June 03, 2022: Federal Minister for Information Technology & Telecommunications Syed Aminul Haq has informed that a piece of land at a cost of Rs31 billion has been acquired from Civil Aviation Authority
June 03, 2022: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees has totally rejected the unlawful increase in electricity base tariff by Rs7.90 per unit for next budgetary year 2022-23 likely
June 03, 2022 (MLN): Moody's Investors Service has revised Pakistan Water and Power Development Authority's (WAPDA) outlook to negative from stable. At the same time, Moody's has affirmed the company's B3 corporate family
June 03, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined consumption group recorded an increase of 2% for the week ended on June 02, 2022 which was the highest weekly
June 03, 2022 (MLN): The State Bank of Pakistan (SBP) conducted two Shariah Compliant Mudarabah based Open Market Operation (OMO) today, in which it injected Rs300.7 billion and 295 billion into the market
June 03, 2022 (MLN): Pakistan’s Textile sector exports have reached all time high of $17.67 billion during 11MFY22 as compared to $13.76 billion in the corresponding period a year earlier, depicting a growth
June 03, 2022: China's internet sector saw steady growth in business revenue in the first four months of the year, data from the Ministry of Industry and Information Technology showed. The business revenue
Jun 03, 2022: Central Directorate of National Savings (CDNS) on Friday attained the target of issuing Rs1000 billion fresh bonds in the last 11 months of current fiscal year 2021-22 from July 1st
June 03, 2022: Efficient, timely, and reliable data dissemination is a core undertaking of central banks across the world. Open data availability supports informed decision-making by households, firms, governments, academics, and other stakeholders,
June 03, 2022 (MLN): Sindh government has decided to cut the petrol quota of ministers and government officials by 40% to share the burden of the general public who have been suffering from the
June 03, 2022: Minister for Finance Miftah Ismail Friday said that the upcoming budget 2022-23 will focus on the better livelihood of the poor people and small traders as the government will present
June 03, 2022 (MLN): Amid soaring international coal prices, supply chain concerns amid Russia-Ukraine chaos and PKR depreciation, cement manufacturers in the North region have increased cement prices by Rs20/bag, effective from today
Jun 03, 2022: Federal Minister for Energy Khurram Dastgir Khan on Friday said that the recent trip of Prime Minister Shehbaz Sharif to Turkey would attract Turkish investment in the energy sector and
June 03, 2022 (MLN): Pakistan will shortly receive $2.3 billion from China as Chinese banks have agreed to refinance the said amount in debt which would give some respite to the dwindling foreign
June 02, 2022: Federal Ministry of Information Technology and Telecommunications (MoITT) has launched three more projects worth Rs5 billion for 6 districts of Sindh, said a press release issued today. These projects will
December 28, 2021: In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National
Dec 28, 2021: The government has disbursed a sum of Rs 23,911.77 million for various power division schemes under Annual Public Sector Development Programme (PSDP) for Year 2021-22 so far. According to the data, the
December 28, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs64 billion into the market for 3 days at 9.8 percent. Summary of OMO Result
December 28, 2021 (MLN): As fears of Omicron remain unfounded with little to no impact on commodity prices, Pakistan is now facing another set of risks that will test the fiscal as well as monetary
Dec 28, 2021: The average monthly economic indicator (MEI) for the first five months of current fiscal year (2021-22) indicates that average economic growth of the country during the period could be estimated at around
Dec 28, 2021: The Central Development Working Party (CDWP) on Monday approved one development project with a cost of Rs. 528.383 million and recommended another project worth Rs. 191.19 billion to the Executive Committee of
Dec 28, 2021: The Federal Board of Revenue (FBR) will negotiate double taxation agreement with Afghanistan in second round of negotiations on Double Taxation Agreement (DTA), as reported by APP. A four-member delegation from Afghanistan
December 27, 2021: Minister for Communications and Postal Services Murad Saeed on Monday said that National Highway Authority (NHA)'s total revenue saw a jump of Rs99 billion in the last three years. In a tweet,
December 27, 2021 (MLN): Shaukat Fayaz Ahmed Tarinn has taken oath as Finance Minister today as per which he would be holding the portfolio of Minister for Finance. President Dr. Arif Alvi administered the oath while the swearing-in ceremony was held
December 27, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs49.95 billion into the market for 4 days at 9.8 percent. Summary of OMO Result
December 27, 2021: Minister for Energy Hammad Azhar on Sunday clarified some 'misconceptions' about the availability and consumption of Furnace Oil (FO), saying it was 'well stocked' to meet the winter energy needs of the
December 27, 2021: The wheat sowing period is the most critical period for the crop and any issues arising should be catered to timely in order to stay on track, stated by Syed Fakhar Imam,
December 27, 2021: Pakistan Railways (PR) has earned around Rs200.33 billion during the last four years and also significantly decreased its working expenses to transform the organization into a profitable entity, a railway official told
December 27, 2021: The investment climate in Pakistan is pragmatic, and needs various corrective measures like decreasing the government's footprint in the economy, stated by Dr. Nadeem ul Haque, Vice-Chancellor, Pakistan Institute of Development Economics
December 26, 2021 (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
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