Qatar Supply Halt Threatens Pakistan With Complete Gas Shortage Post-April 14
Pakistan is heading toward a serious gas crisis as LNG imports get badly hit by the ongoing war in the Middle East. Officials told the Senate Standing Committee on Petroleum that supplies from Qatar, Pakistan’s main LNG source, have stopped because of the conflict disrupting shipping through the Strait of Hormuz and closing key facilities. […]
Pakistan Edges Closer to 5G Era as PTA Prepares Licence Distribution
Pakistan’s telecom regulator, the Pakistan Telecommunication Authority (PTA), has confirmed that 5G licences will be handed out to mobile companies later this week. This comes right after the recent 5G spectrum auction wrapped up in early March 2026. The auction happened on March 10, with an assignment stage on March 12, where the main operators, […]
PIA Accumulated Rs 500 Billion Losses Over 10 Years
Pakistan International Airlines (PIA), the national carrier of Pakistan, has faced huge financial troubles for years. Reports show that between 2015 and 2024, PIA piled up around Rs 500 billion in losses. That works out to an average of about Rs 4.1 billion every month during those ten years. These massive losses came from a […]
AkzoNobel Plans Exit from Pakistan, Local Paint Industry Faces Uncertainty
AkzoNobel, one of the world’s largest paint and coatings companies, is planning to exit the Pakistani market. The move has raised concerns about the future of the paint industry in Pakistan and what it could mean for competition in the sector. The Dutch company has been operating in Pakistan for many years through its local […]
CCP Urges Major Overhaul to Revive Pakistan’s Civil Aviation Industry
Pakistan’s civil aviation sector is facing serious challenges and needs a complete long-term plan to improve, according to the Competition Commission of Pakistan (CCP). In a recent report, the CCP said high ticket prices, few airlines, and outdated rules have stopped the industry from growing properly. The commission pointed out that air travel in Pakistan […]
Hope for Pakistan Railways: Private Sector Steps In for Freight
Private companies in Pakistan are showing strong interest in taking over freight operations on Pakistan Railways. Business leaders say the railway freight business has been losing money for many years because of old systems and poor management. Now they believe private firms can bring better planning, modern equipment, and faster service to move goods across […]
Mega Boost for Pakistan! BYD EV Plant at Port Qasim Almost Done
Pakistan is preparing to enter a new phase in its automobile industry as a major electric vehicle manufacturing plant nears completion at Port Qasim. The facility is being developed by Mega Motor Company in partnership with Chinese electric vehicle giant BYD. The plant is expected to begin operations around 2026 and will assemble electric cars […]
Pakistan Requests IMF to Suspend Petroleum Levy Amid Rising Fuel Costs
The government of Pakistan has asked the International Monetary Fund to consider suspending the petroleum carbon levy as fuel prices continue to rise in global markets. The request comes during a period of economic pressure and higher energy import costs. According to Petroleum Minister Ali Pervaiz Malik, Prime Minister Shehbaz Sharif has directed the finance […]