News & Updates

News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Cocomo Maker Ismail Industries to Establish Wholly-Owned Subsidiary in Europe

Ismail Industries Limited has announced its decision to establish a wholly-owned subsidiary in Spain, marking a signific...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Chashma Sugar Mills Completes Amalgamation with Ultimate Whole Foods

Chashma Sugar Mills Limited (CSM) has officially completed its amalgamation with its wholly-owned subsidiary, Ultimate W...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Treet Battery Enters Lithium-Ion Battery Market Through Partnership with Chinese Firm

Treet Battery Limited (TBL) has announced a strategic agreement with Highstar Digital Energy Technology (Guangdong) Co....

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Utility Stores Corporation Announces Termination of All Employees

The administration of the Utility Stores Corporation (USC) has issued a formal circular announcing the termination of al...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Textile Sector Drives Pakistan’s Export Growth: Ministry

The Minister for Commerce chaired a high-level meeting today to review Pakistan’s trade performance during the first two...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Pakistan-IMF Talks for $1 Billion Loan Tranche to Begin This Month

Pakistan and the International Monetary Fund (IMF) are set to begin negotiations for the release of the next $1 billion...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Avanceon Secures $8.8 Million in Strategic Projects Across the Middle East

Avanceon Limited, a leading industrial automation and system integration company, has announced the successful acquisiti...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Pakistan to Adopt Global-Grade Cybersecurity Standards, Scrapping Outdated 1994 Model

The government has approved the implementation of a comprehensive framework for Cryptographic and IT Security Devices un...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Pakistan’s Biggest Tech Awards Return With HBL P@SHA’s Annual ICT Awards

HBL P@SHA’s Annual ICT Awards have been playing a strong, catalytic role in driving innovation and growth for the past 2...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Govt Lifts Ban on New Gas Connections

Federal Minister for Petroleum Ali Pervaiz Malik announced that the federal cabinet has approved the resumption of new g...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Pakistan Secures $285 Million in Guarantees for Panda Bond Issuance

Pakistan has secured $285 million in guarantees from the Asian Development Bank (ADB) and the Asian Infrastructure Inves...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

SBP Opens Single Account for Prime Minister’s Relief Fund Donations

The State Bank of Pakistan (SBP) announced that donations for the Prime Minister’s Relief Fund for Flood, Earthquake, an...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

FBR Unveils Ambitious Transformation Plan to Boost Tax-to-GDP Ratio to 18%

The Federal Board of Revenue (FBR) unveiled its comprehensive transformation plan aimed at increasing Pakistan’s tax-to-...

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News Update

11

Sep 2025

Sep 11, 2025 • 5 min read

Dubai’s DP World Partners with Pakistan to Build $400 Million Freight Corridor

Dubai-based global port operator DP World has partnered with Pakistan’s National Logistics Corporation (NLC) and Pakista...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Sindh Cancels NOC for Bahria Town Karachi

The Sindh Building Control Authority (SBCA) has cancelled the provisional No Objection Certificate (NOC) for sale and ad...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Senator Questions SBP Governor’s Authority to Set Own Salary

The Senate Standing Committee on Finance, chaired by Senator Muhammad Abdul Qadir, on Wednesday requested details of the...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Govt to Fast Track Establishing a Social Media Regulatory Authority

The government has expedited the process for establishing a Social Media Regulatory Authority, officials of the National...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

CCP Approves Merger of European Milk Companies Working in Pakistan

The Competition Commission of Pakistan (CCP) has approved the merger of M/s. Milcobel CV with and into M/s. Zuivelcoöper...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Shanghai Electric Pulls Out of $1.77 Billion Deal to Acquire K-Electric

In a significant turn of events for Pakistan’s energy sector, Shanghai Electric Power (SEP) has officially terminated it...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Rupee Barely Manages to Drag on 24-Day Winning Streak Against US Dollar

The Pakistani rupee continued its positive momentum against the US dollar, appreciating marginally in the inter-bank mar...

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News Update

10

Sep 2025

Sep 10, 2025 • 5 min read

Pakistan Joins Hands with Hong Kong to Modernize Justice System and Arbitration

The Ministry of Law and Justice of Pakistan and the Department of Justice of the Hong Kong Special Administrative Region...

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