Business
Textile exports fall for second month
ISLAMABAD: Pakistan’s textile and clothing exports fell by 1.99 per cent in September, marking the second consecutive month of negative growth.
Official data shows that textile and clothing exports dropped to $1.57bn from $1.61bn in September 2024. This follows a sharper 7.34pc decline in August, reflecting ongoing challenges in the sector.
The drop in September extends the volatility seen in the textile industry, which had witnessed a sharp rebound of over 30pc in July, the first month of the current fiscal year. The contrast between the months underscores the fluctuating demand in global markets and persistent domestic issues affecting the sector.
Modest quarterly growth
For the first quarter of FY26 (July-September), textile and clothing exports saw a modest increase of 5.63pc, rising to $4.77bn compared to $4.52bn in the same period last year. The quarterly growth was supported by higher exports of yarn and made-up articles, though overall performance was weaker in September.
Oil imports decreased by 6.79pc during July-September FY26
The data also showed that while knitwear exports increased by 3.76pc in value, other categories such as bedwear, towels, and cotton cloth saw a decline. Bedwear exports fell by 0.92pc in value and 1.61pc in quantity, while towel exports decreased by 5.02pc in value. Cotton cloth exports saw a significant drop, falling 25.32pc in value and 20.56pc in quantity. The continued decline in value-added exports highlights concerns among industry stakeholders about the rising cost of doing business in Pakistan, which is affecting the sector’s competitiveness relative to regional markets.
Key performers
Yarn exports surged by 21.66pc in September, providing a rare positive highlight in the overall export performance. However, the export of raw cotton also showed a sharp rise, increasing by 100pc, suggesting that Pakistan may be facing supply constraints in key value-added segments. The export of synthetic fibres and textile machinery, however, saw notable increases, reflecting a growing demand for these items. Synthetic fibre imports rose by 55.94pc, while imports of synthetic and artificial silk yarn grew by 9.48pc.
Despite these positives, challenges persist. Textile players have repeatedly highlighted structural issues within the sector, including the delayed release of refunds and rebates, which have put pressure on exporters. As a result, the sector’s performance has remained static despite Pakistan’s $25bn installed textile capacity.
Oil imports fall
Pakistan’s oil import bill also showed a negative growth of 6.79pc in the first quarter of FY26, falling to $3.775bn from $4.049bn in the same period last year. The decline reflects weaker demand, particularly for petroleum products. Data shows a 3.08pc increase in the value of petroleum products, driven by a 14.75pc rise in quantity, suggesting a shift in the types of oil products being imported.
Crude oil imports saw a marginal decrease of 0.15pc, with a 9.92pc rise in quantity, indicating that local refineries are processing more crude oil despite the lower imports. On the other hand, imports of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) fell by 30.2pc and 2.04pc, respectively, reflecting reduced demand for energy products.
Implications on economy
The decline in both textile exports and oil imports offers a mixed picture of Pakistan’s economic performance. While the textile sector’s struggles reflect a global trend of shifting demand and domestic challenges, the drop in oil imports signals slower economic activity, with reduced capacity utilisation in local refineries and lower transportation needs.
Policymakers will need to address structural challenges in the textile sector, including high costs, delayed refunds, and competitiveness, to support future growth. Similarly, the decline in oil imports indicates that the broader economy may continue to face headwinds unless domestic consumption picks up.
Published in Dawn, October 16th, 2025
Business
PM Shehbaz announces reopening of new gas connections to domestic consumers
Prime Minister Shehbaz Sharif announced on Sunday the reopening of new gas connections after a ban of nearly four years, state broadcaster Radio Pakistan reported.
His announcement comes less than two months after the federal cabinet decided in September to lift the ban on domestic gas connections and supply regasified liquefied natural gas (RLNG).
Speaking about the cabinet’s decision in a post-meeting press conference, Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry, flanked by Petroleum Minister Ali Pervaiz Malik, had said PM Shehbaz decided to lift the ban on new gas connections imposed in 2021, addressing a longstanding public demand.
Addressing a ceremony related to the resumption of RLNG connections in Islamabad today, the premier reiterated that the government’s decision was in response to the “long-standing public demand”.
“In 2022, there was immense public pressure for [new] gas connections but the government was facing challenges,” Radio Pakistan quoted him as saying.
But, “with this landmark decision, the public will now be able to access affordable and quality fuel,” he added.
“Now, RLNG will be supplied throughout the country to a large number of applicants,” a report by state-run APP quoted him as saying.
According to the reports, a video message by Malik was also played during today’s ceremony, in which the petroleum minister said the government was committed to providing maximum facilities to the public.
He added that the Sui Northern Gas Company had brought down its line losses to 4.93 per cent while earning a profit of Rs29 billion in the previous fiscal year.
Business
Pakistan Engineering Development Board gets new chief
ISLAMABAD: After a gap of nine months, the government has appointed Hamad Ali Mansoor as the new chief executive officer (CEO) of the Engineering Development Board (EDB).
Mr Mansoor’s appointment, in the MP-I scale, is for a three-year term. The position had been vacant since January, and the recruitment process was initiated through an advertisement issued on Nov 17, 2024.
According to the Ministry of Industries and Production, a total of 248 applications were received. Thirty-three eligible candidates were shortlisted and interviewed by the selection committee in February. The committee recommended a panel of three candidates in order of merit: Hamad Ali Mansoor, Akhtar Ahmad Bughio and Shakeel Zahid.
Established in 1995, the EDB functions under the Ministry of Industries and Production to promote, facilitate and regulate the engineering sector in Pakistan.
Mr Mansoor holds an undergraduate degree in mechanical engineering and an MBA from the Schulich School of Business, York University, Toronto. He has over three decades of experience in industrial policy, manufacturing and infrastructure development, with a focus on renewable energy and sustainable growth.
Published in Dawn, October 26th, 2025
Business
PPP reaffirms commitment to farmers
ISLAMABAD: The PPP has reiterated its commitment to supporting the farming community and vowed to continue its struggle to end all injustices faced by the farmers.
“PPP remains committed to respecting, empowering, and reviving the agricultural sector for a prosperous Pakistan,” said the party’s Central Information Secretary Shazia Marri. She quoted PPP Chairman Bilawal Bhutto-Zardari as saying that no economy can be strong if its farmers are weak.
“Chairman Bilawal Bhutto-Zardari believes that strengthening the farmer means strengthening Pakistan itself,” Ms Marri said in a statement issued on Saturday.
Ms Marri said that Bilawal Bhutto-Zardari’s vision was clear — the true measure of progress lies in the prosperity of farmers. She recalled that during the PPP government, Pakistan had moved from wheat shortage to becoming a wheat-exporting country, owing to farmer-friendly policies.
She said that the PPP chairman had always stood by the farmers, advocating for timely procurement and fair prices.
Highlighting the impact of climate change, the PPP leader said that it posed a serious threat to every Pakistani farmer. She added that Bilawal Bhutto-Zardari emphasised the need for investment in sustainable and climate-resilient agriculture, envisioning a modern agricultural economy where small farmers could progress through technology and access to fair markets.
She said the PPP believed that insurance, credit access, and transparent governance were essential to protect farmers from the adverse effects of climate change.
Ms Marri appreciated the government’s decision to allow wheat procurement, terming it a longstanding demand of the PPP. She added that approving the support price for wheat was also a PPP demand; however, she noted that fixing the price at Rs4,000 instead of Rs3,500 per 40kg would have been more beneficial for farmers. She further said that reducing the income tax from 45 per cent to 15pc was an important relief measure for the farming community.
Published in Dawn, October 26th, 2025
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