News & Updates

News Update

29

Sep 2025

Sep 29, 2025 • 5 min read

Pakistan, IMF Kick Off Talks for $1.2 Billion Loan Tranche

Pakistan and the International Monetary Fund (IMF) have begun negotiations at the Ministry of Finance for the release of...

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News Update

29

Sep 2025

Sep 29, 2025 • 5 min read

SBP Asks Banks to Undertake Basel III Reforms

The State Bank of Pakistan (SBP) has directed commercial banks to undertake Phase II of the Basel III reforms, aiming to...

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News Update

29

Sep 2025

Sep 29, 2025 • 5 min read

Pakistan Offers 1,000 Acres to Turkiye for Karachi Export Zone

Pakistan has offered 1,000 acres of land, free of cost, to Turkiye for the establishment of a dedicated Export Processin...

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News Update

28

Sep 2025

Sep 28, 2025 • 5 min read

Online Money Transfers Faces 2-Hour Delay – SBP Finally Reveals Truth

The State Bank of Pakistan (SBP) has clarified that all digital fund transfers in the country are processed in real time...

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News Update

28

Sep 2025

Sep 28, 2025 • 5 min read

Dairy Farmers Threaten to Increase Milk Price by Rs. 50 Per Liter

Dairy farmers in Karachi have called for an immediate increase of Rs50 per litre in milk prices, warning of severe finan...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

FBR Takes a U-Turn on Property Declaration in Income Tax Return Forms

The federal government has decided to remove the “Estimated Fair Market Value” column from this year’s income tax return...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

PSX Launches End-of-Day Product in Collaboration with Deutsche Börse AG

In a major stride toward global data integration, transparency, and commercial innovation, the Pakistan Stock Exchange (...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

PayFast and Askari Bank Partner to Advance Digital Payment Innovation in Pakistan

In a strategic step towards enhancing the digital financial landscape of Pakistan, PayFast, a State Bank of Pakistan-lic...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Local Mobile Phone Manufacturing Drops 46% in August 2025

Local mobile phone manufacturing and assembly in Pakistan fell sharply by 46% month-on-month in August 2025, with 1.94 m...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

KSE-100 Index Surges to Record High, Closes Above 162,000 Points

The Pakistan Stock Exchange’s (PSX) KSE-100 benchmark index soared to an unprecedented 162,257 points on Friday, marking...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Pakistan, China Set Ambitious Roadmap for CPEC Phase-II at JCC Meeting

Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, on Friday, expressed confiden...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Beco Steel Eyes $22 Million in New Export Orders After Successful Hong Kong Deal

Beco Steel Limited has announced it is in advanced talks with international clients and expects to secure new export ord...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Gold Prices Drop for 2nd Consecutive Day

Gold prices in Pakistan declined for the second consecutive day on Friday, mirroring losses in the international market....

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Indus Dyeing Reports Employee Fraud, Authorities Freeze Rs. 522 Million in Assets

Indus Dyeing and Manufacturing Limited has reported a significant case of financial embezzlement, allegedly involving tw...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

PSO to Wind Up Its Wholly-Owned Subsidiary

The Board of Management of Pakistan State Oil Company Limited (PSO) has approved the winding up of its wholly-owned subs...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Nishat Hotels & Properties Set to Acquire Majority Stake in Rafhan Maize

Rafhan Maize Products Company Limited has announced that its majority shareholder, Ingredion Incorporated, has entered i...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Reliance Cotton Spinning Mills to Merge with Sapphire Fibres Ltd

Reliance Cotton Spinning Mills Limited (RCSML) has announced that its Board of Directors has approved a scheme for the a...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Pakistan, China to Establish Data Centers, Fiber Optic Networks, and Joint CPEC AI Initiatives

Pakistan and China have agreed to expand cooperation under the China-Pakistan Economic Corridor (CPEC) by setting up adv...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Foreign Loans to Pakistan Nearly Double in Early FY26

Pakistan’s foreign assistance inflows surged to $1.377 billion in the first two months of the current fiscal year, nearl...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Govt Releases Rs. 8.6 Billion for IT Ministry Projects Under PSDP

The federal government has released Rs. 8.6 billion for the Ministry of Information Technology and Telecommunication (Mo...

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News Update

26

Sep 2025

Sep 26, 2025 • 5 min read

Pakistan’s Freelancers Could Generate $1 Billion in Annual Earnings: Experts

Stakeholders believe that Pakistan’s freelancing community could boost its annual earnings beyond $1 billion, thanks to...

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