News & Updates

News Update

07

Nov 2024

Nov 07, 2024 • 5 min read

Google Claims To Help Generate Rs. 3.9 Trillion Economic Benefits in Pakistan in 2023: Report

Google’s AI-powered products and solutions helped provide Rs. 3.9 trillion of economic benefits for Pakistani businesses...

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News Update

07

Nov 2024

Nov 07, 2024 • 5 min read

FBR Officials Fraudulently Used Accounts of Retired Army Officers in Rs. 1.6 Trillion Fake Supplies Scam

A gang of cybercriminals, with the connivance of Federal Board of Revenue (FBR) and Pakistan Revenue Automation Limited...

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News Update

07

Nov 2024

Nov 07, 2024 • 5 min read

Gold Rate in Pakistan Sees Massive Fall as International Prices Slide on Trump Victory

The price of gold in Pakistan fell by over Rs. 5,000 per tola on Thursday after the prices in the international market f...

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News Update

07

Nov 2024

Nov 07, 2024 • 5 min read

AIIB Eyes Future Investments in Pakistan’s Energy Transmission Sector

The Asian Infrastructure Investment Bank (AIIB) has indicated its interest in exploring future investments in Pakistan’s...

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News Update

07

Nov 2024

Nov 07, 2024 • 5 min read

MSCI Adds 8 PSX Companies to Its Indices, Removes One

Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI) has added 8 Pakist...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Pakistan Most Caring Country in the World: Survey

Pakistan ranks the most caring country in the world, according to a recent Ipsos survey. Pakistan sits 30 points above t...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

SBP Gives In-Principle and Pilot Operations Approvals to EMIs and PSOs/PSPs 

The State Bank of Pakistan (SBP) has given in-principle approval to Toko Lab Private Limited and Accept Technologies Pri...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Gold Rate in Pakistan Falls Again as International Prices Decline

The price of gold in Pakistan fell for the second straight day on Wednesday as international prices fell.  According to...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Hubco, PSO Ink Agreement to Install EV Charging Stations Nationwide

Pakistan State Oil (PSO) and Hub Power Holdings Limited (HPHL) have signed a Memorandum of Understanding (MoU) to instal...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

FBR Will Now Register Retailers and Shopkeepers for Taxes Based on Electricity Bills

The Federal Board of Revenue (FBR) has changed the implementation policy of Tajir Dost Scheme by stopping market surveys...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

MLCF Submits Intention to Acquire 38% of Agritech

Maple Leaf Cement Factory Limited (PSX: MLCF) has submitted a Public Announcement of Offer through a Competitive Bid (PA...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Nestlé Pakistan Aims to Boost Exports to $50 Million by 2030

Nestlé Pakistan has announced a new plan to increase its packaged food exports to $50 million by 2030 to support the fed...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

All KP Government Buildings Are Being Converted to Solar Power

The Khyber Pakhtunkhwa (KP) government is set to implement an extensive solarisation project across the province. The pr...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Govt Abolishes Contingency Posts in All Departments

The Finance Division notified that all contingency posts were to be eliminated as part of efforts to reduce administrati...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

PSX Places Al Shaheer Corporation in Defaulter’s List

The Pakistan Stock Exchange (PSX) has placed Al Shaheer Corporation Limited (ASC) on the defaulter’s segment with effect...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Rupee Down 3rd Day in a Row Against US Dollar, Hurts Euro

The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) today after opening trade at 278...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

FPCCI Urges Govt to Cut Electricity Tariff for Export-Oriented Industries

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh has urged the government to a...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Bitcoin Hits New All Time High After Crossing $75,000 on US Election Odds

Bitcoin skyrocketed to a new all-time high on US election day as investors bet big on Donald Trump winning the president...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

IT Ministry Proposes Tax Exemption on Importing Hardware and Software for Exports With “Made in Pakistan” Policy

The Ministry of Information Technology and Telecom has proposed a series of measures aimed at enhancing Pakistan’s IT ex...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

Aurangzeb Vows to Maintain Positive Momentum of Macroeconomic Stability

Federal Minister for Finance Senator Muhammad Aurangzeb, highlighting the significant signs of macroeconomic recovery in...

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News Update

06

Nov 2024

Nov 06, 2024 • 5 min read

OICCI Leads Pre-COP29 Dialogue on Private Sector Climate Action 

As Pakistan confronts the pressing challenges of climate change, the Overseas Investors Chamber of Commerce and Industry...

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