News & Updates

Pakistan Business Forum Urges PM Shehbaz to Restore Business Confidence

Pakistan Business Forum (PBF), a leading industry group, has called on Prime Minister Shehbaz Sharif to take urgent acti...

FTO Shuts Down 6 Regional Offices, Removes Several Advisors

The Federal Tax Ombudsman (FTO) has removed several advisors from their positions and closed six offices, including regi...

PIA Bidding Today: 75% Airline to Be Sold, Buyer to Commit Rs. 80 Billion

The Privatization Commission will move forward with the sale of Pakistan International Airlines (PIA) by opening the bid...

CDA Sells Plots Worth Rs. 13.52 Billion on First Day of 3-Day Auction

The Capital Development Authority (CDA) auctioned residential and commercial plots worth a total of Rs. 13.52 billion on...

SBP, PSEB Roll Out Dedicated Desks for IT Exporters At Banks

The banking sector in collaboration with tech has decided to arrange a special desk at consumer banking branches. Pakist...

Banks to Remain Closed on December 25

The State Bank of Pakistan (SBP) announced that it will remain closed on Wednesday, 25 December 2024, on account of Quai...

Govt Starts New Loan Scheme For Small Farmers

The federal government has launched a new agricultural credit initiative called “Zarkhez-E” to provide financing to 93%...

SECP Revises Share Issuance Rules to Protect Minority Shareholders

The Securities and Exchange Commission of Pakistan (SECP) on Monday notified amendments to the Companies (Further Issue...

Telcos Demand Reforms Ahead of 5G Spectrum Auction

Telecom operators have submitted a set of unified policy proposals and key demands to the government ahead of the planne...

Rupee is on an Unusual 64-Day Winning Streak And Nobody ‘Cares’

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) after 64 days on Monday. Meanwhile, it posted loss...

As Expected: Gold Price in Pakistan Breaks Another Record, Silver Follows

Gold prices in Pakistan soared to record highs on Monday, while silver also reached a new all-time level. In the local m...

Reko Diq Awards €70 Million in Equipment Contracts to Finnish Company

Reko Diq Mining Company has awarded Finland-based Metso the remaining major equipment contracts for its copper-gold proj...

FBR Starts Work on FY27 Budget, Invites Tax Proposals

Pakistan Moves from Cash to Accrual Accounting

The Auditor General of Pakistan has announced the launch of comprehensive reforms in the country’s public sector account...

Blue-Ex Limited IPO Oversubscribed Over 4x

Blue-Ex Limited’s initial public offering (IPO) has drawn an overwhelming response from investors, with applications for...

IT Ministry Engages Experts for PM Cloud Program to Support Startups

The Ministry of Information Technology and Telecommunication has engaged experts for the Prime Minister’s Cloud Program...

Pakistan to Launch First-Ever National IT Industry Census

The Pakistan Software Export Board (PSEB), under the Ministry of IT and Telecommunication, is preparing to launch the Na...

BF Biosciences Appoints Farhan Rafique as New CEO

BF Biosciences Limited has informed the Pakistan Stock Exchange that its founding chief executive, Akhter Khalid Waheed,...

Here’s How NEPRA’s New Gross Metering Will Work for Solar Users

In a major policy shift, the National Electric Power Regulatory Authority (Nepra) has proposed replacing the existing ne...

PIA Privatization: 3 Bidders Compete as Fauji Fertilizer Pulls Out

The Privatization Commission is set to proceed with the privatization of Pakistan International Airlines Corporation Lim...

Gold Jumps to All-Time High on Expectations of US Rate Cuts

Gold prices surged to a record high on Monday as investors grew increasingly confident that the US Federal Reserve will...