June 05, 2022: President SAARC Chamber of Commerce and Industry Iftikhar Ali Malik Sunday said energy is crucial for socio-economic development and construction of new dams and fully exploitation of renewable energy is
June 05, 2022: National Information Technology Board (NITB) specializes in key automation, design, development, and implementation of robust IT technologies to promote the e-governance culture in the federal government. NITB has successfully achieved
June 05, 2022: Minister for Planning, Development, and Special Initiatives Ahsan Iqbal on Saturday said the size of the federal development budget under the Public Sector Development Programme (PSDP) has been set at
Jun 05, 2022: Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio on Sunday said that Indonesia lifted the global ban on palm oil export from last week and now palm oil supply in
June 5, 2022 (MLN): The economic roundup contains the recent economic developments and financial data releases over the course of the week to keep an eye on next week’s trend. Following the price
Market Data and Economic Indicators Weekly Performance 3-Jun-22 27-May-22 PKR InterBank 197.92 199.76 KSE100 Index 41,314.88 42,861.45 Avg Daily Volume 208,988,962 280,601,977 Gold (Karachi) Rs/10 gm 24 Kt 117,799 119,272 KIBOR
June 3, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, has allowed a levy of 10 % regulatory duty on the import of Motor Spirit (MS), said a press release issued
June 3, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, has released funds amounting to Rs37.33 billion for clearing the remaining outstanding liabilities of the utility companies /agency partners by the
June 3, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, has released Rs620.85 million for SSGC for gas supply to Pakistan Steel Mills (PSM), said a press release issued today Federal
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
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
December 23, 2021: Pakistan fruit exporters are expected to export 15 to 20 containers of kinnows to the Chinese market next year, as reported by APP. In the next year, we expect more kinnows to
December 23, 2021(MLN): With an aim to make the local industry sustainable, affordable, and immune to the forces on external accounts and currency devaluations, causing frequent boom-bust cycles in the auto industry, the government announced
December 23, 2021: The Ministry of Information Technology and Telecommunication (MoITT) is taking several initiatives for the provision of quality broadband services and working on USF’s 43 projects to achieve goals, as APP reported. An official of
December 23, 2021: Prime Minister Imran Khan Thursday said that if incentivized and facilitated, the technology industry could help overcome the current account deficit (CAD) of the country by boosting exports as well as addressing
December 23, 2021: Prime Minister Imran Khan is scheduled to inaugurate Technopolis, a Special Technology Zone (STZ) in Lahore today as a step to boost the country’s exports in the technology sector. The special technology
December 23, 2021: Indus River System Authority (IRSA) on Thursday released 61,862 cusecs water from various rim stations with an inflow of 36,246 cusecs. According to the data released by IRSA, water level in the
December 23, 2021 (MLN): The government of Pakistan is going to present the sixth review to the International Monetary Fund (IMF) board on January 12, 2022, Muzzammil Aslam, Spokesperson to the Finance Minister informed via his official
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