News & Updates

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Pakistan Sovereign Wealth Fund Has Created Governance and Public Financial Management Challenges: WB

The World Bank said that the formation of the Pakistan Sovereign Wealth Fund (SWF), valued at about $8 billion, creates...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

PSX Hits New All-Time High of 67,800 On PIA News, T-Bill Investment

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Wednesday, surpassing its previous high of 67,246 se...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Digital Platforms Score Big in Cricket Viewership Ahead of ICC T20 World Cup 2024

The landscape of sports viewership has undergone a significant transformation in recent years, particularly in cricket,...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

PM Forms Committee to Ascertain Delays in Implementation of Track and Trace System

The Prime Minister’s office, on the instructions of the prime minister, has constituted a five-member committee to ascer...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

PRL Set to Double Refining Capacity And Produce EURO V Standard Fuel

Pakistan Refinery Limited (PRL) is all set to sign a supplemental agreement with the Oil and Gas Regulatory Authority (O...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

ZTE Expands Its Horizons in Pakistan with the Introduction of Budget-Friendly Blade Series

ZTE, a global leader in 5G innovation, proudly announces the inauguration of its state-of-the-art mobile phone assembly...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Mills Want to Export Expensive Sugar to Alleviate Market Pressure

The Pakistan Sugar Mills Association (PSMA) has asked the Commerce Ministry to allow the export of expensively produced...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Zong 4G Partners with Dahua Technologies to Offer Security and Surveillance Solutions to Corporate Sector

Zong 4G, Pakistan’s premier telecommunications organization, has embarked on a groundbreaking journey by forging a Gold...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Rupee is Killing It – But Here’s Why It Could Be Misleading

The Pakistani Rupee (PKR) has been slowly recovering but at a price. The real effective exchange rate (REER) measures th...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Govt Wants PIA Bidders to Be Worth At Least Rs. 30 Billion

The federal government has approved the eligibility criteria for potential buyers of Pakistan International Airlines (PI...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Finance Minister Doesn’t See Any Pressure on Rupee For Next 6 Months

Federal Minister for Finance and Revenue Muhammad Aurangzeb expressed optimism about the stability of the Pakistani rupe...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Saudi Arabia Likely to Invest $1 Billion in Reko Diq

The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine, high-level sources...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Rupee Ends 10 Day Win Streak Against US Dollar, Other Currencies

The Pakistani rupee ended its 10-day winning streak against the US Dollar after opening trade at 279 in the interbank ma...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Pakistan Seeks Technology Transfer in Agri Sector from Netherlands

Ambassador of the Kingdom of the Netherlands to Pakistan Henny Fokel de Vries Wednesday called on Finance Minister Muham...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Bank Alfalah and Indus Hospital Partner to Establish a Primary Healthcare Facility in Flood-Hit Sindh

Bank Alfalah, a leading commercial bank in Pakistan, has signed a Memorandum of Understanding with Indus Hospital & Heal...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Utility Stores Employees to Get “Additional Salary” Ahead of Eid

The employees of the Utility Stores Corporation (USC) are set to receive an honorarium ahead of Eid-ul-Fitr. According t...

Read Full Article

News Update

03

Apr 2024

Apr 03, 2024 • 5 min read

Pakistani Startups Fail to Raise A Single Dollar in First Quarter of 2024

Pakistani startups failed to raise a single dollar in the first three months of calendar year 2024 amid investors’ cauti...

Read Full Article

News Update

02

Apr 2024

Apr 02, 2024 • 5 min read

Gold Price in Pakistan Dips Slightly But Remains Near All-Time High

The price of gold in Pakistan dipped slightly on Tuesday but remained above Rs. 237,000 per tola. According to data issu...

Read Full Article

News Update

02

Apr 2024

Apr 02, 2024 • 5 min read

Short-Sighted Policies: IMF Urges High Taxation on Already Heavily Taxed Tobacco Sectors

The recent recommendation by the International Monetary Fund (IMF) to impose higher taxes on the already heavily taxed t...

Read Full Article

News Update

02

Apr 2024

Apr 02, 2024 • 5 min read

SNGPL Disconnects 440 Unauthorized Connections Linked to 4.5 Kilometer Illegal Pipeline

Sui Northern Gas Pipelines Limited (SNGPL) intensified its efforts to combat gas theft in the Lower Dir district on Mond...

Read Full Article

News Update

02

Apr 2024

Apr 02, 2024 • 5 min read

PIA Shares Restructuring Plan Ahead of Shareholder Meeting

Pakistan International Airlines Corp Limited (PIAA) has revealed plans for restructuring and its shareholders will vote...

Read Full Article