News & Updates

News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

FBR Transfers A Dozen Grade 19, 20, 21 Officers Ahead of Budget

In another round of shuffling in the tax department within one week, the Federal Board of Revenue (FBR) has transferred...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

Policies by the Government of Pakistan Must be Long Sighted – LUMS

A recent study by the Lahore University of Management Sciences (LUMS), titled ‘Impact of Taxation on the Cigarette Secto...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

Expect Long Hours of Loadshedding Due to Above 5,000 MW Shortfall

Electricity shortfall in Pakistan has reached 5,233 MW as summers intensify, Power Division sources told ProPakistani. T...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

Chinese Construction Company Offices Sealed in Private Housing Society

Following complaints by the residents of the Eighteen Housing Project, the Rawalpindi Development Authority (RDA) sealed...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

Pakistan Has So Far Received $2.8 Billion Out of Nearly $11 Billion Pledged for Flood Relief

Pakistan has so far received $2.8 billion out of $10.987 billion pledges made at the International Conference on Climate...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

Pakistan, China to Sign New Agreement to Revive Karachi-Peshawar Railway (ML-1) Project

The financial matters of the Karachi-Peshawar Railway Upgradation Project (ML-1) under the China-Pakistan Economic Corri...

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News Update

04

Jun 2024

Jun 04, 2024 • 5 min read

PM Shehbaz Lands in China on First Leg of Five-Day Visit

Prime Minister Shehbaz Sharif arrived in China on Tuesday on the first leg of his five-day official visit and was welcom...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Govt Takes Major Step on IMF Demand to Tax Pensioners

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reportedly managed to convince the International...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Crescent Cotton Mills Gets Permission to Sell Property

Shareholders of Crescent Cotton Mills Limited (PSX: CCM) have allowed the company to dispose and sell its property locat...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Pakistan’s Trade Deficit Shrinks by 15% in 11 Months of FY24

Pakistan’s trade deficit decreased by over 15 percent during July-May of the current fiscal year (11MFY24) according to...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Pakistani AI Startup Clinches Top Spot at AquaCon Invest Competition

PanaceaLogics, a Pakistani AI-driven software solutions company, has claimed the top spot at the coveted AquaCon Invest...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Minister Appreciates Bill & Melinda Gates Foundation’s Support in FBR’s Digitalization

Finance Minister Muhammad Aurangzeb held a meeting with Jason Lamb, Deputy Director, Focus Country Implementation of Bil...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

PIA Privatization: Six Parties Now Left in Race to Bid for National Carrier

The Privatization Commission Board has prequalified six interested parties for divestment of Pakistan International Airl...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

SBP’s Credibility on the Line if Interest Rate Stays High Despite Falling Inflation

State Bank of Pakistan (SBP) is at risk of losing all credibility if it still manages to delay easing its monetary polic...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Gold Price in Pakistan Stable in Line With International Trend

The price of gold in Pakistan remained unchanged on Monday in line with the trend in the international market. According...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

PSX Marks Listing of International Packaging Films

A gong ceremony was held at the Pakistan Stock Exchange (PSX) to celebrate the listing of International Packaging Films...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Pakistan’s Inflation At its Lowest in 2.5 Years

Pakistan’s Consumer Price Index (CPI) based inflation slowed to 11.8 percent on a year-on-year basis in May 2024 as comp...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Pakistan, Afghanistan Agree to Implement Temporary Mechanism to Monitor Cargo Vehicles

The Ministries of Commerce of Pakistan and Afghanistan have agreed to implement the mechanism of Temporary Admission Doc...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Hyundai’s Special Offer: Free Registration on ELANTRA 2.0 GLS and All TUCSON Variants

Hyundai is providing a chance for vehicle enthusiasts with free registration on the Hyundai ELANTRA 2.0 GLS and all TUCS...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

Redefining Convenience: Rapid’s Leap in Payment Flexibility

As a leader in the cloud services sector, Rapid consistently endeavors to elevate the service experience for its clients...

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News Update

03

Jun 2024

Jun 03, 2024 • 5 min read

European Union Announces Decision on Restoration of PIA Flight

Restrictions will remain in full effect on Pakistan International Airlines (PIA) and other Pakistani airlines in the Eur...

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