June 26, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The Weekly Sensitive Price Indicator
June 26, 2022: SBP welcomes the Federal Shariat Court’s Judgement of April 28, 2022 on Riba case, as has already been done by the Honorable Finance Minister. In particular, we appreciate the substantive
Market Data and Economic Indicators Weekly Performance 24-Jun-22 17-Jun-22 PKR InterBank 207.48 208.75 KSE100 Index 41,051.79 42,140.76 Avg Daily Volume 299,926,840 174,029,745 Gold (Karachi) Rs/10 gm 24 Kt 122,295 123,335 KIBOR
June 24, 2022: Mr. Shabbir Mansha, Acting President FPCCI has categorically denounced the imposition of a 10 percent super tax on large industries; which already pay hefty corporate tax of 29 percent and generate
June 24, 2022: Prime Minister Shehbaz Sharif on Friday directed that the ongoing development projects of water, electricity, and infrastructure in Gwadar should be completed in the stipulated time. He was presiding over
June 24, 2022: Federal Minister for Finance, Miftah Ismail on Friday said that the coalition government was working hard to enhance the production of electricity and would install 4,000-6,000 megawatts of solar energy
June 24, 2022 (MLN): To facilitate taxpayers in payment of duties and taxes, the Federal Board of Revenue (FBR) on Friday directed the all Large Tax Offices (LTOs), Medium Tax Office (MTO), Corporate
June 24, 2022 (MLN): The Cabinet Committee on Privatisation (CCoP) under the chairmanship of Federal Minister for Finance and Revenue Mr Miftah Ismail on Friday welcomed the prospect of the revival of Pakistan
June 24, 2022: Minister for Finance and Revenue Miftah Ismail on Friday said that the government had decided to withdraw withholding tax and condition of statements in the IT sector. Winding up the
June 24, 2022 (MLN): State Bank of Pakistan (SBP) has received $2.3 billion loan from Chinese consortium, Finance Minister Miftah Ismail informed on Friday. In his Tweet, he said, “I am pleased to
Jun 24, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.01% during the week ended Jun 26, 2022 while the SPI increased by 28.05% compared to the
Jun 24, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday approved Rs 5.27 per unit increase in tariff for April under monthly fuel cost adjustment (FCA) for consumers of K-Electric. The
June 24, 2022: Central Power Purchasing Agency (CPPA-G) has sought a Rs7.96 per unit increase in power tariff for May under the monthly Fuel Cost Adjustment (FCA) mechanism. According to the petition submitted
June 24, 2022 (MLN): The government will impose an extra one-time 10% tax on the large-scale industry for one year to raise over 400 billion rupees ahead of a revival of the International
June 24, 2022 (MLN): The government has imposed a super-tax of 10% on large-scale industries in a bid to support poor people under its poverty alleviation plan. This was announced by PM Shehbaz
January 15, 2022 (MLN): Pakistan is going through a silent revolution in the field of information technology and youth should be trained to avail opportunities in new areas like cloud computing and artificial intelligence in order to boost exports, President
January 15, 2021 (MLN): The Real Effective Exchange Rate (REER) of Pakistan, increased to 98.5 in November 2021, a jump of 2% compared to 96.4 recorded in October 2021, the latest monthly data published by
January 15, 2022 (MLN): With the commencement of export of kinnows during the current season, it is anticipated that Kenya can become a promising international market of 40,000 – 50,000 tons of Pakistani citrus, said
January 15, 2022: Pakistan has assumed chairmanship of the Group of 77 and China (G-77) for the year 2022 on January 14, 2022, a press release said. Foreign Minister Makhdoom Shah Mahmood Qureshi presided over
January 14, 2022: Intensifying its ongoing crackdown against smuggling, Model Customs Collectorate, Gwadar and Pakistan Navy, in a joint open-sea operation, confiscated a huge cache of foreign smuggled liquor, said a press release issued today.
January 14, 2022 (MLN): The business community has expressed reservations on various tax measures taken by the government through mini-budget approved by the National Assembly a day earlier, a press release said today. The leadership
January 14, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group witnessed a drop of 0.43% for the current week ended January 13, 2022, weekly data released by the Pakistan Bureau of
January 14, 2022 (MLN): Workers’ remittances rose to $15.8 billion during 1H of FY22 which was 11.3% higher compared to the same period last year, Central Bank data showed today. During the month of December
January 14, 2022: Indus Motor Company (PSX: INDU) launches its all-new Taglon Supreme SP/GF-6A 0W-20 Engine Oil formulated specifically for Gasoline and Hybrid Vehicles, a press release said today. Amongst the attendees of the launch ceremony
January 14, 2022: Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) has taken various steps to address the complaints of Overseas Pakistanis timely aiming at to facilitate them as soon as possible, an official
January 14, 2022 (MLN): Private sector credit offtake during Jul-Dec FY22 reached Rs1,013 billion against Rs344.17 billion in the same period last year, up by 2.9x YoY, SBP data showed. The growth in private sector
January 14, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs479.5 billion into the market for 7 days at 9.95 percent. Summary of OMO Result
January 14, 2022: Minister for Energy Hammad Azhar Friday said the government has brought the much-needed reforms to streamline the matters related to pricing of the imported gas for the domestic sector, new electricity generation contracts
January 14, 2022: The privatization of House Building Finance Corporation (HBFC) will be finalized by the June of this year, Ministry of Privatization informed the Senate Standing Committee on Privatization in a meeting held under
January 14, 2022 (MLN): The National Electric Power Regulatory Authority (NEPRA) on Thursday raised electricity tariff by Rs4.3 per unit for consumers of Ex-Wapda Distribution Companies (XWDISCOs) under Fuel Charges Adjustment (FCA) for the month
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