News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

CCP Approves Acquisition of Shares in Sindh Engro Coal Mining Company

The Competition Commission of Pakistan (CCP) Monday said it has granted approval for the acquisition of 11.9 percent of...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Circular Debt to Spike by Rs. 100 Billion This Fiscal Year

The federal government has informed the International Monetary Fund (IMF) that the power sector’s circular debt is set t...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Mastercard and UPaisa Launch a New Debit Card to Transform Pakistan’s Payment Landscape

Mastercard and UPaisa – a digital and financial app by U Microfinance Bank and Ufone 4G – have launched a new physical a...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Aramco Has Not Commissioned Any Site in Pakistan

Gas & Oil Pakistan Ltd (GO) Chief Operating Officer Zeeshan Tayyeb on Monday clarified that ‘No Aramco site has been com...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

FPCCI Demands SBP to Cut Policy Rate by 4%

The Federation of Pakistan Chambers of Commerce and Industries (FPCCI) has made a big demand from the government and Mon...

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News Update

08

Sep 2024

Sep 08, 2024 • 5 min read

Petroleum Industry Urges FBR to Reconsider Recent Budget Taxes on OMCs

The Oil Marketing Association of Pakistan (OMAP) has raised concerns regarding the recent budget announcement and its im...

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News Update

08

Sep 2024

Sep 08, 2024 • 5 min read

Govt Finalizes Mandatory Retirement Scheme for Employees

The federal government has finalized a compulsory “Severance Package” for its employees, high level sources told ProPaki...

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News Update

08

Sep 2024

Sep 08, 2024 • 5 min read

PSX to Remain Closed on September 17

The Pakistan Stock Exchange (PSX) will remain closed on September 17, Tuesday, on the occasion of Eid Milad-un-Nabi. “Al...

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News Update

08

Sep 2024

Sep 08, 2024 • 5 min read

International Oil Prices Crash With WTI Below $70 Amid Demand Issues

Oil prices fell on Sunday with Brent crude falling below $72 amid sluggish demand and reports that Libya is close to agr...

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News Update

08

Sep 2024

Sep 08, 2024 • 5 min read

Govt Renegotiating IPP Contracts to Cut Electricity Prices: Energy Minister

The federal government is renegotiating contracts with independent power producers (IPPs) to reduce electricity rates ac...

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News Update

07

Sep 2024

Sep 07, 2024 • 5 min read

Huge Petroleum and Gas Reserves Found in Pakistan’s Waters: Report

A significant deposit of petroleum and natural gas has been discovered within Pakistan’s territorial waters, according t...

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News Update

07

Sep 2024

Sep 07, 2024 • 5 min read

FBR Mandates SOEs to Settle Tax Disputes via Alternate Dispute Resolution Committees

The Federal Board of Revenue (FBR) has made it mandatory for state-owned enterprises (SOEs) to resolve their tax-related...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

FBR Likely to Increase Property Rates in 42 Cities Across Pakistan

The Federal Board of Revenue (FBR) is likely to raise valuation rates of immovable properties in 42 cities during the cu...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Telcos Install 10 New Cellular Sites in Upper Dir

The Pakistan Telecommunication Authority (PTA) has reported the deployment of 170 cellular sites in the Upper Dir distri...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Govt Bans Buying Vehicles and Jobs Creation Under New Austerity Measures

The Finance Division has notified austerity measures, including a ban on the purchase of all types of vehicles, procurem...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Electricity Consumers to Pay Extra for Three Months as NEPRA Approves Quarterly Hike

The National Electric Power Regulatory Authority (NEPRA) Friday announced its decision in the matter of requests filed b...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Economic Elites: The Modern Colonizers of Pakistan

By: Hissan Ur Rehman In Pakistan, a select group holds the reins of the economy, leveraging their influence to serve per...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Pace Pakistan Announces Completion of First Capital Tower

Pace Pakistan Limited (PSX: PACE) Friday said that its project First Capital Tower in Lahore has been completed. “We wou...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Gold Rate in Pakistan Hovers Near Record High After Gaining Rs. 3,400 Per Tola in Two Days

The price of gold in Pakistan posted an increase of Rs. 1,400 per tola on Friday, taking the two-day gains to Rs. 3,400...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Pakistani Rupee Posts Gains Against US Dollar for Second Straight Day

The Pakistani rupee (PKR)on Friday appreciated by 11 paisa against the US dollar (USD) in the interbank trading and clos...

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News Update

06

Sep 2024

Sep 06, 2024 • 5 min read

Attock Refinery Temporarily Shuts Down Main Crude Distillation Unit

Attock Refinery Limited (PSX: ATRL) Friday announced a shutdown of refinery’s main crude distillation unit. In a notice...

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News & Updates

CCP Approves Acquisition of Shares in Sindh Engro Coal Mining Company

Circular Debt to Spike by Rs. 100 Billion This Fiscal Year

Mastercard and UPaisa Launch a New Debit Card to Transform Pakistan’s Payment Landscape

Aramco Has Not Commissioned Any Site in Pakistan

FPCCI Demands SBP to Cut Policy Rate by 4%

Petroleum Industry Urges FBR to Reconsider Recent Budget Taxes on OMCs

Govt Finalizes Mandatory Retirement Scheme for Employees

PSX to Remain Closed on September 17

International Oil Prices Crash With WTI Below $70 Amid Demand Issues

Govt Renegotiating IPP Contracts to Cut Electricity Prices: Energy Minister

Huge Petroleum and Gas Reserves Found in Pakistan’s Waters: Report

FBR Mandates SOEs to Settle Tax Disputes via Alternate Dispute Resolution Committees

FBR Likely to Increase Property Rates in 42 Cities Across Pakistan

Telcos Install 10 New Cellular Sites in Upper Dir

Govt Bans Buying Vehicles and Jobs Creation Under New Austerity Measures

Electricity Consumers to Pay Extra for Three Months as NEPRA Approves Quarterly Hike

Economic Elites: The Modern Colonizers of Pakistan

Pace Pakistan Announces Completion of First Capital Tower

Gold Rate in Pakistan Hovers Near Record High After Gaining Rs. 3,400 Per Tola in Two Days

Pakistani Rupee Posts Gains Against US Dollar for Second Straight Day

Attock Refinery Temporarily Shuts Down Main Crude Distillation Unit

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