Readymade garments: Pakistan’s exports to rise as Bangladesh comes under fire
As Bangladesh’s textile industry comes under pressure to improve working conditions, Pakistani garment makers hope to see a rise in exports to global retailers, which increasingly focus on safe factories to place orders. more... (ET)
Corporate reshuffling: Government removes heads of gas utilities
The caretaker government has pressed on with its drive to remove heads of state-owned oil and gas companies, who were appointed by the previous PPP-led coalition government allegedly on political grounds. On Tuesday, the government terminated services of managing directors of gas utilities Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC).
Helping hand: Abu Dhabi Fund keen to assist Pakistan
The Abu Dhabi Fund for Development will support Pakistan Muslim League-N (PML-N) chief Mian Muhammad Nawaz Sharif in his efforts to revive the shattered economy and address the myriad of challenges confronting the country, said a senior official of the Fund here Tuesday. more... (ET)
Cement sector expected to close FY13 on strong note
Local cement dispatches will increase in the remaining two months of fiscal year 2013 (FY13) because of a seasonal pickup in cement demand, says AKD Research in a note issued on Tuesday. more... (ET)
Fertiliser sector to face more gas curtailment
The performance of fertiliser sector of the country might remain dull as diversion of gas from fertiliser plants to power sector is the only solution for the new government to reduce load shedding on urgent basis.
Overcoming energy crisis : PML-N plans to create Energy Ministry
The Pakistan Muslim League-Nawaz (PML-N) has ambitious plans to overcome the energy crisis in the country by creating an Energy Ministry, elimination of circular debt permanently and developing agriculture sector into a full fledged viable economic industry. more...(DT)
First half FED collection posts 2.9 percent negative growth
The collection from federal excise duty (FED) has registered a negative growth of 2.9 percent during first half of (2012-13), the net revenue stood at Rs 51.9 billion against Rs 53.5 billion during the corresponding period last year. more...(BR)