Economy

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
Top Stories

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
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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

Pakistan businesses warn oil nearing USD 100 could raise import bill, hurt exports
Business

Pakistan businesses warn oil nearing USD 100 could raise import bill, hurt exports

FPCCI President Atif Ikram Sheikh warns rising oil prices and Middle East tensions could raise Pakistan's import bill and squeeze exporters' competitiveness

Pakistan LNG gets no bids in third September spot tender
Markets

Pakistan LNG gets no bids in third September spot tender

PLL's tender for a Sept 12-16 cargo drew zero bids, after two earlier September tenders were scrapped over prices above USD 26 per MMBtu

Pakistan remittances rise 17% to USD 3.66bn in August
Pakistan

Pakistan remittances rise 17% to USD 3.66bn in August

Inflows reached USD 7.29bn in the first two months of FY27, up 15% from a year earlier, with Saudi Arabia remaining the largest source

Refining industry opposes another change to diesel pricing formula
Markets

Refining industry opposes another change to diesel pricing formula

Refiners warn frequent revisions to HSD pricing mechanism threaten USD 5-6 billion in planned investment

JazzWorld, VEON meet PTA chairman to discuss telecom investment, regulatory environment
Business

JazzWorld, VEON meet PTA chairman to discuss telecom investment, regulatory environment

VEON and JazzWorld leaders met Pakistan's PTA chief to discuss 5G rollout, service quality and the regulatory environment needed to sustain investment

ECC approves PKR 6.6bn for 30 bulletproof vehicles for 2027 SCO Summit
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ECC approves PKR 6.6bn for 30 bulletproof vehicles for 2027 SCO Summit

The committee approved half of the PKR 12.6bn sought by the Cabinet Division and asked it to justify any additional requirement

Indus Motor expects Pakistan auto sector growth to moderate in FY27
Markets

Indus Motor expects Pakistan auto sector growth to moderate in FY27

Toyota assembler says policy delays, new taxes and import competition could slow Pakistan's auto sector growth in FY27, despite rising sales and financing