News Update

25

Oct 2024

Oct 25, 2024 • 5 min read

Punjab Misses Cash Surplus Requirement Putting IMF Deal At Risk

Pakistan has fallen short of a critical demand of the International Monetary Fund (IMF) after failing to meet the requir...

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News Update

25

Oct 2024

Oct 25, 2024 • 5 min read

FBR Lowers Minimum Value of Suppling Locally Produced Steel Goods

The Federal Board of Revenue (FBR) has made a major reduction in the minimum value of supply of different types of local...

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News Update

25

Oct 2024

Oct 25, 2024 • 5 min read

PTCL Share Price Jumps Over 40% in 2 Weeks on Anticipation of Telenor Merger

Pakistan Telecommunication Company Limited (PTCL) has seen a significant increase in its share price on the Pakistan Sto...

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News Update

25

Oct 2024

Oct 25, 2024 • 5 min read

Pakistan’s Reform Package Good for FDI, Fiscal Sustainability, SOEs: IMF Director

The reform package that the government of Pakistan has put together has several objectives including achieving fiscal su...

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News Update

25

Oct 2024

Oct 25, 2024 • 5 min read

SECP Data Shows Life Insurance Sector Dominates with 64% of Industry Premiums

The Securities and Exchange Commission of Pakistan (SECP) data revealed that the life insurance sector accounts for 64 p...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

PM for Using Technology to Improve Revenue Collection

Prime Minister Shehbaz Sharif on Thursday directed the Federal Board of Revenue (FBR) to utilize modern technology to im...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

NADRA Shares Private Data of Rich Pakistanis Evading FBR Taxes

On special demands of the International Monetary Fund (IMF) to enhance the tax net to collect higher revenue, the Federa...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Finance Minister Hopes to Complete PIA Sale, Outsourcing of Islamabad Airport Next Month

The federal government is trying to complete the sale of Pakistan International Airlines (PIA) and outsourcing of Islama...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Punjab Stops Murree Brewery From Exporting Alcohol So Locals Have Enough Supply to Drink

Murree Brewery Co. Ltd. Wednesday expressed serious concern over the stoppage of exports of their alcoholic beverages by...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Chakwal Spinning’s Merger With Tech Firm Fails to Materialize

Chakwal Spinning Mills Limited (PSX: CWSM) merger with technology company Khazana Enterprises (Private) Limited (KEPL) h...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Gold Rate in Pakistan Falls After Seven-Day Record-Breaking Run

The price of gold in Pakistan eased on Thursday after a record-breaking run that saw it surge to over Rs. 285,000 per to...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Pakistan’s Local Assembling Plants Produce 22.6 Million Mobiles in Nine Months

The local manufacturing/assembling plants manufactured/assembled 22.59 million mobile handsets during the first nine mon...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Kohat Cement Posts Highest Ever Quarterly Profit in Q1 FY25

Kohat Cement Company Limited (KOHC) has released its financial results for 1QFY25, reporting a profit after tax of Rs. 3...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Electricity Prices Likely to Go Down for November Bills

Power consumers are likely to receive a refund of Rs. 0.7057 per unit on their November 2024 electricity bills after ove...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Leghari for Enhanced Cooperation with Chinese Energy Companies

Federal Minister for Power Awais Leghari held separate meetings with Yao Huan, Vice-President of Power China and Ni Zhen...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Banks Offer More Money to Pakistan After Improved Credit Ratings, New IMF Bailout

With an improvement in Credit Ratings of Pakistan and approval of the International Monetary Fund’s (IMF) Extended Fund...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

Electricity Users to Get Slight Relief in October Bills

The National Electric Power Regulatory Authority (NEPRA) on Thursday approved 86 paisa per unit decrease in power tariff...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

PSX Soars to Record High Again as KSE-100 Closes Just Shy of 89,000 Mark

The Pakistan Stock Exchange (PSX) continued its record-setting spree for the fourth straight session on Thursday, takin...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

COLABS Raises $2 Million in Pre-Series A Round

Pakistan’s co-working platform COLABS has raised $2 million in a pre-Series A round led by UAE’s Shorooq Partners and wi...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

CCP Concludes Public Hearings on PTCL’s Acquisition of Telenor Pakistan

The Competition Commission of Pakistan (CCP) Thursday concluded the Phase II Merger Review of PTCL’s proposed acquisitio...

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News Update

24

Oct 2024

Oct 24, 2024 • 5 min read

SBP Reserves Post Another Increase as Import Cover Nears 2 Months

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $18 million on a weekly bas...

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News & Updates

Punjab Misses Cash Surplus Requirement Putting IMF Deal At Risk

FBR Lowers Minimum Value of Suppling Locally Produced Steel Goods

PTCL Share Price Jumps Over 40% in 2 Weeks on Anticipation of Telenor Merger

Pakistan’s Reform Package Good for FDI, Fiscal Sustainability, SOEs: IMF Director

SECP Data Shows Life Insurance Sector Dominates with 64% of Industry Premiums

PM for Using Technology to Improve Revenue Collection

NADRA Shares Private Data of Rich Pakistanis Evading FBR Taxes

Finance Minister Hopes to Complete PIA Sale, Outsourcing of Islamabad Airport Next Month

Punjab Stops Murree Brewery From Exporting Alcohol So Locals Have Enough Supply to Drink

Chakwal Spinning’s Merger With Tech Firm Fails to Materialize

Gold Rate in Pakistan Falls After Seven-Day Record-Breaking Run

Pakistan’s Local Assembling Plants Produce 22.6 Million Mobiles in Nine Months

Kohat Cement Posts Highest Ever Quarterly Profit in Q1 FY25

Electricity Prices Likely to Go Down for November Bills

Leghari for Enhanced Cooperation with Chinese Energy Companies

Banks Offer More Money to Pakistan After Improved Credit Ratings, New IMF Bailout

Electricity Users to Get Slight Relief in October Bills

PSX Soars to Record High Again as KSE-100 Closes Just Shy of 89,000 Mark

COLABS Raises $2 Million in Pre-Series A Round

CCP Concludes Public Hearings on PTCL’s Acquisition of Telenor Pakistan

SBP Reserves Post Another Increase as Import Cover Nears 2 Months

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