October 13, 2021: Oil and Gas Regulatory Authority (OGRA) Tuesday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks of the SSGC and SNGPL for the current month with a
October 13, 2021: The ongoing hit from the Covid-19 pandemic and the failure to distribute vaccines worldwide is worsening the economic divide and darkening prospects for developing nations, the IMF said Tuesday. Global
October 12, 2021 (MLN): The number of passenger cars sold in the country witnessed an upsurge of whopping 81% YoY to 57,539 units during 1QFY22 on the back of the announcement of duty
October 12, 2021: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highly criticizing FBR’s decision to revoke the clause that made it mandatory to warn defaulters 24 hours before freezing
Oct 12, 2021: The global trade finance gap grew to an all-time high of 1.7 trillion dollars in 2020, a 15-percent increase from two years earlier, as the pandemic heightened economic and financial
October 12, 2021: G20 leaders will hold a virtual summit on Tuesday to discuss Afghanistan, with the Italy-hosted talks focused on the humanitarian and security situation following the takeover by the Taliban. Italian
October 12, 2021: Pakistan’s IT sector has made measurable and quantifiable progress due to the strong focus of the incumbent government on ensuring sustainable IT industry growth. The numbers of IT companies have
October 12, 2021: Power generation of Tarbela Dam Tuesday decreased to 1,711 Megawatts, as 11 power generating units of the dam were working. The water level of the Terbaila dam was also decreased to
October 12, 2021: Consumer Affairs Department of National Electric Power Regulatory Authority (NEPRA) disposed of 9,984 complaints of consumers received against power distribution companies (DISCOs) during last fiscal year 2020-21. Sources told APP
October 12, 2021: Indus River System Authority (IRSA) Thuesday released 101,809 cusecs water from various rim stations with inflow of 87017 cusecs. According to the data released by IRSA, water level in the
October 12, 2021: European stocks opened lower Tuesday, mirroring Asian indices as investors fretted over spiking inflation, signs of economic weakness, an end to central bank support and a global energy crisis. In
October 12, 2021: The government has taken radical and innovative measures for uplift of the minerals sector with coordinated efforts of all stakeholders including provincial authorities. “The country is blessed with 92 minerals,
October 12, 2021 (MLN): The first National Logistics Cell (NLC) truck transporting commodities from Pakistan reached Turkey through Iran on October 7, 2021 under the Transports Internationaux Routiers (TIR) convention. Making an announcement
October 12, 2021: Prime Minister Imran Khan on Monday chaired a meeting on facilitating Chinese investors in Special Economic Zones (SEZs). The Prime Minister said, “Pakistan needs investment to accelerate industrialisation. “It is
October 12, 2021: Pakistan and Saudi Arabia Monday discussed matters pertaining to mutual interest and agreed to further strengthen economic and business ties between the two brotherly countries. The agreement was reached during
Mar 29, 2021: Federal Government has released Rs. 492.772 billion out of total allocation of Rs 650 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme
March 29, 2021 (MLN): The Prime Minister Imran Khan on Monday, showed his concern on shortage and escalating cotton yarn prices in the country during a meeting. Taking to his twitter handle, Commerce Adviser Razak
Mar 29, 2021: Pakistan and Denmark Monday formed a Joint Technical Working Group (JTWG) aimed at framing the Terms of Reference (ToRs) for Government-to-Government agreements in the field of energy. The JTWG was constituted during
March 29, 2021 (MLN): The prospects of economic growth for the current fiscal year are showing visible signs of improvement, however, the third wave of the pandemic is posing some downward risks, said Finance Ministry
March 29, 2021 (MLN): The Federal Board of Revenue (FBR) on Friday stated procedures for industrial units operating in tribal areas to control the movement of tax-exempt goods from non-tariff areas to taxable areas of
March 29, 2021: Governor State Bank of Pakistan, Reza Baqir says all out efforts are being made to improve economy and exports of the country. In an interview with a private news channel, he said
March 28, 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. Pakistani Rupee strengthened by 1.4 rupees against the
March 28, 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
Market Data and Economic Indicators Weekly Performance Mar 26, 2021 Mar 19, 2021 PKR InterBank 154.5867 155.9724 KSE100 Index 45,521.63 44,901.31 Avg Daily Volume 462,521,156 482,602,891 Gold (Karachi) Rs/10 gm 91,607 91,907 KIBOR 6M
March 26, 2021 (MLN): The total deposits held by Commercial Banks have shown a robust growth of 16% YoY to Rs 17.25 trillion in February 2021. While, on monthly basis, commercial banks’ deposits inched up
March 26, 2021 (MLN): Some observers argue that the State Bank of Pakistan (SBP) Amendment Act, 2021 is radical in nature and essentially translates into the government handing over the country’s central bank to the
March 26, 2021: State Bank of Pakistan (SBP) has developed a Digital Bank draft Regulatory Framework for public consultation. The proposed Framework has been shared with the industry and placed on the SBP’s website (at
March 26: In pursuit of its agenda to promote ease of doing business and digitalization, the Securities and Exchange Commission of Pakistan (SECP), in coordination with State Bank of Pakistan (SBP), had launched an exclusive
March 26, 2021: The World Bank’s Board of Executive Directors approved $600 million on Thursday in financing from the International Development Association (IDA) for the Crisis-Resilient Social Protection Program (CRISP) that will support Pakistan to
March 26, 2021 (MLN): Dun & Bradstreet Pakistan and Gallup Pakistan have issued a special press release on ‘Pakistan Consumer Confidence Index (CCI) for Q4 2020, as per which, 42% of Pakistanis believe unemployment will
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