December 12, 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. Pakistan’s exports had the fastest growth
December 12, 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
December 11, 2021: Upon receipt of credible information, the Intelligence Team of Customs Enforcement, Karachi conducted surveillance on warehouses located at Aram Bagh market, Lucknow, and Al-Jadeed Market Saddar, Karachi, where a huge
December 11, 2021: State Bank of Pakistan (SBP) has issued revised Prudential Regulations for Microfinance Banks (MFBs) to streamline the requirement of obtaining Credit Information Report (CIR) and simplifying the documentary requirements from
December 10, 2021 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group witnessed a drop for the third consecutive week, going down by 0.07% WoW for the week ended December 09,
December 10, 2021: The two state-owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) are currently in process of executing at least six strategic projects to supply gas
December 10, 2021: Indus River System Authority (IRSA) Friday released 87,275 cusecs water from various rim stations with an inflow of 33,827cusecs, as reported by APP. According to the data released by IRSA,
December 10, 2021 (MLN): Pakistan’s exports had the fastest growth rate in South Asia in the month of November 2021, said Abdul Razak Dawood, Adviser to PM for Commerce and Investment. Making an
December 10, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1.71trillion into the market for 7 days at 9.02 percent. Summary of OMO
December 10, 2021: The Governor State Bank of Pakistan, Dr. Reza Baqir has been appointed as the Chairman of the Council of Islamic Financial Services Board (IFSB), Malaysia for the year 2022, the
December 10, 2021: National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs 4.74 per unit increase in tariff for October under the monthly fuel cost adjustment (FCA) mechanism. According to the notification,
December 9, 2021 (MLN): Pakistan's startup ecosystem has been able to secure over $300 million in funding this year after four e-commerce companies raise fresh funds, adviser to PM for Commerce and Investment
December 9, 2021 (MLN): Following the hike in the policy rate, the government on Thursday, increased profits rates on all national savings schemes by up to 2.4%, which would be effective from December
December 09, 2021 (MLN): The Consumer Confidence Index (CCI) decreased by 19.6% QoQ in Q3 2021 compared to Q2 2021 (NI = 70.8), indicating deteriorating consumer sentiments, the findings of the CCI survey for Q3
December 9, 2021(MLN): Investors, regulators and stakeholders in capital markets are paying increasing attention to social issues and this Environmental, Social and Governance (ESG) theme will rise in prominence over 2022, Sustainable Fitch
June 10, 2021: Prime Minister Imran Khan says a comprehensive strategy has been devised for the first time in Pakistan to bring the poor out of poverty. Chairing a meeting on Kamyab Pakistan Program in
June 10, 2021: President Dr Arif Alvi says Pakistan’s inclusion in Amazon’s sellers’ list would boost country’s exports and generate employment opportunities for young entrepreneurs. Chairing a briefing in Islamabad on Wednesday, he said Amazon
June 10, 2021: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Cabinet Division yesterday. The meeting was participated by
Ever since the launch of Auto Policy 2016-21, the number of automobile manufacturers in the country has doubled. However, with the policy’s expiry due in 2021, the government is drafting Auto Policy, 2021-26 with incentives
June 9, 2021: Dawaai, Pakistan’s largest online pharmacy, has closed its $8.5million venture round led by 500 Startups (500) and participation from Sarmayacar and notable family offices. Other investors in Dawaai include Kingsway Capital, Crimson
June 9, 2021: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, will launch the Pakistan Economic Survey 2020-21 in a graceful ceremony tomorrow, 10th June, 2021. The Economic Survey will provide comprehensive details
June 9, 2021: The Value Added Textile Exports Associations demand the Govt. for restoration of Zero Rating – No Payment No Refund System, a continuation of Duty Drawback of Taxes (DDT) & Technology Up-gradation Fund
June 9, 2021: The National Electric Power Regulatory Authority (NEPRA) has taken serious notice of excessive load shedding faced by the consumers throughout the country, due to which the public is suffering heavily in the
June 9, 2021 (MLN): The total Deposits held by Commercial Banks have shown a growth of 16% YoY to Rs17.95 trillion, which is the highest growth in the month of May'21 in six years. While,
June 9, 2021 (MLN): Sazgar Engineering Works Limited (SAZEW) sold a total of 912 units of three-wheeler against the production of 955 units during the month of May 2021. The aforesaid information was revealed by
June 9, 2021 (MLN): A joint venture of Service Group and Chinese firm Chaoyang Long March Tyre Co Ltd is all set to commence the Tyre manufacturing plant this month in Pakistan for the buses
June 9, 2021 (MLN): The new Karachi-Lahore RLNG pipeline project is critical to our energy supply ecosystem, Tabish Gauhar, Special Assistant to Prime Minister (SAPM) on Power and Petroleum via his official Twitter handle said.
June 9, 2021 (MLN): Pakistan’s cotton production is expected to reach 5.3 million bales during the upcoming FY2021-22 from 4.5m* bales in the FY2020-21 despite balanced risks to the textile crop, says Fitch Solutions in
June 9, 2021: Planning Minister Asad Umar says the government will allocate 2,021 billion rupees for projects under Public Sector Development Program with increase of 36.1 percent for coming fiscal year 2021-22. Addressing a press
June 09, 2021 (MLN): Pakistan's trade deficit for 11 months (July-May) FY21 was USD 27.49 billion compared to a deficit of USD 21.05 billion from the corresponding period from FY20. According to data released by
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