News & Updates

News Update

06

Jan 2025

Jan 06, 2025 • 5 min read

Pakistan’s Central Govt Debt Goes up by 1.8% in November 2024 

The total public debt stock of the federal government increased by 11 percent on a year-on-year (YoY) basis in November...

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News Update

06

Jan 2025

Jan 06, 2025 • 5 min read

ECC Approves Technical Supplementary Grant’s Worth Billions of Rupees  

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

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News Update

06

Jan 2025

Jan 06, 2025 • 5 min read

These Top Stocks Will Help PSX Rise Even Higher in 2025: Report

The benchmark KSE-100 index is expected to reach 160,000 by year-end, representing a 40 percent return in 2025. Vice Pre...

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News Update

05

Jan 2025

Jan 05, 2025 • 5 min read

Gold Price in Pakistan Falls For the First Time in 4 Days

The price of 24 karat per tola gold decreased by Rs. 1,200 and was traded at Rs. 275,700 on Saturday against its sale at...

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News Update

05

Jan 2025

Jan 05, 2025 • 5 min read

Govt to Save Rs. 170 Billion Per Year After Latest Pension Reforms

The federal government is expected to save Rs. 1.7 trillion over the next decade (Rs. 170 billion/year) due to the lates...

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News Update

05

Jan 2025

Jan 05, 2025 • 5 min read

Pakistan’s Textile Exports Increase By 9.7% in First Half of FY25

The country’s textile group exports increased by 9.7 percent in the first half (July-December) of the current fiscal yea...

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News Update

05

Jan 2025

Jan 05, 2025 • 5 min read

Banking Sector’s ADR Improves to 51.8% in December 2024

Bank advances increased by Rs. 700 billion as of December 27, 2024, according to the latest data by the State Bank of Pa...

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News Update

05

Jan 2025

Jan 05, 2025 • 5 min read

66% of the Historic 2024 PSX Rally Was Driven by These 3 Sectors

The benchmark KSE-100 index has posted a solid growth of 84 percent, adding 52,676 points during CY24. According to Topl...

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News Update

04

Jan 2025

Jan 04, 2025 • 5 min read

Chinese Company to Invest $700 Million in IT and Smart City Projects in Punjab

A Chinese company, Chengdu, plans to invest $700 million in Punjab’s Information Technology (IT) and smart city projects...

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News Update

04

Jan 2025

Jan 04, 2025 • 5 min read

Saudia Arabia Keen to Invest in Pakistan’s Tourism Sector

Saudi Arabia has shown keen interest in investing in Pakistan’s hospitality sectors, a move that could significantly boo...

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News Update

04

Jan 2025

Jan 04, 2025 • 5 min read

IMF Demands Pakistan Impose a 5% Levy to Discourage Gas Use by Captive Power Units

The International Monetary Fund (IMF) has demanded that Pakistan impose a 5% levy on the base price of Rs. 4,500 per MMB...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Pakistan Misses IMF Deadline to Amend Sovereign Wealth Fund Act

The federal government has failed to meet a key International Monetary Fund (IMF) condition to amend the Pakistan Sovere...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

IT Ministry Commences Rightsizing, Abolishes NITB

The Ministry of Information Technology and Telecommunication (MoIT&T) has initiated a comprehensive rightsizing exercise...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Cotton Arrivals Down 33% Over Last Year 

Seed cotton (phutti) equivalent to over 5.4 million bales has reached ginning factories across Pakistan till December 31...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

PSW Integrates Multiple Govt Organizations for Exchange of Data During Clearances of Imports, Exports 

Pakistan Single Window (PSW) has integrated seven big government organizations including provincial revenue authorities...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

ADB, SECP Collaborate to Enhance Gender Diversity in NBMFCs 

The Asian Development Bank (ADB) and the Securities and Exchange Commission of Pakistan (SECP) conducted a two-day Train...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Pak PWD Proposes Up to 125% Hike in Rental Allowances for Federal Employees

The Pakistan Public Works Department (Pak PWD) has recommended a significant increase of 60-125 percent in the rental ce...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Govt Postpones Sale of Pakistan National Shipping Corporation

The federal government has decided to postpone the privatization of the Pakistan National Shipping Corporation (PNSC) to...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

D.M. Textile Mills Changes Its Line of Business to Real Estate

The Board of Directors and shareholders of D.M. Textile Mills Limited (PSX: DMTX), after considering the available resou...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

These Were the Major Developments in Pakistan’s Banking Sector in 2024

Pakistan’s banking sector maintained robust growth during 2024, experiencing a profitable trajectory, expansion in opera...

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News Update

03

Jan 2025

Jan 03, 2025 • 5 min read

Engro Corp and Dawood Hercules All Set to Finalize Restructuring Process

Engro Corporation Limited (ENGRO) and Dawood Hercules Corporation Limited (DAWH) are set to finalize the restructuring p...

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