News & Updates

News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Gold Price in Pakistan Rises for Fourth Time This Week

The price of gold in Pakistan posted its fourth increase during the current week on Friday to settle at Rs. 217,700 per...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

HBL Sets Industry Benchmark with Over Rs 2bn Worth of Financing for Solar-Powered Tubewells

HBL, the Best Bank in Agriculture Financing leads with over Rs 2 billion in financing for solar-powered tubewells, thus,...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

SECP Amends Listed Companies’ Takeovers Regulations, 2017

The Securities and Exchange Commission of Pakistan (SECP), through a notification dated January 24, 2024, has introduced...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Privatization Commission Signs Agreement for Development of Roosevelt Hotel

The Privatization Commission (PC) has signed a Financial Advisory Services Agreement (FASA) with Jones Lang LaSalle Amer...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Cement Sales Decline by Almost 15% During January 2024

Cement despatches declined by 14.79 percent in January 2024 with the total despatches standing at 3.414 million tons aga...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Petroleum Sales Fall by 4% In First Month of 2024

Petroleum sales during January 2024 clocked in at 1.38 million tons, depicting a decline of 4 percent YoY. According to...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

SECP Issues Standards for Islamic Financial Institutions

All Islamic financial institutions (IFIs) including entities offering Islamic financial services would comply with all r...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

These Are the Amendments in 2012 Petroleum Policy For Enhancing Oil and Gas Exploration

Two summaries for Amendments in Petroleum Policy 2012 were placed before a meeting of the Council of Common Interests on...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Govt Formulates Tight Gas Policy to Boost Exploration and Production

To bolster tight gas exploration in a technically and commercially viable manner, the Government of Pakistan has unveile...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

PBS Data on Trade Deficit Contradicts Commerce Minister’s Claim

Pakistan’s trade deficit narrowed down by 32.66 percent in the first seven months (July-January) of the current fiscal y...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

FBR Issues Clarification Regarding Digital Invoicing for FMCG Sector

The Federal Board of Revenue (FBR) has allowed importers, manufacturers, and wholesalers/ dealers/ distributors of fast-...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Sabroso’s Sensational New Campaign, Perfectly Done!

Sabroso, one of the leading frozen food players in the country, has recently taken over our screens and imaginations wit...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Govt Increases Prices of Hundreds of Essential Medicines

A meeting of the caretaker federal cabinet chaired by Prime Minister Anwaarul Haq Kakar has okayed a proposal to increas...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

FPCCI and 5 Saudi Chambers Ink Agreement For Increasing Exports At Makkah Halal Forum 2024

President FPCCI Atif Ikram Sheikh has represented Pakistan’s private sector in Makkah Halal Forum 2024; and, has apprise...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Caretaker Govt Nears Plan That Will Bind Next Govt to PIA Sale

The caretaker government is finalizing plans for the upcoming elected government to sell Pakistan International Airlines...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Citizens in Sindh Can Now Register Their Properties Online

Sindh Governor Kamran Khan Tessori has granted approval to the Registration (Sindh Amendment) Ordinance 2024. This will...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Rupee Up 4th Day in a Row Against US Dollar But Loses Big Against GBP, Euro

The Pakistani rupee posted marginal gains 4th day in a row against the US Dollar today after opening trade at 279 in the...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Fixed Tax of Up to Rs. 450 Per Month For Electricity Consumers On the Cards

The government team is gearing up to meet with the International Monetary Fund (IMF) in a few days to discuss the possib...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Sky Nine Group Breaks All-Time Record in Inventory Reselling through Nine Keys at the Highest Price in the Open Market

Sky Nine Group, renowned as the largest hospitality developers in the country, takes a pioneering stance in the real est...

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News Update

02

Feb 2024

Feb 02, 2024 • 5 min read

Weekly Inflation Falls Below 40% for First Time in Twelve Weeks

The Sensitive Price Index (SPI) for the week ended on February 1, 2024, increased by 39.45 percent on a year-on-year bas...

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News Update

01

Feb 2024

Feb 01, 2024 • 5 min read

Pakistan’s Headline Inflation Clocks in at 28.3% in January 2024

The Consumer Price Index (CPI) based Inflation increased to 28.3 percent on a year-on-year basis in January 2024 as comp...

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