News

Senate panel warns IT ministry over telecom boards’ secrecy

A parliamentary committee on Tuesday warned officials of the Ministry of Information Technology that a privilege motion could be moved against them after they refused to disclose the names of board members of state-owned telecom entities. The warning was issued by Senator Palwasha Khan, chairperson of the Senate Standing Committee on IT and Telecom, after the special IT secretary declined to sh

Flour millers blame Punjab ban for wheat crisis

As consumers continue to pay inflated prices for various flour types, millers have accused the Punjab government of creating an artificial wheat and flour crisis by imposing a ban under Section 144 on the inter-provincial movement of wheat and related products. The Pakistan Flour Mills Association (PFMA) South Zone argued that such restrictions contradict the wheat deregularisation policy and v

Google keeps Chrome and Apple deal but must share data in big antitrust ruling

Google won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with US antitrust enforcers, but ordering Google to share data with rivals to open up competition in online search. Google parent Alphabet’s shares were up 7.2 per cent in extended trading on Tuesday as investors cheered the judge’s ruling, which also allows Google t

Construction activity spurs cement demand

Rising construction activity continued to fuel cement demand in August, with total sales climbing 10.33pc year-on-year to 3.097 million tonnes, up from 2.807m tonnes in the same month last year. Export volumes also posted a strong gain, rising 22.13pc to 749,723 tonnes from 613,857 tonnes in August 2024. According to data released by the All Pakistan Cement Manufacturers Asso­ciation (APCMA), o

Paperboard industry warns of dumping risk

The government’s decision to fix a low Import Trade Price (ITP) of $610 per tonne for coated bleached board is likely to encourage the dumping of cheaper paperboard products — primarily from China — posing a serious threat to Pakistan’s domestic industry. Millers warn of job losses, revenue erosion, and idle capacity as they struggle to compete with underpriced imports. The Pakistan paperboa