MG Morning Breeze: Updates to Skim before Market

March 17, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Weekly Market Roundup

Against market expectations of an interest rate cut, the Monetary Policy Committee’s decision to hold the rate at 12% surprised investors, triggering three. Read more

• Trump administration eyes stricter travel limits

The Trump administration is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part. Read more

• CCP approves pre-Merger of NLC, DP World Logistics

The Competition Commission of Pakistan (CCP) has approved the pre-merger application for the establishment of a joint venture. Read more

• SPL partners with G+D to upgrade paper machine PM-2

Security Papers Limited (SPL) has officially signed an agreement with Giesecke+Devrient (G+D). Read more

• Govt keeps petrol price unchanged for fortnight

The federal government has decided to keep petroleum product prices unchanged for the next fortnight while working. Read more

• IMF, Pakistan advance toward next loan disbursement

The head of the International Monetary Fund’s mission to Pakistan said the lender and the government have. Read more

• PM orders crackdown on sugar hoarding

The strict action has been ordered against sugar hoarders and those manipulating supply to create an artificial shortage and inflate. Read more

• Pakistan, IMF edge closer to staff-level deal under EFF

The International Monetary Fund (IMF) and the Pakistani authorities made significant progress toward reaching a Staff. Read more

• Pakistan ratifies 3 ILO conventions to strengthen worker’s rights

Pakistan has ratified three International Labour Organization (ILO) instruments that will improve workers’ rights and protections as well as help empower. Read more

• FBR mandates electronic monitoring of specified good’s production

The Federal Board of Revenue (FBR) has mandated the electronic monitoring of specified goods’ production in Pakistan by amending the Sales Tax Rules of 2006. Read more

• Govt establishes Pakistan Crypto Council

The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate. Read more

• RDA attracts $204m in Feb

Total inflows into Roshan Digital Accounts (RDA) during February 2025 stood at $204 million, bringing the total cumulative inflows into RDA to $9.76 billion. Read more

• Saudi Riyal to PKR exchange rate

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in today’s. Read more

• PKR crosses 280 per USD

The Pakistani Rupee (PKR) slipped to its 52-week low to close at 280.2153 per USD in today’s interbank session, marking the weakest level for the currency. Read more

• Gold prices break records, soar to Rs314,000 per tola

Gold price in Pakistan surged to an all-time high on Friday, with 24-karat gold reaching Rs314,000 per tola. Read more

• SECP to introduce Alternate Dispute Resolution for Islamic finance contracts

The Securities and Exchange Commission of Pakistan (SECP), under its Strategic Action Plan 2024-26 for the development of Islamic finance in the non-bank. Read more

• PSX Closing Bell: Friday Fever

The benchmark KSE-100 Index concluded Friday’s trading session at 115,536.16, showing an increase of 441.93 points or 0.38%. Read more

• PAJCCI calls for immediate action on Pakistan-Afghanistan trade issues

The Government of Pakistan must take immediate action to resolve the worsening trade crisis with Afghanistan. Read more

• OMO Result: SBP injects Rs12.1tr

The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today. Read more

• Weekly SPI increases by 0.22%

Pakistan's short-term inflation increased by 0.22% compared to the previous week, while it fell by 1.97% compared to last year. Read more

• Fertilizer offtake drops 42% YoY in Feb 2025

The country’s overall nutrient offtake in February 2025 stood at 231 thousand tonnes, reflecting a 41.8% decrease compared to February 2024, according to the latest monthly report by the National Fertilizer Development Centre (NFDC). Read more 

• Gul Ahmed to expand sustainability efforts with 4 new wholly owned subsidiaries

The board of directors of Gul Ahmed Textile Mills Limited (PSX: GATM) has approved the formation of four wholly owned subsidiaries to undertake specialized textile operations under sustainable practices. Read more

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