News & Updates

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

Bank Loans for Buying Cars Up 25% in July 2025

Auto financing in Pakistan grew sharply by 25.3% year-on-year (YoY) in July 2025, reaching Rs. 286 billion compared to R...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

SBP’s Dollar Purchases from Interbank Market Near $8 Billion in a Year

Pakistan’s central bank has purchased $7.76 billion from the interbank foreign exchange market over the past 12 months t...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

PM Shehbaz Launches 10 Million Digital Wallets for BISP Beneficiaries

Prime Minister Shehbaz Sharif on Monday launched 10 million digital wallets for beneficiaries of the Benazir Income Supp...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

Pakistan Received $695 Million in Foreign Loans in July, Up 59% from Last Year

Pakistan obtained $695 million in foreign loans during July 2025, the first month of the current fiscal year, marking a...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

Govt to Impose 40% Tariff on Used Cars

The government has announced that accidental and low-quality used cars will not be allowed into Pakistan, while a hefty...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

OGDCL Receives Rs. 7.7 Billion 2nd Interest Payment Under Circular Debt Plan

The Oil and Gas Development Company Limited (OGDCL) on Tuesday announced that it has received the second installment of...

Read Full Article

News Update

26

Aug 2025

Aug 26, 2025 • 5 min read

Pakistan Releases Rs. 100 Billion Payment to Ease Chinese Power Sector Concerns

In a move aimed at addressing one of Beijing’s longstanding concerns, Pakistan has decided to clear Rs. 100 billion in d...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Appellate Tribunal Declares Serving Tax Notices via IRIS Illegal

The Appellate Tribunal Inland Revenue (ATIR) Islamabad has ruled that serving notices to taxpayers solely through the Fe...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

FIA, NAB Raid Bahria Town Offices

Law enforcement agencies on Monday intensified their crackdown on financial crimes, as the Federal Investigation Agency...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Govt Prepares Rs. 27 Billion Financial Package for Utility Stores Corporation

The National Assembly Standing Committee on Privatization expressed deep concern over the shutdown of Utility Stores ope...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

NA Panel Reviews PIA Privatization, Bids Expected in Last Quarter

The National Assembly’s Standing Committee on Privatization, chaired by MNA Farooq Sattar, on Monday reviewed progress o...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Zong CMPak and Zindigi Partner to Drive Digital Banking Access for G2P Projects

Zong, Pakistan’s leading technology innovation company, has entered a strategic partnership with Zindigi, the fastest gr...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Gold Prices Hold Steady in Pakistan

Gold prices in Pakistan remained unchanged on Monday, with the yellow metal steady after sharp gains over the weekend. A...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

New Toll Tax Announced for Islamabad Lahore (M2) Motorway

The National Highway Authority (NHA) has announced new toll tax rates for the Lahore, Islamabad Motorway (M2), which wil...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Pakistan’s 5G Future is Stuck in Legal Hurdles

The Senate Standing Committee on Information Technology has raised alarm over prolonged legal disputes stalling Pakistan...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

FBR’s New Policy to Tax Online Sellers Working From Home Challenged

The Senate Standing Committee on Information Technology expressed serious concerns over the Federal Board of Revenue (FB...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

OGDCL’s Journey of Powering Pakistan’s Future with Resilience

Established in 1961, Oil and Gas Development Company Limited (OGDCL) has remained at the forefront of Pakistan’s energy...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

NLC, DP World Complete 1st Commercial Cargo Delivery From UAE to Tajikistan

Pakistan’s National Logistics Corporation (NLC) and DP World, a Dubai-based global logistics giant, have successfully co...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

First Session of 11th NFC Award Scheduled for August 29

The first meeting of the 11th National Finance Commission (NFC) Award has been convened on August 29, with Finance Minis...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

Punjab’s Loan Skyrockets by Rs. 405 Billion in 38 Days Under CM Maryam

The Province of Punjab has emerged as the biggest borrower among all provinces, securing a staggering Rs. 405 billion lo...

Read Full Article

News Update

25

Aug 2025

Aug 25, 2025 • 5 min read

World Bank Approves $47.9 Million Grant to Boost Primary Education in Punjab

The World Bank has approved a US$47.9 million grant, funded by the Global Partnership for Education Fund, to help improv...

Read Full Article