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

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NSS witnesses Rs86.9bn outflow during 5MFY22

January 5, 2022 (MLN): Net savings mobilized under National Savings Schemes (NSS) remained negative as investors pulled out Rs86.9 billion on a net basis during Jul-Nov FY22, against an inflow of Rs27.98bn in

MOC releases Rs4bn under DLTL for exporters

January 5, 2022 (MLN): The Ministry of Commerce has released Rs4 billion under the duty drawback on local taxes and levies (DLTL) scheme, informed Advisor to Prime Minister on Trade and Investment Abdul

German car sales hit post-reunification low in 2021

Jan 05, 2022: Car sales in Germany tumbled to their lowest level since reunification in 2021, official figures published Wednesday showed, following a significant pandemic-related fall in 2020. A total of 2.62 million

ECC allows urea import on immediate basis

January 5, 2022: The Economic Coordination Committee (ECC) on Wednesday approved the import of 50,000 metric tons of urea from China on an immediate basis subject to clearance from Pakistan Standards and Quality

Businessmen hail PSW for trade facilitation

January 5, 2022: The business community on Wednesday widely hailed the implementation of Pakistan Single Window (PSW) – an integrated system to facilitate cross-border trade, terming it as a milestone step toward Ease

Urea sale increases 11% in 2021: CEO EFERT

Jan 05, 2022: A pro-farmer initiative by the PTI government to ensure smooth supply of Urea fertilizer across the country has resulted in an increase of the urea fertilizer sale by 11 percent

RDA: Inflows reach $3.16mn by December’21

January 5, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $3.16 billion by December 2021 since its launch in September 2020, indicating the increasing confidence of non-residents Pakistanis (NRPs), the

European equity markets diverge at open

January 05, 2022: Europe's main stock markets opened mixed Wednesday after Asia and Wall Street grappled with elevated inflation and expected interest rate hikes amid easing Omicron virus fears. In initial trade, London's

100% RLNG supply restored: Hammad Azhar

July 5, 2021 (MLN): The government is restoring gas supply and pressure to all sectors from today while 100% supply of the Re-gasified Liquefied Natural Gas (RLNG) has also been restored, Hammad Azhar, Minister for

Pakistan to participate in Expo 2020 Dubai

July 5, 2021: Pakistan will participate in Expo 2020, Dubai beginning on the 1st October this year. Pakistan will present itself under the theme “The Hidden Treasure”. Pakistani pavilion will aim at promoting investment, trade

PM terms overseas Pakistanis biggest asset of country

  July 5, 2021: Prime Minister Imran Khan has termed overseas Pakistanis as the biggest asset of the country. He was speaking virtually at the annual convention of the Association of Physicians of Pakistani Descent

Weekly News Roundup

July 4, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order to become acquainted with the recent developments in Pakistan’s economic and public

WPI sees largest YoY increase in 24 months

July 4, 2021 (MLN): Wholesale prices jumped 20.85% (highest in 24 months) on the back of sharp increase in prices of food and energy items, remaining in double-digits for the fourth month in a row,

Weekly Economic Roundup

July 4, 2021 (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.  The government has imposed a flat withholding