Dear Learned Recipient

590+ Taxes & Levies (including FED, GIDC, Budgets, IMF, ORS/BS 19+ FST cum Customs Duty but excluding those which are exclusively about Customs Duty)

1.         FBR official Tariq Aziz retires-BR

2.         Tax assessment proceedings: FBR denies access to ‘order sheets’ despite IHC directive-BR

3.         FBR making all-out efforts to eliminate non-duty-paid cigarette production-TN

4.         FBR Approves Tax Credit for Video Analytics Installation in Textile Spinning Units-PK

5.         What Will FBR Do With Hidden Income in Tax Year 2026? You Should Know-PK

6.         40pc tax returns show nil income-DD

7.         Peshawar RTO seals tobacco godowns-DD

8.         How Many Taxpayers Netted? IMF Asks FBR for Monthly Tax Net Report-PK

9.         Senate seeks details of corruption complaints against FBR officials-PK

10.       IMF reforms for Pakistani are not new conditions, says Ministry of Finance-BR

11.       IMF reforms are part of Pakistan’s planned agenda-DTS

12.       IMF flags $30–35bn import data gap, sets condition to review Pakistan’s statistics: report-PPT

13.       Finance Ministry says IMF targets are phased reforms, not new conditions-PPT

14.       Finance ministry clarifies IMF EFF reforms, rejects “new conditions” claims-PK

15.       Provinces’ surplus budget jumps by 117pc on YoY basis in first quarter-TN\

16.       IMF targets dubbed ‘new’ benchmarks do not represent ‘imposition of abrupt conditions’: finance ministry-DD

17.       Structural benchmarks under IMF EFF aligned with government reform agenda: Ministry of Finance-APP

Economy & Inflation matters (including Import, Export & CPEC)

1.         Economists say no policy rate cut expected-BR

2.         Air pollution is an economic risk, moot told-BR

3.         Economists warn 19% US tariff is hitting Pakistan’s export engine-DTS

4.         China, Hong Kong stocks fall on gloomy economic data, Vanke default risks-BR

5.         South Belt Manufacturing Can Boost Pakistan-DTS

6.         Pakistan out of economic woes; major indicators wonderful: PM-APP

7.         Malik hails govt performance amid challenges-DTS

8.         Malik hails govt performance amid challenges-APP

9.         Indonesia encourages its business community to explore untapped markets: CG-BR

10.       FPPCI’s BMP urges NFC to rethink revenue distribution mechanism-BR

11.       EDITORIAL: Why do Pakistani doctors in US need help to invest in their own country?-BR

12.       WASA divided into 13 zones to ensure prompt service delivery-APP

13.       Timely weeds control vital for boosting wheat yield-TN

14.       China’s foreign trade up 3.6pc in first 11 months-TN

15.       Discrepancies in import data: IMF to assess quality, authenticity of Pakistan’s statistics-TNS

16.       Prices of daily-use items in retail market show mixed trend-BR

17.       The mirage of stability-ET

36+ Customs Duty (including PSW)

1.         Port Qasim Releases Daily Shipping Activity Report for December 14, 2025-PK

2.         Falcon-I deploys advance system to monitor transit trade-BR

3.         Pakistan National Shipping Corporation: performance and outlook-BR

4.         Industries demand urgent revival of rail freight-ET

300+ Banking, Finance & Investments (including Monetary Policy, Foreign Exchange, FATF, AML/CFT & NBFC)

1.             Status quo likely as MPC meets for last time this year-BR

2.             SBP likely to hold policy rate at 11pc as inflation concerns call for caution-TNS

3.             SBP pumps Rs10.48tr into banks-ET

4.             SBP likely to hold interest rate at 11% amid inflation risks-DTS

5.             Business groups urge sharp rate cut ahead of SBP policy meeting-TN

6.             'Binance, HTX NOCs didn’t get blanket approval'-TNS

7.             Binance, HTX NOCs first step in crypto regulation, says CEO-DTS

8.             PVARA: Binance, HTX NOCs first step in phased crypto regulation-PPT

9.             Pakistan investment slumps, could hit historic low below 13% of GDP-PPT

10.           EDITORIAL: Data upgrade by ADB needs a revisit-BR

11.           Pakistan accelerates digital-asset overhaul with Binance tokenisation pact-PPT

12.           APBF urges govt to reduce excessive reliance on IMF loans, donors funding-TN

13.           Asad Umar raises concerns over $2bn Binance deal-TN

14.           Issuance of NOC to two global cryptocurrency exchanges to enhance digital assets: Bilal-TN

Market (Stock, Currency, Gold, Textile, Cotton & PMEX)

