News & Updates

News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Pakistan, IMF Start Second Review for Release of Final $1.1 Billion Loan Tranche

Pakistan and the International Monetary Fund (IMF) Thursday kicked off the second and last review of Pakistan’s $3 billi...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

IT Ministry to Reintroduce Mobile Phone Installment Program

The Ministry of IT and Telecom has decided to present the mobile phone financing policy before the newly appointed Minis...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Pakistani TV Channel Talon News Shuts Down Amidst Industry Challenges

Karachi-based Talon News has announced that it is shutting down due to insurmountable challenges and an untenable busine...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Babar Azam Continues Partnership with vivo for Upcoming Launch of V30 5G Smartphone

vivo, a globally recognized technology brand, has officially announced the continuation of its partnership with Babar Az...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Empowering Women at Haier: Celebrating Women’s Day with Empowerment and Recognition

This Women’s Day, building on the theme on women’s day “Investing in Women: Accelerate Progress”, Haier set a vibrant ex...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Planning Ministry Ramps up Efforts to Implement 5Es Framework

The Planning Ministry has geared up efforts to implement the 5Es framework, a multi-pronged strategy to turn around Paki...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

SBP Adds Two Banks in POS Acquiring System

The State Bank of Pakistan (SBP) has added two banks into the Point-of-Sale (POS) acquiring business, namely The Bank of...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Pakistan Seeks $250 Million Additional Financing From World Bank

Due to the success of the Crisis Resilient Social Protection (CRISP) program and the improved delivery capabilities of t...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

PSX Gains Over 1,000 Points Amid IMF Talks

The Pakistan Stock Exchange (PSX) rallied in today’s vibrant trading session with a 1,000-point gain on the commencement...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Kashf Foundation Celebrates Female Entrepreneurs at the 2024 Kashf Women Entrepreneurship Awards

The Kashf Women Entrepreneurship Awards 2024, an event organized by the Kashf Foundation to acknowledge and celebrate th...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

France Expresses Interest in Investing in Pakistan’s Energy Sector

The French Deputy Head of Mission Guillaume Dabouis called on the newly appointed Minister of Energy Dr Musadik Malik to...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

IMF Wants Pakistan to Increase Tax on Salaried People and Petroleum Products

The International Monetary Fund (IMF) and the Federal Board of Revenue (FBR) started the first round of talks on Thursda...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

SBP Reserves Remain Below $8 Billion Despite Slight Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $17 million on a weekly basis according t...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

New Finance Minister Wants Permanent Macroeconomic Stability in Pakistan

Finance Minister Muhammad Aurangzeb wants permanent macroeconomic stability in Pakistan. Talking to Geo News on Wednesda...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Rupee Stable Against US Dollar Amid IMF Talks

The Pakistani rupee gained slightly against the US Dollar after opening trade at 279 in the interbank market. It was lar...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Govt Unlikely to Share Any Good News on Petrol Price Tomorrow

The federal government is likely to keep petroleum prices unchanged during the holy month of Ramadan. The exchange rate...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

SECP Amends Companies Further Issue of Shares Regulations

The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments to the Companies (Further Issue of S...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

CCP Approves Acquisition of Advans Microfinance Bank by Dutch Company

The Competition Commission of Pakistan (CCP) has approved the acquisition of Advans Pakistan Microfinance Bank Limited b...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Gold Price in Pakistan Increases Slightly After Consecutive Drops

The price of gold in Pakistan rose marginally on Thursday to settle at Rs. 228,550 per tola. According to data issued by...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

IMF Demands Pakistan to End Cheap Gas Supply to Fertilizer Companies

The International Monetary Fund (IMF) Mission has expressed concerns over Pakistan’s supply of cheap gas to fertilizer p...

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News Update

14

Mar 2024

Mar 14, 2024 • 5 min read

Govt to Prioritize Privatization of PIA: Aviation Minister

Federal Minister for Aviation Khawaja Asif has said that the privatization of PIA would be a priority of this government...

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