Business

Aurangzeb highlights Pakistan's economic reforms at Bank of America symposium in Bangkok

The senator detailed efforts to secure long-term financing and improve export competitiveness during the World Bank Group–IMF Annual Meetings.

Pakistan Power Division limits September fuel price adjustment to Rs2.56 per unit

Targeted load management and domestic pricing for imported gas saved consumers from a potential price hike of up to Rs6 per unit.

FBR extends income tax return filing deadline to 31 October 2026

The move follows pleas from trade bodies citing technical glitches and complex new disclosure requirements on the IRIS portal.

Reese Witherspoon and Mediawan Partners buy back Hello Sunshine from Candle Media

The production company, which Witherspoon founded in 2016, reached a valuation of nearly 1 billion dollars during its time with Candle Media.

Muhammad Aurangzeb reaffirms national ownership of IMF-backed economic reforms in Thailand

The Finance Minister aims to convert macroeconomic stability into public welfare by prioritising revenue mobilisation and debt management.

Artificial intelligence integrates into global banking and investment platforms

Al-Areesh vessel berths at Engro LNG terminal to resume regasification

The arrival of the first October cargo follows a period of zero regasification at major terminals and ongoing pipeline disruptions.

National Bank of Pakistan updates foreign exchange rates for 15 October settlement

The Treasury Management Division released new buying and selling prices for major global currencies including the US dollar, Euro, and British pound.

Ali Pervaiz Malik attends International Energy Forum in Riyadh to discuss cooperation

The minister sought to secure energy supplies and investment by meeting with officials from Libya, Qatar, and Turkey during the ministerial summit.

Pakistan lowers petrol prices for 24 hours as OGRA updates fuel rates

The price of petrol fell by Rs. 2.71 per litre on Wednesday, while diesel saw a marginal decrease of Rs. 0.03.

LCCI President pledges government intervention for Ferozepur Road industrial concerns

The chamber aims to replace criminal proceedings with fines and establish a dedicated complaint cell linked to the Prime Minister's dashboard.

Senator Muhammad Aurangzeb promotes Pakistan's economic reforms to international investors in Bangkok

The official highlighted improved fiscal balances and renewed access to global capital markets as the country seeks sustainable, export-led growth.

Malaysia calls for expanded trade and investment ties with Pakistan

The move seeks to deepen a strategic partnership established in 2019 by boosting cooperation in palm oil, education, and tourism.

Muhammad Aurangzeb outlines three priorities for Pakistan's G-24 chairmanship

The incoming chair aims to reform the international financial architecture to address climate shocks and restrictive global financial conditions.

Pakistan Tax Bar Association requests December extension for income tax returns

Taxpayers face technical hurdles with the IRIS portal and incorrect minimum tax calculations despite a recent deadline extension to October 15.

Japan opens fully-funded master's scholarships for Pakistani government officers

The JDS Program 2026 provides financial support and tuition for officials to study public administration, finance, and climate policy in Japan.

State Bank of Pakistan top officials see 94 percent pay hike

The pay hike comes as the bank's reported profit declined by Rs. 507 billion and total staff salaries rose by Rs. 91.18 million in FY26.

Punjab approves Rs63 billion development projects for 2026-27 fiscal year

The funding targets infrastructure expansion, industrial sustainability, and youth engagement across the province.

Pakistan to spend over $1 billion on winter LNG imports

The plan includes 10 spot market cargoes costing $863 million, while term agreements with Qatar and Eni cover the remaining $429.83 million.

Attaullah Tarar names 11-member advisory council for Khyber Pakhtunkhwa Governor

The appointments come as the provincial government faces allegations of militant infiltration and a power-sharing deal with non-state actors.

Pakistan seeks energy security through new oil and gas deals with Libya and Qatar

The diplomatic push follows a 2026 global energy shock where Pakistan avoided rationing through regional cooperation and strategic reserves.

Pakistan faces EU carbon levy risks following $30 billion flood losses

D-8 reaffirms commitment to economic integration at OIC regional forum

The group aims to expand its preferential trade agreement and establish a permanent chamber of commerce in Istanbul to bolster member state economies.

Armed robbers hijack Karachi trailer on M-9 Motorway near Nooriabad incline

The Hyderabad Chamber of Small Traders and Small Industry warned that insecurity on the route could disrupt the regional commercial supply chain.