News & Updates

News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

Finance Minister to Meet IMF, World Bank, US Govt Officials Next Week

Finance Minister Muhammad Aurangzeb is set to meet with IMF Managing Director Kristalina Georgieva, the US Assistant Sec...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

Commerce Minister Rules Out Extending Ban on Onion Exports Beyond Ramazan

Commerce Minister Jam Kamal Khan said the ban on onion exports will not be extended after Ramazan after exporters reques...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

FBR Decides to Block Mobile Sims of Non-Filers Across Pakistan After Eid

The Federal Board of Revenue (FBR) has decided to launch a major crackdown against non-filers in April 2024 by blocking...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

Fauji Fertilizer Jacks Up Urea Prices Ahead of Eid

Fauji Fertilizer Company Limited (PSX: FFC) has increased urea prices by Rs. 633 per bag. According to JS Global, FFC ha...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

Gold Price in Pakistan Rise to Another High Before Eid

The price of gold in Pakistan surged to an all-time high on Tuesday after an increase of Rs. 1,900 per tola. According t...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

PSX Closes Above 70,000 For the First Time in History

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Tuesday, surpassing its previous high of 69,619 seen...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

FBR Slaps 20% Customs Duty on Cadbury Dairy Milk Ingredient

The Federal Board of Revenue (FBR) has rejected the viewpoint of a leading importer of dairy products for charging a low...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

Rupee Ends 4-Day Losing Streak Against US Dollar After Saudi News

The Pakistani rupee reversed its 4-day losing streak against the US Dollar after opening trade at 279 in the interbank m...

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News Update

09

Apr 2024

Apr 09, 2024 • 5 min read

World Bank Moderately Satisfied With $400 Million Higher Education Project in Pakistan

The World Bank (WB) has rated the implementation progress of the “Higher Education Development in Pakistan project”, of...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Branchless Banking Transactions Cross 1-Billion Mark in Single Quarter For the First Time

Branchless banking (BB) transactions have crossed the 1 billion mark in a single quarter for the first time ever, accord...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Gold Price in Pakistan Surges to Record High

The price of gold in Pakistan surged to an all-time high on Monday after an increase of Rs. 600 per tola. According to d...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Pak Suzuki Hit With a Shocking Rs. 10 Billion Loss

Pak Suzuki Motor Company Limited (PSMC) has announced a staggering loss after tax (LAT) of Rs. 10 billion in the year th...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Rupee Downfall Continues 4th Day in a Row Against US Dollar

The Pakistani rupee fell further 4th day in a row against the US Dollar after opening trade at 280 in the interbank mark...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

KuCoin Unveils GemSPACE: The Ultimate Place for Discovering and Listing Crypto Gems

KuCoin, a leading global cryptocurrency exchange, is thrilled to announce the launch of its innovative platform, GemSPAC...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Pakistan, Saudi Arabia Vow to Expedite $5 Billion Investment Package

Pakistan and Saudi Arabia have affirmed their commitment to expediting the first wave of an investment package worth $5...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

PSX Nears Historic 70,000 Mark After Hitting New High Today

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Monday, surpassing its previous high of 68,416 seen...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Japan Threatens Pakistan Due to its Car Export Policy

The Japanese government has warned that it will take Pakistan to the World Trade Organisation (WTO) over pressure on thr...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

SBP Launches BISP Sahulat Account for Over 9 Million Beneficiaries

The State Bank of Pakistan (SBP) has rolled out a facilitation framework for BISP Beneficiaries for crediting financial...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

easypaisa Embraces the Spirit of Eid with ‘eidipaisa’

easypaisa, Pakistan’s leading digital financial services platform has embraced the spirit of Eid ul Fitr, ensuring that...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Remittances Surge to 23-Month High as Overseas Pakistanis Send More Money Due to Ramadan, Eid

Remittances sent by overseas Pakistanis surged by over 30 percent to $2.95 billion in March 2024 compared to inflows of...

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News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

IFC Approves $400 Million Financing for PTCL to Buy Telenor Pakistan

The World Bank’s International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunication...

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