent and issued permission notices to Deputy Attorney General (DAG) as well as federation…...

• TDAP fails to pay subsidy to cement exporters

  Despite the public announcement of "inland freight subsidy" to the country's exporters, Trade Development Authority of Pakistan (TDAP) has failed to pay the subsidy to cement exporters, for what the authority…...

• Unsuccessful negotiations: Attock Cement won’t acquire shares of Al-Abbas Cement

  Attock Cement Pakistan Limited has said that the negotiations for acquisition of shares of Al-Abbas Cement Industries have been terminated. According to a notice sent to Karachi Stock Exchange (KSE) on…...