Factories Making Towels and Bedsheets Are Shutting in Pakistan

Workers supervise embroidery machines working on fabrics for wedding dresses at a small factory on the outskirts of Islamabad, Pakistan, on September 2, 2020. (AFP/File)
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Updated 03 October 2022

Factories Making Towels and Bedsheets Are Shutting in Pakistan

October 3: Bloomberg reported that Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped out its cotton crop.

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Ex-Pakistan Navy chief Saeed Khan passes away

Updated 05 December 2022

Ex-Pakistan Navy chief Saeed Khan passes away

December 5: Former Pakistan Navy chief Admiral Saeed Mohammad Khan passed away in Islamabad, BOL News reported Monday quoting Pakistan Navy spokesperson.

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PIA plane makes emergency landing at Karachi airport

Updated 05 December 2022

PIA plane makes emergency landing at Karachi airport

December 5: A Pakistan International Airlines (PIA) plane from Islamabad to Jeddah made emergency landing at Karachi’s Jinnah International Airport after developing a ‘technical fault’, ARY News reported on Sunday.

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PM to inaugurate refurbishment project of Mangla Dam units

Updated 05 December 2022

PM to inaugurate refurbishment project of Mangla Dam units

December 5: Prime Minister Shehbaz Sharif will visit Mangla Dam today (Monday) where he will inaugurate refurbishment and renovation project of the Mangla hydel power station, Dunya News reported Monday.

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Balochistan to get Rs2.6bn from Saindak project’s profit

Updated 05 December 2022

Balochistan to get Rs2.6bn from Saindak project’s profit

December 5: The Saindak Metals Limited (SML), tasked with mining copper and gold from the region, would pay Balochistan a share of around Rs2.6 billion from the project’s profit next week in view of the financial crisis being faced by the province, Dawn reported Monday.

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Pakistan seeks help from Bank of China to tackle economic crisis

Updated 30 November 2022

Pakistan seeks help from Bank of China to tackle economic crisis

November 30: GEO News reported in view of the prevailing economic crisis, Pakistan on Tuesday sought help from the Bank of China to restore economic stability in the country. Read more I