Press Release Pakistan Textile Council
Press ReleasePakistan Textile CouncilDate: December 31, 2024 Chairman PTC Expresses Concern Over Economic Growth and Industrial Contraction Islamabad: Chairman of the Pakistan Textile Council (PTC), Mr. Fawad Anwar, has voiced serious concerns regarding Pakistan’s economic performance in the first quarter of FY 2024-25. According to official data, the country recorded a meager growth rate of […]
Oh, Textiles! What business you are in?
Oh, Textiles! What business you are in? admin December 18, 2024 News Article Link: Business Recorder “A slow sort of country!” said the Queen. “Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice […]
PTC Chairman, Fawad Anwar, warns of serious economic disruption if gas cuts to CPPs implemented.
Gas cuts to CPPs will be disastrous admin November 8, 2024 News Article Link: Tribune KARACHI: Large and medium-sized industrialists have urgently called on the government to reconsider a recent decision to suspend gas supply to captive power plants (CPPs). They warn that this move could shut down over 1,300 factories, displace over three million […]
Halt to gas supply may prove catastrophic
Halt to gas supply may prove catastrophic admin November 6, 2024 News Article Link: Tribune Textile council urges govt to reconsider captive power plant strategy KARACHI: Pakistan Textile Council has urged the government to look into its captive power policy in more detail as the planned discontinuation of gas (indigenous and liquefied natural gas – […]
The Tallest Nail
The Tallest Nail admin October 30, 2024 Sustainability Initiatives Article Link: Business Recorder Sheikh Muhammad Iqbal To a hammer everything is a nail and IPPs are the tallest nails. Decades ago, when this scribe was a student of Botany, at the Government College, his ecology professor had noted “they imposed an engineering solution onto a […]
SOORTY RECEIVES SBTi VALIDATION
Soorty receives SBTi validation, commits to net zero by 2050 admin August 26, 2024 Sustainability Initiatives Responsible denim manufacturer, Soorty Enterprises claims to be the first organisation in Pakistan seeking to hit net-zero greenhouse gas emissions by 2050 with the Science-Based Targets initiative (SBTi) validating its near-term reduction targets. Soorty Enterprises (Soorty) has shared its […]
Interview with Shahzad Saleem, Chairman Nishat Chunian Group
Interview with Shahzad Saleem, Chairman Nishat Chunian Group admin July 30, 2024 News Article Link of Brecorder.com Businesses can never flourish under current restrictive measures Shahzad Saleem founded Nishat Chunian Limited (NCL) in 1990 after graduating from the Lahore University of Management Sciences (LUMS). From a single spinning unit, NCL is now amongst the top […]
An interview with Musadaq Zulqarnain, chairman Interloop Limited
An interview with Musadaq Zulqarnain, chairman Interloop Limited admin March 25, 2024 News Article Link of Brecorder.com ‘Pakistan set to lose export market share to India unless we get our act together’ Musadaq Zulqarnain is among the co-founders of Interloop Limited, Pakistan’s largest listed textile company by market capitalization. A business leader par excellence, Musadaq […]
The real economic performance of interim govt
The real economic performance of interim govt admin March 19, 2024 News Article Link of Brecorder.com As the new government takes the reins, we are well placed to examine the efforts and output of the interim government that enjoyed an unprecedented seven-month tenure. On the face of it, it would seem that the interim government […]
Why don’t businesses flourish in Pakistan?
Why don’t businesses flourish in Pakistan? admin October 31, 2023 Blog https://ptc.org.pk/wp-content/uploads/2023/10/WhatsApp-Video-2023-10-30-at-17.18.30_03a9ede2.mp4 “The way we are regulated even Bill Gates cannot become a CEO in Pakistan”, the Chairman, Pakistan Textile Council, PTC, Mr. Shahzad Saleem, said during a panel discussion at the Econ Fest, on October 29. He pinpointed that businesses cannot flourish if the […]