News & Updates

News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

IMF Wants Pakistan to Stop Giving Supplementary Grants Without Parliament’s Approval

The International Monetary Fund (IMF) wants Pakistan to modify the Constitution to prevent the federal government from g...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

LHC Declares Contractual Appointments of Judicial Members in ATIR Unconstitutional

The Lahore High Court (LHC), while declaring the contractual appointments of Judicial Members (JM) in Appellate Tribunal...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Govt Removes Pakistan Steel Mills from Privatization List

The caretaker federal government has removed the Pakistan Steel Mills from its active privatization list. According to a...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Bank Alfalah Limited and U Microfinance Bank Enter into Strategic Collaboration for a Financing Facility of PKR 10bn

U Microfinance Bank (U Bank), one of the largest microfinance banks in Pakistan, has forged a strategic partnership with...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Unleash Winter’s Gaming Thrill: Dive into Free Fire with the Infinix HOT 40 Series!

December ushers in a season of festivities, winter breaks for students, and vibrant New Year celebrations. As young game...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Pakistan’s Farms, Mines in Trouble With Afghans Pushed Out

The abrupt departure of thousands of undocumented Afghans has left Bibi Jawzara, an elderly Pakistani woman, “really wor...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Price of Gold in Pakistan Keeps Upward Momentum With Another Increase

The price of gold in Pakistan rose slightly on Tuesday to settle at Rs. 217,600 per tola. According to the data released...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

SBP Gives Up to 30% Pay Raise to Officers

The State Bank of Pakistan (SBP) increased the pay of its staff by up to 30 percent on Monday. The regulator approved a...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Hashoo Group & Dewan Motors Join Forces to Power Sustainable Mobility in Pakistan

Hashoo Group, in collaboration with Dewan Motors Pvt. Ltd., Pakistan’s authorized BMW automobile importer, is launching...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Senate Panel Concerned Over Alarming Circulation of Fake Rs. 5,000 Notes

The Senate Standing Committee on Finance on Tuesday voiced concern over the alarming circulation of counterfeit Rs. 5,00...

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News Update

19

Dec 2023

Dec 19, 2023 • 5 min read

Visa Announces Strategic Collaboration With TECH5 to Advance Digital Govt Ecosystems

Visa Inc., a world leader in digital payments, and TECH5, an innovator in the field of biometrics and digital identity m...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

SECP Issues FAQs on Category-Wise Voting for Election of Directors

The Securities and Exchange Commission of Pakistan (SECP) has issued a set of Frequently Asked Questions (FAQs) regardin...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

Current Account Turns from Deficit to Surplus After 4 Months

The country’s current account posted a surplus of $9 million in November 2023, compared to a deficit of $157 million in...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

Govt Impose Restrictions On Onion Exports Amid Local Shortage and Price Hike

The interim federal government of Pakistan has introduced measures to curb the export of onions, attributing the decisio...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

FBR Revises Customs Values on Import of Lubricating Oils

Directorate General of Customs Valuation, Karachi has revised customs values on the import of a wide range of lubricatin...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

FBR Bounds PSW-Registered Govt Agencies to Implement Integrated Risk Management System

The Federal Board of Revenue (FBR) has made it compulsory for the government departments that apply trade controls on im...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

IMARAT’s Bold Hiring Campaign Reinforces Growth in Challenging Market Conditions

IMARAT Group, a leader in Pakistan’s real estate sector, has announced a groundbreaking hiring initiative that simplifie...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

FBR Decreases Phone Taxes for Overseas Travellers

The commercial importers of new mobile phones would not avail of any concession under the new valuation ruling. In contr...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

Reon Energy Builds First Smart Renewable Micro Grid for Arabian Yemen Cement Company

Reon Energy, a leading clean technology company, announces a strategic partnership with Arabian Yemen Cement Company Lim...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

FBR Reshuffles 12 Tax Officers

The Federal Board of Revenue (FBR) has appointed  Muhammad Azam Sheikh FBR Member (Inland Revenue Service/BS-21) as the...

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News Update

18

Dec 2023

Dec 18, 2023 • 5 min read

World Bank-Funded Sindh Barrages Project Faces $72 Million Financing Gap

The “Sindh Barrages Improvement Project” worth $326.6 million is facing a financing gap of about $72 million and will re...

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