News & Updates

News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

Caretaker Govt Invites Budget Proposals For FY25

The caretaker government has commenced the budgeting process and invited proposals for budget FY25, official sources inf...

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News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

PSO Gets Govt Approval to Import Diesel On Behalf of All Petroleum Companies

Pakistan State Oil (PSO) has been granted the right to exclusively import high-speed diesel (HSD) to meet domestic deman...

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News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

Faysal Bank Joins Forces for State-of-the-Art Consumer-Credit Decision Engine

Faysal Bank (FBL) one of the premier Islamic banks in Pakistan has partnered with DataCheck; forming the industry’s firs...

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News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

IMF Board Approves Release of $700 Million Loan Tranche for Pakistan

The Executive Board of the International Monetary Fund (IMF) Thursday completed the first review under Pakistan’s Stand-...

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News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

Pakistan’s Listed Sugar Sector’s Earnings Hit Record High of Rs. 22 Billion in FY23

Pakistan’s listed sugar sector’s earnings were up 78 percent year-on-year (YoY) to a record high of Rs. 22 billion in FY...

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News Update

11

Jan 2024

Jan 11, 2024 • 5 min read

Govt Opens 39 e-Rozgaar Centers Across the Country for Jobless People

Caretaker Prime Minister Anwarul Haq Kakar inaugurated 39 e-Rozgaar centers in Islamabad today. Speaking at the launch c...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Pakistani Banks Post Best Q4 Stock Returns in Asia-Pacific Amid Record Rally

Pakistani banks led their Asia-Pacific peers in posting some of the highest stock returns in the three months ended Dece...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Treet Battery Denies Knowledge of Reason Behind 285% Share Price Surge

Treet Battery Limited (PSX: TBL) has stated outright that it is not aware of any matter of development behind the compan...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Pakistan Records Highest Increase in Remittance Inflows Since October 2021

Remittances sent by overseas Pakistanis increased by 13.4 percent year-on-year (YoY) to $2.4 billion in December 2023 co...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Foreigners Caught With Dozens of Alcohol Bottles at Islamabad Airport

Customs authorities have detained dozens of bottles of liquor from foreign nationals at Islamabad International Airport....

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Gold Price in Pakistan Falls Slightly in Line With International Trend

The price of gold in Pakistan registered a slight decline on Wednesday to settle at Rs. 216,100 per tola. According to t...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

SIFC to Finalize Incentives For Solar Sector in Next Meeting

The Special Investment Facilitation Council (SIFC) will meet with the Commerce Ministry, the Federal Board of Revenue (F...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Ignite to Empower 25,000 Freelancers With Substantial Subsidies

The Ignite- National Technology Fund is set to roll out an innovative subsidy model aimed at supporting 25,000 freelance...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Urea Prices Set to Increase After ECC Move

The Economic Coordination Committee (ECC) of the Cabinet has allowed manufacturers to include financing costs which will...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Govt Raises Rs. 283 Billion Via T-Bills, Cut-Off Yields Down by up to 59 BPS

The cut-off yields on Treasury Bills (T-Bills) went down by up to 59 basis points (bps) in the auction of the paper held...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Rupee Rises 6th Day in a Row Against US Dollar

The Pakistani rupee rose marginally 6th day in a row against the US Dollar today after opening trade at 280 in the inter...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Infinix Unveils E-Color Shift at CES 2024 Revolutionizing Interactive Smartphone Color Transformation

Infinix, a trendy tech brand crafted for young consumers, today unveils its latest breakthrough technology, E-Color Shif...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Over 860,000 Pakistanis Left the Country in 2023 in Search of Jobs Abroad

Over 860,000 Pakistanis left the country in search of better job opportunities abroad during 2023, the highest number si...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

FBR Issues Final Notice to Non-Filers Before Blocking Mobile SIMs, Cutting Electricity Connections

The Federal Board of Revenue (FBR) has issued final notices to non-filers before blocking their mobile SIM cards, and mo...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Confiz Celebrates Successful Implementation of Dynamics 365 Finance and Operations for Service Sales Corporation

Confiz, a leading globally recognized technology services and solutions provider, celebrated the successful implementati...

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News Update

10

Jan 2024

Jan 10, 2024 • 5 min read

Battle of Brilliance: realme C67 or Vivo Y27s – Who Emerges as the Groundbreaker?

In the ever-evolving landscape of mid-range smartphones, the realme C67 and the Vivo Y27s stand as formidable contenders...

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