April 18, 2022 (MLN): Immediately after assuming office, Prime Minister Shahbaz Sharif’s first order of business was to announce an increase in the salaries and pensions of government officers. Justifying the move, former
April 18, 2022: Punjab Agriculture Department will provide pesticide on 50% subsidy to the cotton farmers in order to improve the cotton productivity remarkably. According to official sources, the farmers upto 12.5 acres
April 18, 2022 (MLN): Pakistan’s textile exports rose to a record high of $14.24 billion during July- March FY2022, up by 25.4% YoY, data released by the Pakistan Bureau of Statistics (PBS) showed.
April 18, 2022 (MLN): Pakistan’s second-biggest importer Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the supply of six LNG cargoes on a Delivered Ex-Ship (DES) basis at Port
April 17, 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 17, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Large Scale Manufacturing Industries (LSMI)
April 16, 2022 (MLN): Amid raising grave concerns of federal employees over PM Muhammad Shehbaz Sharif’s decision to impose a six-day workweek, the government is likely to reverse its decision right after Eid-ul-Fitar.
April 16, 2022 (MLN): The government’s decision to continue petrol and diesel subsidies was a tough one and will have to be revisited as the country is losing Rs21 per litre on petrol
April 16, 2022 (MLN): Pakistan’s new government has kept fuel prices unchanged which may continue to put the nation’s critical $6 billion loan program lifeline at risk, as reported by Bloomberg. In order
April 16, 2022: Continuing with monthly computer ballot for its innovative POS Prize Scheme, Federal Board of Revenue (FBR) successfully organised fourth successive lucky draw on Friday. In addition to 1007 lucky winners
April 16, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday expressed deep concern over closure of power plants due to unavailability of fuel and technical faults. The heads of power plants
April 15, 2022: Zubair Motiwala Chairman of Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has vociferously urged the Ministry of Commerce (MoC) to nominate the Pakistan side barter trade mechanism committee on
April 15, 2022 (MLN): The government is fully committed to support Roshan Digital Account (RDA), Miftah Ismail, former Finance Minister said on Friday. Taking his Twitter account, he lauded SBP’s initiative RDA which
April 15, 2022 (MLN): The government on Friday has decided to keep the petrol prices unchanged for the next fortnightly. Prime Minister Muhammad Shehbaz Sharif has rejected the summary submitted by the Oil
April 15, 2022: Large Scale Manufacturing Industries (LSMI) production has inched up by 4.6% during 8MFY22, as the LSMI Quantum Index Number (QIM) was recorded at 156.9 points against 150 points in 8MFY21, the data released
November 03, 2021: Foreign Minister Shah Mahmood Qureshi on Wednesday said Pakistan-EU Strategic Engagement Plan (SEP) had ushered into a new phase by laying a solid foundation and framework for multidimensional cooperation. The foreign minister
November 3, 2021: Governor State Bank of Pakistan, Dr. Reza Baqir announced that banks have shown overwhelming response to an innovative financing scheme for collateral free lending to SMEs introduced by the State Bank and
November 3, 2021: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, after listening to the grievances being faced by members of All-City Tajir Ittihad (ACTI), assured that KCCI would take up all their
November 3, 2021 (MLN): The fertilizer industry is playing a critical role in ensuring food security and managing food inflation in Pakistan through adequate and affordable supply of urea at one fifth the international prices.
November 3, 2021 (MLN): The first consignment of trucks has reached Pakistan from Uzbekistan via the Torkham border. The aforesaid information was shared by Abdul Razak Dawood, Adviser to Prime Minister of Pakistan for Commerce
November 03, 2021: “Pakistan can grow its tea in good quality and develop tea export,” said Mr Hu Haibo, who, once in the 1980s, led a Chinese mission to Pakistan to investigate and designate suitable
Nov 03, 2021: Minister for Energy Hammad Azhar Wednesday said Pakistan was near completing the action plans given by the Financial Action Task Force (FATF) to ensure compliance in line with its standards. “Two toughest
November 3, 2021 (MLN): Federal Cabinet has approved the re-appointment of Brig. (R) Shujah Hassan Khurazmi S.I.(M) as CEO Pakistan Steel Mills for a further one year. The Cabinet, which met in Islamabad with Prime
November 3, 2021 (MLN): Pakistan's merchandise trade deficit for the month of October 2021 clocked in at $3.9billion compared to a deficit of $1.79bn in the corresponding month last year, depicting a growth of 117.2%
November 3, 2021: Foreign Minister Shah Mahmood Qureshi emphasized the importance of enhanced political and economic linkages and operationalization of the Pakistan-Uzbekistan Transit Trade Agreement (UPTTA) recently signed between the two countries. On Tuesday he
November 3, 2021: Prime Minister Imran Khan in his address to the nation on Wednesday will announce the biggest relief package of the country's history. This was stated by Minister for Information and Broadcasting Chaudhry
November 3, 2021: Mr. Omar Ayub Khan, Federal Minister for Economic Affairs witnessed the signing of the Financial Cooperation Agreement amounting to €129million between the Ministry of Economic Affairs, Pakistan, and the Federal Ministry for
November 03, 2021: Federal Secretary Board of Investment (BOI), Fareena Mazhar on Tuesday encouraged Investors to explore housing sector of Pakistan, which offered tremendous ‘Tax-Based Rebates'. Eligible developers and builders would be exempted from withholding
November 3, 2021: Building further on its vision to facilitate taxpayers and ensure ease of doing business through automation, digitization, and minimization of human interaction with taxpayers, FBR is all set to launch Single Sales
November 2, 2021 (MLN): EX-WAPDA power distribution companies (DISCOs) have submitted a petition with National Electric Power Regulatory Authority (NEPRA) and sought recovery of Rs20.35 billion under the 4th quarter of FY2020-21 i.e April to
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