Economy

IMF Pakistan head, OICCI discuss Pakistan's economic outlook, Middle East conflict risks
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IMF Pakistan head, OICCI discuss Pakistan's economic outlook, Middle East conflict risks

Fund’s representative notes challenges for Pakistan despite economic stabilization

Pakistan top court lifts ban on converting residential plots for commercial use in Karachi
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Pakistan top court lifts ban on converting residential plots for commercial use in Karachi

FCC disposes of a long-running illegal construction case, withdraws earlier restrictions

Pakistan's fiscal deficit falls to 0.7% of GDP for the first time ever
Business

Pakistan's fiscal deficit falls to 0.7% of GDP for the first time ever

Pakistan posted its lowest-ever nine-month fiscal deficit alongside a 3.2% primary surplus

Why multinational corporations are leaving Pakistan
Pakistan Business

Why multinational corporations are leaving Pakistan

Major multinationals including P&G, Shell, and Microsoft have scaled back in Pakistan. Here's what's driving the exits and what the data shows about FDI.

SBP flags inflation spike and external risks amid middle east conflict
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SBP flags inflation spike and external risks amid middle east conflict

Despite short-term stability, SBP flags medium-term risks to growth, remittances, and fiscal balance

Pakistan proposes tighter tax rules for international NGOs
Business

Pakistan proposes tighter tax rules for international NGOs

FBR amendments would require embassy verification, security clearance, and expanded disclosure of foreign funding and ownership

Fitch revises oil forecast higher on prolonged Hormuz disruption
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Fitch revises oil forecast higher on prolonged Hormuz disruption

European gas prices expected to stay elevated as LNG flows face disruption

Pakistan to deregulate petroleum sector as Hormuz crisis exposes supply vulnerabilities
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Pakistan to deregulate petroleum sector as Hormuz crisis exposes supply vulnerabilities

Petroleum minister says every company should set its own prices and do its own procurement

Pakistan cancels spot LNG tender as first Qatari cargo in two months set to arrive
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Pakistan cancels spot LNG tender as first Qatari cargo in two months set to arrive

The tender for two spot cargoes of 140,000 cubic meters each was floated on May 9

LNG vessel from Qatar set to berth at Karachi after two months
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LNG vessel from Qatar set to berth at Karachi after two months

The carrier left Qatar on May 2 and transited the Strait of Hormuz, reportedly after Iran permission

Gwadar Port Authority pushes transshipment hub plans amid Strait of Hormuz crisis
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Gwadar Port Authority pushes transshipment hub plans amid Strait of Hormuz crisis

GPA chairman meets logistics, shipping companies in Karachi; discusses transshipment, feeder services

Russian pharma company to invest $80 million in Pakistan insulin manufacturing plant
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Russian pharma company to invest $80 million in Pakistan insulin manufacturing plant

The project being built with a local partner, is expected to complete by December 2031

Pakistan cuts Gwadar Port tariffs to attract global shipping and transit trade
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Pakistan cuts Gwadar Port tariffs to attract global shipping and transit trade

Tariff reductions aim to boost cargo traffic and position Gwadar as a regional trade hub

Pakistan worker remittances rise 11% in April to $3.54 billion
Business

Pakistan worker remittances rise 11% in April to $3.54 billion

Inflows from overseas Pakistanis reached USD 33.86 billion in the first 10 months of FY26

Global prices or tax: Who to blame for Pakistan's fuel hike?
Pakistan

Global prices or tax: Who to blame for Pakistan's fuel hike?

Analysts say the ex-refinery price of diesel nearly doubled since March 1, but government could have cut the tax to ease the burden

DHA Phase 8 Karachi property prices rise 25% as overseas investors return
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DHA Phase 8 Karachi property prices rise 25% as overseas investors return

Investment activity has jumped nearly 35% as local and overseas buyers shift focus from Dubai to Karachi

Pakistan to issue first Panda bond next week as minister hails economic recovery
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Pakistan to issue first Panda bond next week as minister hails economic recovery

Aurangzeb oil import bill increased by over $1 billion between March and April due to higher oil prices

Pakistan again floats tender for two spot LNG cargoes
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Pakistan again floats tender for two spot LNG cargoes

Criticism mounts as government returns to spot market two days after rejecting bids in a previous tender

Petroleum companies hail govt decision to cut captive gas levy by 60%
Business

Petroleum companies hail govt decision to cut captive gas levy by 60%

PEPPCA Secretary-General Ibrar Khan says the cut could revive industrial gas demand and improve energy sector cash flows

Progress on Iran-U.S. ceasefire to set PSX direction next week
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Progress on Iran-U.S. ceasefire to set PSX direction next week

The KSE-100 gained 8,122 points during the week ending May 9, settling at 171,116 points