Pakistan textile sector losing ground to regional rivals on costs, warns PTC

Council cites higher energy tariffs, taxes, financing costs and logistics gaps compared with India, China, Bangladesh and Vietnam 

SNGP to install 300,000 LNG connections this year

The gas utility struggles with declining domestic production and reduced demand from its power sector customers

Global garment safety accord moves to tackle heat stress as Pakistan, Bangladesh factories face rising climate risks

New protocol to recognise extreme heat as occupational hazard in textile units supplying global fashion brands

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.

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

Global coal demand hit record high this year but is set to decline by 2030, IEA says

Renewables, nuclear, and gas set to challenge coal dominance by 2030; India's coal use drops, US sees rise, China leads global consumption

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...

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...

Why did the Pakistani govt increase fuel prices, despite a drop in global oil price?

Recent fuel price hikes have left many scratching their heads as global pressures settle down

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?

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...

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

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...

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

Govt to tighten solar net metering regulations, introduce revised buyback plan: report

New policy replaces net metering with net billing, shifting from quarterly credit billing to monthly cash payments for excess electricity