News & Updates

Pakistan, Malaysia Agree to Enhance Cooperation in Aviation, Trade 

Pakistan and Malaysia on Thursday agreed to enhance educational linkages, and cooperation in the fields of aviation, hal...

Gold Rate in Pakistan Falls for Third Time This Week as Record Run Cools Down 

The price of gold in Pakistan fell for the third time this week on Thursday as it went down by Rs. 1,100 per tola.  Acco...

PBC Supports FBR’s Proposal to Limit Cash Withdrawals For Non-Filers

The Pakistan Business Council (PBC) has consistently advocated for equitable and predictable fiscal policy developed ind...

Faysal Bank and Habib University to Launch ‘Fintech Innovation Hackathon’

Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, has joined forces with Habib University to intr...

Investors Seek Extension in PIA Bidding, Tax Relief And More

The Senate Standing Committee on Privatization held a detailed discussion on the privatization of Pakistan International...

Pakistan to Establish Soda Ash Plant in Khushab

Pakistan Mineral Development Corporation (PMDC) under the control of the Ministry of Energy (Petroleum Division) and Sap...

Local Cement Sales Fall Again in September, Exports Surge 

Local cement despatches declined by 18 percent in September 2024 on a year-on-year basis owing to low demand, but export...

SECP Sets Framework for Digital Distribution of Life Insurance Savings Products

The Securities and Exchange Commission of Pakistan (SECP) has issued regulatory requirements for the sale of life insura...

Interior Ministry Moves to Shut Down Over 1,300 Illegal Petrol Pumps Across Pakistan

The Ministry of Interior has directed the provincial government to seal 1,310 illegal retail outlets/oil agencies/ petro...

CDA Concludes Auction of Commercial Plots With a Revenue of Rs. 16.64 Billion

Capital Development Authority (CDA) successfully concluded its three-day auction of commercial plots, on Thursday genera...

Customs Official Reinstated Despite Failure to Recover Narcotics 

The Federal Board of Revenue (FBR) has reinstated a customs official of Islamabad International Airport (IIAP), who fail...

WB Country Director Meets FBR Chairman, Discusses Transformation Plan

World Bank (WB) Country Director Najy Benhassine on Thursday met Chairman Federal Board of Revenue (FBR) Rashid Mahmood...

Tariq Glass to Invest Rs. 1 Billion in Baluchistan Glass Ltd

Tariq Glass Industries Limited (PSX: TGL) has decided to renew investment of up to Rs. 1 billion in Baluchistan Glass Li...

Ferozsons Partners With Gilead Sciences to Produce HIV Medicine in Pakistan

Ferozsons Laboratories Limited (PSX: FEROZ) has entered into a non-exclusive voluntary license agreement with Gilead Sci...

IMF Mission Chief Says Current Program Could Be Pakistan’s Last

International Monetary Fund’s (IMF) Mission Chief for Pakistan, Nathan Porter recently hinted that the ongoing loan prog...

PSX Warns Investors Against Online Trading Frauds

Pakistan Stock Exchange Limited (PSX) has alerted the public regarding the surge in fraudulent activities through differ...

Rupee Posts Small Gains 2nd Day in a Row Against US Dollar

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

Chinese Companies Interested in Petrol-to-Electric Bike Conversion Business in Pakistan 

FBR Bars Staff From Giving Consultancy Services Within Office Premises

The Federal Board of Revenue (FBR) has barred its staff from providing tax-related consultancy services within the offic...

Krafters, Handicrafts Association Sign MoU to Synergize Efforts Towards Developing Micro, SMEs, Home-Based Workers 

In order to continue its journey of evolution, Krafters signs an MoU with the Handicrafts Association of Pakistan to syn...

Govt in No Desperation to Borrow from Banks: Finance Minister  

Federal Minister for Finance Senator Muhammad Aurangzeb said on Wednesday that the Pakistan Economy Dashboard (PED) woul...