July 4, 2022 (MLN): Pakistan's merchandise trade deficit reached an all-time high of $48.67 billion in FY22 compared to $30.9bn in FY21, marking a growth of 57% YoY, provisional data from official sources
July 3, 2022 (MLN): The federal government on Sunday notified five-day Eid ul Azha holidays in the country. According to a notification by the Prime Minister's Office, the Eid-ul-Azha holidays will be observed
July 03, 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
July 03, 2022 (MLN): The economic roundup contains the recent economic developments and financial data releases over the course of the week to keep an eye on next week’s trend. Pakistan's yearly inflation
July 2, 2022: The Federal Board of Revenue (FBR) on Saturday clarified about enhanced rate of Federal Excise Duty (FED) on international air ticket. The Federal Board of Revenue(FBR) has stated that Federal
Pakistan Ambassador to the United States Masood Khan has said that Pakistan’s year-on-year exports to the US have increased by 23% and last year, the total volume of exports, for the first time,
Jul 01, 2022: Minister of State for Energy Mohammad Hashim Notezai on Friday said that additional 5,000 megawatts electricity would be added in the system by March 2023. Addressing the people during an
July 1, 2022: Federal Board of Revenue (FBR) has uploaded the Income Tax Return forms for tax year-2022, a press release issued said today. Separate Income Tax Return forms for Salaried, Association of
July 1, 2022: In light of the ongoing power supply constraints, K-Electric today announced a rationalized load-shed schedule for its customers. The revised schedule is effective July 1, 2022. This step is being
July 01, 2022 (MLN): Energy inflation driven by the withdrawal of fuel and electricity subsidies pushed headline inflation to touch a 13-year high of 21.3% in June 2022 from 13.8% in May 2022
July 1, 2022 (MLN): Following the hike in petroleum product prices, the Oil and Gas Regulatory Authority (OGRA) on Friday, increased Liquefied Petroleum Gas (LPG) price by Rs1.66 per Kg for the month
July 01, 2022: The US delegation led by Mr. Dilawar Syed, State Department’s Special Representative for Commercial and Business Affairs showed their interest in investments in various sectors including wind, renewable energy, textile,
July 01, 2022 (MLN): Pakistani startups have raised around $104 million in the second quarter of 2022, down by 41% QoQ from $177M due to a slowdown in VC funding amid global macro
July 01, 2022 (MLN): Despite being in the sweet spot on the notable depreciation of the Pakistani rupee (PKR) against the US dollar, the textile exports will likely witness a loss of $1
Jul 01, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 3.63% during the week ended Jun 30, 2022 while the SPI increased by 32.01% compared to the
February 6, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The State Bank of Pakistan has received
February 5, 2022 (MLN): As a result of IMF's board approval to release the 6th tranche worth $1.053 billion, the Pakistani rupee (PKR) witnessed a sharp recovery against the US dollar and going forward the local
February 4, 2022: The State Bank of Pakistan on Friday said that it has received $1.053 billion from the International Monetary Fund after the successful completion of 6th review of Extended Fund Facility (EFF) programme
February 05, 2022 (MLN): Foreign investors sold Rs12.78 million worth of securities duirng the week ended January 28, 2022, whereas last week, the accounts observed a net purchase of Rs709.63 million. According to a weekly
February 4, 2022 (MLN): Moody’s Investor Service, in its latest report issued today, projected the current-account deficit will widen to 3.0%-3.5% of GDP in the fiscal year 2022 (ending June 2022). The IMF disbursement will
February 04, 2022 (MLN): After three weeks decline, the Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 1.35% WoW for the week ended February 03, 2022, weekly data released by the
February 4, 2022: The SECP licensed digital lending Non-Bank Finance Companies (NBFCs) made rapid progress and started to show disruption in Pakistan's lending landscape and are proving to be significant in furthering the journey of
February 04, 2022: Federal Minister for Industries and Production Makhdum Khusro Bakhtyar has urged the senior officials of his ministry to chalk out a framework to connect the competitiveness of SMEs to LSM in upcoming
February 4, 2022 (MLN): The government on Thursday has revised the profit rates on National Savings Schemes certificates with effect from February 4, 2022. According to the notification issued by Finance Division, the profit rate has
February 4, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs772.2 billion into the market for 7 days at 9.85 percent. Summary of OMO Result
February 04, 2022 (MLN): The United States of America (USA) remained the top destination of Pakistan’s exports in January 2022 with $570 million worth of shipments against the exports of $456mn recorded in the same
February 4, 2022 (MLN): In order to encourage the Exchange Companies to mobilize home remittances, the Government of Pakistan has introduced an incentive scheme on Thursday. According to the circular issued by SBP yesterday, exchange
February 3, 2022 (MLN): Honda Atlas Cars Limited (HCAR) has unveiled the new models of “All New Honda Civic 2022” with prices ranging from Rs5 million to Rs6.14mn, as per the announcement made by the
February 3, 2022 (MLN): In a recent development, the Sui Southern Gas Company (SSGC) has unearthed fifteen large industrial units using illegal gas compressors/pumps which are used to increase the gas pressure, Hammad Azhar informed
February 3, 2022: The Overseas Investors Chamber of Commerce and Industry (OICCI) members, comprising of top 200 foreign investors, recognize the growing importance of women towards creating an enabling environment necessary to accelerate the economic
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