March 26, 2019 (MLN): Karandaaz Pakistan has launched an online data portal with aggregates data on financial services and selected socioeconomic indicators for the country. The data is classified by segment—SME, Agriculture, Branchless
March 26, 2019: The tea imported into the country witnessed a decrease of 1.12 percent during the first eight months of the current fiscal year compared to the corresponding period of last year.
March 26, 2019 (MLN): A meeting of Economic Coordination Committee (ECC) of the Cabinet is scheduled to take place tomorrow March 27, 2019 at 9:30 a.m. in Islamabad, chaired by Minister for Finance,
March 26, 2019: Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of
March 26, 2019: Following the World Water Day celebrated last week, Pakistan Water and Power Development Authority (WAPDA) takes a giant leap forward for development of precious water resources in the country by
March 26, 2019: The government has paid a total of Rs. 908 billion to Benazir Income Support Programme (BISP) in last 11 years for helping the deserving families to become self-sufficient. From this
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March 26, 2019: A day-long first IEC Pakistan-China investment summit to update the Chinese entrepreneurs about the investment-friendly climate in Pakistan will be held on Sunday in Dalian, China. “Over 150 potential Chinese
March 26, 2019 (MLN): The International Monetary Fund (IMF) team, led by Mr. Ernesto Ramirez Rigo, arrived in Pakistan yesterday for a two-day visit. The team shall be meeting the Finance Minister Mr.
March 26, 2019 (MLN): The past few days’ trend observed at domestic capital markets has extended a shadow of concern over investors, as traders continue to lead sell-offs amid lack of positive triggers.
March 26, 2019: Finance Minister Asad Umar on Monday chaired a meeting of the Steering Committee of Economic Pillar of Saudi-Pakistani Supreme Coordination Council in Islamabad. The meeting reviewed and discussed the progress
March 26, 2019: Federal Minister for Petroleum Ghulam Sarwar Khan has said the matter of overbilling in gas sector would be adjusted in next two months. Talking to a private news channel, he
March 26, 2019: President Dr. Arif Alvi has invited the European Union to take advantage of improved business environment in Pakistan to invest in the country. He was talking to European Union's High
Paris, March 26: A 2.3 percent jump in global energy demand last year outstripped the expansion of renewables and helped drive record-high greenhouse gas emissions, the International Energy Agency (IEA) said Tuesday. Fossil
Hong Kong, March 26: Asian markets staged a tentative recovery Tuesday from the previous day's steep losses, with investors increasingly anxious about the state of the global economy. With a mixed lead from
Former president of the State Bank of Pakistan (SBP) Dr. Ishrat Hussain has said that the China Pakistan Economic Corridor is a good strategic option for progress. Delivering a talk on “Economy of Pakistan; past and
A meeting of the Federal Cabinet, chaired by Prime Minister Shahid Khaqan Abbasi, has approved changing the name of Ministry of Ports and Shipping to the Maritime Ministry. According to a press release, the cabinet
ISPR daylong Seminar on interplay of Economy and Security in collaboration with FPCCI being held at Karachi today. The seminar was earlier scheduled on 31 August but postponed due to weather hazard. Chief of
Gold held its own on Wednesday after Dollar recoupled early losses. Spot gold was unchanged at $1,287.70 an ounce by 0409 GMT. It touched its highest level since Sept. 27 in the previous session. U.S. gold futures
In an unconventional bizarre plea to US Shale producers, OPEC Secretary General Mohammad Barkindo urged the North American shale producers to share the responsibility of curbing the oil glut in the international markets. The Secretary
NTC has given final determination of anti-dumping duty on import of wall and floor tiles originating from China. The duty varies from 36.35% to 9.35% for a period of five years effective from Feb 19th,
In a new revelation, it has been notified that Pakistan State Oil has to pay Rs. 71 billion to Kuwait petroleum against oil imports. In addition to the amount owed to Kuwaiti Petroleum, PSO has
The International Monetary Fund (IMF) on Tuesday raised its global growth forecast for 2017 and 2018 due to a broad-based recovery in Europe, China, Japan and the United States. In its latest World Economic Outlook, the IMF forecast that the
A conglomeration of German and Chinese firms have jointly offered Sindh government three important health sector projects, including 200-beded cancer hospital, 200-bed Organ transplant hospitals and 30-50 bed emergency center on BuildOperate and Transfer (BOT)
National Security Adviser Nasser Khan Janjua says China-Pakistan Economic Corridor is a project of economic connectivity with an aim to boost the progression and prosperity not only of Pakistan but for the entire region. He was talking
A delegation of Retake and China Revenue Investment Company in a meeting with Chief Minister Syed Murad Ali Shah in Karachi on Tuesday expressed interest to invest in Health and Agriculture sectors. The delegation apprised the chief minister
Agriculture is our lifeline, millions of poor farmers expect a fair deal from global trading system, Federal Secretary Commerce, Mohammad Younus Dagha, said while addressing the WTO Ministers meeting in Marrakech, he strongly emphasized the
In a report titled “Dynamics of Pakistan’s Trade Balance with China”, State Bank of Pakistan staff members’ Mr. Junaid Kamal and Manzoor Hussain Malik have carried out an in-depth analysis of Pakistan and China’s relations
NEPRA has fixed the Multi Year Tariff (MYT) of K-Electric at Rs. 12.77 per unit. The Regulatory body has lowered the MYT by Rs. 2.83 per unit. Prior to the change in Tariff, the earlier
Finance Minister Muhammad Ishaq Dar has directed to ensure achieving financial targets in the remaining three quarters of the current fiscal year. Addressing a meeting of the Federal Board of Revenue in Islamabad on Monday, he appreciated
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