Sunday, January 18, 2026

PM forms committee to boost exports to $60 billion, addressing key bottlenecks

Committee, led by Ishaq Dar, to propose strategies for overcoming export challenges, including a focus on timely tax refund payments and diplomatic efforts

Nepra approves uniform power tariff for CY2026 amid industry opposition to cross-subsidy burden

Industrial sector protests Rs131 billion cross-subsidy, urging tariff adjustments to boost competitiveness and exports

Pakistan and Indonesia closing in on jets and drones defence deal, sources say

Talks in advanced stages involve over 40 JF-17 jets, with Indonesia also showing interest in Pakistan's Shahpar drones

PM’s task force urges reforms, tariff rationalisation, energy cost adjustments to boost exports-led growth, avert another IMF program

Task force highlights infrastructure challenges, including inadequate testing and compliance mechanisms, high freight costs, and logistics bottlenecks, which are hindering Pakistan's export growth

Selling pressure weighs heavily on PSX as benchmark KSE-100 closes in red

Market closes at 182,384.14 points, down 1.1% or 2,025.53 points

Pakistan’s economy set to grow 3.5% in 2026, despite external risks and challenges, says UN report

Economic recovery on track with robust IMF reforms; Q1 FY26 growth at 3.71% signals improved outlook, but risks remain

PSX to maintain positive momentum due to further monetary easing: report

AKD Research forecasts that investor sentiment is expected to rise with anticipated foreign investment flows, supported by improved US and Saudi relations

Federal govt transfers Secretary Petroleum over rising circular debt, delays in reforms

Momin Agha removed amid concerns over ballooning gas sector circular debt and stalled oil sector digitalisation; Mirza Nasir-ud-Din Mashhood Ahmad to look after role until new appointee

Turkey seeks to join Saudi-Pakistan defence pact: report

Advanced talks indicate a likely deal, potentially forming a new military bloc in the Middle East

Privatisation commission cancels HBFCL sale, restructures major transactions

Roosevelt Hotel process reopened, IIAP and DISCO privatisations added to agenda

Pakistan’s remittances rise 16.5% YoY to $3.59 billion in December 2025

Inflows grow 13% month-on-month; July–December remittances reach $19.7 billion
SIFC seeks information on projects facing delays or stuck in arbitration

Finance ministry’s report says lack of transparency in SIFC initiatives may weaken investor confidence

Limited disclosure on concessions, fiscal costs and regulatory relaxations risks weakening investment governance credibility

FBR amends income tax rules to include AJK, GB taxpayers in Active Taxpayer List

Individuals registered with AJK and Gilgit-Baltistan tax authorities to be added to ATL, subject to address and verification conditions

FKS Group wins Hyderabad PSL franchise with Rs1.75 billion bid; OZ Developers take Sialkot with Rs 1.85 billion bid

Hyderabad and Sialkot confirmed as new teams in PSL's historic expansion for the 11th season

Govt blocks increase in dealers’ commission, OMCs’ profit margins, ties to full supply chain digitisation

PM links margin hike to complete digitisation of the petroleum sector, with a 2026 deadline for implementation