News & Updates

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

Govt Forecasts Record Exports and Remittances for Current and Next Fiscal Year

The Ministry of Finance has projected the highest exports and remittances in Pakistan’s history for the current fiscal y...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

World Bank to Pitch in $300 Million for Reko Diq

The International Finance Corporation (IFC), the World Bank’s private investment arm, will provide $300 million in debt...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

Govt Open to Nationwide 5G Rollout First And Collect Spectrum Fee Later

The federal government is re-evaluating its 5G spectrum auction policy, shifting its focus from high upfront spectrum fe...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

Trump Tariff Pause Sees PSX Gain Over 2,000 Points

Bulls returned to the Pakistan Stock Exchange (PSX) on Thursday, a day after US President Donald Trump announced a 90-da...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

From Headlines to Headwinds: PIA’s So-Called Turnaround Has A Dark Secret [Opinion]

Look closely, and you’ll see it’s not a rescue, it’s a magic trick. The federal government’s new trick to make Pakistan...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

Federal Cabinet Approves Privatization Plan for PIA

The Federal Cabinet has approved the privatization plan of Pakistan International Airlines (PIA). The new plan essential...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

NEPRA Grants Provisional Tariff Approval for KAPCO’s 500MW Project

Kot Addu Power Company Limited (PSX: KAPCO) announced on Thursday that the National Electric Power Regulatory Authority...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

SECP Issues Draft Amendments to Streamline Public Offering Regime

The Securities and Exchange Commission of Pakistan (SECP) on Thursday issued draft amendments to the Public Offering Reg...

Read Full Article

News Update

10

Apr 2025

Apr 10, 2025 • 5 min read

Govt-Owned DISCOs Incur Rs. 114 Billion Loss in 8 Months

Losses under government-owned power distribution companies (DISCOs) have have surged to Rs. 114 billion between July 202...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Brent Crude Drops to Four-Year Low, WTI Crashes to $56 Per Barrel

Brent crude prices have plunged by $4 per barrel since markets opened yesterday, settling at $60.9 per barrel, the lowes...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Govt Appoints Muzaffar Mirza As New SECP Commissioner

The Finance Division has notified the appointment of Muzaffar Mirza as Commissioner, Securities and Exchange Commission...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Palandöken Economic Forum Set to Kick Off in Erzurum, Türkiye

The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organisation (ECO) Tourism Capital of 20...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

SECP Mandates Establishment of Independent Actuarial Function in All Insurance Companies

The Securities and Exchange Commission of Pakistan (SECP) has directed all insurance companies to establish “Actuarial F...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Cabinet Committee Approves Re-Merger of NSPC with PSPC

A meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) was held today at the Finance Division under the...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

FBR Revises Reward Policy for Customs Officials

The Federal Board of Revenue (FBR) has revised the procedure for monetary reward payment to the customs officials in lin...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

CCP to Approve PTCL-Telenor Merger With New Conditions

The Competition Commission of Pakistan (CCP) is likely to approve the merger of Telenor Pakistan with Pakistan Telecommu...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Trump Announces 90-Day Pause on Tariffs for Non-Retaliating Trade Partners

President Donald Trump has announced a 90-day suspension of his tariff plan for all trade partners that have not taken r...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

GDP Growth to Rise to 3%, Inflation to Drop to 5.8% by FY26: ADB

The Asian Development Bank has projected Pakistan’s GDP to grow by 2.5 percent in fiscal year 2025 and then by 3 percent...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Here’s How Much Tax Salaried People Paid Over Past 3 Years

The Federal Board of Revenue (FBR) has disclosed that salaried individuals contributed a total of Rs. 820 billion in tax...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

PIA Posts Net Profit For the First Time in Over 2 Decades

Pakistan International Airlines (PIA) has posted a net profit for the first time since 2003, compared to losses of Rs. 1...

Read Full Article

News Update

09

Apr 2025

Apr 09, 2025 • 5 min read

Pakistan to Send High-Level Delegation to US for Talks on New Trade Tariffs

Pakistan has decided to send a high-level delegation to the United States to engage in talks on Donald Trump’s newly imp...

Read Full Article