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Pakistan asks Qatar to divert 2026 LNG shipments amid oversupply concerns
Sat, 18 Oct 2025 12:06:00 +05:00

A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan on November 13, 2017. — ReutersPakistan currently imports 9 LNG cargoes from Qatar each month.Islamabad wants Qatar to sell 24 contracted LNG cargoes.Govt already diverting 1 ENI...

'First drop of rain': Pakistan finalises sale of First Women Bank to UAE firm
Sat, 18 Oct 2025 10:20:00 +05:00

Prime Minister Shehbaz Sharif, Field Marshal Syed Asim Munir and federal ministers witness the signing ceremony of majority stake selling of First Women Bank to a UAE company on October 17, 2025. — PID

PM says privatisation of FWBL milestone in boosting UAE...

In Washington meetings, Aurangzeb advances Pakistan's economic, digital agenda
Sat, 18 Oct 2025 04:46:08 +05:00

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, gestures during his meeting in Washington DC with Dr Adnan Chilwan , Group CEO of Dubai Islamic Bank —X/FinancegovpkPraises Dubai Islamic Bank for backing Pakistan’s Sukuk financing.Briefs Sharjah and Ajman...

Flood-hit electricity consumers 'get August bill waiver'
Fri, 17 Oct 2025 20:34:00 +05:00

Aerial view shows partially submerged residential buildings following the overflowing of the Ravi River in Lahore on August 30, 2025. — AFPNon-domestic electricity bills deferred for four months.Consumers who paid to get adjustments next cycle.PM approves relief covering power users...

Govt, IMF mull raising GST, withholding taxes on solar panels and internet services
Fri, 17 Oct 2025 10:36:00 +05:00

The International Monetary Fund's building in Washington, US. — AFP/FileMeasures to apply in on revenue shortfall, inability to cut expenses.Hike in withholding tax on internet service to up to 20% proposed.Contingency measure suggests raising GST on solar panels to 18%.

Pakistan seeks China's support for Brics' New Development Bank membership
Fri, 17 Oct 2025 09:34:00 +05:00

Pakistan's Finance Minister Muhammad Aurangzeb and China's Deputy Finance Minister Liao Min shake hands during a meeting in Washington, DC, US on October 16, 2025. —X@FinancegovpkAurangzeb welcomes Chinese investment in Pakistan.Briefs Liao Min on staff-level agreement...

FinMin Aurangzeb briefs Saudi counterpart on PIA, airports' privatisation
Thu, 16 Oct 2025 12:24:00 +05:00

Finance Minister Muhammad Aurangzeb holds a meeting with Saudi counterpart Mohammed Al-Jadaan in Washington, DC, on October 16, 2025. — X/@FinancegovpkFinance czar meets Saudi's Mohammed Al-Jadaan in Washington.Both sides review growing trade and investment relations.Aurangzeb...

Karachi consumers can choose their own power supplier from 2026, NA told
Thu, 16 Oct 2025 11:17:00 +05:00

A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/File200MW of power to be made available for bulk purchase, NA told.Country's off-grid, net-metered solar capacity surges to 18,000MW.NA committee discusses Multi-Vendor Electricity...

Pakistan suspends Afghan cargo transport in aftermath of border clashes
Thu, 16 Oct 2025 09:42:00 +05:00

Trucks carrying goods pass through the zero-point Torkham border crossing with Afghanistan. — APF/FileAll terminals directed to offload containers loaded on vehicles.Karachi Port and Port Qasim also stop clearance operations.Long queues of TP containers at : customs...

Petrol price drops by Rs5.66 per litre for next fortnight
Wed, 15 Oct 2025 23:24:00 +05:00

A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ FilePetrol now costs Rs263.02 per litre after reuction of Rs5.66.HSD price slashed by Rs1.39 to Rs275.41 per litre.Kerosene oil price cut by Rs3.26 to Rs181.71 per litre.

