Pakistan has apprised the International Monetary Fund (IMF) that the Middle East conflict will no longer impact its economic outlook, with inflation projected to slow down to 7.5% and the external sector remaining stable, but the global lender has urged it to adjust exchange and interest rate policies. The federal government further informed the IMF that exports would hit $34 billion and foreig
As only four new shopkeepers opted for the fixed tax scheme until the statutory deadline, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial admitted on Wednesday that the response remained below expectations and traders defeated the good faith. The government also gave a 15-day extension in filing all tax returns after receiving 5.7 million returns by the deadline of September 30
Companies in the KSE-100 Index posted combined earnings of Rs609 billion in 4QFY26, up 34 percent year-on-year and 20 percent quarter-on-quarter, while full-year FY26 profitability increased 18 percent to Rs2.01 trillion, according to a report by Topline Research. The research house said its analysis covered 88 of the 100 KSE-100 companies that had announced their results, representing around 9
Pakistan National Shipping Corporation (PNSC) may lease or purchase a container vessel to facilitate Pakistani exporters and reduce shipping costs, provided sufficient cargo volumes can be secured to make the operation commercially viable, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry said. The development came during a meeting between a three-member delegation of exporters and Chaud
Oil prices fell 1% on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors weighed renewed US-Iran diplomatic efforts to end their conflict in the Middle East. Brent crude futures fell 1.1% to $96.92 a barrel by 0420 GMT, and US West Texas Intermediate crude dropped 1.4% to $89.18 a barrel.