News & Updates

News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Govt Invites Proposals from IT Industry for Federal Budget 2024

The Ministry of IT and Telecommunications has initiated steps to bolster the IT industry’s contributions to the national...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Gold Price in Pakistan Smashes Rs. 250,000 Barrier to Hit Record High

The price of gold in Pakistan surged past the Rs. 250,000 per tola barrier on Wednesday on its way to a new all-time hig...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

800 Companies to Participate in Pakistan’s Upcoming Flagship Tech Expo: P@SHA

Chairman of Pakistan Software Houses Association (P@SHA) Muhammad Zohaib Khan has apprised that ITCN Asia has assumed th...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Visa Issues of Pakistani Businessmen to be Resolved Soon: Uzbek Envoy

Ambassador of the Republic of Uzbekistan Oybek Arif Usmanov called on FPCCI President Atif Ikram Sheikh in Islamabad and...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

SBP Slaps Fines of Almost Rs. 750 Million on Eight Major Banks

The State Bank of Pakistan (SBP) slapped fines of Rs. 747.57 million on eight banks during the quarter ended March 31, 2...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Govt May Abolish Position of Commissioner (Appeals) in FBR to Expedite Tax Cases

The cabinet committee for disposal of legislative cases is likely to approve the abolishment of the Commissioner (Appeal...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

PBS Develops Quarterly National Accounts Dissemination and Revision Policies

Pakistan Bureau of Statistics (PBS) has developed dissemination and revision policies while elaborating a calendar to re...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Leveraging AWS Cloud Services for Business Growth in Pakistan: A Focused Approach

In Pakistan’s ever-evolving digital landscape, companies are adopting cloud computing to drive innovation and growth. Am...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

APTMA Urges Govt to Ditch Short-Term Economic Fixes and Undertake Structural Changes

The All Pakistan Textile Mills Association (APTMA) has urged Finance Minister Muhammad Aurangzeb to foster an export-cen...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

SECP Grants Registration to First-Ever Digital Insurer

The Securities and Exchange Commission of Pakistan (SECP) has registered M/s Salaam Family Takaful Limited as the first-...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Utility Stores Drastically Increase Price of Ghee

The price of ghee at utility stores has witnessed a massive increase after Eid-ul-Fitr, reliable sources confirmed to Pr...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Bank Alfalah Agrees to Sell Bangladesh Operations to Bank Asia Ltd

The Board of Directors of Bank Alfalah Limited (PSX: BAFL) has accorded its in-principle approval/acceptance of the non-...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Finance Minister Identifies Taxation, Energy and Privatization as Key Reform Areas

Finance Minister Muhammad Aurangzeb has outlined three important reform areas of taxation, energy, and privatization. Sp...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

UBL Posts 12% Rise in Profits for Q1 2024

United Bank (UBL) posted consolidated earnings of Rs. 16.1 billion during the quarter that ended on March 31, 2024, up 1...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Pakistan’s 3 Oil Refineries to Ink Upgrade Agreement With OGRA Soon

Attock Oil Refinery, National Oil Refinery, and Pakistan Oil Refinery will soon ink their upgrade agreements with the Oi...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

PSX Issues ESG Primer for Listed Companies

Pakistan Stock Exchange (PSX) has taken yet another major step in realizing its vision of ESG readiness for listed compa...

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News Update

17

Apr 2024

Apr 17, 2024 • 5 min read

Pakistan Presents $32 billion Investment Opportunity to Saudi Arabia

The Government of Pakistan on Tuesday offered 25 projects to Saudi Arabia in exchange for a $32 billion investment cover...

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News Update

16

Apr 2024

Apr 16, 2024 • 5 min read

PM Shehbaz Stresses Need to Accelerate Saudi Investments in Pakistan

Prime Minister Shehbaz Sharif on Tuesday stressed the need for Pakistan and Saudi Arabia to collaborate closely to accel...

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News Update

16

Apr 2024

Apr 16, 2024 • 5 min read

Only 4 Companies Digitally Selling Insurance in Pakistan: SECP

The Securities and Exchange Commission of Pakistan has issued a report titled “Unlocking the Potential of Micro and Incl...

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News Update

16

Apr 2024

Apr 16, 2024 • 5 min read

PTCL Says News of Telenor Acquisition Has Sparked Investor Frenzy

Pakistan Telecommunication Company Limited (PSX: PTC) has supported the growth in its stock price seen last month and at...

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News Update

16

Apr 2024

Apr 16, 2024 • 5 min read

Senator Labels Current PIA Privatization Process As Elitist, Unconstitutional

Former Chairman of the Senate Mian Raza Rabbani has strongly criticized the privatization process of Pakistan Internatio...

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