News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

IHC Upholds SECP’s Rs. 60 Million Penalties Against Shaukat Marwat Group

The Islamabad High Court has upheld the decision of the Appellate Bench of the Securities and Exchange Commission of Pak...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Pakistan Eager to Enter Chinese Capital Market to Raise More Money: Finance Minister

Pakistan is eager to access Chinese capital market as part of its strategy to raise international finances, Finance Mini...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Chinese Company Keen to Invest in Mobile, E-Bike Manufacturing in Pakistan

Chinese company Transsion Holdings has shown keen interest in investing in a number of sectors in Pakistan including mob...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Govt Unsure of 15% Additional Tax on Bank Profits

The government doesn’t understand if it should withdraw a 15 percent tax on bank profits from lending to the Finance Min...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Bank Loans to Private Sector Surge by 47% in 11 Months of FY24

Total bank loans to the private sector clocked in at Rs. 9.27 trillion in 11 months of the current financial year 2023-2...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Govt Likely to End Solar Net Metering and Impose Fixed Charges [Updated]

Update: The Power Division has denied the rumors that the net metering policy was ending in Pakistan. In a brief stateme...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Gold Price in Pakistan Declines as Dealers Continue to Offer Discount Amid Low Demand

After posting minor gains a day earlier, the price of gold in Pakistan fell by Rs. 400 per tola on Wednesday. According...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Bank Alfalah and WWF-Pakistan Join Forces on World Environment Day to Plant Mangroves in Balochistan

On the occasion of World Environment Day, Bank Alfalah, one of the largest commercial banks in Pakistan, in collaboratio...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

ADB Approves $250 Million Loan For Public Private Partnerships in Pakistan

The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help the Government of Pakistan drive...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

World Bank Likely to Restructure 1,410 MW Project to Extend Closing Date for $390 Million Loan

The World Bank is likely to restructure Tarbela Fourth Extension Hydropower Project (T4HP) to extend the closing date of...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Former Emerging World Central Bankers Urge G20 to Address Sovereign Debt Crisis in Global South

Over 20 former finance ministers and central bank governors Wednesday called the G20 to address the sovereign debt crisi...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

IT Ministry’s Budget Likely to Go up by 30% for FY25

The Ministry of Information Technology and Telecommunication (MoITT) is likely to get a budget of Rs. 11.82 billion for...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

CCP to Hold Public Hearings for Gathering Info on Illegal Housing Schemes

The Competition Commission of Pakistan is holding four public hearings to gather information against alleged illegal hou...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

CDA Launches Solarization Project to Cut Monthly Electricity Costs by Rs. 250 Million

The Capital Development Authority (CDA) has announced a significant initiative to reduce heavy electricity bills by tran...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Pakistan is Ready for Coffee: Time for Tariff Rationalization

With the rising youth population in Pakistan, there is an increase in coffee consumption driven by the younger generatio...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Air Link Signs MoU With IMIKI Corporation to Make Smart Wearable Devices in Pakistan

Air Link Communication Limited (PSX: AIRLINK) has signed a memorandum of understanding (MoU) with IMIKI Corporation to m...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

PBC for Basing Central Bank’s Monetary Response on Core Inflation

Basing the central bank’s monetary response on core inflation is likely a more appropriate approach in the current high...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

PSX Proposes Lower Tax Rates For Listed Companies in Budget 2024-25

Pakistan Stock Exchange (PSX has proposed that the rate of tax for all listed companies be permanently lowered by giving...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Pakistan, China’s Guangdong Province to Explore Opportunities for Increased Cooperation

Prime Minister Shehbaz Sharif Tuesday met with Meng Fanli, Party Secretary of Shenzhen Municipal Committee, and Deputy P...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

NEPRA No Longer Allows Paying High Electricity Bills in Installments Throughout The Year

Electricity consumers will no longer be able to pay large bills in installments following an amendment to the National E...

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News Update

05

Jun 2024

Jun 05, 2024 • 5 min read

Power Division Officially Responds to News Regarding End of Solar Net Metering

The Power Division has denied the rumors that the solar net metering policy was ending in Pakistan. In a brief statement...

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News & Updates

IHC Upholds SECP’s Rs. 60 Million Penalties Against Shaukat Marwat Group

Pakistan Eager to Enter Chinese Capital Market to Raise More Money: Finance Minister

Chinese Company Keen to Invest in Mobile, E-Bike Manufacturing in Pakistan

Govt Unsure of 15% Additional Tax on Bank Profits

Bank Loans to Private Sector Surge by 47% in 11 Months of FY24

Govt Likely to End Solar Net Metering and Impose Fixed Charges [Updated]

Gold Price in Pakistan Declines as Dealers Continue to Offer Discount Amid Low Demand

Bank Alfalah and WWF-Pakistan Join Forces on World Environment Day to Plant Mangroves in Balochistan

ADB Approves $250 Million Loan For Public Private Partnerships in Pakistan

World Bank Likely to Restructure 1,410 MW Project to Extend Closing Date for $390 Million Loan

Former Emerging World Central Bankers Urge G20 to Address Sovereign Debt Crisis in Global South

IT Ministry’s Budget Likely to Go up by 30% for FY25

CCP to Hold Public Hearings for Gathering Info on Illegal Housing Schemes

CDA Launches Solarization Project to Cut Monthly Electricity Costs by Rs. 250 Million

Pakistan is Ready for Coffee: Time for Tariff Rationalization

Air Link Signs MoU With IMIKI Corporation to Make Smart Wearable Devices in Pakistan

PBC for Basing Central Bank’s Monetary Response on Core Inflation

PSX Proposes Lower Tax Rates For Listed Companies in Budget 2024-25

Pakistan, China’s Guangdong Province to Explore Opportunities for Increased Cooperation

NEPRA No Longer Allows Paying High Electricity Bills in Installments Throughout The Year

Power Division Officially Responds to News Regarding End of Solar Net Metering

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