Economy
Business
Pakistan seeks sixth spot LNG cargo as Qatar supply disruptions persist
Pakistan LNG Ltd. (PLL) has invited bids for the purchase of a 140,000-cubic-meter spot liquefied natural gas (LNG) cargo for delivery on July 21-22, according to a tender published on the state-owned company's website.The tender marks Pakistan's sixth spot LNG procurement since ...
Business
FBR proposes voluntary 1% turnover tax for small shopkeepers
Pakistan's Federal Board of Revenue (FBR) has proposed a simplified, voluntary tax regime for small shopkeepers with annual turnover of up to PKR 200 million, aiming to broaden the tax base by reducing compliance requirements and limiting tax audits.The FBR published the draft Sp...
Business
Pakistan likely to extend auto policy by one year as IMF talks delay new framework
Pakistan is likely to extend its existing automobile policy by one year after the government failed to finalize a new framework before the previous policy expired on June 30, government sources said Tuesday.According to officials familiar with the matter, negotiations with the In...
Business
Bank Alfalah raises PKR 20 billion in Pakistan's largest bank TFC issuance
Bank Alfalah has raised PKR 20 billion through a AAA-rated Tier 2 Term Finance Certificate (TFC), completing what it said is the largest TFC issuance by a Pakistani bank and the lender's first AAA-rated debt issue.The issuance, approved by the State Bank of Pakistan, attracted st...
Business
Pakistan auto sales jump 39% in FY26 as pre-budget buying lifts June demand
Pakistan's automobile sales surged 39% in fiscal year 2025-26 to 206,445 units, marking a strong recovery for the industry as improving consumer demand, expanding auto financing and new model launches boosted purchases, analysts said.The momentum extended into June, when vehicle ...
Business
Pakistan buys third spot LNG cargo in July as Qatar supply disruptions persist
State-run Pakistan LNG Ltd. (PLL) has awarded a spot liquefied natural gas (LNG) cargo to BP Singapore for delivery during the July 15-16 window at a price of USD 18.2345 per million British thermal units (MMBtu), a Ministry of Energy official told Platts on July 13.Speaking on c...
Business
Pakistan's power supply at risk as RLNG shortages threaten 5 GW of generation capacity
Pakistan's largest gas supplier, Sui Northern Gas Pipelines Ltd. (SNGPL), has extended force majeure on regasified liquefied natural gas (RLNG) supplies to multiple power plants after delays in LNG cargoes from Qatar caused by continued security-related disruptions around the Str...
Business
Pakistan raises petrol price, hikes petroleum levy to record PKR 80 per liter
Pakistan's government raised petrol and diesel prices from July 12, alongside a record increase in the petroleum levy on petrol to PKR80 per litre. The move limits how much of the recent fall in global oil prices reaches consumers. It comes as Islamabad works to meet revenue targ...
Business
Pakistan Sukuk issuance hits record PKR 3.5 trillion in FY2026 as debt reforms advance
Pakistan's sovereign Sukuk issuance nearly doubled to a record PKR 3.5 trillion in fiscal year 2026, up from PKR 2.2 trillion a year earlier, as the government continued reforms to deepen domestic capital markets and strengthen debt sustainability. The figures were disclosed at a...
Business
Pakistan’s gas sector burden grows as circular debt reaches PKR 3.6 trillion
Pakistan’s circular debt in the natural gas sector rose to PKR 3.607 trillion by the end of March 2026, with late payment surcharges nearly matching the principal outstanding amount, according to an official government document.The document showed the principal circular debt stoo...