May 23, 2022 (MLN): The country’s total textile exports have posted a growth of around 29% YoY to $15 billion in 10MFY22 as compared to $11.7bn in the corresponding period of FY21, data
May 23, 2022 (MLN): Finance Minister Miftah Ismail said that the country may increase interest rates in a meeting of the Monetary Policy Committee (MPC) which is scheduled to convene later today as
May 22, 2022 (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
Market Data and Economic Indicators Weekly Performance 20-May-22 13-May-22 PKR InterBank 200.14 192.53 KSE100 Index 43,100.70 43,486.46 Avg Daily Volume 220,476,205 273,920,780 Gold (Karachi) Rs/10 gm 24 Kt 118,864 112,121 KIBOR 6M
May 22, 2022 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has released its annual report for the fiscal year 2020-21. The report covers the reforms undertaken with the objectives to ensure
May 22, 2022 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. ICT Export Remittances including Telecommunication, Computer
May 20, 2022 (MLN): The State Bank of Pakistan (SBP) is scheduled to convene on May 23, 2022, wherein it is likely to increase the policy rate by 100 bps in the upcoming
May 20, 2022 (MLN): ICT Export Remittances including Telecommunication, Computer and Information Services for the period July 2021 to April 2022, have surged to $2.2billion at a growth rate of 29.29 % in
May 20, 2022 (MLN): The banking sector spread for the month of April 2022 increased by 35 basis points (bps) over the month which brings its latest value to 5.02% as compared to
May 20, 2022 (MLN): The State Bank of Pakistan (SBP), on Friday has ordered Authorized Dealer (ADs) to seek permission from Foreign Exchange Operations Department (FEOD) SBP-BSC before initiating transactions for import of
May 20, 2022 (MLN): The Annual Budget for FY 2022-23 along with the Finance Bill 2022 is scheduled to be presented in the National Assembly of Pakistan on Friday i.e., 10th June, 2022,
May 20, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined consumption group recorded an increase of 1.42% for the week ended on May 19, 2022, mainly due to a sharp
May 20, 2022 (MLN): Amid an increase in car prices and higher interest rates, automobile financing in Pakistan has witnessed a marginal increase of 0.9% MoM to Rs367 billion in April 2022, Central
May 20, 2022 (MLN): With $16.16 billion in foreign exchange reserves on hand to cover import bill for 1.5 months, inflation on year on year surged to 13.4% in April 2022 and the
May 20, 2022 (MLN): Pakistan’s external debt and liabilities (outstanding) reached $128.9 billion at the end of 3QFY22, witnessing an increase of $12.6bn or 10.83% YoY, the central bank data showed on Thursday.
December 10, 2021: The two state-owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) are currently in process of executing at least six strategic projects to supply gas to Special
December 10, 2021: Indus River System Authority (IRSA) Friday released 87,275 cusecs water from various rim stations with an inflow of 33,827cusecs, as reported by APP. According to the data released by IRSA, water level
December 10, 2021 (MLN): Pakistan’s exports had the fastest growth rate in South Asia in the month of November 2021, said Abdul Razak Dawood, Adviser to PM for Commerce and Investment. Making an announcement on
December 10, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1.71trillion into the market for 7 days at 9.02 percent. Summary of OMO Result
December 10, 2021: The Governor State Bank of Pakistan, Dr. Reza Baqir has been appointed as the Chairman of the Council of Islamic Financial Services Board (IFSB), Malaysia for the year 2022, the press release
December 10, 2021: National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs 4.74 per unit increase in tariff for October under the monthly fuel cost adjustment (FCA) mechanism. According to the notification, the said
December 9, 2021 (MLN): Pakistan's startup ecosystem has been able to secure over $300 million in funding this year after four e-commerce companies raise fresh funds, adviser to PM for Commerce and Investment Abdul Razaq
December 9, 2021 (MLN): Following the hike in the policy rate, the government on Thursday, increased profits rates on all national savings schemes by up to 2.4%, which would be effective from December 12, 2021.
December 09, 2021 (MLN): The Consumer Confidence Index (CCI) decreased by 19.6% QoQ in Q3 2021 compared to Q2 2021 (NI = 70.8), indicating deteriorating consumer sentiments, the findings of the CCI survey for Q3 2021, conducted
December 09, 2021 (MLN): The developing robust cybersecurity protocols and regulations will improve the overall governance regime in financial institutions by making cybersecurity as a boardroom agenda of financial institutions, said Dr. Reza Baqir, Governor State
December 9, 2021(MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $2.92 billion in November 2021 since its launch in September 2020, indicating the increasing confidence of non-residents Pakistanis (NRPs), the latest data released
December 09, 2021 (MLN): Brother Gas, one of the leading oil & gas companies based in Dubai is planning to invest $15 million to build a bottling plant at Special Economic Zone in Faisalabad, Pakistan,
December 9, 2021(MLN): With a view to curb soaring import bill in the coming months, the government is likely to take certain policy measures such as the imposition of increased duties on luxury items including
December 09, 2021 (MLN): The government can save up to $1 billion from reducing the quantum of energy imports through efficient inventory management, Sherman Securities said in a research note. This would be attained if
December 9, 2021 (MLN): Pakistan has reported its first case of the new coronavirus variant Omicron on Thursday, as per an article reported by Dawn. According to the details, a private hospital in Karachi confirmed
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