News & Updates

News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Faysal Bank Declared Best Emerging Bank at Pakistan Banking Awards

Faysal Bank, the leading Islamic Bank in the country, was declared the Best Emerging Bank at the Pakistan Banking Awards...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

ECC Approves Cash Credit Limits for Punjab and Sindh

The Economic Coordination Committee (ECC) of the Cabinet has decided to approve the Cash Credit Limit of Rs. 540 billion...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Pakistan Set to Unlock Financing of $1.5 Billion from Multilateral Donors

Caretaker Federal Minister for Finance Dr Shamshad Akhtar on Thursday said the country would get financial assistance fr...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

NADRA to Help FBR in Bringing Non-Filers Under Tax Net

In a major development, the government has given the primary role of documentation of economy to the National Database a...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Is The Fuse on Pakistan’s Hidden Debt Bomb Getting Shorter?

Ever since Pakistan’s so-called economic rebound took shape under the Gotham-inspired Special Investment Facilitation Co...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

PPL Commences Production from New Development Well Adhi South-6

Pakistan Petroleum Limited (PPL) has commenced oil and gas production from Adhi South-6, a new development well drilled...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

ECC Defers Decision on Increase in Medicine Prices

The Economic Coordination Committee (ECC) of the Cabinet on Thursday deferred the decision on the increase in maximum re...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Digitt+ Secures Commercial License from State Bank of Pakistan, Paving the Way for a Financial Revolution

Digitt+, a pioneering agri-fintech company, is thrilled to announce that it has been granted full commercial approval by...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

PSX Breaks All Records As KSE-100 Crosses 59,000 For The First Time Ever

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Friday, surging past the previous record of 58,899....

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Zong 4G Ensures Employee Safety with Fire Safety Awareness Month

Zong 4G, a leading telecommunication company, is committed to ensuring the safety and well-being of its employees. In ob...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

FBR Revises Customs Values on Import of Methyl Acetate

Directorate General of Customs Valuation Karachi has revised customs values on the import of Methyl Acetate from all for...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Senators Angry as SBP Officials Are Getting Up to 30 Times More Salary Than Parliamentarians

Senate members on Friday expressed their dismay over the exorbitant monthly salaries of public servants, with some high-...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Weekly Inflation Remains Over 41% Due to Costly Gas

The Sensitive Price Index (SPI)-based inflation for the current week, ended 23 November 2023, decreased by 0.06 percent,...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Price of Gold in Pakistan Registers Slight Decrease

The price of gold in Pakistan dropped for the second straight day on Friday to settle at Rs. 215,700 per tola. According...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Pakistan Can Become IT Hub in Next 5-6 Years: Report

Pakistan’s first-ever IT export strategy report reveals that Pakistan can grow its IT/ITeS export revenues up to $15 bil...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

ECC Allows Import of Urea for Rabi Season on G2G Basis

Federal Minister for Finance Dr Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

HBL Becomes Signatory to United Nations Women Empowerment Principles

HBL has become a signatory to the United Nations Women Empowerment Principles (WEPs), a set of seven principles develope...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Bank Financing for Cars Plunges 16 Months in a Row

Auto-financing plunged 16th consecutive month in October 2023, with the total car loan amount falling by 3 percent month...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

Army Chief Assures Unwavering Support to Govt’s Economic Initiatives

A special session of the Apex Committee of the Special Investment Facilitation Council (SIFC) was held today to foster s...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

FBR Tax Offices to Remain Open Tomorrow

The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations that the field offices shall remain...

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News Update

24

Nov 2023

Nov 24, 2023 • 5 min read

SECP Revokes Registration of New Hampshire Insurance Company as Insurer

The Securities and Exchange Commission of Pakistan (SECP) has revoked the registration of New Hampshire Insurance Compan...

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