November 10, 2021: Prime Minister Imran Khan on Wednesday directed the Naya Pakistan Housing & Development Authority (NAPHDA) to accelerate the pace of work on all projects to provide affordable housing facility to
November 10, 2021: Europe's main stock markets rose slightly at the start of trading on Wednesday as investors focus on more evidence of inflation surging globally. London's benchmark FTSE 100 index gained 0.2
November 10, 2021 (MLN): The government is not planning to discontinue the release of weekly Sensitivity Price Index (SPI) as claimed by some media reports, clarified the Spokesperson to Finance Minister Muzammil Aslam on
November 10, 2021: Pakistan Sugar Mills Association (PSMA) members posed their full confidence in the leadership of Mr. Shaukat Tarin and assured their full support to ensure the availability of sugar on affordable
November 10, 2021: The US Consul General in Lahore William K. Makaneole accompanied by the USAID Director, Office of Energy Jenna Diallo called on WAPDA Chairman Lt Gen Muzammil Hussain (Retd) at WAPDA
November 10, 2021: The Asian Development Bank (ADB) board is expected to approve a US$ 600 million program for the country's social protection during the first week of December, ADB’s Director General Central
November 10, 2021: The World Health Organization warned Tuesday there could be shortfall of up to two billion syringes in 2022, which threatens to hamper vaccine efforts globally is production does not improve.
Nov 10, 2021: Minister for Industries and Production, Makhdum Khusro Bakhtyar on Tuesday said that all necessary measures have been taken to increase wheat and sugar production. The sugar mills will start crushing of
November 09, 2021 (MLN): Pakistan’s gross domestic product (GDP) could grow by 4-4.7% in FY22 if the government is successful in vaccinating the population and carries out reforms, said Institute of International Finance (IIF)
November 9, 2021: High Commissioner of Nigeria Mohammed Bello Abioye has said that although an agreement was signed for setting up a joint Chamber of Commerce & Industry between Nigeria and Pakistan in
November 9, 2021: The Cabinet approved the Strategic Trade Policy Framework (STPF) 2020-25 today. The STPF 2020-25 aims to enhance the ability of Pakistani enterprises capacity to produce, distribute and sell products and
November 9, 2021 (MLN): Pakistan’s overall fiscal deficit in 1QFY22 stood at 0.8% of GDP (Rs 438.49 billion) against 1.1% of GDP (Rs 484.32 bn) in 1QFY21, showing a decline of Rs46bn or
November 9, 2021 (MLN): Finance Minister Shaukat Tarin on Tuesday clarified that the news regarding Prime Imran Khan dropping his plans to call International Monetary Fund (IMF) Chairman Kristalena Georgieva are “completely flawed
November 9, 2021 (MLN): The government only managed to collect Rs13.35 billion through the petroleum levy during the 1QFY22 as high international crude prices have narrowed collections from fuel prices, latest fiscal operations
November 09, 2021: Minister for Planning, Development, and Special Initiatives Asad Umar, while appreciating the contribution of the World Bank in the socio-economic development of Pakistan, said on Tuesday that the incumbent government was
May 18, 2021 (MLN): The overall soundness of the banking system has weakened as the major indicators such as asset quality, capital adequacy and earnings declined on QoQ basis during 1QCY21. While liquidity of the
May 18, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared four development projects with a cumulative estimated cost of Rs8.7billion & and recommended one project worth Rs17bn
May 18, 2021 (MLN): Remittances by overseas Pakistani continued to surge, rising to an all-time high of $2.8bn in Apr21, 56% higher than a year ago, the central bank said on Tuesday. Cumulatively, during July-April
May 17, 2021 (MLN): The sale of passenger cars during the month of April 2021 was recorded at 14,435 units against a total production of 14,416 units, which is around 15.60 percent lower as compared
May 17, 2021: Pakistan's economy is on a solid growth path and has the potential to grow at a much higher rate in the next five years despite a challenging environment across the globe, Khaleej
May 17, 2021: Federal Board of Revenue (FBR) has extended the date of payment and submission of sales tax and federal excise return for the tax period of April 2021. In its letter to all
May 17, 2021: Minister for Energy Hammad Azhar says the federal government and K-Electric have agreed in principle to resolve most of their long-standing disputes regarding additional supply, payment procedures, and subsidy disbursements. In a
Local JV consortium comprising of some leading corporate names has submitted a proposal to BMEC for development of Rekodiq and Tanjeel reserves.
May 16, 2021 (MLN): The appetite of foreign investors for Pakistan’s long-term instruments is showing signs of recovery as overseas investors poured in $245.64mn into Pakistan Investment Bonds (PIBs) during July-Apr FY21. However, the foreign
Market Data and Economic Indicators Weekly Performance May 14, 2021 May 07, 2021 PKR InterBank 152.2753 152.2753 KSE100 Index 45,174.67 45,174.67 Avg Daily Volume – 241,354,931 Gold (Karachi) Rs/10 gm 89,506 89,506 KIBOR 6M
May 14,2021:Remittances to South Asia remained resilient despite a shaky outlook at the outset of the spread of Covid-19, according to the latest data released by the World Bank on Friday. “Inward remittance flows to
May 12, 2021: First-ever truck laden with goods from Uzbekistan under the convention of International Transport of Goods arrived in Pakistan earlier today. Abdul Razzaq Dawood said. “MOC is pleased to inform that a new milestone
May 12, 2021: The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the Prime Minister (PM) Imran Khan to the neglected and uncontrolled rice, cotton, sugar and commodities sector and called
May 11, 2021: Prime Minister Imran Khan said that government is fully determined to involve private sector in the development process as it is very crucial keeping in view of the public need. He was
May 11, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the National Price Monitoring Committee (NPMC) at the Finance Division yesterday. Federal Minister for National Food Security and Research
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