October 29, 2021: The Board of Directors of the State Bank of Pakistan on October 26, 2021, approved the Annual Performance Review on the working of the Bank and its subsidiaries and the
October 29, 2021 (MLN): The roaring energy prices in the global market have made survival difficult for the citizens of developing countries, where the crawling per capita income can never be imagined to
October 29, 2021: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin here on Friday expressed satisfaction over availability of Urea and directed the gas companies to streamline supply of gas
October 29, 2021: Building further on its policy of ensuring ease of doing business, Federal Government has provided relief to the business community by extending the warehousing period and waiving off the penal
October 29, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Friday, in which it injected 1,800.150 billion into the market for 7 days at 7.35 percent. Summary
October 29, 2021: The Eurozone economy maintained its healthy recovery from the pandemic at 2.2 percent, Eurostat said Friday, but surging inflation on high energy prices clouded future progress. Year-on-year inflation rocketed to
October 29, 2021: The government has allocated funds amounting to Rs 353.119 million to acquire two plots for construction of Anti Narcotics Force (ANF) Academy in H-11/1 sector of the federal capital. The
October 29, 2021(MLN): Ministry of Commerce (MoC) has announced that the second Pakistan Africa Trade Development Conference (PATDC) will be held at Lagos in Nigeria as part of measures to enhance bilateral trade
October 29, 2021: President Dr. Arif Alvi has asked the Overseas Pakistanis to benefit from the country’s business-friendly environment and invest in various sectors of the economy. He stated that Pakistan had adopted
October 29, 2021: Most markets struggled Friday to track another record performance on Wall Street as disappointing earnings from tech titans Apple and Amazon took some of the wind out of the sails
Oct 29, 2021: European stock markets slid at the open on Friday, with traders closing out the week by booking recent profits. London's benchmark FTSE 100 index dropped 0.7 percent to 7,197.57 points.
October 29, 2021: Amazon and Apple announced billions of dollars in quarterly profits on Thursday, but supply chain bottlenecks and the global chip shortage dented the tech giants, which have been riding a
October 28, 2021: Oil and Gas Regulatory Authority (OGRA) has recently established a Consumer Affairs Department (CAD) to handle general public’s grievances and ensure their prompt redressal on merit. “The Complaints and Appeals
October 28, 2021: Shell Pakistan Limited (SPL) has entered into a 10 year agreement with Pak-Arab Pipeline Company Limited (PAPCO) to upgrade transportation of fuel through a multi-grade pipeline. Currently, the pipeline system
October 28, 2021: The Securities and Exchange Commission of Pakistan (SECP) has once again warned the general public against investing in Ponzi and pyramid schemes, multi-level marketing (MLM), and other online schemes, that
April 20, 2021 (MLN): Pakistan's outstanding debts as of March 31, 2021 stand at a heaping sum of Rs.23.9 trillion whereas total debt at the end of prior month was Rs.23.61 trillion, meaning that around
April 20, 2021: President Dr Arif Alvi says the government is paying special attention to promotion of the dairy industry for growth in GDP, food security and poverty alleviation. Talking to a delegation from the
April 20, 2021 (MLN): In a recent development, UAE has deferred an outstanding loan payment of $2billion from Pakistan. The aforesaid announcement was made by the Spokesperson of MOF through Twitter handle on Tuesday. On
April 19, 2021 (MLN): Foreign direct investment in Pakistan stood at $167.6 million during March 2021, showing an increase of 8% MoM against the net inflow of $155 million recorded in February 2021. However, it
April 19 2021: Addressing a consultative roundtable, organized to discuss draft amendments to the REIT Regulations, 2015, the SECP Chairman, Aamir Khan reiterated the regulator’s resolve to reform the regulatory framework for REITs in the
April 19, 2021: The oil and Gas Regulatory Authority (OGRA) on Monday held a public hearing on petitions for grant of license for construction and establishment of an LNG re-gasification terminal including all allied facilities
April 19, 2021 (MLN): The trade value of food exports from the country in March’21 stood at $478.6 million, showing an increase of 32% YoY from $362.5mn in March 2020, when the demand was disrupted
April 19, 2021: Federal Government has released Rs500.942 billion out of the total allocation of Rs650 billion for various ongoing and new social sector uplift projects to date under its Public Sector Development Programme (PSDP)
April 19, 2021 (MLN): The total export of textile products rebounded in March 2021 as it surged by 10% MoM and 30% YoY(albeit from a low base, due to the Covid-19 lockdown last March) to
April 19, 2021 (MLN): The import bill of the Machinery group has witnessed an upsurge of around 72% YoY/16.5% MoM to stand at $1.07 billion in the month of March 2021. According to the data
April 18, 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
April 18, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. Pakistan's trade deficit for 9 months
April 18, 2021 (MLN): Pakistan's trade deficit for 9 months (July-March) FY21 was $20.83 billion, up by 20% YoY compared to a deficit of $17.34 billion in the corresponding period of FY20. According to data
Market Data and Economic Indicators Weekly Performance Apr 16, 2021 Apr 09, 2021 PKR InterBank 152.8159 152.9432 KSE100 Index 45,305.63 45,186.48 Avg Daily Volume 368,000,298 410,078,495 Gold (Karachi) Rs/10 gm 88,305 89,249 KIBOR 6M
April 16, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.54% during the week ended Apr 15, 2021 while the SPI increased by 18.89% compared to the corresponding period
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