Friday, January 2, 2026

Russia ready to assist Pakistan Steel Mills expansion

Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.

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

Textile exports rise 16% to $17.85 billion in 11 months of 2025, outlook for 2026 turns cautious

Industry flags tariff shifts, policy gaps and rising Chinese competition as key risks

Govt readies mobile manufacturing policy, seeks final stakeholder input

Draft policy targets higher localisation, exports and global supply chain integration

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

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

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

China to welcome Pakistan for collaboration in aerospace industry

BEIJING: China will welcome Pakistan for joint collaboration to find a prominent place in the global aerospace industry, officials said on Thursday. The two sides have...

Govt to facilitate local construction industries for economic revival

CAP requests planning minister to establish a Construction and Infrastructure Development Board  ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined that the...

How do petrol pumps make money?

After all of the hullabaloo surrounding the increase in margins, how does the petrol pump business model even work?

Pakistan Furniture Council signs three MoUs with Chinese companies

ISLAMABAD: Pakistan Furniture Council (PFC) on Monday inked three memorandums of understanding (MoUs) with Chinese companies for consultations in the furniture sector, transfer of modern...

CDNS unearths largest-ever ‘scam’ of Rs200 million

Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud

Waiving taxes, duties on cotton imports to cost Rs29 billion to national exchequer: Report

This is in addition to an Rs25 billion gas subsidy extended to five zero-rated export-focused industries of which textile titans are the biggest beneficiaries

Minister, industry advocate, media baron, philanthropist, or real estate tycoon — Who is Gohar Ejaz?

Gohar Ejaz wears many hats. But how did he become so important?

IESCO, FESCO, and GEPCO to be privatised in first phase, Senate body informed

Provinces show no interest; steps underway to clear Discos' balance sheets, transfer properties and shift shares from WAPDA to government, says Power Division Secretary