March 10, 2019: Work on establishing seven Special Economic Zones (SEZs) in Punjab is underway on fast track. This was informed by Secretary Industries, Commerce and Investment Nadeem Rehman while briefing Prime Minister
During the outgoing week, capital market was remained in trouble as de-escalating tensions between Pakistan and India is going on but there is still chance of LoC clashes. Consequently, KSE-100 Index revealed a
London, March 10: British MPs will vote on a draft Brexit deal on Tuesday aimed at ensuring a smooth exit from the European Union to be followed by a transition period that could
Market Data and Economic Indicators Weekly Performance Mar 08, 2019 Mar 01, 2019 PKR InterBank 138.5459 138.5327 KSE100 Index 38,950.23 39,539.02 Avg Daily Volume 114,174,548 160,046,070 Gold (Karachi) Rs/10 gm 58,942 58,900
KARACHI, Mar 09: Federal Finance Minister Asad Umar on Saturday called for running the banking sector on modern lines to bring about an economic revolution in the country. Addressing an event of the
ISLAMABAD, March 9: Spokesman of the Finance Ministry Dr Khaqan Najeeb Saturday said the country was expecting to receive $ 21 billion foreign remittances during the current fiscal year. A significant increase was
London, March 9: British and EU officials were meeting Saturday to try again to break the deadlock over their divorce deal, less than three weeks before Brexit. The two sides are trying to
Islamabad: March 9, 2019 Finance Minister Asad Umar has asked President of Financial Action Task Force (FATF) Marshall Billingslea to appoint any other member of FATF as co-chair of the Asia-Pacific Joint Group,
March 9, 2019 (MLN): Chairman Board of Investment Haroon Sharif says government is focusing on attracting local and foreign investment in real sectors, for industrial growth, exports and its creation in the country.
Washington, March 9: US job creation ground to a virtual halt last month, the government reported Friday, a blow to President Donald Trump's hopes for undiminished economic growth this year. But after the
London, March 8: World stock markets plunged Friday as fears over the global economy were fanned by weak US job creation figures, a European Central Bank growth forecast downgrade and data showing Chinese
March 8, 2019: The ministry of finance on Friday clarified a report in a section of media which contends that the government has borrowed Rs.2.9 trillion in just 7 months to finance budget
March 8, 2019: European Union is close to finalizing the ‘Strategic Engagement Plan’ with Pakistan and the 28 member bloc would also strive for a “constructive and open” engagement between Islamabad and Delhi.
March 8, 2019: Minister for Power Omar Ayub Khan Friday informed Senate that Electricity Distribution Companies (DISCOos) had been directed to recover the outstanding dues of Rs 42.453 billion, owned by the federal
March 8, 2019: Pakistan-Qatar Investment Forum would be held on March 10, where business leaders from both sides would discuss the agenda of mutual cooperation in tourism, agriculture, finance, financial technology and energy
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Tuesday asked the government to take steps to improve the economic situation for which future economic direction should be the first step. Seventy years into its
The Boards of Younus Brothers Group Pakistan and Sapphire Group announce their investment decision for ENERGAS LNG Terminal to be developed at Port Qasim. The LNG terminal is designed to berth a FSRU of 173,340
The Asian Development Bank (ADB) and Pakistan today signed a $335 million loan to help develop a Bus Rapid Transport (BRT) system in Peshawar, the capital city of Khyber Pakhtunkhwa province. The project will improve
The Federal Minister for Commerce, Mohammad Pervaiz Malik said this in a meeting with U.S Ambassador to Pakistan, Mr. David Hale who called on the Federal Minister for Commerce today. The Commerce Minister said that
Federal Minister for Planning, Development and Reform and Deputy Chairman Sartaj Aziz said that Pakistan has been suffering from a multi dimensional energy crisis during the past decade. Power shortages coupled with high cost of
The figures posted on the Pakistan Bureau of Statistics have been revised downward and now the exports for the month of August have been 1.86 billion dollars versus earlier figures of 2.069 billion dollars. Since
According to figures released by the PBS, Pakistan’s trade deficit was $3.423 Billion in August 2017, compared to a deficit of $3.204 Billion in July 2017 and a deficit of $2.65 Billion in August 2016.
The President and CEO of National Bank Pakistan (NBP) Mr. Saeed Ahmad visited the Gwadar region to assess prospects for NBP to play an active role for participation in business opportunities and to strategically focus
The government has released over Rs 132.87 billion under its Public Sector Development Programme (PSDP) for the fiscal year 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion. The released
Pakistan’s total tax revenue witnessed gradual increase from 10.6 per cent of Grand Domestic Product (GDP) in 2000 to 12.6 per cent of GDP in 2016. According to a report released by Asian Development Bank
About 24,393 metric tons of fresh fruits worth US$ 19.483 million was exported during the first month of current financial year as compared the exports of the corresponding period of last year. According the data
The Federal Board of Revenue (FBR) would brief the Senate Committee on Finance, Revenue and Economic Affairs on the issue faced by importers on the import of solar power generator systems during its upcoming meeting
Pakistan and Bosnia have agreed to enhance bilateral trade and withdrawal of double taxation system. The agreement was reached during a meeting between President Mamnoon Hussain and Bosnian counterpart and Herzegovina Bakir Izetbegovic, on the sidelines of OIC
The oil markets reacted positively to Saudi Arabia's talks of extending supply cuts in the coming months. The Saudi Arabian Oil Minister discussed a possible extension of cuts with his Venezuelan and Kazakh counterparts. News
The Federal Board of Revenue has imposed 0.5 percent tax on business done through online trading. According to the amendments posted on the website of Federal Board of Revenue for the year 2017-18, a new
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