1.               Stocks surge, KSE-100 gains nearly 900 points ahead of MPC-BR

2.               Stocks slip ahead of central bank decisions, key data-BR

3.               PSX to continue bullish momentum next week-TNS

4.               KSE 100-share index fluctuations-DD

5.               Pakistan’s dual economies: stock market boom and a factory floor bust-ET

6.               Currencies on guard ahead of major central bank decisions, US data releases-BR

7.               Intra-day update: rupee records gain against US dollar-BR

8.               Rupee may come under pressure amid higher imports-TNS

9.               Current Foreign Currency Exchange Rates in Pakistan – December 14, 2025-PK

10.             Pakistani rupee strengthens, likely to remain stable into 2026-PK

11.            Gold rises on softer dollar, yields as markets eye US jobs data; silver steadies-BR

12.            Weekly Cotton Review: Spot rate up Rs100 amid sharp drop in trading volume-BR

13.            Agriculture: The road to cotton revival-DD

14.            Textile sector faces layoffs, shutdowns as export growth slows: PTC chairman-BR

15.            APTMA sees no relief under IMF programme-BR

16.            PTC says high costs eroding textile sector competitiveness-BR

17.            Textile sector faces layoffs, shutdowns as export momentum weakens: PTC-TN

18.            Pakistan textile sector losing ground to regional rivals on costs, warns PTC-PPT

19.            China’s factory output, retail sales weaken in November-BR

POL, Gas, other Minerals & Electricity (including Solar & Water)

1.         Oil rises as Venezuelan supply disruptions outweigh surplus concerns-BR

2.         Egypt proposes unified Arab emergency oil and gas purchase mechanism-BR

3.         Palm falls on Dalian weakness, firmer ringgit-BR

4.         China’s November crude oil throughput up 3.9% on fresh import quotas-BR

5.         SNGP to install 300,000 LNG connections this year-PPT

6.         Strategic projects: PM orders ministries to speed up work-BR

7.         KP completes 3 hydropower projects of 63 MW-BR

8.         BR RESEARCH: Power tariffs flatten; focus should move to investment-BR

9.         Crackdown on power theft: K-Electric conducts operation in Gulistan-e-Jauhar-TN

10.       Power consumers to pay Rs278b on account of Debt Service Surcharge in FY2025-26-TN

11.       Punjab moves to set up provincial electric power regulatory authority by end of FY26-PPT

12.       Power sector plagued by inefficiencies, massive losses: PIAF-TN

Weather Updates

1.         The Weather-BR

2.         Heavy rain, snow alert across Pakistan-DTS

3.         PMD Releases Pakistan Weather Forecast for December 15, 2025-PK

Other Pakistan

1.         PM vows to eliminate all forms of terrorism from country-TN

2.         PM Shehbaz, President Pezeshkian appreciate Pak-Iran strong bilateral support during external aggression-APP

3.         PM condoles death of citizens in terrorist attack in Sydney-APP

4.         Nation recognised by its historical heritage: Dr Ehsan Bhutta-BR

5.         UVAS vice-chancellor wins PAS Gold Medal-BR

6.         Work on Lilla-Jhelum Road: FWO officials brief Kayani-BR

7.         City’s uplift projects are long-term investments in quality of life: CM-TNS

8.         PTI urges end to IK’s ‘solitary confinement’, restoration of basic rights-BR

9.         FIA uncovers Cambodia-based human smuggling network-BR

10.       Vehicle registration: KP CM inaugurates digital PRM system-BR

11.       Punjab govt accelerating efforts to uplift sacred sites-BR

12.       SHC dismisses bail plea in murder, attempt to murder case-TNS

13.       Embattled PTI gears up for another push for 'Haqiqi Azadi'-ET

14.       IHC to hear eligibility challenge against Justice Jahangiri-ET

15.       Aseefa urges active public support as nationwide polio drive begins today-TNS

16.       Pakistan condemns drone attack on UN peacekeepers in Sudan-TN

17.       Rana Sanaullah alleges Bajwa ordered narcotics case against him-TN

18.       President congratulates Sultan Golden on setting world record-APP

19.       New law opens govt assets to public-DTS

20.       Pak, UK enjoy a longstanding relationship rooted in shared history, linkages: PM-APP

21.       Pak Navy reaffirms operational readiness through firepower display-APP

22.       CM Maryam Nawaz Sharif Congratulates Federal Law Minister Azam Nazir Tarar on Pakistan Bar Council Election Victory-APP

23.       Minister pledges expanded Pakistan–Italy archaeological cooperation at 70th anniversary celebration-APP

24.       Ayaz lauds security forces for successful operations in KPK-APP

The below news items are extracted after sending yesterday email:

(A) Six Newspapers Websites [Business Recorder (BR), Daily Dawn (DD), Express Tribune (ET), The News (TNS), The Nation (TN) & Associated Press of Pakistan (APP)] and

(B) Three other Business Websites [Pakistan Revenue (PK), Profit Pakistan Today (PPT) & Daily Times (DTS)]

(C) The above areas are covered by average 5 specialized team members, covering about 16 hours per day at different timing slots, under the Leadership of Mr Asif S Kasbati (FCA, FCMA & LLB).

If your Goodself gets this email without Links, please contact us immediately.

Best regards

Kasbati & Co Team

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