Economy

Pakistan cement dispatches slip 0.7% as northern volumes fall
Markets

Pakistan cement dispatches slip 0.7% as northern volumes fall

Southern cement exports jumped nearly 40% in August, helping cushion a sharp decline in dispatches from Pakistan's northern mills.

Pioneer Cement approves merger into Maple Leaf Cement at 2.65-share swap ratio
Markets

Pioneer Cement approves merger into Maple Leaf Cement at 2.65-share swap ratio

Maple Leaf Cement will issue 136 million new shares to fully absorb Pioneer Cement, in a deal brokerages expect to be earnings accretive.

IMF's Georgieva warns global growth remains vulnerable despite stronger 2026 outlook
Research

IMF's Georgieva warns global growth remains vulnerable despite stronger 2026 outlook

IMF chief cites unfinished energy shock, record public debt and AI uncertainty as key risks facing the world economy

Pakistan could build USD 1 Bn fruit and vegetable export industry in three years, SE Fruits CFO says
Business

Pakistan could build USD 1 Bn fruit and vegetable export industry in three years, SE Fruits CFO says

SE Fruits and Vegetables, preparing for a proposed PSX listing, says better cold-chain and processing could sharply lift exports.

Pakistan OMC sales fall 3% in August, but FY27 volumes up 10%
Business

Pakistan OMC sales fall 3% in August, but FY27 volumes up 10%

Diesel demand dropped sharply in Pakistan's OMC sector in August, even as PSO grew its market share and Cnergyico posted the fastest growth.

Pakistan's inflation accelerates to 11.15% in August
Research

Pakistan's inflation accelerates to 11.15% in August

Onion prices jump 46% and transport costs surge 20% year-on-year, pushing CPI past Topline's forecast

FBR beats two-month tax target by PKR 12 Bn despite weak August collection
Top Stories

FBR beats two-month tax target by PKR 12 Bn despite weak August collection

FBR's revenue grew just 3.3% in July-August, far below the 17.4% pace needed to hit its PKR 15.263trn annual IMF target.

SBP's net FX intervention plunges 76% to USD 154 Mn in May
Business

SBP's net FX intervention plunges 76% to USD 154 Mn in May

Pakistan still met its FY2026 reserve goal even as dollar buying cooled, with a bigger USD 20.2bn target set for December.

Aurangzeb champions export-led growth as Pak EXIM signs key financing agreements
Business

Aurangzeb champions export-led growth as Pak EXIM signs key financing agreements

Finance Minister highlights Pakistan's fiscal turnaround while Pak EXIM inks reinsurance and SME risk-sharing deals worth billions

Pakistan inflation seen returning to double digits as food, fuel costs rise
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Pakistan inflation seen returning to double digits as food, fuel costs rise

Analysts see August inflation at 10.75-11.25%, driven by soaring onion prices and a sharp rise in fuel costs.

Telecom operators urge Pakistan to repeal rule favoring state-owned firms in contracts
Business

Telecom operators urge Pakistan to repeal rule favoring state-owned firms in contracts

Industry body says Clause 42(f) of procurement rules is crowding out private companies and stifling investment in IT, telecom and digital services

Pakistan likely to meet nearly all IMF targets ahead of September review
Latest

Pakistan likely to meet nearly all IMF targets ahead of September review

Reserves, spending and fiscal surplus are on track under the IMF programme, but a PKR 336bn tax shortfall remains unresolved.

Pakistan's five refineries set to sign $6 billion upgradation agreements
Markets

Pakistan's five refineries set to sign $6 billion upgradation agreements

Petroleum Minister Ali Pervaiz Malik says agreements under the Brownfield Refinery Upgradation Policy are expected to be signed early next month

State Bank of Pakistan's profit falls 20% in FY26
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State Bank of Pakistan's profit falls 20% in FY26

Lower interest earnings outweighed a turnaround in exchange gains, even as the bank transferred a record PKR 1.93 trillion to the government

Pakistan's refineries set for a profit surge on planned upgrades
Markets

Pakistan's refineries set for a profit surge on planned upgrades

Topline Research sees PRL and ATRL earnings soaring once brownfield expansions come online

Petroleum minister urges SSGCL board to strengthen sustainability, address governance challenges
Business

Petroleum minister urges SSGCL board to strengthen sustainability, address governance challenges

Ali Pervaiz Malik calls for a single fair gas price and a renewed push to cut losses as SSGCL reports a 57% reduction in unaccounted-for gas

PSX welcomes Tasdeeq as 11th listing of CY2026 amid record demand
Markets

PSX welcomes Tasdeeq as 11th listing of CY2026 amid record demand

South Asia's first publicly listed credit bureau saw its retail portion oversubscribed nearly 22 times over

Power Division uncovers coal procurement inefficiencies, moves to save PKR 380 million annually
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Power Division uncovers coal procurement inefficiencies, moves to save PKR 380 million annually

New "best available discount" rule aims to close pricing gaps in imported coal purchases across Pakistan's power plants

Pakistan receives $763 million in foreign economic assistance in July
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Pakistan receives $763 million in foreign economic assistance in July

Inflows rose 9% year-on-year, led by multilateral loans and the Naya Pakistan Certificate scheme

Pakistan launches rebate scheme to reward export growth
Top Stories

Pakistan launches rebate scheme to reward export growth

Exporters can earn up to 2% back on incremental exports, but must repay advances if annual growth falls short