News & Updates

News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

OGRA Increases LPG Price for February

The Oil and Gas Regulatory Authority (OGRA) has increased the price of indigenous liquefied petroleum gas (LPG) by Rs. 1...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Banks to Remain Closed for 3 Consecutive Days Again

The State Bank of Pakistan (SBP) announced that it will remain closed on Monday, 5 February 2024, on account of Kashmir...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Pak Rupee Posts Small Gains 2nd Day in a Row Against US Dollar

The Pakistani rupee posted marginal gains 2nd day in a row against the US Dollar today after opening trade at 279 in the...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Shareholders Reject Minimum Buyback Price for Pak Suzuki’s Delisting, Threaten Legal Action

Shareholders of Pak Suzuki Motor Company Limited (PSX: PSMC), holding more than 15.39 percent of the paid-up capital of...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Al Shaheer Corporation Resumes Operations 1 Week Ahead of Schedule

Al Shaheer Corporation Limited (PSX: ASC) has commenced full operations at its Karachi plant a week earlier than origina...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Engro Corp Appoints Ahsan Zafar Syed As New President and CEO

Engro Corporation Limited (PSX: ENGRO) has appointed Ahsan Zafar Syed as ‘President & CEO – Designate’ of the company. “...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

IT Ministry to Share Progress On Digital Economy Enhancement Project With World Bank

In a significant development, the Ministry of Information Technology and Telecommunication (MoITT) is set to brief a Wor...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Banks Lend Rs. 1.1 Trillion to Agriculture Sector in First Half of FY24

Financial institutions in the country disbursed loans of Rs. 1.1 trillion to the agriculture sector during the first hal...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Govt Expects Inflation to Ease Slightly Next Month

The Ministry of Finance expects inflation to remain around 27.5-28.5 percent in January 2024 and further ease out to 26....

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Samsung Reports Alarming Massive Decline in Profits in 2023

Samsung has recently disclosed its financial performance for both the fourth quarter and the entire calendar year of 202...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Utility Stores Corporation Receives Costly Bids for Sugar Tender

The Utility Stores Corporation (USC) has received costly bids for the purchase of 70,000 metric tonnes of sugar. Accordi...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Govt Announces Big Increase in Price of Petrol

The caretaker federal government has decided to increase the prices of both petrol and high-speed diesel. According to a...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Make Zong Roaming Bundles Your Travel Partner

Zong 4G, Pakistan’s leading telecommunication provider, offers exclusive International Roaming bundles for your next tri...

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News Update

31

Jan 2024

Jan 31, 2024 • 5 min read

Bank Al Habib Records Highest-Ever Annual Profit

Bank Al Habib Limited has reported its highest-ever profit of over Rs. 35 billion in the calendar year 2023. According t...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

APTMA Shares Ambitious Plan to Increase Yearly Textile Exports to Over $50 Billion in 5 Years

The All Pakistan Textile Mills Association (APTMA) has devised a new plan to increase Pakistan’s textile export manufact...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

ECP Asks PM Kakar to Halt FBR Restructuring and Leave It for Elected Govt

The Election Commission of Pakistan has conveyed to the Caretaker Prime Minister Anwaar-ul-haq Kakar to not go for major...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

PSX Crashes After Court Jails Ex-PM Imran Khan for 10 Years Just Before Elections

Bears held the Pakistan Stock Exchange (PSX) at gunpoint today with the benchmark KSE-100 index losing over 900 points i...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

Rupee Reverses Losses Against US Dollar After SBP Decision

The Pakistani rupee reversed losses against the US Dollar today after opening trade at 280 in the interbank market. It w...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

Sindh Bank and Avanza Solutions Are Paving the Path Towards Digital Transformation

Sindh Bank, a prominent commercial bank in Pakistan known for its rapid growth, collaborates with Avanza Solutions (Pvt....

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

SBP Starts Process for Issuing New Currency Notes

The State Bank of Pakistan (SBP) has initiated the process of designing and issuing a New Banknotes Series of all existi...

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News Update

30

Jan 2024

Jan 30, 2024 • 5 min read

Pakistan’s Telecom Sector Shows Unprecedented Growth in 2023

The telecommunications landscape in Pakistan has experienced an unprecedented surge, as unveiled in the recent annual re...

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