AGIC Begins Restructuring Plan for AskTech Subsidiary to Streamline Operations
AGIC initiates restructuring of its wholly owned subsidiary AskTech, aiming to reassess operations and improve group efficiency and capital allocation.
OICCI Pushes Tax Cuts, Wider Tax Net in Pakistan Budget 2026–27 Consultations
OICCI proposes corporate tax cuts, removal of super tax, and tax base expansion in Pakistan’s FY2026–27 budget consultations with Finance Ministry.
Pakistan Upsizes Eurobond to $750M After Strong Global Investor Demand
Pakistan upsizes its Eurobond to $750 million via greenshoe option after strong investor demand, signaling renewed confidence in economic outlook and market access.
Pakistan Exports to Kenya Rise 32% as Trade Expands Across East Africa
Pakistan’s exports to Kenya surge 32% to $319.9 million in 9MFY26, driven by rice, textiles, IT services, and expanding East Africa trade routes.
SBP Conducts Rs285 Billion Buyback Auction in 5-Year Floating Rate PIBs
State Bank of Pakistan buys back Rs285.3 billion in 5-year floating rate PIBs through auction, signaling active liquidity and debt management operations.
UN Warns Asia-Pacific Growth Slowing as Middle East Conflict Hits Economy
UN ESCAP report says Asia-Pacific developing economies face slowing growth to 4% in 2026 amid Middle East conflict, inflation risks, and energy pressures.
SBP Governor Highlights Economic Stability Gains and FX Reserve Growth in Investor Briefings
SBP Governor Jameel Ahmad briefs global investors on Pakistan’s improving macroeconomic indicators, rising FX reserves, and growth outlook amid external risks.
UAE in Talks with US Over Potential Financial Backstop Amid Iran War Economic Risks
UAE is reportedly in talks with US officials for a possible currency swap line amid economic risks from the Iran conflict, according to WSJ reporting.
Asia Tightens Bank Cybersecurity Oversight Amid Concerns Over Anthropic Mythos AI
Regulators across Asia intensify scrutiny on banks as Anthropic’s Mythos AI sparks concerns over advanced cyber threats and financial system vulnerabilities.
OICCI Calls for Tax Net Expansion and Lower Corporate Rates Ahead of Pakistan Budget 2026-27
OICCI proposes tax reforms including lower corporate tax, removal of super tax, and digitization to support investment and compliance in Pakistan’s FY27 budget.