Peshawar: A group of businesspeople from Pakistan and Afghanistan has voiced their worries about the barriers preventing the expansion of bilateral commerce between the two neighbors. The participants at a conference held at the Torkham crossing engaged in a thorough discussion about the effectiveness of different public sector institutions and the challenges faced by the …
Businesspeople want the trade hurdles in Kabul removed Read More »
Karachi’s business community is in crisis due to the protracted stoppage of gas supplies to the city’s industries. Businessmen are urging the government to resume providing gas to companies with sufficient pressure because if they don’t, they will be forced to shut down their manufacturing facilities. Mohammed Tariq Yousuf, the president of the Karachi Chamber …
Industry might shut down if gas is suspended for a long time. Read More »
KARACHI: When the nation has to take strong measures to boost economic growth and ameliorate the pain of businesspeople and ordinary people, businessmen are saying that exports are declining and national financial planning is directionless. Suleman Chawla, the acting president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), noted that the team …
ISLAMABAD: Pakistan decided on Tuesday to forego the second “Summit for Democracy” being held by US President Joe Biden this week after lengthy internal discussions. Pakistan was also invited to the three-day conference that President Biden organized in 2021 but declined because of worries about China. The US invited more than 100 nations this year, …
ISLAMABAD: Carbon trading provides developing nations with cutting-edge and creative trade and commercial options so they may make money while reducing greenhouse gas (GHG) emissions. A carbon credit, also known as a carbon offset, is a payment for the greenhouse gas (GHG) emissions that have been decreased or eliminated from the atmosphere due to emission-reducing …
Mr Shahid Sattar, Secretary General, APTMA Ms Noreen Akhtar, Research Associate – Sustainable Development, APTMA Pakistan’s textile sector is experiencing a rising requirement from the global community of buyers to enhance environmentally and socially sustainable practices. To fulfil this, Pakistan’s textile industry must widely adopt ESG (Environmental, Social and Governance) practices and solutions. ESG has …
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) AND PAKISTAN’S TEXTILE INDUSTRY Read More »
Energy sector is the largest GHG producer in Pakistan. It is estimated that the energy demand in the country will reach 108 – 126 million tons of oil equivalent (TOE) by 2030. With the growing unsustainable management of energy demand, Pakistan’s continuous reliance on imported fossil fuels and outdated coal technology has affected the country’s …
BARRIERS TO RENEWABLE ENERGY TRANSITION FOR PAKISTAN’S TEXTILE INDUSTRY Read More »
In a major step to facilitate the cotton farmers, Prime Minister Shahbaz Sharif approved PRs 8,500 per 40 kilograms as the support price for the commodity this year. The Prime Minister directed to present the matter to the Economic Coordination Committee on a priority basis. He added, “Provincial governments must ensure the prescribed price of …
Prime Minister Shahbaz Shareef took a big decision for Cotton Farmers! Read More »
The second week of January saw a surge in demand that caused cotton prices in Pakistan to rise from an average of Rs1700 per 40 kg to Rs20,000 per kg, an increase of roughly 15%. After that, rates were the same, while some locations also saw premium cotton for PKR 21,000 per 40 kg. The …
Cotton prices remain uncertain globally with a wait for better days! Read More »
(Eng. Muhammad Imran, Pakistan) Imagine a textile that not only just cover the human skin but carrier its natural own healthy properties. What if the constituents of the textile did not involve any farming or animal use but come from a resource which is abundant and currently a challenge for the globe in the …