News & Updates

News Update

29

May 2025

May 29, 2025 • 5 min read

Pakistan Starts Work for $40 Billion World Bank Investment Under New 10-Year Plan

The Economic Affairs Division has initiated work on a comprehensive implementation framework for unlocking a $40 billion...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Pakistan Launches its First Sovereign Green Sukuk

The Government of Pakistan, with strategic support from Meezan Bank and the Pakistan Stock Exchange, has launched its fi...

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News Update

29

May 2025

May 29, 2025 • 5 min read

NA Panel Accuses Govt of Illegal Crypto Launch in Pakistan

The National Assembly Standing Committee on Finance on Thursday seriously questioned the government’s decision to form P...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Federal Budget 2025-26 Could Get Delayed Again [Updated]

Update: The federal government has finalized the date for presenting the national budget for the fiscal year 2025-26, en...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Govt Set to Issue New Solar Net Metering Policy Within a Month

Federal Minister for Energy Awais Ahmad Khan Leghari Thursday said that the government has finalized a revised net meter...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Salaried Class Alliance Urges Govt to Increase Tax Exemption Limit in Budget

The Salaried Class Alliance of Pakistan (SCAP) has called on the government to provide immediate relief to the salaried...

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News Update

29

May 2025

May 29, 2025 • 5 min read

SNGPL Issues Notices to Defaulting Consumers

Sui Northern Gas Pipelines Limited (SNGPL) has issued reminder notices to several public sector organizations and depart...

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News Update

29

May 2025

May 29, 2025 • 5 min read

PAFLA, Innovista Ink Deal to Empower Over 50,000 Freelancers

Pakistan Freelancers Association (PAFLA), the national-level representative body of freelancers, and Innovista, a Nation...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Rupee Gains Rs. 2 Each Against Euro, British Pound

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) on Thursday. On a day-on-day (DoD) basis, the inte...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Govt Issues Pakistan’s First Blockchain-Based Computing License to Data Center

Pakistan has issued its first license for Blockchain-based High Performance Computing (HPC) to the Higgs Computing Limit...

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News Update

29

May 2025

May 29, 2025 • 5 min read

CM Punjab Takes Action Against High Chicken Prices

Punjab Chief Minister Maryam Nawaz Sharif has voiced serious concern over the surge in chicken prices across the provinc...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Feroze1888 Mills to Open Subsidiary in Dubai

Textile company Feroze1888 Mills Limited (PSX: FML) has decided to open a wholly-owned subsidiary in Dubai, UAE, the com...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Pakistan’s Foreign Reserves Cross $11.5 Billion After Another Weekly Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $70 million on a weekly basis, according...

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News Update

29

May 2025

May 29, 2025 • 5 min read

FBR Seizes Rs. 80 Million Directly From Kababjees’ Accounts Without Any Warning

MNA Ikhtiar Baig on Thursday informed the National Assembly Standing Committee on Finance and Revenue that FBR has recov...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Govt Considering Import-Cum-Export of Wheat Products: Minister

Minister for National Food Security and Research Rana Tanveer Hussain on Thursday held a meeting with a delegation of th...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Bank Alfalah to Sell Bangladesh Operations

Bank Alfalah Limited (PSX: BAFL) announced on Thursday that its Board of Directors has approved the sale of its Banglade...

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News Update

29

May 2025

May 29, 2025 • 5 min read

India Convinces ADB to Delay $800 Million Loan Package for Pakistan

The Asian Development Bank (ADB) has delayed a $800 million financing package for Pakistan by five days on India’s reque...

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News Update

29

May 2025

May 29, 2025 • 5 min read

LDI Companies Seek Parliamentary Help in Rs. 78 Billion Dispute with PTA

The long-standing dispute between the Pakistan Telecommunication Authority (PTA) and Long Distance and International (LD...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Federal Budget to Be Presented on June 10: Finance Secretary

The federal government has finalized the date for presenting the national budget for the fiscal year 2025-26, ending spe...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Pakistan to Set Up Its Own Bitcoin Strategic Reserve

Pakistan has announced plans to establish a government-led Bitcoin Strategic Reserve, Minister of State for Finance Bila...

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News Update

29

May 2025

May 29, 2025 • 5 min read

Behind the Curtain: Understanding the Real Stakes in the Bank of Khyber Disciplinary Saga

Peshawar High Court’s recent decision to stay disciplinary proceedings against two senior officers of the Bank of Khyber...

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