PIA partners with Riyadh Air to expand cargo operations and boost revenue
The new cargo agreement, effective October 29, will link Pakistan and London to Riyadh for onward global distribution through both airlines’ combined networks.
Pakistan’s food sector faces growing crisis as circular debt hits Rs325.6 billion: report
Government agencies owe TCP billions, with interest charges making up 73% of total debt; National Fertilizer Marketing Ltd. is the largest defaulter, with liabilities exceeding Rs126.78 billion
Saudi Arabia extends $1 billion oil facility to Pakistan, renews $5 billion deposits
Both nations agree on long-term economic partnership with focus on infrastructure projects
IMF board likely to approve $1.2bn tranche for Pakistan by December
SBP says all performance criteria met; reserves target revised to $17.8bn for FY26
SBP raises foreign exchange reserves forecast for FY26 to $17.8 billion
Controlled current account deficit, official inflows, and IMF agreement drive upward revision; remittances to hit $41 billion
Inflation to stay between 5-6% in October due to flood impact and border closures, says Ministry of Finance
Economy continues recovery despite flood disruptions; external sector remains stable, but inflationary pressures risk due to recent floods, says finance ministry in monthly outlook
PSX drops over 1,100 points as investors stay cautious ahead of MPC decision
KSE-100 Index closes at 162,163.81; rupee posts marginal gain against US dollar
Monetary Policy Comittee holds interest rate steady at 11%
MPC maintains stance despite inflation spike, citing positive growth momentum, contained flood impact, and a resilient external sector; forecasts inflation to temporarily exceed target before easing
Pakistan may delay gas imports as demand declines, LNG surplus expected beyond 2031: report
Wood Mackenzie study projects 3% drop in gas demand by 2040 despite population reaching 325 million; government reconsiders pipeline imports and LNG contracts
PM inaugurates RLNG supply to households, ending four-year gas connection ban
Pending domestic gas applicants to get RLNG-based connections; OGRA to regulate new security fee structure
PM Shehbaz to attend future investment initiative in Riyadh from Oct 27–29
Premier to lead high-level delegation including Ishaq Dar to strengthen economic, trade, and investment ties with Saudi Arabia
PIA’s first direct flight to Manchester departs after five-year hiatus
Minister Khawaja Asif announces overhaul of aviation standards as inaugural flight, carrying 284 passengers, marks a milestone in the airline's efforts to restore its international connectivity
PSX’s momentum to continue amid positive IMF review, improved investor sentiment: report
AKD Securities forecasts sustained market growth with expected foreign investment and improved credit ratings
SBP expected to maintain status quo on policy rate due to concerns over spiraling inflation: report
AKD Research highlights cautious approach due to inflation, trade concerns, and strong economic indicators
FBR considers video analytics system as supplementary tool to track and trace: report
Officials say video analytics may complement existing Track and Trace System but lacks product authentication and anti-counterfeit features