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Economy · Page 6

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

Economy

Pakistan, Turkmenistan ready to resume cargo and commercial flights

Ambassador-level statements reported by Turkmenportal and Trend say both countries are preparing to restore air links.

Economy

Pakistan pitches trade hub status at Baku investment forum

Federal Minister Abdul Aleem Khan told delegates that Karachi Port, Port Qasim and Gwadar Port remain operational and pitched Pakistan as a corridor to Central Asia and the South Caucasus.

Economy

Weekly inflation rises 0.99 percent, annual rate hits 11.92 percent

Pakistan Bureau of Statistics data shows electricity prices climbed 18.76 percent while tomatoes fell 13.45 percent during the third week of September.

Economy

Africa House Pakistan, Rwanda export board sign coffee trade MoU

The memorandum was signed at the headquarters of Rwanda's National Agricultural Export Development Board in Kigali and is the first of its kind between the two sides.

EconomyPunjab

PSW hosts women entrepreneurship mentorship session at LUMS

Pakistan Single Window brought women founders together with three industry leaders and a LUMS entrepreneurship professor for guidance on scaling businesses and digital trade.

Economy

PM Shehbaz courts US investors in New York talks

The prime minister told American business councils that Pakistan's economy has stabilised and invited investment in agriculture, IT, mining and ports.

Economy

PSO posts Rs15.07bn profit, fuel supply unbroken during Hormuz crisis

The state-owned company also reported a 20.5 percent rise in gross profit excluding LNG and higher market share in fuels.

Economy

SECP reports insurers settled over 1m claims in 2025

Life insurers paid Rs410 billion and non-life insurers about Rs138 billion, as total industry assets crossed Rs4.1 trillion.

Economy

easypaisa and Transsion announce app preload deal for 5 million phones

The partnership will place easypaisa on Infinix, TECNO and itel devices in Pakistan, aimed at bringing unbanked users into formal finance.

EconomySindh

Hunan Resources reopens Dhabeji factory after SIFC intervention

Company says plant in Thatta district, Sindh, had been shut since February, causing losses before council helped it restart.

Economy

Austerity drive to save Rs16.8 billion, finance secretary says

Finance Secretary Imdad Ullah Bosal told a National Assembly committee that most savings will come from cuts to official vehicle fuel and non-salary spending.

EconomyPunjab

PRA fines restaurants in four Punjab cities for tax fraud

Inspections found sales tax charged to customers but missing from official records, with notices issued to outlets not using the e-IMS invoice system.

EconomyPunjab

Excise department to collect sanitation fee in Punjab cities

Agreement with Suthra Punjab Authority adds cleaning fee to property tax from 2026-27.

Economy

Senate panel orders probe into telecom overcharging

A subcommittee headed by Senator Afnanullah Khan will examine whether Jazz charged customers Rs5.83 billion above PTA-approved tariffs and review the regulator's response.

Economy

Four refineries seal $5bn modernisation deals

Energy Update says the agreements aim to strengthen Pakistan’s energy security; EnergyNow reports a parallel Pakistan-Iran energy deal.

Economy

Stakeholders object to dollar returns on Faisalabad-Peshawar oil pipeline

Ogra hearing on FWO's petition for a 437km pipeline heard calls to rationalise incentives and avoid a new super IPP.

Economy

IMF seeks 174 legislative amendments from Pakistan

The amendments are tied to Pakistan's $7 billion Extended Fund Facility with the IMF, Business Recorder and The News reported.

Economy

Customs values raised on empty glass bottle imports

Valuation Ruling 2210 of 2026 lifts assessable values for perfume and cosmetic bottles from all origins, excluding pharmaceutical-grade glass.

Economy

Private sector debt retirement rises to Rs364.5bn in early fiscal year

State Bank data shows Rs364.5bn retired between July 1 and September 11 against Rs170bn last year, according to Dawn.

EconomySindh

K-Electric faces Rs65 billion liquidity gap amid tariff dispute

Banks have recalled Rs30 billion and a Rs35 billion Islamic financing facility has stalled, putting pressure on Karachi's power utility.

Economy

Government cuts petrol, diesel prices for third consecutive day

Petroleum Division sets petrol at Rs389.28 and high-speed diesel at Rs412.12 per litre for 25 September, with lower rates effective from midnight.

EconomyPunjab

Anti-corruption case filed against irrigation officials in Muzaffargarh

The Anti-Corruption Establishment registered the case over alleged denial of canal water to the Sardar Kora Khan Trust and water theft in Jatoi.

Economy

PSX loses over 1,700 points as caution returns

KSE-100 closed at 170,499 on Thursday after an early high of 172,491, with banks, cement and energy stocks leading the decline.

Economy

SMEDA increases outreach to women chambers across Pakistan

The authority said the move is part of efforts to promote women entrepreneurship and improve access to business support services, but gave no specifics.

Economy

NADRA revises identity document fees and announces IT jobs

New rates cover CRC, juvenile card, smart NIC, NICOP and POC, while deputy assistant director posts are open until October 4.

Economy

PSX climbs 830 points on US-Iran talks optimism

The benchmark KSE-100 closed at 172,232 as softer oil prices and an IMF mission arrival lifted investors, though oil price reports conflicted.

Economy

SBP reserves climb $11 million to $21.4 billion

The rise took the country's total liquid foreign reserves to $26.81 billion including commercial bank holdings, according to central bank data.

Economy

Farmers leader demands fair prices as wheat policy awaited

Pakistan Kisan Ittehad chairman Khalid Khokhar says Punjab has planted 16 percent more sugarcane and warns growers will reduce cultivation without government support.

Economy

Supreme Court denies DHA Islamabad tax exemption

A three-member bench ruled the housing authority does not meet the legal definition of a local authority under income tax law.

Economy

Transporters demand immediate Rs400 million motorway compensation

All Pakistan Goods Transport Owners Association says over 2,000 vehicles are detained across Islamabad and Punjab, and warns supply chains could halt.