News & Updates

News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

Federal Cabinet Approves Rightsizing of Commerce Ministry

The federal cabinet has approved a comprehensive restructuring plan for the Ministry of Commerce. Under the decision, tr...

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News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

OGRA Enforces Strict Safety Standards for Manufacturing of LPG Bowsers

A high-level meeting with Liquefied Petroleum Gas (LPG) bowsers, storage tanks, and bullet manufacturers was convened to...

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News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

CCP Takes Notice of Possible Price Manipulation in Hatchery Sector

Taking notice of the extraordinary increase in the prices of Day-Old Chick (DOC), the Competition Commission of Pakistan...

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News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

Bitcoin Skyrockets Above $105,000 Ahead of Donald Trump’s Inauguration

Bitcoin re-entered the $105,000 territory and briefly touched $106,000 on Saturday as the cryptocurrency market regained...

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News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

Gold Rate in Pakistan Decreases Slightly But Stays Close to All-Time High

The price of 24 karat per tola gold decreased by Rs. 200 and was sold at Rs. 282,400 on Saturday against its sale at Rs....

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News Update

18

Jan 2025

Jan 18, 2025 • 5 min read

Govt to End 23% Jobs in PTV

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a meeting of the Cabinet Committee on State-...

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News Update

18

Jan 2025

Jan 18, 2025 • 5 min read

World Economic Forum Acknowledges Pakistan’s Digital Economy Progress

The World Economic Forum (WEF) has highlighted Pakistan’s significant achievements in the digital economy, positioning t...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Inflation in Pakistan Expected to Hit 9-Year Low in January 2025

Pakistan’s Consumer Price Index (CPI) for January 2025 is expected to clock in at nine years low of 2.5-3.0 percent year...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

PSX & 1LINK Sign Agreement to Enhance Book Building Process for Investors

Pakistan Stock Exchange Limited (PSX) is pleased to announce the signing of an Agreement between PSX and 1LINK (Pvt) Lim...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

CDA to Sell More Commercial Land in Islamabad

The Capital Development Authority (CDA) Board held its second meeting on Thursday at the CDA headquarters under the chai...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Sight Increase Takes Gold Rate in Pakistan Close to All-Time High 

The price of 24 karat per tola gold increased by Rs. 400 and was sold at Rs. 282,600 on Friday against its sale at Rs 28...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Cement Sector Profits Expected to Increase in 2QFY25

The cement sector is poised for significant profitability growth in the second quarter of FY25, driven by higher domesti...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Muhammad Hamayun Sajjad Advocates for Strong Governance to Transform Pakistan’s Banking Landscape

While environmental and social aspects dominate the discourse on ESG (Environmental, Social, and Governance), governance...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Pakistan Records Highest-Ever Monthly IT Exports in December 2024 Despite Internet Issues

Pakistan recorded the highest-ever monthly IT exports of US$ 348 million, up by 15 percent YoY while also up by 12 perce...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

ADB, World Bank Projects Worth $1.25 Billion Facing Big Delays in Pakistan

Projects worth $1.25 billion funded by the Asian Development Bank (ADB) and the World Bank are facing big delays, accord...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Pakistan’s Current Account Posts 5th Consecutive Surplus in December 2024

Pakistan recorded a monthly surplus of US$ 582 million in December 2024. According to Topline Securities, December 2024...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Short-Term Inflation in Pakistan Falls to 6.5-Year Low  

The Sensitive Price Index (SPI) based inflation for the week ended January 16, 2024, increased by 1.16 percent on a year...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Business Plan Formulated to Achieve Break-Even for Pakistan Broadcasting Corporation 

Federal Minister for Finance Senator Muhammad Aurangzeb chaired a meeting of the Cabinet Committee on State-Owned Enterp...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

FBR Sets up Data Governance Office

The Federal Board of Revenue (FBR) has created a Data Governance Office to help in broadening the tax base (BTB) and rev...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

World Bank Upgrades Pakistan’s Growth Forecast to 2.8% for FY25

The World Bank has revised Pakistan’s economic growth forecast to 2.8 percent in the fiscal year 2024-25 and 3.2 percent...

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News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Punjab Seeks Rs. 150 Billion PSDP Funds for Road Construction

The Punjab government has sought Rs. 150 billion under the Public Sector Development Program (PSDP) for road infrastruct...

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