Tuesday, December 23, 2025

Pakistan’s refinery crisis is a six billion dollar gamble on energy security

When good intentions meet fiscal reality, everything is not guaranteed to go right

What Maple Leaf’s $400 million acquisition of Pioneer means for the cement industry

Continuing the recent trend of consolidation in the cement sector, the transaction will establish a highwater mark for valuations

Pakistan’s large-scale manufacturing records 5.02% growth despite export decline

Automobile sector posts impressive 79% growth, while exports fall by 14.54% in FY2025-26

Industry disputes govt claims of recovery in manufacturing sector as factories shut, capacity declines

Major industry bodies say over 150 textile units and 100 spinning units have closed, factories run at 30-50% capacity despite 4.08% growth of large-scale manufacturing industry in Q1 FY26

Pakistan’s textile exports slip in November despite modest growth in 5MFY26

Textile and apparel exports rise 2.8% to $7.84bn in 5MFY26, but fall 2.7% YoY and 11.7% MoM in November; Knitwear exports fall 4.9%, bedwear 3.4%, towels 6.3% and cotton yarn 25.6% in November, while readymade garments rise 9.2%

Global coal demand hit record high this year but is set to decline by 2030, IEA says

Renewables, nuclear, and gas set to challenge coal dominance by 2030; India's coal use drops, US sees rise, China leads global consumption

SNGP to install 300,000 LNG connections this year

The gas utility struggles with declining domestic production and reduced demand from its power sector customers

Pakistan textile sector losing ground to regional rivals on costs, warns PTC

Council cites higher energy tariffs, taxes, financing costs and logistics gaps compared with India, China, Bangladesh and Vietnam 

Global garment safety accord moves to tackle heat stress as Pakistan, Bangladesh factories face rising climate risks

New protocol to recognise extreme heat as occupational hazard in textile units supplying global fashion brands

Report warns Karachi textile workers face dangerous heat exposure as factories lack cooling and safety measures

Climate Rights International investigation links heat stress, unpaid recovery and global brands’ suppliers

FBR notifies new procedures for secure movement of imported machinery to tribal industry

New procedure reinforces tracked movement of industrial inputs to tribal area units under Sales Tax Act concessions, with clearance through Azakhel Dry Port

Pakistan clears LNG diversion plan for 2026, allowing Qatar and ENI to reroute 35 cargoes

Government approves long-delayed annual delivery plan as declining gas demand prompts cargo diversions, cost savings and restored supply of cheaper local gas

Fashion giants accused of benefiting from unpaid, silenced garment workers across South Asia, says Amnesty International 

Two Amnesty International reports detail anti-union repression in Bangladesh, India, Pakistan and Sri Lanka, exposing widespread unpaid labour by mostly female garment workers

What happened to Hascol at the Sindh High Court?

A recent mistake by the execution branch of the Sindh High Court has brought the case of a debt owed by Hascol to MENA Energy back into the limelight. The details raise more questions than answers

Gul Ahmed Textile approves acquisition of industrial property in SITE Karachi 

Board authorises company executives to complete legal, regulatory and corporate formalities for the transaction