News & Updates

News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

FBR is Forcing Solar Panel Importers to Increase Prices Despite Drop in International Rates

The Federal Board of Revenue (FBR) is shocked over the declining prices of solar panels and is exploring the possibility...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Nayatel Expands Its Home Entertainment Solutions with the Launch of Android TV Box

Nayatel, a pioneer in telecommunications solutions, just unveiled its latest innovation: the Android TV Box. For users w...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

National Citrus Fruit Festival is Coming Next Week

The Federal government in collaboration with the Government of Punjab will hold the National Citrus Festival on January...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

LCCI Urges FBR to Revisit Order Forcing Retailers to Integrate With POS

The Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar has urged the Federal Board of Revenue to revi...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Caretaker Govt Triples Loan Borrowing to Break Pakistan’s 76-Year Record

The caretaker government is borrowing money like crazy and creating massive debt without taking care of the existing deb...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

CCP Asks PBS to Share Data on Commodity Prices to Check Market Trends

The Competition Commission of Pakistan (CCP) has asked the Pakistan Bureau of Statistics (PBS) to share data of commodit...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Energy Ministry Proposes Delisting DISCOs from Privatization, Provincialization Lists

The ministry of energy has proposed federal cabinet to delist all DISCOs from provincialization and privatization lists....

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Kashan Hasan Appointed as CEO of FrieslandCampina Engro

The Board of Frieslandcampina Engro Pakistan Limited has approved the appointment of Kashan Hasan as Chief Executive Off...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Pak-Afghan Trade Falls By 16% in December 2023

Bilateral trade between Pakistan and Afghanistan witnessed a 16 percent year-on-year (YoY) decline in December 2023. On...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Gold Price in Pakistan Starts New Week With Major Decline

The price of gold in Pakistan began the new week with a decline of Rs 1,900 per tola on Monday. According to the data re...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

Steel Rates in Pakistan Kickstart 2024 With A Big Increase

The domestic prices of steel products have been increased by Rs. 7,000 to rise by up to Rs. 270,000 per ton. Domestic st...

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News Update

08

Jan 2024

Jan 08, 2024 • 5 min read

FTO Exposes Tax Fraud by Medical Colleges

The Federal Tax Ombudsman (FTO) has found misappropriations and irregularities by Trusts controlling the medical college...

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News Update

06

Jan 2024

Jan 06, 2024 • 5 min read

Finance Ministry Issues Clarification Regarding FBR Restructuring

The federal government has said there will be no outside interference in the administrative matters of Customs or Inland...

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News Update

06

Jan 2024

Jan 06, 2024 • 5 min read

SIFC Approves Plans to Restructure FBR

The caretaker government has decided to implement a restructuring plan for the Federal Board of Revenue (FBR). In this r...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Govt Finalizes FBR’s Restructuring Plan After Consultation With IMF

Update: The federal government has said there will be no outside interference in the administrative matters of Customs o...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Emirates Celebrates 25 Years of Success Serving Islamabad and Lahore

Emirates, the world’s largest international airline, proudly commemorates its 25th anniversary of operations at Islamaba...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Govt, K-Electric Ink Agreements for Ensuring Karachi’s Energy Security

In a landmark moment for the power sector, the Government of Pakistan and KE reached a significant milestone by signing...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Rupee Up 3rd Day in a Row Against US Dollar to End the Week

The Pakistani rupee rose slightly 3rd day in a row against the US Dollar today after opening trade at 282 in the interba...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Amer Tufail Appointed as Managing Director by SNGPL Board of Directors

The SNGPL Board of Directors has appointed Mr. Amer Tufail as Managing Director of Sui Northern Gas Pipelines Limited (S...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

IT Ministry to Launch Easy Installment Scheme For Buying Mobile Phones Next Week

The Ministry of Information Technology and Telecommunication, with the coordination of telecom operators, will launch th...

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News Update

05

Jan 2024

Jan 05, 2024 • 5 min read

Gold Price in Pakistan Decreases for Third Straight Day

The price of gold in Pakistan fell for the third straight day on Friday to settle at Rs. 217,000 per tola. According to...

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