News & Updates

News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

PSX Sets Minimum Buyback Price for Pak Suzuki’s Delisting

The Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange (PSX) has determined the minimum buyback price of...

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News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

Raqami Selects Euronet Pakistan as a Key Partner to Launch the First Islamic Digital Bank in Pakistan

On January 11, 2024, Raqami Islamic Digital Bank and Euronet Pakistan. entered into an exclusive agreement to promote di...

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News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

PSDP Spending Nears Rs. 150 Billion in 6 Months

The government has spent nearly Rs. 150 billion under the Public Sector Development Program (PSDP) in the first six mont...

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News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

Lotte Chemical Pakistan Ltd Suspends Operations For 10 Days

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) has suspended plant operations from 15 January to 24 January, the company...

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News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

Utility Stores Corporation Posts Highest-Ever Sales of Over Rs. 137 Billion in FY23

Utility Stores Corporation has recorded its highest-ever recorded sales of Rs. 137.155 billion for the fiscal year 2022-...

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News Update

15

Jan 2024

Jan 15, 2024 • 5 min read

Roshan Digital Account Inflows Near $7.2 Billion in December 2023

Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at $7.195 billion by the end of Decemb...

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News Update

13

Jan 2024

Jan 13, 2024 • 5 min read

RDA Issues Notices to Three Illegal Housing Schemes

Under the directions from Muhammad Saif Anwar Jappa the Director General of the authority, Rawalpindi Development Author...

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News Update

13

Jan 2024

Jan 13, 2024 • 5 min read

SECP Issues Proposed Amendments to NBFC Rules

The Securities and Exchange Commission of Pakistan (SECP) has issued a draft of proposed amendments to the Non-Banking F...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

ZTBL Launches Official WhatsApp Channel to Help Borrowers

Zarai Tataqiati Bank Limited (ZTBL) on Friday launched its official WhatsApp channel with the aim to provide reliable in...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Lucky Core Industries Terminates Agreement for Acquiring Lotte Chemical Pakistan

Lucky Core Ventures (Private) Limited (LCV), a wholly-owned subsidiary of Lucky Core Industries Limited (LCI), has termi...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

PSW Launches Dedicated Russian Language Helpline to Facilitate Central Asian Trade

In a strategic move towards advancing international trade facilitation, Pakistan Single Window (PSW) launched its dedica...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

SIFC Has Approved 9 Cent Energy Tariff For Industrial Sector: Commerce Minister

The Apex Committee of the Special Investment Facilitation Council (SIFC) has approved an energy tariff of nine cents for...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Tapmad Secures Exclusive Streaming Rights to HD Ads-Free – Pakistan v New Zealand T20 International Series

Tapmad, being the premier streaming platform in Pakistan, continues to solidify its standing in the Over-The-Top (OTT) i...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Petroleum Ministry Asks OGRA to Develop Consensus on PSO Importing Diesel For All OMCs

The Ministry of Petroleum has asked the Oil and Gas Regulatory Authority (OGRA) to develop a consensus for the import of...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Zong 4G Signs Corporate Partnership Agreement with ASA Pakistan for Connectivity Solutions

Zong 4G, Pakistan’s leading digital communication company, has signed a corporate partnership agreement with ASA Pakista...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Pakistan to Get More Rollovers, Dollar Funding Post-IMF Board Approval

The International Monetary Fund (IMF) Executive Board has approved the first review for Pakistan under the Stand-By Agre...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Govt Unveils Specialized Credit Facility For SMEs in Pakistan

The Ministry of Finance and Karandaaz Pakistan have jointly unveiled the country’s first specialized credit guarantee co...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

FTO Directs FBR to Act Against Officials Involved in Choking Fish Exports

The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate proceedings against the offi...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Telenor Microfinance Bank to Sue Individuals Spreading Fake News About Easypaisa on Social Media

ABS & Co, one of the leading law firms in Pakistan and an advocate of M/s Telenor Microfinance Bank Limited (“Telenor Ba...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

Rupee Jumps 8th Day in a Row Against US Dollar After IMF News

The Pakistani rupee gained bigger ground 8th day in a row against the US Dollar today after opening trade at 278-279 in...

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News Update

12

Jan 2024

Jan 12, 2024 • 5 min read

SBP Launches Its Official WhatsApp Channel

The State Bank of Pakistan (SBP) has formally launched its WhatsApp channel. WhatsApp users can follow the verified SBP...

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