MG Morning Breeze: Updates to Skim before Market

September 10, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• CCP approves conglomerate merger in power transformer market

A shareholding acquisition in M/s. Heavy Electrical Complex (Private) Limited has received approval from the Competition Commission of Pakistan (CCP). Read more

• SBP issues draft regulatory framework

State Bank of Pakistan (SBP), in its continuous efforts to strengthen consumer protection and ensure the Fair Treatment of Consumers (FTC), has released the draft regulatory framework titled “Business Conduct and Fair Treatment of Consumers Regulatory Framework (BC&FRF)”. Read more

• Rs155.56bn authorized under PSDP in first two months of FY2025-26

In the first two months (July–August) of the fiscal year 2025-26, Rs155.564 billion out of a total allocation of Rs1,000 billion under the Public Sector Development Programme (PSDP) has been authorized for ongoing and new social sector uplift projects of federal ministries, divisions, and corporations. Read more

• PM directs FBR to trace tax evaders

The Federal Board of Revenue (FBR) has been directed by Prime Minister Shehbaz Sharif to utilise its workforce and engage the private sector to trace tax-evading individuals and companies. Read more

• Digital Pakistan Initiative driving transformation in manufacturing sector

Digital Pakistan Initiative is empowering youth, entrepreneurs, and industry to revolutionize the country’s manufacturing sector. Read more

• Pakistan, Türkiye vow to accelerate expansion of trade

Pakistan and Türkiye reaffirmed their commitment to fast-tracking the expansion and implementation of the Pakistan–Türkiye Trade in Goods Agreement, ensuring that it delivers genuine and balanced market access. Read more

• Pakistan, Kazakhstan set to boost trade and regional connectivity

Pakistan and Kazakhstan have agreed to elevate their relationship into a comprehensive economic partnership, focusing on deeper trade, industrial cooperation, and enhanced regional connectivity. Read more

• PSX Closing Bell: Sky High

The benchmark KSE-100 Index concluded Tuesday's trading session at 156,563.52, showing an increase of 476.22 points or 0.31%. Read more

• PKR remains stable against USD

The Pakistani rupee (PKR) strengthened by 0.95 paisa against the US dollar in Tuesday's interbank session to settle the trade at PKR 281.61 per USD, compared to the previous closing of 281.62. Read more

• Interloop FY25 earnings to plunge 76%

Interloop Limited (PSX: ILP) is projected to post an earnings per share (EPS) of Rs2.71 which shows a steep 76% year-on-year decline. Read more

• Oil prices rise as OPEC+ plans modest output hike

Oil prices rose on Tuesday after OPEC+ informed a smaller-than-expected increase in production, easing fears of oversupply. Ongoing concerns about potential new sanctions on Russia also contributed to expectations of tighter global supply, further supporting the market. Read more

• Pakistan’s digital monitoring under spotlight in new report

Pakistan’s mass surveillance and censorship capacity has been expanded through a global network of companies supplying sophisticated monitoring technologies, Amnesty International revealed in its new report “Shadows of Control”. Read more

• Gold price in Pakistan rises Rs4,100 per tola

Gold price in Pakistan increased on Tuesday, with 24-karat gold being sold at Rs388,100 per tola, up Rs4,100. Read more

• COIED registers 11 new cases, completes 103 disposals in August 2025

The Commission of Inquiry on Enforced Disappearances (COIED) has disposed of 103 cases of missing persons and registered 11 new cases during August 2025, while also preparing to make its KP Registry functional in the third week of September 2025. Read more

• Gold holds above $3,600 as fed rate cut expected

Gold prices surged further on Tuesday, maintaining momentum well above the $3,600 level breached in the previous session, as growing expectations of a U.S. interest rate cut weighed on the dollar and Treasury yields, strengthening demand for safe-haven assets. Read more

• Pakistan, Kazakhstan boost bilateral engagement

Pakistan and Kazakhstan have reiterated their resolve to strengthen political and economic cooperation during a meeting between Deputy Prime Minister and Foreign Minister Ishaq Dar and Kazakhstan’s Deputy Prime Minister and Foreign Minister Murat Nurtleu in Islamabad. Read more

