News Update

30

May 2024

May 30, 2024 • 5 min read

US Wants to Provide Loan For Pakistan’s Reko Diq

The United States wants to provide debt financing for the Reko Diq mining project in Pakistan. The Export-Import (Exim)...

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News Update

30

May 2024

May 30, 2024 • 5 min read

Govt to Ensure Uninterrupted Supply of Urea to Farmers: Minister

Federal Minister for Industries, Production & National Food Security Rana Tanveer Hussain has said that the government w...

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News Update

30

May 2024

May 30, 2024 • 5 min read

Dewan Farooque Motors Signs Agreement With EGML to Make Honri-VE Electric Car in Pakistan

Dewan Farooque Motors Limited (PSX: DFML) has entered into a toll manufacturing agreement with ECO-Green Motors Limited...

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News Update

30

May 2024

May 30, 2024 • 5 min read

Govt Enforces Essential Services Act At PIA to Ensure Operational Continuity

The government has invoked the Pakistan Essential Services (Maintenance) Act, 1952 for the next six months at Pakistan I...

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News Update

30

May 2024

May 30, 2024 • 5 min read

6-Month KIBOR Drops by 18bps

The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 18 bas...

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News Update

30

May 2024

May 30, 2024 • 5 min read

OGDC Plans to Substantially Increase Oil and Gas Production in Next Few Years

The Oil and Gas Development Company Limited (PSX: OGDC), plans to increase production over the next few years from its e...

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News Update

30

May 2024

May 30, 2024 • 5 min read

Minister Says Loadshedding to Continue on Loss-Making Feeders as Country Reels Under Searing Heat

Federal Minister for Energy Awais Ahmad Khan Leghari Thursday said loadshedding would continue on the loss-making feeder...

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News Update

30

May 2024

May 30, 2024 • 5 min read

IMF Proposes Rs. 12.9 Trillion Tax Collection Target For FBR Next Fiscal Year

The International Monetary Fund (IMF) has proposed a massive Rs. 12.9 trillion tax collection target for the Federal Boa...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Rupee Remains Under Pressure Against US Dollar, AUD, British Pound

The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank ma...

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News Update

29

May 2024

May 29, 2024 • 5 min read

IMF Warns Pakistan’s Current Account Deficit Could Spike By $1.54 Billion Next Fiscal Year

The International Monetary Fund (IMF) has worked out Pakistan’s current account deficit (CAD) target of $4.55 billion fo...

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News Update

29

May 2024

May 29, 2024 • 5 min read

RTO Rawalpindi Destroys Smuggled Cigarettes Worth Rs. 202 Million

A ceremony for the destruction of a massive quantity of illicit/smuggled/counterfeit cigarettes was held by the Jhelum Z...

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News Update

29

May 2024

May 29, 2024 • 5 min read

National E-Commerce Council to Develop 5-Year Roadmap to Increase Digital Trade

The National eCommerce Council (NeCC) wants to create a five-year action plan to boost digital trade in Pakistan. This w...

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News Update

29

May 2024

May 29, 2024 • 5 min read

NCCPL Rolls Out Smart Portal For Verification of Investors

NCCPL has introduced a smart portal for swift verification of investors to open their accounts in the equity market. The...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Dewan Farooque Motors Resumes Commercial Production of KIA Shehzore

Dewan Farooque Motors Limited (PSX: DFML) has resumed the commercial production of “Special Purpose KIA Commercial Vehic...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Govt Set to Further Enhance Security of Chinese Workers in Pakistan

The federal government is set to further enhance the security of Chinese workers in Pakistan. According to sources, the...

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News Update

29

May 2024

May 29, 2024 • 5 min read

IMF Urges Pakistan to End Subsidies for Exporters

The International Monetary Fund (IMF) has directed Pakistan to end subsidies for exporters. Sources said that the lender...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Pakistan to Lose Rs. 32 Billion for Failing to Sell 5G Spectrum

The country is likely to face a shortfall of around Rs. 32 billion in non-tax revenue from 5G licenses, budgeted for the...

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News Update

29

May 2024

May 29, 2024 • 5 min read

SECP Unveils New Policy Framework to Boost Women’s Access to Finance in Pakistan

The Securities and Exchange Commission of Pakistan (SECP) has issued a policy framework for Women Equality in Finance Po...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Gold Price in Pakistan Increases by Nearly Rs. 2,500 Per Tola

The price of gold in Pakistan posted an increase of Rs. 2,400 per tola on Wednesday. According to data issued by the Kar...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Hutchison Ports Pakistan Marks Arrival of Largest Container Vessel Ever to Berth in Pakistan

Hutchison Ports Pakistan welcomes the maiden call of the CV MSC ANNA, the largest container vessel ever to berth in Paki...

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News Update

29

May 2024

May 29, 2024 • 5 min read

Govt Raises Rs. 501 Billion Via T-Bills, Cut-Off Yields Down by up to 60 BPS

The cut-off yields on Treasury Bills (T-Bills) went down by up to 60 basis points (bps) in the auction of the paper held...

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News & Updates

US Wants to Provide Loan For Pakistan’s Reko Diq

Govt to Ensure Uninterrupted Supply of Urea to Farmers: Minister

Dewan Farooque Motors Signs Agreement With EGML to Make Honri-VE Electric Car in Pakistan

Govt Enforces Essential Services Act At PIA to Ensure Operational Continuity

6-Month KIBOR Drops by 18bps

OGDC Plans to Substantially Increase Oil and Gas Production in Next Few Years

Minister Says Loadshedding to Continue on Loss-Making Feeders as Country Reels Under Searing Heat

IMF Proposes Rs. 12.9 Trillion Tax Collection Target For FBR Next Fiscal Year

Rupee Remains Under Pressure Against US Dollar, AUD, British Pound

IMF Warns Pakistan’s Current Account Deficit Could Spike By $1.54 Billion Next Fiscal Year

RTO Rawalpindi Destroys Smuggled Cigarettes Worth Rs. 202 Million

National E-Commerce Council to Develop 5-Year Roadmap to Increase Digital Trade

NCCPL Rolls Out Smart Portal For Verification of Investors

Dewan Farooque Motors Resumes Commercial Production of KIA Shehzore

Govt Set to Further Enhance Security of Chinese Workers in Pakistan

IMF Urges Pakistan to End Subsidies for Exporters

Pakistan to Lose Rs. 32 Billion for Failing to Sell 5G Spectrum

SECP Unveils New Policy Framework to Boost Women’s Access to Finance in Pakistan

Gold Price in Pakistan Increases by Nearly Rs. 2,500 Per Tola

Hutchison Ports Pakistan Marks Arrival of Largest Container Vessel Ever to Berth in Pakistan

Govt Raises Rs. 501 Billion Via T-Bills, Cut-Off Yields Down by up to 60 BPS

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