CHAIRMAN APTMA SINDH-BALOCHISTAN DEMANDS REDUCTION IN GAS TARIFF BY 35-40% FOR EXPORT ORIENTED TEXTILE INDUSTRY

Mr. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region has demanded the Prime Minister Imran Khan and the Economic Managers of the Government to reduce the indigenous gas tariff for the five export oriented sectors in line with major reduction in oil prices in the international market, to recover from the negative… Continue reading

APTMA DEMANDS SINDH GOVERNMENT TO ALLOW TEXTILE INDUSTRY DOWNSTREAM SUPPLY CHAIN TO RESUME OPERATION

Mr. Zahid Mazhar, Chairman, APTMA Sindh-Balochistan Region demanded the Government of Sindh to allow the entire textile value chain to restart their production activity without any further delay otherwise the textile industry of the province would not survive and lead to total closure and massive unemployment. In a statement issued… Continue reading

Siraj Teli demands ease in lockdown for small traders/shopkeepers from 15th Ramadan

KARACHI: While appreciating numerous measures adopted by Sindh Government since the imposition of lockdown from March 23 to prevent spread of coronavirus pandemic particularly the hard work by Chief Minister Syed Murad Ali Shah who has been personally monitoring all the virus-related activities and developments, devising relief strategies, frequently holding… Continue reading

Save Industries & protect worker’s jobs SAI appeals Govt to finalize COVID-19 prevention SOPs for industries

Karachi: President Site Association of Industry(SAI) Suleman Chawla, has appealed to the Sindh government to provide SOPs with immediate effect instead of shutting down industries as the industries are already facing severe financial crisis due to the lockdown in Pakistan and coronavirus outbreak in USA & European countries. In a… Continue reading

Byco Puts Its Refining Complex On “Cold Circulation”, Due To Lack Of POL Demand

Karachi: Byco Petroleum Pakistan Limited, Pakistan’s largest oil refinery by design and installed capacity, has been constrained to put its refinery on “cold circulation”, due to absence of demand for POL products. Consumption of POL products in the nation have fallen drastically subsequent to the announcement of lockdowns across provinces… Continue reading

CPHGC Supports the Fight Against Coronavirus

Karachi: China Power Hub Generation Company (Pvt.) Ltd. today donated 1000 kg of ready-to-spray disinfectant and 2000 face masks to the local Hub administration in support of its fight against the coronavirus. Additionally, the company will be distributing ration bags of essential supplies to the villagers in the vicinity. Mr…. Continue reading

SBP urged to strengthen rupee to retain positive impact of package

The Union of Small and Medium Enterprises (UNISAME) has urged the governor State Bank of Pakistan (SBP) Raza Baqir to take prompt steps to strengthen the rupee and take measures to stop rupee from depreciation so that positive impact of current good financial measures of government could be passed on… Continue reading

*PPMA announces all out support to campaign against Coronavirus outbreak in Pakistan*

The Pharmaceutical industry of Pakistan has said that as the foremost national duty it will do its best to ensure availability of essential medicines required in the country to deal with the Coronavirus health emergency but for this the industry required best of assistance from the relevant state and government… Continue reading

Coronavirus and steep fall in oil prices affecting economy

Karachi: President, Lasbela Chamber of Commerce and Industry (LCCI) has said that following the twin shocks of COVID-19 as pandemic and global oil price reduction, Pakistan’s export-driven strategy has signaled for immediate backing by the State Bank of Pakistan in the form of a policy-rate cut by as much as,… Continue reading

No grocery store or pharmacy to be closed in any circumstances, says CM Murad Ali Shah

KARACHI: In view of the coronavirus emergency, Sindh’s chief minister on Monday said his government will not order the closure of groceries, general stores or pharmacies in the province in any circumstances. Syed Murad Ali also advised the concerned citizens against panic buying because of the fear that shops may… Continue reading