Attock Refinery: cash-rich, policy-ready and poised for a once-in-a-generation upgrade
The fortress balance sheet gives the company a distinct advantage in pursuing the kind of capital expenditures that have eluded some of its competitors
Dewan Cement adds solar power to its energy mix
Company joins loud chorus of Pakistani industrial entities looking to set up their own solar energy generation capabilities
Pakistan’s power generation up by 2% YoY in June 2025 due to higher demand
June's power generation rise attributed to higher demand, lower tariffs, and increased grid consumption; cost of generation decreased by 9% YoY to PKR 7.87/KWh, staying below benchmark
Pakistan earns $17.88 billion from textile exports in FY2025
Knitwear, garments, and bedwear drive textile exports growth by 7.39%, but cotton products decline amid challenges in innovation and market diversification
Cotton arrivals plunge 32.64% in 2025-26 season, signaling challenges ahead
Sindh’s cotton production drops by 53%, while Punjab sees modest growth despite fewer arrivals
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