Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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SBP increases markup rate for EFS by 2.5%

April 07, 2022 (MLN): In line with the increase in policy rate announced in the MPC meeting today, the State Bank of Pakistan (SBP) has the markup rate for financing under Export Finance

IRSA releases 85,849 cusecs water

April 07, 2022: Indus River System Authority (IRSA) Thursday released 85,849 cusecs water from various rim stations with an inflow of 79,347 cases. According to the data released by IRSA, the water level

Shell to take hit of up to $5bn on Russia exit

April 07, 2022: British energy giant Shell warned Thursday that it would take a hit of up to $5 billion (4.6 billion euros) on its exit from Russia, following Moscow's invasion of Ukraine.

Cement despatches decline by 6.25% in March

April 06, 2022: Cement despatches declined by 6.25 percent in March 2022. Total Cement despatches during March 2022 were 5.04 million tons against 5.37 million Tons despatched during the same month of last

KOICA grants $8mn to Pakistan for development projects

April 06, 2022: Korea International Cooperation Agency (KOICA) has granted around US$8 million to the government of Pakistan for executing various development projects with the collaboration of the Korean government. The KOICA is

Shell, PAPCO to develop advanced multi-grade pipeline

October 28, 2021: Shell Pakistan Limited (SPL) has entered into a 10 year agreement with Pak-Arab Pipeline Company Limited (PAPCO) to upgrade transportation of fuel through a multi-grade pipeline. Currently, the pipeline system only transports

HSD demand surges by 26% in 1QFY22: Hammad Azhar

October 28, 2021 (MLN): Despite increasing energy prices worldwide, the demand for energy products in Pakistan is on the rise amid robust economic growth as demand for High-Speed Diesel (HSD) has increased by 26% whilst

PSWP to cut cost of doing business

October 28, 2021: Pakistan Single Window Programme (PSWP) Project Director Muhammad Imran Khan Mohmand said on Wednesday that PSW Programme would reduce the cost of doing business and minimize the interface between the taxpayers and

FBR signs MoU with Board of Revenue, KPK for Data Sharing

October 27, 2021: Building further on its vision to improve efficiency and transparency in the tax collection system, and to promote digital integration, the Federal Board of Revenue (FBR) has achieved another important milestone by

NEPRA concludes public hearing into FCA for September

October 27, 2021: The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into monthly fuel cost adjustment (FCA) for XWDISCOs for September. The hearing was presided over by NEPRA Chairman Tauseef H

IT sector projects get Rs4,133.128mn

October 27, 2021: The government so far provided funds amounting to Rs 4,133.128 million during the current fiscal year to execute Information Technology and Telecommunication projects under the Public Sector Development Programme (PSDP 2021-22). The

IRSA releases 68212 cusecs water

October 27, 2021: Indus River System Authority (IRSA) Wednesday released 68212 cusecs water from various rim stations with an inflow of 68109 cusecs. According to the data released by IRSA, the water level in the