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Business February 13, 2021 ISLAMABAD: Government on Friday cheered the momentous run of large scale manufacturing (LSM) sector consecutively for the six months in December, with industrial units in speed mode to meet a rebound in consumer demand. LSM that makes 80 percent of industrial sector in Pakistan posted 8.16 percent growth in the first half of the current fiscal year and grew 11.4 percent year on year in December and 13.5 percent over November, according to the Pakistan Bureau of Statistics (PBS). “Robust growth trends of large scale manufacturing have continued in December,” Ham...

Cement sales up 25 percent, exports down 14pc in January Business February 3, 2021 LAHORE: Cement sales continued to show double-digit growth during January, although its exports couldn’t rebound due to weakening competitiveness in the international market, an industry’s spokesperson said on Tuesday. Local cement dispatches increased 25 percent to 4 million tons in January compared to 3.2 million tons in the same month a year earlier. Cement exports decreased 14.1 percent from 808,874 tons to 694,934 tons, according to the data released by All Pakistan Cement Manufacturers Association (...