KARACHI: The State Bank of Pakistan (SBP) will hold its Monetary Policy Committee (MPC) meeting on September 15, 2025, with most analysts expecting the policy rate to remain unchanged. According to statement released on Friday, a poll conducted by Topline Securities showed that 72% of market participants anticipate no change in the policy rate, compared … Read more
ISLAMABAD: Pakistani seafood exporters met with Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry in Beijing and updated him on discussions with their Chinese counterparts as Islamabad intensifies efforts to expand fisheries exports. The federal minister emphasised that signing memoranda of understanding (MoUs) and fostering business-to-business agreements would play a crucial role in enhancing … Read more
KARACHI: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), week ending Sep 04, 2025, increased by 1.29% week on week (WoW) and up 5.07% year on year (YoY), which is the highest YoY after 35 weeks. Major increase was observed in the prices of tomatoes, wheat flour, onions, rice basmati broken, garlic, potatoes. … Read more
KARACHI: The Pakistan Stock Exchange (PSX) surged to an all-time high on Friday, with the KSE-100 Index closing at 154,277, up 1,612 points in a single session. This marks the first time the index has surpassed the 154,000 level. The rally was spearheaded by the National Bank of Pakistan (NBP), which surged 9.88% to Rs171.98 … Read more
Gold prices in Pakistan rose further on Friday after spot gold went up by $12 to $3,552 per ounce in the international bullion market following the greenback slightly losing value. The price of 24-karat gold per tola jumped by Rs1,200 to Rs377,900, while 10 grams of gold increased by Rs1,029, hitting Rs323,988 — both all-time … Read more
KARACHI: Pakistan’s economy is grappling with deep-rooted structural weaknesses, intensifying climate risks, and a widening investment gap that threaten its long-term stability. Despite government commitments to an export-led growth model and sustainable development, experts warn that persistent challenges in attracting investment, managing climate vulnerability, and fostering sustainable business practices continue to weigh heavily on the … Read more
LAHORE: The Pakistan Business Forum (PBF) has raised alarm over the devastation caused by floods in Punjab and the looming threat to Sindh’s agricultural belt, urging urgent federal and provincial action to avert a worsening economic and humanitarian crisis. In a letter to Prime Minister Shehbaz Sharif, PBF acknowledged government efforts in tackling national challenges … Read more
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose $28 million during the week ended August 29, 2025, reaching $14.30 billion. According to data released by the central bank on Thursday, the country’s total liquid foreign reserves stood at $19.66 billion. Of this, commercial banks held $5.36 billion in net reserves. Analysts note … Read more
ISLAMABAD: Industry experts have voiced concerns over the government’s Export Facilitation Scheme (EFS), claiming it is undermining the performance of local industries. In the previous years, Pakistan’s export sector was supported through direct subsidies such as power and gas tariff relief, reduced corporate taxes and concessionary credit facilities. However, under mounting pressure from the International … Read more
ISLAMABAD: The government has sought a report from the State Bank of Pakistan (SBP) on the impact of subsidy allocated for the adoption of QR-based payments. During recent discussions held by the Economic Coordination Committee (ECC), the SBP apprised the forum that in a meeting of the Steering Committee on Cashless Economy, it was decided … Read more