TOP STORIES
- Shehbaz Sharif, Erdogan agree to boost Pakistan-Türkiye strategic ties
Prime Minister Shehbaz Sharif and President Recep Tayyip Erdogan discuss trade, investment, defence and regional peace during their meeting in Antalya. - Govt repays Rs1.85 trillion to commercial banks in 4MFY27
Pakistan’s federal government significantly increased domestic debt repayments during July–October FY27, compared with just Rs45.61 billion retired in the same period last year. - Pakistan targets 55% clean energy mix, $188 billion investment by 2035
Prime Minister Shehbaz Sharif calls for concessional international financing and affordable technology to accelerate Pakistan’s clean energy transition, highlighting electric vehicle targets and investment needs. - Pakistan, Kuwait pledge to boost trade and investment ties
Prime Ministers Shehbaz Sharif and Ahmad Al-Abdullah Al-Ahmad Al-Sabah discuss economic cooperation, energy, defence and regional security at COP31 in Türkiye.
FINANCE
- Pakistan mining project could generate $2.8 billion in exports, says Aurangzeb
Finance Minister Muhammad Aurangzeb says mining could contribute around 10% of existing goods exports as Pakistan builds on macroeconomic stability and pursues structural reforms. - ADB approves $500 million disaster financing facility for Pakistan
Contingent financing will provide quick budget support following eligible disasters, including floods and earthquakes, as Pakistan faces average annual disaster losses of $2 billion. - IMF urges Pakistan to accelerate structural reforms beyond economic stabilisation
IMF, ADB, FCDO and UN representatives call for provincial tax reforms, lower business costs, energy sector restructuring, export competitiveness and improved governance to sustain economic growth. - ECC approves Rs275 billion for water projects, Rs54 billion for defence
Finance Minister Muhammad Aurangzeb chairs meeting approving major supplementary grants, youth loan scheme revisions, gas supply arrangements and new import restrictions.
NATIONAL
- Pakistan reduces petrol price to Rs332, diesel to Rs360 per litre
Petrol prices have been cut by Rs3 and high-speed diesel by Rs4 per litre, with revised rates effective from November 13 under the daily fuel pricing mechanism. - Sindh invites investors to explore 27 identified mineral resources
Murad Ali Shah highlights Thar coal, investment opportunities and a 30-year mining lease framework at Minerals Investment Forum 2026. - NCCIA arrests 1,749 suspects, recovers Rs149.8 million in 53-day cybercrime crackdown
Nationwide operations target online fraud networks and illegal call centres, with 973 suspects arrested in raids, including 211 foreign nationals. - Pakistan cuts petrol price by Rs3, diesel by Rs7 per litre for November 12, 2026
The revised rates bring petrol to Rs335 and high-speed diesel to Rs364 per litre under the government’s daily fuel pricing mechanism.
TAXATION
- FBR sets December 10 deadline for mandatory barcode monitoring of tea production
Tea manufacturers and packers must install barcode-based monitoring systems across all production lines by December 10, 2026, under a new FBR sales tax order. - FBR sets first-ever Customs values for imported sublimation paper
Valuation Ruling 2129/2026 fixes minimum import values at $2.05 per kg for China and South Korea and $2.47 for other origins. - FBR revises customs values for un-branded dyes under new valuation ruling
Valuation Ruling 2128/2026 covers 68 items, including reactive, disperse and acid dyes, with revised import values ranging from $2.71 to $25 per kg. - FBR introduces electronic scrutiny of income tax returns, gives taxpayers seven days to fix errors
Under SRO 2098(I)/2026, the automated system will flag factual and legal discrepancies, allowing taxpayers at least seven days to respond before further action.
MONEY & BANKING
- SBP raises currency transaction reporting threshold to Rs3 million
The revised threshold takes immediate effect, requiring banks and other regulated entities to report qualifying currency transactions to the Financial Monitoring Unit. - Pakistan doubles digital payments as Raast QR merchants rise to 2.03 million
Bilal Azhar Kayani directs the State Bank of Pakistan to prepare an approval framework for the Raast QR Merchant Discount Rate scheme to accelerate the country’s cashless drive. - Pakistan’s foreign exchange reserves fall $26 million to $26.84 billionSBP-held reserves rise by $11 million, while commercial banks’ holdings decline by $37 million during the week ended November 6.
- Govt repays Rs1.85 trillion to commercial banks in 4MFY27Pakistan’s federal government significantly increased domestic debt repayments during July–October FY27, compared with just Rs45.61 billion retired in the same period last year.
TRADE AND INDUSTRY
- Pakistan woos global mining giants as Ivanhoe signs Chagai Copper-Gold deal
Petroleum Minister Ali Pervaiz Malik meets executives from Barrick, Weir, Trafigura and Çalik Holding as international companies explore investment opportunities in Pakistan’s minerals sector. - PwC conducts orientation visit ahead of independent audit at Pak-China Friendship Hospital
Global consultancy prepares to evaluate clinical standards, patient safety and operational efficiency under Islamabad’s public-private partnership healthcare model. - Sindh invites investors to explore 27 identified mineral resourcesMurad Ali Shah highlights Thar coal, investment opportunities and a 30-year mining lease framework at Minerals Investment Forum 2026.
- Pakistan, Wood Mackenzie discuss investment opportunities in mining sectorCommerce Minister Jam Kamal Khan highlights copper, antimony and other critical minerals, calling for international partnerships to unlock Pakistan’s mining potential.
AUTOMOTIVE
- BAIC unveils Defender-inspired Xingtan 5X SUV with prices starting at $18,890
The new five-seat SUV arrives in electric and plug-in hybrid versions, featuring Huawei-assisted driving technology, up to 625 km of claimed range and more than 30,000 preorders. - Dutch Court orders Jaguar Land Rover to destroy seized BYD files over Defender disputeJaguar Land Rover faces a potential €500,000 penalty if it fails to destroy documents seized from BYD’s Dutch offices, while the dispute over the Ti 7’s design remains unresolved.
- Pakistan auto sales surge 41% in October 2026 as Suzuki leads recovery
Pakistan’s automobile industry recorded 24,400 vehicle sales in October, with strong performances from Pak Suzuki, tractors and commercial vehicles contributing to the monthly growth. - Pakistan targets $6 billion auto exports under new Automotive Policy 2026–2031Government introduces binding localisation requirements, Rs2.1 billion vendor upgrade programme and incentives for exporters to transform the automotive industry into an export-oriented manufacturing hub.
IT & TELECOM
- NVIDIA co-founder Jensen Huang resigns after 33 years as CEO
CFO Colette Kress takes over as interim CEO while NVIDIA’s board begins searching for a permanent successor to Huang. - PTA warns internet providers against supplying bandwidth to unlicensed operators
The telecom regulator directs licensed operators to follow distribution rules and supports a district-level licensing framework for cable operators and last-mile providers. - JazzWorld wins 5G Champion for Growth award at Fast Mode Awards 2026
The recognition highlights Jazz’s network expansion, increased 5G data traffic and investment in spectrum to strengthen connectivity across Pakistan. - PTA conducts broadband quality surveys across Pakistan in Q3 2026Telecom regulator assesses fixed-line internet performance in major cities, including Gilgit-Baltistan, and directs operators to address service deficiencies.