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
June 28, 2022: The European Central Bank will go “as far as necessary” to fight inflation that is set to remain “undesirably high” for “some time to come”, its president said Tuesday. Soaring
June 28, 2022 (MLN): The amount of tax collection by the Federal Board of Revenue (FBR) for the first time reached Rs6 trillion in the fiscal year to date (FYTD). Last week, the
June 28, 2022: Prime Minister Shehbaz Sharif on Tuesday said the current economic scenario of Pakistan required tactical solutions to address economic problems and stressed rising above politics to sort out the financial
June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The
June 28, 2022 (MLN): Repatriation of profit and dividends by foreign investors increased by 7% YoY to $1.6 billion in 11MFY22 compared to the $1.50bn recorded in the same period of FY21, mainly
June 28, 2022 (MLN): National Prize bonds of various denominations issued by the government will not be redeemable after June 30, 2022, as per the statement issued by National Savings. The finance ministry
June 28, 2022 (MLN): The government of Pakistan has finally received the Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund (IMF) earlier this morning which is a crucial step
Jun 27, 2022: The Trade Development Authority of Pakistan (TDAP) should explore new markets to increase country's exports for which special attention will have to be paid to markets of Africa and the
January 28, 2022 (MLN): The government of Pakistan is likely to get the controversial State Bank of Pakistan (SBP) Amendment Bill 2022 passed in today’s meeting of the Senate which is currently underway. The meeting
January 28, 2022: Foreign Minister Makhdoom Shah Mahmood Qureshi called his counterpart in Abidjan Kandia Kamissoko Camara here on Thursday and discussed matters of bilateral interest. Identifying mutual trust as anchor of their fraternal ties,
January 27, 2022 (MLN): The State Bank of Pakistan (SBP) has raised Rs133.5 billion on Thursday, against the target of Rs100 billion by selling fixed-rate Pakistan Investment Bonds (PIBs). The Cut-off yields for all the
January 27, 2022 (MLN): The foreign exchange reserves held by the country dipped by $868 million or 3.7% WoW to stand at $22.48 billion during the week ended on January 21, 2022, compared to $23.35
January 27, 2022: The economy of the country continues to show healthy value-added creation as its cyclical position is largely balanced and the trend growth rate of potential output remains strong, according to the monthly
January 27, 2022: The Securities and Exchange Commission of Pakistan (SECP) has canceled the license of Trust Investment Bank Limited (TIBL) effective from November 1, 2018, due to its continuous violations of the NBFC Regulatory
January 27, 2022: Indus River System Authority (IRSA) Thursday released 40,017 cusecs water from various rim stations with an inflow of 50,082 cusecs. According to the data released by IRSA, water level in the Indus
January 27, 2022 (MLN): Repatriation of profit and dividends by foreign investors mostly remained flat during the first six months of this fiscal year (FY22), the central bank data showed on Wednesday. The SBP data
January 27, 2022: The number of 3G and 4G service users in Pakistan has significant increased and reached 108 million by end of December 2021, as per detail available at the official site of the
January 27, 2022: IBA Centre for Entrepreneurial Development (CED) and Topline Securities have signed an MoU to promote entrepreneurship and empower small businesses in Pakistan, a press release said today. Topline Securities, one of Pakistan’s
January 27, 2022 (MLN): The new waves of infection would expose the relative fragility of Pakistan’s health systems and in the event of further lockdowns or shocks to external demand, the economy would have comparatively
January 26, 2022: The State Bank of Pakistan (SBP) in collaboration with Multan Chamber of Commerce & Industry (MCCI) organized a two-day SME Mela on January 24-25, 2022, said a press release issued on Wednesday.
January 26, 2022 (MLN): Minister of Trade of Sri Lanka, Dr Bandula Gunawardhana expressed a keen desire to expand cooperation with Pakistan in diverse areas of trade and ICT during his visit to the Ministry
January 26, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs729 billion, against its target of Rs650bn. Despite SBP’s enough injection
January 26, 2022 (MLN): Minister of Energy Hammad Azhar on Wednesday said that 70% of smartphones are now assembled in the country after the launch of Mobile Manufacturing Policy adding the government's next step is
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