News & Updates

NEPRA Hikes Electricity Tariff for K-Electric Consumers By Rs. 1.52 Per Unit

The National Electric Power Regulatory Authority (NEPRA) on Thursday approved an increase in the per unit cost of electr...

FBR Starts New Plan to Bring Non-Filers into Tax Net, Over One Million Non-Filers Identified

The Federal Board of Revenue (FBR) has started implementation of an enforcement plan to bring one million non-filers and...

Rupee Ends 5-Day Win Streak Against US Dollar As IMF Bulls Fade

The Pakistani rupee reversed its 5-day win streak against the US Dollar today after opening trade at 285.75 in the inter...

Tax Haven: Corporations Win Big, But Who Loses?

As multinationals dodge billions in taxes, several European tax havens are among those attracting the biggest profits. A...

KSE-100 Inches Closer to Historic 59,000 Level After Gaining Over 700 Points

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Thursday, surging past the previous record of 58,198...

SECP-SBP Coordination Committee Convenes After 4-Year Hiatus

The thirtieth (30th) meeting of the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan...

Roshan Digital Account Inflows Cross $7 Billion Mark

Foreign exchange inflows through the Roshan Digital Account (RDA) have crossed the $7 billion mark, the State Bank of Pa...

IMF Demands Another Gas Bomb to Slash Circular Debt

The International Monetary Fund (IMF) has demanded Pakistan to hit the general public with another gas bomb having only...

Commerce Minister Meets Chinese Envoy to Discuss Cooperation in Trade, Investment

Caretaker Minister of Commerce & Industry Gohar Ejaz received Jiang Zaidong, the Ambassador of China to Pakistan for a m...

FBR Announces Deadline for Banks to Pay 40% Tax

The Federal Board of Revenue (FBR) has given a deadline of November 30, 2023, to banks for payment of 40 percent additio...

Exchange Companies Sell $150 Million to Banks in 13 Days

Exchange companies sold roughly $150 million to banks in the first 13 working days of November and plan to sell a furthe...

PSX Hits New All-Time High As Bulls Push KSE-100 Above 58,000

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Wednesday, surging past the previous record of 57,39...

Harnessing ITSM, ITAM, and ITIL for Enterprise Success: The Strategic Role of Wateen Telecom

In the intricate web of modern enterprise operations, the seamless integration of technology into every facet of busines...

Price of Gold in Pakistan Rises for the 2nd Consecutive Day

The price of gold in Pakistan rose for the second consecutive day on Wednesday to settle at Rs. 216,500 per tola. Accord...

Pak-Afghan Border Trade Back to Normal After Pakistan Halts New Visa Rule For 2 More Weeks

Border trade between Pakistan and Afghanistan resumed on Wednesday after Islamabad repealed a new visa restriction for t...

Taxmen Deputed at Factories Will Not Get Daily Allowance from FBR

The Federal Board of Revenue (FBR) has refused to grant Daily Allowance (D.A) to the officers/staff of Inland Revenue wh...

60% Pakistanis Willing to Accept Lower Salary to Work For Eco-Friendly Companies: GSMA Survey

A recent research conducted by GSMA Intelligence with support from Huawei revealed that about 60% of survey respondents...

Govt Rejects Mill Owners’ Proposal for Sugar Export

Pakistan Cables Marks 70th Anniversary in Collaboration with UET, Emphasizing Sustainable Engineering

‘Ignite Possibilities’ – a collaboration between Pakistan Cables Limited (PCL) and the University of Engineering and Tec...

Pakistan to Share Pension-Related Plan with IMF

The federal government is working on a plan related to pension expenses, on the demand of the International Monetary Fun...

Govt to Offer 30% Equity in Ghazi Barotha Project To Fund Diamer-Bhasha Dam

The government of Pakistan has devised a unique strategy to raise $700-800 million for financing the Diamer-Bhasha Dam b...