News & Updates

News Update

19

Nov 2025

Nov 19, 2025 • 5 min read

Electricity Bills Likely to Rise in 2026

Pakistani households and industries may face higher electricity bills next year as the national power regulator began ex...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Reko Diq Moves Closer to Execution as Financing Nears Completion, 20% Work Done

The multibillion-dollar Reko Diq copper and gold project has moved closer to execution after the Petroleum Division info...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

FTO Wants Nationwide Audit, Gerry’s Dnata License Cancellation After Alleged Multibillion-Rupee Fraud

The Federal Tax Ombudsman (FTO) has urged the Federal Board of Revenue (FBR) to launch a three-year nationwide audit of...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Pakistan’s Biggest Gold Project to Bring 7,500 Jobs and $53 Billion

Pakistan is set to earn $53 billion over 37 years from the Reko Diq Copper-Gold project in Balochistan, which will also...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

‘Unbeatable’ Rupee Rises 38th Consecutive Day Against US Dollar

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 38th day in a row on Tuesday. Meanwhile, it posted...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

CDA Serves Notice to Housing Scheme Over Unauthorized Development

The Capital Development Authority has issued a show-cause notice to the sponsors of the Usman Enclave housing scheme in...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

OGRA Cracks Down on LPG Overcharging as Full Cylinder Rates Spike to Rs. 3,000

The Oil and Gas Regulatory Authority has issued a strong warning to LPG filling plants across Pakistan after receiving r...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Barkat Frisian Agro Sets Up UAE Subsidiary to Enter GCC Market

Barkat Frisian Agro Limited (PSX: BFAGRO) has established a wholly owned subsidiary in the United Arab Emirates to accel...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Millat Tractors to Enter New Foreign Markets Like Mexico As Afghan Exports Decline

Millat Tractors Limited is shifting its export strategy toward new destinations, including Mexico, as sales to Afghanist...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Govt to Wind Up PASSCO And Create New Company to Settle Its Rs. 121 Billion Debt

The federal government has moved ahead with the winding up of Pakistan Agricultural Storage and Services Corporation Lim...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Gold Prices Fall Massively in Pakistan

Gold prices in Pakistan dropped on Tuesday in line with losses in the international market. In the local market, the pri...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

5G Auction Report Submitted; Rollout to Begin After Policy Directive

The National Assembly Standing Committee on Information Technology, chaired by Syed Amin-ul-Haque, was informed that 606...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Allied Bank Unlocks Growth for Agricultural Businesses with Warehouse Facility

Allied Bank Limited, one of Pakistan’s leading financial institutions, recently concluded a series of awareness activiti...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Pakistan Customs Seizes Rs. 450 Million Worth of Crystal Meth

Pakistan Customs has carried out a major narcotics interception near the Panjgur Washuk border, seizing 30 kilograms of...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Matco Foods Plans IPO for Falak Foods Subsidiary on PSX

Matco Foods Limited has announced plans to list its wholly owned subsidiary, Falak Foods (Pvt.) Limited, as a separate l...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Dost Steels Ltd Diversifies Into Construction Materials Supply

Dost Steels Limited has announced a significant shift in its business strategy, expanding beyond steel re-rolling to ent...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Can the Central Bank Release Payments from Account No. 1?

Serious questions have emerged over the operation of Pakistan’s Federal Consolidated Fund (FCF), commonly known as Accou...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

LPG Sector Seeks 100% Increase in Allowed Profit Margin

Pakistan’s liquefied petroleum gas industry has urged the government to raise its official margin to Rs. 72,800 per metr...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Pakistan Delays $250 Million Panda Bond Launch

The government has postponed its plan to issue $250 million worth of Panda Bonds, originally scheduled for December 2025...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Auto Loans Climb for 11th Straight Month

Auto financing in Pakistan grew for the 11th consecutive month, reaching Rs. 315.4 billion by the end of October 2025, u...

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News Update

18

Nov 2025

Nov 18, 2025 • 5 min read

Govt Rules Out Guarantees for PIA Buyers

The government plans to finalize the sale of Pakistan International Airlines (PIA) within this year and will not offer a...

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