News Update

22

Dec 2024

Dec 22, 2024 • 5 min read

Pakistan is Now 88% Less Likely to Default on its Debt But Issues Remain

Pakistan’s chances of defaulting on its debt have fallen far below the point where panic is bliss, with the cost of ‘ins...

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News Update

21

Dec 2024

Dec 21, 2024 • 5 min read

National Finance Olympiad 2024: ICAP Celebrates a Decade of Financial Excellence

The Institute of Chartered Accountants of Pakistan (ICAP) is proud to mark a milestone with the grand celebration of the...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Omore And Walls Face Huge Fine Over Deceptive Marketing

The Competition Commission of Pakistan (CCP) has imposed penalties of Rs. 75 million each on two manufacturers of frozen...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Branded Oil and Ghee Prices Increase by Rs. 100 Per Kilo

Manufacturers of branded ghee and cooking oil have increased prices, even as the cost of imported palm oil has shown a d...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

FBR to Add Hotels, Restaurants and Ride-Hailing Companies to Single Sales Tax Return

The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities/Board will extend the scope of a Single Sa...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Bulls Return to PSX as KSE-100 Index Gains Over 3,200 Points

After two-days of record-breaking selloff, buying returned to the Pakistan Stock Exchange (PSX) on Friday as the benchma...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Hoechst Pakistan to Set Up Subsidiary in UAE

Hoechst Pakistan Limited (PSX: HPL) has announced plans to incorporate a wholly owned foreign subsidiary in the United A...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Digital Channels Now Handling 87% of Retail Payments in Pakistan

The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q1 FY25, highlighting significant...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Pakistan Seeks $500 Million Additional Project Financing from Multilateral Institutions

The government is preparing to secure an additional $500 million in project financing from multilateral institutions dur...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Govt Establishes Firm to Oversee Contributory Pension Scheme for New Civil Servants

The government had approved the introduction of a contributory pension system for new entrants into the civilian workfor...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Weekly Inflation in Pakistan Rises by 0.38%

The Sensitive Price Index (SPI)-based inflation for the week ended December 19, 2024, increased by 0.38% due to an incre...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Transaction Restrictions on Non-Filers Violates the Law: Tax Expert

A leading tax expert has apprehended that the restrictions on financial transactions of non-filers under “Tax Laws (Amen...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Rupee Ends in Red Against US Dollar for Fourth Time This Week

The Pakistani rupee (PKR) ended the week in red against the US dollar (USD) on Friday, making it the fourth session this...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

World Bank Likely to Approve Sindh’s $450 Million Housing Reconstruction for Flood Victims

The World Bank’s board of directors is likely to approve ‘Sindh Flood Emergency Housing Reconstruction Project’ worth $4...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

PSX, Leading Chinese Exchanges Ink MoUs to Foster Collaboration

A high-level delegation from Pakistan’s capital markets, led by Akif Saeed, Chairman of the Securities and Exchange Comm...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

PM Forms Committee to Review Allowances for Govt Servants

Prime Minister Shehbaz Sharif has constituted a Special Committee to review the proposals received by Finance Division f...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Stock Brokers Express Concern Over Recent Amendments to NCCPL Regulations

The Pakistan Stock Brokers Association has expressed its concerns regarding the approved amendments to the NCCPL Regulat...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Finance Minister Reiterates Govt’s Resolve to Restructure Tax Machinery

Federal Minister for Finance Senator Muhammad Aurangzeb Friday reiterated the government’s resolve to restructure and tr...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

Rafhan Maize to Acquire Silo-Based Storage Facility in Deepalpur

Rafhan Maize Products Co. Limited (PSX: RMPL) has announced plans to begin negotiations and conduct due diligence for th...

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News Update

20

Dec 2024

Dec 20, 2024 • 5 min read

SBP Directs Banks to Adopt AAOIFI Shariah Standards

State Bank of Pakistan (SBP) has directed Islamic banks to adopt the Shariah Standard Shariah Standard of the global Isl...

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News Update

19

Dec 2024

Dec 19, 2024 • 5 min read

PEC Workshop Addresses Key Challenges in Construction Industry

The Pakistan Engineering Council (PEC) organized a Construction Projects Stakeholders Consultative Workshop to address p...

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News & Updates

Pakistan is Now 88% Less Likely to Default on its Debt But Issues Remain

National Finance Olympiad 2024: ICAP Celebrates a Decade of Financial Excellence

Omore And Walls Face Huge Fine Over Deceptive Marketing

Branded Oil and Ghee Prices Increase by Rs. 100 Per Kilo

FBR to Add Hotels, Restaurants and Ride-Hailing Companies to Single Sales Tax Return

Bulls Return to PSX as KSE-100 Index Gains Over 3,200 Points

Hoechst Pakistan to Set Up Subsidiary in UAE

Digital Channels Now Handling 87% of Retail Payments in Pakistan

Pakistan Seeks $500 Million Additional Project Financing from Multilateral Institutions

Govt Establishes Firm to Oversee Contributory Pension Scheme for New Civil Servants

Weekly Inflation in Pakistan Rises by 0.38%

Transaction Restrictions on Non-Filers Violates the Law: Tax Expert

Rupee Ends in Red Against US Dollar for Fourth Time This Week

World Bank Likely to Approve Sindh’s $450 Million Housing Reconstruction for Flood Victims

PSX, Leading Chinese Exchanges Ink MoUs to Foster Collaboration

PM Forms Committee to Review Allowances for Govt Servants

Stock Brokers Express Concern Over Recent Amendments to NCCPL Regulations

Finance Minister Reiterates Govt’s Resolve to Restructure Tax Machinery

Rafhan Maize to Acquire Silo-Based Storage Facility in Deepalpur

SBP Directs Banks to Adopt AAOIFI Shariah Standards

PEC Workshop Addresses Key Challenges in Construction Industry

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