March 18, 2019 (MLN): National Electric Power Regulation Authority (NEPRA) has admitted a petition filed by Tapal Energy Private Limited for determination of tariff for proposed extension in Power Purchase Agreement (PPA) for
March 18, 2019: Tajikistani investors and business community are keen to take advantage of package of incentives offered to foreign investors by Prime Minister Imran Khan, which would help both the countries to
March 18, 2019 (MLN): Imports into Pakistan during the month of February, 2019 amounted to Rs. 579,039 million (provisional), as against Rs. 624,644 million (provisional) in January, 2019, and Rs. 526,141 million during
March 18, 2019 (MLN): Asad Umar has said that Pakistan needs to bring capital market reforms to mobilize investments in equity and debt, as currently the market is over-regulated which is impeding its
March 18, 2019 (MLN): According to the provisional figures compiled by the Pakistan Bureau of Statistics, exports from Pakistan during February, 2019 amounted to $1,889 million (provisional) as compared to $2,043million (provisional) in
March 18, 2019 (MLN): Non-government sector has borrowed a sum of Rs.839.57 billion as of March 8, 2019, during the current fiscal year. According to the State Bank of Pakistan (SBP)’s weekly report
March 18, 2019 (MLN): The government sector’s net borrowing during current fiscal year (FY19) has accumulated to an amount of Rs.775.95 billion as of March 8, 2019, reported the State Bank of Pakistan
March 18, 2019 (MLN): Public sector spending in the first eight months of the current fiscal year amounted to Rs 373 billion. This means that out of the total allocation of Rs 675
March 18, 2019: Foreign Minister Shah Mahmood Qureshi is paying a four-day visit to China from today, to attend the First Pakistan-China Foreign Ministers’ Strategic Dialogue. A Foreign Office press statement said both
March 18, 2019: Asian markets rose Monday as investors tracked a positive lead from Wall Street on optimism over the China-US trade talks, while attention turns to the Federal Reserve's next policy meeting
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
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
The Asian Development Bank’s (ADB) Board of Directors has approved a $800 million multi tranche financing facility (MFF) to help enhance regional connectivity and trade in the Central Asia Regional Economic Cooperation (CAREC) corridors in
The Federation of Pakistan Chamber of Commerce & Industries, Pakistan Britain Business Council signed an MOU to boost trade ties between Pakistan and UK. The MOU was signed between Mr. Ishtiaq Baig , Vice President
Kurdistan’s referendum vote has brought its booming oil industry into the spotlight, the region is rich in oil resources. The controversial referendum, opposed locally and internationally, has prompted Turkish President Erdogan to threaten to cut
President Mamnoon Hussain has said that the bright and prosperous future of the region is linked with China-Pakistan Economic Corridor (CPEC) project. He was addressing the concluding ceremony of Maritime Security workshop as Chief Guest
KSE-100 index started the day with a rally prompted by fertilizer stocks as prices for Urea Spot rose in the international markets. FFC (+4.97%), EFERT (+3.90%), DAWH (+2.01%), FATIMA (+3.01%) and FFBL (+2.66%) saw heavy
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 Monday said thousands of industrial units want
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