News & Updates

News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Customs Seize Rs. 67.5 Million Worth of Marijuana

The Air Cargo Control Unit (ACCU) of the Customs Collectorate at Karachi’s airports has thwarted an attempt to smuggle n...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Islamabad High Court Summons CDA Chairman in Contempt Case

The Islamabad High Court has summoned the Chairman of the Capital Development Authority (CDA) to appear in person on Nov...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Gold Price Drops Again In Pakistan

Gold prices in Pakistan dropped on Thursday, mirroring losses in the international market. In the local market, the pric...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Sapphire Fibres to Invest Additional $2.5 Million in US Subsidiary

Sapphire Fibres Limited has announced plans to inject up to $2.5 million in additional equity into its wholly owned US s...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

SECP Holds High-Level Consultation on Reforming Pakistan’s Cost Audit Regime

The Securities and Exchange Commission of Pakistan (SECP) issued a Consultation Paper on the “Cost Audit Regime in Pakis...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Pakistan to Launch 47 New Co-Working Hubs for Startups and Freelancers

The Ministry of Information Technology and Telecommunication (MoITT) has set an ambitious target to establish 47 co-work...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Amreli Steels Keeps Karachi Plant Closed Amid Economic Challenges

Amreli Steels Limited has announced an extension of the suspension of business operations at its SITE Rolling Mill for a...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Govt Sets New Date For Key NFC Award Meeting

The federal government has taken the first step towards revising the National Finance Commission (NFC) Award by summonin...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Sindh Defers 45% Agriculture Income Tax

The Sindh government has postponed the implementation of up to 45% agriculture income tax for one year, restoring the pr...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Govt to Increase Petrol Prices This Week

Prices of petroleum products in Pakistan are expected to increase by up to Rs. 2.34 per litre starting November 1, drive...

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News Update

30

Oct 2025

Oct 30, 2025 • 5 min read

Govt Set to Restrict 3-Year-Old Car Imports

The government is preparing to impose stricter restrictions on the import of three-year-old used vehicles by Overseas Pa...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Cement Sector’s Quarterly Profit Jumps to Rs. 37.5 Billion

Pakistan’s listed cement companies reported a profit of Rs. 37.5 billion in 1QFY26, up 20 percent quarter-on-quarter and...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

CCP Approves PEL’s Acquisition of Stakes in PKP Group Companies

The Competition Commission of Pakistan (CCP) has approved Petroleum Exploration (Private) Limited (PEL) for the acquisit...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

SBP Aims to Educate 10 Million Pakistanis in Financial Literacy by 2028

The State Bank of Pakistan (SBP) aims to impart financial literacy to 10 million beneficiaries by the end of FY2028. Thi...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Bank Alfalah Pledges PKR 14.6 Million to Support Breast Cancer Patients

Bank Alfalah has pledged PKR 14.6 million to fund treatment for 37 breast cancer patients, strengthening its partnership...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Rupee Inches Up Against Dollar, Hits New Six-Month High

The Pakistani rupee registered a marginal improvement against the US Dollar in the inter-bank market on Wednesday. At cl...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Customs Seize Over 100 kg of Smuggled Silver Worth Millions in Major Crackdown

In a series of coordinated enforcement operations, Pakistan Customs has seized more than 100 kilograms of smuggled silve...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Sugar Mills Ordered to Install Video Analytics as FBR Tightens Monitoring

The Federal Board of Revenue (FBR) has ordered all sugar mills in Pakistan to install advanced video analytics and GPU-b...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Sapphire Chemicals to Set Up Soda Ash Plant

Sapphire Textile Mills Limited has announced that its wholly owned subsidiary, Sapphire Chemicals (Private) Limited, wil...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

JS Infocom Approves Buy-Back of Up to 60 Million Shares

The board of directors of JS Infocom Limited, a wholly owned subsidiary of Jahangir Siddiqui & Co. Ltd., has approved a...

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News Update

29

Oct 2025

Oct 29, 2025 • 5 min read

Askari Bank Ltd Posts Record Quarterly Profit of Rs. 7.5 billion

Askari Bank Limited (AKBL) posted a record profit after tax (PAT) of Rs. 7.5 billion for 3QCY25. It translated into earn...

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