News & Updates

News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

Pakistan Finally Gets Latest 700-Watt Solar Panels

Trinasolar, a global leader in solar and smart energy solutions, has announced the launch of its advanced Vertex N 720W...

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News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

Govt Rushes Summary to Appoint Director General PSQCA

The Ministry of Science and Technology (MoST) has swiftly submitted a summary of three candidates for the post of Direct...

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News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

Attock Petroleum to Set Up EV Charging Facility At Its Fuel Stations

Attock Petroleum Limited (PSX: APL) is penetrating into the electric vehicle (EV) market by setting up EV charging facil...

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News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

New FBR Trick: Taxpayers Will Be Categorized as Late Filers for Filing Returns After Due Date

A taxpayer will be classified as a late filer if they failed to file tax return in due date September 30, 2024, sources...

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News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

IMF Denies Telling Pakistan to Get $600 Million Loan At 11% Interest

The International Monetary Fund (IMF) has clarified that it did not tell Pakistan to get a commercial loan from a bank a...

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News Update

26

Sep 2024

Sep 26, 2024 • 5 min read

Alibaba Competitor JD to Launch Operations in Pakistan Soon

Alibaba competitor JD Technology has partnered up with Pakistan-based digital marketing agency East River Digital to int...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

FPCCI Condemns Plans to Create Issues for Business Community by Increasing Taxes 

Atif Ikram Sheikh, President FPCCI, has made it clear that the business community is against any plans of a high-handed...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

OGDC Discovers More Gas in Sindh

The Sawan South Joint Venture comprising Oil and Gas Development Company Limited (PSX: OGDC), United Energy Pakistan Lim...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

PSX Gains 764 Points Ahead of IMF Board Meeting  

The 100-Index of the Pakistan Stock Exchange (PSX) gained 764.28 points ahead of the IMF Board meeting on Wednesday, a p...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Bank Alfalah Receives Prestigious Global Recognition at the GIFA 2024

Bank Alfalah, a leading commercial bank in Pakistan, has earned international acclaim by winning two awards at the 2024...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

PM Calls Upon Developed Nations to Help Developing Countries Steer Out of Debt Traps 

Prime Minister Shehbaz Sharif Tuesday called upon the developed nations to help the developing countries come out of deb...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Govt Aims to Cut Electricity Prices by up to Rs. 12 Per Unit in Next 18 Months: Power Minister  

Federal Minister for Power Awais Leghari Wednesday said the government would make all-out efforts to achieve the target...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Rupee in Red But Stays At 277 Against US Dollar Ahead of IMF Board Meeting

The Pakistani rupee (PKR) again posted losses against the US Dollar (USD) today after opening trade at 278 in the interb...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Pakistan’s GDP to Grow by 2.8% in Current Fiscal Year: ADB

Pakistan’s gross domestic product (GDP) growth is projected to have recovered modestly to 2.4 percent in fiscal year 202...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Siemens Pakistan Announces Rs. 556 Million Transformation Plan

Siemens (Pakistan) Engineering (PSX: SIEM) has announced its strategic decision to transform one of its operational segm...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

CCP Discourages Term ‘Big Four’ in Financial Services Agreements

The Competition Commission of Pakistan (CCP), in its recent decisions, has explicitly discouraged the practice of using...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

IMF Board to Consider $7 Billion Bailout for Pakistan Today

Amid high expectations, the International Monetary Fund (IMF) Executive Board is all set to consider Pakistan’s 37-month...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

SBP Governor Hopeful of IMF’s Nod Today Paving Way for $1.1 Billion Loan Tranche

State Bank of Pakistan (SBP) Governor Jameel Ahmad Wednesday said that the International Monetary Fund (IMF) Executive B...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Faysal Bank Partners with IFC to Establish Trade Finance Guarantee Facility

Faysal Bank Limited (FBL) is pleased to announce a new strategic partnership with the International Finance Corporation...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Govt Working to Provide Affordable Energy to Consumers: Minister

Federal Minister for Energy Awais Ahmed Khan Leghari Tuesday said that the government is working on power sector reforms...

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News Update

25

Sep 2024

Sep 25, 2024 • 5 min read

Govt Has Decided to Completely End Concept of Non-Filers: FBR Chairman

Chairman Federal Board of Revenue (FBR) Rashid Mahmood said that the government has decided to completely abolish the co...

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