News & Updates

News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

Ransomware Attack Disrupts PPL’s IT, Financial Operations

Pakistan Petroleum Limited’s IT systems have allegedly been down for two days after a ransomware attack by a group calli...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

MSCI Adds One More PSX Company to its Frontier Markets Index

MSCI has announced its August 2025 Index review, wherein 1 new stock of Pakistan is added to the frontier market index,...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

FBR to Charge 4% Withholding Tax on IT Services in FY26

The Federal Board of Revenue (FBR) has confirmed that the withholding tax rate for IT and IT-enabled services will remai...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

CDA Declares 99 Housing Societies Illegal

The Capital Development Authority (CDA) has identified 99 housing societies in Islamabad as illegal. Officials stated th...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

ASA Microfinance Bank Appoints Ahmed Naazer Minhaj As President, CEO

Ahmed Naazer Minhaj has been appointed as President & CEO of ASA Microfinance Bank by the board of directors of the bank...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

GSMA Identifies Urgent Steps to Unlock Pakistan’s $1.4 Trillion Digital Potential

The GSMA today hosted the second edition of its Digital Nation Summit in Islamabad, recognizing the Ministry of Informat...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

CCP Collects Rs. 90 Million Fine from Two Appliance Brands for Price-Fixing

The Competition Commission of Pakistan (CCP) has received a total amount of Rs. 90 million from two electronic home appl...

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News Update

08

Aug 2025

Aug 08, 2025 • 5 min read

FBR to Restructure PRAL into New Digital Tax Entity Without Service Disruption

The Federal Board of Revenue (FBR) will restructure Pakistan Revenue Automation (Pvt.) Limited (PRAL) into a new, state-...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Electricity Consumers Across Pakistan to Get Rs. 1.8 Per Unit Discount

Announcing its decision on the requests filed by Ex-Wapda Distribution Companies (X-DISCOs), National Electric Power Reg...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

CDA Recovers 60 Kanals Encroached Land in Islamabad

The Capital Development Authority (CDA) is stepping up its campaign against illegal encroachments across Islamabad with...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

SECP Unveils Reforms To Strengthen Mutual Funds Industry

The Securities and Exchange Commission of Pakistan (SECP) has introduced a series of regulatory and developmental measur...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Sindh to Launch CNIC-Based Vehicle Registration System

The Sindh cabinet on Thursday approved the launch of CNIC-based vehicle registration system, following in the footsteps...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

SBP Reserves Fall for Third Straight Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $72 million on a weekly basis according t...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Businessmen Urge Govt to Tap US Tariff Advantage for Export Growth

Businessmen have urged the government to capitalize on the US tariff competitive advantage over various regional economi...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

SECP Cracks Down on Insider Trading

The Securities and Exchange Commission of Pakistan (SECP) has taken decisive action against insider trading by filing a...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

PSX Continues Record-Breaking Run as KSE-100 Index Hits 145,647 points

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued its bullish trend on Thursday, gaining 559 points...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

British Pound Climbs Back Above Rs. 382 in Open Market

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) but posted big losses against the British Pound (G...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Balancing Customer Trust, Security, and Innovation Critical to Advancing Digital Financial Inclusion: Jahanzeb Khan

Jahanzeb Khan, President & CEO of easypaisa digital bank, emphasized the importance of customer trust, robust security,...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Bank Alfalah Onboards 29 Future Leaders in the 11th Batch of its Management Trainee Program

Bank Alfalah, one of Pakistan’s leading commercial banks, has welcomed 29 outstanding individuals into the 11th batch of...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

Govt May Give One Last Chance to Redeem Discontinued Prize Bonds

Minister of State for Finance Bilal Azhar Kiyani Thursday announced that 99.5 percent of discontinued bearer prize bonds...

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News Update

07

Aug 2025

Aug 07, 2025 • 5 min read

NAB Auctions Three Bahria Town Properties for Rs. 2.26 Billion

The National Accountability Bureau (NAB) on Thursday auctioned six prime commercial properties belonging to Bahria Town,...

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