MG Morning Breeze: Updates to Skim before Market

September 12, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Car sales rise 62% in August 2025

The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 61.5% in August 2025, clocking in at 14,050 units compared to 8,699 units recorded in the same month of last year, the latest data from the Pakistan Automotive Manufacturers Association (PAMA) showed today. Read more

• Govt reviews food stocks, plans measures to curb inflation

Government has placed price stability and protection of vulnerable households at the centre of its economic agenda as efforts intensify to contain inflationary pressures across Pakistan. Read more

• Pakistan's Forex Reserves Increase by USD 21.40 Million

The total liquid foreign reserves held by the country stood at US$ 19,680.9 million as of 05-Sep-2025 Read more

• PRL accepts Zahid Mir’s resignation as CEO

The Board of Pakistan Refinery Limited (PSX:PRL), in an emergent meeting held today, accepted the resignation of Mr. Zahid Mir from the position of Managing Director and Chief Executive Officer. Read more

• PSX Closing Bell: Back to the Red

KSE100 Index closed Thursday's trading session at 156,141.24 showing a decrease of 0.56 percent or 879.55 points. Read more

• PKR increases by 4 paisa against USD

The Pakistani rupee (PKR) appreciated by 3.99 Paisa against the US dollar in Thursday's interbank session as the currency settled the trade at PKR 281.564 per USD, compared to the previous session's closing of PKR 281.6039 per USD. Read more

• Pakistan’s exports hold steady at $5.11bn as textile sector leads growth

Pakistan’s exports remained stable at $ 5.11 billion during the first two months of the current financial year 2025–26, with the textile and apparel sector recording a 10% growth, reaffirming its role as the backbone of the export economy. Read more

• Ismail Industries to establish wholly-owned subsidiary in Spain

Ismail Industries Limited (PSX:ISIL) has shared that it plans to set up a wholly-owned subsidiary in Spain which would mark a key step in its international expansion strategy. Read more

• PM stresses need to strengthen Pakistan-Bangladesh relations

Prime Minister Shehbaz Sharif stressed the need to further enhance Pakistan’s relations with Bangladesh. Read more

• Chashma Sugar Mills completes amalgamation of wholly-owned subsidiary

Chashma Sugar Mills Limited (PSX: CHAS) has successfully completed the amalgamation of its wholly-owned subsidiary, Ultimate Whole Foods (Private) Limited, under the approved Scheme of Amalgamation, according to the company's statement issued today. Read more

• Treet Battery expands portfolio with Lithium-Ion technology partnership

Treet Battery Limited (PSX:TBL) has shared a strategic agreement with Highstar Digital Energy Technology (Guangdong) Co., Ltd (Highstar), a leading Chinese manufacturer of energy storage solutions, for the import and sale of lithium-ion batteries in Pakistan. Read more

• Cabinet moves to tackle flood crisis with emergencies

In view of the ongoing monsoon rains and severe flooding, the Federal Cabinet has approved the enforcement of climate and agriculture emergencies across the country to address growing climatic challenges and provide support to farmers hit by the crisis. Read more

• Pakistan, Bahrain to ink MoUs on security

Pakistan and Bahrain have agreed to expand bilateral cooperation in counter-terrorism, anti-narcotics, and immigration matters. Read more

• Avanceon secures high value strategic projects across Middle East

Avanceon Limited (PSX: AVN) has successfully acquired $8.8 million worth of strategic projects across the State of Qatar, Kingdom of Saudi Arabia, and the United Arab Emirates, said a press release issued today. Read more

• Govt to introduce comprehensive tractor policy

A comprehensive Tractor Policy is set to be introduced in Pakistan as part of the government’s broader strategy to boost industrial growth, following the recent finalization of the Industrial Policy. Read more

• Oil prices slip as U.S. demand weakens and supply risks weigh on market

Oil prices edged lower on Thursday, reversing some of the gains made earlier this week, as signs of weaker U.S. demand and rising global supply overshadowed geopolitical concerns in the Middle East and Europe. Read more

• Bank deposits stand at Rs34.3tr in Jul

The total deposits held by scheduled banks have moved down by -3.4% to Rs34.28 trillion in July compared to Rs35.5tr by the end of last month. Read more

• FBR reforms lift tax-to-GDP ratio to 10.24%

The Federal Board of Revenue’s (FBR) ongoing transformation plan, approved by the Prime Minister in October 2024, has raised Pakistan’s tax-to-GDP ratio from 8.8% in 2023-24 to 10.24% in 2024-25, while enforcement-driven revenue rose eightfold compared to last year. Read more

• SBP wins Global Youth Financial Inclusion award

The State Bank of Pakistan (SBP) has been awarded the prestigious Global Youth Financial Inclusion Award at the Alliance for Financial Inclusion (AFI) Global Policy Forum, held from September 2–5 in Namibia. Read more

• Upcoming wheat policy to target farmer welfare and price stability

Pakistan is set to introduce a long-term National Wheat Policy and Wheat Management Strategy for 2025/26, designed to guarantee food security, stabilize prices, safeguard farmers’ incomes, and protect consumers against market shocks and climate-driven risks. Read more

• Asia market flat as Alibaba drops, SoftBank jumps

Asia markets were mixed on Thursday, with major benchmarks in Australia and Hong Kong edging lower, leaving MSCI’s Asia index flat after five straight days of gains. Read more

• Banks record 11% asset growth in first half 2025: SBP

Banks managed to grow their asset base by 11.0% in H1CY25, according to the State Bank of Pakistan's (SBP) Mid-Year Performance Review of the Banking Sector. Read more

• Govt proposes Canadian Parliamentary Friendship Group to boost bilateral ties

The government has proposed the creation of a "Canadian Parliamentary Friendship Group" to deepen bilateral relations and strengthen people-to-people linkages between Pakistan and Canada. Read more

• CCP approves merger of European Dairy Cooperatives

The Competition Commission of Pakistan (CCP) has approved the merger of Milcobel CV with and into Zuivelcoöperatie Friesland Campina U.A. under a merger agreement. Read more

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