News & Updates

2024-06-28 00:00:00
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Ismail Industries to Set Up Subsidiary in UAE

Ismail Industries Limited (PSX: ISIL) has decided to establish a wholly-owned subsidiary in Abu Dhab...
2024-06-28 00:00:00
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Banks to Remain Closed on Monday

The State Bank of Pakistan (SBP) will remain closed for public dealing on July 1, 2024 (Monday), whi...
2024-06-28 00:00:00
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Innovate47 Officially Launches in Pakistan

Innovate47, a new program aimed at empowering Pakistani entrepreneurs to tackle climate change, has...
2024-06-28 00:00:00
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IT Minister Urges Swedish Companies to Invest in Pakistan

Minister of State for IT and Telecommunication Shaza Fatima Khawaja said that the present government...
2024-06-28 00:00:00
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P@SHA Urges Higher Tax Rate on Remote Workers in Budget

Atif Iqbal Sheikh, President FPCCI, has voiced strong concerns about the recently announced Federal...
2024-06-28 00:00:00
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HTL Inks MoU With South Korean Supplier for High-End Synthetic Lubricants

Hi-Tech Lubricants Limited (PSX: HTL) has signed a Memorandum of Understanding (MOU) with its princi...
2024-06-28 00:00:00
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IFC Approves 7-Year Debt Financing of $400 Million For PTCL to Buy Telenor Pakistan

The International Finance Corporation (IFC) has approved the debt financing of up to $400 million fo...
2024-06-28 00:00:00
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Govt Might Retain 15% Income Tax on Banks’ Profits After PM’s Orders

Prime Minister Shehbaz Sharif has likely dented any chances of withdrawal of 15 percent income tax o...
2024-06-28 00:00:00
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CDWP Approves Development Projects Worth Rs. 900 Billion

The Central Development Working Party (CDWP) has approved 26 development projects worth Rs. 900 bill...
2024-06-28 00:00:00
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ECC Approves Various Technical Supplementary Grants Worth Billions of Rupees

The Economic Coordination Committee (ECC) of the cabinet Thursday approved 19 Technical Supplementar...
2024-06-28 00:00:00
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ECC Approves Establishment of Pension Fund

The Economic Coordination Committee (ECC) of the Cabinet Thursday gave the principle approval to the...
2024-06-27 00:00:00
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FBR Grants License to Firm for Integration of Electronic Invoicing

The Federal Board of Revenue (FBR) has granted license to M/s Haball (Pvt.) Ltd., Karachi for the pu...
2024-06-27 00:00:00
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SBP Deputy Governor Encourages Banks to Embrace SME Finance as Core Business Line

The State Bank of Pakistan (SBP) joined the global community in celebrating Micro, Small, and Medium...
2024-06-27 00:00:00
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SBP Reserves Fall Below $9 Billion Mark After $239 Million Weekly Decline

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell below the $9 billion mar...
2024-06-27 00:00:00
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NEPRA Deliberates KE’s Tariff Petitions for Reliable Power Supply to Karachi

The National Electric Power Regulatory Authority (NEPRA) conducted a hearing today on K-Electric’s d...
2024-06-27 00:00:00
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CCP to Initiate Inquiry Against Mezan Beverages for Copying Sting Packaging

The Lahore High Court (LHC) has dismissed the writ petition filed by M/s Mezan Beverages Pvt. Ltd ag...
2024-06-27 00:00:00
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Foreign Investors Repatriate $1.8 Billion Profit in 11 Months of FY24

The repatriation of profit and dividends by foreign investors surged to $1.81 billion in 11MFY24, up...
2024-06-27 00:00:00
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Rupee Posts Small Gains Against US Dollar 3rd Day in a Row

The Pakistani rupee (PKR) rose third day in a row against the US Dollar today after opening trade at...
2024-06-27 00:00:00
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OGDC Waives Off Rs. 72 Billion Govt Debt

The federal government has approved the repayment of interest of Rs. 92 billion in twelve equal inst...
2024-06-27 00:00:00
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FBR to Begin Tax Collection from Over 39,000 Retailers Under Tajir Dost Scheme

The Federal Board of Revenue (FBR) will start collecting taxes from traders who have registered with...

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