News & Updates

News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Attock Refinery Shuts Down 2 Plants As Low Demand Causes Massive Fuel Stockpile

Attock Refinery Limited (PSX: ATRL) has temporarily closed two of its crude distillation units to manage refinery operat...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

HBL Recognized as Leading Remittance Mobilizing Bank of Pakistan

HBL has been recognized by the Pakistan Remittance Initiative (PRI) as the “Leading Remittance Mobilizing Bank of Pakist...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

FBR Orders All Registered Retailers to Integrate All Payment Counters With POS

The Federal Board of Revenue (FBR) has directed all sales tax registered persons including tier-I retailers to obtain li...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

PTCL Group and Peshawar Zalmi Team Up for PSL 9 to Fortify Pakistan’s Sports Landscape

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

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Fertilizer Shortage Comes Back Just After Government Crackdown

The caretaker government in a press conference on Tuesday addressed growing concerns over the prevalent shortage and uns...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Federal Cabinet Likely to Approve National Space Policy This Week

The Federal Cabinet is likely to approve the National Space Policy besides ratification of the Economic Coordination Com...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

FBR Issues New Guidelines for Importers, Manufacturers of FMCGs Regarding Electronic Sales Tax

The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/ distributors, and wh...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Anti-Smuggling Drive At Pak-Afghan Border Finally Bearing Fruit

Anti-smuggling measures implemented by the caretaker government are finally bearing some fruit with exports to Afghanist...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

SBP Keeps Interest Rate Unchanged at 22%

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Industrial Importers Allegedly Selling Yarn on Commercial Basis to Other Entities

Customs Intelligence has discovered that unscrupulous industrial importers, availing tax exemption of 7.5 percent on the...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

SSGC Seeks 15% Increase in Price of Gas

The Sui Southern Gas Company Limited (SSGC) has filed a petition with Oil & Gas Regulatory Authority (OGRA) for an incre...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Mobilink Bank, Unikrew Solutions Collaborate on USAID-Funded Initiative to Drive Women’s Financial Inclusion

Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with a prominent fintech player, Unikrew...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Saudi Aramco to Acquire 40% Stake in Pakistan’s GO Petroleum

Saudi Aramco has decided to buy a 40 percent share in Gas & Oil Pakistan Limited (GO), according to a statement issued b...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

China to Revisit Free Trade Agreement With Pakistan

China has agreed to revisit the existing Free Trade Agreement (FTA), give trade finance in yuans, and offer loans to hel...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Provinces to Explore Remote Sensing Technology for Enhanced Crop Monitoring

Caretaker Minister for Planning Muhammad Sami Saeed chaired a meeting of the National Price Monitoring Committee (NPMC)...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Czech Businesses Interested in Pakistan’s Mining, Energy And Chemical Sectors

Czech Republic companies are looking for collaboration in the Mining, Energy, and Chemical sectors of Pakistan. Ambassad...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

SECP to Host International InsureImpact Conference 2023 in Karachi

The Securities and Exchange Commission of Pakistan (SECP) will be hosting the International InsureImpact Conference 2023...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Price of Gold in Pakistan Falls by Rs. 10,000 Per Tola In Just Over a Week

The price of gold in Pakistan continued its downward trajectory on Tuesday, going down by Rs. 1,800 per tola. According...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Rupee Rebounds Against US Dollar, Open Market Rates Remain Stable

The Pakistani rupee posted gains against the US Dollar today after opening trade at 284 in the interbank market. At 11:3...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Rafhan Maize and Akhuwat Extend Support to Flood-Affected Families in Goth Dhani Bakhsh Kashkheli, Kotri

Dr. Muhammad Amjad Saqib, Founder & Chairman of Akhuwat, visited the flood-affected families of Goth Dhani Bakhsh Kashkh...

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News Update

12

Dec 2023

Dec 12, 2023 • 5 min read

Govt Appoints New Member Customs Operations

The federal government has transferred Zaba Hai Azhar from the post of Member Customs Operations, Federal Board of Reven...

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