News & Updates

News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

Pakistan Seeks IMF Relief After Floods Inflict Rs. 744 Billion in Economic Losses

Pakistan has informed the International Monetary Fund (IMF) that recent floods have caused an estimated Rs. 744 billion...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

Remittances Sent by Overseas Pakistanis Clock In at $3.2 Billion in September 2025

Pakistan received $3.2 billion in overseas workers’ remittances in September 2025, according to data released Thursday b...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

FBR Moves to Publicly Disclose Assets of Public Servants

The Federal Board of Revenue (FBR) has moved to expand the scope of public asset declarations, now requiring all senior...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

Pakistan’s Foreign Exchange Firms Report Decline in Dollar Sales

Pakistan’s foreign exchange companies sold $646 million to banks in the first quarter of fiscal 2026, a 14% decline from...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

NAB Arrests Ex-Truck Driver Turned Tycoon in Rs. 40 Billion Kohistan Embezzlement Case

The National Accountability Bureau (NAB) has arrested a former dumper driver accused of orchestrating a multi-billion-ru...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

Sugar Cartel Case Sent Back to Tribunal for New Proceedings After Supreme Court Ruling

The Competition Appellate Tribunal (CAT) will initiate fresh proceedings in the sugar cartel case, which involves allega...

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News Update

09

Oct 2025

Oct 09, 2025 • 5 min read

IMF and Pakistan Make Progress Toward Reaching a Staff-Level Agreement

An International Monetary Fund (IMF) mission led by Iva Petrova concluded a two-week visit to Karachi and Islamabad on W...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Govt Appoints New Benami Authority Chairperson, Members

The federal government has appointed a new chairperson and members to the Benami Adjudicating Authority, Islamabad, for...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Treet Corporation Expands Into Personal Care Market

Treet Corporation Limited has announced its strategic entry into Pakistan’s personal care and grooming market, unveiling...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Frontier Ceramics Drops Billion Rupee Expansion Plan Amid Market Saturation

Frontier Ceramics Limited has called off its multibillion-rupee expansion project, citing a saturated ceramics market an...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Pakistan and IMF Conclude Economic Review Talks; Draft MEFP Shared

The International Monetary Fund (IMF) has shared the draft Memorandum of Economic and Financial Policies (MEFP) with Pak...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Bank of Khyber Among Asia-Pacific’s Top Performing Banks – S&P Global Market Intelligence (Q3 2025)

Bank of Khyber ranked second with a total return of 108.2%. Other Pakistan-based lenders that appeared among the top 15...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Unlock Pakistan’s Construction Market: Secure Your Exhibit Space at Build Pakistan 2025

Build Pakistan Exhibition and Conference – Let’s Build Together, jointly organized by the Ministry of Housing & Works, G...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Pakistan to Host First-Ever Maritime Investment Conference to Boost Blue Economy

Pakistan will hold the first-ever Maritime Investment Conference 2025 to boost the blue economy. Federal Minister for Ma...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Pakistan Revises GDP Growth Rate to 3.04% in FY25

Pakistan’s economy grew 3.04 percent in the fiscal year 2024–25, showing an upward revision from the earlier estimate of...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Gold Prices in Pakistan Break Records, Racing Toward Rs. 450,000 Mark

Gold prices in Pakistan surged to new record highs on Wednesday, mirroring gains in international markets as investors f...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Gold Surges Past $4,000 for First Time as Investors Flock to Safe Haven

Gold soared above $4,000 an ounce for the first time on Wednesday, extending a historic rally as investors sought refuge...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Govt Bans Mobile Operators from Sharing User Data

Cellular mobile operators cannot share data of consumers with third parties, the Minister-in-Charge of the Cabinet Divis...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

IMF, Pakistan Deadlocked on Governance Report as Talks Wrap Up

Pakistan and the International Monetary Fund (IMF) remain at odds over the release of a governance and corruption report...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

CCP Fines Two Major Steel Producers Over Rs 1.5 Billion for Price Fixing

The Competition Commission of Pakistan (CCP) has imposed fines of over Rs 1.5 billion on Aisha Steel Mills Limited (ASML...

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News Update

08

Oct 2025

Oct 08, 2025 • 5 min read

Sugar Prices May Spike Again Amid FBR System Failures

The Pakistan Sugar Mills Association (PSMA) on Tuesday said that lifting of sugar from the mills in Punjab and Sindh is...

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