INDIA - Ambuja Cements gains 4% ahead of Q1 results

INDIA - Ambuja Cements gains 4% ahead of Q1 results

Shares of Ambuja CementsNSE 2.59 % advanced nearly 4% in Monday’s trade ahead of the company’s March quarter results scheduled later in the day.

BANGLADESH - Heidelberg Cement declares no dividend

BANGLADESH - Heidelberg Cement declares no dividend

HeidelbergCement Bangladesh Limited, for the first time since its enlistment in the Dhaka Stock Exchange in 1989, declared no dividend for the fiscal year 2019-20 for its shareholders as the company incurred Tk18.64 crore loss in the last fiscal.

PAKISTAN - Cement sector urges govt to reduce sales tax to 15% in budget

PAKISTAN - Cement sector urges govt to reduce sales tax to 15% in budget

The country’s cement sector which incurred heavy losses in the 3QFY20 has urged the government to reduce the federal sales tax from 17pc to 15pc in the upcoming federal budget.

PAKISTAN - Cement prices raised by Rs55 per bag in Punjab, KP

PAKISTAN - Cement prices raised by Rs55 per bag in Punjab, KP

Pakistan cement manufacturers on Wednesday increased cement wholesale prices by upto Rs55/bag (or $0.375) in northern region (Punjab and Khyber Pakhtunkhwa), cement dealers confirmed to The News.

JAPAN - Taiheiyo Cement allies with state-backed peer Semen Indonesia

JAPAN - Taiheiyo Cement allies with state-backed peer Semen Indonesia

Japan's leading cement maker Taiheiyo Cement Corp. has teamed up with an Indonesian state-backed peer to penetrate the growing local market and elsewhere.

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