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

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Textile’s expansion plan on track: APTMA

December 6, 2021 (MLN): With an expansion plan of $3.5 billion on track, Pakistan’s textile exports are likely to grow by $6bn during the ongoing fiscal year 2021-22 as compared to the last

SNGPL detects 87,197 gas theft cases in 2020-21

December 06, 2021: Sui Northern Gas Pipelines (SNGPL) has detected around 87,197 cases of gas theft on its network during the last fiscal year, under a comprehensive Unaccounted for Gas (UFG) reduction plan

4MFY22 football exports jump 17.22%

December 05, 2021 (MLN): Football exports during the first four months of fiscal year of 2021-22 grew up by 17.22% as compared to the exports of the corresponding period of last year, data

National AI policy in the works

December 05, 2021 (MLN): Minister for Information Technology and Telecommunication Syed Amin-ul-Haque on Sunday said the government is working to introduce National Artificial Intelligence Policy. Addressing Block Chain Conference in Karachi, he said

Weekly News Roundup

December 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

Weekly Economic Roundup

December 5, 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.  Minister for Energy Hammad Azhar

Govt eyeing 5pc GDP growth in FY22: Hammad Azhar

December 05, 2021 (MLN): Minister for Energy Hammad Azhar said the government is expecting the country’s gross domestic product (GDP) to grow by FY22 due to prudent policies, Radio Pakistan press release showed on

Denmark to invest in clean energy: Envoy

December 05, 2021 (MLN): Denmark is keen to invest in clean energy generation in Pakistan and is all set to sign a Green Development Agreement for this purpose early next year, Danish Envoy

Inflationary pressures to persist: IMF’s Gopinath

December 04, 2021 (MLN): The resurgence of pandemic and Omicron variant have sharply increased uncertainty around global economic prospects as several countries grapple with inflation well above their monetary policy targets, the International Monetary

Pakistan committed to GSP+ conventions

December 04, 2021 (MLN): Foreign Secretary Sohail Mahmood on Friday said that Pakistan is committed to implementing the 27 International Conventions covered under the preferential trade scheme, a press release issued by the Associated

Cham Wings to begin Karachi-Damascus service

December 04, 2021 (MLN): Syrian private airline Cham Wings is set to begin Karachi-Damascus service from December 15 onwards, the company said during an inauguration ceremony held in Karachi earlier this week. “A new

IAP, CDC for digital aggregation of insurance products

December 03, 2021 (MLN): Under the regulatory impetus of the Securities Exchange Companies of Pakistan (SECP), the Insurance Association of Pakistan (IAP) and Central Depository Company (CDC) on Friday signed an agreement for digital

SSGC to produce 4-5mmcfd bio-gas

December 03, 2021 (MLN): Minister for Energy Hammad Azhar on Friday underlined the need for exploiting the country’s full potential of biogas to meet the energy requirements of consumers. “Pakistan has till now

ECNEC approves various projects worth over Rs 326bln

June 7, 2021: The Executive Committee of the National Economic Council has approved various projects worth over Rs326billion rupees.  The ECNEC, which met in Islamabad with Finance Minister Shaukat Tarin in the chair approved dualization

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators Weekly Performance   Jun 04, 2021 May 28, 2021 PKR InterBank 154.6191 154.4341 KSE100 Index 48,211.70 47,126.29 Avg Daily Volume 1,121,493,915 1,237,389,399 Gold (Karachi) Rs/10 gm 95,850 95,850 KIBOR 6M

Weekly News Roundup

June 6, 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

Weekly Economic Roundup

June 06, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for the

Weekly SPI Increases by 16.12% YoY

June 04, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.61% during the week ended Jun 03, 2021 while the SPI increased by 16.12% compared to the corresponding period

Sindh govt approves pension reforms

June 4, 2021 (MLN): Sindh Government in principle has approved reforms to bring the surging pension bill under control. According to the official Twitter handle of the Sindh Government, the current monthly pension bill of

Govt to update Oil Refining Policy: Tabish Gauhar

June 4, 2021 (MLN): Government is close to updating its Oil Refining Policy to incentivize existing refineries to upgrade & modernize alongside encouraging setting up of new deep-conversion refining-cum-petrochemical assets to further reduce our dependence