News & Updates

News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Pakistan to Launch First $200-250 Million Panda Bonds in Chinese Market This Year

Pakistan plans to issue yuan-denominated bonds this yea to raise $200–250 million from Chinese investors over the next s...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Circular Debt Rises By Rs. 600 Billion Per Year Due to DISCOs’ Inefficiencies

Electricity distribution companies (DISCOs) are adding over Rs. 600 billion annually to the country’s circular debt, whi...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

SECP, FPCCI Host Awareness Seminar on Corporatization and Digitization

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Federation of Pakistan Chambers of...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Public Offer for Agritech Limited Shares Successfully Concluded

The public offer for ordinary shares of Agritech Limited (AGL), managed by Integrated Equities Limited on behalf of Fauj...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Gul Ahmed Textile’s New York-Based Venture Inks Agreement With Roberto Cavalli

Gul Ahmed Textile Mills Limited’s (PSX: GATM) New York-based venture Designer’s Linen Inc has signed a multi-year exclus...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Bullish Momentum Sees PSX Gain Nearly 1,000 Points

The Pakistan Stock Exchange (PSX) began the new week on a high as buying momentum saw the benchmark KSE-100 Index gain a...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Govt Downsizes Food Ministry By 30%

The federal government’s Rightsizing Committee has decided to cut the size of the Ministry of National Food Security and...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

Rupee Makes Giant Leap Against British Pound But Not Against US Dollar

The Pakistani rupee (PKR) closed in red ending its 2-day winning streak against the US Dollar (USD) today after opening...

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News Update

13

Jan 2025

Jan 13, 2025 • 5 min read

FBR to Buy Over 1,000 Honda City Cars Using Taxpayers Money

The Federal Board of Revenue (FBR) has issued a Letter of Intent to Honda Atlas Cars (Pakistan) Limited to purchase 1,01...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

Govt to Reshuffle Entire Economic Team With Big Changes Expected

Prime Minister Shahbaz Sharif is currently busy preparing for some big changes to his economic team, with key appointmen...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

PSX Recomposes Key Indices for 2025

The Pakistan Stock Exchange Limited has carried out the re-composition exercise of the Mahaana Islamic Index (MII30) on...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

Exclusive: Google Pay to Launch in Pakistan by March 2025

Google Pay is now officially entering Pakistan with a launch expected by mid-March 2025, sources close to the matter inf...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

FBR Again Revises Customs Value on Export of Seasonal Fruits Including Kino

The Directorate General of Customs Valuation Karachi has again revised the customs/export value of seasonal fruits (Kino...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

OGRA Notifies New RLNG Prices for January 2025

The Oil and Gas Regulatory Authority (OGRA) has notified a drop of up to 1.9 percent in Regassified Liquified Natural Ga...

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News Update

12

Jan 2025

Jan 12, 2025 • 5 min read

6-Month KIBOR Down to Roughly 3-Year Low As Inflation Rate Slows

Pakistan’s benchmark interest rate is currently trading blows at 11.89 percent as of January 10, 2025, according to late...

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News Update

11

Jan 2025

Jan 11, 2025 • 5 min read

Bahria Town Launches New Headquarters in Dubai

Bahria Town has officially entered the Dubai real estate market with the launch of its new headquarters and the announce...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Govt to Stop Advertising and Hiring for New Jobs in Next Budget

The Ministry of Finance has initiated preparations for the 2025-26 federal budget focusing on streamlining federal gover...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Google Wallet’s Anticipated Launch in Pakistan Takes Unexpected Turn

In December 2024, Google Developer Notes hinted at a full-scale rollout of Google Wallet in various countries, including...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Ground-Breaking Ceremony Held for Vivo’s Manufacturing Plant in Faisalabad

Minister for Industries and Commerce Chaudhry Shafay Hussain performed the groundbreaking ceremony of a mobile phone man...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Koto Hydropower Project to Begin Power Generation This Year

The construction of Koto hydropower project in the Lower Dir district of Khyber Pakhtunkhwa has entered the final stage....

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

KP’s Interest-Free Loan Scheme Huge for Entrepreneurs in Tourist Areas: DG

Director General (DG) of the Khyber Pakhtunkhwa Culture and Tourism Authority Ashfeen Haider Thursday unveiled a pioneer...

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