News & Updates

News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

5G Launch Could Get Delayed If CCP Doesn’t Approve PTCL-Telenor Merger

The government’s timeline for launching 5G services by April 2025 could get delayed even more if the Competition Commiss...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Engro Holdings to Issue 722.9 Million Shares For Eligible Shareholders

The Board of Directors of Engro Holdings Limited (EHL) on Friday approved the allotment and issuance of an aggregate of...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Time to Stop Complaining and Start Contributing to Pakistan’s Growth [Opinion]

Written by: P@SHA Vice President Muhammad Umair Nizam It’s easy to sit back and point fingers at what’s wrong in Pakista...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Pace Evergreen Signs Multibillion-rupee Agreements with Multan Waste Management Company 

Pace (Pakistan) Limited Friday announced that Pace Evergreen Initiative has signed two multibillion-rupee agreements wit...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Rupee Ends Week With Small Gains Against US Dollar 2nd Day in a Row Today

The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening trade at 2...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

PM Shehbaz Orders FBR to Dispose Off Pending Revenue Cases in Courts

Prime Minister Shehbaz Sharif to expedite the resolution of pending revenue cases in courts and warned that no delays wi...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

SBP Likely to Cut Key Interest Rate 6th Consecutive Time This Month

The State Bank of Pakistan (SBP) is expected to cut the monetary policy rate this month after 5 consecutive cuts in its...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

PSX Closes Week on a High as KSE-100 Gains Over 600 Points

After ending in red on the first four days of the week, the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX)...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

IMF Approves Removal of 18% GST on PIA Aircraft

The National Assembly Standing Committee on Privatization was informed that the International Monitory Fund (IMF) agreed...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Weekly Inflation Falls Below 2% as Food, Fuel Prices Drop

The Sensitive Price Index (SPI) based inflation for the week ended January 8, 2024, increased by 1.9 percent on a year-o...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

PPL and Its Partners Begin Gas Production At Takri-1 Exploratory Well in Sindh

A joint venture comprising Pakistan Petroleum Limited (PSX: PPL), United Energy Pakistan Limited (UEPL), and Asia Resour...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

FBR Implements Interim Measures for Safe Transit Cargo to Afghanistan, Plans Advanced Tracking System

The Federal Board of Revenue (FBR) has taken major steps for monitoring and safe transportation of transit and transship...

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News Update

10

Jan 2025

Jan 10, 2025 • 5 min read

Remittances Cross $3 Billion Mark After Going Up by 29% in December 2024

Remittances by overseas Pakistanis increased by 29 percent year-on-year (YoY) to $3.1 billion during December 2024 compa...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

Kacchi Canal Repair Cost Spikes to Rs. 14.7 Billion in Just One Year

The cost of repairing the Kacchi canal has surged from Rs. 8.28 billion to Rs. 14.70 billion within a year, marking an i...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

Owners of Farmhouses in Gulberg Greens Islamabad Challenge CVT 

The owners of farmhouses (1000 square yards) located in Gulberg Greens Islamabad have challenged the imposition of the C...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

Parliamentary Panel Seeks Report from Climate Ministry on COP29 Outcomes

The Senate Standing Committee on Climate Change Thursday sought a comprehensive report from the Ministry of Climate Chan...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

SBP Reserves Fall for Third Time in Three Weeks  

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell slightly on a weekly basis according to data...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

PBC Urges FBR to Restore Satellite Tracking of Afghanistan Bound Transit Cargo Containers 

The Pakistan Business Council (PBC) has strongly recommended the Federal Board of Revenue (FBR) to restore satellite tra...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

Corporate Sector Paid Highest Rs. 3 Trillion Income Tax in FY24

The Federal Board of Revenue (FBR) has disclosed that the corporate sector contributed Rs 3.061 trillion in income tax d...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

Our Debt and Balance of Payments Are Under Control: SBP Governor

The State Bank of Pakistan (SBP) Governor Jameel Ahmed assured on Thursday that Pakistan’s debt level and balance of pay...

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News Update

09

Jan 2025

Jan 09, 2025 • 5 min read

SECP Alerts Against Two Fraudulent Investment Schemes Looting Public

The Securities and Exchange Commission of Pakistan (SECP) has identified another illegal deposit-taking/investment schem...

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