News & Updates

News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

PSL Streaming Data Transparency Reignites Gen Z Advertisers

Two years ago, journalists exposed betting websites for using surrogate advertising during the 7th and 8th seasons of Pa...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Kistpay Partners with UNDP to Drive Digital Inclusion and Sustainable Development in Arab States

Kistpay, a pioneering fintech platform dedicated to advancing global financial inclusion through innovative technology s...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Gold Price in Pakistan Continues Winning Streak With Another Increase

The price of gold in Pakistan continued its winning streak on Monday to settle at Rs. 221,200 per tola. According to dat...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Pak Rupee Declines 2nd Day in a Row Against US Dollar, Other Currencies

The Pakistani rupee depreciated against the US Dollar after opening trade at 280 in the interbank market. It was bearish...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Utility Stores Cut Prices of Items for BISP Beneficiaries Ahead of Ramazan

The Utility Stores Corporation (USC) has announced a downward revision in sale prices of a number of items for Benazir I...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Number of Bank Accounts in Pakistan Cross 177 Million

Pakistan’s banking system, including commercial and microfinance banks, branchless banking sector, and Electronic Money...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Ramazan Relief Package Starts At Utility Stores Today

The federal government will start implementing the Ramazan Relief Package worth Rs. 7.492 billion through Utility Stores...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

25% Pakistanis Below Poverty Line: World Bank

While poverty has decreased significantly over the past two decades, one-quarter of the population still lives below the...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

The 7th Edition of ‘Women of the World’ Festival Comes to a Close in Lahore

The 7th edition of the British Council’s WOW – Women of the World Festival in collaboration with Standard Chartered, Sha...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Karachi Port – Gateway to Maritime Trade for Central Asian Republics

In 2023, Pakistan signed major foreign investment agreements exceeding $3 billion. These investments aim to integrate it...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Cement Sales Decline by 19% in February

The cement despatches declined by 19.22 percent in February 2024. The total cement despatches during February 2024 were...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Govt Again Approaches IMF For Rs. 1.25 Trillion Circular Debt Settlement Plan

The federal government has once again approached the International Monetary Fund (IMF) to consider its plan for settling...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Emirates Supports Local Charity in Islamabad as Part of Its 25th Anniversary Celebrations

In its 25th year of operations in Islamabad, Emirates Airline has stepped up to support children in the local community...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Textile Exports Jump 20% in February 2024

Pakistan’s textile exports increased by 20 percent year-on-year (YoY) in February 2024 and stood at $1.41 billion compar...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

ADB Cancels $0.6 Million Grant for Gas Storage Development System in Pakistan

The Asian Development Bank has canceled a $0.6 million grant given for the gas storage development system in Pakistan. S...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

IMF Recommends 18% GST On Petrol, Food, Medicine to Raise Rs. 1.3 Trillion More

The International Monetary Fund (IMF) wants the Federal Board of Revenue (FBR) to increase the country’s tax collection...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Start Increasing Your Income with NBP Funds Today: 19.2% p.a in January 2024 in NBP Islamic Mahana Amdani Fund

Pakistan, like many other countries, faces this challenge where high petrol, electricity and cost of living is a constan...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Bitcoin Skyrockets to $65,000 — Inches Closer to All-Time High

Bitcoin in dollar terms has once again edged past the $65,000 level in incredible fashion, rising to new levels after la...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

KIBOR Falls Across-The-Board After Inflation Hits Lowest Level Since June 2022

The Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, has fallen across the...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Coach360 Launches EdTech Platform to Empower Youth

Coach360, a platform for mentoring and counseling young talent, has launched Skills360, one of the first privately owned...

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News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

Kashif Manzoor Appointed as CEO at Confiz to Accelerate Innovation and Growth 

Confiz, a leading professional services company, announced today the appointment of Kashif Manzoor as its new chief exec...

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