News & Updates

News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Customs Seizes Smuggled Cigarettes Worth Rs. 156 Million in One Week

Pakistan Customs had constituted special teams to launch anti-smuggling operations against foreign-origin cigarettes bei...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Saudi Investors Take Pakistan’s FIA to Court Over Alleged Corruption Worth Billions

Saudi investors in K-Electric have petitioned the Islamabad High Court (IHC) to reprimand the Federal Investigation Agen...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Weekly Inflation Hovers Near 30% Due to Higher Gas, Food Prices

The Sensitive Price Index (SPI)-based inflation for the current week ended 9 November 2023 increased by 0.73 percent due...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

FBR to Include More Sectors in Electronic Sales Tax Integration System

The Federal Board of Revenue (FBR) will include new sectors/industries within the electronic sales tax integration syste...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

EduFi Raises $6.1 Million to Pioneer Student Loans in Pakistan

EduFi, Pakistan’s first study now pay later digital platform, has successfully raised $6.1 million in a pre-seed funding...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

AlfaMall by Bank Alfalah Offers BNPL at 0% Mark-Up on World’s Biggest Shopping Day

Bank Alfalah, a leading commercial bank in Pakistan, has made an exciting announcement ahead of the World’s largest shop...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Pakistan’s Public Debt Increases by 26% in One Year to Rs. 62.29 Trillion

The total public debt stock of the federal government increased by 26 percent on a year-on-year (YoY) basis in September...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

SECP Standardizes IPO Approval Process

The Securities and Exchange Commission of Pakistan (SECP) has notified a maximum period of 14 working days for granting...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

vivo V29e 5G Introduced in Pakistan at an Attractive Price of Rs. 109,999

vivo, a renowned global technology brand, has unveiled the price of its much-awaited vivo V29e 5G in Pakistan. This cutt...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

ECC Approves Recovery of Rs. 0.46 per Unit Surcharge From K-Electric Consumers

The Economic Coordination Committee (ECC) of the Federal Cabinet Friday approved the recovery of Rs. 0.4689 per unit sec...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Bank Deposits Surge By Rs. 80 Billion in October 2023

The deposits of the banking sector showed persistent growth going up by Rs. 80 billion in October 2023, as per data rele...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Privatization Commission’s Board to Meet Today to Discuss PIA Sale

The Privatization Commission Board of Directors is set to meet today to deliberate on the issue of privatizing Pakistan...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

PSX Crosses Historic 55,000 Level After Gaining Over 1,100 Points During Live Trade [Updated]

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 soared to an all-time high on Friday, surging past the previ...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

SBP Reserves Post Marginal Increase to Stay Above $7.5 Billion

The foreign exchange reserves held by the central bank increased marginally on a weekly basis according to data released...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Ernst & Young to be Appointed as Financial Advisor for PIA’s Privatization

The Board of Directors (BoD) of Privatization Commission has approved the appointment of British multinational Ernst & Y...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

NIC Karachi and The Asia Foundation Celebrate 4 Years of Empowering Women Entrepreneurs

NIC Karachi and The Asia Foundation marked a significant milestone in their collaborative journey by hosting the BuiltBy...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Pakistan’s Deploy Group Makes First Bold Stride in International Mobile Phone Market

Deploy Group, a powerhouse in Pakistan’s mobile industry, is making waves internationally with its own brand of mobile p...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

IMF Calls on Pakistan to Enforce Stricter Anti-Money Laundering Measures

The International Monetary Fund (IMF) has called on Pakistan to enforce more stringent Anti-Money Laundering (AML) measu...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

Wait is Over, Shop Now in Big 11.11 Sale Event

As the leaves fall and the air gets crisper, the shopping season is just heating up. The 11.11 sale for 2023 is here, an...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

The Ultimate Guide to Daraz 11.11 Sale’s Hottest Mega Deals

The countdown to Pakistan’s most awaited shopping extravaganza is ticking away! Daraz’s 11.11 Sale, renowned as the bigg...

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News Update

10

Nov 2023

Nov 10, 2023 • 5 min read

The Vlogging Phone You’ve Been Waiting For: Infinix ZERO 30 4G Now Available at Outlets Nationwide

Infinix ZERO 30 4G, featuring a 2k 50 MP front vlog camera is now available on outlets nationwide for Rs 59,999. Infinix...

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