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Builders decry hike in steel bar prices

Urge government to waive duty on steel imports to stabilise prices PHOTO: FILE KARACHI: In the wake of increasing prices of steel bars, builders and developers have demanded a waiver from regulatory duty and additional regulatory duty on the import of steel to stabilise prices. Prices of steel bars were around Rs117,000 per ton in November 2020, which have now surged to Rs142,000. The price surge has put a massive burden on the construction sector, which started picking up pace following the government’s initiatives to offset the impact of Covid-19 on the economy and employment in the country. Association of Builders and Developers of Pakistan (ABAD) Chairman Fayyaz Ilyas rejected the recent price hike for iron bars and lamented that the construction industry and the Naya Pakistan Housing Scheme would suffer due to the increasing prices.

ICCI for withdrawal of lease extension notices to promote business activities in federal capital

ICCI for withdrawal of lease extension notices to promote business activities in federal capital   Published On ICCI called upon CDA to immediately withdraw the lease extension notices. ISLAMABAD (APP) – Islamabad Chamber of Commerce and Industry (ICCI) called upon the Capital Development Authority (CDA) to immediately withdraw the lease extension notices to local industries in order to promote trade and business activities in capital city. ICCI Acting President Fatma Azim called upon the CDA to immediately withdraw the lease extension notices to local industries and implement the CDA Board decision made in August 2020 for rationalization of lease extension fee of industrial plots to settle this issue in an amicable manner, a press release said.

Sindh cabinet decides to involve private hospitals, labs in mass Covid-19 vaccination

Karachi March 17, 2021 The Sindh cabinet on Tuesday decided to engage private hospitals and laboratories in Covid-19 mass vaccination in the province and to encourage the private health sector to import coronavirus vaccines, allocate human resources and establish vaccination centres, especially in Karachi. The health department told the cabinet that during the pandemic, the provincial response to the novel coronavirus was characterised by mixed public and private delivery of care. The private health sector played a critical role in providing essential health services, especially when the public sector was so overwhelmed with patients. On the receipt of the first consignment of the Sinopharm vaccine, the provincial government started its drive to inoculate frontline healthcare workers in the first phase. Recently, the vaccination of 60 plus people has been started, and in the next phase, mass vaccination of all people above 18 will be initiated. This will require the involvement

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