October 08, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.21% during the week ended Oct 07, 2021, while the SPI increased by 12.94% compared to the
October 8, 2021: SBP has launched today a dedicated landing webpage, https://www.sbp.org.pk/hcf/index.html, on promoting housing and construction finance on its website. The page contains extensive information on housing and construction finance and Mera
October 8, 2021: The Securities and Exchange Commission of Pakistan (SECP) registered 2,223 new companies in September 2021, up by 20% over the same period in the preceding year. Total capitalization (paid-up capital) of
October 08, 2021: The National Electric Power Regulatory Authority (NEPRA) on Friday notified Rs 1.95 per unit increase in power tariff for August under monthly fuel cost adjustment (FCA) mechanism. The Central Power
October 08, 2021: Pakistan has been named as one of the fastest growing economies in Asia said a latest report of Mckinsey and Company on the Pakistani ecosystem. The Ministry of Information Technology
October 08, 2021 (MLN): The second meeting of the Cotton Crop Assessment Committee of the Ministry of National Food Security was held in Islamabad yesterday under the chairmanship of Federal Secretary Food Security
October 08, 2021: The World Bank has projected Pakistan's poverty rate to ease from current 4.8% to 4.4% in Fiscal year 2021-22 and 4.0% in next fiscal year (2022-23). The World Bank has
October 8, 2021 (MLN): Remittances by overseas Pakistanis continued to surge, recording $2.7 billion in September 2021, up by 0.5% MoM and 16.9% YoY basis. Cumulatively, remittances reached $8.0bn in 1QFY22; a significant
October 08, 2021: Spokesperson of the Minister of Finance Muzzammil Aslam on Friday said that government in an aim to provide relief to businesses community has planned to announce a huge incentive package
October 08, 2021: The two state-owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) would lay around 18,731-kilometer (km) pipelines in their respective areas to strengthen their network
October 8, 2021: Akhuwat Islamic Finance (AIM), K-Electric, and Engro Energy signed a Memorandum of Understanding (MoU) on Wednesday, 6th October 2021 to offer interest-free microfinance loans (Qarze-Hasna) to households and small business
October 08, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Friday, in which it injected Rs.2,170.7 billion into the market for 7 days at 7.33 percent. Summary
October 8, 2021 (MLN): The flow of circular debt in the power sector during the July-Aug FY22 has declined from Rs86 billion last year to just Rs 13 billion this year. The aforesaid
October 8, 2021 (MLN): At the onset of FY22, the government set a massive target of Rs610bn worth of Petroleum Development Levy (PDL). This was right after the government surpassed the seemingly impossible
October 8, 2021 (MLN): Overseas Pakistanis deposited USD297 million into Roshan Digital Account during September 2021, taking the cumulative amount to USD2.41 billion. It took six months to reach the first USD500 million,
March 24, 2021 (MLN): Pakistan State Oil, the country's state-run retail oil supplier, invited bids for two liquefied natural gas (LNG) cargoes for the month of May to curtail load shedding during the start of
March 24, 2021: Chinese Foreign Minister Wang Yi has reassured his country's firm support to Pakistan in the fight against Covid-19. During a telephonic conversation with Foreign Minister Shah Mahmood Qureshi, he said we accord
March 23, 2021 (MLN): Pakistan’s refinery sector is in for a major overhaul as the current government is all-set to announce a policy to attract new investments and spur up gradation of the existing in
March 22, 2021: In line with Government of Pakistan’s initiative for the development of housing and construction sector, the State Bank of Pakistan (SBP) has been taking various regulatory steps to enhance banks/DFIs participation through
March 22, 2021: Pakistan has invited bids from foreign suppliers to help the country to bring eight LNG cargoes for the period April to June aimed to meet the energy shortfall and curtail load shedding.
March 22, 2021 (MLN): The Banking sector spread for February 2021 remained static at 4.38% as it showed almost no change over prior month's spread. However, the spread has contracted by 99 bps as compared
March 22, 2021 (MLN): The Central Power Purchasing Agency (CPPA) has proposed an increase of Rs 0.6573/kWh over the reference fuel charges of Rs 4.1414/kWh under fuel price adjustment for the month of February 2021
March 22, 2021 (MLN): Pakistan’s trade deficit in services stood at $186 million during the month of February 2021, signifying a fall of 54%, as compared to the same period of last year while it
March 22, 2021 (MLN): Pakistan’s Current Account deficit (CAD) has declined by 75% YoY and 76% MoM to USD50 million in February 2021, compared with the deficit of USD197 million in February 2020 and USD210
March 21, 2021 (MLN): Pakistan’s Current Account for the month of February 2021 showed a deficit of USD 50 million compared to a deficit of USD 210 million from January 2021 and deficit of USD
March 21, 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
March 21, 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. The Weekly Sensitive Price Indicator (SPI) for the
Market Data and Economic Indicators Weekly Performance Mar 19, 2021 Mar 12, 2021 PKR InterBank 155.9724 157.1388 KSE100 Index 44,901.31 43,788.08 Avg Daily Volume 482,602,891 432,774,650 Gold (Karachi) Rs/10 gm 91,907 89,550 KIBOR 6M
March 20, 2021: Prime Minister Imran Khan has tested positive for Covid-19. Confirming this in a tweet, Special Assistant on National Health Services Faisal Sultan said the Prime Minister has self-isolated himself at home. Radio
March 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.19% during the week ended Mar 18, 2021 while the SPI increased by 13.21% compared to the corresponding period
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