News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

First-Ever Concessional Green Banking On-Lending Facility of USD 54.2 Million Signed between BOP & AFD

The Bank of Punjab (BOP) has successfully arranged a long term Foreign Currency (FCY) On-lending Facility of USD 54.2 Mi...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

IT Ministry Launches One-Window Operation to Expedite NOC Process for Telcos

The Ministry of Information Technology and Telecommunication (MoITT) has introduced the Right of Way (RoW) One-Window Op...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Saudi Investment Minister to Visit Pakistan This Week

Saudi Arabia’s Investment Minister Khalid bin Abdulaziz Al-Falih will lead a high-level delegation to Pakistan from Octo...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

SHC Directs FBR to Withdraw Recovery Notices Issued to SOEs

The Sindh High Court (SHC) has issued strict instructions to the Federal Board of Revenue (FBR) to withdraw all recovery...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Commerce Minister Calls for Boosting Rice Exports, Meeting EU Food Safety Standards

Federal Minister for Commerce Jam Kamal Khan on Monday emphasized the need to increase Pakistan’s rice exports and ensur...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Ex-Minister Shares Plan to Reduce Electricity Price by Rs. 14 Per Unit

Ex-federal minister Dr. Gohar Ejaz on Monday shared a plan to reduce electricity prices by Rs. 14 per unit. He recommend...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

FBR Set to Bring 2.8 Million Households into Tax Net

The Federal Board of Revenue (FBR) is all set to bring around 2.8 million potential households into the tax net which wo...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Pakistani Startups Raise $15 Million in Q3 2024

Pakistan’s startup ecosystem is bouncing back, raising $15 million across four deals in the third quarter of 2024, showi...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

SHC Dismisses Millat Industrials’ Request to Quash FIR Against Alleged Tax Fraud

Sindh High Court (SHC) has dismissed an application of Millat Industrial Products Limited and its Chairman for quashing...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Dutch Energy Storage Company Wants to Invest in LNG Import Terminals in Pakistan

Abu Dhabi-backed energy storage firm VTTI BV is exploring potential investments in LNG import terminals in Asian countri...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

CCP Approves Merger in Pakistan’s Security Printing Sector

The Competition Commission of Pakistan (CCP) has approved the acquisition of 100 percent equity shares of National Secur...

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News Update

07

Oct 2024

Oct 07, 2024 • 5 min read

Flying Cement to Launch New Plant With Production Capacity of 9,000 Tons Per Day

Flying Cement Company Limited (PSX: FLYNG) will soon launch a new clinker line with a production capacity of 9,000 tons...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

Pakistani Bonds Surge Alongside PSX As Yields Drop Up to 1,000 Basis Points

Pakistan’s bond market has been rallying alongside the Pakistan Stock Exchange where equities have surged by 80 percent...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

Pakistan is A Struggling Economy With Challenging Business Environment: World Bank

The World Bank has placed Pakistan in the fourth quintile –i.e. the group of economies that grapple with a challenging b...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

Ismail Global and Legal Aid Society Join Hands to Combat Gender-Based Violence

In a significant step towards enhancing access to justice for vulnerable communities, Ismail Global and the Legal Aid So...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

COLABs Forms Strategic Partnership With Ramada

COLABS, Pakistan’s fastest-growing flexible workspace, has signed a strategic Memorandum of Understanding (MoU) with Gra...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

Five IPPs Decide to Terminate Their Contracts With Govt

Five Independent Power Producers (IPPs) have reached an agreement to terminate their Power Purchase Agreements (PPAs). T...

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News Update

06

Oct 2024

Oct 06, 2024 • 5 min read

World Bank Satisfied With $400 Million Higher Education Project in Pakistan

The World Bank has rated the implementation progress of the “Higher Education Development in Pakistan project,” of aroun...

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News Update

05

Oct 2024

Oct 05, 2024 • 5 min read

Gold Rates Decrease by Rs. 700 per Tola to Rs 275,500

The per tola price of 24 karat gold decreased by Rs.700 and was sold at Rs.275,500 on Saturday compared to its sale at R...

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News Update

04

Oct 2024

Oct 04, 2024 • 5 min read

Cotton Arrivals Slump by Nearly 60% in September

Cotton arrivals in Pakistan plunged by 59 percent on a year-on-year basis as of September 30, according to the Pakistan...

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News Update

04

Oct 2024

Oct 04, 2024 • 5 min read

PSX Closes Above 83,000 Points for The First Time After Gaining Over 810 Points

The 100-Index of the Pakistan Stock Exchange (PSX) continued its bullish trend on Friday, gaining 810.19 points to close...

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News & Updates

First-Ever Concessional Green Banking On-Lending Facility of USD 54.2 Million Signed between BOP & AFD

IT Ministry Launches One-Window Operation to Expedite NOC Process for Telcos

Saudi Investment Minister to Visit Pakistan This Week

SHC Directs FBR to Withdraw Recovery Notices Issued to SOEs

Commerce Minister Calls for Boosting Rice Exports, Meeting EU Food Safety Standards

Ex-Minister Shares Plan to Reduce Electricity Price by Rs. 14 Per Unit

FBR Set to Bring 2.8 Million Households into Tax Net

Pakistani Startups Raise $15 Million in Q3 2024

SHC Dismisses Millat Industrials’ Request to Quash FIR Against Alleged Tax Fraud

Dutch Energy Storage Company Wants to Invest in LNG Import Terminals in Pakistan

CCP Approves Merger in Pakistan’s Security Printing Sector

Flying Cement to Launch New Plant With Production Capacity of 9,000 Tons Per Day

Pakistani Bonds Surge Alongside PSX As Yields Drop Up to 1,000 Basis Points

Pakistan is A Struggling Economy With Challenging Business Environment: World Bank

Ismail Global and Legal Aid Society Join Hands to Combat Gender-Based Violence

COLABs Forms Strategic Partnership With Ramada

Five IPPs Decide to Terminate Their Contracts With Govt

World Bank Satisfied With $400 Million Higher Education Project in Pakistan

Gold Rates Decrease by Rs. 700 per Tola to Rs 275,500

Cotton Arrivals Slump by Nearly 60% in September

PSX Closes Above 83,000 Points for The First Time After Gaining Over 810 Points

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