Pakistan shifts away from LNG imports amid rising costs and energy strategy realignment: report
Petroleum Minister Ali Pervaiz Malik announces changes to energy strategy, highlighting a shift from LNG to local gas exploration in response to soaring prices and falling demand
Textile industry warns of export slump, rising costs, and factory closures
Pakistan Textile Council highlights Q1 FY26 exports down 3.83% to $7.61bn; September exports fall 11.7% amid energy, taxation, and policy challenges
Peshawar block set for revival as energy giants form joint venture
Hycarbex-American Energy, Mari Energies, and Fatima Petroleum team up; Minister Ali Pervaiz Malik pledges government’s full backing
Pakistan’s textile sector faces mounting challenges despite reduced Indian presence in US market
High production costs, tariff issues, and flood damage hamper textile exporters’ ability to capitalize on India’s declining market share in the US
Sapphire to merge two of its listed textile companies
The textile giant is making the move at a time of considerable stress within its industry
Din Textile Mills to expand stitching unit capacity, project to be completed by Dec 2025
Board of Directors approves expansion to double production capacity with more stitching machines
Declining production hits PPL’s bottom line
Net income fell 19% due to a combination of falling production and falling prices
Pakistan’s Artistic Milliners acquires majority stake in US-based Cone Denim
Acquisition expands Artistic Milliners’ global reach, while Pakistan-based operations remain independent; transaction set to close in Q1 2026
Zardari secures Shanghai Electric’s investment in Thar coal gasification project
President witnesses MoU signing for Pakistan’s first coal-to-fertiliser initiative during Shanghai visit
Federal government commits to flood relief and recovery efforts
Climate and agricultural emergencies declared to support affected populations
Shanghai Electric finally pulled the plug on K-Electric. What comes next?
The withdrawal of Shanghai Electric has been a foregone conclusion for at least two years now, but it still marks a dark moment in Pakistan’s business history
New industrial policy to be unveiled in coming weeks, aims to boost growth and exports, says SAPM
Policy includes power tariff reduction, green energy promotion, industrial revival, and SEZ one-window services
Govt plans industrial policy reforms to remove power cross-subsidy, protect investors
Policy includes unified insolvency law, tax refund measures, and safeguards against arbitrary regulatory interference
KP launches five-year plan to boost hydropower revenue and tackle energy challenges
Plan also outlines strategies for selling power from the province’s own resources and ongoing projects
Pakistan’s long-steel sector poised for gradual recovery due to govt support, post-flood reconstruction demand
Recovery expected to be driven by domestic demand, not exports or efficiency, potentially adding pressure to the external account