June 29, 2022: After the United States and China, Pakistan is now the third-largest popular new seller on Amazon Marketplace with over 1.2 million registered vendors. Pakistan was allowed to enter Amazon in
June 28, 2022 (MLN): The Current Account Deficit (CAD) which remained high during the first three quarters of the current fiscal year, may decelerate and settle at around $1 billion in June 2022, Monthly
June 29, 2022 (MLN): The National Assembly on Wednesday has passed an amendment to impose a Rs50 per litre levy on petroleum products, Dawn reported today. Commenting on the above development, Finance Minister
June 29, 2022: Indus River System Authority (IRSA) Wednesday released 199,937 cusecs water from various rim stations with an inflow of 202,295 cases. According to the data released by IRSA, the water level
June 29, 2022 (MLN): International Monetary Fund (IMF) has set four tough conditions to revive stalled $6 billion loan program, Express Tribune reported today. These conditions were an increase in electricity tariffs, imposing
June 29, 2022 (MLN): The coalition government has started consultation on procuring Russian oil and gas at much cheaper rates than currently available in the international market. In this regard, the Petroleum Division
June 28, 2022 (MLN): ICT export remittances including telecommunication, computer and information services have dropped by 27% MoM to $183 million in May 2022, the lowest monthly number since February 2021, data revealed
June 29, 2022 (MLN): Pakistan received fresh external loans of $13.54 billion in 11 months of the ongoing fiscal i.e., July- May FY22 from multiple financing sources against the annual budget estimates of
June 28, 2022 (MLN): The All Pakistan Textile Mills Association (APTMA) on Tuesday requested Prime Minister Shehbaz Sharif to announce competitive prices of electricity and gas for the textile sector before June 30,
June 28, 2022: Deputy High Commissioner of Bangladesh in Karachi S.M. Mehboob-ul-Alam invited Pakistani businessmen to invest in Bangladesh as there exist potential opportunities in various economic sectors. Speaking at a seminar here,
June 28, 2022 (MLN): Pakistan’s trade deficit in services deteriorated by 2.87x YoY to $380 million in May 2022 from $132mn in the same month of the previous year, the monthly data released
June 28, 2022 (MLN): The Real Effective Exchange Rate (REER) index was recorded at 93.57 in May 2022, showing a drop of 2.40% compared to 95.87 in April 2022, the latest monthly data
June 28, 2022: The Securities and Exchange Commission of Pakistan (SECP) has initiated the process of constituting the panel of audit firms to conduct statutory audits of certain entities registered or licensed with
June 27, 2022 (MLN): Pakistan’s current account deficit (CAD) was recorded at $1.4 billion in May 2022, showing a jump of 2.3x when compared to a deficit of $618 million in April 2022,
June 27, 2022: Mr. Chen Yuncheng, the CEO of Industrial and Commercial Bank of China (ICBC) Karachi Branch said the efforts made by ICBC Pakistan to create awareness and understanding of RMB among the
February 1, 2022: The government of Pakistan has successfully raised $1 billion through the issuance of International Sukuk. The transaction generated great interest as leading global investors from Asia, Middle East, Europe and the US
February 1, 2022: Pakistan's IT sector is poised to grow exponentially in the coming months and years with Pakistan's IT exports growing from $2.1 billion to an approximate $3.5bn this fiscal year, Mr Barkan Saeed,
February 1, 2022 (MLN): The grey clouds of inflation are slowly turning black wiping every clue for the common man to meet both ends as the latest inflation numbers unveiled by the Pakistan Bureau of
February 1, 2022 (MLN): The total money supply circulating within the economy during the sixth month of FY22 has been recorded at around Rs28.27trillion, according to provisional accounts on Monetary Aggregates for the month, maintained
February 01, 2022: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded a public hearing into a petition of the Central Power Purchasing Agency's (CPPA-G) request for an Rs3.12 per unit increase in energy
February 01, 2022: The incumbent government was making all-out efforts to provide maximum facilities to expatriates and their dependents in the country, an official source told APP on Tuesday. A series of projects and schemes was
February 01, 2022: Minister of State for Parliamentary Affairs Ali Muhammad Khan on Tuesday informed the Senate that the Federal Cabinet has approved the design and implementation roadmap of the Competitive Trading Bilateral Contract Market
February 01, 2022 (MLN): People who have received all recommended COVID-19 vaccines, including any booster dose(s) can travel to Pakistan while properly wearing a well-fitted mask in indoor public places, the U.S. Centers for Disease
February 01, 2022 (MLN): Pakistan's yearly inflation rate (new base 2015-16) in January 2022 was 13 percent compared to 12.3 percent in December 2021 and 5.7 percent in January 2021. The July-January average inflation is
Feb 01, 2022: The Central Power Purchasing Agency (CPPA-G) has sought Rs3.12 per unit increase in power tariff for December 2021 under the monthly Fuel Cost Adjustment (FCA) mechanism. According to the petition submitted to
Feb 01, 2022: Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of February, increasing the commodity price by Rs119.12 per 11.8-kilogram cylinder. According
January 31, 2022 (MLN): Despite rising petroleum prices globally, the government on Monday kept petroleum product prices unchanged, rejecting OGRA’s proposal to increase POL prices by up to Rs. 16.79/Litre. According to a press statement
January 31, 2022: Federal Board of Revenue has successfully maintained the momentum of its growth trajectory in revenue collection as it collected net revenue of Rs 3,352 billion during July 2021 to January 2022 of
January 31, 2022: The Executive Committee of the National Economic Council (ECNEC) here on Monday approved the Punjab Arterial Roads Improvement Programme (PARIP) worth Rs. 129,944.15 million (US$ 773.20) to improve road infrastructure in the
January 31, 2022: Gas & Oil Pakistan Limited (GO), Pakistan’s fastest-growing oil marketing company has announced that it has decided to increase the salaries of its employees by up to 50%. Making the announcement, CEO,
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