November 30, 2021 (MLN): It is too soon to incorporate the effects of the new Omicron coronavirus variant into global economic growth forecasts until more is known about its transmissibility and severity, Fitch
November 29, 2021: Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the actions of the State Bank of Pakistan, particularly with regard to monetary policy
November 29, 2021 (MLN): Minister for Planning, Development, and Special Initiatives Asad Umar on Monday said that keeping in view the impending threat of the new variant of COVID-19, the government had decided
Nov 29, 2021: Minister for Maritime Affairs Ali Haider Zaidi on Monday said a big challenge for Karachi Port Trust (KPT) was the movement of cargo and traffic congestion caused by it. He
November 29, 2021: A deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the Government of the Islamic Republic of Pakistan, represented by the State
November 29, 2021 (MLN): The Sui Southern Gas Company (SSGC) has suspended gas to CNG stations due to an extraordinary increase in demand with the advent of the winter season, SSGC informed via
November 29, 2021 (MLN): Supernet Limited (Supernet), Pakistan’s largest satellite communications systems integrator and service provider and PAKSAT International (PAKSAT), Pakistan’s national satellite operator have signed a strategic partnership to expand the existing relationship,
November 29, 2021: European stock markets rallied in opening deals on Monday, rebounding from a pre-weekend slump that was sparked by fears over a new variant of Covid-19. London, Frankfurt and Paris gained
November 29, 2021: The coronavirus pandemic will cost the global tourism sector $2 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery “fragile” and “slow”. The
November 29, 2021 (MLN): Automaker Nissan is planning to plow billions of dollars to increase its global sales of Electric Vehicles (EV) as the company wants half its global sales to be hybrid vehicles by 2030,
November 29, 2021 (MLN): Pakistan Civil Aviation Authority (PCAA) would facilitate all those Pakistanis, stranded in Omicron corona variant-affected countries to return home, till December 5 under the set Standing Operating Procedures (SOPs),
November 29, 2021 (MLN): Tata Foods has exported Pakistan’s first-ever meat consignment to Jordan, Advisor to Prime Minister of Pakistan for Commerce and Investment informed on Monday. While congratulating the company via tweet,
November 29, 2021 (MLN): The government is all set to invest Rs111 billion in different power transmission projects during the next three years, official sources told APP on Monday. The transmission line projects
November 29, 2021 (MLN): The State Bank of Pakistan (SBP) on Saturday, clarified the concerns recently raised by some sections of media over the macroeconomic projections in the SBP’s annual report FY21. According
November 29, 2021 (MLN): Fitch Ratings expects a modest improvement in average cash flow from operations for the Asia-Pacific (APAC) Technology sector in 2022, as economic uncertainties and continuing Covid-19 influences temper cash-flow
June 1, 2021: Prime Minister Imran Khan formally launched Pakistan's first Green Eurobond at a ceremony in Islamabad on Monday. The Green Euro, called Indus Bond, has been issued by Water and Power Development Authority
June 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in May 2021 was 10.87 percent compared to 11.10 percent in April 2021 and 8.2 percent in May 2020. The July-May average inflation is
June 1, 2021: The Federal Minister for Finance and Revenue, Shaukat Tarin, chaired a special meeting of the Economic Coordination Committee (ECC) of the Cabinet yesterday. Federal Minister for Planning, Development and Special Initiatives Asad
June 1, 2021 (MLN): Tax evasion and illegal trade in several sectors of Pakistan caused an annual loss of around Rs310bn to the national exchequer. According to a report by IPSOS, a France-based, world’s third-largest
May 31, 2021 (MLN): Unsurprisingly, the Monetary Policy Committee (MPC) of the SBP held its benchmark policy rate at 7% on Friday, to facilitate economic growth and recovery. The decision was in line with the
May 31, 2021 (MLN): After the status quo decision of the central bank on policy rate at 7% in its latest MPC meeting with the confidence of strong economic recovery, all eyes are on May’s
May 31, 2021: Indus River System Authority (IRSA) on Monday released 204,600 cusecs water from various rim stations with inflow of 229,100 cusecs. According to the data released by IRSA, water level in the Indus
May 31, 2021: Pakistan Tourism Development Corporation (PTDC) Managing Director Aftab Rana on Monday said that the government was taking multiple initiatives to promote Pakistan's tourist destination image globally and first ever Pakistan's tourism brand
May 31, 2021: Pakistan on Monday lauded the cooperation of Kuwait in resumption of visas for Pakistani families and businessmen after a decade-long suspension. “We greatly appreciate Kuwaiti cooperation in this regard,” Foreign Office Spokesperson
May 31, 2021: The federal government has extended the date for encashment of Rs25,000 and Rs,40000 prize bonds. According to the Ministry of Finance, the investors can now redeem these prize bonds till September 30,
May 31, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared fifteen development projects with a cumulative cost of Rs45.09billion and recommended four projects worth Rs124.09bn to the
May 31, 2021: Minister for Finance and Revenue, Shaukat Tarin says the government has no intention to impose any new tax in the upcoming budget, but it would broaden tax base with use of technology
May 31, 2021: Prime Minister Imran Khan says the country’s projected growth rate at more than 4 percent would spur economic activities in the country, provide job opportunities and reduce price hike. Responding to public
May 31, 2021: Pakistan's first Green Euro (Indus Bond) will be officially launched by the Water and Power Development Authority, today (Monday). Prime Minister Imran Khan will be the chief guest at the launching ceremony.
May 31, 2021: Minister for National Food Security and Research, Syed Fakhar Imam says record production of wheat, rice, and maize has been witnessed this year. Addressing a news conference in Islamabad on Saturday, he
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