SSGC removes 1,506 illegal gas connections in Karachi as part of ongoing crackdown on theft

Out of the total, 1,109 illegal connections were removed in Karachi alone, with raids conducted across the city

Power Division opposes Rs170bn net hydel profit arrears burden on consumers, calls for delinking from electricity tariff

Along with the Sindh govt, Power Division also rejects proposal to transfer hydropower assets, including dam-based and run-of-the-river plants, to provincial control

Why did the Pakistani govt increase fuel prices, despite a drop in global oil price?

Recent fuel price hikes have left many scratching their heads as global pressures settle down

Pakistan’s cotton and yarn imports hit $4.24 billion, exceed domestic production

Textile industry cites tax-free imports, high domestic ginning taxes, and adverse weather as key factors behind rise in cotton and yarn imports

Power sector circular debt has reached its Rubicon

A nervous hush has fallen over policy circles as Pakistan's circular debt resolution approaches its defining moment

Pakistan’s textile exports fall 7.36% from FY22, despite 7.22% increase in FY25

Textile exports in FY25 reached $17.88 billion, showing a positive growth compared to FY24 but still lagging behind $19.3 billion recorded in FY22

FBR Launches AI-Powered Customs Clearance System to Boost Efficiency

New RMS aims to reduce human intervention and accelerate trade operations

Gul Ahmed profits dragged down by energy costs, declining US and UK sales

Company intends to spend the bulk of its free cash flow investing in increasing its own electricity generation

Mari profits rise on the back of increased production

New fields, and stable prices, have allowed the company to generate higher revenue and cash flow

Govt mulls lifting gas connection ban as LNG surplus strains supply chain

Over 3.5 million applications for new gas connections are pending with Sui companies, while LNG underutilization and the shift of industry to petroleum have also contributed to a gas surplus

World Bank reaffirms financial support for Tarbela Extension-5, calls for fund reallocation

World Bank urges WAPDA to monitor project progress and ensure timely completion of key phases by reallocation of $50 million from E&M component to civil works 

Pakistan’s domestic cement demand falls 3.05% in FY25, exports rise by 29.46%

Local cement sales declined to 37.017 million tonnes, while exports reached 9.204 million tonnes; APCMA urges govt to reduce duties on cement to push domestic demand

Nepra approves revised uniform tariff for FY 2025-26 amid industry concerns

New tariff set at Rs 31.59/kWh, a reduction from Rs 32.73/kWh; concerns raised over impact of tariff changes on industries and continued reliance on government relief

National Tariff Commission imposes 40.47% anti-dumping duty on Galvalume steel to protect local industry

Decision targets circumvention of anti-dumping duties and aims to support Pakistan’s steel manufacturers

Pakistan’s steel sector lacks energy efficiency monitoring system, hindering access to green financing, carbon credits: report

World Bank report identifies several barriers to sustainable development in the steel sector, with the communication gap between policymakers and industry stakeholders as a major challenge