• Pakistan, UAE reaffirm commitment to strengthen naval cooperation

Pakistan and the United Arab Emirates have reiterated their commitment to enhancing bilateral defense cooperation during a meeting between Commander of the UAE Naval Forces, Major General Humaid Mohammed Abdullah Alremeithi and Chief of the Naval Staff Admiral Naveed Ashraf at Naval Headquarters in Islamabad on Monday. Read more

• Pakistan calls for unity to fight climate change: Ahsan Iqbal

Pakistan was urged to adopt a robust national action plan and foster unity to tackle the growing threat of climate change, Federal Minister for Planning Ahsan Iqbal emphasized. Read more

• National Foods profit soars 58%

National Foods Limited (PSX: NATF) has reported a profit after tax of Rs4.42bn for the year ended June 30, 2025 which showed a 58.1% increase compared to Rs2.79bn earned in FY24. Read more

• Pakistan to align spectrum roadmap

The government has reaffirmed its commitment to advancing Pakistan’s digital transformation through an effective spectrum policy Read more

• China’s Xpeng expands Mona brand beyond borders

Xpeng plans to launch its mass-market Mona brand in overseas markets next year, intensifying competition with Chinese peers and established global automakers in the electric vehicle (EV) sector. Read more

• Saudi Riyal available at PKR 75.30 in open market

The current exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) against the Pakistani Rupee (PKR) as of [10 am PST] showed minor movements in today’s session, maintaining a largely stable trend. Read more

• Govt reviews progress on $90m Agriculture Resilience Fund

The Government welcomed progress on Acumen’s $90 million Agriculture Resilience Fund for Pakistan, which seeks to promote climate-smart agriculture through innovative blended finance. Read more

• Govt signs major MoU with USSM for critical minerals development

Pakistan on Monday signed a landmark Memorandum of Understanding (MoU) with United States Strategic Metals (USSM), a Missouri-based company specializing in critical minerals, marking an initial $500 million investment into the country’s mineral sector. Read more

• Pakistan’s outstanding external debt, liabilities reach $135bn in FY25

Pakistan’s external debt and liabilities (outstanding) reached $134.97bn at the end of FY25, reflecting an increase of $4.792bn or 3.68% QoQ, the central bank data showed on Tuesday. Read more

• Dedicated freight corridor to boost cargo movement from Karachi Port

The government has signed Phase-I of the Dedicated Freight Corridor (DFC), a landmark project aimed at significantly boosting Pakistan Railways’ freight capacity. Read more

• Pakistan pays debt servicing $1.35bn in FY25

The federal government has paid $1.35 billion in interest on its external debt during the fiscal year ending June 30, 2025, marking a significant 10% decrease from the $1.51bn paid in the previous year, according to State Bank of Pakistan (SBP) data released today. Read more

• Govt domestic debt, liabilities rise to around Rs55tr in June

The total government domestic debt and liabilities have increased by 14.59% to Rs54.69 trillion in June 2025, compared to Rs47.72tr in June 2024, the latest data released by the State Bank of Pakistan (SBP) showed. Read more

• National Savings Schemes see over Rs29bn inflow in June

The net receipts of Savings Mobilized by National Savings Schemes (NSS) stood at Rs29.36 billion in June as compared to receipts of Rs27.54bn in the previous month, the latest data issued by the State Bank of Pakistan (SBP) showed today. Read more

• Beco Steel signs agreement for 2MW solar power project

Beco Steel Limited (PSX: BECO) has entered into an agreement with a renewable energy solutions provider for the installation of a 2-megawatt (MW) solar power generation system at its plant premises in Badami Bagh, Lahore. Read more

• Central govt debt rises to Rs78tr in June

The total debt of the central government went up by 13.02% YoY to Rs77.89 trillion in June 2025, compared to Rs68.91tr in June 2024, the data released by the State Bank of Pakistan (SBP) showed. Read more

• Asia stocks edge higher on tech momentum

Asia-Pacific markets traded mostly higher Tuesday, tracking Wall Street gains boosted by tech stocks. South Korea’s Kospi added 0.35%, while the small-cap Kosdaq rose 0.19%. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more

Copyright Mettis Link News