News & Updates

News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Is Engro Really Shutting Down in Pakistan?

Engro Corporation Limited (PSX: ENGRO) on Monday dismissed reports of closing operations in Pakistan. “In response to re...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

U Bank Pledges Commitment to Inclusivity on International Day of Persons with Disabilities 2023

U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, proudly pledged its unwavering commitment to financia...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

JS Bank Inaugurates New Branch at Hala, Matiari

JS Bank, one of the fastest-growing banks in Pakistan, announced the opening of its new branch in Hala, Matiari, Sindh....

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Pak Suzuki is Ready to Delist Itself From Pakistan Stock Exchange

Pak Suzuki Motor Company Limited (PSMC) has submitted a formal request to delist from the Pakistan Stock Exchange, the a...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Pakistan Remains ‘Missing’ from IMF’s Executive Board Meeting Schedule

The International Monetary Fund (IMF) Executive Board has issued meetings scheduled till 14th December 2023, but Pakista...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Senate Panel Urges to Lift Ban on Vehicle Imports For Disabled Persons

A meeting of the Senate Standing Committee on Commerce was held under the chairmanship of Senator Zeeshan Khanzada today...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Telenor Microfinance Bank Turns The Tide in Q3 2023 After Huge Losses Last Year

After a prolonged period of losses, Telenor Microfinance Bank’s income statement finally swung into a profit of Rs. 415...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Matco Foods Ltd Commences Operations At New 4,000 MT Plant

Matco Foods Limited (PSX: MFL) has commenced operations of its new 4,000 MT per year Dextrose Monohydrate Plant, the com...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

KSE-100 Rallies By Nearly 1,000 Points to A New High [Updated]

The Pakistan Stock Exchange (PSX) rallied to a new all-time high, surging past the previous record of 61,691 and breachi...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

CDA Declares One More Housing Scheme in Islamabad Illegal

The Capital Development Authority has declared one more housing scheme in Zone 5 illegal. According to the document, the...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

PCB Warned to Stay Away From Gambling Sponsorships for PSL

The Securities and Exchange Commission of Pakistan (SECP) has advised the Pakistan Cricket Board (PCB) not to make any a...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Alarms Raised Over Lack Of Funds For Upcoming General Elections

Update: The Finance Secretary has assured the Chief Election Commissioner that funds will be released to the ECP in the...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

inDrive Partners with Vlektra to Pave the Path Towards Sustainable Transportation in the Country

inDrive, a leading ride-hailing company, is proud to announce its groundbreaking partnership with Vlektra, a cutting-edg...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Chairman NAB Announces to Launch New Policy for Housing Schemes

In a significant move aimed at regulating the housing sector, the Chairman of the National Accountability Bureau (NAB) h...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Sindh Achieves 4 Million Bales Target Before Punjab for the First Time in 10 Years

Pakistan’s Cotton arrivals have surpassed 7.7 million bales till 30th November, up 81 percent year-on-year against 4.28...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

RDA Declares Four More Housing Schemes in Rawalpindi and Taxila Illegal

The Rawalpindi Development Authority (RDA) has served notices to four unauthorized housing societies in the garrison cit...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

United Insurance Acquires Entire Business of SPI Insurance

The Honorable High Court of Sindh has sanctioned the scheme of merger, transferring the entire undertaking and business...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Rupee Gains More Ground 5th Day In a Row Against US Dollar

The Pakistani rupee rose 5th day in a row against the US Dollar today after opening trade at 285 in the interbank market...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Daylight Robbery: Millions of Electricity Consumers Were Overcharged in July and August

An inquiry committee set up by National Electric Power Regulatory Authority (NEPRA) has recommended initiating legal pro...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

FBR to Regularly Collect Data on Foreign Travelers For Tax Purposes

The Federal Board of Revenue (FBR) is making serious attempts to obtain data on foreign travelers from the Immigration a...

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News Update

04

Dec 2023

Dec 04, 2023 • 5 min read

Petroleum Sales Dip 11% in November Due to Higher Prices, Economic Slowdown

Petroleum sales in the country declined by 11 percent on a year-on-year basis in November 2023 and stood at 1.37 million...

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