April 26, 2022 (MLN): Pakistan’s US dollar-denominated bonds are a great investment, said Federal Finance Minister, Miftah Ismail on Twitter. The federal minister, along with the governor State bank of Pakistan (SBP) Dr.
April 26, 2022: Indus River System Authority (IRSA) Tuesday released 87,443 cusecs water from various rim stations with an inflow of 86,043 cases. According to the data released by IRSA, the water level
April 26, 2022: Prime Minister Shehbaz Sharif on Tuesday chaired a high-level emergency meeting to overcome the prevailing load-shedding of electricity in the country. The prime minister was given a comprehensive briefing on
April 26, 2022: HSBC said on Tuesday that first-quarter profits dropped nearly 30 percent owing to higher-than-expected credit losses and inflation but the Asia-focused lending giant remained upbeat about its outlook. The London-based
April 26, 2022 (MLN): Income tax returns and wealth statements do not completely establish the source of funds of a customer, SECP in its latest version of Frequently Asked Questions (FAQs) on anti-money
April 26, 2022: Minister for Finance Miftah Ismail on Monday said the government was devise a policy to increase the petroleum prices. The elite class having big vehicles could not be given subsidy,
April 25, 2022: Twitter shares rose sharply Monday amid reports the company will soon accept Elon Musk's takeover offer, a dramatic shift after the board originally organized a “poison pill” defense to ward
April 25, 2022: President Federation of Pakistan Chambers of Commerce & Industry, Irfan Iqbal Sheikh, on Monday, said that the economic environment has reached a point where the business community finds it justified
April 25, 2022: Oil Companies Advisory Council, the primary representative of the downstream oil industry of Pakistan, has reported that ample stocks of motor spirit and high-speed diesel are available in the country.
April 25, 2022 (MLN): The ongoing fuel shortage has forced cash-strapped Pakistan to cut power to households as almost a fifth of electricity generation capacity was offline because the government cannot afford to
April 25, 2022 (MLN): Pakistan’s current account has been corrected massively since February. This is despite a huge build-up in energy price imports and commodity prices in general, Spokesperson of PTI on the
April 25, 2022 (MLN): ICT Export Remittances including Telecommunication, Computer and Information Services for the period July 2021 to March 2022, have surged to $1.948 billion at a growth rate of 29.26 %
April 25, 2022 (MLN): Based on the constructive discussions with the delegation led by Finance Minister Miftah Ismail in Washington, the International Monetary Fund (IMF) mission will visit Pakistan in May to resume
April 24, 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
April 23, 2022 (MLN): Pakistan’s trade deficit in services widened by 40.42% YoY to $264 million during March 2022 from $188mn in the same month of the previous year, the monthly data released
November 10, 2021 (MLN): Honda Atlas Cars (HCAR) on Wednesday increased prices of all its models from Rs130,000 to Rs485,000 citing rupee depreciation and increasing input costs, a company memo showed. In a letter directed to
November 10, 2021 (MLN): Government has signed $761.5 million agreement with the International Islamic Trade Finance Corporation (ITFC) for fuel import of crude oil, refined petroleum products and LNG, a press release showed on Wednesday. The
November 10, 2021: Chief Commissioner Inland Revenue Regional Tax Office Muhammad Abid Raza Bodla on Wednesday announced to pay pending refunds to industrialists till 2020 they submit complete and verified documents. Speaking at an open
November 10, 2021: Governor State Bank of Pakistan, Dr. Reza Baqir, stated that digital transformation of the global Islamic financial services industry has become a necessity for its growth and it needs to focus on
November 10, 2021: Ambassador of European Union (EU) Androulla Kaminara Wednesday called on Chief of Army Staff (COAS), General Qamar Javed Bajwa, and appreciated Pakistan’s role in the Afghan situation and efforts for regional stability. During
November 10, 2021 (MLN): Adviser to PM for Commerce and Investment, Abdul Razak Dawood, has lauded Udhaar Book, a super app for Pakistan’s small businesses and Savyour, Pakistan-based fintech, for securing investment of US$6 million
November 10, 2021: Pakistan Water and Power Development Authority (WAPDA) is executing the biggest-ever portfolio of development projects in Pakistan including Diamer Basha Dam, Dasu Hydropower Project and Mohmand Dam worth $26 billion after a
November 10, 2021: President Dr Arif Alvi on Wednesday said Pakistan’s progress was linked with extensive digitalization of all sectors, particularly education and health, and stressed fast decision-making in this regard to match the global
November 10, 2021: Prime Minister Imran Khan on Wednesday directed the Naya Pakistan Housing & Development Authority (NAPHDA) to accelerate the pace of work on all projects to provide affordable housing facility to low and
November 10, 2021 (MLN): The government is not planning to discontinue the release of weekly Sensitivity Price Index (SPI) as claimed by some media reports, clarified the Spokesperson to Finance Minister Muzammil Aslam on Wednesday. Earlier,
November 10, 2021: Pakistan Sugar Mills Association (PSMA) members posed their full confidence in the leadership of Mr. Shaukat Tarin and assured their full support to ensure the availability of sugar on affordable price to
November 10, 2021: The US Consul General in Lahore William K. Makaneole accompanied by the USAID Director, Office of Energy Jenna Diallo called on WAPDA Chairman Lt Gen Muzammil Hussain (Retd) at WAPDA House yesterday.
November 10, 2021: The Asian Development Bank (ADB) board is expected to approve a US$ 600 million program for the country's social protection during the first week of December, ADB’s Director General Central and West
Nov 10, 2021: Minister for Industries and Production, Makhdum Khusro Bakhtyar on Tuesday said that all necessary measures have been taken to increase wheat and sugar production. The sugar mills will start crushing of sugarcane by
November 09, 2021 (MLN): Pakistan’s gross domestic product (GDP) could grow by 4-4.7% in FY22 if the government is successful in vaccinating the population and carries out reforms, said Institute of International Finance (IIF) Chief Economist
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