Pakistan’s textile exports rise 3.99% to $6.39 billion in four months of FY 2025-26

Cotton yarn exports rise 7.74% to $238.92 million, knitwear up 8.23% to $1.90 billion, while cotton cloth exports fall 12.75% to $592.80 million

Gul Ahmed Textile approves acquisition of industrial property in SITE Karachi 

Board authorises company executives to complete legal, regulatory and corporate formalities for the transaction

As utilities and the government resume capex, Fast Cables rebounds

The company expects an uptick in economic activity and investment from both the government and private sector to boost sales

Industrial activity shows signs of recovery with 4.08% LSM growth in first quarter

September growth reaches 2.69% on strength from autos and cement; food, textile and petroleum segments post mixed results

Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns

New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief

Fire breaks out at Colgate Palmolive’s Kotri factory

LAHORE: A bourse notification filed Thursday by Colgate Palmolive (Pakistan) Ltd revealed a fire broke out at its Kotri factory, which damaged...

China to welcome Pakistan for collaboration in aerospace industry

BEIJING: China will welcome Pakistan for joint collaboration to find a prominent place in the global aerospace industry, officials said on Thursday. The two...

Russia ready to assist Pakistan Steel Mills expansion

Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.

Govt to facilitate local construction industries for economic revival

CAP requests planning minister to establish a Construction and Infrastructure Development Board  ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...

Pakistan Furniture Council signs three MoUs with Chinese companies

ISLAMABAD: Pakistan Furniture Council (PFC) on Monday inked three memorandums of understanding (MoUs) with Chinese companies for consultations in the furniture sector, transfer...

Govt finalises draft Textile and Apparel Policy 2025–30 to boost exports

Export targets set at $19.37bn for FY26, $21.42bn for FY27, $23.74bn for FY28, $26.71bn for FY29 and $29.38bn for FY30 under Uraan Pakistan projections

CDNS unearths largest-ever ‘scam’ of Rs200 million

Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud

How do petrol pumps make money?

After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?

Power demand shrinks 3.6% in FY25 due to tariff hike, weak industry

Electricity consumption in Pakistan declined by 3.6 percent during the first nine months of the ongoing fiscal year, reflecting the impact of...

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...