News & Legal Updates

News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Trade Deficit Widens 26% in May 2025, Hits $2.6 Billion

Pakistan’s trade deficit widened by 26 percent year-on-year (YoY) in May 2025 to $2.6 billion as compared to a deficit o...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Tech Sector in Jeopardy as Govt Decides to Cut IT Ministry’s Development Budget By Nearly Half

The federal government has decided to slash the development budget of the Ministry of Information Technology and Telecom...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

PSX Suspends Trading in Shares of 8 Listed Companies

Pakistan Stock Exchange has suspended trading in the shares of eight companies for breaching regulations. The suspended...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Codebase Powers Pilot Launch of Pakistan’s First Shariah-Compliant Digital Retail Bank

In a major leap toward financial inclusion and digital transformation, Codebase Technologies has successfully enabled th...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Another Historic Expedition by Sui Northern Gas Mountaineer: Ashraf Sadpara Departs to Conquer Nanga Parbat

Ashraf Sadpara, a renowned mountaineer from the Sui Northern Gas mountaineering team, has embarked on a historic mission...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Big Bird Foods Partners with Alibaba to Tap $350 Billion Global Poultry Market

Big Bird Foods Limited (PSX: BBFL) has signed a strategic agreement with Alibaba Group, the world’s leading e-commerce a...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Pakistan’s Central Govt Debt Nears Rs. 75 Trillion

The total public debt stock of the federal government increased by 13.4 percent on a year-on-year (YoY) basis in April 2...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

PTA Exposes Gaps in Call Centre Performances of All Telcos in Q1 2025

The Pakistan Telecommunication Authority (PTA) has successfully conducted a comprehensive survey to assess the Customer...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Takaful Sector Constitutes 12% Share in Pakistan’s Insurance Sector: SECP 

Despite being part of the insurance sector for nearly two decades, Takaful currently constitutes only around 12% of the...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

Govt Eyes Rs. 2.86 Trillion Development Budget for Provinces Next Fiscal Year

The federal government is considering a proposal to allocate Rs. 2.869 trillion as the total provincial development budg...

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News Update

04

Jun 2025

Jun 04, 2025 • 5 min read

National Bank of Pakistan Surpasses Rs. 100 Billion Financing

National Bank of Pakistan (NBP) has achieved a major milestone, surpassing Rs. 100 billion in total outstanding loans se...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Phasing Out Super Tax to Unlock Investment and Boost Jobs

Pakistan’s economy stands at a critical juncture. While the government continues to seek investment, boost employment, a...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

PM Shehbaz Orders Removal of Hurdles to Fast-Track Diamer Bhasha Dam Construction

Prime Minister Shehbaz Sharif on Monday chaired a high-level meeting to review the progress of the Diamer Bhasha Dam and...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Gold Rate Rises Again as Two Day Increase Hits Nearly Rs. 7,000 Per Tola

The price of 24 karat gold witnessed an increase of Rs. 1,000 per tola on Tuesday and was sold at Rs. 354,100 per tola a...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Pakistan Reaffirms Commitment to Regional Economic Integration at SCO Finance Ministers’ Meeting

Federal Minister for Finance Senator Muhammad Aurangzeb virtually addressed the Meeting of the SCO Finance Ministers and...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Govt Plans Rs. 5/Litre Carbon Levy on Petrol, Diesel to Raise Rs. 90 Billion

The federal government is preparing to impose a carbon levy of Rs. 2.5 per litre on petrol and diesel in the upcoming bu...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Cow and Goat Prices Stun Buyers in Cattle Markets

With only four days left until Eid ul Azha, serious buyers are nowhere to be found in the three major livestock markets...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

NHA Announces Massive 50% Increase in Motorway Toll Tax

The National Highway Authority (NHA) has announced a revised toll structure across Pakistan’s motorways, introducing a 5...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

Alpha Cement Announces Plan to Acquire 84% Stake in Attock Cement

Alpha Cement Company Limited (ACCL) has formally announced its intention to acquire a controlling 84.06% stake (115.5 mi...

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News Update

03

Jun 2025

Jun 03, 2025 • 5 min read

President Summons NA, Senate Sessions on June 10 For FY26 Budget

President Asif Ali Zardari has summoned the sessions of both lower and upper houses of Parliament for the presentation o...

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