National

Pakistan’s tight and shale gas deposits are tapped by OGDCL through the signing of an MoU with a Chinese company

The partnership seeks to expand Pakistan’s unexplored gas resources and strengthen energy cooperation. With the goal of exploring and developing Pakistan’s shale and tight gas deposits, China’s CNPC Chuanqing Drilling Engineering Company Ltd. (CCDC) and Pakistan’s top exploration and production firm, Oil and Gas Development Company Limited (OGDCL), inked a Memorandum of Understanding (MoU). In …

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40,000 metric tons of sugar will be imported by Tajikistan from Pakistan

ISLAMABAD, September 23, A.P. A deal for the import of 40,000 metric tons of sugar from Pakistan will be signed by Tajikistan; the Trade Corporation of Pakistan will help the Pakistan Sugar Mills Association and Tajikistan’s State Reserve Material Reserve to make the deal a reality. In a meeting with Director of State of Tajikistan …

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Rich Pakistani customs are on display on Cultural Day, which is organized by Pakistan Forum Luxembourg

September 21, APP, Luxembourg: In order to promote cultural interaction and highlight Pakistan’s rich traditions, the Pakistan Forum Luxembourg (PFL) hosted a lively Cultural Day in Luxembourg that involved both the local Luxembourgish population and the Pakistani diaspora. Faraz Zaidi, the Chargé d’Affaires of the Pakistani Embassy in Brussels, was present at the function. The …

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CPEC’s second phase crucial to boost Pakistan’s economic transformation: PM

At China’s 75th anniversary event, Shehbaz Sharif highlights that cooperation in mining, IT, and agriculture is essential to CPEC’s next phase. According to Pakistan’s Prime Minister Muhammad Shehbaz Sharif, the country’s economy will be significantly transformed by the second phase of the China-Pakistan Economic Corridor (CPEC). At a celebration held by the Chinese Embassy to …

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Beijing: During CIFTIS, the Pakistani embassy organizes a significant investment conference

To draw in international investment for Pakistan’s diverse industries, the Pakistani Embassy in Beijing organized the “Pakistan Investment Conference – Together for a Shared Future” in conjunction with the esteemed China International Fair for Trade in Services (CIFTIS). Important people from the Chinese and Pakistani business communities came together for the event, which focused on …

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The consuls of Pakistan in US cities convene and deliberate to strengthen community relations and address issues

Presided over by Ambassador Rizwan Saeed Sheikh, the day-long conference of Pakistan’s consul general in New York, Chicago, Houston, and Los Angeles came to an end on Sunday with a decision to actively engage with the community, enhance service delivery, and promote people-to-people ties with the United States, particularly through fostering business linkages. As he …

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APTMA requests that tax measures endangering the textile industry be reversed immediately

The group issues a warning, claiming that new tax laws are driving job losses and plant closures while endangering Pakistan’s economic stability. ISLAMABAD: The government has been urged to immediately change what the All Pakistan Textile Mills Association (APTMA) refers to as “regressive taxation policies,” which are negatively affecting the textile industry. The group issues …

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Northumbria and National Textile University with Partners Launch Banana Waste-to-Energy and Textile Project

Northumbria University academics are now working with partners in Pakistan and the UK to develop a novel solution that will utilize this waste product and benefit the community at large. The project partners are working together to develop a novel two-part system. The first portion will employ new technology to turn banana trash into textile …

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March saw an 8% MoM decline in Pakistan’s textile exports

According to the Pakistan Bureau of Statistics (PBS), the country’s textile and apparel exports increased by 3.29% to $1.299 billion in March from $1.257 billion in the same month the previous year. However, on a month-over-month (MoM) basis, exports decreased by 7.67%. Three months of double-digit increase in textile exports came to an end in …

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Bangladesh’s leading textile company, Badsha Group, plans to increase its revenue to US$ 1.3 billion with a US$ 86 million foreign loan infusion

Amidst the continuous problems posed by the present currency crisis to the nation’s ready-made clothing industry, the well-known textile company Badsha Group of Industries is expected to surpass US $ 1.3 billion in annual turnover by FY ’26. This audacious objective comes after a loan of about US$86.83 million was approved by three foreign financial …

Bangladesh’s leading textile company, Badsha Group, plans to increase its revenue to US$ 1.3 billion with a US$ 86 million foreign loan infusion Read More »