News & Updates

News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

SECP to Share Details of Insider Trading, Market Manipulation Cases with FIA

The Securities and Exchange Commission of Pakistan (SECP) has decided to share the details of all cases of insider tradi...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

EU Issues Over 100 Alerts to Pakistan for Substandard Rice Exports

Pakistan has received over 100 alerts from the European Union (EU) over substandard and fake rice exports, the National...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Engro Corp Decides to Sell Subsidiary for Rs. 2.4 Billion

The Board of Engro Corporation (PSX: ENGRO) has authorized the Company to enter into a Share Purchase Agreement (SPA) fo...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Muhammad Azfar Ahsan Advocates Investor-Centric Policies at Pakistan Business Council’s “Dialogue on the Economy”

Muhammad Azfar Ahsan, Pakistan’s former Minister for Investment and Chairman of Nutshell Group, participated in a high-l...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Commerce Minister Vows Pakistan’s Adherence to Treaties for GSP+ 

EU Special Representative for Human Rights, Ambassador Olaf Skoog, called on Federal Minister for Commerce Jam Kamal Kha...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

CDC Share Registrar Services Launches WhatsApp E-Voting

CDC Share Registrar Services Limited, a wholly owned subsidiary of Central Depository Company of Pakistan Limited, has l...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

PM Assures Foreign Investors of Conducive Business Environment, Streamlined Processes 

Prime Minister Shehbaz Sharif Wednesday reaffirmed his government’s unwavering commitment to facilitating foreign invest...

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

Only 12 Filers Report Over Rs. 10 Billion Income in FY24

Despite 5.9 million tax returns filed for the fiscal year 2024-25, 43.3 percent of filers reported zero taxable income....

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News Update

29

Jan 2025

Jan 29, 2025 • 5 min read

OCAC Warns of Looming Fuel Shortage As Tanker Ban Disrupts Supply

Lahore faces the risk of a fuel shortage as restrictions on oil tankers disrupt fuel deliveries to over 400 petrol stati...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Rupee Falls 3rd Day in a Row Against US Dollar After 7th SBP Rate Cut

The Pakistani rupee (PKR) closed in red 3rd day in a row against the US Dollar (USD) today after opening trade at 279 in...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Finance Minister Hints at Easing Tax Burden on Salaried Class 

Finance Minister Muhammad Aurangzeb Tuesday admitted the disproportionately high burden on Pakistan’s salaried class and...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

ABHI, TPL Corp Inject Rs. 2.6 Billion into FINCA Microfinance Bank

ABHI and TPL Corp shareholders have jointly injected Rs. 2.6 billion into FINCA as part of its acquisition, according to...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Sugar Price Increases By Rs. 5 Per Kg At Utility Stores

The Utility Stores Corporation (USC) has increased the price of sugar by Rs. 5 per kilogram from Rs. 140 to Rs. 145 per...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

HBL Microfinance Bank Appoints Maya Inayat Ismail as Chairperson of the Board

HBL Microfinance Bank (HBL MfB) proudly announces the appointment of Maya Inayat Ismail as the Chairperson of the Board...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Lucky Core Industries’ Profit Up by 25% in First Half of FY25

Lucky Core Industries (LCI) announced its financial result today, posting a profit after tax of Rs. 6,301 million (EPS:...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

SBP Likely to Cut Key Policy Rate 7th Consecutive Time in March 2025

The State Bank of Pakistan (SBP) will cut the key interest rate for the 7th and 8th consecutive times in March and May t...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

CDWP Approves 16 Projects Worth Rs. 260 Billion

Minister for Planning Ahsan Iqbal chaired a meeting of the Central Development Working Party (CDWP) which approved 16 de...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

PSX Stays Bearish, Down Almost 1,500 Points 

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Tuesday, losing 1,489.96 more points,...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Telenor Microfinance Bank Rebrands as Easypaisa Digital Bank

Telenor Microfinance Bank has undergone a transformation from a “Microfinance Bank” to a “Digital Retail Bank,” effectiv...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

PBC Pitches Lower Corporate Tax Rates, Revision of Super Tax in Budget Proposals 

Pakistan Business Council (PBC) has laid down seven key strategic imperatives of fiscal policy for next fiscal year (202...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Gold Price in Pakistan Falls Further After Touching Record High Last Week 

The price of 24 karat per tola gold decreased by Rs. 2,700 and was sold at Rs. 286,400 on Tuesday against its sale at Rs...

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