UAE’s Adnoc-backed company seeks to invest in LNG import terminals in Pakistan

There is a lot of potential in India, Bangladesh, Pakistan and the Philippines, says CEO VTTI BV

Arctic Textile Mills to lease spinning units for business expansion

Leasing initiative aimed at enhancing production capacity amidst rising yarn conversion orders

Din Textile to establish new bedsheet stitching unit

Company expands production capacity with new stitching facility
ntdc

Rs352bn investment plan approved for NTDC’s transmission system upgrade

Three-year investment plan targets infrastructure upgrades, loss reduction, and capacity enhancement across key grid stations

Fauji’s bid for Agha Steel: is it the right move?

Not the most attractive asset in the industry, but that may represent an opportunity for the conglomerate best known for its stewardship of industrial assets

Pakistan’s textile exports rebound with 13% surge in August

Sector shows strong recovery after two months of contraction, as exports hit $1.64bn

Govt summons six IPPs owners for questioning over alleged undue profits

Prime Minister-led probe pressures power producers to renegotiate contracts amid rising energy costs

Reliance Cotton Spinning Mills approves merger with Amer Cotton Mills

Board approves merger plan subject to court and regulatory approvals

Task force formed to prepare plan for $8bn CPEC energy debt reprofiling 

Joint team of Pakistani and Chinese experts to draft initial plan for debt restructuring under which the repayment could be extended for five years 

Small textile mill closures accelerating in Faisalabad

Industry on edge and panicked after Sitara Textile closed its mill for relocation

LSM sector records modest growth in FY2023-24 

June output shows slight decline; key sectors including textiles and automobiles face downturn

Nine departments of MoST left without permanent heads

Irrelevant officials running key organizations on ad hoc basis

Five Pakistani exhibitors exhibit at Texworld Apparel Sourcing event in Los Angeles

Pakistani manufacturers include Mehmood Textiles, Creative Apparels, Denim Dreams by ZA Apparel, Towellers, and Kings Apparel

Textile exports decline by 10% MoM, 3% YoY in July 2024 

Decline attributed to lower cotton yarn and cloth exports; garments and canvas show growth in the first month of the fiscal year

Internet firewall could cost Pakistan’s economy $300 million: P@SHA

Government's lack of transparency on firewall sparks distrust; global IT clients fear privacy compromise; P@SHA calls for immediate and unconditional halt to this digital siege