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

MPS Preview: High for Longer

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

CDWP clears four projects for ECNEC worth Rs 352.9b

March 26, 2022: The Central Development Working Party (CDWP) on Friday has recommended four development projects worth 352.9 billion to the Executive Committee of the National Economic Council (ECNEC) for approval. The meeting

Weekly SPI jumps by 1%

March 25, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined consumption group witnessed an increase of 1.10% for the week ended on March 24, 2022, the Pakistan Bureau of Statistics

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

WB acknowledges progress on structural reforms

October 14, 2021: The World Bank (WB) Thursday acknowledged that a lot of progress had been made on implementation of structural reforms in various sectors by Pakistan, stressing that there was need to keep up

OMO Result: SBP Mops Up Rs25 billion for 1 Day

October 14, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Thursday, in which it moped up Rs25 billion from the market for 1 day at 7.24 percent. Summary of

Petroleum Division signs PCAs, ELs for two blocks

October 14, 2021: Petroleum Division signed Petroleum Concession Agreements (PCAs) and Exploration Licenses (ELs) for two Blocks on Wednesday. The signing ceremony was witnessed by Federal Minister Energy, Muhammad Hammad Azhar. The ELs and PCAs

APTMA, US Cotton resolve to enhance mutual cooperation

October 14, 2021: All Pakistan Textile Mills Association (APTMA) leadership and representatives of the US Cotton have resolved to enhance mutual cooperation in cotton and textile trade and investment opportunities. This understanding was reached during

SHMI units grows at a rate of 6.51% annually: PBS

October 13, 2021 (MLN): The overall manufacturing units have increased with an annual growth rate of 6.51% over the period, as compared to SHMI 2015, SHMI 2006-07, and 1996-97, the survey report issued by the