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Pakistan’s automotive industry has warned that lower duties on completely built-up vehicle imports could weaken local assembly, parts manufacturing and employment. Industry representatives are seeking a wider tariff gap between imported finished vehicles and locally produced units while also calling for lower domestic taxes and stronger support for localisation.
Gold prices in Pakistan rose on Wednesday, with the per-tola rate increasing by Rs800 to Rs462,936 and 10 grams climbing Rs686 to Rs396,893. International gold gained $8 to $4,404 an ounce, while silver in Pakistan rose Rs72 to Rs7,141 per tola.
Pakistan has increased petrol by Rs5.58 per litre to Rs364.35 and high-speed diesel by Rs4.18 to Rs385.95, with the revised rates effective from September 9. The adjustment comes under the government's daily fuel pricing mechanism amid continued volatility in international oil markets.
The Pakistani rupee gained Re0.03 against the US dollar on Tuesday, closing at 277.37 in the interbank market compared with 277.40 a day earlier. The marginal appreciation came as global currency markets shifted and oil prices climbed amid renewed Middle East tensions.
Gold prices in Pakistan fell by Rs1,000 per tola to Rs462,136 on Tuesday, while the 10-gram rate declined by Rs857 to Rs396,207 as international bullion slipped to $4,396 an ounce. Silver moved higher by Rs10 to Rs7,069 per tola, while gold recorded its second consecutive daily decline.
A new local tax is being proposed for Islamabad as authorities examine plans to give the federal capital a more autonomous administrative structure. The FBR is expected to prepare the initial framework, while the proposal may also be discussed during Pakistan's upcoming IMF economic review.
Pakistan has raised petrol by Rs12.90 per litre to Rs358.77 and high-speed diesel by Rs3.72 to Rs381.77, with the revised rates taking effect on September 8. The sharp petrol increase is expected to raise commuting and transport costs while adding fresh pressure to inflation-sensitive households and businesses.
Pakistan's fisheries exports have reached a record $570 million, with the Marine Fisheries Department saying renewed European market confidence has supported the sector's growth. Officials believe exports could eventually reach $3 billion if Pakistan expands value-added seafood production and maintains international market access.
The Pakistan Airports Authority has raised the minimum monthly wage for outsourced employees to Rs40,700, effective from July 1, 2026. Contractors have been directed to implement the revised rate, while the authority has sought a detailed report on outsourced personnel to monitor compliance.
PAEC and Pakistan State Oil have signed an agreement for PSO fleet cards and discounted bulk supplies of petroleum products and lubricants. The partnership is intended to improve fuel management, supply reliability, transparency and operating efficiency across PAEC's requirements.
OGDC has reported a record Rs242.374 billion profit after tax for FY2025-26, up 43%, while declaring its highest-ever annual dividend of Rs17 per share. The company also reported stronger production, nine discoveries, record reserve replacement and an estimated $3.31 billion in foreign-exchange savings through import substitution.
Pakistan and Australia have agreed to expand cooperation in agricultural research, climate resilience, biosecurity, water management and farm trade. The partnership will focus on practical farmer-oriented research, stronger plant-health systems, improved export access and new technical initiatives involving Pakistani and Australian institutions.
