News & Updates

News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

Wafi Energy Pakistan Limited Announces Q3 2025 Results

The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the company’s financial performance for the nine...

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News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

Toyota Indus Motors’ Posts Massive Rs 6.7 Billion Profit in 1QFY26

Indus Motor Company (INDU) has reported a robust profit of Rs. 6.7 billion for the first quarter of FY26, marking a 32%...

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News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

Local Mobile Phone Manufacturing Jumps 55% in September 2025

Pakistan’s local mobile manufacturing industry recorded a strong rebound, with production and assembly surging 55 percen...

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News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

One-Third of Pakistani Tax Filers Declare Zero Income, FBR Plans Major Audit Crackdown

A startling development has surfaced in Pakistan’s ongoing tax collection campaign: nearly one-third of all income tax f...

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News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

Food Sector Debt Surges Past Rs. 325 Billion

Pakistan’s food sector is caught in a deepening financial crisis, with circular debt ballooning to Rs. 325.6 billion, mo...

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News Update

28

Oct 2025

Oct 28, 2025 • 5 min read

PM Shehbaz Orders Urgent Review of Proposed Solar Net Metering Rate Cut

The federal government is moving to cut the buyback rate for solar net metering by nearly half, as Prime Minister Shehba...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Govt to Impose Flood Levy on Luxury Goods to Fund Reconstruction

The federal government is preparing to issue a Flood Levy Ordinance to raise funds for the rehabilitation of flood-hit c...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

SBP Buys Over $20 Billion in 3 Years to Support Foreign Exchange Stability

The State Bank of Pakistan (SBP) has kept its policy rate steady at 11 percent, in line with market expectations, follow...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Mutual Funds’ Assets Cross Rs. 4 Trillion Mark for the First Time

The total assets of mutual funds managed by Pakistan’s Asset Management Companies (AMCs) have crossed the Rs. 4 trillion...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

FPCCI President Atif Ikram Sheikh Slams SBP for Keeping Policy Rate Unchanged at 11%

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the State Bank of Pakistan’...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

U.S. Diplomat Visits ZTBL, Praises Efforts to Support Small Farmers in Pakistan

The U.S. Chargé d’Affaires to Pakistan, Ms. Natalie A. Baker, visited the head office of Zarai Taraqiati Bank Limited (Z...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

After Stability, Pakistan Aims for Sustainable, Export-Focused Growth: Minister

Minister of State for Finance Bilal Azhar Kayani said Pakistan has achieved major progress in restoring macroeconomic st...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Zarea Signs MoU with Telenor Pakistan to Digitize Agriculture Sector

Zarea Limited has signed a Memorandum of Understanding (MoU) with Telenor Pakistan (Pvt.) Limited to collaborate on mult...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Rupee Shows Mixed Trend Against Major Currencies, Slightly Up vs US Dollar

Pakistani rupee registered a slight gain against the US dollar in the inter-bank market on Monday, closing marginally hi...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Saudi Arabia to Roll Over $5 Billion Deposits, Extend $1 Billion Oil Facility to Pakistan

Saudi Arabia will provide Pakistan with a $1 billion oil financing facility and roll over $5 billion in deposits during...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

SBP Leaves Interest Rate Unchanged for 4th Meeting in a Row

The State Bank of Pakistan (SBP) announced on Monday that the Monetary Policy Committee has kept the interest rate uncha...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

All Airports in Pakistan to Go Cashless in Major Digital Transformation

The Pakistan Airports Authority (PAA) has announced plans to make all airports nationwide fully cashless. Under this ini...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

PIA Holding Company Approves Transfer of PEC to PAF-Controlled Entity

Shareholders of PIA Holding Company Limited (PIAHCL) have approved the transfer of the Precision Engineering Complex (PE...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Fauji Cement Company Limited Posts Rs. 3.3 Billion Profit in 1QFY26

Fauji Cement Company Limited (FCCL) has announced a profit after tax (PAT) of Rs. 3.3 billion for the first quarter of t...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

NTC Fails to Deposit Rs. 16.67 Million Non-Tax Revenue in Federal Fund: AGP Report

The Auditor General of Pakistan (AGP) has revealed that the National Telecommunication Corporation (NTC) failed to depos...

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News Update

27

Oct 2025

Oct 27, 2025 • 5 min read

Per Tola Gold Price in Pakistan Continues to Decrease

Gold prices in Pakistan dropped on Monday, following a decline in the international market. In the local market, the pri...

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