News & Updates

News Update

04

Mar 2024

Mar 04, 2024 • 5 min read

2022 All-Stars Back in Power – Bigger Debt Crisis?

It gives us big relief that legislators finally managed to get the April 2022 All-Stars back in power after last month’s...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

SECP Amends VPS Framework to Allow Fully Funded Defined Contribution Pension Schemes

The Securities and Exchange Commission of Pakistan (SECP), to further broaden the scope of Voluntary Pension System (VPS...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Faysal Bank Receives Recognition at the 13th Annual CSR Summit & Awards

Faysal Bank Limited (FBL), a leading Islamic financial institution of Pakistan, won accolades at the prestigious 13th An...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Fly Jinnah Introduces Daily Non-Stop Flights Connecting Lahore to Sharjah in the UAE

Fly Jinnah, Pakistan’s low-cost carrier, announces the launch of its latest international service, connecting Lahore cit...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Infinix’s Flagship Mobile Gaming Innovation Steals the Show, Wins Multiple Best of MWC 2024 Awards

Infinix, a trendy tech brand crafted for young consumers, is thrilled to announce its selection as a winner of the Best...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

PSEB Launches Mechanism for Establishment of e-Rozgar Centers

The Pakistan Software Export Board (PSEB) has streamlined the mechanism for the establishment of e-Rozgar Centers to bol...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Trade Deficit Shrinks By Over 30% in 8 Months of FY24

Pakistan’s trade deficit narrowed down by 30.18 percent in the first eight months (July-February) of the current fiscal...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Participants Grill Organizers on Major Lapses in Renewables Energy Study on Karachi

A seminar organized by the Islamabad-based private entity, Renewables First, intended to highlight the challenges and op...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Weekly Inflation Jumps Above 32% Due to Costly Gas

The Sensitive Price Index (SPI) for the week ended on February 29, 2024 increased by 1.27 percent, says Pakistan Bureau...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Rupee Declines Against US Dollar to End the Week in Red

The Pakistani rupee depreciated against the US Dollar after opening trade at 281 in the interbank market. It was bearish...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

LTO Islamabad Refunds Rs. 2 Billion to IESCO to Avoid Contempt of Court Proceedings

On the basis of serious notice by the Islamabad High Court (IHC) against forced bank recoveries, Large Taxpayer Office (...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

PepsiCo Appoints Mohammad Khosa As CEO For Pakistan, Afghanistan

PepsiCo Pakistan has announced Mohammad Khosa as the new chief executive officer for Pakistan and Afghanistan. “Extremel...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

BankIslami Unveils Extraordinary Financial Triumph with Unprecedented Results

BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Pakistan’s Gold Jewelry Exports Completely Halted After Sudden Withdrawal of FBR Rule

Gold jewelry exports have halted since last week following the sudden withdrawal of SRO760 by the Federal Board of Reven...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Gold Price in Pakistan Posts Second Straight Increase as International Prices Rise

The price of gold in Pakistan increased for the fourth time during the current week on Friday to settle at Rs. 216,800 p...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Zong 4G Announces Free of Cost Services in Gwadar Amid Flood Calamity

In the wake of the unprecedented floods affecting people in Gwadar and interior Baluchistan, Zong 4G has announced free-...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Engro Fertilizers Announces Big Increase in Urea Prices

Engro Fertilizers Limited (PSX: EFERT) has increased urea prices by Rs. 882 per bag. According to JS Global, EFERT has i...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Pakistan’s Inflation Drops to Lowest Level in 20 Months

The Consumer Price Index (CPI) based inflation increased to 23.1 percent on a year-on-year basis in February 2024 as com...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

Pakistan to Outperform Indian Basmati Rice Exports This Year

India’s basmati rice exports are expected to fall in 2024 amid competition from Pakistan, which is offering the item at...

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News Update

01

Mar 2024

Mar 01, 2024 • 5 min read

FBR to Implement Track and Trace System in Tiles Sector

The Federal Board of Revenue (FBR) has decided to implement the Track and Trace system in the manufacturing units of the...

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News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Nayatel Forges Strategic Partnership with Aurora Solutions Private Limited

After achieving a number of milestones, one after another, Nayatel, a leading provider of innovative digital solutions,...

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