Gross domestic product shrank 0.1% month-on-month in October, as it did in September, the Office for National Statistics said. It was the first consecutive drop in monthly GDP – which is volatile and prone to revision – since March and April 2020, when Britain enforced its first coronavirus lockdown. Economists polled by Reuters had forecast […]
As per details, the PM’s Construction Package is expected to be launched in the first week of November. The package will provide various incentives for the construction industry but will not include any tax amnesty. The plan includes encouragement for high-rise buildings, and there may be provisions to allow rooftop residential units on existing homes, […]
The construction work on five mega projects in Lahore worth Rs. 20.5 billion is expecting to begin in April. Currently, the process of qualification of contractors, bidding process, the award of contracts, and transfers of fu by the end of April. The five projects to be launch next month are: A flyover at Sheranwala Gate […]
