November 9, 2021 (MLN): The State Bank of Pakistan (SBP) has rebuffed the rumours propagating on social media about Pakistani currency’s possible design change. “Some fake news regarding new designs of currency notes
November 9, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared three development projects with a cost of Rs. 9.168bn &recommended two projects worth Rs. 130bn to
November 8, 2021: Mian Nasser Hyatt Maggo, President FPCCI, has expressed his shock over the interest rate of up to 9% under the State Bank of Pakistan (SBP)’ SME Asaan Finance Scheme (SAAF).
November 8, 2021: Federal Board of Revenue (FBR) in collaboration with the United Nations Office on Drugs and Crime (UNODC) organized outreach and capacity-building sessions for Designated Non-Financial Businesses and Professions (DNFBPs) to
November 8, 2021 (MLN): With changing world order, the countries are looking beyond the historic events, to reap maximum benefits by exploring the existing potential in terms of bilateral relations. Despite having bitter-sweet relations owing
November 8, 2021: The senior representatives of JP Morgan Mr. Asif Raza- Managing Director, Global Corporate Bank CEEMEA along with Mr. Imran Zaidi- Managing Director, Global Corporate Bank MENA and Mr. Amin M.
November 8, 2021 (MLN): Pakistan has been ranked first in The Economist’s World Normalcy Index, out of 50 countries. The Economist’s “normalcy index” aims to track which countries are returning to their pre-pandemic
November 8, 2021 (MLN): Obtuse social media commentary from the ruling party aside, ordinary Pakistani is being crushed under the weight of inflation. Elevated food and energy prices have forced people to cut
November 08, 2021: Adviser to Prime Minister on Finance and Revenue, Shaukat Tarin on Monday said that the government wants to bring back Pakistan's past economic glory when Pakistan was one of the
November 08, 2021 (MLN): Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q3 2021 as per which CCI declined sharply to 70.8 points
November 08, 2021: Europe's stock markets opened flat Monday after a mixed Asian performance as investors balanced bright US jobs data against stubborn fears over high inflation. London's benchmark FTSE 100 index edged
November 8, 2021: Marta Morgan, Deputy Foreign Minister of Canada deeply appreciated Pakistan’s assistance in the evacuation of Canadian nationals from Afghanistan and lauded Pakistan’s role in efforts for bringing peace and stability
November 08, 2021: Pakistan is very satisfied and glad to be participating in the very unique expo, because the China International Import Expo (CIIE) helps in improving Pakistan's overall trade with China and
November 08, 2021: State Minister for Information & Broadcasting Farrukh Habib said that despite the financial crunch, the government is undertaking a massive development program to make Pakistan self-reliant particularly in the agriculture sector.
November 08, 2021: The United States reopens its land and air borders Monday to foreign visitors fully vaccinated against Covid-19, ending 20 months of restrictions on travel from around the globe that separated
May 9, 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
May 09, 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 to the UK grew by 31%
Market Data and Economic Indicators Weekly Performance May 07, 2021 Apr 30, 2021 PKR InterBank 152.2753 153.4529 KSE100 Index 45,174.67 44,262.35 Avg Daily Volume 241,354,931 331,198,865 Gold (Karachi) Rs/10 gm 89,506 89,678 KIBOR 6M
May 8, 2021: The nation’s most progressive energy company, Pakistan State Oil (PSO), has once again taken the lead in digitizing its petroleum product supply chain. Special Assistant to Prime Minister for Power & Petroleum,
May 08, 2021: While continuing its outreach efforts to promote startups and innovative solutions to the financial market, the Securities and Exchange Commission of Pakistan’s (SECP) Innovation Office, in collaboration with National Incubation Center (NIC),
May 7, 2021 (MLN): Pakistan’s exports to UK have grown by 31% YoY during Jul-Apr FY21 to $1.709bn compared to $1.309bn recorded in the same period last year. These are the highest-ever exports to UK
May 07, 2021 (MLN): Foreign Investors during the week ended April 30, 2021, sold net Rs6.96 billion worth of securities against a net purchase of Rs2.07 billion recorded last week. According to a weekly report
May 7, 2021: The Competition Commission of Pakistan (CCP) has completed an enquiry in the poultry industry where it has been revealed that nineteen poultry feed companies have been involved in price coordination and their
May 07, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.5% during the week ended May 06, 2021 while the SPI increased by 17.05% compared to the corresponding period
May 7, 2021: In order to minimize shareholding disputes and make the entire process of holding, monitoring and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the
Since time immemorial, Pakistan’s macroeconomic cycle has been nothing but a series of booms and busts. The current government came on the promise of breaking this wheel and fixing the structural issues once and for
May 07, 2021 (MLN): The overall output of LSMI increased by 8.99% for July-March 2020-21 compared to July-March 2019-20. According to data released by the Pakistan Bureau of Statistics, the LSMI output increased by 22.39%
May 07, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.52.91 billion during the week ended April 30, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021 to Rs.434.66
May 07, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.485.65 billion during the week ended April 30, 2021, which brings its total net borrowing for the ongoing fiscal year 2021
May 7, 2021: The United States Government, along with the Government of Pakistan, launched the first international shipment from Pakistan that is compliant with the United Nations’ “Transports Internationaux Routiers” (TIR) Convention, an international customs
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