News & Updates

News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Govt Expects Inflation to Remain At 3-4% in June 2025

Inflation is expected to remain within the range of 3.0-4.0 percent for June 2025, the Finance Division said in its Mont...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

China Rolls Over $3.4 Billion Loans to Pakistan

China has rolled over $3.4 billion in loans to Pakistan, Reuters reported. The rollover includes $2.1 billion that has r...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

StockIntel Revolutionizes Pakistan’s Investment Landscape with Direct Brokerage Integration

StockIntel, a leading analytics and trading platform by Capital Stake, today announced a groundbreaking integration that...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

PBA Strongly Refutes Misleading Claims on Remittance Subsidies

The Pakistan Banks Association (PBA) strongly rejects misleading assertions in recent press coverage suggesting that gov...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

World Bank Appoints New Country Director for Pakistan

Bolormaa Amgaabazar is the new World Bank Country Director for Pakistan effective July 1. She is succeeding Najy Benhass...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Merit Packaging Approves Rs. 1 Billion Asset Sale to Kompass Pakistan

Shareholders of Merit Packaging Limited (PSX: MERIT) have given their approval for the sale of key assets, including the...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Govt Seeks Slight Tariff Increase in May FCA

Electricity consumers may face a price hike of Rs. 0.10 per unit as the Central Power Purchasing Agency (CPPA) has reque...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Gold Starts New Week With Another Price Increase

The price of 24 karat gold increased by Rs. 800 per tola and was traded at Rs. 350,200 on Monday as compared to its sale...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

What is Pakistan’s Premier Bank Doing in the Dairy Industry?

When we think of Pakistan’s agricultural landscape, our minds often drift to cotton fields swaying in the breeze or the...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

98% of Pakistani Consumers Proactively Secure Online Transactions: Study

A new study commissioned by Visa reveals a rise in consumer awareness and proactive security measures for digital paymen...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

FBR Misses FY25 Tax Collection Target By Almost Rs. 1.5 Trillion

The Federal Board of Revenue (FBR) has failed to achieve its revenue collection target for the current fiscal year 2024-...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

CCP Clears Share Acquisition of Mitchell’s Fruit Farms by CCL Holding

The Competition Commission of Pakistan (CCP) has approved the acquisition of a 40.63 percent shareholding of Mitchell’s...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Govt Asks NEPRA to Implement Uniform Electricity Tariff Rates Nationwide

The federal government has formally requested the National Electric Power Regulatory Authority (NEPRA) to implement a un...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Pakistan Credit Rating Agency Makes Debut on PSX GEM Board

The Pakistan Stock Exchange (PSX) today hosted a prestigious gong ceremony in Lahore to commemorate the official listing...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

FIA Probes Golden Visa Holders Having Undeclared Property in UAE

A major crackdown is underway against resident Pakistanis who have invested at least AED 2 million in UAE property but h...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Listed Steel Companies to Flourish As Govt Extends Duty on Chinese Imports

The National Tariff Commission (NTC) has extended the existing anti-dumping duty (ADD) of up to 40.47 percent on imports...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

CDNS Issues New Withholding Tax Rates on National Saving Schemes

The Central Directorate of National Savings (CDNS) has announced new withholding tax rates on National Saving Schemes Th...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Rupee Recovers to 394 Against British Pound in Open Market

The Pakistani rupee (PKR) posted losses second day in a row against the US Dollar (USD) but posted gains against the Bri...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

Finance Minister Off to Spain to Pitch Pakistan’s Debt Relief Plan

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, departed from Islamabad today for Seville, Spain,...

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News Update

30

Jun 2025

Jun 30, 2025 • 5 min read

PSX Ends FY25 on a High to Close Above 125,000 Level

The KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 1,248 to close at 125,...

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News Update

29

Jun 2025

Jun 29, 2025 • 5 min read

71% Bank Accounts in Pakistan Have Balance of Less Than Rs. 50,000

Just 3 percent of bank accounts in Pakistan have a balance of over Rs. 1 million, according to central bank data The dat...

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