News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

PM Orders Probe into Alleged Violations in KPT Maintenance Dredging Contract

Prime Minister Shahbaz Sharif ordered the inquiry into alleged procurement violations related to the Karachi Port Trust...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

Elon Musk Should Apologize Before We Allow Starlink in Pakistan: Senate Committee

The Senate Standing Committee on IT & Telecom on Wednesday accused SpaceX CEO Elon Musk of adopting an anti-Pakistan sta...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

IESCO Extends Relief Package for January and February

The Islamabad Electric Supply Company (IESCO) has announced that it will continue offering the Bijli Sahulat Package in...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

Rupee Down 2nd Day in a Row Against US Dollar, AUD, Euro, British Pound

The Pakistani rupee (PKR) closed in red two days in a row against the US Dollar (USD) today after opening trade at 279 i...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

Ghandhara Automobiles’ Deal with Chery Automobiles Set to Expire Today

Ghandhara Automobiles Limited (PSX: GAL) two agreements with Chery Automobile Co., Limited are set to expire today. “Gha...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

IRS Officers Association Rejects FBR’s New Rating and Reward System

The Inland Revenue Service Officers Association (IRSOA) strongly urges its members to collectively boycott the recently...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

Honda Pakistan’s Q3 Profits Up by Massive 300%

Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) has announced its 3QMY25 result today posting a profit of Rs. 566 millio...

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News Update

22

Jan 2025

Jan 22, 2025 • 5 min read

Tax Machinery Being Fixed to Nab Tax Evaders: Chairman FBR

Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial regretted that the people’s undeclared income and wealth...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

US Dollar Dents Rupee Recovery After Donald Trump’s Inauguration

The Pakistani rupee (PKR) closed in red after gaining two days in a row against the US Dollar (USD) today after opening...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Finance Minister Invites Global Stakeholders to Invest in Priority Sectors

In an exclusive article published as part of the World Economic Forum Annual Meeting, Minister of Finance and Revenue Mu...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

FTO Received Over 13,500 Complaints in 2024 and Helped Recover Rs. 22.7 Billion

The Federal Tax Ombudsman (FTO) made recommendations on 13,500 taxpayer complaints, but only 336 were challenged by the...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Electricity Consumers Likely to Be Allowed More Installments on Heavy Bills

The National Electric Power Regulatory Authority (NEPRA) has proposed allowing power consumers to pay their electricity...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

BankIslami Pakistan Honored as ‘Best Islamic Trustee’ at IFN Best Banks Poll 2024

BankIslami Pakistan has been recognized as the “Best Islamic Trustee” at the IFN Best Banks Poll 2024, marking a signifi...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Saudi Fund Eyes Up to $1 Billion Stake in Pakistan’s Reko Diq

Saudi fund Manara Minerals is ready to acquire a 10-20 percent equity stake in Pakistan’s Reko Diq copper and gold proje...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Ghani Chemical Industries to Issue Ordinary Shares of Wholly-Owned Subsidiary

The Board of Directors of Ghani Chemical Industries Limited (PSX: GCIL) has approved significant amendments to its schem...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Pakistan Secures $1 Billion Loan from 2 Middle Eastern Banks

Pakistan has finalized agreements for a $1 billion loan with two Middle Eastern financial institutions, according to Fin...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Govt Looking to Double Tax on Offshore Digital Services and Tougher Penalties for Fraud

The federal government is considering major changes to the Tax Laws Amendment Bill 2024 like imposing a 20 percent incom...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

PECO Approves 5 Years of Stalled Annual Accounts Showing Losses of Rs. 1.2 Billion

The Board of Directors of Pakistan Engineering Company Limited (PECO), a public-listed company, has taken a decisive ste...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Reko Diq Copper-Gold Mine to Generate $74 Billion in 37 Years: CEO Barrick Gold

The Reko Diq copper and gold project will likely yield $74 billion over the next 37 years, according to Barrick Gold CEO...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Govt to Check Source of Income of Pilgrims Performing Expensive Hajj

The federal government has decided to ascertain the sources of income of those pilgrims who are going to perform Hajj 20...

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News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

PTCL Group Injects PKR 4 Billion Capital in U Bank

Pakistan Telecommunication Company Ltd. (PTCL) Group, the parent company of U Microfinance Bank (U Bank), has injected a...

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News & Updates

PM Orders Probe into Alleged Violations in KPT Maintenance Dredging Contract

Elon Musk Should Apologize Before We Allow Starlink in Pakistan: Senate Committee

IESCO Extends Relief Package for January and February

Rupee Down 2nd Day in a Row Against US Dollar, AUD, Euro, British Pound

Ghandhara Automobiles’ Deal with Chery Automobiles Set to Expire Today

IRS Officers Association Rejects FBR’s New Rating and Reward System

Honda Pakistan’s Q3 Profits Up by Massive 300%

Tax Machinery Being Fixed to Nab Tax Evaders: Chairman FBR

US Dollar Dents Rupee Recovery After Donald Trump’s Inauguration

Finance Minister Invites Global Stakeholders to Invest in Priority Sectors

FTO Received Over 13,500 Complaints in 2024 and Helped Recover Rs. 22.7 Billion

Electricity Consumers Likely to Be Allowed More Installments on Heavy Bills

BankIslami Pakistan Honored as ‘Best Islamic Trustee’ at IFN Best Banks Poll 2024

Saudi Fund Eyes Up to $1 Billion Stake in Pakistan’s Reko Diq

Ghani Chemical Industries to Issue Ordinary Shares of Wholly-Owned Subsidiary

Pakistan Secures $1 Billion Loan from 2 Middle Eastern Banks

Govt Looking to Double Tax on Offshore Digital Services and Tougher Penalties for Fraud

PECO Approves 5 Years of Stalled Annual Accounts Showing Losses of Rs. 1.2 Billion

Reko Diq Copper-Gold Mine to Generate $74 Billion in 37 Years: CEO Barrick Gold

Govt to Check Source of Income of Pilgrims Performing Expensive Hajj

PTCL Group Injects PKR 4 Billion Capital in U Bank

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