News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

Govt Approves Risk Coverage Scheme For SMEs

The federal government has approved a risk coverage scheme for SME financing based on instructions from the State Bank o...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

Cement Prices in Punjab to Rise as Provincial Govt Increases Royalty Rates

Punjab-based cement manufacturing plants are set to face a major shock as rates of royalty on raw material have been det...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

PSX to List Big Bird Foods on Monday

Pakistan Stock Exchange (PSX) will officially list Big Bird Foods Limited (BBFL) on August 5, 2024, the main bourse said...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

FTO Recommends Adjustment of Tax Deducted Under Income Tax Ordinance

Federal Tax Ombudsman (FTO) has recommended Federal Board of Revenue (FBR), Accountant General of Pakistan Revenue (AGPR...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

Lucky Landmark Consortium Signs Agreement With Ignite for Managing NIC Karachi

Lucky Landmark, part of YBG, in partnership with LMKT and Orbit Startups, has been awarded the prestigious project of ma...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

Pakistan, France Affirm Commitment to Deepen Economic Ties

Ambassador of France to Pakistan Nicolas Galey called on Minister of State for Finance Ali Pervaiz Malik at Finance Divi...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

K-Electric Renewable Energy Projects Garner Local, International Interest

K-Electric (KE) completed another significant milestone in its ambitions to enhance its share of renewable energy in its...

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News Update

02

Aug 2024

Aug 02, 2024 • 5 min read

ECC Allows Import of 100,000 Metric Tons of Urea

The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Com...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

MSCI Likely to Add 4 More PSX Companies to its Indices

MSCI is scheduled to announce its Quarterly Index Review (QIR) on August 12, 2024, and any changes in the index will be...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

IT Ministry Dissolves Steering Committee Formed Over Pending Dues of LDI Companies

The Ministry of Information Technology and Telecommunication has dissolved the Steering Committee formed to resolve the...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

SBP Refuses to Protect Banks From Losses in PIA Privatization

The State Bank of Pakistan (SBP) has refused to give a waiver for Rs. 268 billion in commercial bank loans and dollar-de...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Gold Rate in Pakistan Breaks All Previous Records

The price of gold in Pakistan rose on Thursday to hit a new all-time high. According to data issued by the Karachi Saraf...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Pakistan’s Inflation Rate Slows to Lowest Level in Nearly 3 Years

Pakistan’s Consumer Price Index (CPI) based inflation slowed to 11.1 percent on a year-on-year basis in July 2024 as com...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Pakistani Rupee Suddenly Halts 3-Day Losing Streak Against US Dollar

The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

ZLK Islamic Financial Services and Dubai Islamic Bank Pakistan Join Hands to Broaden Shariah Compliant Investment Opportunities

In a landmark collaboration, ZLK Islamic Financial Services, Pakistan’s premier Shariah-compliant brokerage firm, has pa...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

SBP Reserves Post Increase of $75 Million After Major Decline Last Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $75 million on a weekly bas...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Chinese IPP Conveys Concern to Govt Over Overdue Receivables

Federal Minister for Finance Muhammad Aurangzeb and Minister for Power Sardar Awais Leghari held a meeting with the dele...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Bank Alfalah Reports Substantial Growth and Robust Digital Advancements in H1 2024

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on August 01, 2024, approved the Bank’s finan...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Hascol Losses Reduce by 75% in Q1 2024

Hascol Petroleum Limited has announced its financial results for the three months ended 31 March 2024. The company has p...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

5 Chinese Firms Bid to Help Pakistan Raise Funds Via Panda Bonds

Five Chinese firms submitted bids to Pakistan to raise funds through Panda bonds as the country moves forward with plans...

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News Update

01

Aug 2024

Aug 01, 2024 • 5 min read

Pakistan’s Trade Deficit Widens by Nearly 20% in July

Pakistan’s trade deficit surged by nearly 20 percent in the first month of the new fiscal year (FY25) i.e. July 2024 on...

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News & Updates

Govt Approves Risk Coverage Scheme For SMEs

Cement Prices in Punjab to Rise as Provincial Govt Increases Royalty Rates

PSX to List Big Bird Foods on Monday

FTO Recommends Adjustment of Tax Deducted Under Income Tax Ordinance

Lucky Landmark Consortium Signs Agreement With Ignite for Managing NIC Karachi

Pakistan, France Affirm Commitment to Deepen Economic Ties

K-Electric Renewable Energy Projects Garner Local, International Interest

ECC Allows Import of 100,000 Metric Tons of Urea

MSCI Likely to Add 4 More PSX Companies to its Indices

IT Ministry Dissolves Steering Committee Formed Over Pending Dues of LDI Companies

SBP Refuses to Protect Banks From Losses in PIA Privatization

Gold Rate in Pakistan Breaks All Previous Records

Pakistan’s Inflation Rate Slows to Lowest Level in Nearly 3 Years

Pakistani Rupee Suddenly Halts 3-Day Losing Streak Against US Dollar

ZLK Islamic Financial Services and Dubai Islamic Bank Pakistan Join Hands to Broaden Shariah Compliant Investment Opportunities

SBP Reserves Post Increase of $75 Million After Major Decline Last Week

Chinese IPP Conveys Concern to Govt Over Overdue Receivables

Bank Alfalah Reports Substantial Growth and Robust Digital Advancements in H1 2024

Hascol Losses Reduce by 75% in Q1 2024

5 Chinese Firms Bid to Help Pakistan Raise Funds Via Panda Bonds

Pakistan’s Trade Deficit Widens by Nearly 20% in July

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