News & Updates

News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

World Bank Downgrades Rating of $200 Million Investment Project in Khyber Pakhtunkhwa

The World Bank has downgraded the performance of the Khyber-Pakhtunkhwa Human Capital Investment Project (KPHCIP) worth...

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News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

Here Are Highest Paid CEOs in Pakistan’s Banking Sector

Despite challenges to the national economy and business climate, commercial banks in Pakistan continued to expand their...

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News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

Gold Price in Pakistan Registers Decrease at Start of New Week

The price of gold in Pakistan fell by Rs. 600 per tola to settle at Rs. 226,900 on Monday. According to data issued by t...

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News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

PM Appoints Awais Leghari As Power Minister

Prime Minister Shehbaz Sharif has appointed Awais Leghari as the new Federal Minister for Power. “The Prime Minister, in...

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News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

SECP Issues Advertisement and Call Center Management Guidelines for Digital Lenders

The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to NBFCs involved in digital lending to...

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News Update

18

Mar 2024

Mar 18, 2024 • 5 min read

President Zardari Announces Rewards For Tax Filers

The President of Pakistan has ordered that filers of income tax returns manually would now be able to enjoy all the tax...

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News Update

17

Mar 2024

Mar 17, 2024 • 5 min read

IMF Talks Enter Final Day With Good News Imminent

Discussions will conclude on March 18 between Pakistan and the International Monetary Fund (IMF) for the final review of...

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News Update

16

Mar 2024

Mar 16, 2024 • 5 min read

CDA Expands Property Tax to All Areas of Islamabad

The Capital Development Authority (CDA) has announced a significant overhaul in property tax rates across the entirety o...

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News Update

16

Mar 2024

Mar 16, 2024 • 5 min read

Pakistan Assures IMF to Further Increase Electricity Prices

Pakistan has pledged to the International Monetary Fund (IMF) to implement timely increases in electricity prices, inclu...

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News Update

16

Mar 2024

Mar 16, 2024 • 5 min read

Shell Pakistan Launches Shell Lubricant Solutions to Meet Industrial Needs as an End-to-End Lubricant Solutions Supplier

Shell, the leading global supplier of finished lubricants for 17 consecutive years, has launched Shell Lubricant Solutio...

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News Update

16

Mar 2024

Mar 16, 2024 • 5 min read

CM Punjab Announces Overseas Pakistani Property Transfer Service

Chief Minister Punjab Maryam Nawaz Sharif has announced the Overseas Pakistani Property Transfer Service. The Chief Mini...

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News Update

16

Mar 2024

Mar 16, 2024 • 5 min read

Pakistan’s Zia Ul Mustafa Awan Appointed to CAPA’s Advisory Group

The Public Sector Advisory Group (PSAG) of the Confederation of Asia Pacific Accountants (CAPA) has appointed Zia ul Mus...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

CDA Chairman Suspends 18 Employees Over Rs. 7 Billion Corruption Scandal

The Federal Investigation Agency (FIA) continues its inquiry into alleged corruption within the Capital Development Auth...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

Will Directly Subsidize Fertilizers to Support Farmers: Energy Minister

Energy Minister Dr. Musadik Malik said the government will directly subsidize fertilizers to support farmers instead of...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

To Cut or Not to Cut — Our State Bank Looks More Scared Of IMF Than Economic Pressure

The spotlight is once again on the State Bank of Pakistan (SBP) as all of us speculate about Monday’s Monetary Policy Co...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

FBR Directs Chartered Accountant Firms to Recover Taxes From Real Estate Developers

The Federal Board of Revenue (FBR) on Thursday notified Chartered Accountant firms having an ICAP-QCR rating of satisfac...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

Pakistan’s Petroleum Imports Slump 11% in 8 Months of FY24

Petroleum group imports witnessed a negative growth of 10.93 percent during the first eight months (July-February) of th...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

Engro Polymer Appoints Abdul Qayoon As CEO

The Board of Engro Polymer & Chemicals Limited (PSX: EPCL) has approved the appointment of Abdul Qayoom as the Chief Exe...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

Weekly Inflation Surges Due to Costly Food Prices

The Sensitive Price Index (SPI) for the week ended on March 14, 2024 increased by 1.35 percent mainly due to increase in...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

SECP Proposes Amendments to Companies Regulations to Prevent Fraudulent Filing of Returns

The Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to Regulation 50 of the Companies...

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News Update

15

Mar 2024

Mar 15, 2024 • 5 min read

World Bank Satisfied With $400 Million Crisis-Resilient Social Protection Program in Pakistan

The World Bank (WB) has rated the overall implementation progress of the “Pakistan Crisis-Resilient Social Protection”,...

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