News & Updates

News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Finance Ministry Appoints 5 Private Members on SECP Policy Board

The Finance Division has announced the appointment of five individuals as private members of the Securities and Exchange...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Unilever Pakistan Fined Rs. 60 Million Over False Claims to Promote Lifebuoy Soap

The Competition Commission of Pakistan (CCP) has passed an order imposing fine of Rs. 60 million on Unilever Pakistan fo...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Reporting Safety Hazards in Karachi: K-Electric’s Alertli App Takes Charge

Karachi has witnessed exponential growth over the past decades. According to the ‘Digital Census’ 2023, Karachi is the m...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Govt All Set to Distribute Solar Panels Among Minorities in Pakistan

The federal government is all set to distribute solar panels among members of the minority communities in the country. S...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Tractor Industry Faces Closure As Vendors Halt Operations Over Delayed Payments

Around 250 suppliers have stopped despatching tractor parts to assemblers due to delayed payments. The Pakistan Automoti...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Gold Price Rises in Pakistan as Dealers Offer Discount

The price of gold in Pakistan registered an increase of Rs 1,000 per tola on Friday. According to data issued by the Kar...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

FBR Sets up Check Post in Battagram to Tariff Areas of Abbottabad

The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district Battagram – Silk/...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Rupee Ends Week With Small Recovery Against US Dollar, Other Currencies

The Pakistani rupee (PKR) gained some ground second day in a row against the US Dollar today after opening trade at 278...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Faysal Bank Wins Big at Digital Technology Awards 2024

Faysal Bank Limited (FBL) announces its recent triumph at the Digital Technology Awards 2024, hosted by the Institute of...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Short-Term Inflation Rises Slightly as Food Prices Go Up

The Sensitive Price Index (SPI)-based inflation for the week ended August 8, 2024, increased by 0.30 percent mainly due...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Bolan Castings Ltd to Halt Production For 5 Days Next Week

Bolan Castings Limited (PSX: BCL) has decided to temporarily halt production next week, the company informed the main bo...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

FFBL to Sell 166 Acre Land in Pindi Bhattian

The Board of Directors of Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) in its meeting today approved the sale of its 1...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

SECP Issues Concept Papers for Development of Short Term Listed Sukuk Market

The Securities and Exchange Commission of Pakistan (SECP) has issued two concept papers to further the development of Pa...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

PM Approves Launch of Pakistan’s Largest-Ever Reform Program for Attracting Investments

Prime Minister Shehbaz Sharif has approved the launch of Pakistan’s largest-ever reform program for attracting investmen...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

New FBR Chairman Seeks Briefing on Tajir Dost Scheme 

The newly appointed Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has directed the Member Operations M...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

NETSOL-Led Consortium to Set up National Incubation Center in Lahore

NetSol Technologies Limited (PSX: NETSOL) has signed a contract with IGNITE – National Technology Fund, a company under...

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News Update

09

Aug 2024

Aug 09, 2024 • 5 min read

Pakistan’s Remittances Sustain $3 Billion Level for Third Straight Month in July 2024

Remittances sent by overseas Pakistanis increased by 47.6 percent to $3 billion in July 2024 compared to inflows of $2 b...

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News Update

08

Aug 2024

Aug 08, 2024 • 5 min read

Kohinoor Spinning Mills to Increase Its Authorized Share Capital to Rs. 3 Billion

The Board of Directors (BOD) of Kohinoor Spinning Mills Limited (PSX: KOSM) in their meeting held on Wednesday 07th Augu...

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News Update

08

Aug 2024

Aug 08, 2024 • 5 min read

Langrial Assumes Charge as FBR Chairman

Rashid Mahmood Langrial Thursday assumed charge as the new Chairman of the Federal Board of Revenue (FBR). In a post on...

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News Update

08

Aug 2024

Aug 08, 2024 • 5 min read

Finance Minister Reiterates Commitment to Promote Investment

Finance Minister Senator Muhammad Aurangzeb had a meeting today with a delegation of Meezan Bank, led by the Chairman of...

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News Update

08

Aug 2024

Aug 08, 2024 • 5 min read

PSX Suspends Trading in Shares of 7 Listed Companies

Pakistan Stock Exchange has suspended trading in the shares of seven companies for breaching regulations. The main bours...

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