Pakistan Industries News / Updates

Brought to you by the "economic experts" who mismanage Pakistan every time they come to power.

"khatai bhi hai magar banatai bhi hai", isn't that what Noonies were telling us when they cheered PMLN stealing the mandate?
 
Mashallah.. Tarraqi ki rah per gamzan hae mulk…. 💕💕💕💕💕
 
Pakistani middle class is basically dead, for example 3-4 years ago a alto costed 18-20 lakhs nowadays the same car costs nearly 33 lakhs meaning prices have doubled for what was considered the "Middle class car" That no actual middle class person can afford.
The current ruling elite have gutted the growing middle class to death, and destroyed the progress that was being made.

Pakistan is headed for a reckoning that I don't think the powers that be even realize is coming. Eventually, something is going to break, and we're going to see either elites getting dragged in the streets, or run away in panic...perhaps both.
 
Brought to you by the "economic experts" who mismanage Pakistan every time they come to power.

"khatai bhi hai magar banatai bhi hai", isn't that what Noonies were telling us when they cheered PMLN stealing the mandate?
I have heard this God knows how many time and I am still shocked by the fact that people don't feel any shame saying this, also what did they make? Did Nawazu fund these projects out of his own pocket? No bitch they built them using public money which they also eat, or half of The CPEC projects pmLUN has slapped Nawazu's face on like he was the one pouring asphalt on roads
 
@That_Guy

and destroyed the progress that was being made.

Which period are you referring to when progress was being made?

Regards
 
@That_Guy

and destroyed the progress that was being made.

Which period are you referring to when progress was being made?

Regards
Bro idk how people are still able to do what you’re doing….. you have to be at the bottom of worst mentally brainwashed people… or be paid the basic 18k monthly to do such stuff.. third possibility is drugs.. so stop doing that 🤣🤣🤣
 
If something is profitable, nobody sells it. The exiting company might have sold it for crumbs to Gulf companies. Politicians and other corrupt bureaucrats might be shareholders in these companies. Or Guld companies have special access in Pakistan for any problem, and side money to appease our corrupt leaders.

Anyway, if it is a good thing, the government should celebrate it.


celebrate like the price tomatoes ?
 
Being a former employee of AkzoNobel (formerly ICI) , let me assure you this has nothing to do with Pakistani government or economy.
AkzoNobel is facing set back globally.Their competitors like Nippon,PPG and Sherwin Williams are growing rapidly in both volumes and profit.
While AkzoNobel is almost stagnant in volume growth however they have some growth in profits by organizational restructure i.e downsizing.
Their initial plan was to terminate almost 2000 FTEs.
Now AkzoNobel is concluding its business from across the South Asia
They are already out of India ( sold out to JSW - only retained their Research Centre and Powder Coating Business)
In Pakistan, our Deco business had failed to grow due to tough competition from Local players and Nippon.
However in coatings, we were only second to Nippon

Now ,Packages Group ( IGI Holdings) is interested to acquire 100% shares of AkzoNobel Pakistan.
Interestingly - I know a scion of Packages group quite well.
 
@That_Guy

and destroyed the progress that was being made.

Which period are you referring to when progress was being made?

Regards
Multiple, but I'd point to the recent PTI era which saw the introduction of universal healthcare, spending on homeless shelters, job creation, construction, introducing anti-corruption reporting tools for the common folk, fixing Pakistan's economic base for the large part.
 
@That_Guy

With due respects sir, while PTI did some of the good things you mentioned, it also created the conditions which led to the debacle starting the summer of 2022. Export performance was purchased by subsidies to the textile industry which the exchequer couldn't absorb. Fuel prices were kept at levels which encouraged high imports and the 6% growth in FY 2022 was achieved by inordinately high CAD which bit the economy from June 2022 onwards. There was little reserve or resilience left to absorb the shock of the Ukraine War or the floods of 2022.

Regards
 
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This was revealed in the Monthly Economic Update and Outlook October 2025, released by the Finance Division here on Monday.

The report noted that Large-Scale Manufacturing (LSM) registered a growth of 4.4 percent during Jul-Aug FY2026 with 12 sectors recording positive growth, including wearing apparel, non-metallic mineral products, food, electrical equipment, automobile and tobacco.

In August 2025, LSM marginally grew by 0.5 percent on year-on-year (YoY) basis while on month-on-month (MoM) basis it declined by 2.7 percent.
 

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