News & Updates

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

ECC Okays Revision in Electricity’s Annual Rebasing Determination Timeline 

Finance Minister Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabine...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Pakistan’s Real Effective Exchange Rate Hits 8-Month High in December 2024

Pakistan’s Real Effective Exchange Rate (REER) clocked in at 103.7 in December 2024, according to latest data issued by...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Communications Minister Gives Roadmap to Make National Highway Authority Profitable   

Federal Minister for Finance Senator Muhammad Aurangzeb chaired the meeting of the Committee on Rightsizing the Federal...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

FIA Registers FIR on Rs. 141 Million Foreign Currencies Theft from Customs Warehouse 

The Federal Investigation Agency’s (FIA) Anti-Corruption Circle Lahore has registered FIR against two officials of Custo...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Telecom Operators Protest 300% Surge in Fiber Router Import Cost

The Telecom Operators Association (ToA) has appealed to the Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Lang...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Rupee Halts 4-Day Losing Streak Against US Dollar to End Week

The Pakistani rupee (PKR) closed in green ending its 4-day losing streak against the US Dollar (USD) today after opening...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

World Bank Identifies Critical Issues in Uraan Pakistan

The World Bank has identified critical shortcomings in the Uraan Pakistan plan. The World Bank in its Country Partnershi...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Bulls Stage Comeback as PSX Gains 1,400 Points

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday, gaining 1,435.34 points, a...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

Foreign Direct Investment in Pakistan Down 33% in December 2024

The net Foreign Direct Investment (FDI) in the country stood at $170 million in December 2024, down 33 percent over the...

Read Full Article

News Update

17

Jan 2025

Jan 17, 2025 • 5 min read

SECP Deliberates Development of Capital Market with Key Stakeholders

The top management of the Securities and Exchange Commission of Pakistan (SECP), led by the Chairman, Akif Saeed, met wi...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Finance Minister Urges Japanese Investors to Come to Pakistan

Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with Japanese Ambassador to Pakistan Akamatsu...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Memberships of 119 MNAs, MPAs, Senators Suspended For Not Filing Tax Returns

The Election Commission of Pakistan (ECP) has suspended the membership of 119 members of National/Provincial Assemblies...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

LemFi Secures $53M in Series B Funding Led by Highland Europe

LemFi, the platform transforming how immigrant communities access financial services, has raised $53 million in Series B...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Finance Minister Stresses Timely Development and Implementation of NEV Policy

Federal Minister for Finance Senator Muhammad Aurangzeb chaired a meeting on the New Energy Vehicle (NEV) Policy 2025 at...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Govt Orders To Triple Small Business Loan Limit

Prime Minister Shehbaz Sharif has ordered to increase the loan limit for Small and Medium Enterprises (SMEs) by 200 perc...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

PTA, Commerce Ministry Sign MoU to Strengthen Digital Ecosystem, Facilitate Trade 

The Pakistan Telecommunication Authority (PTA) and the Ministry of Commerce (MoC) signed a landmark MoU at PTA Headquart...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

FBR Considering Changes to Rules Regarding Importers of STZA

The importers of Special Technology Zones Authority (STZA) will soon only be able to make imports into Pakistan after ob...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

FBR Allows Entry of Azerbaijan Registered Vehicles Transporting Cargo into Pakistan

The Federal Board of Revenue (FBR) Thursday allowed entry of Azerbaijan’s registered vehicles transporting transit and b...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Greentree Holdings Offers to Buy 35.1% Stake in TRG Pakistan Ltd

Greentree Holdings Limited through its manager AKD Securities Limited has submitted a Public Announcement of Offer to ac...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

Pakistan Banks Are Likely to See a Decline in Profits

The banking sector is likely to post an earnings decline of 10 percent YoY and 24 percent QoQ in 4Q2024, amid a higher e...

Read Full Article

News Update

16

Jan 2025

Jan 16, 2025 • 5 min read

CDA and DHA to Launch Margalla Enclave Housing Society in Islamabad

Following the overwhelming response to Sector C-14, the Capital Development Authority (CDA) has partnered with the Defen...

Read Full Article