November 3, 2021: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, after listening to the grievances being faced by members of All-City Tajir Ittihad (ACTI), assured that KCCI would take up
November 3, 2021 (MLN): The fertilizer industry is playing a critical role in ensuring food security and managing food inflation in Pakistan through adequate and affordable supply of urea at one fifth the
November 3, 2021 (MLN): The first consignment of trucks has reached Pakistan from Uzbekistan via the Torkham border. The aforesaid information was shared by Abdul Razak Dawood, Adviser to Prime Minister of Pakistan
November 03, 2021: Pfizer again boosted its 2021 profit and revenue outlook on Tuesday, bolstered by the latest surge in Covid-19 vaccinations, including regulatory approvals for boosters and shots for younger children. Shares
November 03, 2021: “Pakistan can grow its tea in good quality and develop tea export,” said Mr Hu Haibo, who, once in the 1980s, led a Chinese mission to Pakistan to investigate and
Nov 03, 2021: Minister for Energy Hammad Azhar Wednesday said Pakistan was near completing the action plans given by the Financial Action Task Force (FATF) to ensure compliance in line with its standards.
November 03, 2021: German luxury carmaker BMW said Wednesday that it was able to book a significant increase in profits in the third quarter, despite a global shortage in computer chips plaguing much
November 03, 2021: Europe's main stock markets flatlined on Wednesday, before the outcome of a critical US monetary policy meeting. The US Federal Reserve is expected to announce plans to begin tapering its
November 3, 2021 (MLN): Federal Cabinet has approved the re-appointment of Brig. (R) Shujah Hassan Khurazmi S.I.(M) as CEO Pakistan Steel Mills for a further one year. The Cabinet, which met in Islamabad
November 3, 2021: The presidents of the Asian Development Bank (ADB) and European Investment Bank (EIB) signed a memorandum of understanding (MOU) yesterday setting out areas of cooperation in Asia and the Pacific
November 3, 2021 (MLN): Pakistan's merchandise trade deficit for the month of October 2021 clocked in at $3.9billion compared to a deficit of $1.79bn in the corresponding month last year, depicting a growth
November 3, 2021: Foreign Minister Shah Mahmood Qureshi emphasized the importance of enhanced political and economic linkages and operationalization of the Pakistan-Uzbekistan Transit Trade Agreement (UPTTA) recently signed between the two countries. On
November 3, 2021: Prime Minister Imran Khan in his address to the nation on Wednesday will announce the biggest relief package of the country's history. This was stated by Minister for Information and
November 3, 2021: Mr. Omar Ayub Khan, Federal Minister for Economic Affairs witnessed the signing of the Financial Cooperation Agreement amounting to €129million between the Ministry of Economic Affairs, Pakistan, and the Federal
November 03, 2021: Federal Secretary Board of Investment (BOI), Fareena Mazhar on Tuesday encouraged Investors to explore housing sector of Pakistan, which offered tremendous ‘Tax-Based Rebates'. Eligible developers and builders would be exempted
The textile sector has shown its displeasure over the government’s decision to shut down all activities during Eid holidays saying that the move will hurt exporters. May 02, 2021: Aptma Patron-in-Chief Gohar Ejaz said in
Market Data and Economic Indicators Weekly Performance Apr 30, 2021 Apr 23, 2021 PKR InterBank 153.4529 153.8711 KSE100 Index 44,262.35 44,706.76 Avg Daily Volume 331,198,865 332,721,658 Gold (Karachi) Rs/10 gm 89,678 89,163 KIBOR 6M
May 2, 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 02, 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 Yearly Inflation Rate (New Base 2015-16) in
May 1 2021:Prime Minister Imran Khan and State Bank of Pakistan (SBP) Governor Dr. Reza Baqir today announced the launch of Roshan Apni Car initiative. SBP said RDA was conceived to offer lifestyle banking products
May 1 2021:The European Parliament on Thursday called upon the Commission and the European External Action Service (EEAS) to immediately review Pakistan’s eligibility for GSP+ status It reviews whether there is sufficient reason to initiate
May 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in April 2021 was 11.10 percent compared to 9.05 percent in March 2021 and 8.53 percent in April 2020. The July-April average inflation is
April 30, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.05% during the week ended Apr 29, 2021 while the SPI increased by 16.9% compared to the corresponding period
April 30, 2021 (MLN): The country is expected to witness its first double-digit CPI figure in FY21, as the headline inflation during the month of April 2021 is likely to clock in between 10.6%- 11.2%
April 30, 2021:Nothing is more reflective of Pakistan’s perpetual boom-and-bust macroeconomic cycle every few years than the financial statements of steel companies. Increasing top and bottom lines, coupled with capacity additions during the growth phase
April 30, 2021: Federal Minister for Privatisation Mohammedmian Soomro and Minister for Industries and Production Khusro Bakhtiar co-chaired an Inter-Ministerial weekly Progress review meeting on revival of Pakistan Steel Mills Corporation (PSMC) today in Islamabad.
April 30, 2021: Chief Economist Ministry of Planning Development & Special Initiatives Dr. Muhammad Ahmad chaired a Round Table Discussion on Migration Data Management Practices for SDGs achievement in Pakistan here in Islamabad on Thursday.
April 30, 2021 (MLN): The first containerised shipment by truck from Karachi under the TIR Rules has cleared Torkhum and on its way to Uzbekistan. Making an aforesaid announcement on Twitter, Adviser to PM for
April 30, 2021 (MLN): The federal government has decided to discontinue Rs7,500 and Rs15,000 denomination prize bonds from January 1, 2022, in order to address concerns raised by Financial Action Task Force (FATF) related to
April 30, 2021: Finance Minister Shaukat Tarin has called for all-out effort to complete Pakistan Single Window project for ease in imports and exports. Chairing meeting of the Steering Committee for Pakistan Single Window in
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