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

MPS Preview: High for Longer

China opening Khunjerab border from April 1

March 29, 2022 (MLN): China is finally opening the Khunjerab Border from April 1, 2022, for trade activities, Abdul Razak Dawood, Adviser to Prime Minister of Pakistan for Commerce and Investment said on

Profit repatriation by MNCs jumps 9% in 8MFY22

March 29, 2022 (MLN): Repatriation of profit and dividends by foreign investors jumped by 9% YoY during the first eight months of this fiscal year (FY22), the central bank data showed on Tuesday.

Govt to procure 3500,000MT wheat

March 28, 2022: Punjab Chief Minister Sardar Usman Buzdar said on Monday that wheat would be procured from farmers at the rate of Rs2,200 per maund as the provincial cabinet approved buying 3500,000 metric

Private sector borrows Rs36.4bn in a week

March 28, 2022 (MLN): The non-government sector has borrowed another net sum of Rs36.4 billion during the week ended March 11, 2022, which brings the cumulative net borrowing for the ongoing fiscal year

Local rebar prices increase by Rs7,000/ton

March 28, 2022 (MLN): The prices of local rebar have been surged by Rs7,000 per ton, taking the new local rebar prices to Rs216,000 per ton and Rs214,000 per ton for deform and Xtreme

FBR seizes smuggled goods worth Rs450 million

March 27, 2022: In a major operation against smugglers, Pakistan Customs(FBR), Quetta has seized 11 containers fully stuffed with smuggled goods. In a well-coordinated and successful operation on Saturday and Sunday nights in

Weekly News Roundup

March 27, 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

Weekly Economic Roundup

March 27, 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. The weekly Sensitive

IRSA releases 85,381 cusecs water

October 15, 2021: Indus River System Authority (IRSA) Friday released 85,381 cusecs water from various rim stations with an inflow of 75,389 cusecs. According to the data released by IRSA, water level in the Indus

Private sector borrows Rs122.7 billion in a week

October 15, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.122.74 billion during the week ended October 01, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2022 to Rs.190.5

Govt. retires Rs32 billion in a week

October 15, 2021 (MLN): The government of Pakistan has retired a net sum of Rs.31.57 billion during the week ended October 01, 2021, which brings its total net retirement for ongoing fiscal year FY2022 to

OMO Result: SBP Injects Rs2.187tr for 7 Days

October 15, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Friday, in which it injected Rs2,187.4 billion into the market for 7 days at 7.33 percent. Summary of OMO

RUDA, CBD are flagship real estate projects: PM

October 15, 2021: Prime Minister Imran Khan chaired a review meeting on Ravi Urban Development Authority (RUDA) and Central Business District (CBD), Walton. The Prime Minister said, “Both RUDA and CBD are flagship real estate

Pakistan’s FX reserves fall by $30.5mn WoW

October 15, 2021 (MLN): The total liquid foreign reserves held by the country stood at US$ 25,969.4 million on 08-October-2021. On Oct 1, 2021, it was at US$ 25,999.9 million, which means that Pakistan's FX

STZA signs MOUs to boost FDI, Technology Transfer, and Job Creation

October 15, 2021: The Special Technology Zones Authority (STZA) has signed three Memorandum of Understanding (MoUs) with international companies to attract foreign direct investment, technology transfer, and job creation into newly established technology zones across

Process of PSM revival to be completed by the end of FY22

October 14, 2021: Important meeting regarding the revival of Pakistan Steel Mills Corporation (PSMC) held under the chairmanship of Federal Minister for Privatisation and Minister for Industries & Production Makhdoom Khusro Bakhtiar. The Federal Secretary