News & Updates

News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Mobilink Bank Launches “Center of Excellence for Women” at Arid University

Mobilink Bank, Pakistan’s leading digital microfinance bank, has reaffirmed its commitment to women’s financial inclusio...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Gold Price in Pakistan Rises Marginally

The price of gold in Pakistan posted a marginal increase on Wednesday to settle at Rs. 229,500 per tola. According to da...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

CDA Starts New Wing to Tackle Urban Expansion in Islamabad

In response to the growing challenges posed by the burgeoning private housing societies and population expansion in Isla...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Telecard Sells First Tranche of Shares in Supernet to Subsidiary

Telecard Limited (PSX: TELE) has sold the first tranche of its shareholding in Supernet Limited (PSX: GEMSPNL) to Hallma...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

FBR Imposes 20% Customs Duty on Import of Multivitamins

The Federal Board of Revenue (FBR) Wednesday imposed 20 percent customs duty on the import of multivitamins/natural heal...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

SBP Allows MCB Bank and Habib Metro to Start Currency Exchange Operations

The State Bank of Pakistan (SBP) has issued licenses to Habib Metropolitan Bank Limited (PSX: HMB) and MCB Bank Limited...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Foreign Companies Sent 13x More Profit Out of Pakistan in February 2024

Foreign companies’ repatriation of profits and dividends rose to $759 million in eight months of the financial year 2023...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Faisalabad Master Plan is Illegal According to Lahore High Court

The Lahore High Court (LHC) on Wednesday ruled against the Faisalabad Master Plan, declaring it as illegal. According to...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

FBR Asks Intelligence Bureau to Probe and Gather Data On Senior Tax Officers

The Federal Board of Revenue (FBR) has commissioned the Intelligence Bureau (IB) to gather data on Grade 19, 20, and 21...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Real Estate Prices Are Dropping in Karachi: Report

The inflation-adjusted real estate prices in the commercial capital of Pakistan, Karachi witnessed a downward trend in t...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Pakistan Braces for Water Crisis in Summer With 25% Shortage

As Pakistan gears up for the scorching summer months, there’s a looming threat that casts a shadow over the nation: a se...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

7 Foreign Investors Want PIA: Aviation Ministry

Pakistan International Airlines (PIA) has attracted the attention of seven international investors ever since being put...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Rupee Appreciates 6th Day in a Row With Small Gains Against US Dollar

The Pakistani rupee gained some ground against the US Dollar after opening trade at 278 in the interbank market. It was...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Finance Minister Summons Important Briefing from PSX

Finance Minister Muhammad Aurangzeb has summoned an important briefing from the Pakistan Stock Exchange (PSX) on Friday....

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Planning Minister Seeks Turkiye’s Assistance to Set up Export-Oriented Industries in SEZs

Ambassador of Turkiye to Pakistan Dr Mehmet Pacaci paid a courtesy visit to the Federal Minister for Planning, Developme...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Zafar Masud Elected as the New Chairman of the Pakistan Banks’ Association (PBA)

Pakistan Banks’ Association (PBA) is pleased to announce that Mr Zafar Masud, President & CEO of the Bank of Punjab (BOP...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

RDA Lodges FIR Against Illegal Housing Schemes’ Owners in Rawalpindi

In a bid to maintain order and legality within its jurisdiction, the Rawalpindi Development Authority (RDA) has filed Fi...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Punjab Chief Minister Unveils “Chief Minister Roshan Gharana” Program

Punjab Chief Minister Maryam Nawaz has decided to launch the “Chief Minister Roshan Gharana” program across the province...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

PM Summons High Level Meeting to Address Rising Smuggling Concerns

Prime Minister Shahbaz Sharif has summoned a high-level meeting today to tackle the pressing issue of smuggling, officia...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Govt to Cut Cargo Handling Charges By 50% For Exporters At Sea Ports

The government will halve wharfage charges for exporters at Karachi Port and Port Qasim to help the export sector. This...

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News Update

27

Mar 2024

Mar 27, 2024 • 5 min read

Minister Wants to Turn Pakistan Into a $100 Billion Export Economy by 2032

To expedite the effective implantation of the 5Es framework, the first Steering Committee on the 5Es framework was held...

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