News & Updates

News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

Moody’s Upgrades Pakistan’s Rating; Changes Outlook to Stable from Positive

Moody’s Investors Service has upgraded Pakistan’s long-term foreign debt rating from Caa2 to Caa1, reflecting the countr...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

3,500 Government Houses in Karachi Are Still Under Illegal Occupation

The Ministry of Housing has disclosed detailed figures on illegal occupations of government-owned houses across major ci...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

Finance Minister Signals Potential Policy Rate Cut From 11%

Finance Minister Muhammad Aurangzeb on Wednesday hinted at the possibility of further reductions in Pakistan’s policy ra...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

IMF Delegation to Visit Pakistan Next Month: Finance Minister

Federal Finance Minister Muhammad Aurangzeb has revealed that an International Monetary Fund (IMF) delegation is schedul...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

US Tariff Reduction Creates Fresh Opportunities for Pakistan’s Auto Exports: Minister

With the recent reduction in US tariffs creating fresh opportunities for Pakistani auto exports, Minister of Commerce Ja...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

Gatron Industries Withdraws Scheme of Arrangement with NFL and G&T

Gatron (Industries) Limited has announced the withdrawal of its proposed Scheme of Arrangement with Nova Frontiers Limit...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

PAC Demands Full Disclosure of Bureaucrats Owning Properties in Portugal

The Public Accounts Committee (PAC) has taken serious notice of reports that senior bureaucrats have purchased propertie...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

Govt Invites Bids to Appraise New Toshakhana Gifts

The Cabinet Division has announced plans to assess the value of newly received gifts at the Toshakhana and has invited b...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

SBP Withdraws Lien Policy on Delayed Export Proceeds to Facilitate Exporters

In a significant move to support exporters, the State Bank of Pakistan (SBP) announced the withdrawal of its earlier dir...

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News Update

13

Aug 2025

Aug 13, 2025 • 5 min read

FBR to Suspend Sales Taxpayers Denying Access to Business Premises

The Federal Board of Revenue (FBR) has announced strict measures against sales taxpayers who refuse to grant access to t...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Sindh Announces Affordable Electricity Plan for Karachi

Sindh Energy Minister Nasir Hussain Shah has announced a major initiative to provide affordable electricity to Karachi’s...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

FBR Urged to Fix Serious Issues in Filing of Income Tax Returns for Tax Year 2025

Tax professionals, chartered accountants, tax lawyers and tax advisers are facing major issues in filing of return and a...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Chief Justice’s Pension Has Increased by Over 300% Since 2010

The Ministry of Law and Justice on Tuesday presented details of the pension of the Chief Justice of Pakistan after retir...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

NBP Blood Donation Drive 2025 in Collaboration with Indus Hospital Across Major Cities

The National Bank of Pakistan (NBP), in collaboration with Indus Hospital & Health Network, has successfully launched th...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Bilal Fibres Ltd Announces Major Corporate Changes

Bilal Fibres Limited, a leading manufacturer and exporter of yarn, has announced significant corporate changes following...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

PSX Closes Above 147,000 Milestone for First Time in History

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Inde, gained 75 points on Tuesday, a positive of 0.05 percent, clo...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Tribunal Upholds CCP’s Rs. 35 Million Fine on Flour Mills Association for Price Fixing

The Competition Appellate Tribunal (CAT) has upheld the order of the Competition Commission of Pakistan (CCP) against th...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Pakistan, Japan’s Soramitsu to Test Central Bank Digital Currency This Year

Japanese blockchain technology firm Soramitsu is collaborating with the State Bank of Pakistan (SBP) to launch a pilot p...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

CJP Afridi Meets Finance Minister, Tax-Related Cases Discussed

Federal Minister for Finance Senator Muhammad Aurangzeb met with the Chief Justice of Pakistan Justice Yahya Afridi, at...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Gold Rate Falls Slightly But Remains Near Rs. 360,000

The price of 24 karat gold witnessed a decrease of Rs. 500 per tola on Tuesday and was sold at Rs. 358,300 against its s...

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News Update

12

Aug 2025

Aug 12, 2025 • 5 min read

Five Countries Owe Pakistan Over $300 Million

Five countries are defaulters of millions of dollars owed to Pakistan, according to an audit report The report says that...

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