Section
Economy · Page 8
The rupee, the IMF, the budget, prices, power tariffs, trade and the businesses that employ the country.

Millat Group to enter Pakistan electric bike market
The tractor maker plans to launch electric bikes and scooters next month, with swappable battery options and a nationwide service network.

WorldCall Telecom restored to normal PSX counter
The NCCPL restored the telecom company's shares to the Normal Counter effective September 23, making them eligible again for margin financing and securities lending.

ADB projects developing Asia growth to slow to 5 percent
The bank's September outlook also revised the 2026 forecast up by 0.1 percentage points and trimmed the regional inflation forecast.
Karachi transporters suspend Islamabad goods supply, block Manghopir road
Goods transporters stopped supplies after a container dispute, while marble transporters protested a road closure near Manghopir police station.

SECP calls for more insurance tribunals and digital complaints system
A new regulator report reviews a system that received 37,029 policyholder grievances in 2025 and proposes nationwide reform.
Pakistan-bound LNG tanker crosses Hormuz after Iran talks
Marine Insight reported the safe passage; IndexBox identified the vessel as the Shandong Redwood, bound for Karachi with Qatari LNG.

Government to audit all Discos to trace power theft, losses
An APP document says more than 2.12 million smart meters have already been installed to curb theft and improve billing.

PIA to start direct Maldives flights after fleet expansion
CEO tells Maldivian delegation the route will begin once new aircraft join the national carrier, with both sides targeting tourism, trade and people-to-people ties.

Pakistani tech firms win honours at P@SHA ICT Awards
JazzWorld's Teknosys took two gold and three merit prizes, while Innovative's Innomate earned a business services award in Islamabad.

Made-in-Pakistan Exhibition opens in Dhaka with 100 exhibitors
The three-day trade show at the International Convention City Bashundhara runs until 26 September and features textiles, food, cosmetics and handicrafts.
Pakistan gets $1.7bn foreign assistance in two months
Pakistan Today reported the inflow but did not specify the period, donors or breakdown.

SECP briefs builders on corporatization and REIT registration
The securities regulator says incorporation can limit liability and improve access to finance for Pakistan's builders and developers.

ADB sees Pakistan economy growing 3.7 percent in FY2027
External borrowing rose 23.6 percent to $1.70 billion in the first two months, Express News reported.

ADB forecasts 3.7 percent growth for Pakistan in FY2027
Inflation is projected to climb to 8.3 percent as Middle East conflict and high energy costs complicate recovery.
Astore petrol pumps monitored under PM fuel relief scheme
Authorities in Astore are checking implementation of discounted fuel, with similar visits reported in Jhelum's Sohawa.

IMF mission in Karachi for loan review talks
Technical discussions with the State Bank begin Wednesday before formal negotiations in Islamabad on September 28.
SIFC prepares $40bn investment pipeline; CDA, DHA plan Islamabad sectors
Profit reported the pipeline spans multiple sectors, while TechJuice said CDA and DHA will jointly develop three Islamabad sectors.
Global oil prices drop to two-week low on Hormuz reopening hopes
Brent crude fell $2.01 to $98.33 a barrel and WTI dropped $2.50 to $93.28 as Saudi pipeline activity resumed.

Pakistan, Boeing discuss PIA fleet renewal and faster jet deliveries
Finance Minister Aurangzeb met Boeing's global president at UNGA; revised proposal expected for PIA, along with financing and leasing options.

ADB keeps Pakistan growth forecast at 3.7 percent
The Manila-based lender also sees inflation at 8.3 percent, above the government's 7 percent estimate, for this fiscal year.

Sindh Revenue Board draws 95 winners in POS invoice ballot
The fourth computerised ballot covered 217,525 verified invoices, a sharp rise from earlier draws, with cars, motorcycles and cash among prizes.

PIA board approves Boeing leases for European flights
The state carrier is adding five leased aircraft and increasing London service to seven weekly flights from October 27.
Gilgit Tandoor Owner Jailed Five Days for Underweight Bread
The sentence was reported by Daily Independent, though the owner's name and the date of the order were not immediately available.
TCP finalises 365,000-tonne wheat import deals
Profit by Pakistan Today reported the contracts, while UkrAgroConsult said high import prices could support the domestic wheat market.

Faisalabad Chamber associate class results announced
The second phase of the 2026-28 FCCI elections saw 16 candidates contest 14 associate class seats; Kohat Chamber elected 14 members unopposed.
PTA Survey Ranks Top Telcos in AJK, Gilgit
The Pakistan Telecommunication Authority survey results were reported by ProPakistani, though detailed rankings were not immediately available to Skardu Times.

Gilgit-Baltistan presents Rs218.8 billion budget with Rs52 billion deficit
The fiscal 2026-27 plan sets Rs43.97 billion for development and asks Islamabad for a Rs153.3 billion stabilisation package.
Overseas Pakistanis urged to invest in tax-free zones
Geo News attributed the appeal to the High Commissioner while APP cited J7 Group chairman.

PSX gains 269 points as oil prices ease
Saudi supply recovery and hopes for US-Iran talks supported sentiment, while analysts flagged Houthi attacks and the IMF review as risks.

Finance Division dismisses petroleum levy centrepiece reports as misleading
The ministry said Pakistan's IMF programme is a whole-of-government effort and the levy is only one revenue instrument, not a central condition.