News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

PSX Plunges By Over 4,100 Points After US Illegally Bombs Iran

The KSE-100 index of the Pakistan Stock Exchange (PSX) lost over 4,100 points on Monday, a negative change of roughly 3....

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Pace Pakistan Limited to Sell Key Assets in Major Restructuring Plan

Pace (Pakistan) Limited has announced a sweeping restructuring plan that includes asset disinvestments, major equity iss...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

Govt Introduces Rs. 36 Billion in New Taxes in Budget 2025

The government has introduced new revenue measures amounting to Rs. 36 billion, including the imposition of a 10 percent...

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News Update

23

Jun 2025

Jun 23, 2025 • 5 min read

PSX Opens Over 2,000 Points Down After US Attack on Iran

The KSE-100 index of the Pakistan Stock Exchange (PSX) opened over 2,000 points down on Monday, a negative change of rou...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

Pakistan’s Inflation Likely to Hit 9-Year Low

Pakistan’s average inflation is expected to fall sharply to 4.51 percent in fiscal year 2024-25, down from 23.41 percent...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

Govt Orders Oil Firms to Maintain 20-Day Fuel Reserve As US Enters War Against Iran

In light of escalating regional tensions, the Oil & Gas Regulatory Authority (OGRA) has issued an emergency directive to...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget

The Chainstore Association of Pakistan (CAP) and the Pakistan E-Commerce Association (PEA), together with a broad coalit...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

Iran Set to Shut Down Strait of Hormuz, Red Sea

Iran is set to completely close off the strategically critical maritime chokepoint famously known as the Strait of Hormu...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

Iran, Europe Could Ban Pakistani Mango Exports Over Alleged Certification Fraud

Pakistan’s mango exports are facing renewed scrutiny following serious allegations of non-compliance with international...

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News Update

22

Jun 2025

Jun 22, 2025 • 5 min read

Only 3% of 5 Million Retailers Accept Digital Payments Via POS Machines: SBP

Despite major developments in Pakistan’s digital payments infrastructure, only 151,000 retailers out of over 5 million M...

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News Update

21

Jun 2025

Jun 21, 2025 • 5 min read

Here is How Much Pakistanis Are Spending on Online Apps

Newly released figures by the Federal Board of Revenue (FBR) at the National Assembly Standing Committee show that Pakis...

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News Update

21

Jun 2025

Jun 21, 2025 • 5 min read

Adamjee Insurance to Offload 6.5% Stake in Subsidiary

Adamjee Insurance Company Limited (PSX: AICL) has announced plans to offload 16.25 million shares, equivalent to 6.5 per...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

Govt to Re-Import 750,000 Tons of Sugar After Exporting Same Volume

The federal government has decided to import 750,000 metric tons of sugar after exporting 765,734 tons earlier in FY2024...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

PM Orders Crackdown Against Hoarders, Speculators Who Manipulate Sugar Rates

The government has decided to launch a major crackdown against sugar hoarders and speculators involved in artificially i...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

Lucky Cement Confirms ‘Unidentified Object’ Hit its Plant in Iraq

Lucky Cement Limited (PSX: LUCK) Friday confirmed that its cement plant in Iraq was hit by an unidentified flying object...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

Rupee Hits 391 Against British Pound in Open Market

The Pakistani rupee (PKR) closed in red 8th day in a row against the US Dollar (USD) and declined further against the Br...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

Gas Bills Set to Rise As Govt Hires Audit Firm to Help Determine New Rates

The Petroleum Division is working with audit firm KPMG to decide which domestic consumers should face a hike in gas sale...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

PM Orders Expansion of PNSC Fleet to Save $4 Billion in Maritime Trade Costs

Prime Minister Shehbaz Sharif on Friday directed the relevant authorities to prepare a business plan for Pakistan Nation...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

Lt. General Sajjad Ghani (Retd) Resigns as WAPDA Chairman

Water and Power Development Authority (WAPDA) Chairman Lt. General Sajjad Ghani (retd) tendered resignation from his pos...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

FBR Pushes to Cancel Banks’ Special Tax Privileges in Budget

The Federal Board of Revenue (FBR) has recommended abolishing the Seventh Schedule of the Income Tax Ordinance 2001 to s...

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News Update

20

Jun 2025

Jun 20, 2025 • 5 min read

IMF Allows Import of 5 Year Old Used Vehicles

The International Monetary Fund (IMF) has approved the federal government’s proposal to allow the commercial import of f...

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News & Updates

PSX Plunges By Over 4,100 Points After US Illegally Bombs Iran

Pace Pakistan Limited to Sell Key Assets in Major Restructuring Plan

Govt Introduces Rs. 36 Billion in New Taxes in Budget 2025

PSX Opens Over 2,000 Points Down After US Attack on Iran

Pakistan’s Inflation Likely to Hit 9-Year Low

Govt Orders Oil Firms to Maintain 20-Day Fuel Reserve As US Enters War Against Iran

E-Commerce Industry Urges Govt to Rework Harsh Tax Measures in Budget

Iran Set to Shut Down Strait of Hormuz, Red Sea

Iran, Europe Could Ban Pakistani Mango Exports Over Alleged Certification Fraud

Only 3% of 5 Million Retailers Accept Digital Payments Via POS Machines: SBP

Here is How Much Pakistanis Are Spending on Online Apps

Adamjee Insurance to Offload 6.5% Stake in Subsidiary

Govt to Re-Import 750,000 Tons of Sugar After Exporting Same Volume

PM Orders Crackdown Against Hoarders, Speculators Who Manipulate Sugar Rates

Lucky Cement Confirms ‘Unidentified Object’ Hit its Plant in Iraq

Rupee Hits 391 Against British Pound in Open Market

Gas Bills Set to Rise As Govt Hires Audit Firm to Help Determine New Rates

PM Orders Expansion of PNSC Fleet to Save $4 Billion in Maritime Trade Costs

Lt. General Sajjad Ghani (Retd) Resigns as WAPDA Chairman

FBR Pushes to Cancel Banks’ Special Tax Privileges in Budget

IMF Allows Import of 5 Year Old Used Vehicles

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