News & Updates

News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

Bank Alfalah Achieves Two Milestones with the Launch of Its 1000th Branch and Surpassing PKR 2 Trillion Deposits

Bank Alfalah Limited, one of the leading commercial banks in Pakistan, achieved two significant milestones with the laun...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

SBP Warns of Alarming Circulation of Fake Rs. 1,000 Currency Notes

State Bank of Pakistan’s (SBP) Director Finance Qadir Bakhsh warned about the alarming circulation of counterfeit Rs. 1,...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

Govt Notifies Guidelines on Deals With Foreign Entities, Including Governments

The government has notified guidelines regarding agreements/memorandum of understanding (MOU) with foreign governments/p...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

FBR Finalizes Scheme to Impose Sales Tax on Retailers in Big Cities

The Federal Board of Revenue (FBR) is gearing up to impose a sales tax on retailers in major cities i.e. Islamabad, Kara...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

Pakistan’s Food Exports Surge by 64% in First Half Of FY24

Pakistan’s food exports hit $3.84 billion during the first half of the current fiscal year (FY24), up 64 percent year-on...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

Universal Network Systems Will Now Be Called Blue-Ex Limited

The Securities and Exchange Commission of Pakistan (SECP) has allowed Universal Network Systems Limited (PSX: GEMUNSL) t...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

NEPRA Approves Rs. 2.87 Per Unit Hike in Power Tariff For K-Electric Consumers

The National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs. 2.87 per unit for K-Electric cu...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

NEPRA Hikes Electricity Tariff by Rs. 4.12 Per Unit for January Bills

The National Electric Power Regulatory Authority (NEPRA) on Thursday notified a Rs. 4.12 per unit increase in the price...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

PTCL Group Renews Partnership with TPL Trakker for Provision of ICT Services

Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), and leading GP...

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News Update

04

Jan 2024

Jan 04, 2024 • 5 min read

Gold Price in Pakistan Falls Yet Again

The price of gold in Pakistan fell for the second straight day on Thursday to settle at Rs. 218,200 per tola. According...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Food Ministry Asks Exporters to Comply with EU Regulations on Export of Animal Products  

The Ministry of National Food Security and Research has urged exporters to comply with European Union regulations regard...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

IDP Pakistan Expands Further, Opens Another Office in DHA Lahore

IDP Education Pakistan continues its expansion with the opening of a new office in Lahore DHA, city’s most prime and aff...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

OPTP and Other Restaurants Are Scamming Customers by Over-Charging When Paying Via Card

Customers at various food chains, both international and local, pay the same price whether using digital methods like cr...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Price of Gold in Pakistan Falls as International Prices Sink

The price of gold in Pakistan fell by over Rs. 1,000 per tola on Wednesday to settle at Rs. 220,000 per tola. According...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

ADB Rates M-4 Motorway Related Project Financing Successful

The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated ‘Pakistan: National Motorway M...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

FBR Extends Deadline For Submitting Viewpoints On Input Tax Refunds For Multiple Sectors

The Federal Board of Revenue (FBR) has extended the date upto January 10, 2024, for the stakeholders to submit viewpoint...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

CDA Unveils Plan to Auction 35 Commercial Plots in Islamabad Next Week

The Capital Development Authority (CDA) has unveiled details for an upcoming auction of commercial plots in Islamabad, s...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

FBR Unearths Billion Rupees Fraud in Solar Panel Imports

The Federal Board of Revenue (FBR) has uncovered a fiscal fraud involving billions of rupees in the imports of solar pan...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Rupee Rebounds Against Major Currencies

The Pakistani rupee reversed losses against the US Dollar today after opening trade at 280 in the interbank market. At 1...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Govt Concludes Privatization of Heavy Electrical Complex

The privatization of the Heavy Electrical Complex (HEC) was concluded with the handing over of the share certificates to...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

PBC Calls for Reform Centric IMF Programme

The Pakistan Business Council (PBC) has called for a reform-centric International Monetary Fund (IMF) programme instead...

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