News & Updates

News Update

11

May 2024

May 11, 2024 • 5 min read

Pakistan Met All Financial Targets Under IMF’s Stand-By Agreement

The Pakistani authorities’ overall performance against end-December quantitative performance criteria (QPCs), Indicative...

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News Update

11

May 2024

May 11, 2024 • 5 min read

12 Beauty Product Companies Caught Using Misleading Marketing

The Competition Commission of Pakistan (CCP) has taken notice of deceptive marketing by several beauty products manufact...

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News Update

11

May 2024

May 11, 2024 • 5 min read

Pakistan Needs Aggressive Trade Agreements and FTAs to Increase Exports: Dawlance CEO

The government of Pakistan needs to negotiate bilateral agreements effectively as well as Free Trade Agreements (FTAs) t...

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News Update

11

May 2024

May 11, 2024 • 5 min read

SIFC Requires Safeguards to Bring More Investments into Pakistan: IMF Report

The Special Investment Facilitation Council (SIFC), aimed at attracting and facilitating investment in Pakistan, require...

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News Update

11

May 2024

May 11, 2024 • 5 min read

Sky 9 Developers Introduces Best Western, the First International Branded Hotel in Islamabad Zone 5

Sky 9 Developers, a pioneering name in Pakistan’s real estate and hospitality sector, proudly announces the inauguration...

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News Update

11

May 2024

May 11, 2024 • 5 min read

NEPRA Orders Uninterrupted Power Supply During Exams

The National Electric Power Regulatory Authority (NEPRA) has ordered all power distribution companies to guarantee “unin...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Soneri Bank Joins Forces with NayaPay as One of Its Partner Banks

Soneri Bank, one of Pakistan’s prominent banking institutions, and NayaPay, a leading fintech platform, are excited to a...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Govt Threatens to Take PTA, Telcos to Court For Refusing to Block SIMs

The Federal Board of Revenue (FBR) is considering legal action against the Pakistan Telecommunication Authority (PTA) an...

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News Update

10

May 2024

May 10, 2024 • 5 min read

PM Shehbaz Orders to Create New Deletion Policy for Pakistani Auto Sector

Prime Minister Shahbaz Sharif on Friday chaired a review meeting on the trade sector and stressed urgent measures to enh...

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News Update

10

May 2024

May 10, 2024 • 5 min read

IMF Lowers Pakistan’s External Financing Estimate for FY25 to $21 Billion

The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing needs to $21.044...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Solar Panel Prices in Pakistan Suddenly Drop by Half

Solar panel prices in Pakistan have suddenly dropped to Rs. 37 per Watt, more than half compared to Rs. 80 per Watt in 2...

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News Update

10

May 2024

May 10, 2024 • 5 min read

FPCCI to Facilitate Tapping Into Ethiopian Export Market

Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI fully supports the Ministry of Commerce and TDAP’s Look Afri...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Finance Minister Chairs Kickoff Meeting on FBR’s Digitalization

A high-level meeting was held at the Federal Board of Revenue (FBR) Headquarters, following the signing of the contract...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Aurangzeb Commits to Green Investment Initiatives in Pakistan

Federal Minister for Finance and Revenue Muhammad Aurangzeb delivered a keynote speech via an online platform at the UK-...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Govt Likely to Levy Sales Tax on Tractors, Pesticides in Upcoming Budget

The federal government is likely to withdraw sales tax exemptions on tractors as well as pesticides during the upcoming...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Pak Rupee Posts Small Gains Against US Dollar But Crashes Against GBP, AUD, Euro

The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Lucky Core Industries to Buy Pfizer Plant in Karachi

The Board of Directors of Lucky Core Industries Limited (PSX: LCI) has approved the purchase of a manufacturing facility...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Founder of Skywise Airline Joins PIA Bidding Process

Uprise Group has joined the bidding process for buying Pakistan International Airlines (PIA). The company is led by Taba...

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News Update

10

May 2024

May 10, 2024 • 5 min read

PM Shehbaz Directs BOI to Facilitate More Investments and Business Growth in Pakistan

Prime Minister Muhammad Shahbaz Sharif has directed the Board of Investment (BOI) to enhance facilities for investment a...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Gold Price in Pakistan Soars by Over Rs. 4,500 Per Tola

The price of gold in Pakistan posted an increase of over Rs. 4,500 per tola on Friday as international prices rose on ho...

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News Update

10

May 2024

May 10, 2024 • 5 min read

Telcos Agree to Block SIMs of Non-Filers

Telecom operators have agreed with the Federal Board of Revenue (FBR) to initiate the manual blocking process of SIMs in...

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