Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Thursday reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. He stated this while talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice […]
MANUFACTURING
Pakistan’s electric fan industry seeks policy support to boost value-added exports
Representatives of Pakistan’s electric fan industry have called for targeted policy interventions to strengthen exports, improve value addition, and promote energy-efficient technologies during a meeting with Finance Minister Muhammad Aurangzeb. Read More: Electric fan industry seeks policy support to boost exports The discussion, held in Islamabad, brought together stakeholders from the Federation of Pakistan Chambers of Commerce and […]
Apple eyes 3D‑printed aluminum for future iPhones and Watches
Apple is taking a deeper dive into additive manufacturing, with plans to use 3D‑printed aluminum in future versions of its iconic devices. According to Bloomberg journalist Mark Gurman’s latest Power On newsletter, the company’s manufacturing design and operations teams are exploring ways to print aluminum components for future iPhone and Apple Watch models — a […]
Government signals new push to strengthen SMEs sector
The government is working to evolve new policies aimed at supporting small and medium enterprises (SMEs) to boost industrial output, reduce the trade deficit and generate employment, officials said on Monday. Read More: SAPM assures SMEs of support to unlock growth, jobs Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan said […]
Govt unveils first National Industrial Policy
ISLAMABAD: The government has presented Pakistan’s first-ever National Industrial Policy (NIP) to the federal cabinet for approval, detailing key constraints to industrial growth and proposing reforms aimed at revitalising the country’s manufacturing sector. However, the Ministry of Finance has asked the Ministry of Industries and Production to first obtain the International Monetary Fund’s (IMF) clearance […]
How Pakistan trapped itself in an economic deadlock
In every successful economy, one constant stands out: policy stability. Countries that progress economically — from Singapore to Germany — do so because their business environment is predictable, transparent, and efficient. Investors know that their capital is safe from political upheaval and arbitrary rule changes. In contrast, Pakistan’s economy has become a hostage to instability […]
China factory activity slows in July, hit by extreme weather
Chinese factory activity weakened in July to its lowest level since the start of the pandemic, data showed Saturday, as manufacturing was impacted by slowing demand, weak exports and extreme weather. The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity in the world’s second-largest economy, dropped to 50.4 in July from June’s 50.9, […]