News & Updates

News Update

18

Aug 2025

Aug 18, 2025 • 5 min read

PM Shehbaz Directs Raast Rollout to Districts

Prime Minister Shehbaz Sharif expressed satisfaction over the progress and measures taken towards transitioning Pakistan...

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News Update

18

Aug 2025

Aug 18, 2025 • 5 min read

OGDCL Successfully Connects Jhal Magsi Project with SSGC Network

The Oil & Gas Development Company Limited (OGDCL) has announced the successful commissioning of the Jhal Magsi Developme...

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News Update

18

Aug 2025

Aug 18, 2025 • 5 min read

Chinese IPPs Pressure Govt for Rs. 475 Billion Overdue Payments

As Prime Minister Shehbaz Sharif’s upcoming visit to China approaches, Chinese Independent Power Producers (IPPs) under...

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News Update

16

Aug 2025

Aug 16, 2025 • 5 min read

Pakistan’s Power Sector Gains Strength with First Retail Sukuk

By Shaha Tariq Investments and savings are two challenge areas for a big proportion of the population. Impacted by high...

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News Update

16

Aug 2025

Aug 16, 2025 • 5 min read

PSO Celebrates Pakistan’s 78th Independence Day with Commitment to Progress

Pakistan State Oil (PSO) marked the 78th Independence Day of Pakistan with a grand ceremony, highlighting its dedication...

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News Update

16

Aug 2025

Aug 16, 2025 • 5 min read

Govt Decreases Fuel Prices

The Finance Division announced a significant reduction of Rs. 12.84 per litre in the price of high-speed diesel (HSD) fo...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

CAT Reduces Penalty on 20 Medical Centers For Price Fixing

The Competition Appellate Tribunal (CAT) has upheld CCP’s order against 20 medical centers and laboratories and their fi...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

PSX Closes Flat to End Week Due to Late Selling

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index shed 37.67 points on Friday, a negative change of 0.03 perce...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

How Pakistan Failed at Using $188 Million Grant to Forecast Weather Disasters

As the current monsoon season claims around 500 lives, half of them children, it is becoming increasingly evident that t...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Pakistani Rupee Hits Almost 2-Month High Against US Dollar

The Pakistani Rupee (PKR) appreciated by 16 paisa against the US Dollar (USD) on Friday in the interbank trading and clo...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

SBP Issues Rs. 75 Commemorative Coin to Celebrate Marka-e-Haq

To honor the valor of armed forces during the Marka-e-Haq and to celebrate Independence Day with due dignity, the federa...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

TRG Pakistan Financial Review: Reaping Benefits of Portfolio Company Performance with Rs. 4bn Profit in First 9 Months

In April this year, technology industry heavyweight TRG Pakistan Limited posted a profit-after-tax (PAT) of Rs 4 billion...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Pakistan Fails to Effectively Prevent Money Laundering: IMF

The International Monetary Fund (IMF) has stated that Pakistan has failed to effectively prevent money laundering scheme...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Gold Price in Pakistan Falls by Rs. 1,000 Per Tola

The price of 24 karat per tola gold witnessed a decrease of Rs. 1,000 on Friday and was sold at Rs. 357,100 against its...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Govt Fast-Tracks Three Social Impact Initiatives to Boost Skills, Empower Farmers, and Advance Energy Efficiency for Sustainable Growth

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb today chaired three back-to-back meetings to review...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Pakistan, US Vow to Boost Trade and Investment

Natalie Baker, Chargé d’Affaires of the Embassy of the United States of America, called on Federal Minister for Finance...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

KAPCO Appoints Lt. General Muhammad Saeed (Retd) as New Chairman

Kot Addu Power Company Limited (KAPCO) has announced the appointment of Lt. General Muhammad Saeed (Retd) as its new cha...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

FBR Sets Cash Limit For ‘Cash on Delivery’ Orders

The Federal Board of Revenue (FBR) has fixed a transaction limit of Rs. 200,000 for cash-based payments for e-commerce C...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

PM Shehbaz Inaugurates Chinese Textile Group’s Economic Zone with $400 Million Export Target

Prime Minister Shehbaz Sharif on Friday launched a Special Economic Zone to be established by a Chinese textile group, w...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Pakistan Refinery Limited Announces 15-Day Shutdown

Pakistan Refinery Limited (PRL) has announced a 15-day shutdown for regeneration, starting from August 17, 2025. The ref...

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News Update

15

Aug 2025

Aug 15, 2025 • 5 min read

Govt to Launch Real-Time Digital Tracking of Petroleum Products

In a landmark move to combat smuggling, theft, and adulteration in the petroleum sector, the government is set to roll o...

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