Central Bank Purchases Foreign Currency Worht $1B

    By Aftab Ahmed | December 30, 2025

    Central Bank has purchased a whopping US$1bn worth of foreign currency (USD) from the interbank FX market in Sep 2025. This brings the last 12 months (Oct 2024 to Sep 2025) intervention to US$6.9bn.Petrol Prices Declined By Rs 5.66 Per Litre To highlight, in Sep 2025, the Central Bank also repaid US$500mn international bond payment. SBP also…

    FBR raises sales tax valuation for local steel products

    By Aftab Ahmed | December 29, 2025

    The Federal Board of Revenue has raised the minimum value for sales tax calculation on locally produced steel products. The government has notified new valuation rules through S.R.O. 2402(I)/2025 and came into effect on December 10. It has replaced the earlier framework issued in 2024. In a notification issued here, the Federal Board of Revenue…

    FBR suspends six officials over sugar mill monitoring lapses

    By Aftab Ahmed | December 29, 2025

    Federal Board of Revenue (FBR) has suspended six officials over failure to perform duties to monitoring sugar mills. This has raised concerns over enforcement discipline in a sugar sector long linked with tax leakages. The Federal Board of Revenue said the officials were absent from duty despite being formally deployed to oversee sugar production under…

    ICMA issues IMF-linked governance reform roadmap

    By Aftab Ahmed | December 24, 2025

    ICMA has unveils a 32-pillar execution blueprint translating the IMF’s Pakistan governance diagnosis into time-bound reforms for fiscal discipline, justice delivery, anti-corruption, and digital regulation. Pakistan’s leading accounting body on Thursday unveiled a detailed execution roadmap addressing governance weaknesses flagged by the International Monetary Fund in its latest diagnostic assessment. The Institute of Cost and…

    Stock Market Sheds over 200 Points

    By Aftab Ahmed | December 24, 2025

    The KSE-100 Index closed the session at 170,830 points, declining by 243 points as persistent volatility and cautious investor sentiment weighed on the market. Intraday trading saw the index fluctuate between a high of 171,587 and a low of 170,641. Meanwhile, PIAHCLA touched near the lower cap today after investors realized that the listed PIAA…

    Cautious Trade Prevails, PIA Developments Keep Investors Alert

    By Aftab Ahmed | December 23, 2025

    The local bourse experienced a choppy, range-bound session as rollover-week adjustments kept sentiment cautious. The benchmark index swung between an intraday high of 663 points and a low of 235 points before closing at 171,073, down 130 points or 0.08%. Read More: Arif Habib Consortium Buys 75% PIA stake for Rs135bn Activity remained selective amid…

    Arif Habib Consortium Buys 75% PIA stake for Rs135bn

    By Aftab Ahmed | December 23, 2025

    Pakistan on Tuesday finally sealed the sale of a 75% stake in Pakistan International Airlines for Rs135 billion while ending years of stalled privatisation attempts. The government awarded management control of the loss-making flag carrier to the Arif Habib consortium after a group wins a bid through a competitive auction. The winning group comprises of…

    PM Offers UAE To Invest In Pakistan

    By Aftab Ahmed | December 23, 2025

    Prime Minister Shahbaz Sharif has offered United Arab Emirates (UAE) to invest in different areas of the economy including energy and minerals. Pakistan and UAE are already working on different projects. UAE had invested in Pakistan’s leading oil refinery Pak Arab Refinery Limited (Parco). UAE had also acquired PTCL stakes in Pakistan which recently acquired…

    Govt Makes Second Effort To Privatize PIA

    By Aftab Ahmed | December 23, 2025

    The government is going to make second attempt to privatize the country’s state run national flag carrier Pakistan International Airlines (PIA) today. The bid process will start at 11 am which will continue till 3 Pm on Wednesday. The government had made first attempt to privatize the PIA in late-October 2024. During that bidding round,…

    Stock Market Sheds Amid Voltality

    By Aftab Ahmed | December 22, 2025

    The KSE-100 Index ended the session at 171,204 points, shedding 200 points amid continued volatility and mixed investor sentiment. Pakistan Stock Market Bleeds Throughout the trading day, the index moved within a range of 172,167 to 170,858, primarily influenced by rollover-week dynamics.Positive contributions from LUCK, ENGROH, FATIMA, RMPL, and SRVI added a combined 347 points…