News & Updates

News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

91% Pakistanis Didn’t Shop Online in First Half of 2025: Survey

A nationwide Gallup & Gilani Pakistan survey shows extremely low participation in online shopping, with 91 percent of re...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

PSEB Seeks IT Industry Proposals for Federal Budget 2026–27

The Pakistan Software Export Board (PSEB) has invited proposals from the country’s IT and IT-enabled services (ITeS) ind...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

World Bank Approves $400 Million Loan for Punjab Clean Water and Sanitation Project

The World Bank’s Board of Executive Directors yesterday approved $400 million in financing for a new project that will p...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

CDA Recovers Rs. 200 Billion Worth of State Land in Major Operation

Islamabad’s Capital Development Authority has recovered state land worth nearly Rs. 200 billion during a major anti-encr...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

CDA Issues Show Cause Notice to Housing Scheme Withholding 31 Kanals Meant for Public Use

The Capital Development Authority has issued a formal show-cause notice to the Central Board of Revenue Employees Cooper...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

Pakistan Moves Closer to Launching New Telcos Services Without a Physical Network

Pakistan has taken a major step toward opening its telecom market to new players as the Ministry of Information Technolo...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

Pakistan Faces Rs. 560 Billion Tax Shortfall, FBR Warns PM

Pakistan’s tax authorities have warned Prime Minister Shehbaz Sharif that the country may miss its downward-revised half...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

Pakistan Shares Backup Tax Plan with IMF to Avoid Mini Budget

Pakistan has submitted a contingency fiscal plan to the International Monetary Fund to avoid a mid-year mini-budget as r...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

IMF Asks Pakistan to Introduce Irrigation Water Tariffs in Punjab and Sindh

The International Monetary Fund (IMF) has asked Pakistan to introduce an irrigation water tariff adjustment mechanism in...

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News Update

12

Dec 2025

Dec 12, 2025 • 5 min read

IMF Adds 11 New Conditions to Pakistan’s $7 Billion Bailout

The International Monetary Fund (IMF) has imposed 11 additional conditions on Pakistan as part of its ongoing $7 billion...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

IMF Lowers Pakistan’s Tax Collection Target to Rs. 13.98 Trillion for FY26

The International Monetary Fund (IMF) has projected a downward-revised tax collection target of Rs. 13,979 billion for t...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

PSX Unveils Top 25 Companies Awards for CY2024

The Pakistan Stock Exchange has announced the list of recipients of the Top 25 Companies Awards for the calendar year 20...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

SBP Reserves Increase By $12 Million to $14.59 Billion

Pakistan’s liquid foreign exchange reserves increased this week, with the State Bank of Pakistan reporting an increase o...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Net-Metering Hits New High Despite Fall in Grid Production

Net metering has continued its upward momentum in October 2025, with its share in total power generation rising by 112 b...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

PSX Hits All Time High Monthly New Account Openings

Account openings at the main bourse have hit a fresh new all-time high today. Record 18,000+ new investor accounts opene...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Fatima Fertilizer Wins Four Prestigious Awards at The Drum Awards 2025 in London, UK

Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 202...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Rupee Barely Manages to Keep its 57-Day Winning Streak Against US Dollar Alive

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 57th day in a row on Thursday. Meanwhile, it poste...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Power Companies Overbilled Consumers by Rs. 8 Billion

A meeting of the Public Accounts Committee (PAC), chaired by Shahida Akhtar Ali, reviewed audit objections related to th...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Finance Minister Calls for Climate Resilience in Global Financial Systems

Climate resilience must be fully integrated into global financial systems, Federal Minister for Finance and Revenue Sena...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

CCP Raids Ad Agency Offices in Lahore for Cartelization and Price Fixing

The Competition Commission of Pakistan (CCP) has conducted raids on three entities linked to the out-of-home (OOH) media...

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News Update

11

Dec 2025

Dec 11, 2025 • 5 min read

Unfavorable Market Conditions Force Ashfaq Textile Mills to Shut 85 Looms

Ashfaq Textile Mills Ltd. has announced the suspension of operations for 85 out of its 243 Sulzer looms at its Faisalaba...

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