Economy

FPCCI seeks industrial power tariff below 9 US cents per unit
Business

FPCCI seeks industrial power tariff below 9 US cents per unit

Business body says the current 12-cent rate and targeted incentives are temporary fixes, while proposed two-part pricing may fail to shift factories back to grid power

Pakistan rice output tops target by 11% as Rabi water shortage looms
Business

Pakistan rice output tops target by 11% as Rabi water shortage looms

Rice production is estimated at 10.18 million tons as Punjab and Sindh face an anticipated 22% irrigation shortfall during the winter cropping season

Pakistan FY27 growth to top 4% as privatization push targets USD 1 billion
Markets

Pakistan FY27 growth to top 4% as privatization push targets USD 1 billion

Aurangzeb says five or six transactions could proceed this fiscal year as Islamabad also pursues a USD 10 billion US exchange stabilization facility

Meezan Bank approves PKR 49 billion housing finance under Apna Ghar
Business

Meezan Bank approves PKR 49 billion housing finance under Apna Ghar

Bank says 6,880 applications have been approved, while 1,000 families had received PKR 7.34 billion in financing by September 30

Shariah-compliant securities reach 65.2% of PSX market cap
Markets

Shariah-compliant securities reach 65.2% of PSX market cap

Pakistan raised PKR 3.14 trillion through sovereign sukuk in FY26 as Islamic mutual funds outnumbered conventional funds for the first time, SECP says

FBR tax form lacks treaty-rate option for foreign income
Top Stories

FBR tax form lacks treaty-rate option for foreign income

Tax experts say the missing IRIS facility is preventing taxpayers from applying reduced rates available under double taxation treaties for tax year 2026

Cost of shipping US crude to Asia hits record USD 77 million per supertanker
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Cost of shipping US crude to Asia hits record USD 77 million per supertanker

Freight is up 737% from the 2025 average as the Iran war disrupts routes, adding about USD 38.50 to every barrel

Pakistan faces winter gas shortfall risk as LNG disruptions persist
Research

Pakistan faces winter gas shortfall risk as LNG disruptions persist

Uncertain Qatari deliveries, costly spot cargoes and limited scope to raise domestic production could force gas load management during peak winter demand

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
Top Stories

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