IT exports

IT, ITeS export remittances surge 20.75pc to $1.11bn in 11 months

ISLAMABAD: Pakistan's Information Technology (IT) and IT enabled Services (ITeS) export remittances comprising computer services and call center services surged to $1.11...

Textile millers fear production losses amid power outages, low gas pressure 

LAHORE: All Pakistan Textile Mills Association (APTMA)-Punjab Chairman Adil Bashir has said that frequent power outages and inadequate supply of gas were...

After three months of stagnation, cement despatches surge 30pc in June

--Domestic uptake increases 19.6pc to 3.83m tonnes in June 2020, while exports surge 123pc to 0.78m tonnes  --Overall cement consumption in FY20 inched...

Hydel electricity generation increased by 20pc in FY20 to highest ever level, says Asad Umar

ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar said on Sunday that Water and Power Development Authority (WAPDA) produced the...

Naveena Group to launch steel plant at Port Qasim

KARACHI: Naveena Group, a conglomerate dealing in textile exports, spinning, wind power and other business sectors, on Sunday announced the launch of...

Avanceon and its Ace cards

What’s in a name? In 1989, Bakhtiar Wain set up an engineering and IT company that focuses on automations. He decided to...

Gul Ahmed: defiant or delusional?

As this magazine has consistently pointed out for the last three weeks, it is not the best time to be in the...

Is the cement sector overvalued?

The cement sector in Pakistan has had its rough spots, but one could always look at the last decade and say, here...

Good news and bad news at Hub Power Company

The website for the China Power Hub Generation Company (CPGHC) is not exactly what one could call slick. Awkward photos of Prime...

How a rift in Pakistan’s tobacco industry determines how cigarettes are taxed and not the government

Local and multinational tobacco companies engage in brutal lobbying and media wars to try and tax each other out of business and influence.

Power Division claims zero shortfall despite noticeable power cuts

Spokesman says local maintenance problems cannot be termed as load shedding

OGDC announces commercial production of gas, condensate from Togh Well-I

'This is the fourth injection the company has made in the production gathering system since June 26'

KP business community expresses concern over load shedding for industrial, commercial consumers

PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Friday expressed concerns over unannounced and prolonged electricity load shedding and low...

OGDCL begins commercial production from two newly discovered wells

ISLAMABAD: Oil and Gas Development Company (OGDCL) on Thursday announced that it has started commercial production of gas from two newly discovered...

AGP reveals Rs2.96tr irregularities in Power Division

ISLAMABAD: The Auditor General of Pakistan (AGP) has revealed irregularities of Rs2,962 billion in 318 cases of Power Division and its attached...