February 22, 2022: In light of its vision to expand market outreach and promote digitalization of financial services, the Securities and Exchange Commission of Pakistan (SECP) has introduced the concept of Online Only
February 22, 2022: The system designed behind the Electronic Warehouse Receipt Financing (EWRF) is a win-win situation for all three stakeholders including farmers, banks and the collateral companies as it offers a smooth
February 22, 2022: The Privatisation Commission Board members welcomed and endorsed the bidding price of Heavy Electrical Complex (HEC) at Rs99.999 per share price offered by IMS Engineering Private Limited, as it was
February 22, 2022: Mr. Muhammad Suleman Chawla, Vice Chairman of FPCCI, has welcomed the profound interest expressed by a business community delegation from U.S. in increasing the volume of bilateral trade; investments in
February 22, 2022: Prime Minister Imran Khan Tuesday underscored the close fraternal relations between Pakistan and Uzbekistan and expressed Pakistan’s resolve to forge closer ties with Uzbekistan in all spheres covering trade, agriculture,
February 22, 2022 (MLN): The Oil and Gas Regulatory Authority’s enforcement team has been continuously inspecting Petrol Pumps with its third party inspectors in the southern region to check accurate measurements of oil,
February 22, 2022: Chairman UK-Pakistan Business Council Mian Kashif Ashfaq on Tuesday said Prime Minister Imran Khan's visit to Russia will bolster trade besides further cementing ties between the two countries on sound
February 22, 2022: Europe's main stock markets tumbled at the open Tuesday as the Russia-Ukraine crisis escalated, triggering planned Western sanctions against Moscow. London's benchmark FTSE 100 index shed 1.2 percent to 7,394.82
February 22, 2022 (MLN): Global long-term sovereign Sukuk issuance is set to drop to $73 billion in 2022 and $75 billion in 2023, from $88 billion in 2021, including issuance by multilateral development
February 22, 2022: New York's West Texas Intermediate crude contract rose more than three percent on Tuesday as Russian President Vladimir Putin ordered troops to deploy in separatist areas of Ukraine. WTI Crude
February 22, 2022: Privatisation Commission (PC) successfully conducted the bidding for privatisation of Heavy Electrical Complex (HEC), the first entity-level strategic transaction since 2015, a press release said yesterday. As per the transaction
February 21, 2022: The country's IT exports will reach $50 billion in a few years and the youth should in no way miss this technology revolution, Prime Minister Imran Khan said on Monday while addressing the launching
February 21, 2022: The provision of houses to the low and middle-income groups at affordable prices is the priority of the present government, Federal Minister for Finance and Revenue Shaukat Tarin said Monday while presiding over
February 21, 2022: While referring to Finance Minister’s tweet about latest Numbeo’s cost of living index in which it has been claimed that Pakistan was the cheapest country amongst 139 countries of the
February 21, 2022: The Central Development Working Party (CDWP) has approved replacement of track machines project during its meeting held on Monday, said a press release issued on Monday. The CDWP also discussed
Sep 06, 2021: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have planned to give 524,000 new connections during the current fiscal year in their respective operational areas across the country.
September 6, 2021: Mohmand Dam would be the fifth highest concrete-face-rock-fill dam in the world which would be completed by 2025 with estimated cost of 309.56 billion rupees. According to and official of Water and
September 6, 2021: Prime Minister Imran Khan held a telephone conversation with the Amir of the State of Qatar, His Highness Sheikh Tamim Bin Hamad Al Thani yesterday. The two leaders discussed bilateral relations and
September 05, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. Pakistan's trade deficit for 2 months
September 5, 2021 (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’s economic
Market Data and Economic Indicators Weekly Performance Sep 03, 2021 Aug 27, 2021 PKR InterBank 166.9087 165.6240 KSE100 Index 46,957.47 47,136.53 Avg Daily Volume 461,163,985 383,899,018 Gold (Karachi) Rs/10 gm 96,280 94,136 KIBOR 6M
September 04, 2021 (MLN): Pakistan's trade deficit for 2 months (July-August) FY22 was USD 7.49 billion compared to a deficit of USD 3.41 billion from the corresponding period from FY21. According to data released by
Sep 03, 2021 (MLN): Lakson Group, one of Pakistan's leading business conglomerates and Air Arabia Group, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, today announced their decision to form
September 03, 2021 (MLN): Foreign investors pulled out a net amount of Rs6 billion securities from the debt market during the week ended August 27, 2021 i.e. around Rs.4.34 billion lower than last week's numbers,
September 3, 2021: Cement sector posted growth of 22.77 percent in August 2021. Total Cement despatches during August 2021 were 4.336 million tons against 3.531 Million Tons despatched during the same month of last fiscal
September 03, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.67% during the week ended Sep 02, 2021 while the SPI increased by 12.53% compared to the corresponding period
Sep 03, 2021: Pakistan’s Information Technology (IT) sector has made measurable and quantifiable progress due to the strong focus of the present government on the growth of the IT industry and the number of IT
Sep 03, 2021: The government had spent an amount of Rs 4,979.494 million under Prime Minister National Agriculture Emergency Program during the fiscal year 2020-21 to uplift the local agriculture sector, increase per-acre crop output,
September 3, 2021 (MLN): Hammad Azhar, Minister for Energy has announced that his ministry is moving a proposal for seasonal energy pricing for domestic and commercial consumers to encourage power consumption during off-peak months. Taking
September 3, 2021: The All Pakistan CNG Association (APCNGA) on Friday said contrary to the vision of Prime Minister Imran Khan, the price of CNG has seen an unprecedented hike. Despite buying the costliest LNG,
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