MG Morning Breeze: Updates to Skim before Market

April 03, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Trade tensions rise as Trump’s tariff plan nears

Global investors are close to getting some clarity on the Trump administration’s tariff plans on Wednesday, but with little detail. Read more

• CPI for March likely to clock in at 0.5%

The Consumer Price Index (CPI) for March 2025 is estimated at 0.5% YoY. Read more

• SBP maintains rate of Special Cash Reserve Account at 3.32% for April

The State Bank of Pakistan (SBP) has maintained the rate of remuneration for April 2025 on Special Cash Reserve Account (US$) at 3.32. Read more

• Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators. Read more

• Energy reforms underway for competitive, reliable supply: Khurram Schehzad

Energy reforms are underway to ensure competitive and reliable energy, said Advisor to the Finance Minister, Khurram Schehzad. Read more

• Honda Atlas Pakistan makes history with 1st-ever CBU vehicle export to Japan

Honda Atlas Pakistan has officially commenced the export of completely built-up (CBU) vehicles, marking the country’s first-ever export of completely built. Read more

• Gas fire erupts at Korangi Creek, experts suspect gas reservoir

A fire broke out in a gas line at Korangi Creek, leading experts to believe that it might have been caused by a shallow. Read more

• Govt reduces petrol price by Rs 1/litre

The federal government has reduced the petrol price by Rs1 per litre to Rs254.63 per litre for the next fortnight. Read more

• FBR misses tax target by over Rs100bn in March 2025

The Federal Board of Revenue (FBR) has missed its tax revenue collection target for March 2025 by over Rs100 billion. Read more

• IMF reveals new climate, EFF funding for Pakistan

Pakistan will receive $1.3 billion in climate financing and $1bn under the Extended Fund Facility (EFF), revealed IMF Director of Communications Julie. Read more

• Pakistan, China transitioning toward deeper cooperation: FinMin

Pakistan and China are transitioning from infrastructure cooperation to deeper, multidimensional collaboration in technology, finance, and trade under the. 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

• Meezan Bank, ICAP partner to establish Centre for Islamic Finance

Meezan Bank, Pakistan’s leading Islamic bank, and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter of Intent (LOI). Read more

• Gold prices hit new peak in Pakistan

Gold prices in Pakistan surged on Friday, with 24-karat gold reaching a new peak at Rs323,380 per tola, marking an increase of Rs2,380. Read more

• SBP releases second Quarterly Payment Systems review for FY25

The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25, providing a summary of payment systems and presenting notable. Read more

• Govt unveils strategy to boost exports, strengthen economy: FinMin

The government is implementing a comprehensive strategy to increase national exports, with a strong focus on improving the economy. Read more

• Central govt debt rises by 13% YoY in Feb

The total debt of the central government increased by 12.69% YoY to Rs73.04 trillion in February 2025. Read more

• Govt domestic debt, liabilities rise 19% YoY in Feb

The total government domestic debt and liabilities have increased by 18.81% to Rs51.28 trillion in February 2025, compared to Rs43.17tr in February 2024. Read more

• PKR increases by 5 paisa against USD

The Pakistani rupee (PKR) strengthened by 5.27 paisa or 0.02% against the US dollar in Friday’s interbank session to settle the trade at PKR 280.16 per USD. Read more

• National Savings Schemes see Rs23bn inflow in Feb

The net receipts of Savings Mobilized by National Savings Schemes (NSS) stood at Rs23.33 billion. Read more

• OMO Result: SBP injects Rs2.6tr

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

• Pakistan’s winter energy relief plan eases electricity expenses

A three-month electricity relief package was introduced in November 2024 under the “Bijli Sahulat” winter incentive program. Read more

• Weekly SPI decreases by 0.15%

Pakistan’s short-term inflation decreased by 0.15% compared to the previous week, while it fell by 1.26% compared to the same period last year, the Pakistan. Read more

• SECP introduces key reforms in corporate governance rules

The Securities and Exchange Commission of Pakistan (SECP) has made amendments to the Listed Companies (Code of Corporate Governance). Read more

• Weekly Market Roundup

The capital market kicked off the week on a negative note as investors succumbed to selling. Read more

• SECP enhances disclosure rules for fund manager reports

The Securities and Exchange Commission of Pakistan (SECP) has issued a circular introducing enhanced disclosure requirements. Read more

• Oil holds strong despite slight dip, heads for weekly gain

Oil prices eased a touch but held near one-month highs on Friday as they headed for a third weekly gain on a tightening global supply outlook after the U.S. Read more

• India considers major tariff cuts on $23bn U.S. imports

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating. Read more

• Japan putting ‘all options on table’ in dealing with US auto tariffs

Tokyo will put “all options on the table” in dealing with Washington’s announcement to impose a 25% tariff on automobile imports, said Japanese Prime Minister. Read more

• SECP introduces KFS requirements for asset management companies

The Securities and Exchange Commission of Pakistan (SECP) has introduced new requirements for Asset Management Companies (AMCs) to issue Key Fact Statements. Read more

• Pakistan’s short-term FX liabilities reach $31bn

Due to maturing foreign currency loans, securities, and deposits, Pakistan’s foreign currency assets are expected to see a net outflow of $30.6 billion. Read more

• Pakistan to cut electricity costs to boost manufacturing, exports

Pakistan is planning to lower electricity costs as part of a broader plan to bring relief to manufacturers and increase exports in a move that comes shortly. Read more

• Pakistan, Russia to enhance trade & energy cooperation

Pakistan to enhance economic, trade, and investment ties with Russia, particularly in the fields of energy, trade, and industrial collaboration. Read more

• CCP approves Engro’s $563m acquisition of Jazz’s tower subsidiary

The Competition Commission of Pakistan (CCP) has given its approval for Engro Corporation to acquire Deodar (Pvt.) Ltd. Read more

• Asian stocks slide as U.S.-China trade tensions escalate

Asian stocks fell on Friday with heavy selling in South Korea and Japan while safe-haven gold hit a record high as the latest tariff salvo from U.S. Read more

• PSX, CSE & DSE sign tripartite MoU at Invest Sri Lanka Forum 2025

A tripartite Memorandum of Understanding (MoU) was signed among the Pakistan Stock Exchange (PSX), Colombo Stock Exchange (CSE), and Dhaka Stock Exchange. Read more

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