Economy

Pakistan’s remittances rise 13% to USD 3.6 billion in September
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Pakistan’s remittances rise 13% to USD 3.6 billion in September

First-quarter inflows jump 14% to USD 10.9 billion, with Saudi Arabia remaining the largest source of overseas transfers.

Pakistan sets PKR 700 billion housing finance target
Pakistan

Pakistan sets PKR 700 billion housing finance target

Government aims to support 125,000 housing units as Shehbaz Sharif presses banks to speed up disbursements and expand SME and agricultural lending

PIA to lease two Boeing 787 Dreamliners from Norse Atlantic
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PIA to lease two Boeing 787 Dreamliners from Norse Atlantic

The aircraft are scheduled to enter flight operations for Pakistan’s national carrier in November 2026, as Norse expands its aircraft-leasing business.

Pakistan registers 5,241 new companies in September: SECP
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Pakistan registers 5,241 new companies in September: SECP

Total registered companies reached 317,002, with information technology leading new incorporations and Punjab recording the highest number of registrations

Oil industry seeks petrol pricing change as under-recovery may hit PKR 17per liter
Business

Oil industry seeks petrol pricing change as under-recovery may hit PKR 17per liter

OCAC says using historical import costs when PSO has no recent cargo can leave oil marketing companies unable to recover current procurement costs

SBP to roll out image-based cheque clearing from October 15
Business

SBP to roll out image-based cheque clearing from October 15

Pakistan Express Clearing System will replace physical movement of cheques, with nationwide coverage due by April 2027

Pakistan's financial inclusion index rises to 59.5 in 2025
Business

Pakistan's financial inclusion index rises to 59.5 in 2025

SBP says greater use of financial services drove the gain, supported by Raast's expansion and the launch of digital banks

China approves record share of panda bond proceeds for offshore use
Markets

China approves record share of panda bond proceeds for offshore use

Overseas borrowers have raised 115.5 billion yuan this year as low Chinese interest rates and easier cross-border rules expand yuan financing

FBR proposes livestock export scheme for imported animals
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FBR proposes livestock export scheme for imported animals

Draft rules would allow cattle, buffaloes, sheep and goats to enter under tax facilitation for re-export or production of meat and meat products for overseas markets

MSC restores direct Karachi-Europe shipping service
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MSC restores direct Karachi-Europe shipping service

Weekly service will connect Karachi with major European ports as exporters face longer transit times and higher freight costs from global shipping disruptions

FBR expands production monitoring to curb sales tax evasion
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FBR expands production monitoring to curb sales tax evasion

Four authorized vendors will support electronic monitoring across packaged tea, household electronics, paper, edible oil and ghee, and leather manufacturing

Pakistan accounts for 48% of region’s extreme poor: World Bank
Research

Pakistan accounts for 48% of region’s extreme poor: World Bank

Poverty increased after repeated economic and climate shocks, while higher fuel costs and regional disruption are putting further pressure on household incomes

Pakistan bonds draw USD 129.8 million from Gulf investors
Markets

Pakistan bonds draw USD 129.8 million from Gulf investors

PIB yields near 12.5% offer a wide nominal premium over Gulf benchmark rates, though currency and repatriation risks remain key constraints

IRSA approves 22% Rabi water shortage for Punjab, Sindh
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IRSA approves 22% Rabi water shortage for Punjab, Sindh

Regulator projects river inflows of 21.268 million acre-feet for Rabi 2026-27 as available water storage remains below anticipated levels

CCP clears Fatima Fertilizer’s Agritech share purchases
Markets

CCP clears Fatima Fertilizer’s Agritech share purchases

Regulator finds no substantial competition concerns after reviewing the fertilizer companies’ urea overlap; Fatima had already divested its entire Agritech stake

Thar coal switch could lift Lucky Electric dispatch, earnings: Arif Habib
Markets

Thar coal switch could lift Lucky Electric dispatch, earnings: Arif Habib

SECMC’s Phase III expansion could lower LEPCL’s generation cost, boost plant utilization and raise returns for investors in the power plant and coal mine

Pakistan spends PKR 61.3 billion on federal development projects in Q1
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Pakistan spends PKR 61.3 billion on federal development projects in Q1

Water Resources leads spending among ministries, while NHA and power projects account for PKR 17.47 billion in corporate outlays

ICMA urges Pakistan to diversify beyond record remittances
Research

ICMA urges Pakistan to diversify beyond record remittances

Institute says USD 41.59 billion in fiscal year 2025-26 inflows strengthened external stability but cannot substitute for exports, investment and broader foreign-exchange earnings

Pakistan, IMF enter final stage of talks for fifth tranche
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Pakistan, IMF enter final stage of talks for fifth tranche

Sources say negotiations could conclude by October 7 and pave the way for about USD 1.2 billion in financing, with no new taxes expected this fiscal year

Pakistan seafood exports rise 74.4% to USD 125.4 million in first quarter
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Pakistan seafood exports rise 74.4% to USD 125.4 million in first quarter

Shipments total 61,679 metric tons as government looks to build on new Russian market access and expand access to the European Union