Economy

Pakistan cuts petrol price to PKR 330; diesel unchanged at PKR 360
Markets

Pakistan cuts petrol price to PKR 330; diesel unchanged at PKR 360

Petrol falls PKR 2 per litre to PKR 330 from Saturday as Brent and WTI head for a second weekly decline amid softer US demand and risks to Gulf oil shipments

Pakistan's Q1 fiscal surplus falls 40% to PKR 1.274 trillion
Business

Pakistan's Q1 fiscal surplus falls 40% to PKR 1.274 trillion

Lower State Bank profit transfers and higher interest and development spending narrowed the surplus, even as tax revenues rose during July-September

Nishat Group expresses interest in investing in Pakistan’s proposed new port
Business

Nishat Group expresses interest in investing in Pakistan’s proposed new port

Mian Muhammad Mansha discusses investment opportunities with Maritime Affairs Minister Junaid Anwar Chaudhry as government seeks private-sector participation in port infrastructure.

PSO, Kuwait Petroleum agree on bonded storage for fuel trade
Markets

PSO, Kuwait Petroleum agree on bonded storage for fuel trade

Diesel and jet fuel supplies from Kuwait will continue as both companies explore other petroleum products and investments in gas, refining and shipping

SBP raises cash transaction reporting threshold to PKR 3 million
Top Stories

SBP raises cash transaction reporting threshold to PKR 3 million

State Bank raises the cash transaction reporting threshold by 50%, suspicious transaction reporting remains mandatory for banks

Mari Energies announces copper-gold discovery in Chagai, 50 km away from Reko Diq
Business

Mari Energies announces copper-gold discovery in Chagai, 50 km away from Reko Diq

Drilling at East Siah Diq found porphyry copper mineralization across 1.4 square kilometers, but scale and economics are yet to be established

SSGC seeks PKR 366.75 gas price hike, SNGPL PKR 10.40
Business

SSGC seeks PKR 366.75 gas price hike, SNGPL PKR 10.40

Both utilities want revised rates backdated to July 1, 2026; SNGPL cites winter LNG costs, with OGRA hearings to follow before any determination

Pakistan LNG reissues tender for December, January cargoes
Markets

Pakistan LNG reissues tender for December, January cargoes

Pakistan LNG tender seeks December and January deliveries after earlier offers reached USD 31 per MMBtu, as the country prepares for winter gas needs

Punjab cement makers could see 18% earnings boost from royalty relief
Markets

Punjab cement makers could see 18% earnings boost from royalty relief

Federal Constitutional Court reserves judgment on Punjab's limestone royalty calculation, with a ruling expected next week

Pakistan’s outstanding government Sukuk portfolio crosses PKR 10 trillion
Business

Pakistan’s outstanding government Sukuk portfolio crosses PKR 10 trillion

The government issued PKR 4.18 trillion in Sukuk in the first 10 months of 2026, more than double the amount issued in all of 2025.

Sugar millers delay crushing, seek approval to export another 1 million MT
Markets

Sugar millers delay crushing, seek approval to export another 1 million MT

PSMA cites 1.1 million tonnes of surplus sugar and presses for additional export permission and industry deregulation

Ahsan Iqbal calls population growth a national emergency
Top Stories

Ahsan Iqbal calls population growth a national emergency

Planning minister warns rapid population growth could strain resources and urges NFC reforms to reward provinces for managing it

KCCI urges major chambers to unite over business issues
Top Stories

KCCI urges major chambers to unite over business issues

Karachi Chamber proposes monthly meetings of major trade bodies as businesses raise concerns over financing, regulations and the Torkham border closure

Pakistan spends just 10.4% of development budget in four months
Top Stories

Pakistan spends just 10.4% of development budget in four months

Federal development spending reaches only PKR 103.88 billion against a PKR 1 trillion allocation despite PKR 412.29 billion being authorized

Pakistan petrol price falls nearly PKR 40 per liter as global oil prices decline
Markets

Pakistan petrol price falls nearly PKR 40 per liter as global oil prices decline

Petrol becomes 10.6% cheaper and diesel falls 7.9% since October 31 as easing US-Iran tensions push international crude prices lower

FBR offers late filers PKR 25,000 waiver with property restriction
Business

FBR offers late filers PKR 25,000 waiver with property restriction

Individuals can join the Active Taxpayer List without paying the surcharge by undertaking not to acquire property for six months

Sukuk liquidity stabilizes but remains below pre-Iran war levels: Fitch
Markets

Sukuk liquidity stabilizes but remains below pre-Iran war levels: Fitch

Investment-grade sukuk remain more liquid than lower-rated instruments, with market conditions varying across countries, sectors and currencies

Pakistan drops minimum price in fresh sugar export tender
Markets

Pakistan drops minimum price in fresh sugar export tender

TCP seeks international buyers for approximately 108,000 metric tons of surplus sugar after an earlier tender with a USD 660-per-ton minimum price attracted no bids

Pakistan's remittances rise 14% to USD 14.77Bn in July-October
Pakistan Business

Pakistan's remittances rise 14% to USD 14.77Bn in July-October

October inflows reach USD 3.89 billion, up 14% year over year, with Saudi Arabia remaining the largest source

Bitcoin shows resilience after USD 6.3 billion Binance hack: Fitch
Markets

Bitcoin shows resilience after USD 6.3 billion Binance hack: Fitch

Cryptocurrency falls 6% following major theft, a smaller decline than in previous crises, as Fitch sees signs of improving market liquidity