TOP STORIES
- Pakistan exports rise 11% to $8.42 billion in 1QFY27
Pakistan’s exports increased by 11% in the first quarter of FY27, but faster import growth pushed the trade deficit to $10.79 billion. - Pakistan condemns Houthi attack on Madinah power station
Pakistan condemns the September 29 Houthi attack on Madinah’s Taibah power station and reaffirms solidarity with Saudi Arabia. - PM Shehbaz calls for sustainable growth, jobs and export-led economy
Prime Minister says Pakistan must move beyond stabilisation towards technology, productivity, employment and export-driven growth. - Headline inflation surpasses 10% in September 2026: PBS
Pakistan’s CPI inflation rises 10.3% year-on-year in September, while wholesale inflation accelerates to 13.3%.
FINANCE
- Finance Minister, World Bank review Pakistan economic reform agenda
Talks focus on growth, jobs, revenue mobilisation, capital markets, trade, investment and institutional reforms - Pakistan forex reserves edge down $39m to $26.77bn
SBP reserves rise by $39 million, while commercial banks’ holdings fall by $78 million - Aurangzeb says foreign investor interest in Pakistan is growing
Finance minister says economic stability is encouraging local investment, paving the way for greater foreign participation. - PM Shehbaz calls for sustainable growth, jobs and export-led economyPrime Minister says Pakistan must move beyond stabilisation towards technology, productivity, employment and export-driven growth.
NATIONAL
- PM pledges Rs12.5m aid for families of Pakistanis killed in Somalia rescue
Government announces financial assistance, housing, education and healthcare support for families of three Pakistanis killed off Somalia. - Pakistan raises petrol price to Rs392.76 per litre
Petrol rises by Rs2.10 and high-speed diesel by 30 paisas as Pakistan shifts towards a daily fuel pricing mechanism. - Pakistan Customs seizes Rs5.41bn narcotics consignment near M-2
Intelligence-led operation near the M-2 Motorway recovers 1,200kg of charas, poppy seeds and a non-customs-paid vehicle - Finance Minister, World Bank review Pakistan economic reform agendaTalks focus on growth, jobs, revenue mobilisation, capital markets, trade, investment and institutional reforms
TAXATION
- FBR sets 15-day deadline for discontinued businesses to notify
FBR requires taxpayers discontinuing a business to notify the Commissioner within 15 days and file a separate tax return for the discontinued period. - FBR makes foreign income and assets statement mandatory for Tax Year 2027
Resident individuals with foreign income of at least US$10,000 or foreign assets worth US$100,000 must file a statement under Section 116A for Tax Year 2027. - FBR gets power to compel wealth statements for Tax Year 2027
Section 116 of the Income Tax Ordinance allows the FBR to seek detailed information on taxpayers’ assets, liabilities, expenditure and wealth reconciliation for Tax Year 2027. - Ahmad Kamal posted as LTO Karachi Chief Commissioner in major FBR reshuffle
FBR transfers and posts 32 IRS officers from BS-17 to BS-21 across major tax offices, including LTOs and regional offices.
MONEY & BANKING
- SBP clears export of 200,000 tonnes of sugar under new quota
Central bank sets payment, shipping and reporting conditions for sugar exports approved by the ECC and Federal Cabinet. - Banks to extend working hours on September 30, 2026 to facilitate tax collection
Commercial bank branches will remain open late to help taxpayers complete government duty and tax payments before the deadline. - SBP governor launches Rs16bn Pasban remittance reward scheme
The Pasban scheme will distribute Rs4 billion in cash prizes every quarter to eligible home-remittance beneficiaries using formal banking channels. - Insurance claims worth Rs548 billion settled in 2025: SECP
Pakistan’s insurers settled more than one million claims in 2025 as the industry recorded strong growth in premiums, assets and digital insurance.
TRADE AND INDUSTRY
- SBP clears export of 200,000 tonnes of sugar under new quotaCentral bank sets payment, shipping and reporting conditions for sugar exports approved by the ECC and Federal Cabinet.
- Pakistan secures additional 70,000-tonne rice export deal with Malaysia
Additional rice exports to Malaysia are expected to boost foreign exchange earnings, support farmers and strengthen Pakistan’s export-led growth strategy. - Pakistan exports rise 11% to $8.42 billion in 1QFY27Pakistan’s exports increased by 11% in the first quarter of FY27, but faster import growth pushed the trade deficit to $10.79 billion.
- PM Shehbaz orders regulatory reforms to boost investmentGovernment to establish regulatory registry and harmonise business facilitation rules across provinces
AUTOMOTIVE
- Sazgar launches ARCFOX T5 in Pakistan: Prices and booking details revealed
Sazgar Engineering Works Limited has introduced the ARCFOX T5 REEV in Pakistan, offering two variants with an extended electric driving range and deliveries expected within three to four months. - Toyota Pakistan expected to launch facelift of Toyota Corolla after long time
Images circulating on social media suggest that Toyota Corolla could receive exterior updates, while a new-generation model is not expected at this stage. - Suzuki Jimny heritage returns with automatic for first time
Limited to 300 units, the new three-door Jimny Heritage brings retro styling upgrades and automatic transmission at a higher price. - Super Power launches 250cc and 300cc bikes in Pakistan at massive prices
Super Power has introduced the Titan R250T and Nitro R300 with bigger engines, ABS, EFI and six-speed transmissions.
IT & TELECOM
- Trump creates ‘super intelligence force’ to lead US AI push
Donald Trump has announced a new federal task force to co-ordinate US artificial intelligence efforts and strengthen the country’s position in the global AI race. - Honor Wide foldable smartphone reportedly launching in January
Honor’s upcoming foldable is expected to feature a large 7.6-inch inner display, a 200MP camera and a battery exceeding 7,000mAh. - Samsung display to begin Galaxy S27 Series AMOLED production this month
Samsung is reportedly preparing millions of AMOLED panels for the Galaxy S27 family ahead of its expected early 2027 launch. - WhatsApp tests restricted chat feature to boost privacy on Android
The new feature prevents selected conversations from appearing on linked devices and disables exports, gallery backups and Meta AI integration.