Karachi, January 23, 2024 : Two more organizations have joined hands with the Plant a Million for Community (PTC) campaign aimed at conducting a massive tree plantation drive in Karachi in the next few years. The PTC in this regard signed two separate memorandums of understanding with the Dream World, Resort, Hotels & Golf Course,…
As per the latest data reported by PBS, textile exports recorded an increase of ~3% YoY in Dec’23 to clock in at US$1.4bn vs. US$1.3bn in SPLY. The increase is possibly due to Christmas/winter season coupled with improve cotton arrivals. Segment wise, export of value-added textile products increased by ~2% YoY, to stand at US$0.97…
Jeddah, January 22, 2024: Saudia, the national flag carrier of Saudi Arabia, ranked 9th among global airlines in the On-Time Performance for the year 2023, according to the annual report by the independent aviation monitoring website Cirium. This follows outstanding performances throughout the year 2023, in which Saudia has secured a place in the top…
Islamabad, January 22, 2024: Further to the government and SIFC’s announcement to remove the cross subsidy from power tariffs for industrial consumers, thereby bringing them down to 9 cents/kWh, at par with regional competitors, the All Pakistan Textile Mills Association is making an appeal for the urgent implementation of this measure. This is an essential…
Islamabad, January 19,2024: NEPRA has renewed the power distribution and supply licenses of K-Electric for a period of 20 years. This non-exclusive license renewal follows KE’s request for a non-exclusive license ahead of the liberalization of the power sector. KE’s previous 20-year license had reached its term in July 2023. Subsequently, NEPRA had provided KE…