News & Updates

News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Agha Steel to Resume Normal Operations in 10 Days

Agha Steel Industries Limited (PSX: AGHA) will commence operational production tentatively in 10 working days after an i...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Senate Body Suggests Setting up SEZs in Less Populated Areas

The Senate Standing Committee on Cabinet Secretariat Tuesday directed the Secretary of Board of Investment (BOI) and the...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Pakistan’s Fuel Oil Exports Near 600,000 Tons in First Half of FY24

Pakistan’s fuel oil exports neared 600,000 tons in the first half of the financial year 2023-24 due to poor local demand...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Haier Introduces Twin Inverter+ Refrigerators in Pakistan: A Leap in Food Preservation Technology

Haier, a prominent household appliances brand, strives to enhance the quality of life by fostering inspired living. In i...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

PM Kakar Urges Strict Action Against Urea Hoarders, Smugglers

Caretaker Prime Minister Anwaarul Haq Kakar has urged authorities to crack down on fertilizer hoarders, smugglers, and p...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

FBR Implemented 94% Recommendations of FTO in Cases of Maladministration in 2023

The Federal Board of Revenue (FBR) has implemented 94.07 percent recommendations of the Federal Tax Ombudsman (FTO) in 2...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

PAFLA x Golootlo: Powering Pakistan’s Freelancers with Exclusive Discounts

Attention Pakistani freelancers! This New Year promises to be a game changer in your freelance career, with more opportu...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Petroleum Sales Decrease By 7% in December 2023

Pakistan recorded monthly OMC sales of 1.24 million tons down by 7 percent year-on-year (YoY) and 10 percent month-on-mo...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

realme C67: Redefining Mid-Range Smartphones with Premium Features

In the ever-evolving landscape of the smartphone industry, the mid-range market has often found itself in the shadows, w...

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News Update

02

Jan 2024

Jan 02, 2024 • 5 min read

Jazz Gets Relief from IHC in Advance Tax Issue

The Chief Justice of Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to implement a judgment...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Zong 4G and Pakistan Bait-ul-Mal Join Hands to Revolutionize Digital Education in Pakistan

Zong 4G, Pakistan’s leading telecom operator has initiated the setup of a state-of-the-art Digital Laboratory at the Pak...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Assets of Islamic Banks Surge to Over Rs. 8 Trillion

The Islamic banking industry (IBI) continues its momentum in its acceptability and penetration, reflecting tremendous gr...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Retail Transactions in Pakistan Increase by 4.2% to Rs. 134 Trillion in Q1 FY24

Retail transactions in Pakistan surged by 4.2 percent in volume and 22.4 percent in value during the quarter that ended...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Pakistan’s Headline Inflation Clocks in at 29.7% in December 2023

The Consumer Price Index (CPI) based inflation increased to 29.7 percent on a year-on-year basis in December 2023 as com...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Pakistan’s Startup Funding Nosedives By 77% in 2023

Startup funding in Pakistan continues to have a bad run, with investments falling to $75.6 million during 2023, accordin...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Charting a Vision for Success: A New Year Message from Hasan Mansha, CEO of Hyundai Nishat Motor Ltd

As we stand at the threshold of a new year, I am filled with profound optimism and excitement for the journey ahead. The...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Hackers Forging Sales Tax Returns Of Registered Taxpayers to Avail Billions in Benefits

Hackers are bypassing the Federal Board of Revenue’s (FBR) sales tax system to amend sales tax returns of genuine taxpay...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Mobile SIMs, Utility Connections of Non-Filers Will Be Blocked From This Month

Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana said, that the blocking of mobile phone SIMs and the disconn...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Mobilink Bank Closes 2023 with 41% Increase in MSME Disbursements

Mobilink Bank stood out for its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs), constituting a si...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

Organic Meat Company Starts Cooked Beef Exports to China

The Organic Meat Company Limited (PSX: TOMCL) has become the first company from South Asia to export cooked/heat treated...

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News Update

01

Jan 2024

Jan 01, 2024 • 5 min read

IMF Executive Board Meeting on Pakistan Scheduled For Next Week

The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under Pakistan’s current...

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