News & Updates

News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

ADB Rates Public-Private Partnership Project in Pakistan As Successful

The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical assistance for “Paki...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Waqar Zaka Made Rs. 1.2 Crore Profit On a Live Stream During Bitcoin Crash

The cryptocurrency world can be volatile and unpredictable, but Waqar Zaka, a Pakistani influencer and crypto financial...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Govt Announces Increase in Prices of Petrol and Diesel

The federal government has announced an increase in the prices of petroleum products. According to a notification issued...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

PM Shehbaz Demands Urgent Adoption of Renewable Energy For Power Generation

Prime Minister Shehbaz Sharif on Monday demanded urgent adoption of renewable energy for power generation. foreseeing lo...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Leaked Pak Suzuki Data Allegedly Up For Sale On Dark Web

A threat actor has allegedly auctioned off corporate data belonging to Pak Suzuki Motor Company Limited (PSX: PSMC) for...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

British Investment Group, One Homes, Expected to Launch Second Development at Cedar Hills: $35 Million Investment

Following the success of AMAYA Residences which sold out in record-breaking time, One Homes is expected to launch anothe...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

EFU Life to Combine With Health Insurance Subsidiary Next Month

EFU Life Assurance Limited (PSX: EFUL) has decided to combine with its health insurance subsidiary with effect from May...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

PSX to Switch Regular Market Symbols to One Share Lot

The Pakistan Stock Exchange (PSX) has notified investors that all regular market symbols which are currently traded in l...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

High-Level Saudi Delegation to Visit Pakistan Today to Discuss Reko Diq, Other Investments

A high-level Saudi delegation, led by Foreign Minister Faisal bin Farhan bin Abdullah, will visit Pakistan from 15 to 16...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Visit of the Saudi Delegation A Milestone for Pakistan’s Economy: FPCCI

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Atif Ikram Shaikh termed the visit of the...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

FBR Revises Customs Value On Import of Submersible Motors

Directorate General of Customs Valuation Karachi has taken steps to control under-invoicing on the import of “Submersibl...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

International Suppliers Can Now Register Offices in Pakistan For Crude Oil Trade

The Federal Board of Revenue (FBR) on Monday issued a new procedure for international oil suppliers for the import of cr...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

FBR Extends Deadline For Filing Sales Tax Returns

The Federal Board of Revenue (FBR) has extended the last date for filing of Sales Tax and Federal Excise Return for the...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Refineries Demand An End to Smuggled Iranian Oil to Proceed With $6 Billion Upgrade Plan

Pakistan’s local refineries have demanded an end to the smuggling of petroleum products from Iran in order to proceed wi...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Gold Price in Pakistan Looks Set to Breach Rs. 250,000 Per Tola Mark

The price of gold in Pakistan started the new week with an increase of Rs. 800 per tola on Monday. According to data iss...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Petrol, Diesel Prices Likely to Increase Tonight

MS petrol and High-Speed Diesel (HSD) prices are expected to rise sharply today despite the international oil market’s n...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

SBP Reserves Likely to Witness Huge Decline Due to Bond Repayment

The foreign exchange reserves held by the State Bank of Pakistan (SBP) remained stable on a weekly basis according to da...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

PM Urges Shift Towards Renewable Energy to Cut Oil Import Bill

Prime Minister Shehbaz Sharif Monday directed the energy ministry to maximize the utilization of renewable energy resour...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Washington: Pakistan Seeks Bigger Loan And More Funds For Climate Change From IMF

The Ministry of Finance has prepared the return document for a new and much larger loan program from the International M...

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News Update

15

Apr 2024

Apr 15, 2024 • 5 min read

Post-Eid: Pak Rupee in Red Against US Dollar After Iran Punishes Israel

The Pakistani rupee reversed last week’s gains against the US Dollar after opening trade at 279 in the interbank market....

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News Update

13

Apr 2024

Apr 13, 2024 • 5 min read

Pakistan Successfully Clears $1 Billion International Bond Payment: SBP

On Saturday, the State Bank of Pakistan (SBP) announced that the country had fully repaid a $1 billion international bon...

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