Economy

ECC approves refinery upgrade agreements, PKR 75 billion fuel relief scheme
Markets

ECC approves refinery upgrade agreements, PKR 75 billion fuel relief scheme

The committee also approves sugar exports, PNSC restructuring, oil marketing company claims and bulletproof vehicles for the 2027 SCO summit

SBP keeps policy rate unchanged at 11.5% as inflation risks rise
Top Stories

SBP keeps policy rate unchanged at 11.5% as inflation risks rise

The policy rate has remained at 11.5% since April’s 100-basis-point hike, with inflation now closing much of the gap, with August inflation at 11.1%

Pakistan cuts sales tax to 18% on qualifying locally made hybrids up to 2,000cc
Business

Pakistan cuts sales tax to 18% on qualifying locally made hybrids up to 2,000cc

Hybrid sales tax in Pakistan has been reset through a Table-II exemption, easing the burden on qualifying local models after earlier concessions expired

SBP policy rate: Most expect 11.5% hold as hike risk rises
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SBP policy rate: Most expect 11.5% hold as hike risk rises

Topline’s poll shows 84% expect no change, while Arif Habib assigns a 60%-65% chance of a 50bp hike as August inflation reaches 11.1%

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting
Research

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting

The institute says petroleum shocks can feed inflation for three to nine months and wants future rate cuts tied to easing core inflation and a stable rupee

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82
Markets

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82

Petrol price in Pakistan rose PKR 29.95 in a week as international benchmarks climbed, while levies stayed unchanged and the rupee was broadly steady

PSX: KSE-100 falls 2.75% in week as oil surge, US-Iran tensions weigh
Markets

PSX: KSE-100 falls 2.75% in week as oil surge, US-Iran tensions weigh

Benchmark index loses 4,817 points in a volatile week as oil tops $100, domestic fuel prices climb and investors turn to the IMF review and rate decision

US inflation holds at 3.4% in August as Fed rate hike bets rise
World

US inflation holds at 3.4% in August as Fed rate hike bets rise

Monthly CPI rose 0.4% as gasoline costs rebounded, while core inflation eased to 2.4% annually ahead of next week's Federal Reserve decision

Pakistan abolishes 60% of vacant federal posts under right-sizing plan
Business

Pakistan abolishes 60% of vacant federal posts under right-sizing plan

Posts vacant due to transfers, postings and promotions are excluded as federal departments revise rosters under Pakistan’s right-sizing drive.

Pakistan's weekly inflation rises 0.23%, driven by fuel prices
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Pakistan's weekly inflation rises 0.23%, driven by fuel prices

Petrol jumps 6.18% and diesel 5.49% week-on-week, even as several food items get cheaper

Global bond selloff pushes US 10-year yield toward 5% as oil surges past USD 100
Latest

Global bond selloff pushes US 10-year yield toward 5% as oil surges past USD 100

Rising inflation fears and expectations of further rate hikes hit bond markets from Tokyo to New York

SBP buys back PKR 585.36 billion in PIB floating rate buyback auction
Pakistan

SBP buys back PKR 585.36 billion in PIB floating rate buyback auction

Competitive bids topped PKR 1.3 trillion for the PIB floating rate buyback auction as Pakistan's early debt retirement push nears PKR 6.5 trillion

Pakistan receives first Qatari LNG cargo via Strait of Hormuz since July
Markets

Pakistan receives first Qatari LNG cargo via Strait of Hormuz since July

PLL's latest spot LNG tender drew zero bids even as a Qatari LNG cargo eased supply strain, with Pakistan's LNG imports down 30% on the year

Pakistan's foreign exchange reserves rise to USD 23.72 billion
Business

Pakistan's foreign exchange reserves rise to USD 23.72 billion

SBP reserves climb by USD 1.21 billion on commercial loan proceeds, with Eurobond inflows expected to add further boost

US Embassy highlights USD 10 billion in US-Pakistan trade at PUAN Economic Policy Challenge 2026
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US Embassy highlights USD 10 billion in US-Pakistan trade at PUAN Economic Policy Challenge 2026

Seventy-plus alumni from five countries pitched reforms on investment, energy and tax at PUAN's Economic Policy Challenge 2026 in Islamabad

PM Shehbaz approves draft of Pakistan's auto policy 2026-31, seeks changes
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PM Shehbaz approves draft of Pakistan's auto policy 2026-31, seeks changes

Pakistan's auto policy 2026-31 draft proposes EV tax breaks, cheaper local EV parts and an end to hybrid concessions, with IMF talks in October

IFC launches USD 700mn guarantee initiative to expand digital payments in emerging markets
Latest

IFC launches USD 700mn guarantee initiative to expand digital payments in emerging markets

New IFC programme could add USD 280bn in digital payments and reach 90 million more users, including 39 million women

JazzWorld CEO says AI transformation hinges on workforce reskilling
Business

JazzWorld CEO says AI transformation hinges on workforce reskilling

CEO Aamir Ibrahim says AI transformation depends on reskilling staff, as the company inducts 100 associates into its AI program

Transporters announce 10% fare increase after diesel price hike
Top Stories

Transporters announce 10% fare increase after diesel price hike

A 10% fare increase follows a PKR 18 rise in diesel prices over 17 days, as transporters press the government to implement their agreement fully

Pakistan offers full super tax exemption to export-heavy businesses
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Pakistan offers full super tax exemption to export-heavy businesses

Exporters with income above PKR 500 million get full super tax exemption if realized export proceeds exceed 80% of turnover