News & Updates

News Update

27

Jan 2024

Jan 27, 2024 • 5 min read

One Homes Unveils the Biggest Consumer Promotion in Pakistan’s Real Estate History

Embarking on a new era of opulent living, One Homes, Pakistan’s leading luxury developer, is unveiling an extraordinary...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Fauji Fertilizer Profit Up by 48% in 2023

Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the year that ended on December 31,...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Gold Price in Pakistan Posts Slight Increase After Yesterday’s Drop

The price of gold in Pakistan rose slightly on Friday after posting a decline a day earlier. According to data issued by...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Cabinet Approves Increase in Paid-up Capital of State Life Insurance Corporation

The Federal Cabinet on Friday approved a plan to increase the paid-up capital of the State Life Insurance Corporation (S...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Rupee Extends Win Streak Against US Dollar to End the Week

The Pakistani rupee extended its winning streak to eight against the US Dollar today after opening trade at 279 in the i...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Ace Luxury Immigration Solutions Hosts Two-Day One-on-One Business Migration Seminar in Quetta

Ace Luxury’s professional team hosted a one-on-one business migration and skilled migration seminar at the Serena Hotel...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Telecom Sector’s Revenue Grows 17% to Rs. 850 Billion in FY23

Pakistan’s telecom sector generated Rs. 850 billion in terms of revenues in the fiscal year 2022-23 (FY23), showing a gr...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Al Shaheer Corporation Closes Karachi Plant For 2 Weeks

Al Shaheer Corporation Limited (PSX: ASC) has decided to temporarily close its Karachi plant for two weeks. “Upon recomm...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

SECP Proposes Robust Anti-Harassment Measures for Listed Companies

In a bid to promote safety and respect in the workplace, the Securities and Exchange Commission of Pakistan (SECP) has i...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

easypaisa Empowers Women with First-Ever Audio Nikahnama in Pakistan

easypaisa has just created ripples across the financial services industry. In a historic move that shatters taboos and e...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Unveiling Innovation: Xiaomi Launches the Redmi Note 13 Series – Elevate Your Mobile Experience!

Today, Xiaomi announced the highly anticipated release of the Redmi Note 13 Series. The popular series features a number...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

LHC Rejects Kashf Foundation’s Appeal Regarding Non-Profit-Organization Status

The Lahore High Court (LHC) has rejected an appeal filed by the Chief Executive of Kashf Foundation against the Large Ta...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Rates of Profit On National Savings Schemes Decreased

The government has decreased the rates of profit on national savings certificates and schemes by up to 46 bps. The profi...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Weekly Inflation Remains Near 44% Despite Marginal Decline

The Sensitive Price Index (SPI) for the week ended on January 25, 2024, increased by 43.79 percent on a year-on-year bas...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Cabinet to Take up Summary Regarding FBR Restructuring on Monday

The Federal Cabinet will take up the summary regarding the restructuring of the Federal Board of Revenue (FBR) on coming...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Lucky Cement Profit Up by 92% in First Half of FY24

Lucky Cement Limited (PSX: LUCK) announced its financial results for the first half of financial year 2023-24 (1HFY24) t...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Refund Claims: FTO Recommends FBR to Classify RPOs As Exchangeable Payment Instruments

A Federal Tax Ombudsman (FTO) research analysis of the Federal Board of Revenue’s (FBR) refunds recommended that the Ref...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Attock Refinery Announces Massive Maintenance Exercise

Attock Refinery Limited (PSX: ATRL) is planning a Refinery Turnaround to carry out essential maintenance w.e.f. February...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

Stand off Persists Among Inter-Ministerial Committee Members on FBR Restructuring

The stand-off still persists between the members of the Inter-Ministerial Committee on proposed reforms for Federal Boar...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

IMF Tips FBR to Collect Record-Breaking Tax Revenue in FY24

The International Monetary Fund (IMF) has projected the Federal Board of Revenue (FBR) to collect the highest-ever tax r...

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News Update

26

Jan 2024

Jan 26, 2024 • 5 min read

China Likely to Roll Over $2 Billion Loan to Pakistan Soon

Pakistan has formally requested China to extend the maturity of a $2 billion loan which the CPEC counterpart is likely t...

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