Section
Economy · Page 7
The rupee, the IMF, the budget, prices, power tariffs, trade and the businesses that employ the country.
Pakistan receives $4.1bn under IMF programme, misses key targets
Mettis Global reports the disbursement but says Pakistan fell short on some programme conditions, without naming the facility or the missed targets.
CCP approves UAE firm's stake in Masood Textile Mills
Velora Global Ventures is buying shares from two Chinese companies under a share purchase agreement.
FBR notifies new tax rules for social media earnings
The rules target Pakistanis living abroad and others earning through user interactions in Pakistan, at a five percent rate introduced in the budget.
Karachi IT Park to create 15,000 jobs
The $186.7 million facility near Jinnah Airport is under construction and projected to generate $100 million in ICT exports.
PM invites US-based Pakistani business leaders to invest in Pakistan
Prime Minister Shehbaz Sharif made the appeal during meetings in New York with delegations from IT, artificial intelligence, automobiles, energy and construction, the Associated Press of Pakistan reported.
KSE-100 opens lower, sheds over 300 points at PSX
Profit-taking hit automobile, cement, bank and energy stocks a day after the index gained 830 points.
IMF chief says continued reforms will lift Pakistan growth
The International Monetary Fund's managing director made the remark in a statement reported by Radio Pakistan and The Nation.
MG begins customer deliveries of locally assembled ZS from Lahore plant
The ceremony marks the start of local production of the compact SUV, with three variants offered and first units dispatched by end-September.
ITCN Asia 2026 opens in Karachi with 75,000 trade visitors
The three-day exhibition includes global participants from China to Switzerland and covers artificial intelligence, cybersecurity and fintech.
Pakistan seeks US EXIM financing for PIA aircraft, refineries
Finance Minister Muhammad Aurangzeb raised the request with US Export-Import Bank Chair John Jovanovich during UN General Assembly meetings in New York.
Car imports rise 36 percent in July-August, PBS data shows
Auto parts makers warn used car arrivals under the gift scheme are still hurting local industry despite the baggage scheme ban.
Pakistan receives second Qatari LNG cargo this month
The Shandong Redwood berthed at the PGPL terminal on Wednesday, bringing temporary relief to a power sector strained by domestic gas disruptions.
NAB probes Rs30bn irregularities in KP cities project
A NAB call-up notice summons a director of the Turkish joint ventures and warns failure to appear could bring up to ten years in prison.
Mango growers along Chenab belt face replanting challenge after 2025 floods
The Associated Press of Pakistan reports that floods destroyed large numbers of mango trees across a 380-kilometre riverine belt from Chiniot to Head Panjnad, threatening future production.
Only two new retailers enter tax net under fixed scheme
The federal scheme aimed at bringing small shopkeepers into the tax system has collected Rs26 million against a Rs50 billion annual target, official data shows.
FIA flags 27 firms in Rs1.12tr tax exemption probe
Senate panel questions the investigation after FIA says it cannot locate the firms, seeks report within a month.
Punjab tax authority registers 35,000 new businesses
Chairman Moazzam Iqbal Sipra says firms with monthly sales up to Rs500,000 will be linked to the Electronic Invoice Monitoring System.
Punjab launches fourth Green Tractor phase, opens fifth portal
The programme will distribute 19,500 subsidised tractors to farmers in the current fiscal year through digital balloting and a new application round.
Saudi crude shipments to Pakistan resume via Red Sea
The restart of a key pipeline after drone attacks has eased fuel shortage fears as Pakistan relies on imported energy.
Fish exports rise 3.23 percent in first two months of FY27
Pakistan shipped 24,662 metric tons of fish and fish products worth $47.791 million in July-August, up from 22,433 metric tons a year earlier.
FBR introduces special tax mechanism for social media earners
The rules set expense deduction limits, quarterly advance tax, and a separate income declaration for resident individuals earning from platforms.
PM says economy moving to recovery, army chief vows to end terror
Prime Minister says Pakistan is transitioning from stabilization to recovery and will sustain reforms, while the army chief has reaffirmed resolve to stamp out terrorism.
IMF chief says reforms helped Pakistan regain market access
Kristalina Georgieva met Prime Minister Shehbaz Sharif at the UN General Assembly and credited reform implementation for stability and confidence.
PM Shehbaz says debt repayments squeeze developing world
He told a UN session on the Right to Development that climate disasters and debt servicing are reversing progress and called for international support.
K-Electric Weighs Legal Options After NEPRA Tribunal Dismisses Appeals
The utility says the verbal ruling against its multi-year tariff framework is financially unsustainable, but no written order has been issued yet.
Qaiser Sheikh urges investment, SME support for growth
Federal minister addresses Korangi industrialists; KATI president calls for joint charter of demands.
Sindh and ADB agree to enhance cooperation
Pakistan and Hungary have separately agreed to expand cooperation across multiple sectors, according to Mettis Global, while Radio Pakistan reported the Sindh-ADB agreement.
FBR to tax earnings from YouTube, TikTok, influencers
The move clarifies that existing tax law already covers digital content earnings and establishes a dedicated procedure for their assessment and collection.
Food exports rise 7.68pc in July-August, imports slow
Rice shipments drove the rebound as food imports grew only 2.23 per cent, according to Pakistan Bureau of Statistics data.
Punjab Revenue Authority acts against restaurants over fake tax receipts
Fines and notices follow findings that some food businesses collected sales tax from customers but failed to record it properly.