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Skardu Times

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Economy

The rupee, the IMF, the budget, prices, power tariffs, trade and the businesses that employ the country.

Economy

LPG associations call nationwide strike from 16 November

Marketers reject a new pricing formula they say could raise LPG prices by 25 to 30 per cent, and give the government 15 days to accept their demands.

Economy

SECP marks 39,704 companies inactive over four years of missed filings

The regulator says the firms cannot open new bank accounts until they clear overdue returns; 1,102 of them are registered in Gilgit.

Economy

Ogra raises LPG price by Rs14.73 per kg for November

A domestic cylinder will cost Rs3,470.09 from 1 November, Rs173.86 more than October's Rs3,296.23, under the regulator's notification.

EconomySindh

World Bank approves $150m for Sindh property tax and municipal services

The Sindh Property Revenues Enhancement Program will back urban immovable property tax collection and the service delivery capacity of selected local councils, Karachi foremost.

EconomyPunjab

RDA paid senior officer Rs31,980 for medicines on 2022 prescription

Express News reported that the private hospital which wrote the prescription is not on the authority's approved list, and that internal audit cleared the bill.

Economy

FBR orders tyre makers to install output monitoring by November 30

Registered manufacturers must record production in real time and send the data to tax authorities, joining eleven sectors already under the regime.

Economy

FBR falls Rs156 billion short of October tax target

The board collected Rs975 billion against a target of Rs1,131 billion and expects late filings on the month's last day to recover about Rs40 billion.

Economy

SBP opens draft open banking rules to public feedback

The proposal would let customers share financial data with authorised third parties and start business payments, with safeguards on privacy and fraud.

EconomyPunjab

Maryam Nawaz launches Rs1,995.3bn Punjab export plan

The PIVOT plan for 2026-29 targets $6.8 billion in extra exports and 162,000 direct jobs, with Rs300 billion in concessional loans for industry.

EconomySindh

ABHI Microfinance Bank sets November 5-6 bidding for Rs3bn IPO

The Karachi-listed bank will sell 132 million shares at a floor price of Rs15, with retail subscription due on November 12 and 13.

Economy

FBR warns of fines up to 75 percent as tax return deadline nears

Returns filed by October 31 will be cross-checked against property and asset data using artificial intelligence, the bureau's sources told ARY News.

EconomyPunjab

Maryam Nawaz launches Rs1.99 trillion Punjab economic plan

The PIVOT plan for 2026-29 pairs Rs1,089 billion of public money with a Rs906 billion private investment target and offers Rs300 billion in cheap loans to industry.

Economy

Corporate debt issuance reaches Rs291bn in first nine months

Finance Division says Aurangzeb chaired the fourth Capital Market Development Council meeting, which reviewed a Rs100bn National Grid sukuk plan and listing reforms.

EconomySindh

FPCCI proposes joint halal standards as ASEAN envoys meet Sindh CM

Chamber says Pakistan exports under $1.5bn against imports above $10bn, while Murad Ali Shah offers ASEAN investors projects in agriculture, pharma and IT.

Economy

Government ends five-year age limit on used vehicle imports

The commerce ministry told FBR the cap no longer applies to commercial consignments cleared after June 30, and the 40 percent additional duty stays in place.

Economy

Pakistan, Saudi Arabia agree to expand oil, refinery and minerals cooperation

A Petroleum Division statement says the two sides will work together on storage, crude and LPG procurement, while Riyadh opens same-day visa processing in Islamabad.

Economy

Sazgar opens three-wheeler assembly plant in the Philippines

The Laguna facility is built to assemble about 12,000 electric and petrol rickshaws a year, President Ferdinand Marcos Jr said at its inauguration.

Economy

Hugo Boss to rejoin Pakistan Accord from January 2027

The German fashion group reverses its refusal to renew the legally binding factory safety pact, after unions called the exit completely unacceptable.

Economy

Weekly inflation slips 0.35pc as tomatoes, diesel climb

PBS puts the SPI at 373.51 points from 374.84 a week earlier, with tomatoes up 34.91 percent and year-on-year inflation at 11.32 percent.

Economy

ECC approves moving EDF funds to bank account for investment

The commerce ministry sought permission to put the fund's money into government securities after the export surcharge suspension cut off its main revenue source.

Economy

Pakistan offers Saudi firms tax-free oil storage under bonded policy

Petroleum Minister Ali Pervaiz Malik told the new Saudi ambassador that reserves held under the regime would carry no local tax liability.

Economy

PIA to add four aircraft, first to fly from November 1

Parliamentary secretary tells the National Assembly the second plane arrives on November 15, with two more due in January 2027 for Karachi routes.

Economy

Winter fuel costs may lift December-February electricity bills

Power Division sources tell two outlets fuel price adjustments could rise two to three times as hydropower output falls and LNG prices climb.

Economy

Pakistan drafts mobile policy targeting 50pc local value addition

Domestic content in handset manufacturing is currently estimated at 10 to 20 percent, and the ministry wants assemblers to move beyond basic assembly.

Economy

Winter plan would limit domestic gas supply to eight hours a day

The Petroleum Ministry has finished work on a schedule it will put to the prime minister, with SNGPL and SSGC to issue separate timetables for their regions.

Economy

LPG still sells at Rs550-600 a kilo as official price gap persists

The importers' association has warned of a further increase in November and slower supplies, with bowsers from the Taftan border now taking up to 12 days.

EconomyKhyber Pakhtunkhwa

Peshawar court grants NAB seven-day remand of Kohistan scandal accused

Muhammad Ayaz, brother of a former Dasu bank cashier accused of embezzling over Rs11 billion, was arrested after NAB alleged he held the assets in his own name.

Economy

NEPRA reserves verdict on Rs2.56 per unit tariff hike request

The regulator will rule on CPPA's plea to recover September's fuel cost gap, which it says would add Rs32.66 billion to consumer bills nationwide.

EconomySindh

Sindh to launch graduate internship scheme through iwork4Sindh

Sharjeel Inam Memon says the platform, which has recorded 5.3 million visits and 137,770 registered candidates, will also add market-focused physical skills courses.

EconomySindh

GIZ to back 300 Sindh SMEs on environmental compliance

Sindh environment secretary Faisal Ahmed Uqaili says SEPA will pair enforcement with guidance as the department digitises inspections, payments and NOC processing.