News & Updates

News Update

08

May 2024

May 08, 2024 • 5 min read

IMF Wants Pakistan to Increase Tax Burden on Salaried Class

The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/n...

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News Update

08

May 2024

May 08, 2024 • 5 min read

SECP Organizes Workshop on Capital Markets Surveillance

The Securities and Exchange Commission of Pakistan’s (SECP)Centralized Gateway Portal (CGP), for retail investors, has s...

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News Update

08

May 2024

May 08, 2024 • 5 min read

IPAK Book Building Starts Today

International Packaging Films Limited IPO’s book building phase will be held on May 08 and 09, 2024 where high net worth...

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News Update

08

May 2024

May 08, 2024 • 5 min read

Gold Price in Pakistan Registers Second Straight Drop

The price of gold in Pakistan fell for the second consecutive day on Wednesday to settle at Rs. 239,200 per tola. Accord...

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News Update

08

May 2024

May 08, 2024 • 5 min read

Dubai Islamic Bank Inks Agreement to Join International Finance Corporation’s Trade Program

Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Co...

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News Update

08

May 2024

May 08, 2024 • 5 min read

Shell Pakistan Announces Profit for Q1 2024

The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company...

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News Update

08

May 2024

May 08, 2024 • 5 min read

WorldCall’s Holding Company Commences Trading on NASDAQ

Worldcall Telecom Limited (PSX: WTL) has been informed by Worldcall Services (Private) Limited (WSL) that GlobalTech Cor...

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News Update

08

May 2024

May 08, 2024 • 5 min read

FBR Notifies Jurisdiction/Limits of Customs Terminals At Torkham And Chaman Borders

The Federal Board of Revenue (FBR) has informed importers/exporters about the jurisdiction and limits of “Customs House,...

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News Update

08

May 2024

May 08, 2024 • 5 min read

World Bank’s Vice President for South Asia Calls on PM With Country Partnership Framework on Agenda

Martin Raiser, Regional Vice President of World Bank for South Asia along with a delegation including Country Representa...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Gold Price in Pakistan Falls Again After Rebounding Yesterday

The price of gold in Pakistan fell by Rs. 500 per tola on Tuesday to settle at Rs. 240,000. According to data issued by...

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News Update

07

May 2024

May 07, 2024 • 5 min read

FBR, Telcos Fail to Resolve SIM Blockage Issue

Talks between the Federal Board of Revenue (FBR) and mobile companies have failed to reach a consensus on the issue of b...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Pak Rupee Suddenly Rises Against US Dollar, British Pound, AUD

The Pakistani rupee reversed yesterday’s losses against the US Dollar today after opening trade at 278 in the interbank...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Pakistan Seeks $8 Billion Funding From World Bank in Next 4 Years

Pakistan has commenced discussions with the World Bank (WB) for a $8 billion Country Partnership Strategy (CPS) policy f...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Finance Minister to Chair Important ECC Meeting Today

Finance Minister Muhammad Aurangzeb has convened a meeting of the Economic Coordination Committee (ECC) of the Cabinet w...

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News Update

07

May 2024

May 07, 2024 • 5 min read

ECC Increases Wheat Procurement Target for PASSCO

The Economic Coordination Committee (ECC) of the cabinet Tuesday gave approval to increase the wheat procurement target...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Pakistan, Kazakhstan to Boost Ties in IT & Telecom Sector

Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin called on Minister of State for IT and Telecommunication Shaza Fat...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Pension is A ‘Big Liability’, Tax-to-GDP Will Rise to 14% in 4 Years: Aurangzeb

Pakistan’s tax-to-GDP ratio will be increased to 13-14 percent in the next four years but pensions remain a ‘big liabili...

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News Update

07

May 2024

May 07, 2024 • 5 min read

SECP Allows Offering of Tailored Pension Allocation Schemes

The Securities and Exchange Commission of Pakistan (SECP) has introduced an enabling framework for tailored pension allo...

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News Update

07

May 2024

May 07, 2024 • 5 min read

SECP Proposes Enhanced Disclosures for Shariah Stock Screening of Listed Companies

The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Fourth Schedule of the Companie...

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News Update

07

May 2024

May 07, 2024 • 5 min read

Govt Plans to Withdraw Tax Exemptions For FATA/PATA Areas

The federal government is planning to withdraw sales and income tax exemptions for FATA/PATA areas. Sources told ProPaki...

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News Update

07

May 2024

May 07, 2024 • 5 min read

vivo Y100 is Now Available in Pakistan with Color Changing Design & 80W FlashCharge

The future of smartphone innovation has arrived with the first sale of vivo Y100, now available for purchase across Paki...

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