May 25, 2022 (MLN): Pakistan is likely to reach an agreement with the International Monetary Fund (IMF) for a bailout, William Blair Investment Management told Bloomberg today. “There remains much uncertainty, but given
May 24, 2022 (MLN): This year, Pakistani pilgrims, availing the government Hajj Scheme will have to pay Rs0.8mn to perform Hajj, a notice issued by the Ministry of Religious Affairs and Interfaith Harmony
May 24, 2022: The National Assembly on Tuesday witnessed the introduction of six bills which were referred to the relevant committees for further deliberations. The bills were moved by Syed Hussain Tariq, Kesoo
May 24, 2022: President, Federation of Pakistan Chamber of Commerce and Industries (FPCCI) Irfan Iqbal Shaikh on Tuesday said that there were many business opportunities and capabilities in the country but there was
May 24, 2022: Pakistan Customs (FBR) has stepped up enforcement at all International Airports across Pakistan to prevent the smuggling of items which have recently been banned by the Federal Government vide SRO
May 24, 2022: Oil Companies Advisory Council confirms the availability of sufficient stocks of fuel products in the country, including the depots in the Punjab region said a press release issued today. As
May 24, 2022: The Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed recently visited Meezan Bank’s Head Office in Karachi along with the Deputy Governor Ms. Sima Kamil and the Bank’s
May 24, 2022 (MLN): Striving to fix the ongoing economic glitch while skipping the forward guidance, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has jacked up the policy
May 24, 2022 (MLN): Pakistan’s cement sector is likely to pay the price of prevailing micro/macro-economic, political and geopolitical scenarios in lower margins in the fiscal year 2022-23 as the country’s uncertain dynamics
May 23, 2022: Pakistan’s Islamic banking industry is growing rapidly with a combination of a predominantly Muslim population, still modest financial inclusion, and the commitment of the government and regulators as the key
May 24, 2022: Pakistan Hi-Tech Hybrid Seed Association (PHHSA) on Tuesday urged the government to withdraw 17% sales tax on hybrid seeds for boosting agriculture production in the country in order to ensure
May 24, 2022(MLN): The State Bank of Pakistan (SBP) on Tuesday revised prudential regulations for consumer financing, reducing the financing period for auto financing to trim rapid loan growth in the auto sector.
May 24, 2022: A symposium was recently organized at a local hotel in Islamabad by the Federal Board of Revenue (FBR), along with its licensee, AJCL Private Limited, a leading local company, and
May 24, 2022: Optima Integration Group, China and Asia Pak Investments, Pakistan in the spirit to enhance Business Business (B2B) Agricultural Cooperation between Pakistan and China signed a Memorandum of Understanding (MoU) on
May 24, 2022(MLN): Under GSP Plus Scheme, Pakistan’s exports to the EU surged by 86% while the EU’s exports to Pakistan increased by 69%, said a press release issued yesterday. “GSP Plus was
December 14, 2021: The Asian Development Bank (ADB) has approved a $200 million loan for the development of an irrigation system in Punjab province that would help increase agricultural productivity and enhance food security, as
December 14, 2021: The Planning Commission is in the process of developing a National Development Framework (NDF) which will guide priorities for investment by the Federal government, Deputy Chairman Planning Commission (DCPC) Mohammad Jehanzeb Khan
December 14, 2021: The government was taking steps to provide a conducive environment to increase investment and expand the business, Prime Minister Imran Khan said on Monday. While chairing a meeting regarding Regional Economic Growth
December 14, 2021: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin said on Monday that the problems faced by fertilizer industry would be resolved on top priority basis as the government was
December 14, 2021 (MLN): Managing Pakistan’s economy is not an easy affair by any stretch of the imagination. Finance ministers and central bank governors in the past have struggled to run affairs in an order
December 14, 2021: The SME Policy 2021 will be launched this month by prime minister Imran Khan, said a press release issued on Monday. The Union of Small and Medium Enterprises (UNISAME) has felicitated The
December 14, 2021: Governor State Bank of Pakistan, Dr. Reza Baqir, unveiled the Asaan Mobile Account (AMA) in a launch ceremony held at SBP headquarters in Karachi. AMA allows the opening of a branchless banking
December 14, 2021 (MLN): Remittances by overseas Pakistanis during the month of November clocked in at $2.4 billion, which were 6.6% lower than the last month, while 0.6% higher when compared to the same month
December 13, 2021 (MLN): The monetary policy meeting is scheduled for Tuesday, wherein SBP is expected to deliver another aggressive interest rate hike of 100bps or above. Since the last MPC meeting, SBP has been
December 13, 2021: Indus River System Authority (IRSA) Monday released 86,995 cusecs water from various rim stations with an inflow of 39,864 cusecs, as reported by APP. According to the data released by IRSA, water
December 13, 2021 (MLN): The sale of passenger cars witnessed a 12% MoM decline during the month of November 2021, clocking in at 15,351 units as opposed to 17,413 units sold in October 2021 and
December 13, 2021: Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq said Pakistan’s furniture exports registered a twofold increase during the first four months of the current fiscal year, compared to corresponding period of the
December 13, 2021: Federal Board of Revenue (FBR) has launched the much-awaited prize scheme for the shoppers from POS-integrated Tier-1 retail outlets, a press release on Sunday showed. Thousands of prizes worth hundreds of thousands
December 13, 2021: The Universal Service Fund (USF) board, Ministry of Information Technology (MoITT) approved 10 projects worth approximately Rs11.5 billion to provide high speed internet service and optical fiber projects for top tourist destination areas
December 13, 2021: The business community on Sunday expressed their concern over spiraling electricity and oil prices, which were the main cause of inflation and reduction in economic growth, as reported by APP. President SAARC
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