News & Updates

News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

Lake City Lahore Crowned Best Real Estate Development at FPCCI Excellence Awards

Lake City Lahore has been awarded the prestigious title of Best Real Estate Development in Pakistan at the FPCCI Excelle...

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News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

FBR Collected Rs. 647 Million as Point-of-Sale Fee Since July 2023

The Federal Board of Revenue (FBR) has collected Rs. 647 million under the head of point-of-sales (POS) services fee fro...

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News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

CCP Approves Joint Acquisition of Uch Power by Sapphire Fibres and Mindbridge 

The Competition Commission of Pakistan (CCP) has approved the joint acquisition of Uch Power (Private) Limited and Uch-I...

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News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

Saudi Investment Minister Vows to Help Pakistan Achieve More Economic Stability

Saudi Arabia’s Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh on Thursday praised the Pakistan-Saudi rela...

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News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

Roshan Digital Account Inflows Hit $168 Million in September 2024

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $168 million in September 2024, compa...

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News Update

10

Oct 2024

Oct 10, 2024 • 5 min read

Pakistan Needs Policies to Unclutter Economy, Reduce Trade Barriers: IMF Official

International Monetary Fund (IMF) Resident Representative for Pakistan Esther Pérez Ruiz at an interaction with experts,...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

PM Directs Authorities to Intensify Efforts Against Smuggling 

In a decisive move to intensify the government’s ongoing anti-smuggling campaign, Prime Minister Shehbaz Sharif directed...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

HUBCO to Decide on Premature Termination of Its Contract With Govt Tomorrow

The Board of Directors of the Hub Power Company Limited (PSX: HUBC) will meet tomorrow to decide on the terms proposed f...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Bank Alfalah Partners with Cancer Foundation Hospital to Support Breast Cancer Patients

Bank Alfalah, a leading commercial bank in Pakistan, has partnered with Cancer Foundation Hospital, a leading non-profit...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

PKR Continues to Lose Value 3rd Day in a Row Against US Dollar

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

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

PM Okays Independent Market for Electricity Production and Sale in Pakistan

The Cabinet Committee on Energy (CCoE) has approved the creation of an Independent System and Market Operator (ISMO) for...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

K-Electric CEO Calls for Tech-Driven Power Revolution

Moonis Alvi, CEO K-Electric, emphasized the importance of continued investment and technological innovation to improve P...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

New Mövenpick Hotel to Open in Centaurus Islamabad Next Year

Swiss hospitality brand Mövenpick will open a new hotel in one of the Centaurus towers in Islamabad early next year. The...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Pakistan Receives Record-Breaking Workers’ Remittances in September

Remittances sent by overseas Pakistanis increased by 29 percent year-on-year (YoY) to $2.85 billion in September 2024 co...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Advisory Board Conditionally Allows Export of 500,000 Tons of Sugar

The Sugar Advisory Board (SAB) has allowed sugar mills to export 500,000 tons of sugar with the condition that the mille...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

95% Medicine in Pakistan is Locally Produced: PPMA Chairman

A delegation from the Pakistan Pharmaceutical Manufacturers Association (PPMA), led by its Chairman, met with Federal Mi...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

LDA Clears Sabzazar and Faisal Town of Illegal Occupations

The Lahore Development Authority (LDA) successfully reclaimed prime land in Sabzazar on Tuesday from illegal encroachmen...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Govt May Buy Properties Declared Below Market Prices in Tax Returns

The federal government is planning to buy properties owned by taxpayers on the low declaration of assets in the wealth s...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Commerce Minister Pledges to Revive Cotton Industry to Cut Import Bill

Federal Minister for Commerce Jam Kamal Khan Wednesday vowed to revitalize Pakistan’s cotton industry, acknowledging the...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

Gold Price in Pakistan Registers Major Decline After Record-Breaking Run

The price of gold in Pakistan posted its first major decline on Wednesday after the record-breaking rally witnessed in r...

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News Update

09

Oct 2024

Oct 09, 2024 • 5 min read

President Zardari for Further Cut in Policy Rate to Boost Economy 

In order to improve the country’s economy, President Asif Ali Zardari has called for providing a business-friendly envir...

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