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Pakistan explores financing options to stabilise foreign exchange reserves

https://www.dawn.com/news/1991805

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Pakistan legalises virtual assets

• SBP says strict AML/CFT rules apply for banks, VASPs• PVARA to oversee licensing, supervision KARACHI: The State Bank of Pakistan (SBP) announced a significant policy change on Tuesday, legalising and encouraging the use of virtual assets through the enactment of the Virtual Assets Act 2026. “The act has been enacted, pursuant to which the […]

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IMF sees Middle East conflict fuelling global inflation

• Projects Pakistan’s GDP expanding at 3.6pc and inflation at 7.2pc• Global growth slowing to 3.1pc this year ISLAMABAD: The International Monetary Fund (IMF) on Tuesday forecast Pakistan’s current account deficit to widen alongside a 3.6 per cent growth rate for the current year, as the US-Israel misadventure in the Middle East darkens global growth […]

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Govt sets Kharif targets amid water stress, cotton shortfall

ISLAMABAD: As the Rabi crop season nears completion, with wheat as the strategic crop ensuring the country’s food security, the federal government on Tuesday announced production targets for the upcoming Kharif crop season. Soil moisture, especially in major agricultural pla­ins, remains under stress due to drier conditions in previous months. The Federal Committee on Agriculture […]

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Listed consumer firms’ profit rises 28pc

KARACHI: Listed consumer companies (staples, pharmaceuticals and discretionary) recorded a profit of Rs244 billion in 2025, up by 28 per cent. For this analysis, Topline Securities selected companies with a market capitalisation above $100 million in their respective sectors. Net revenues of consumer companies rose by 14pc YoY in 2025 owing to better macroeconomic conditions […]

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World stocks rise, oil prices retreat

LONDON: Global stock markets climbed, and oil prices tumbled on Tuesday on rekindled hopes for a deal to end the Middle East war and reopen the key Strait of Hormuz to end disruptions that have sent energy prices soaring. Wall Street’s main indices climbed, with both the S&P 500 and the Nasdaq now back at […]

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Govt announces more than 2 hours of daily loadshedding amid fuel constraints; K-Electric, Hesco excluded from plan

ISLAMABAD: Amid fuel constraints, the government on Tuesday formally announced more than two hours of daily loadshedding “during peak hours” to prevent a sharp increase in electricity tariffs. However, K-Electric and Hyderabad Electric Supply Company (Hesco) are excluded from the loadshedding plan, the Power Division said. “The government has decided to suspend the electricity supply […]

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Naqvi calls on businessmen to bring back ‘20-30pc’ of wealth to Pakistan

Interior Minister Mohsin Naqvi on Tuesday called on the business community to bring back “20-30 per cent” of their wealth to Pakistan ahead of the upcoming budget. Speaking at a ceremony at the Federation House in Karachi, he said that the government would facilitate the business community but “at least give this one gesture over […]

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SECP grants Buy Now Pay Later licence to Alibaba-owned Koko Tech Pakistan

The Securities and Exchange Commission of Pakistan (SECP) on Tuesday said it had granted a Buy Now Pay Later (BNPL) licence to Alibaba-owned Koko Tech Pakistan Pvt. Ltd (KTPL). “The entry of Alibaba-backed KTPL marks a significant milestone for Pakistan’s digital financial ecosystem,” it said in a press release. The press release further stated: “One […]

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