Karachi: The chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has commended the government's decision to incorporate exchange companies into the Pakistan Remittance Initiative (PRI), predicting substantial econ...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »Gas and Petroleum Price Hike Threatens Pakistan’s Export Growth
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has raised concerns over the government's recent increase in gas and petroleum prices, warning that it will adversely affect the country...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
Read More »Pakistan to Showcase Textile Innovations at Heimtextil Frankfurt 2026
KARACHI: The Trade Development Authority of Pakistan (TDAP) is set to represent the country at Heimtextil Frankfurt 2026, the world's largest international trade fair for home and contract textiles. Scheduled from January 13-16, the event in Frankfurt...
Read More »EFS Violations Lead to Closure of Import Businesses in Karachi
Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has raised concerns over significant misuse of the Export Facilitation Scheme (EFS), which has reportedly caused a loss of Rs. 25 billion to the na...
Read More »Mari Energies Faces Decline in Sales Amid Exploration Successes
KARACHI: Mari Energies Ltd, a key player in Pakistan's energy sector, reported a 7% decline in net sales for the first nine months of fiscal year 2025, reaching PkR132.3 billion. The downturn is attributed to reduced production levels and decreased we...
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