News Update

07

Jul 2024

Jul 07, 2024 • 5 min read

Interloop is Now Largest Textile Exporter of Pakistan

Interloop Limited (PSX: ILP) has become one of the largest exporters of Pakistan after recording $530 million in total e...

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News Update

07

Jul 2024

Jul 07, 2024 • 5 min read

Saudi Arabia’s WAFI Energy Officially Acquires Shell Pakistan Limited

Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42 percent shareholdings and con...

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News Update

07

Jul 2024

Jul 07, 2024 • 5 min read

Ex-SBP Deputy Governor Reveals 5 Biggest Problems With Pakistan’s Economy

Pakistan’s economic model is no longer sustainable, unable to grow beyond 4 percent without incurring significant risks....

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News Update

07

Jul 2024

Jul 07, 2024 • 5 min read

Pakistana Can Earn Billions of Dollars With Modernized Sea Port Systems: PM Shehbaz

Pakistan can earn billions of dollars in foreign exchange by modernized port systems and improved access, Prime Minister...

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News Update

07

Jul 2024

Jul 07, 2024 • 5 min read

SBP Policy Rate May Gradually Decrease This Year: Aurangzeb

Finance Muhammad Aurangzeb on Saturday said the central bank’s policy rate may gradually start falling this year. Talkin...

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News Update

06

Jul 2024

Jul 06, 2024 • 5 min read

Inquiry into LESCO’s Alleged Over-Billing Launched by FIA

The Federal Investigation Agency (FIA) Anti-Corruption Circle Lahore has initiated an inquiry into allegations of over-b...

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News Update

06

Jul 2024

Jul 06, 2024 • 5 min read

Prime Minister Pushes Cost Saving Agenda, Plans to Abolish Up to 5 Ministries

Prime Minister Shehbaz Sharif is pressing his cost-saving plan amid severe economic challenges, sources say. He plans to...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Govt Has Spent Over Rs. 16 Billion on Advertisements in Last 5 Years

The federal government has spent over Rs. 16 billion on advertisements in the last five years, according to official doc...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Govt Plans to Retain PIA Stake Even After Selling It to Highest Bidder

The federal government plans to retain a stake in Pakistan International Airlines (PIA) after selling the airline to the...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Gold Price in Pakistan Surges for Third Straight Day as International Prices Climb

The price of gold in Pakistan posted its third straight increase this week on Friday. According to data issued by the Ka...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Short-Term Inflation Spikes as Budget Measures Take Effect

The Sensitive Price Index (SPI)-based inflation for the week ended July 4, 2024, increased by 1.28 percent attributable...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Rupee Reverses 3-Day Losing Streak Against US Dollar After SBP News

The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar today after opening trade at 278 in the...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Local Automakers Urge Govt to Make Car Imports More Expensive

The Pakistan Automotive Manufacturers Association (PAMA) has written to Prime Minister Shehbaz Sharif seeking a 15 perce...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

PTBA, Finance Minister Discuss Optimization of Tax Documentation Process

A delegation of the Pakistan Tax Bar Association led by PTBA President Anwar Kashif Mumtaz called on Federal Minister fo...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Petroleum Dealers Divided Over Strike as Govt Proposes Higher Sales Commissions

The federal government has managed to create a division among protesting petroleum dealers by offering higher commission...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Customs Foils Attempt to Smuggle 75,000 Liters of Iranian Diesel in LPG Bowsers

The Customs Collectorate Islamabad has foiled a bid to smuggle Iranian Diesel in the guise of LPG. According to Collecto...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

Senate Panel Criticizes Slow E-Filing Process For Patents in Pakistan

The Senate Standing Committee on Commerce while discussing E-filing for patents, copyrights, and designs, criticized the...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

UBL Subsidiary Merges With Wall Street Exchange Company

The subsidiary of United Bank Limited, UBL Currency Exchange has merged with Wall Street Exchange Company after the appr...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

NEPRA Notifies Rs. 3.3 Per Unit Electricity Tariff Hike for July Bills

The National Electric Power Regulatory Authority (NEPRA) on Friday notified a Rs. 3.33 per unit increase in the price of...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

CDA to Float New Proposal for Investment in Islamabad IT park

A company has expressed interest in investing over Rs. 1 billion in the proposed Islamabad IT Park, an initiative led by...

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News Update

05

Jul 2024

Jul 05, 2024 • 5 min read

LHC Upholds CCP’s Power to Conduct Inquiry Against Poultry Feed Manufacturers

Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four poultry feed...

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News & Updates

Interloop is Now Largest Textile Exporter of Pakistan

Saudi Arabia’s WAFI Energy Officially Acquires Shell Pakistan Limited

Ex-SBP Deputy Governor Reveals 5 Biggest Problems With Pakistan’s Economy

Pakistana Can Earn Billions of Dollars With Modernized Sea Port Systems: PM Shehbaz

SBP Policy Rate May Gradually Decrease This Year: Aurangzeb

Inquiry into LESCO’s Alleged Over-Billing Launched by FIA

Prime Minister Pushes Cost Saving Agenda, Plans to Abolish Up to 5 Ministries

Govt Has Spent Over Rs. 16 Billion on Advertisements in Last 5 Years

Govt Plans to Retain PIA Stake Even After Selling It to Highest Bidder

Gold Price in Pakistan Surges for Third Straight Day as International Prices Climb

Short-Term Inflation Spikes as Budget Measures Take Effect

Rupee Reverses 3-Day Losing Streak Against US Dollar After SBP News

Local Automakers Urge Govt to Make Car Imports More Expensive

PTBA, Finance Minister Discuss Optimization of Tax Documentation Process

Petroleum Dealers Divided Over Strike as Govt Proposes Higher Sales Commissions

Customs Foils Attempt to Smuggle 75,000 Liters of Iranian Diesel in LPG Bowsers

Senate Panel Criticizes Slow E-Filing Process For Patents in Pakistan

UBL Subsidiary Merges With Wall Street Exchange Company

NEPRA Notifies Rs. 3.3 Per Unit Electricity Tariff Hike for July Bills

CDA to Float New Proposal for Investment in Islamabad IT park

LHC Upholds CCP’s Power to Conduct Inquiry Against Poultry Feed Manufacturers

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