14 C
Islamabad
Tuesday, November 20, 2018
Home Business Industries

Industries

Return News is Pakistan's 1st industries, agriculture, business, industry, market and economy news aggregator. It brings Pakistan focused news from various national and international newspapers and news channels. For latest updates about economy and business landscape of Pakistan, please follow us.

LAHORE: In a bid to compete with global food giants, Haleeb Foods is engaged in efforts to reposition the company by focusing primarily on partnerships and modernisation. The company plans to initiate partnerships with European research and innovation centres to safeguard its future. The Pakistan-based food and beverages company is...
THE reversal of its earlier decision to subsidise gas for captive power, as part of a package to help five export industries cut their production costs, has dealt a severe blow to the fledgling Imran Khan government’s ‘credibility’ in the eyes of Punjab’s business community. The government had also announced...
KARACHI: Agriculture and textile sectors are likely to be the primary beneficiaries if Pakistan’s exports to China get doubled under the renewed discussions between the two countries, a brokerage said on Thursday. Currently, the bilateral trade is immensely tilting in favour of China with Pakistan’s exports much below than the...
LAHORE: Industry leaders were up in arms on Monday as one after another they all received gas bills as per the old tariff, in fact slightly higher, as opposed to the steep cuts in gas tariff that they had been promised by the government in September. “How were the gas...
LAHORE:  Pakistan is home to over 207 million people, an expanding workforce and a burgeoning small and medium enterprise (SME) sector. The SME sector plays a vital role in the economy of Pakistan by contributing an estimated 40% to the gross domestic product (GDP) and 25% to exports. SMEs can prove to...
ISLAMABAD: A UK-funded company is about to launch a new financing program dedicated to Pakistan’s small and medium enterprise (SME) sector that plays important role in the economic activities and jobs creation. “We are planning to come up with new program for promoting access to finance for SME sector in...
LAHORE: Chinese furniture manufacturers have expressed willingness to establish manufacturing units by forming joint ventures in Pakistan and at the same time Pakistani furniture outlets will be set up in different cities of China to promote bilateral trade. According to Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq, Pakistan and...
LAHORE: The textile industry wants Prime Minister Imran Khan to convince China’s leadership in his upcoming tour to set up a special credit line of $5 billion for fresh investments and joint ventures between the manufacturers of the two countries. In a recent paper by the All Pakistan Textile Mills...
KARACHI: The commerce ministry has prepared a proposal to include rice in the list of sectors under special incentives to promote exports and earn foreign exchange, said the ministry officials on Wednesday. The ministry will put up the proposal before Economic Coordination Committee (ECC) in the next meeting. Rice sector fetches...
KARACHI: The State Bank of Pakistan (SBP) has asked sugar mills to clear dues of cane growers and begin crushing from November to become eligible for exporting the commodity. Endorsing government’s decision to allow sugar exports, the central bank on Tuesday attached a number of conditions on exporters and advised...

Opinion

Economy

Daronomics and its aftershocks

The former Finance Minister Ishaq Dar has finally come out to share his side of the story on what went wrong with the economy....