News Update

22

May 2025

May 22, 2025 • 5 min read

Honda Pakistan’s Net Profit Jumps to Rs. 1.7 Billion in Q4 FY25

Honda Atlas Cars Pakistan Limited (PSX: HCAR) reported a 23 percent year-on-year rise in net profit for the fourth quart...

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News Update

22

May 2025

May 22, 2025 • 5 min read

Achieving Rs. 14.3 Trillion Tax Target Impossible: FBR

The International Monetary Fund (IMF) has agreed in principle to reduce Pakistan’s tax revenue target by up to Rs. 250 b...

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News Update

21

May 2025

May 21, 2025 • 5 min read

FBR to Fine Retailers Rs. 5 Million For Evading Taxes Next Fiscal Year

A meeting of the Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwalla, addressed pressing issues...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Govt Slashes Profit Rates on National Savings Schemes

The Directorate of National Savings has announced a downward revision in profit rates across multiple National Savings S...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Real-World Review: Why I Switched My Entire Energy System to Alaska’s Graphite Lead-Acid Batteries

An unplanned yet eye-opening experience with Alaska Batteries’ newly launched Graphite Lead-Acid Battery Series led me t...

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News Update

21

May 2025

May 21, 2025 • 5 min read

IMF Pushes Pakistan to Fast-Track Sale of Govt-Owned Entities Like PIA, DISCOs in FY26

Budget consultations between Pakistan and the International Monetary Fund (IMF) for the fiscal year 2025-26 have entered...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Govt to Expand Luxury Goods List And Impose 25% Sales Tax On Them in FY26 Budget

The federal government is preparing to expand the list of luxury goods and levy a higher tax on them in the upcoming Bud...

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News Update

21

May 2025

May 21, 2025 • 5 min read

SECP Ceases Guarantee Business of United Insurance

The Securities and Exchange Commission of Pakistan has ceased the guarantee business of The United Insurance Company of...

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News Update

21

May 2025

May 21, 2025 • 5 min read

PSX Gains Nearly 1,000 Points to Close Just Shy of 120,000 Level

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Wednesday, gaining 960.33 points, a nega...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Crescent Star Insurance Interested in Buying Rs. 400 Million Property in Karachi

Crescent Star Insurance Limited (PSX: CSIL) Wednesday announced that it is conducting due diligence and in negotiation f...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Pakistan, China Agree to Extend CPEC to Afghanistan

The Foreign Ministers of Pakistan, China and Afghanistan on Wednesday agreed to deepen Belt and Road Initiative (BRI) co...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Bunny’s Limited to Set Up New Bread Plant in Islamabad

Bunny’s Limited (PSX: BNL) announced on Wednesday that its Board of Directors has approved the installation of a new bre...

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News Update

21

May 2025

May 21, 2025 • 5 min read

CCP Fines British Lyceum Rs. 5 Million for Misleading Ad Claims on Salaries, Affiliations

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs. 5 million on British Lyceum (Pvt.) Limited for...

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News Update

21

May 2025

May 21, 2025 • 5 min read

New Tax to Make Petrol and Diesel More Expensive After Budget

The federal government is set to impose a 3–5 percent General Sales Tax (GST) on petroleum products next fiscal year to...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Gold Rate in Pakistan Posts Huge Increase, Up Rs. 11,000 in 3 Days

The price of 24 karat gold witnessed an increase of Rs. 6,600 per tola on Wednesday and was sold at Rs. 349,400 against...

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News Update

21

May 2025

May 21, 2025 • 5 min read

IMF Regional Director to Visit Pakistan This Week

The International Monetary Fund’s (IMF) Middle East and Central Asia Director Jihad Azour is expected to visit Pakistan...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Oil Marketing Association Raises Serious Objections Over OCAC’s Role in Petroleum Sector Affairs

The Oil Marketing Association of Pakistan (OMAP) has raised grave concerns over what it terms the “illegitimate and excl...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Govt to Launch Digital Assets Authority to Regulate Pakistan’s $25 Billion Crypto Market

In a landmark move to embrace the future of finance, the Ministry of Finance has announced the initiation of a comprehen...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Rupee Remains in Red Against British Pound, Euro, US Dollar

The Pakistani rupee (PKR) closed in red against the US Dollar (USD), British Pound, and most of the other top currencies...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Power Generation in Pakistan At Highest Level in 4 Years

Power generation in April 2025 surged by 22 percent YoY (highest in 48 months) to 10,513 GWh. The rise in generation is...

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News Update

21

May 2025

May 21, 2025 • 5 min read

Prime Minister Set to Announce New Textile Policy Soon

The National Assembly was informed on Wednesday that the Prime Minister will soon announce a new textile policy, which i...

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News & Updates

Honda Pakistan’s Net Profit Jumps to Rs. 1.7 Billion in Q4 FY25

Achieving Rs. 14.3 Trillion Tax Target Impossible: FBR

FBR to Fine Retailers Rs. 5 Million For Evading Taxes Next Fiscal Year

Govt Slashes Profit Rates on National Savings Schemes

Real-World Review: Why I Switched My Entire Energy System to Alaska’s Graphite Lead-Acid Batteries

IMF Pushes Pakistan to Fast-Track Sale of Govt-Owned Entities Like PIA, DISCOs in FY26

Govt to Expand Luxury Goods List And Impose 25% Sales Tax On Them in FY26 Budget

SECP Ceases Guarantee Business of United Insurance

PSX Gains Nearly 1,000 Points to Close Just Shy of 120,000 Level

Crescent Star Insurance Interested in Buying Rs. 400 Million Property in Karachi

Pakistan, China Agree to Extend CPEC to Afghanistan

Bunny’s Limited to Set Up New Bread Plant in Islamabad

CCP Fines British Lyceum Rs. 5 Million for Misleading Ad Claims on Salaries, Affiliations

New Tax to Make Petrol and Diesel More Expensive After Budget

Gold Rate in Pakistan Posts Huge Increase, Up Rs. 11,000 in 3 Days

IMF Regional Director to Visit Pakistan This Week

Oil Marketing Association Raises Serious Objections Over OCAC’s Role in Petroleum Sector Affairs

Govt to Launch Digital Assets Authority to Regulate Pakistan’s $25 Billion Crypto Market

Rupee Remains in Red Against British Pound, Euro, US Dollar

Power Generation in Pakistan At Highest Level in 4 Years

Prime Minister Set to Announce New Textile Policy Soon

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