In...

FBR announces extension in income tax filing deadline
Wed, 15 Oct 2025 18:23:00 +05:00

A policeman walks past the Federal Board of Revenue office building in Islamabad, on August 29, 2018. — ReutersFBR extends deadline for 16 days.Deadline was to end on Oct 15.Trade bodies requested extension.

ISLAMABAD: The Federal Board of Revenue on Wednesday notified an...

China denies claims Pakistan sent rare earth samples to US
Wed, 15 Oct 2025 15:38:00 +05:00

Foreign Ministry Spokesperson Lin Jian’s Regular Press Conference on March 21, 2024. — China-embassy.govChinese FM spokesperson responds to allegations about Pakistan.China, Pakistan remain “all-weather strategic cooperative partners”.Denies Pakistan sent rare earth...

Petroluem prices expected to drop by up to Rs6.10 per litre from tomorrow
Wed, 15 Oct 2025 15:01:00 +05:00

A person fills their car's tank at a fuel station in this undated file image. — AFP/FileLight diesel oil expected to drop by Rs1.64 per litre.Price of HSD likely to be reduced by 97 paisa per litre.Kerosene may see a cut of Rs2.75 per litre, say sources.

Stocks continue bull run with IMF staff-level deal lifting investor sentiment
Wed, 15 Oct 2025 11:31:00 +05:00

A broker is seen speaking to someone on phone at the Pakistan Stock Exchange in Karachi on Thursday, October 17, 2024. — PPIKSE-100 Index gains 210.36 points.PSX hits intraday high of 167,561.69.Equity market closes at 165,686.38 points.

Nepra approves hike in electricity tariff for KE consumers, rest of country
Wed, 15 Oct 2025 10:06:00 +05:00

A representational image of pylons and power lines. — Reuters/FileIncrease comes under August 2025 fuel charges adjustment .Hike applies to all Discos, K-Electric consumers, says notification.Lifeline, EV charging and pre-paid users exempted from increase.

The National...

IMF, Pakistan reach staff-level agreement on $1.2bn bailout
Wed, 15 Oct 2025 03:47:00 +05:00

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, US, April 21, 2017. — ReutersPakistan to get $1bn under EFF, $200m under RSF, says IMF.Total disbursements under two arrangements reach around $3.3bn.Pakistan posts first...

Pakistan aims to boost IT exports to $5bn by next year: minister
Tue, 14 Oct 2025 22:44:41 +05:00

Minister for Information Technology and Telecommunication Shaza Fatima Khawaja, Pakistani tech leaders and foreign delegates attend Pakistan Tech Evening in Dubai, United Arab Emirates, October 14, 2025. — Reporter

DUBAI: Federal Minister for Information Technology and...

IMF forecasts Pakistan's inflation rate to hit 6% in FY26
Tue, 14 Oct 2025 20:26:00 +05:00

People buy dry fruits at a market in Karachi.— Reuters/FileIMF maintains Pakistan’s growth at 3.6% for ongoing fiscal year.Unemployment rate likely to come down to 7.5% in Pakistan. Global inflation rate projected to decline to 3.7% in 2026.

The International Monetary...

Pakistan sees staff deal on $1.2bn IMF payout this week
Tue, 14 Oct 2025 18:05:00 +05:00

The seal of the International Monetary Fund is seen at the headquarters building in Washington, DC. — AFP/File“We’re hoping that we can get SLA done ," says FinMin."Euro, dollar, Sukuk, — we’re keeping our options open," he says.Final PIA bids expected later...

US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
Tue, 14 Oct 2025 12:22:00 +05:00

A cargo ship carrying containers approaches towards the Yantian port in Shenzhen, Guangdong province, China April 17, 2025. — Reuters US, China begin collecting port fees on each other's vessels.China says Chinese-built ships exempted from its levies.US aims to loosen Chinese...

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Last modified: 04-03-2021

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