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
Pakistan to launch major energy investment plan, aims for 60% renewables by 2030
At SCO forum, Leghari outlines reforms, urges regional energy cooperation and trust-driven innovation
Pakistan’s energy intensity double that of regional peers, says World Bank
Report urges industrial energy efficiency to cut costs, emissions, and improve competitiveness
National Assembly approves Rs715.45 billion funding for energy sector
Power Division gets largest chunk of Rs636.9 billion for operational costs including Rs72.1 billion for external loans, and Rs2.39 billion for development spending; Petroleum Division receives Rs2.17 billion and Geological Survey of Pakistan Rs1.15 billion
NEPRA issues show cause notice to K-Electric over prolonged, unannounced load shedding
KE accused of carrying out load shedding at feeder level, in defiance of regulatory instructions
Nepra reduces national power purchase price by 3.77% to Rs25.98 per unit for FY 2025-26
Slashed price to lower consumer tariffs, with capacity charges accounting for 63% of cost