News & Updates

News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

Millat Tractors Clarifies News Reports About Shutting Down Operations

Millat Tractors Limited (PSX: MTL) on Monday refuted recent media reports about its closure and clarified that it remain...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

CCP’s Rs. 6 Million Penalty on Lahore-based Cafe for Copying Starbucks Logo Upheld by Apex Court

The Supreme Court of Pakistan upheld the Competition Appellate Tribunal’s (CAT) order imposing a penalty of Rs. 6 millio...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

PBC Highlights Shortcomings of PM’s Yet-to-be-Launched Economic Plan

The Pakistan Business Council (PBC) has highlighted a number of shortcomings of the “Home Grown Economic Plan” set to be...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

Finance Minister Reviews Revenue Collection Strategy for FY25

Federal Minister for Finance Muhammad Aurangzeb visited Federal Board of Revenue (FBR) Headquarters today and chaired a...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

Gold Price in Pakistan Remains Stable as Dealers Further Increase Discount

The price of gold in Pakistan remained unchanged on Monday as the dealers further enhanced the discount offered to custo...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

OGDC Starts Commercial Production of Tight Gas in Sindh

Oil & Gas Development Company Limited (OGDC) has commenced commercial production of Tight Gas from Nur West Well-1. OGDC...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

PM Shehbaz Promises to Give 1 Million Smartphones to Students This Year

Prime Minister Muhammad Shehbaz Sharif on Monday pledged to allocate ample resources to the nation’s youth to help trans...

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News Update

12

Aug 2024

Aug 12, 2024 • 5 min read

Govt Signed New Loan Agreements of $2.1 Billion in July-Mar FY24

The government of Pakistan signed new agreements worth $2.166 billion as commitments in the period July-Mar 2023-24, say...

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

Balochistan’s Renewable Energy Potential Can Help Cut $1 Billion in Electricity Costs: World Bank

Balochistan has enormous variable renewable energy (VRE) potential which can electrify the province and help Pakistan in...

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

MSCI Likely to Add 7 PSX Companies to its Frontier Markets Index

In the upcoming MSCI review scheduled for August 12th, 2024, some key changes are anticipated for Pakistan’s representat...

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

Solar Panel Prices in Pakistan Crash to Lowest Level in History

Solar panel prices have suddenly dropped to Rs. 30-32 per Watt, the lowest level in the history of this business in Paki...

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

SHC Rejects Plea of 12 Revenue Officers For Being Transferred to FBR Admin Pool

Sindh High Court (SHC)  has dismissed the plea of 12 senior officials of Inland Revenue Service who challenged their tra...

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

Foreigners Caught With Dozens of Alcohol Bottles at Islamabad Airport

Customs authorities have detained dozens of bottles of liquor from foreign nationals at Islamabad International Airport....

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News Update

11

Aug 2024

Aug 11, 2024 • 5 min read

Minorities Play Significant Role in Development of Pakistan: FPCCI

Federation of Pakistan Chamber of Commerce and Industry (FPCCI) officials in their latest statement on the occasion of N...

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News Update

10

Aug 2024

Aug 10, 2024 • 5 min read

FBR Will Not Tax Arshad Nadeem’s Prize Money

The Federal Board of Revenue (FBR) has categorically stated that the prize money awarded to Olympian Arshad Nadeem will...

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News Update

10

Aug 2024

Aug 10, 2024 • 5 min read

LDA Seals 18 Illegal Buildings in Lahore

The Lahore Development Authority (LDA) has intensified its enforcement efforts against unauthorized commercial use in La...

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News Update

10

Aug 2024

Aug 10, 2024 • 5 min read

Celebrate Independence with MCB Islamic Bank’s Delicious Dining Discounts – Up to 70% Off

This Independence Day, MCB Islamic Bank is offering a special opportunity for its customers. During the 13th and 14th of...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Customs Member Unhappy With FBR Chairman Appointment, Takes 6-Month Leave

The federal government has granted six months’ leave to member customs operations Federal Board of Revenue (FBR) Ashhad...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

PSX Holds Gong Ceremony to Mark Listing of Big Bird Foods Ltd.

Pakistan Stock Exchange (PSX) held a gong ceremony to mark the listing of Big Bird Foods Limited (BBFL). Big Bird Foods...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

China Vows to Help Pakistan Grow its Economy

Federal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with Charge D’affaires Shi Yuanqiang and othe...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

NEPRA Hikes Electricity Rate by Rs. 2.56 Per Unit

The National Electric Power Regulatory Authority (NEPRA) has approved an increase in electricity rates by up to Rs. 2.56...

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