June 02, 2022 (MLN): The total liquid foreign exchange reserves held by the country declined by $378 million or 2.3% WoW to stand at the lowest level of $15.77 billion, the lowest since
June 02, 2022 (MLN): National Electric Power Regulatory Authority (NEPRA) on Thursday increased the power tariff by Rs7.9078/kWh to Rs24.82/kWh for FY23, said a press release issued today. The notable jump in power
June 02, 2022 (MLN): The federal government on Thursday increased the price of petrol and diesel by Rs30 per litre to Rs209.86 per litre, Federal Minister Miftah Ismail informed during a press conference.
June 2, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail directed to expedite the process for import of edible oil from Malaysia and Indonesia to ensure smooth supply to the consumers,
June 2, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail emphasized Jewelers Association to play due role in strengthening of the national economy by enhancing the export of Jewelry, a press
June 02, 2022 (MLN): Pakistan's merchandise trade deficit for the month of May 2022 clocked in at $4 billion compared to a deficit of $3.78bn in the preceding month, depicting a growth of
June 02, 2022 (MLN): Moody's Investors Service (Moody's) on Thursday downgraded Pakistan’s outlook to negative from stable. The decision to change the outlook is driven by the country’s heightened external vulnerability risk and
Jun 02, 2022: The incumbent government, during its first two months, has reduced the price of Liquefied Petroleum Gas (LPG) by Rs335 per 11.8-kilogram cylinder aimed at extending all possible relief to the
June 02, 2022 (MLN): Amid higher policy rate and the recent increase in cut-off yields of T-Bills, the Central Directorate of National Savings (CDNS) on Thursday increased profit rates on almost all national
June 02, 2022: Ministry for Information Technology and Telecommunication (MoITT) has directed the heads of the attached departments of the Information Ministry to complete all the ongoing projects speedily and on time. The
Jun 02, 2022: Pakistan and Turkey on Thursday discussed the proposed Preferential Trade Agreement (PTA) in goods for promoting trade liberalization and enhancing bilateral trade. Both sides underscored the importance of early finalization
June 02, 2022 (MLN): The total sales of Oil and Marketing Companies (OMCs) registered a growth of 28% YoY to clock in at 2.17 million tons (MTs) in May 2022, compared to 1.69MTs
June 02, 2022: Pakistan and the Republic Azerbaijan on Wednesday agreed to enhance business and economic relations between both sides. Both of the counties agreed to enhance cooperation in sectors including; business, banking,
June 02, 2022: Federal Minister for Economic Affairs, Ayaz Sadiq on Wednesday hailed the Europeon Union (EU) cooperation for economic development of Pakistan. He was talking to Thomas Seiler, Charge d’ Affairs a.i.
June 01, 2022: Saudi Arabia is planning to invest in various new avenues and is keenly focusing on continuation of mutual investment projects within Pakistan, said H.E. Mr. Nawaf Bin Said Al-Malki, Ambassador
December 26, 2021 (MLN): Digital Census will increase the reliability and transparency of the data collection process, Prof Dr. Zia-ul-Qayyum, Vice-Chancellor of Allama Iqbal Open University (AIOU) stated in his inaugural speech at the first
December 26, 2021 (MLN): Building further on its countrywide anti-smuggling operations, Pakistan Customs (FBR) has seized narcotics worth Rs115 million at Torkham, Pak-Afghanistan Border, said a press release issued on Saturday. The contraband items included
December 24, 2021 (MLN): The capital market opened on a positive note on Friday but lack of positive triggers pushed investors towards profit booking which concluded the benchmark KSE-100 index at 44,118.39 after losing 148.52
SPI increases by 0.4% WoW December 24, 2021 (MLN): The Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 0.4% WoW for the week ended December 23, 2021, weekly data released by
December 24, 2021 (MLN): Federal Minister for Energy, Hammad Azhar admitted on Friday that domestic gas consumers in Karachi have been facing the problem because of supply gaps on account of a surge in demand
December 24, 2021 (MLN): The State Bank of Pakistan (SBP) conducted another Open Market Operations (OMO) today, in which it injected Rs701 billion and Rs381.75 billion into the market for 7 days and 63 days
December 24, 2021: After extensive deliberations, the government asked the industry to increase the urea supplies by 30% ie about 3000-5000 metric tons countrywide to ease down the market, said a press release issued on
December 24, 2021 (MLN): Pakistan received fresh external loans of $4.70 billion in the first five months of the ongoing fiscal i.e., July- Nov FY22 from multiple financing sources against the annual budget estimates of
December 24, 2021: President Dr. Arif Alvi has urged the expatriates to invest in Pakistan which is fast emerging as Asia’s premier investment and trade hub, said a press release yesterday. He emphasized the need
December 24, 2021: National Economic Council (NEC) has decided in the meeting held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar that Pakistan will produce a country report on
December 23, 2021: The Cabinet Committee on Energy (CCoE) asked the petroleum division to review the recommendations for enhancing domestic Liquified Petroleum Gas (LPG) production and forward a summary in this regard to the Economic Coordination Committee
December 23, 2021: The State Bank of Pakistan will remain closed on December 25, 2021 (Saturday) being public holiday on the occasion of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan. Press
December 23, 2021: Pakistan and the Kingdom of Saudi Arabia have reiterated their desire to take the existing relations to new heights in all areas of mutual interest, said a press release issued today. Both
December 23, 2021: The government’s efforts have improved the country's agricultural landscape as it increased earnings of wheat and sugarcane by 59% and 47% respectively in 2021 compared to last year, Imran Ahmed, Chief Financial Officer (CFO), Engro Fertilizers
December 23, 2021: National productivity Organization (NPO) would continue to support the industrial sector to adopt energy-saving resources and increase existing international production capacity, said Muhammad Alamgir Chaudhry, Chief Executive Officer (CEO) NPO. Addressing the awareness
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