News & Updates

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Govt Considers Increasing Levy on Petrol to Meet Revenue Shortfall

Prime Minister Shehbaz Sharif’s administration continues to wrestle with two major policy decisions, postponing rulings...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Pakistan Sent 2022 Flood Relief Aid to Turkey and Syria’s Earthquake Victims

A $3 million grant intended for Pakistan’s 2022 flood victims was redirected to assist earthquake survivors in Turkiye a...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

How to Use Google Wallet in Pakistan

Google has just launched its mobile payment service Google Wallet in Pakistan. The service not only allows online paymen...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Sazgar’s Haval and BAIC Double Car Sales as Auto Market Continues Recovery

Pakistan’s automotive industry posted a strong rebound in the first eight months of FY25, with car sales reaching 89,770...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Govt Speeds Up Planned Sale of PIA-Owned Roosevelt Hotel

The Cabinet Committee on Privatisation (CCoP) has decided to expedite the sale of New York’s Roosevelt Hotel, a property...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Pakistani Rupee Posts Slight Depreciation Against US Dollar

The Pakistan Rupee (PKR) on Wednesday depreciated by 02 paisa against the US Dollar (USD) in the interbank trading and c...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Moody’s Upgrades Pakistan’s Banking Outlook to Positive

Global credit rating agency Moody’s has revised Pakistan’s banking sector outlook from stable to positive, citing resili...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Govt Increases Gas Rates on Captive Power Plants to Meet IMF Demands

The government has been forced to immediately implement a 23% increase in gas rates for industrial captive power plants...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Govt Seeks Details of Long-Pending IT & Telecom Cases

The federal government has sought details of long-pending court cases involving the Ministry of IT and Telecom that have...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Govt Considering Import of Raw Sugar to Stabilize Prices

Minister for National Food Security and Research Rana Tanveer Hussain on Wednesday chaired a meeting of the committee co...

Read Full Article

News Update

12

Mar 2025

Mar 12, 2025 • 5 min read

Haleon Pakistan Begins Exporting Locally Manufactured Centrum to Kenya

Haleon Pakistan Limited has announced its first international shipment of locally manufactured Centrum multivitamins to...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Massive Reduction Expected in Petrol Price

Petrol prices in Pakistan are expected to decrease by Rs. 13 to Rs. 15 per litre in the coming days. This reduction come...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Rupee Recovers a Day After US Dollar Crossed 280 for First Time in Over a Year

The Pakistan Rupee (PKR) Tuesday appreciated by 11 paisa against the US Dollar (USD) in the interbank trading and closed...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Supernet Secures Rs. 800 Million Contract to Provide Connectivity Solutions to Major Bank

Supernet Limited has announced a significant business development, securing a major contract with one of Pakistan’s larg...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

KIBOR Rates Surge as SBP Keeps Policy Rate Unchanged

Following the State Bank of Pakistan’s (SBP) decision to maintain the interest rate at 12 percent, the Karachi Interbank...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

CCP Issues Show Cause Notices to Steel Manufacturers Over Cartelization

The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to International Steel Limited (ISL) and Aish...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Finance Minister Highlights Success in Preventing Sugar Smuggling to Afghanistan

Finance Minister Muhammad Aurangzeb Tuesday said that stringent measures against cross-border smuggling have resulted in...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

PTCL Appoints Zarrar Hasham Khan as Chairman

Pakistan Telecommunication Company Limited (PTCL) has appointed Zarrar Hasham Khan as its new chairman, replacing Azfar...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Gold Price in Pakistan Remains Stable for Second Straight Day After Last Week’s Volatility

The price of 24 karat per tola gold remained unchanged at Rs. 306,000 for second consecutive day on Tuesday, All Pakista...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Pakistan Gets IMF Approval for Reducing Electricity Prices

The International Monetary Fund (IMF) has given a green signal for reducing electricity prices in Pakistan, according to...

Read Full Article

News Update

11

Mar 2025

Mar 11, 2025 • 5 min read

Pakistani CEOs Anticipate Significant Economic Improvement Compared to Last Year

Pakistan’s business leadership, including the CEOs of various companies, has expressed optimism about the country’s econ...

Read Full Article