March 18, 2019 (MLN): National Electric Power Regulatory Authority (NEPRA) is likely to increase fuel price adjustment for February 2019. According to a notice issued by NEPRA, Central Power Purchasing Agency Guaranteed Limited
March 18, 2019: Prime Minister Imran Khan has said a three week consultative process on ten year development plan for former FATA is being initiated. In a tweet today, he said the process
The government will introduce first-ever national emigration policy to devise comprehensive strategies to regulate welfare process of intending emigrants. According to the officials of the Ministry of Overseas Pakistanis and Human Resource Development,
March 18, 2019: Finance Minister Asad Umar says talks with the International Monetary Fund are in final stages. Talking to media in Islamabad, he said the government will have further negotiations with the
By Muzzammil Aslam PTI policy makers have not distracted from its policy set, yet to please any segment belongs to businesses, internal government, bureaucracy, bilateral partners or international multilateral agencies (including IMF). The
March 17, 2019: Pakistan imported medicinal product worth $656.092 million during the first seven months of current fiscal year, showing growth of 9.74 percent, when compared to the import of $597.844 million during
March 17, 2019: The Gross Domestic Product (GDP) is expected to grow at an average of 5.4 percent during the next five years, with highest growth of 6.7 percent to be witnessed in
March 17, 2019: Pakistan Standards Quality Control Authority (PSQCA) has issued around 27 licenses to the carbonated beverage companies for selling different kind of drinks during the last three years. The companies including
March 17, 2019: As many as 3.41 million of Pakistani workforce were sent abroad for different jobs during the last five years, the data shared by Bureau of Emigration and Overseas Employment revealed.
The departed week remain satisfactory from an economic perspective, as the Chairman of Securities and Exchange Commission Pakistan (SECP), Mr. Farrukh Sabzwari together with the World Bank launched a Corporate Sector Report on
ISLAMABAD, March 17: Pakistan is determined to start practical work on its section of the multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project during the current year and complete it within the stipulated time
Market Data and Economic Indicators Weekly Performance Mar 15, 2019 Mar 08, 2019 PKR InterBank 139.2795 138.5459 KSE100 Index 38,306.95 38,950.23 Avg Daily Volume 93,270,362 114,174,548 Gold (Karachi) Rs/10 gm 59,414 58,942
March 16, 2019 (MLN): A mission from the IMF is expected to visit Pakistan next month to hold decisive talks on the bailout package. The Finance Minister, while addressing the media, said that
“There will be no raid on business premises and the show cause notices already issued in this respect will be withdrawn” this was stated by Dr. Jehanzaib Khan, Chairman Federal Board of Revenue
ISLAMABAD, Mar 16: The textile exports from the country witnessed an increase of 1.38 percent during the first eight months of the current fiscal year compared to the exports of the same period
Brent prices in the international markets have been hovering around their 2 year highs as worries mount over Turkey blocking Iraqi oil exports from its ports. Turkey threatened to cut off the pipeline that carries
A release by State Bank of Pakistan revealed that, total Dividend payments/Profits 332 mill USD during Jul-Aug, FY18. Dividend payments of Total FDI went up by 63% during the year, compared to total amount OF
According to the Pakistan Central Cotton Committee data, heavy rains in Thatta, Badin, Tharparkar, Umerkot, Mirpur Khas and Sanghar Districts have damaged the quality of Cotton, lowering the seed cotton prices in the respective districts.
Global Competitiveness Report, edited by Professor Klaus Shcwab released on 26th September, 2017 has elevated Pakistan’s ranking in Global Competitiveness Index to 115th position up from last year’s 122nd rank. The report mentions that, South
The Asian Development Bank (ADB) and the Beijing-based Asian Infrastructure Investment Bank (AIIB) can cooperate to meet Asia's infrastructure financing needs, ADB chief economist Yasuyuki Sawada said here on Tuesday. Infrastructure needs in Asia and the Pacific are
World Bank delegation comprising of Senior Urban Economist Ms. Yoonhee Kim, Global Lead City Management and Finance Roland White, Senior Public Sector Specialist Raju Awasthi and others called on Mayor Karachi Wasim Akhtar in his
The special central judge has Tuesday announced to indict former Securities & Exchange Commission of Pakistan (SECP) chairman Zafar Hijazi on October 4 in the record tampering case of Sharif family’s Chaudhry Sugar Mills. Judge Irum Niazi
Ministry of Communications has launched most of its projects in Baluchistan among all provinces. Baluchistan will be connected with other provinces, with new projects very soon. It was briefed to the Standing Committee by NHA. It was told to
Rice worth US$ 223.937 million has been exported during the first two months of current financial year. During the period from July-August, 2017 rice exports from the country grew by 40.36 percent as compared to
President of the Federation of Pakistan Chambers of Commerce and Industry Zubair Tufail has said Pakistan offers huge opportunities to foreign investors in the agriculture sector that include crops, seeds, livestock, farming, and processing. Foreign investors could
US Equities went down as North Korea treated US statements as a declaration of war against the hermit state, saying it has the authority to shoot any US planes entering in her Airspace. Gold steadied
National Fertilizer Development Centre today released Fertilizer off take data for the month of August. Total Fertilizer Sales – August, 2017 Total Fertilizer sales during the month of August, 2017 were 534 thousand tonnes compared
Mr. Younus Dagha addressing the Senate Committee on Trade and Textile said that, positive progress has been made on Free Trade Agreement with China. Chinese authorities have agreed to our requests for access to data
Asian Development Bank in a recently report said the growth in Pakistan to accelerate in current fiscal year however hints that if remittances and exports failed to maintain the rising trend the government would have
Growth remains strong across most of developing Asia as a result of the broad-based recovery in global trade, robust expansion in major industrial economies, and improved prospects for the People’s Republic of China (PRC). This
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