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

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RDA: Pakistan receives $3.63bn by Feb’22

March 07, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $3.63 billion by February 2022 since its launch in September 2020, showing the growing confidence of non-residents Pakistanis (NRPs), the

European stocks extend slump at open

March 07, 2022: European stock markets plunged at the open Monday as investors pumped their money into assets deemed safer such as gold. Frankfurt dived 3.6 percent and Paris shed 3.0 percent. Outside

IRSA releases 56,737 cusecs water

March 07, 2022: Indus River System Authority (IRSA) Monday released 56,737 cusecs water from various rim stations with an inflow of 53,369 cusecs. According to the data released by IRSA, Water inflow and

Weekly Economic Roundup

March 06, 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.  Pakistan remained on the grey

SBP has a tough decision to make on Tuesday

March 6, 2022 (MLN): The State Bank of Pakistan (SBP) is set to announce monetary policy on Tuesday. A lot is going on the macroeconomic front and any decision by the monetary policy

Weekly News Roundup

March 6, 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

Pakistan remains on FATF’s Grey list

March 05, 2022 (MLN): Pakistan remained on the grey list of the Financial Action Task Force (FATF) despite the fact that Pakistan had fulfilled the anti-money laundering watchdog's maximum technical requirements. The Financial Action Task

CCOE forms committee to review Petroleum Policy

March 04, 2022: The Cabinet Committee on Energy (CCOE) has formed a committee headed by Federal Minister for Energy Hammad Azhar to review the oil and gas exploration status and analyse the amendments

SPI goes up slightly by 0.04%

March 04, 2022 (MLN): The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 03, for the combined consumption group, witnessed a slight increase of 0.04 percent as compared

FATF to announce outcomes of plenary today

March 04, 2022 (MLN): Under the German Presidency of Dr. Marcus Pleyer, Financial Task Force (FATF), will announce the outcomes of the four-day plenary meeting on Friday, March 4, 2022. Taking to its

OGRA holds workshop on Safety, Compliance of Regulations

September 22, 2021: A one-day workshop, ‘driving change’ on the challenges of a regulatory body – monitoring and compliance of rules and regulations and carrying out inspections, reporting, and the role of Third Party Inspectors

Supply of housing for low-income groups remains negligible: IFC

September 22, 2021: The study, “Pakistan Housing Finance, a business case for Financial Institutions,” highlights the need for financial institutions (FIs) to expand into housing finance across different income segments—particularly low- and middle-income households—and regions.

SECP introduces SPACs for capital formation through PSX

September 21, 2021: The Securities and Exchange Commission of Pakistan (SECP) has amended the Public Offering Regulations, 2017 to introduce a regulatory framework for Special Purpose Acquisition Companies (SPAC). The introduction of SPAC in Pakistan’s

MPS Review: Holding the reins

September 21, 2021 (MLN): Dr. Reza Baqir, Governor State Bank of Pakistan yesterday has delivered a hawkish surprise with a rate hike of 25bps to 7.25% in a monetary policy committee (MPC) meeting held on

Pakistan-China Tourism seminar held in Qingdao

Sep 21, 2021: In order to commemorate the 70th anniversary of the establishment of diplomatic ties between Pakistan and China, China-Pakistan Two-Way Tourism Seminar was held at SCO Demonstration Area (SCODA) in Qingdao, Shandong province.

IRSA releases 213,255 cusecs water

Sep 21, 2021: Indus River System Authority (IRSA) on Tuesday released 213,255 cusecs water from various rim stations with an inflow of 176,782 cusecs. According to the data released by IRSA, the water level in

Tabish Gohar resigns as SAPM on Power

September 21, 2021 (MLN): Prime Minister Imran Khan has accepted the resignation tendered by Tabish Gohar from the post of Special Assitant to the PM on Power and Petroleum, with effect from September 20, 2021,

Six-month KIBOR increases to 7.91%

September 21, 2021 (MLN): Following the rise in the policy rate, the Six-month KIBOR has been increased by 15 bps on Tuesday to stand at 7.91%. On Monday, SBP raised the policy rate by 25

NHA intends to construct Hyderabad-Sukkur Motorway

September 21, 2021 (MLN): National Highway Authority (NHA), being a custodian of the National Highways & Motorway Network is planning to undertake the construction of Hyderabad-Sukkur Motorway (M-6). The 306 Kilometre, 6-lane divided, limited access