News & Updates

News Update

22

May 2024

May 22, 2024 • 5 min read

CCP Takes Notice of Dangerous Stunts in Adverts of Energy Drinks

The Competition Commission of Pakistan (CCP) has taken notice of extremely dangerous stunts performed in the TV Commerci...

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News Update

22

May 2024

May 22, 2024 • 5 min read

PM Shehbaz Orders to Elevate Status of Gems, Precious Stones Industry

Prime Minister Shehbaz Sharif demanded to give regular industry status to Pakistan’s gems and precious stones sector and...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PRBC Calls for Bringing Untaxed, Undocumented Retail Sector in Tax Net

A delegation of Pakistan Retail Business Council (PRBC) led by Chairman PRBC Ziad Bashir called on Federal Minister for...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Roshan Digital Account Inflows Fall to $171 Million in April

Foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $171 million in April 2024, compared to $18...

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News Update

21

May 2024

May 21, 2024 • 5 min read

SECP Holds Workshop to Explore Areas of Collaboration in Capital Markets Between Pakistan, China

The Securities and Exchange Commission of Pakistan (SECP) held a workshop in Karachi to explore areas of potential colla...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Pakistan’s Mobile Phone Imports Surge By 209% in 10 Months

The country imported mobile phones worth $1.462 billion during the first ten months (July-April) of the current fiscal y...

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News Update

21

May 2024

May 21, 2024 • 5 min read

CCP Approves Go Petroleum’s Exclusive Agreement for Petrol With Aramco UAE

The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product suppl...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PIA Holding Company to Start Trading At Final Closing Price of PIAA

Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the fi...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PM Shehbaz Suspends 4 Senior Food Ministry Officials Over Wheat Imports Scandal

The inquiry committee has identified those responsible for the controversial import of substandard wheat since last year...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PSX Set to Increase Stock Price Circuit Breakers From Next Week

Pakistan Stock Exchange (PSX) will gradually enhance the security-wise Circuit Breakers by 0.5 percent on a fortnightly...

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News Update

21

May 2024

May 21, 2024 • 5 min read

FBR’s Intelligence Unit Detects Big Cement Company’s Supplier Involved in Fake Invoices

The Federal Board of Revenue’s (FBR) Intelligence and Investigation Inland Revenue has detected a big Cement company’s s...

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News Update

21

May 2024

May 21, 2024 • 5 min read

myco Secures 2-Year Deal for 6 ICC Tournaments in Pakistan, Teams Up with Willow TV

Delivering on its commitment to provide high-quality live streaming of premier sports tournaments to its users with a wa...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Punjab Rural Economy in Danger, Fruit Farmers Suffer from 20% FED

The agricultural sector, already burdened by an ongoing wheat crisis, is facing additional challenges as juice and necta...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Gold Price in Pakistan Falls as International Prices Slip

The price of gold in Pakistan fell by Rs. 1,900 per tola on Tuesday to dip below the Rs. 250,000 per tola level. Accordi...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PIA Shares to be Delisted From PSX This Week

Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Ex...

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News Update

21

May 2024

May 21, 2024 • 5 min read

New IMF Loan Program Only Possible After Budget

Discussions between Pakistan’s economic team and the International Monetary Fund (IMF) Mission this week will most likel...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Pakistan’s Quarterly GDP Data Rollout An Important Step: World Bank

While the November release of quarterly national accounts represents an important step forward for economic statistics i...

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News Update

21

May 2024

May 21, 2024 • 5 min read

FBR to Devise Lab Tests of Auctioned Vehicles

Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive standing operating...

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News Update

21

May 2024

May 21, 2024 • 5 min read

PRL Advances Refinery Expansion & Upgrade Project with Strategic Meetings in China

In a significant step towards enhancing Pakistan’s refining capabilities, senior management from Pakistan Refinery Limit...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Mashreq Pakistan Selects PTCL to Expedite the Bank’s Digital Transformation Journey

Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial...

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News Update

21

May 2024

May 21, 2024 • 5 min read

Rupee Loses Further Ground Against US Dollar 2nd Consecutive Day

The Pakistani rupee (PKR) fell second day in a row against the US Dollar today after opening trade at 278 in the interba...

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