News & Updates

News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

World Bank Rates $200 Million Health and Population Project in Sindh As Satisfactory

The World Bank has rated the overall implementation progress of the ‘Sindh Integrated Health and Population’ Project wor...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

Mari Petroleum Successfully Drills 3rd Gas Well in Daharki

Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested a third horizontal development well Mari-...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

Govt Likely to Share Good News on Petrol Price This Week

Fuel prices in Pakistan are expected to see a big decrease of up to Rs. 15 per liter, with initial estimates suggesting...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

Planning Commission Submits Rs. 25.9 Billion PC-1 For Construction of Gomal Zam Dam

The Planning Commission has submitted the 2nd revised PC-I of the Gomal Zam Multipurpose Project to the Executive Commit...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

President Alvi Rejects Banking Obmudsman’s Ruling On Excessive International Transaction Charges

President of Pakistan Dr. Arif Alvi has set aside the order of Pakistan Banking Mohtasib and held that without hearing t...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

Car and Bikes Companies in Jeopardy as Sales Halved

Pakistan’s car sales clocked in at 6,475 units in November 2023, down 65 percent year-on-year (YoY) compared to 18,531 u...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

ECNEC Likely to Increase Laptop Scheme Quota for Balochistan Students

The Executive Committee of the National Economic Council (ECNEC) is likely to approve the revised phase-wise quota of me...

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News Update

11

Dec 2023

Dec 11, 2023 • 5 min read

Banking Sector Deposits Increase to Rs. 26.8 Trillion in November 2023

The deposits and investments of the banking sector continue to show solid growth translating into handsome margins in th...

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News Update

10

Dec 2023

Dec 10, 2023 • 5 min read

An Ode to the New Era – Thanks to HAVAL!

Haval, in collaboration with SAZGAR Engineering Works Limited of Pakistan, stepped into the Pakistani automotive landsca...

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News Update

09

Dec 2023

Dec 09, 2023 • 5 min read

Federal Cabinet Approves Special Tribunal for Privatization Disputes

The caretaker federal cabinet granted its final approval on Friday to a presidential ordinance for the establishment of...

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News Update

09

Dec 2023

Dec 09, 2023 • 5 min read

Pakistan is Aiming for $10 Billion Annual Rice Exports by 2030

Pakistan has set an ambitious goal to increase annual rice exports to $10 billion by 2030, representing a fourfold surge...

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News Update

09

Dec 2023

Dec 09, 2023 • 5 min read

First PSX Sukuk Auction Brings Rs. 479 Billion, Oversubscribed by 16 Times

Investors exceeded expectations on Friday, offering substantial financing of Rs. 479 billion to the government in the au...

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News Update

09

Dec 2023

Dec 09, 2023 • 5 min read

Hashoo Group & Highland Resort Sign MoU for 4-Star PC Legacy Experience in Islamabad

Hashoo Group, a leading name in Pakistan’s hospitality industry renowned for its exceptional service standards and unmat...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

No Decision Made to Divest Equity in PRL: PSO

Pakistan State Oil (PSO) has refuted claims that it plans to divest its equity in Pakistan Refinery Limited (PRL). “PSO...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

Pakistani Photographers Enchanted by the Innovation of vivo V29 5G & V29e 5G

As vivo V series continues to expand, so does the bar for smartphone photography. Like always, the vivo V series has lef...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

OGDCL Discovers More Gas and Condensate in Sindh

As an operator (77.5 percent), the Oil & Gas Development Company Limited (PSX: OGDC) with Government Holdings (Private)...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

SBP Allows HBL to Set Up Agri Subsidiary

Habib Bank Limited (PSX: HBL) has been granted approval by the State Bank of Pakistan (SBP) for the incorporation of ‘HB...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

Exporters Present Plan to Take Meat Exports to $5 Billion Annually

Pakistan can significantly boost its meat exports to the United States, potentially reaching an annual value of $5 billi...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

PSX Surges Past 66,000 Milestone After Gaining Over 4,500 Points in One Week

The Pakistan Stock Exchange (PSX) surged to a new all-time high, as the benchmark KSE-100 index gained 1,505.56 points o...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

Banks to Remain Open on Saturday and Sunday to Collect Hajj Applications

All designated branches of authorized banks will remain open on Saturday and Sunday to facilitate people to deposit appl...

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News Update

08

Dec 2023

Dec 08, 2023 • 5 min read

FBR to Document “Economic Transactions” of Unilateral Transfers of Gifts

The Federal Board of Revenue (FBR) will document economic transactions of unilateral transfers of gifts and personal rem...

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