News & Updates

News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Construction Projects Worth Over Rs. 1 Trillion Stalled Due to Legal Disputes

Construction projects worth over Rs. 1 trillion remain stalled due to prolonged legal disputes, highlighting the urgent...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Gold Rate in Pakistan Continues to Rise, Sets Another Record 

The price of 24 karat per tola gold in Pakistan increased by Rs. 2,500 and was sold at Rs. 304,000 on Thursday against i...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

PM Shehbaz, President Erdogan Pledge to Unlock Full Bilateral Trade, Investment Potential

Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan on Thursday pledged to enhance the economic tie...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Pakistan Banking Summit 2025 to Be Held in Last Week of February

The Pakistan Banks Association (PBA) has officially announced the launch of the Pakistan Banking Summit 2025 (PBS’25), a...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Pakistan and Turkey Ink 24 MoUs to Boost Cooperation in Military, Trade and More

Prime Minister Shehbaz Sharif and President Recep Tayyip Erdoğan on Thursday signed 24 memorandums of understanding (MoU...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Meezan Bank Breaks All-Time Record for Profit in 2024

Meezan Bank (MEBL) announced its calendar year 2024 results today, whereby the bank’s earnings surged to Rs. 101.5 billi...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

IMF Pushes for Stricter Budget Monitoring and Live Tracking of Development Funds

The International Monetary Fund (IMF) has urged Pakistan to adopt more effective public finance management methods for m...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Salaried Class Forced to Pay Extra Rs. 100 Billion Income Tax in 7 Months

The salaried class paid Rs. 285 billion or Rs. 100 billion more in income tax during the first seven months of the fisca...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

PSO Posts Rs. 11.2 Billion Profit in 1HFY25 

Pakistan State Oil (PSO), the nation’s energy leader, delivered a stable performance in 1HFY25, posting a net profit of...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

SECP Announces Mandatory Requirements for Non-Banking Microfinance Companies 

The Securities and Exchange Commission of Pakistan has announced a series of initiatives designed to empower women and s...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

Pakistan’s Private Sector Encouraged to Help Digitize Trade

As the government accelerates the digitization of trade, the private sector, alongside regulatory bodies, is being encou...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

NAB Chairman Unhappy Pakistanis Are Getting Foreign Citizenship Using Their Wealth

National Accountability Bureau (NAB) Chairman retired Lt Gen Nazir Ahmed Butt expressed his annoyance over 25,000 Pakist...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

KSE 100-Index Loses 360 Points in Another Range-bound Session

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 360.86 points, a negative...

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News Update

13

Feb 2025

Feb 13, 2025 • 5 min read

SBP Revises Mechanism for Buyback of Govt Securities

The State Bank of Pakistan (SBP) revised its mechanism for the buyback of government securities, saying that it will con...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

Cabinet Approves Amendment to Make Asset Details of Civil Servants Public 

The Federal cabinet has reportedly given approval to make an amendment in Civil Servants Act 1973 to meet the Internatio...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

PTA Finalizes Telecom Equipment Standards Regulations

Pakistan Telecommunication Authority (PTA) has finalized the draft Telecom Equipment Standards Regulations, which have b...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

Govt Ready to Launch PM’s Rs. 10 Billion Ramazan Package Soon

The federal government has finalized a strategy to implement the Prime Minister’s Ramazan Package which will provide a R...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

Govt Ends Nearly 12,000 Jobs Under New Policy

The federal government has abolished 11,877 positions under its rightsizing policy aimed at reducing expenditures and re...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

CDC Launches Centralized Motor Insurance Repository

Under the guidance of the Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Insurance Ass...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

Sindh Govt Announces Free Solar Panel Distribution Deadline

Sindh Energy Minister Syed Nasir Hussain Shah has announced solar panel distribution for 200,000 eligible households wil...

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News Update

12

Feb 2025

Feb 12, 2025 • 5 min read

5 More PSX Companies Added to MSCI Indices

Abbott Laboratories Pakistan and Searle Pakistan will be added to the Morgan Stanley Capital International (MSCI) Pakist...

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