News & Updates

News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Abhi and TPL Corp Complete Purchase of FINCA Microfinance Bank

TPL Corp Limited (PSX: TPL) and Abhi Private Limited have completed the purchase of a majority stake in FINCA Microfinan...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

PSX Ends Week on a High as KSE-100 Index Gains 842 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 842.70 points, a posi...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

FBR Increases Sales Tax Documentation for Businesses 

The Federal Board of Revenue (FBR) has increased sales tax documentation for all registered manufacturers and commercial...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Ittehad Chemicals to Sell Its 66 Kanal Property in Lahore

The Board of Directors of Ittehad Chemicals Limted (PSX: ICL) in its meeting held today has resolved to sell its land lo...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Punjab Announces Massive Property Tax Exemption

The Punjab Excise and Taxation Department has announced an exemption from property tax for houses and residential plots...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Sindh Asks Federal Govt to Allow Feasibility Study for Keti Bander Port

The Sindh government has requested the federal government to extend support to Pakistan Gas Solutions Limited (PGSL) for...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Govt to Launch Loan Options for Home Buyers

The government has finalized 14 major facilities to be provided to the housing projects to ensure access to finance incl...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

PM Shehbaz Forms Committee to Stop Civil Servants From Making Stupid Mistakes

Prime Minister Shehbaz Sharif has formed a 20-member committee to improve government efficiency and address bureaucratic...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Rupee Ends Week With Losses Against Top Currencies After Yesterday’s Recovery

The Pakistani rupee (PKR) closed in red to end the week against the US Dollar (USD) today after opening trade at 279 in...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Gold Rate in Pakistan Breaks All Previous Records, Hits All-Time High 

The price of 24 karat per tola gold increased by Rs. 2,900 and was sold at Rs. 289,600 on Friday against its sale at Rs....

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

PTBA Raises Alarm Over Foreign Investors Being Denied Security Clearance

The Pakistan Tax Bar Association (PTBA) has complained to the Interior Minister that the federal government is rejecting...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

FBR Seeks Exemption from Abolishing 60% of Its Workforce

A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held today, chaired virtually by Federal...

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News Update

24

Jan 2025

Jan 24, 2025 • 5 min read

Short-Term Inflation in Pakistan Down to 7-Year Low 

The Sensitive Price Index (SPI) based inflation for the week ended January 23, 2024, increased by 0.52 percent on a year...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

Saleem Mandviwalla Urges Finance Minister to Stop FBR from Buying Over 1,000 New Cars 

Saleem Mandviwalla, Chairman of the Senate Standing Committee on Finance and Revenue, has called on Finance Minister Muh...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

Price of Gold in Pakistan Declines After Yesterday’s Big Increase

The price of 24 karat per tola gold decreased by Rs. 750 and was sold at Rs. 286,700 on Thursday against its sale at Rs....

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

Over 61,000 New Stock Market Accounts Opened in 6 Months: Pakistan Stock Brokers Association

The Pakistan Stock Brokers Association (PSBA) has reported the creation of over 61,000 stock market accounts in 6 months...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

New Maritime Service Launched in Pakistan

The new maritime service INX has been launched in Pakistan. The weekly maritime service will commence its operations glo...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

Visa and Meezan Bank Launch Student Debit Card

Visa (NYSE: V), a world leader in digital payments, today announced a partnership with Meezan Bank, the country’s leadin...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

CCP Approves Asset Acquisition of Crescent Cotton Mills by Sultan Spinning Industries

The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of certain assets, including land,...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

PPL Enhances Gas Production at Shahdad X-1 Well 

Pakistan Petroleum Limited (PSX: PPL) Thursday announced the successful execution of a water shut-off operation at Shahd...

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News Update

23

Jan 2025

Jan 23, 2025 • 5 min read

Unlisted SECP Licensed Firms Directed to Disclose Financials on PSX Portal 

The Securities and Exchange Commission of Pakistan has directed all unlisted SECP licensed companies to ensure public di...

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