Category: Latest News

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and Economic Cooperation Organization Chamber of Commerce and Industry (ECO-CCI), has said that the member states of ECO region have reaffirmed their commitment to strengthening regional economic cooperation, transport connectivity, trade facilitation, tourism promotion, industrial collaboration, SME development and women entrepreneurship. Mr. Atif Ikram Sheikh expressed these views while addressing the meeting of Specialized Committees of ECO-CCI – which was chaired by the Secretary General of ECO-CCI and attended by representatives of all…

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Islamabad, Tuesday, 19 May 2026 Federal Minister for Petroleum Mr. Ali Pervaiz Malik welcomed the Ambassador of Japan to Pakistan H.E. Akamatsu Shuichi during his visit to the Geoscience Advance Research Laboratories (GARL) of the Geological Survey of Pakistan. The Minister highlighted the longstanding scientific cooperation between Pakistan and Japan in the field of geosciences and mineral research. During the visit, the Minister appreciated the valuable support extended by the Government of Japan and Japan International Cooperation Agency (JICA) in establishment and strengthening of GARL, describing it as a landmark…

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ISLAMABAD: Pakistan is looking to deepen cooperation with China in the clean energy sector, particularly under the Green Belt and Road Initiative, as part of efforts to accelerate its transition toward sustainable development, according to Minister of State for Climate Change Dr Shezra Mansab Ali Kharal. In an interview with China Global Television Network (CGTN), the minister said Pakistan views alignment with the Green Belt and Road Initiative as a pathway not only for development but also for achieving “high-quality and much-needed progress” in the country’s energy and environmental sectors.…

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ISLAMABAD: Experts at a high-level roundtable on Monday warned that the ongoing US-Iran conflict has triggered far-reaching geopolitical and economic shocks, urging Pakistan to urgently reset its energy, fiscal and strategic planning frameworks to cope with rising global uncertainty. The discussion took place at a roundtable titled “Dynamics of Iran Conflict: Implications and Choices”, organised by the Sustainable Development Policy Institute (SDPI), according to a press release. Speakers stressed that Pakistan must accelerate its transition toward renewable energy, strengthen economic resilience, diversify imports and adopt targeted social protection measures to…

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Pakistan’s reliance on coal-fired electricity generation has reached an all-time high after disruptions in regasified liquefied natural gas (RLNG) supplies pushed the power sector toward greater use of imported and local coal. According to data from the Central Power Purchasing Agency (CPPA), compiled by Topline Securities, coal-based generation accounted for 22% of Pakistan’s total electricity production during the first nine months of FY2026 — the highest level recorded in the country’s energy mix. The shift has been linked to a decline in RLNG-based power generation, following supply disruptions triggered by…

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