TOP STORIES
- OGDCL discovers gas and condensate in Khairpur, Sindh
Bitrisim Northwest-1 exploratory well produces 12.8 million cubic feet of gas and 175 barrels of condensate daily during testing. - Shehbaz Sharif vows energy-independent Pakistan as Chashma-5 reaches key milestone
Prime Minister says the 1,200MW nuclear power project will strengthen energy security, reduce reliance on imported fuels and deepen Pakistan-China strategic cooperation. - Pakistan remittances jump 13.8% to $3.9 billion in October 2026
Overseas Pakistanis sent $3.89 billion in October, taking cumulative remittances to $14.8 billion during the first four months of FY27, according to the State Bank of Pakistan. - Pakistan condemns Houthi attack on Saudi Aramco building in Riyadh
Islamabad demands an immediate and unconditional halt to attacks on Saudi Arabia, reaffirming support for the kingdom’s sovereignty and security.
FINANCE
- 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. - Pakistan, Bangladesh seek stronger economic ties, trade and investment cooperation
Finance Minister Muhammad Aurangzeb and a high-level Bangladeshi delegation discuss economic reforms, debt management, textile cooperation and opportunities to expand bilateral trade and investment.
NATIONAL
- Pakistan expands digital agricultural loans and credit facilities for small farmers
SBP-led initiatives combine collateral-free loans, warehouse receipt financing, crop insurance and risk-sharing arrangements to improve access to formal credit for underserved farmers. - OGRA cuts petrol price by Rs8, diesel by Rs7 per litre
Petrol price has been reduced to Rs338 per litre and high-speed diesel to Rs371 for November 11, providing fresh relief to consumers. - NCCIA DG orders nationwide crackdown on cybercrime
Syed Ali Nasir Rizvi reviews ongoing investigations, pending cases and agency performance, directing officers to speed up operations and improve service delivery. - Pakistan fuel prices today – November 10, 2026
Petrol remains at Rs346 per litre and high-speed diesel at Rs378 as the government maintains the fuel prices announced on November 7.
TAXATION
- 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. - FBR prescribes record-keeping rules for businesses for Tax Year 2027
Businesses must maintain records of income, expenses, sales, purchases, assets and liabilities, with FBR requiring documents to be retained for at least six years. - FBR updates country-by-country reporting rules for Tax Year 2027
New rules define reporting requirements for multinational enterprise groups, including the €750 million consolidated revenue threshold and information required for international tax transparency. - FBR sets arm’s length transaction rules for Tax Year 2027
New rules require transactions between associated persons to follow market-based pricing, with FBR outlining four methods for determining arm’s length results.
MONEY & BANKING
- Pakistan expands digital agricultural loans and credit facilities for small farmersSBP-led initiatives combine collateral-free loans, warehouse receipt financing, crop insurance and risk-sharing arrangements to improve access to formal credit for underserved farmers.
- Pakistan launches Virtual Asset Alliance to protect crypto investors
The new platform, formed with Asia Web3 Alliance Japan, aims to combat digital asset fraud, improve cybersecurity awareness and support Pakistan’s blockchain industry. - ABHI Microfinance Bank IPO attracts strong investor interest ahead of retail offering
The bank’s IPO book-building portion receives 158% subscription, attracting local and foreign investors ahead of public subscription scheduled for November 12–13. - Pakistan remittances jump 13.8% to $3.9 billion in October 2026Overseas Pakistanis sent $3.89 billion in October, taking cumulative remittances to $14.8 billion during the first four months of FY27, according to the State Bank of Pakistan.
TRADE AND INDUSTRY
- Government moves to simplify SME financing after disappointing results
Minister of State for Finance Bilal Azhar Kayani says fewer than 1,000 of an estimated 10,000 SMEs are benefiting from existing export support facilities, prompting efforts to remove regulatory hurdles and improve access to finance. - Ministry of Commerce introduces new policy for staff postings abroad
The 2026 policy introduces merit-based selection, written examinations, training requirements and stricter eligibility conditions for support staff deployed at Pakistan’s trade missions worldwide. - SIFC engages Peshawar business community to resolve investment hurdlesCouncil discusses regulatory reforms, business bottlenecks and investment facilitation with chambers of commerce in Khyber Pakhtunkhwa.
- FPCCI urges investment in 5G infrastructure to accelerate Pakistan’s digital transformation
Shahid Imran calls for supportive spectrum policies, foreign investment and public-private partnerships to modernise agriculture, industry and digital services.
AUTOMOTIVE
- BYD reveals new two-door microcar design in patent filing
The newly registered design features a playful exterior, distinctive lighting elements and styling contributions from chief designer Wolfgang Egger, hinting at BYD’s possible entry into another vehicle segment. - Chery Tiggo Cross accident in Malaysia leaves two wheels detached
Chery Malaysia says the damage to the Tiggo Cross, including two detached wheels, occurred following a collision with a Perodua Myvi and was not caused by a vehicle component failure. - Suzuki increases GS 150 and GD 110s prices by Rs10,000 in Pakistan
Pak Suzuki has revised the prices of its two popular motorcycles without issuing a public announcement, making both models more expensive by Rs10,000. - BYD challenges Rolls-Royce with new Yangwang Altior luxury sedanBYD’s Yangwang Altior makes its global debut with four electric motors, handcrafted interiors, advanced driving technology and a claimed range exceeding 1,000 kilometres.
IT & TELECOM
- Japan faces fresh nationwide disruption to NTT Docomo 5G service
NTT Docomo reports another outage affecting 5G standalone customers, with voice calls, mobile data and text messaging disrupted across Japan. - Google Wallet introduces overseas QR payments for travelers
Google’s new Traveler QR feature uses the Alipay+ network to let users pay by scanning QR codes at supported shops, hotels, restaurants and transport services abroad. - GTA 6 preload begins November 10 on PS5 and XboxRockstar Games is opening preloads ahead of the November 19 launch, allowing players to download most of the 212GB game before release day.
- NCCIA DG orders nationwide crackdown on cybercrimeSyed Ali Nasir Rizvi reviews ongoing investigations, pending cases and agency performance, directing officers to speed up operations and improve service delivery.