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

MPS Preview: High for Longer

RDA: Inflows jump by 32% in June

RDA: Inflows jump by 32% in June

July 05, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) have increased by 32% MOM and reached $4.6 billion by June 2022 since its launch in September 2020, the latest data

FY23: Difficult times ahead!

FY23: Difficult times ahead!

July 05, 2022 (MLN): Swelling tides of daunting challenges throughout the fiscal year 2022 have continuously been hinting that economic fundamentals are off the charts, obstructing a way to experience any sigh of relief

SBP to conduct 73-day OMO today

SBP to conduct 73-day OMO today

July 5, 2022 (MLN): The State Bank of Pakistan (SBP) announced that it will conduct a 73-day OMO today to inject funds into the market. The quotes timing is 11:30 PST while the

IMF programme is on track: Miftah Ismail

IMF programme is on track: Miftah Ismail

July 05, 2022: Federal Minister for Finance and Revenue, Miftah Ismail said here on Monday that Extended Fund Facility (EFF) programme with the International Monetary Fund (MF) was on track. The minister said

Textile exports cross $19bn mark in FY22

Textile exports cross $19bn mark in FY22

July 04, 2022 (MLN): Textile exports were recorded at $19.35 billion in the outgoing FY22, showing an upsurge of 26% YoY when compared to $15.41bn in FY21, according to the data issued by

IRSA releases 290

IRSA releases 290,148 cusecs water

July 04, 2022: Indus River System Authority (IRSA) on Monday released 290,148 cusecs water from various rim stations with an inflow of 409,325 cases. According to the data released by IRSA, the water

OMCs’ sales up by 16% in FY22

OMCs’ sales up by 16% in FY22

July 04, 2022 (MLN): Pakistan’s oil marketing companies (OMCs)’ sales stood at 22.6 million tons (MTs) in the outgoing FY22, showing an increase of 16% YoY, which was much better than the last

Karachi sees improvement in gas pressure: Hammad Azhar

February 07, 2022 (MLN): The citizens of Karachi have started observing dramatic improvement in gas pressures after the operation against illegal pumps and compressors installed in multiple industrial units in Karachi, said Hammad Azhar in

PM approves formation of Pakistan Cotton Authority

February 07, 2022: Prime Minister Imran Khan on Monday principally approved the formation of Pakistan Cotton Authority to ensure the provision of quality seed, monitoring and enhancing the yield. The prime minister, chairing a meeting to

Pakistan, KSA for strengthening bilateral cooperation

February 07, 2022: Pakistan and the Kingdom of Saudi Arabia (KSA) on Monday reiterated the importance of further strengthening and diversifying bilateral cooperation in various areas of mutual interest during a meeting between President Dr

Pakistan looks to set up semiconductors zone: Minister

February 07, 2022: Pakistan has proposed an ambitious plan to build the semiconductors zone with the help of China, converting Pakistan to self-sufficiency in modern gadgets and opening new avenues for development, said Federal Minister for

FBR’s field formations to remain open on Saturdays

February 07, 2022 (MLN): In order to enhance the efforts to meet the revenue targets for the current fiscal year 2021-22, the Federal Board of Revenue (FBR) has announced that all field formations will remain

IRSA releases 55,587 cusecs water

February 07, 2022: Indus River System Authority (IRSA) Friday released 55,587 cusecs water from various rim stations with an inflow of 45,450 cusecs. According to the data released by IRSA, water level in the Indus

RDA: Inflows surge to $3.38bn by January

February 07, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $3.38 billion in January 2022 since its launch in September 2020, the latest data released by the State Bank of Pakistan showed.

NTC imposes anti-dumping duties up to 17.25% on imported steel

February 7, 2022 (MLN): The National Tariff Commission (NTC) Pakistan has imposed the definitive anti-dumping duty on the imported iron, non-alloy steel rolled coils/sheets from Chinese Taipei, European Union, South Korea and Vietnam, ranging from

SNGPL, SSGC repair 887km pipelines

February 06, 2022: The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have collectively repaired around 887-kilometer faulty pipelines and rectified 1447,342 leakages in line with the government strategy to bring

Weekly News Roundup

February 6, 2022 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic