News & Updates

News Update

15

May 2025

May 15, 2025 • 5 min read

Gold Rate in Pakistan Posts Massive Decrease During Current Week

The price of 24 karat per tola gold witnessed a decrease of Rs. 6,700 on Thursday and was sold at Rs. 335,200 against it...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Over 28,000 Local, International Firms Register on PPRA Platform

The Public Procurement Regulatory Authority (PPRA) has successfully implemented an advanced e-procurement system, enabli...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pharmaceutical Sales Cross Rs. 1 Trillion in Pakistan

Pakistan’s pharmaceutical retail market reached Rs. 1.049 trillion in sales for the 12 months ending March 2025, reflect...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan’s Salaried Class Now Poorer Than Ever

Pakistan’s salaried middle class has seen its purchasing power plummet by nearly 50 percent in just four years, even aft...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan Proposes Zero-Tariff Bilateral Trade Deal to US

In a significant move to strengthen economic relations, Pakistan has proposed a zero-tariff bilateral trade agreement wi...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan Crypto Council CEO Meets US Ambassador to Advance Youth Collaboration on Blockchain & AI

In a pivotal step toward strengthening US-Pakistan ties in the digital economy, Bilal Bin Saqib, CEO of the Pakistan Cry...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Mobilink Bank and Fatima Fertilizer Partner to Provide Access to Finance, Empowering the Agri-Community

Pakistan’s largest digital microfinance institution, Mobilink Bank and Fatima Fertilizer, a leading player in Pakistan’s...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Nishat Hotels and Properties Wants to Acquire 75% Stake in Rafhan Maize

Rafhan Maize Products Company Limited (PSX: RMPL) has officially disclosed that it has received a firm offer from Nishat...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Diamond Paints to Pay Rs. 2.5 Million Fine for Deceptive Advertising

The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Irregularities in Dasu Project Line Allegedly Caused $500 Million Loss to National Exchequer

The Senate Standing Committee on Economic Affairs was informed on Wednesday that the Dasu Transmission Line project has...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan’s Foreign Reserves Cross $11 Billion After IMF Loan

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

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News Update

15

May 2025

May 15, 2025 • 5 min read

Roshan Digital Account Inflows Down by 25% in April 2025

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $177 million in April 2025, down 25 p...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Govt Likely to Increase Capital Gains Tax on Property Sales in Upcoming Budget

The federal government is considering increasing the capital gains tax (CGT) on real estate transactions from 15 percent...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan-Saudi Talks Continue for Reko Diq Investment, No Deal Yet

Parliamentary Secretary Mian Khan Bugti informed the National Assembly on Thursday that discussions are currently ongoin...

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News Update

15

May 2025

May 15, 2025 • 5 min read

PM Shehbaz Orders Long-Term Policy for Agro-Industrial Growth to Boost Agriculture and Combat Climate Change

Prime Minister Shehbaz Sharif Thursday directed the authorities concerned to formulate a sustainable and long-term polic...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Unused PSDP Funds Cross Rs. 10 Trillion As Govt Fails to Expedite Project Development

Unused development funds have crossed the Rs. 10 trillion mark as key ministries have failed to spend allocated funds to...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Islamabad High Court Upholds SECP’s Investigative Authority in Market Manipulation Case

The Securities and Exchange Commission of Pakistan (SECP) has appreciated the judgment of the Islamabad High Court, whic...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan’s Large-Scale Manufacturing Shrinks by 1.47% in 9 Months

The Overall Large-Scale Manufacturing (LSM) sector has shown a negative growth of 1.47 percent during the first nine mon...

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News Update

15

May 2025

May 15, 2025 • 5 min read

Pakistan Crosses 200 Million Telecom Subscribers Mark

Pakistan has crossed a major milestone in its digital journey, with total mobile subscriptions surpassing the 200 millio...

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News Update

14

May 2025

May 14, 2025 • 5 min read

Govt Likely to Reduce Petrol, Diesel Prices This Week

Petroleum prices in Pakistan will likely decrease by Rs. 3.5-7 per litre amid recent fluctuations in international oil m...

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News Update

14

May 2025

May 14, 2025 • 5 min read

Govt Slashes RLNG Prices By 14% for May 2025

The Oil and Gas Regulatory Authority (OGRA), in accordance with the Policy Guidelines of the Federal Government, has det...

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