News & Updates

News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

FFC, FFBL Announce Increase in Urea Prices

Fauji Fertilizer Company Ltd (FFC) and Fauji Fertilizer Bin Qasim Ltd (FFBL) have increased urea prices by Rs. 187 per b...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Pakistan’s Textile Exports Down 5% in 1HFY24

Pakistan’s textile exports rose 3 percent on a year-on-year (YoY) basis in December 2023, according to data issued by th...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

An Open Letter from realme’s Founder and CEO, Sky Li: Let’s Make It Real

realme’s Founder and CEO, Sky Li, issued an open letter at the beginning of 2024, announcing that 2024 will be the year...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Focus on Narrow Base for Tax Collection Encourages Informalization of Economy: PBC

The Pakistan Business Council (PBC) has labeled tax policy in Pakistan as regressive in nature and one that penalizes gr...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Zong 4G’s Digital Transformation Gets Major Boost with CMMI Maturity Level 3 Appraisal

Pakistan’s leading telecom operator Zong 4G celebrates the attainment of Maturity Level 3 (ML3) of the prestigious Capab...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

His Excellency Sheikh Nahayan Celebrates Bank Alfalah’s Dual Triumph: Expanding 1000 Branches Network and PKR 2 Trillion in Deposits

With immense pride and gratitude, we at Bank Alfalah, celebrate two important milestones in the extraordinary growth of...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Pak Suzuki Delays Company Director Elections Amid PSX Delisting Process

The Securities and Exchange Commission of Pakistan (SECP) has allowed Pak Suzuki Motor Company Limited (PSX: PSMC) to ho...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

JDW Sugar Mills to Set Up 200,000-230,000 Liter Ethanol Plant

JDW Sugar Mills Limited (PSX: JDWS) plans to set up an Ethanol/Distillery Project having per day production capacity of...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

FBR to Give Rewards to Officers of LEAs for Anti-smuggling Activities

The officers of the law enforcement agencies and intelligence agencies would now be entitled to rewards by the Federal B...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

Top Investment Agencies See 2024 As A Good Year For Pakistani Dollar Bonds

2024 will be a good year for Pakistan’s dollar-denominated bonds which are poised to rise for a second consecutive year...

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News Update

03

Jan 2024

Jan 03, 2024 • 5 min read

State Entities Incurred More Than Rs. 729 Billion Losses in FY22

State-owned entities (SOEs) in Pakistan incurred substantial financial losses exceeding Rs. 729 billion in FY2021-2022,...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Cement Sales Increase by 4.6% in December 2023

Cement sales in Pakistan increased by 4.6 percent in December 2023 on a year-on-year basis, according to the data releas...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

SECP Develops App for Stock Market Surveillance, Data Analysis

The Securities and Exchange Commission of Pakistan (SECP) has developed an indigenous application for stock market surve...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

CCP Allows Singapore Shipping Industry Giant to Merge With Subsidiary in Pakistan

The Competition Commission of Pakistan (CCP) has approved a merger in the deep-sea container liner shipping services mar...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Pakistan’s Trade Deficit Shrinks By 34% in First Half of FY24

Pakistan’s trade deficit contracted by 34 percent during the first half of the current fiscal year (1HFY24) compared to...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Pakistan Railways Earns Record Revenue of Over Rs. 41 Billion in 6 Months

Pakistan Railways has reported a record revenue of over Rs. 41 billion in the first half of the financial year 2023-24 (...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

SECP Sets New Limit on Maximum Loan You Can Take From Online Easy Loan Apps

In a move to curb the widespread issue of looting billions of rupees from unsuspecting consumers through online loan sca...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

FBR to Issue Order to Block SIMs, Mobile Phones of Non-Filers on January 15

The Federal Board of Revenue (FBR) is set to tighten the noose around non-filers with a series of stringent measures. So...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

UVAS Inks MoU With Zarai Taraqiati Bank to Uplift Livelihood of Livestock farmers

The University of Veterinary and Animal Sciences (UVAS) Lahore signed a memorandum of understanding with Zarai Taraqiati...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Rupee Ends 13-Day Winning Streak Against US Dollar to Start 2024

The Pakistani rupee reversed its 13-day winning streak against the US Dollar today after opening trade at 280 in the int...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Price of Gold in Pakistan Rebounds With a Big Increase

After falling on the first day of the New Year, the price of gold in Pakistan rose on Tuesday to settle at Rs. 221,300 p...

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