Pakistan Business

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting
Research

ICMA urges caution on rate cuts as inflation rises ahead of SBP meeting

The institute says petroleum shocks can feed inflation for three to nine months and wants future rate cuts tied to easing core inflation and a stable rupee

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82
Markets

Petrol price in Pakistan jumps nearly PKR 30 to PKR 375.82

Petrol price in Pakistan rose PKR 29.95 in a week as international benchmarks climbed, while levies stayed unchanged and the rupee was broadly steady

PSX: KSE-100 falls 2.75% in week as oil surge, US-Iran tensions weigh
Markets

PSX: KSE-100 falls 2.75% in week as oil surge, US-Iran tensions weigh

Benchmark index loses 4,817 points in a volatile week as oil tops $100, domestic fuel prices climb and investors turn to the IMF review and rate 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

Sindh High Court cancels Farrukh Amin Godil's protective bail in Unity Foods case
Markets

Sindh High Court cancels Farrukh Amin Godil's protective bail in Unity Foods case

FIA cleared to take key accused into custody as investigation into PKR 44 billion fraud continues

SE Fruits and Vegetable gets SECP nod, to be first PSX-listed produce exporter
Markets

SE Fruits and Vegetable gets SECP nod, to be first PSX-listed produce exporter

IPO could raise up to PKR 1.92 billion, with book building September 21-22 and public subscription September 28-29 on the PSX

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

PM Shehbaz approves draft of Pakistan's auto policy 2026-31, seeks changes
Top Stories

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

SECP proposes reforms to support REIT growth, long-term real estate investment
Markets

SECP proposes reforms to support REIT growth, long-term real estate investment

Proposed changes include a lower 65% income threshold, longer financing tenures and new access for group trusts and employee funds

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

Pakistan rupee expected to hold stable at PKR 278/USD through 2026 on stronger buffers, says Fitch unit BMI
Top Stories

Pakistan rupee expected to hold stable at PKR 278/USD through 2026 on stronger buffers, says Fitch unit BMI

An updated economic outlook by BMI (Fitch Solutions) forecasts the Pakistani rupee will maintain stability around PKR 278 per US dollar through 2026, supported by elevated interest rates, a $3 billion Eurobond issuance, and improved foreign-exchange reserves despite risks from high oil prices

Transporters announce 10% fare increase after diesel price hike
Top Stories

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
Top Stories

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

PM Shehbaz urges banks to expand lending to farmers, SMEs and homebuyers
Top Stories

PM Shehbaz urges banks to expand lending to farmers, SMEs and homebuyers

Sharif has urged banks to expand lending to farmers, SMEs and homebuyers, with government support for lenders who comply.

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