News & Updates

News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

CCP, British Council Conduct Session on Competition Law for UK Alumni

The Competition Commission of Pakistan (CCP), in collaboration with the British Council, conducted an interactive sessio...

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

ADB Report Exposes Whopping 398% Rise in Trade-Based Money Laundering in Pakistan

Pakistan’s Financial Monitoring Unit (FMU) identified the types of goods commonly linked to suspicious trade include sol...

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

ECC Proposes Closure of Pakistan Central Cotton Committee in Response to Loan Request

Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired the meeting of the Economic Coordination Committee t...

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

Govt Employees Taking Voluntary Retirement to Face Deduction in Pension 

The Finance Division has notified that there will be penalties on voluntary retirement. The notification stated that on...

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

Pension System is Like A Bomb That Must Be Defused Immediately: Finance Minister

Finance Minister Muhammad Aurangzeb has described the current pension system as a bomb that must be defused immediately....

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

Rupee Appreciates 2nd Successive Day Against US Dollar

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

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News Update

11

Sep 2024

Sep 11, 2024 • 5 min read

Govt Directs Ministries to Share All Details About ‘Dying’ Posts

The Establishment Division has directed all ministries or divisions to furnish information/details along with notificati...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Sindh Approves New High-yield Crop Varieties

The Sindh government has approved 12 innovative crop varieties including cotton, wheat, and mustard developed by the pro...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Internet, Mobile Traffic, ATMs At Risk of Shutting Down Across Pakistan

Around 50 percent of mobile traffic, 10 percent of Internet traffic, and around 40 percent of ATM banking machines are a...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

How Businesses Can Save on High Taxes: This Company is Helping Pakistanis Set-Up Their Business in Dubai

As tax burdens rise throughout the year, Pakistani entrepreneurs are searching for smart ways to manage their finances....

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

SECP, US CFTC Start 2nd Training Session on Commodities Futures Market

The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the US Commodity Futures Trading Commiss...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Fauji Fertilizer to Buy Agritech Limited

The Board of Directors of Fauji Fertilizer Company Limited (PSX: FFC) has approved the acquisition of shares and control...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Agriculture, IT Real Drivers of Pakistan’s Economic Growth: Finance Minister

Federal Minister for Finance & Revenue Muhammad Aurangzeb has said that agriculture and information technology are the b...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Gold Rate in Pakistan Remains Within Sight of Record High After Another Gain 

The price of gold in Pakistan posted an increase of Rs. 1,300 per tola on Tuesday.    According to data issued by the Ka...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

New IMF Bailout Faces Delay Till October If Pakistan Fails to Secure Financing Gap

The International Monetary Fund (IMF) could delay the new $7 billion bailout if Pakistan fails to secure a $2 billion fi...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

OGRA Ramps Up Efforts to Curb Smuggling of Petroleum Products

The Oil and Gas Regulatory Authority (OGRA) has requested detailed records from refineries on petrol and high-speed dies...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

PSX Surges by Over 670 Points Driven by Institutional Buying in Blue-chip Stocks 

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Tuesday, gaining 671.73 points, a p...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

IMF Appoints New Country Head for Pakistan

The International Monetary Fund (IMF) has appointed Mahir Binici as the new country head for Pakistan. He will replace E...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Establishment Division Seeks Details on Abolition of 150,000 Vacant Govt Posts

The Establishment Division has directed all ministries or divisions to furnish information/details along with notificati...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

CCP Recovers Rs. 27 Million Penalty From Reliance Paints and PSM

The Competition Commission of Pakistan (CCP) has successfully recovered Rs. 27 million in penalties from Reliance Paints...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Dewan Farooque Motors Starts Production of Electric Vehicles in Pakistan

Dewan Farooque Motors Limited (PSX: DFML) has started the production of electric vehicles, the company informed the Paki...

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