News & Updates

News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Govt Proposes Over Rs. 300 Billion PSDP Funds for Key Road Projects in FY26

Ahead of the federal budget 2025-26, the government has proposed allocations of over Rs. 300 billion for major road and...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Govt Expected to Unveil Rs. 17.5 Trillion FY26 Budget

The federal government is set to unveil the national budget for the fiscal year 2025-26 (FY26), with an estimated total...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Supernet Subsidiary Inks Multi-Million Dollar Cybersecurity Deal With Major Telco

Supernet Limited (PSX: GEMSPNL) has announced that its subsidiary, Supernet Secure Solutions Pvt. Ltd. (Super Secure), h...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Govt Proposes Over Rs. 20 Billion for Space-Related Projects Next Fiscal Year

Ahead of the federal budget 2025-26, the government has proposed allocations of over Rs. 20 billion for major satellite-...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Rupee Continues Depressing Fall Against British Pound, US Dollar Ahead of Budget

The Pakistani rupee (PKR) closed in red second day in a row against the US Dollar (USD) on Wednesday as well as against...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

CCP Approves Foreign Acquisition in Advertising and Media Firms 

The Competition Commission of Pakistan (CCP) has granted approval for three separate merger transactions, allowing Berke...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Cherat Cement and Its Partner Re-Submit Offer to Acquire Attock Cement

Cherat Cement Company Limited (PSX: CHCC) and Shirazi Investments (Private) Limited have jointly announced their intenti...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Bilal Bin Saqib Meets Donald Trump’s Crypto Chief to Team Up on Bitcoin

Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council, met with t...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

IMF Rejects New Tax on Cash, Gold, Allows Relief for Salaried Class

The International Monetary Fund has rejected Pakistan’s proposals to impose a capital value tax on movable assets (cash,...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Trade Deficit Widens 26% in May 2025, Hits $2.6 Billion

Pakistan’s trade deficit widened by 26 percent year-on-year (YoY) in May 2025 to $2.6 billion as compared to a deficit o...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Tech Sector in Jeopardy as Govt Decides to Cut IT Ministry’s Development Budget By Nearly Half

The federal government has decided to slash the development budget of the Ministry of Information Technology and Telecom...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

PSX Suspends Trading in Shares of 8 Listed Companies

Pakistan Stock Exchange has suspended trading in the shares of eight companies for breaching regulations. The suspended...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Codebase Powers Pilot Launch of Pakistan’s First Shariah-Compliant Digital Retail Bank

In a major leap toward financial inclusion and digital transformation, Codebase Technologies has successfully enabled th...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Another Historic Expedition by Sui Northern Gas Mountaineer: Ashraf Sadpara Departs to Conquer Nanga Parbat

Ashraf Sadpara, a renowned mountaineer from the Sui Northern Gas mountaineering team, has embarked on a historic mission...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Big Bird Foods Partners with Alibaba to Tap $350 Billion Global Poultry Market

Big Bird Foods Limited (PSX: BBFL) has signed a strategic agreement with Alibaba Group, the world’s leading e-commerce a...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Central Govt Debt Nears Rs. 75 Trillion

The total public debt stock of the federal government increased by 13.4 percent on a year-on-year (YoY) basis in April 2...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

PTA Exposes Gaps in Call Centre Performances of All Telcos in Q1 2025

The Pakistan Telecommunication Authority (PTA) has successfully conducted a comprehensive survey to assess the Customer...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Takaful Sector Constitutes 12% Share in Pakistan’s Insurance Sector: SECP 

Despite being part of the insurance sector for nearly two decades, Takaful currently constitutes only around 12% of the...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Govt Eyes Rs. 2.86 Trillion Development Budget for Provinces Next Fiscal Year

The federal government is considering a proposal to allocate Rs. 2.869 trillion as the total provincial development budg...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

National Bank of Pakistan Surpasses Rs. 100 Billion Financing

National Bank of Pakistan (NBP) has achieved a major milestone, surpassing Rs. 100 billion in total outstanding loans se...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Phasing Out Super Tax to Unlock Investment and Boost Jobs

Pakistan’s economy stands at a critical juncture. While the government continues to seek investment, boost employment, a...

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