MG Morning Breeze: Updates to Skim before Market

May 16, 2025 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• Pakistan, U.S. hold talks on blockchain, AI cooperation

In a key move to enhance U.S.-Pakistan collaboration in the digital economy, Bilal Bin Saqib, CEO of the Pakistan. Read more

• K-Electric proposes Rs5.02/kWh relief in March FCA

K-Electric has submitted a provisional request for monthly fuel charge adjustment (FCA) for March 2025, proposing a relief of Rs5.02 per. Read more

• Big industry output increases 2% in March

The large-scale manufacturing (LSM) sector of Pakistan recorded an increase of 1.79% in March 2025 to 117.20. Read more

• SBP reserves rise $71m in a week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $70.6 million or 0.68% WoW to $10.4 billion during the week ended on May. Read more

• CAT upholds CCP fine on diamond paints for misleading ads

The Competition Appellate Tribunal (CAT) has upheld the decision of the Competition Commission of Pakistan (CCP) to penalize. Read more

• Senate Committee approves Captive Power Plants Levy Bill 2025

The Senate Standing Committee on Finance has unanimously passed the Captive Power Plants Levy Bill 2025. Read more

• Gold price in Pakistan falls Rs6,700 per tola

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs335,200 per tola, down Rs6,700. Read more

• PSX Closing Bell: You Are the Best Thing

The benchmark KSE-100 Index concluded Thursday’s trading session at 119,961.91. Read more

• Pakistan sees major progress in digital gender inclusion

Pakistan has made remarkable progress in bridging the mobile internet gender gap, with approximately 8 million. Read more

• PKR appreciates by 10 paisa against USD

The Pakistani rupee (PKR) rose by 10.19 paisa or 0.04% against the US dollar in Thursday’s interbank session to settle. Read more

• SME Leasing Board greenlights closure strategy

The Board of Directors of SME Leasing Limited has approved the company’s Winding Down Plan. Read more

• Prime wins bids for Sukhpur-II, Naing Sharif blocks

Prime International Oil and Gas Company Limited (Prime) has successfully secured onshore exploration blocks. Read more

• TRG Takeover Twist

In a significant development today, AKD Securities Limited issued a Corrigendum Notice, amending key statements in the Public Announcement of Offer (PAO). Read more

• OICCI submits tax proposals for FY 2025–26

The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted its comprehensive Taxation Proposals for. Read more

• Foreign currency deposits increase $110m in Apr

Foreign currency deposits rose $110m or 1.61% to $6.91 billion as of April 2025 compared to last month. Read more

• Bank deposits increase to Rs32tr in Apr

The total deposits held by scheduled banks have moved up by 1.8% to Rs32.32 trillion in April compared to Rs31.75tr by the end of last month. Read more

• Ahsan calls for shorter trade routes to Central Asian States

The establishment of the shortest possible trade linkages by road, rail, and sea with the Central Asian States has been strongly. Read more

• Mitchells Fruit Farms shareholders to sell entire stake

Mitchells Fruit Farms Limited  (PSX: MFFL) has been informed that two major shareholders have entered into a Share Purchase. Read more

• Fertilizer offtake declines in April 2025

The country’s overall nutrient offtake in April 2025 declined to 222 thousand tonnes, showing an 8.8% decrease compared to April 2024. Read more

• RDA attracts $177m in April

Total inflows into Roshan Digital Accounts (RDA) during April 2025 stood at $177 million. Read more

• Pakistan eyes stronger trade partnership with UAE

Pakistan has reaffirmed its determination to elevate ties with the United Arab Emirates (UAE) into a robust economic. Read more

• Why global investors eyeing Pakistan again

In a world where markets often ignore smaller economies until crisis strikes. Read more

• Rafhan Maize receives acquisition intent from Nishat Hotels

Rafhan Maize Products Company Limited has received a formal intention from Nishat Hotels and Properties Limited to. Read more

• ZIL Limited sees major stake transfer to TWF Holding

ZIL Limited (PSX: ZIL) has reported that TWF HOLDING L.L.C-FZ, wholly owned by Dr. Salomon Jacobus Van Rooijen, has acquired. Read more

• US proposes 5% remittance tax on immigrants

A new tax proposal introduced by House Republicans in the United States could bring a major financial burden. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Thursday issued the following exchange rates. Read more

• Asia stocks fall despite U.S.-China tariff pause

Asia-Pacific equities mostly retreated Thursday, following gains in the previous session sparked by eased. Read more

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