News & Updates

News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Finance Minister Emphasizes Need for Innovative Solutions to Accelerate Financial Inclusion

Finance Minister Senator Muhammad Aurangzeb chaired a meeting with the leadership of the Pakistan Microfinance Investmen...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Govt Still Unsure About Increasing Gas Prices for Captive Power Plants on IMF Demand

The federal government has yet to decide on increasing gas tariffs for Captive Power Plants (CPPs), Finance Ministry sou...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Consumers Stole Electricity Worth Rs. 12.5 Billion in 2024: Energy Ministry

The Ministry of Energy has determined that electricity theft resulted in losses amounting to Rs. 12.48 billion during 20...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

World Bank Pledges $20 Billion for Pakistan Under 10-Year Development Plan

The World Bank has approved $20 billion funds through its Country Partnership Framework (CPF) for Pakistan, prominent so...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

WEF Identifies Key Risks Facing Pakistan Amidst Global Uncertainty

The Global Risks Report 2025, published by the World Economic Forum (WEF) today, highlights a satisfactory outlook for P...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

40% Civil Servants Clear Written Test for Trade and Investment Attaché

Seventy-two grade 18 to 20 officers, belonging to different occupational groups, have passed the written test conducted...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

SECP Set to Revise Cost Audit Regime 

The Securities and Exchange Commission of Pakistan (SECP) has published a consultation paper on the Cost Audit Regime in...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Private Housing Society Owner Killed in Rawalpindi

A private housing society owner was shot dead, and his gunman sustained severe injuries after armed attackers opened fir...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Govt Slashes EV Charging Tariff by 45%

The federal government has reduced electricity tariffs on electric vehicle (EV) charging stations by 45 percent to encou...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Shell Pakistan to Continue Operations Through Brand Licensing with Wafi Energy

Shell Pakistan Limited has officially changed its name to ‘Wafi Energy Pakistan Limited’, effective January 13, 2025. Th...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

No Decision Made on Islamabad Airport Outsourcing: Pakistani Airports Authority

Pakistan Airports Authority (PAA) on Wednesday categorically stated that recent reports claiming the approval of the fin...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

MNAs Demand Salary Raise Following Big Increments by Punjab Assembly

Members of the National Assembly have called for an increase in their salaries as they feel their monthly wages are astr...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

Rupee Ends Day in Losses 3rd Day in a Row Despite World Bank News

The Pakistani rupee (PKR) closed in red 3rd day in a row against the US Dollar (USD) today after opening trade at 279 in...

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News Update

15

Jan 2025

Jan 15, 2025 • 5 min read

PM Shehbaz Orders Inquiry Against PIA’s Paris Advertisement

Prime Minister Shehbaz Sharif has ordered an inquiry against the Pakistan International Airlines’ (PIA) recent advertise...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Finance Minister Meets Hong Kong Chief to Explore Investment, Trade Opportunities

Finance Minister Muhammad Aurangzeb paid a visit to the Chief Executive of the Hong Kong Special Administrative Region (...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Gold Price in Pakistan Falls Again, Two Day Drop Hits Almost Rs. 3,000 

The price of 24 karat per tola gold decreased by Rs. 1,400 and was sold at Rs. 277,900 on Tuesday against its sale at Rs...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Pakistan’s Salaried Class Paid 40% More Tax Last Year 

Pakistan’s salaried class paid taxes worth Rs. 368 billion during the fiscal year 2023-24 (FY24), according to the lates...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Shell Pakistan Rebrands as Wafi Energy Pakistan Following Acquisition

Shell Pakistan Limited has officially been renamed Wafi Energy Pakistan Limited after the completion of its acquisition...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Cherat Packaging Decides to Buy Second Manufacturing Plant for Rs. 1.40 Billion

The Board of Directors of Cherat Packaging Limited (PSX: CPPL) has approved the acquisition of a second Extrusion Plant...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Brokerage House Expects 100BPS Cut in Policy Rate  

The State Bank of Pakistan (SBP) is scheduled to announce its monetary policy on January 27, with brokerage house Toplin...

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News Update

14

Jan 2025

Jan 14, 2025 • 5 min read

Govt to Establish New Authority to Address EU Concerns Over Rice Exports

In response to trade barriers imposed by the European Union (EU) on Pakistani rice imports, the government has decided t...

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