News & Updates

News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Rupee Recovers Against US Dollar After IMF News

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 279 in the interbank...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

NA Finance Sub-Committee Defers New Property Tax Law

The Sub-Committee of the Standing Committee on Finance and Revenue on Tuesday recommended deferring the Standing Committ...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Symmetry Group Explores IPO and VC Funding for New Tech Ventures

The Board of Directors of Symmetry Group Limited (PSX: SYM) has allowed the company to explore capital-raising options,...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Cabinet Committee Approves Key Board Appointments, Reviews Performance of SOEs 

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) met Tuesday under the chairmanship of Federal Minister for Fi...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Gatron Industries Ltd Approves Restructuring Scheme With NFL and G&T

The Board of Directors of Gatron (Industries) Limited (PSX: GATI) on February 10, 2025, authorized the company to enter...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Govt Targets $45 Billion Remittances by Boosting Skilled Immigration

The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) plans to increase skilled immigration to 60...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Over 100 Pakistani IT Companies Participating in LEAP 2025

Pakistani IT companies are aggressively exploring new and emerging tech markets particularly the Kingdom of Saudi Arabia...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

PM Shehbaz Calls for Strengthening Climate Financing, Technology Sharing 

Prime Minister Muhammad Shehbaz Sharif on Tuesday called upon the governments to strengthen climate financing and techno...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Govt to Force Civil Servants to Declare Assets On Critical IMF Demand

The federal government is set to amend the Civil Servants Act by the end of February to make asset declarations mandator...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

FBR Changes Decision on Buying Over 1,000 Cars

The Federal Board of Revenue (FBR) has frozen the purchase of 1,010 vehicles. The final decision will be made based on t...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Pakistan Drops Even Further in Worldwide Corruption Ranking 2024

Pakistan has slipped two places in Transparency International’s (TI) latest Corruption Perceptions Index (CPI). It ranke...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Roshan Digital Account Inflows Up by 9.3% in January 2025

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $222 million in January 2025, up 9.3...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Margalla Enclave Development to Finish by Year-End in Islamabad

Interior Minister Mohsin Naqvi visited Margalla Enclave on Monday to assess the ongoing development of the residential p...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Over 100 Spinning Mills Shut Down, With More on the Brink as Crisis Worsens

All Pakistan Textile Mills Association (APTMA) Chairman Kamran Arshad said that over 100 spinning mills—representing nea...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

PM Shehbaz to Meet IMF Managing Director in Dubai

Prime Minister Shehbaz Sharif will meet International Monetary Fund (IMF) Managing Director Kristalina Georgieva today (...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

IHC Declares Appointment of ATIR Islamabad Chairman Illegal

The Islamabad High Court (IHC) has declared appointment of Mian Tauqeer Aslam as Chairman, Appellate Tribunal Inland Rev...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

IMF Review Likely in First Week of March

Negotiations between the International Monetary Fund (IMF) and Pakistan for the next tranche of the $7 billion bailout p...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Govt Employees’ Alliance to Meet Rana Sanaullah-Led Team Today As Protest Nears

A key meeting between the government and the All Government Employees Grand Alliance (AGEGA) is set to take place today...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

FBR Makes Major Decision on Purchase of Bikes, Rickshaws and 800cc Cars by Non-Filers 

The National Assembly’s Standing Committee on Finance and Revenue Tuesday approved the proposal to allow non-filers to p...

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

Gold Rate in Pakistan Remains Firm Above Rs. 300,000 Per Tola  

The price of 24 karat per tola gold increased by Rs. 100 and was sold at Rs. 303,100 on Tuesday against its sale at Rs....

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News Update

11

Feb 2025

Feb 11, 2025 • 5 min read

FBR Chairman Announces Decision on Freezing Bank Accounts of Non-Filers

The Federal Board of Revenue (FBR) will not allow banks to freeze accounts or block transactions of non-filers. This was...

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