Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Weekly SPI takes the largest leap in 5 weeks

March 8, 2019 (MLN): Pakistan’s Sensitive Price Index (SPI) for combined group during the week ended March 8, 2019 has increased by 1.16% over the week and by 11.72% over the year, i.e.

Turkey extends SEF proposal to Pakistan, FTA on cards

March 8, 2019 (MLN): Following the successful visit of Prime Minister Imran Khan to Turkey in January 2019, major progress is taking place in operationalizing the Strategic Economic Framework (SEF) between Pakistan and

IT Minister willing to digitalize governance systems

March 8, 2019 (MLN): Federal Minister for Information Technology and Telecommunication Dr. Khalid Maqbool Siddiqui called on CEO Smart Dubai Wesam Al Abbas Lootah in Dubai and discussed digital transformation of governance in

EU official warns US could break global trading system

Washington, March 7: EU Trade Commissioner Cecilia Malmstrom warned Thursday that US actions threatened to “break” the global trading system and she urged Washington to cooperate on reforming the rules of commerce instead.

Pakistan wants to increase trade with Iran

ISLAMABAD, Mar 07: State Minister for Parliamentary Affairs on Thursday informed the Senate that Pakistan was very keen to enhance trade with the neighboring country Iran, but global embargoes were the main hindrance.

China right in aiming to boost consumption: IMF

Washington, March 7: China is right to aim its stimulus policies at boosting domestic consumption since that will produce better quality economic growth, the International Monetary Fund said Thursday. Beijing this week announced

Saudi Minister of State for Foreign Affairs calls on PM

ISLAMABAD, Mar 7: Prime Minister Imran Khan Thursday recalling the landmark February 17-18 visit of Saudi Crown Prince to Pakistan, expressed the confidence that decisions regarding release of 2107 Pakistani prisoners and increase

US stocks fall as ECB cuts growth outlook

New York, March 7: Wall Street stocks fell in early trading on Thursday, extending a negative streak as the European Central Bank slashed its growth forecast. The Dow Jones Industrial Average, which has

International IT Companies see Pakistan as growing market: US envoy

The United States ambassador to Pakistan David Hale said, Pakistan strategically located at the crossroads of Asia and the Middle East, was becoming a destination for International Information Technology (IT) Companies looking for growing markets. In his address at the

Afghan traders charged heavy taxes at Indian airports

The Afghanistan Chamber of Commerce and Industries (ACCI) deputy head has said Afghan traders exporting fruits to India were charged heavy taxes at Indian airports. Khan Jan Alokozai told Pajhwok Afghan News in an interview that some

Decision to involve private sector in gas distribution lauded

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid Hussain on Wednesday lauded the decision of

VMware partners with Meezan Bank to expand IT infrastructure

VMwareInc.(NYSE: VMW), a global leader in cloud infrastructure and business mobility, has signed an agreement with Meezan Bank, Pakistan’s first and largest Islamic bank to modernize the bank’s IT infrastructure across 571 branches in 146cities

PM Chairs Meeting on Trade and Exports

Prime Minister Shahid Khaqan Abbasi chaired a high level meeting to review trade balance and measures to boost exports. Ministry for Commerce presented various short term and medium term options to increase exports and contain

Senate passes Corporate Rehabilitation Bill, 2017

ISLAMABAD, September 12: The Senate of Pakistan has passed the Corporate Rehabilitation Bill, 2017. The Minister for Law, Zahid Hamid, moved the Bill. Senator Saleem Mandviwalla also supported the Bill, saying that the Standing Committee had