Government Reconsiders Cap on Solar Energy Production for Export-Oriented Industries The Pakistani government, through its Minister for Commerce, Jam Kamal Khan, has announced a significant move that could reshape the landscape for export-oriented industries, particularly in the sports goods sector. During a virtual meeting with the Sectoral Council for Sports Goods, the minister assured industry representatives of the government’s unwavering …
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Federal Government to Close Utility Stores Corporation Amid Efforts to Exit Non-Essential Businesses
The federal government has decided to shut down the Utility Stores Corporation (USC) as part of its efforts to withdraw from non-essential business operations. This decision was disclosed by the Secretary of Industries & Production during a meeting of the Senate Standing Committee on Industries and Production on Friday. The announcement came in response to an inquiry from Senator Saifullah …
Read More »Pakistan’s Maritime Sector: Major Investment from Maersk and Government Initiatives
Introduction In a significant development for Pakistan’s maritime sector, Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced plans to travel to Denmark this month to finalize a Memorandum of Understanding (MoU) with Maersk, one of Europe’s leading shipping companies. The agreement, which is set to see Maersk invest $2 billion, aims to transform Karachi into a major transshipment …
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