May 17, 2022: An “Invest in Pakistan” forum was held in San Jose, Silicon Valley, attended by more than 150 participants including nine Pakistani leading Startups, to highlight Pakistan’s immense potential to grow
May 16, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Monday allowed the Trading Corporation of Pakistan (TCP) to explore the possibility for the import of 200,000 MT of Urea
May 16, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Monday approved a supplementary grant of Rs55.48 billion for the payment of price differential claims (PDCs) of Oil Marketing Companies
May 16, 2022 (MLN): The number of Raast IDs registration has crossed the 10 million mark since its launch in Feb22, another milestone achieved by the State Bank of Pakistan (SBP) in the
May 16, 2022: Aiming to promote long-term value creation and “responsible” engagement of institutional investors with the investee companies, the Securities and Exchange Commission of Pakistan (SECP) has issued the Stewardship Guidelines for
May 16, 2022: The European Commission on Monday sharply cut its eurozone growth forecast for 2022 to 2.7 percent, blaming skyrocketing energy prices caused by Russia's invasion of Ukraine. The war also spurred
May 16, 2022 (MLN): The All-Pakistan CNG Association has announced that CNG stations will remain closed for an indefinite period. After a hike of Rs70, the price of CNG in Pakistan has reached
May 16, 2022: Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Monday assured the public of adequate fuel in the country soon. In a statement on his Twitter page, Wijesekera said
May 16, 2022: China's investment in property development went down 2.7 percent year on year in the first four months of 2022, data from the National Bureau of Statistics showed Monday. Xinhua/APP
May 16, 2022: The Central Directorate of National Savings (CDNS) on Monday realized the target of issuing Rs980 billion fresh bonds in the last 10 months of current fiscal year 2021-22 from July
May 16, 2022: China's economy is expected to recover gradually as the country achieves major anti-epidemic outcomes and pro-growth policies take effects, Fu Linghui, spokesperson for the National Bureau of Statistics, said Monday.
May 16, 2022 (MLN): Prime Minister Shehbaz Sharif has directed the provinces to meet wheat procurement targets by June 01, 2022. Chairing a meeting on Monday, he expressed his grave concerns over the
May 16, 2022: Indus River System Authority (IRSA) Monday released 193,629 cusecs water from various rim stations with an inflow of 199,847 cusecs. According to the data released by IRSA, the water level
May 16, 2022 (MLN): The country has witnessed the highest ever monthly exports of $1.739 bn during April 2022, up by 31% YoY and 7% MoM, the latest data released by the Pakistan
May 16, 2022 (MLN): The government on Sunday has decided to keep the petrol prices unchanged with effect from May 16, 2022, till further order. According to the statement issued by Finance Division,
November 30, 2021 (MLN): With agricultural input costs moving higher, energy prices on a sharp upward trajectory and housing inflation adding fuel to the fire after the government moved to increase base-load tariff in a
November 30, 2021(MLN): The export of kinnow is likely to be limited to 300,000 tons with an anticipated decrease of 35% compared to the previous year, Waheed Ahmed, the Patron-in-Chief, All Pakistan Fruit and Vegetable Exporters,
November 30, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Tuesday in which it sold PIBs worth Rs117 billion against an auction target of Rs100 billion. After the increase in the
November 30, 2021 (MLN): Pakistan’s economy is confronted with persistent inflationary pressure following the balance of payments crises on the back of an exceptional surge in international commodity prices. However, the pressure will ease out
November 29, 2021: Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the actions of the State Bank of Pakistan, particularly with regard to monetary policy decisions and
November 29, 2021 (MLN): Minister for Planning, Development, and Special Initiatives Asad Umar on Monday said that keeping in view the impending threat of the new variant of COVID-19, the government had decided to re-intensify
Nov 29, 2021: Minister for Maritime Affairs Ali Haider Zaidi on Monday said a big challenge for Karachi Port Trust (KPT) was the movement of cargo and traffic congestion caused by it. He said, “after
November 29, 2021: A deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the Government of the Islamic Republic of Pakistan, represented by the State Bank of
November 29, 2021 (MLN): The Sui Southern Gas Company (SSGC) has suspended gas to CNG stations due to an extraordinary increase in demand with the advent of the winter season, SSGC informed via its official
November 29, 2021 (MLN): Supernet Limited (Supernet), Pakistan’s largest satellite communications systems integrator and service provider and PAKSAT International (PAKSAT), Pakistan’s national satellite operator have signed a strategic partnership to expand the existing relationship, a press
November 29, 2021 (MLN): Pakistan Civil Aviation Authority (PCAA) would facilitate all those Pakistanis, stranded in Omicron corona variant-affected countries to return home, till December 5 under the set Standing Operating Procedures (SOPs), a report
November 29, 2021 (MLN): Tata Foods has exported Pakistan’s first-ever meat consignment to Jordan, Advisor to Prime Minister of Pakistan for Commerce and Investment informed on Monday. While congratulating the company via tweet, the advisor
November 29, 2021 (MLN): The government is all set to invest Rs111 billion in different power transmission projects during the next three years, official sources told APP on Monday. The transmission line projects would be
November 29, 2021 (MLN): The State Bank of Pakistan (SBP) on Saturday, clarified the concerns recently raised by some sections of media over the macroeconomic projections in the SBP’s annual report FY21. According to the
November 28, 2021 (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 Pakistan’s economic
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