K-Electric’s Liabilities to Government Surge Over 50% Amid Tariff Disputes
K-Electric’s outstanding liabilities to government entities have risen sharply, increasing by more than 50 percent during the first half of the fiscal year. According to a recent regulatory filing, the company’s payables grew from Rs. 218 billion to Rs. 329 billion, highlighting ongoing financial and regulatory challenges in the power sector. The significant increase is […]
Sazgar Engineering Reports Strong Profit Growth in First Half of FY26
Sazgar Engineering Works Limited has reported a solid financial performance for the first six months of the fiscal year 2025–26, posting a strong increase in profit compared to the same period last year. The company announced that its net profit rose by 27.4 percent to Rs. 8.44 billion, up from Rs. 6.63 billion in the […]
Pakistan’s Maritime Sector Records Rs. 100 Billion Profit After Major Reforms
Pakistan’s maritime sector achieved a historic milestone in 2025 by posting a record profit of Rs. 100 billion, driven by long-overdue reforms and improved operational efficiency. The Ministry of Maritime Affairs said the strong performance reflects successful efforts to reduce costs, speed up port operations, and implement policies that had remained pending for years. According […]
Pakistan’s Seafood Exports to China Reach $255 Million as Demand Grows
Pakistan’s seafood exports to China showed strong growth in 2025, reaching nearly 255 million dollars, reflecting rising demand and a shift toward higher-value and processed products. Industry data shows that while frozen fish continued to be the largest export category, Pakistan also expanded its presence in processed and value-added seafood segments. Chinese demand increased across […]
Pakistan Turns to Diesel Imports as Aviation Fuel Demand Outpaces Local Production
Pakistan has been importing high-speed diesel (HSD) this financial year due to local refineries prioritizing diesel production over aviation fuel, which has higher national demand, industry sources said. Nearly 288,000 metric tonnes of HSD were imported in December alone the highest monthly volume this year even though December is not usually a peak demand period […]
OGDCL Receives Another Rs. 7.725 Billion from Circular Debt Settlement
Oil and Gas Development Company Limited (OGDCL) has received its seventh consecutive monthly interest payment from Power Holding (Private) Limited under the government’s Circular Debt Settlement Plan. The latest instalment of Rs. 7.725 billion brings the total interest recovered to around Rs. 54 billion. The payment is part of a government-approved plan to clear Rs. […]
SOCAR to Finalise Investment in Pakistan’s Oil and Gas Sector by February
The State Oil Company of the Republic of Azerbaijan (SOCAR) has announced plans to finalise its investment in Pakistan’s oil and gas sector in February, following a high-level business roundtable held on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos. The roundtable was chaired by Federal Minister for Finance and Revenue, […]
Pakistan Seeks 10-Year Extension on Iran Gas Pipeline Amid $18 Billion Arbitration Threat
Pakistan has asked Iran to grant a fresh 10-year extension until 2035 for the implementation of the long-delayed Iran-Pakistan gas pipeline, as the country faces a possible $18 billion penalty in international arbitration. According to reports, Islamabad has cited ongoing US sanctions on Iran as the main reason for its inability to complete its part […]