News & Updates

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Ufone 4G Provides Free Calls in Gwadar to Help Connect Flood-Affected Families, Facilitate Rescue & Relief Operations

As Gwadar faces a large-scale natural disaster caused by catastrophic rains and flash floods, Pakistani telecom company...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

FBR Directs Field Formations to Start Charging Tax on Immoveable Properties in Punjab

The Federal Board of Revenue has directed field formations to apply provisions of 7E (tax on deemed income basis) for pr...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Caretakers Increase Price of Petrol Once Again

The caretaker federal government has once again increased the price of petrol, the third increase in less than a month....

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Mortgage Rate Highest in Pakistan Among South Asian Countries

Pakistan’s mortgage rates stand notably high at around 24 percent, marking the highest among its South Asian counterpart...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Paklaunch Unconference Set to Take Place in Riyadh on March 3

Paklaunch, a global platform dedicated to fostering innovation and entrepreneurship within the Pakistani startup ecosyst...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

PUBG MOBILE Takes Flight With Bou Kata! Kite Festival

PUBG MOBILE, one of the world’s most popular mobile games, continues its tradition of commemorating Pakistan’s cultural...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Govt Urged to Address Gas Price Disparity in Fertilizer Sector

The government should take action against the ongoing price disparity among fertilizer manufacturers to stabilize urea p...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Govt Expects Inflation to Ease to 23.5-24.5% in March

The Ministry of Finance has projected inflation to hover around 24.5-25.5 percent in February 2024, with expectations of...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

The New TECNO SPARK 20 Pro+ Becomes the Hottest Seller of the Year

TECNO Pakistan’s recent addition, SPARK 20 Pro+, has become the hottest-selling smartphone of the year. This powerful mi...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Invest2Innovate Launches i2i Ecosystem to Address Critical Gaps in the Startup Landscape

Invest2Innovate (i2i), a trailblazer in the Pakistani entrepreneurial ecosystem, hosted a launch event for its latest in...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

US Advises Pakistan to Keep Working With IMF

The United States has urged Pakistan to continue working with the International Monetary Fund and other international fi...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Ishaq Dar Will Return as Finance Minister: Senator

Senator Irfan Siddiqui, known for his close association with former Prime Minister Nawaz Sharif, claimed that Senator Is...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

New Govt Likely to Reach Early IMF Agreement to Make Tough Decisions

The Caretaker government has proposed to the new government to reach an early agreement with the IMF staff on a new medi...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

SECP Seeks Comments on Report About Conduct of Shareholder Meetings

The Securities and Exchange Commission of Pakistan (SECP) constituted a Committee of experts for a comprehensive review...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Gold Price in Pakistan Increases for Third Time This Week

The price of gold in Pakistan registered an increase of Rs. 900 per tola on Thursday to settle at Rs. 215,700. According...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

JS Bank Records Consolidated Profit of PKR 18.3 Billion in 2023

JS Bank announces its financial performance for the year 2023. Owing to its customer-first approach, JS Bank achieved re...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

SBP Reserves Fall Below $8 Billion Mark

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $63 million on a weekly basis according t...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

SBP Revises Reporting Schedule For Bank Exchange Rates

The State Bank of Pakistan (SBP) has revised the reporting schedule for floating exchange rates. The regulator said in a...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

The Bank of Punjab Clinches “Best SME Bank in Pakistan” Title at Global SME Banking Innovation Awards 2024 by The Digital Banker

The Bank of Punjab is thrilled to receive the prestigious title of “The Best SME Bank in Pakistan” during the Global SME...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

FBR Misses February’s Tax Collection Target by Rs. 33 Billion

The Federal Board of Revenue (FBR) has missed the tax collection target for February and suffered a shortfall of Rs. 33...

Read Full Article

News Update

29

Feb 2024

Feb 29, 2024 • 5 min read

Govt to Take Up 2 Mega Motorway Projects Next Fiscal Year

The government will take two mega road projects – Sukkur-Hyderabad Motorway and Kharian-Rawalpindi Motorway on priority...

Read Full Article