News & Updates

News Update

25

Apr 2025

Apr 25, 2025 • 5 min read

Attock Petroleum Partners With HUBCO Subsidiary to Install EV Charging Stations Across Pakistan

Attock Petroleum Limited (PSX: APL) has signed a collaboration agreement with HUBCO Green (Private) Limited (HGL), a who...

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News Update

25

Apr 2025

Apr 25, 2025 • 5 min read

Standard Chartered Pakistan Posts Profit Before Tax of Rs. 17 Billion in Q1

Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with profit before tax of R...

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News Update

25

Apr 2025

Apr 25, 2025 • 5 min read

Pakistan Asks China to Rollover Outstanding Debt

Finance Minister Muhammad Aurangzeb has formally requested China to roll over its maturing debt and increase the size of...

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News Update

25

Apr 2025

Apr 25, 2025 • 5 min read

TPL Properties Confirms Fire Naturally Dies Off At Gas Pocket in Karachi

TPL Properties (PSX: TPLP) has confirmed that the gas fire at Korangi Creek, which reignited on March 28, 2025, has once...

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News Update

25

Apr 2025

Apr 25, 2025 • 5 min read

Nestlé Pakistan Posts Revenue of Rs. 50.4 Billion in Q1

Nestlé Pakistan’s revenue for the three-month period ended March 31, 2025, stood at PKR 50.4 billion, reflecting a decli...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Pakistan’s Financial Sector Maintained Performance and Resilience in 2024: SBP

The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

President Asif Ali Zardari Upholds FTO Decisions Against FBR in Key Cases

In a strong endorsement of institutional accountability, the President of Pakistan has upheld multiple decisions of the...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

FBR’s Controversial New Reward System Sparks Uproar

The Federal Board of Revenue’s (FBR) newly introduced performance management system has sparked a firestorm of criticism...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Rupee Falls Below 281 Against US Dollar With More Losses Expected

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 282 in the interbank ma...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

PSX Sheds 2,200 Points Amid Rising India-Pakistan Tensions

Bears controlled the Pakistan Stock Exchange (PSX) on Thursday as the benchmark KSE-100 index lost over 2,000 points as...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

FBR Sets Deadline for Businesses to Integrate Systems for Electronic Invoicing

The Federal Board of Revenue (FBR) has made it mandatory for all corporate entities and companies to electronically inte...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

NEPRA to End Dollar Indexation for Key Power Plants

The National Electric Power Regulatory Authority (NEPRA) on Thursday conducted a public hearing into adjustment of tarif...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Indian Attempt to Block Pakistan’s Water to be Considered Act of War: NSC

Pakistan on Thursday announced a host of measures including a suspension of trade with India, closure of airspace and re...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

EOBI Announces Increase in Pensions

The Public Accounts Committee (PAC) was informed on Wednesday that Employees Old-Age Benefits Institution (EOBI) pension...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Cement Manufacturers Want Rs. 6.35 Billion Penalty Annulled

All Pakistan Cement Manufacturers Association (APCMA) has appealed the Competition Appellate Tribunal (CAT) to annul the...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Nationwide Fertilizer Supply At Risk Due to Sindh Road Blockade

Pakistan’s fertilizer supply chain is facing severe disruptions as ongoing sit-ins and road blockades in Sindh have chok...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Pakistan Secures $1 Billion Loan From 2 Commercial Banks

Pakistan has agreed with Standard Chartered Bank and Dubai Islamic Bank for a $1 billion loan at an interest rate of app...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Wheat Farmers Can Permanently Shift to Olive Business And Become Millionaires

The ongoing wheat crisis in Pakistan isn’t something new and needs a quick fix. With the world’s top growers in Palestin...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Govt Agrees to Stop Construction of New Canals Until CCI Consensus

The federal government has decided that no new canals will be built without mutual understanding from Council of Common...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Govt Expects Inflation to Increase Next Month

The government expects inflation to remain between 1.5-2.0 percent in April 2025, with a possible rise to 3.0-4.0 percen...

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News Update

24

Apr 2025

Apr 24, 2025 • 5 min read

Pakistan’s Foreign Reserves Fall to 7-Month Low After Yet Another Weekly Decline

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by over $350 million on a weekly basis, acco...

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