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Articles for tag: added, boosting exports, competition, Export, exports of textile products, facilitation, global demand, government policies, industry, requires, supply chain, sustainable development, textile industry

December 22, 2024

News Desk

Value added industry requires export facilitation

Listen to the article LAHORE: The textile export industry has requested the government to give them top priority by providing maximum facility, which could help meet the export requirements. The government also needed to enact long-term and sustainable policies in consultation with genuine stakeholders to boost exports and increase foreign exchange earnings for the country, he said. Currently, the high cost of doing business has proved dangerous for the garment export industry, as ever-increasing gas and electricity tariffs pose the real threat to the economy amid high interest rates and constant exchange rate fluctuations. These views were expressed in an

PM to chair federal cabinet meeting today

ISLAMABAD: Prime Minister Shehbaz Sharif has summoned the federal cabinet meeting to be held today (Wednesday) in Islamabad. Prime Minister Shehbaz Sharif will preside over the federal cabinet meeting to be held at the Prime Minister’s office. The meeting will review law and order and the security situation in the country. According to sources, the cabinet will ratify the decisions taken in the Economic Coordination Committee (ECC) meeting.

PTI announces nationwide protest on Friday

ISLAMABAD: The PTI has announced a nationwide protest on Oct 18 at the district level, urging its supporters to gather in their respective areas. The decision came during a party’s political committee meeting, attended by key leaders. In a statement, the committee expressed its firm resolve to resist the government’s plans to amend the constitution. A call for widespread protests against constitutional amendments and the imprisonment of founding chairman Imran Khan was issued for Friday (tomorrow). The statement condemned the mistreatment of Imran Khan, currently imprisoned in Adiala Jail, and demanded the immediate restoration of his fundamental rights, as well

Constitutional amendment: NA and Senate sessions summoned for Oct 17

ISLAMABAD: The government has convened sessions of the National Assembly and the Senate on October 17 to seek approval for the proposed 26th constitutional amendment from both houses of Parliament. A summary has been sent to the Prime Minister Office by the Ministry of Parliamentary Affairs to summon the session of both houses of Parliament. Following the president’s approval, the National Assembly session will begin at 4pm, while the Senate session will commence at 3pm. Meanwhile, the final round of consultations among political parties regarding the 26th constitutional amendment has started, and an important meeting of the Parliamentary Special Committee

August 2, 2024

News Desk

Prime Minister Shehbaz promises the nation to reduce electricity prices in Pakistan

Listen to the article Prime Minister Shehbaz Sharif announced on Friday that reducing electricity prices was a top priority for the PML-N government and its allies. He emphasized that providing relief to electricity consumers was a key agenda for PML-N Chairman Muhammad Nawaz Sharif and his administration. Addressing a cabinet meeting, the Prime Minister emphasized the need to reduce electricity prices to boost Pakistan’s exports. He noted that both the agricultural and industrial sectors will find it difficult to expand without a reduction in electricity costs, stressing that competitiveness in industry is closely linked to lower energy prices. Sharif criticized

August 1, 2024

News Desk

Gohar Ejaz attacks power producers for charging billions without generating power

Former caretaker Commerce Minister Dr Gohar Ejaz criticized the Independent Power Producers (IPPs) for allegedly charging the government Rs 200 billion without generating a single unit of electricity. At a press conference in Islamabad, Dr Ejaz called for a forensic audit of these transactions and questioned the effectiveness of the country’s energy policies. According to Dr Ejaz, three power plants were paid a substantial amount of Rs 200 billion, despite producing zero units of electricity. He highlighted the frustration of the business community, which demands transparency and accountability in the energy sector. “The business community stands with the 240 million

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