Textile exports rise 10% to $9.09 billion in H1 FY25
APTMA calls for further reforms to sustain growth
D.M. Textile Mills shifts principal business line to real estateÂ
Company says it has successfully paid off its long-term liabilities to financial institutions; requests removal from PSX defaulter segment
Pakistan, Iran extend power sale agreement for Balochistan border areas with revised pricing
Electricity price set between 7.7 to 11.45 cents per kWh; agreement includes line loss-sharing mechanisms
Russia, Central Asia eye Pakistani ports for trade, says Minister for Maritime Affairs
Pakistan’s maritime sector sees 25% profit growth; plans underway for $1.33 billion in port investments
NEPRA report highlights power sector crisis, urgent reforms essential
Inefficiencies in generation, transmission, and governance cited as key challenges.
OGRA’s gas price hike approval might make a small dent in the gas circular debt
Sui companies expected to be able to reduce their massive piles of receivables and payables, improving liquidity throughout the energy supply chain
Kuwait’s petroleum exploration firm begins withdrawal from Pakistan
KUFPEC sells its assets worth $60 million in several blocks to Pakistan Exploration Limited (PEL) to reinvest in other countries
Topline calls the top on the sharp rise in Mari Petroleum’s stock
Star analyst Sunny Kumar says the market has gotten ahead of all known information, and expects the stock to have a 20% downside from current levels
Pakistan’s textile exports rise 10.5% to $7.61bn in first five months of FY25
Ready-made garments and knitwear lead export growth; yarn exports dip sharply
Pakistan’s large-scale manufacturing contracts 0.64% in first four months of FY24
Industrial output sees three consecutive months of decline since August
Textile units may need NOC for subsidies over unpaid cotton cess
PCCC explores recovery mechanisms and plans a National Cotton Conference for sustainable sector growth.
ADB approves $200mn loan to modernise power distribution infrastructure in PakistanÂ
At least 332,000 advanced metering and data management systems and 15,800 online transformer performance monitors will be installed in LESCO, MEPCO, and SEPCO
K-Electric attracts lowest bids for 150 MW solar projectsÂ
Nepra praises the Karachi-based power utility for its integration of sustainable energy into the power generation mix
Power sector losses exceed Rs660 billion in FY24 as inefficiencies rise
Transmission and distribution leakages alone accounted for an estimated Rs281 billion of the total losses
84 Pakistani textile mills blacklisted by ICA for defaulting on cotton deals
Mills banned from international cotton markets; Crescent Fibres, Mausummery Lawn, Din Industries among banned factories