Pakistan Struggles to Export Sugar Surplus As Global Prices Plunge
Pakistan’s sugar industry is urging the government to reinstate export subsidies after a steep fall in global sugar prices has slowed shipments, adding to a domestic surplus just as...
Leading groups team up to set up LNG terminal at Port Qasim
KARACHI: Pakistan’s two leading groups have joined hands to set up a LNG terminal at Port Qasim which is expected to commence operations by early 2019, officials announced on...
MoU inked to strengthen Pakistan-Mauritius trade
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and Mauritius Chamber of Commerce and Industry (KCCI) have signed a memorandum of understanding (MoU) according to which both chambers...
Appeal against WTO ruling on EU duties on Pakistani PET
The European Union (EU) recently appealed to the appellate body of the World Trade Organisation (WTO) highlighting ‘some serious errors of law and legal interpretation’ in the report of...
Buyers consolidate long positions during trading at lint market
KARACHI: Buyers strengthened their long positions during trading session at lint market. Physical prices remained favourable for buyers to obtain their deals matured. Around 1,260 cotton bales changed hands...
Dow Chemical, EI du Pont de Nemours merger complete
DowDuPont has successfully completed the merger between Dow Chemical Company and EI du Pont de Nemours. The combined entity is operating as a holding company under the name DowDuPont...
‘Emergent steps needed to address dismal state of textile exports’
KARACHI: The All Pakistan Textile Mills Association (APTMA), commenting on the statement made by Commerce Secretary Muhammad Younus Dagha in the meeting held last week at Pakistan Hosiery Manufacturers...
7.1pc UFG allowance for gas companies proposed
ISLAMABAD: The independent consultants have finally suggested allowing up to 7.1 per cent unaccounted-for gas (UFG losses) allowance to gas utilities in the consumer tariff for the next five...
Archroma increases its stake in M Dohmen group to 75 pc
Archroma, leader in colour and specialty chemicals, has acquired an additional 26 per cent stake in M Dohmen, an international group specialising in production of textile dyes and chemicals...
US urged to include textile, leather in GSP scheme
KARACHI: Pakistan and the United States need to focus on improving bilateral relation particularly in areas of economy and trade as there exists a lot of scope and opportunities...