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 […]
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 […]
SBP’s TERF: PTC says putting some ‘facts’ on record
SBP’s TERF: PTC says putting some ‘facts’ on record admin July 10, 2023 News KARACHI: In view of the recent news about the SBP’s now discontinued Temporary Economic Refinance Facility (TERF), Pakistan Textile Council believes it is pertinent to put some facts on record. The SBP had launched TERF as part of the Covid package […]
NCC — Get the ball rolling
NCC — Get the ball rolling admin June 22, 2023 News Textile is the mainstay of Pakistan exports, about 60% of the total in 2021-22. Pakistan’s share in global textile trade, however, has been declining. In order to protect and enhance it, apart from correcting macro factors, Pakistan needs to appreciate the importance of ensuring […]
Is textile a rent-seeking industry?
Is textile a rent-seeking industry? admin May 30, 2023 News KARACHI: Speakers at an hour-long panel discussion on the question of “Is textile a rent-seeking industry?” on Saturday could’ve simply said “no” and wrapped up the programme within a minute. But the like-minded panellists, including the owners of the two of the largest textile mills, […]