News & Updates

News Update

27

May 2024

May 27, 2024 • 5 min read

Gold Price in Pakistan Goes Up After Massive Losses Last Week

The price of gold in Pakistan rose by Rs. 800 per tola on Monday after falling by over Rs. 8,000 per tola last week. Acc...

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News Update

27

May 2024

May 27, 2024 • 5 min read

ECC Allows SNGPL-Based Fertilizer Plants to Operate Till Sep 30 to Ensure Urea Supply

Federal Minister for Finance Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Ca...

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News Update

27

May 2024

May 27, 2024 • 5 min read

FBR Likely to Increase Service Charges on POS Invoices From July 2024

The Federal Board of Revenue (FBR) has proposed to increase the fee on invoices at the Point of Sale (POS) systems from...

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News Update

25

May 2024

May 25, 2024 • 5 min read

HBL Holds “Global Markets Outlook 2024” Seminars Across Pakistan to Provide Economic Insights

HBL, Pakistan’s leading Bank, held “Global Markets Outlook 2024” seminars in Karachi, Lahore, and Islamabad to provide s...

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News Update

25

May 2024

May 25, 2024 • 5 min read

OGDCL Collaborates with IPRI for Endowment Chair Economic Security

Oil and Gas Development Company Limited (OGDCL) on Friday entered into a collaboration with Islamabad Policy Research In...

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News Update

25

May 2024

May 25, 2024 • 5 min read

State Bank to Introduce QR Codes to Help Purchase Eid Animals

The State Bank of Pakistan is expected to introduce a QR code system under the Raast instant payment service for the pur...

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News Update

25

May 2024

May 25, 2024 • 5 min read

KE’s Privatization Saved PKR 900bn to Consumers & Government: World Bank

Focused on addressing Pakistan’s persistent fiscal deficits and economic challenges, the World Bank has released the Pak...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Govt Likely to Withdraw Majority of Sales Tax Exemptions in Upcoming Budget

The government is likely to slap a standard rate of 18 percent sales tax on most of the sales tax-exempted goods and sal...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Govt Plans to Unveil A Record 13th 5-Year Economic Plan in Federal Budget 2024-25

The federal government is preparing to launch a comprehensive five-year plan aimed at achieving significant economic goa...

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News Update

24

May 2024

May 24, 2024 • 5 min read

IT Minister Approves Release of Rs. 4.7 Billion Funds For USF

Minister of State for IT and Telecommunication Shaza Fatima Khawaja chaired the 49th Universal Service Fund (USF) Policy...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Here’s How Non-Filers Can Get Blocked SIMs Restored After Filing Returns

The mobile SIMs blocked by the Federal Board of revenue (FBR) will be restored by the concerned Commissioner Inland Reve...

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News Update

24

May 2024

May 24, 2024 • 5 min read

PPL Enters JV With Degan Exploration Works For Mineral Exploration in Balochistan

Pakistan Petroleum Limited (PSX: PPL) is expanding its mining portfolio by entering into a Joint Venture Agreement (JVA)...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Khyber Pakhtunkhwa Assembly Unveils FY25 Budget Before Center

Khyber Pakhtunkhwa Minister for Finance Aftab Alam presented a Rs. 1,754 billion annual budget for the fiscal year 2024-...

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News Update

24

May 2024

May 24, 2024 • 5 min read

DC Islamabad Gives 1 Week Deadline to Housing Societies to Pay Stamp Duty and Other Taxes

The district administration of Islamabad has directed housing societies to furnish details of stamp and other government...

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News Update

24

May 2024

May 24, 2024 • 5 min read

APTTA-Registered Transporters Cannot Access Seaports, Third-Country Crossing Points: FBR

The transport operators registered for bilateral trade under the Afghanistan-Pakistan Transit Trade Agreement (APTTA) sh...

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News Update

24

May 2024

May 24, 2024 • 5 min read

How This Duo Turned Their Amazon Side Hustle into a $20 Million Venture

In the world of entrepreneurship, many success stories begin as side hustles nurtured during late nights and weekends. S...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Punjab Govt to Assist CCP’s Investigation into Deceptive Marketing by Housing Schemes

The Punjab Government will provide updated information about the housing schemes in Punjab to the Competition Commission...

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News Update

24

May 2024

May 24, 2024 • 5 min read

TPL Tracker Agrees to Sell Large Stake in Middle East Subsidiary to UAE’s Gargash Group

The Board of Directors of TPL Trakker Limited (PSX: TPLT) has authorized the Company to approve the fresh equity injecti...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Gold Price in Pakistan Falls Again as Four-Day Losses Cross Rs. 10,000 Per Tola

The price of gold in Pakistan fell for the fourth straight day on Friday to close at Rs. 240,200 per tola. According to...

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News Update

24

May 2024

May 24, 2024 • 5 min read

PM Invites China’s MCC Tongsin Resources to Invest in Pakistan’s Mining Sector

Prime Minister Shehbaz Sharif has extended an invitation to Chinese reseah and investment enterprise MCC Tongsin Resourc...

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News Update

24

May 2024

May 24, 2024 • 5 min read

Rupee Rises 2nd Day in a Row Against Every Major Currency After IMF Mission’s Departure

The Pakistani rupee (PKR) rose 2nd day in a row against the US Dollar today after opening trade at 278 in the interbank...

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