September 22, 2021 (MLN): The overall power generation surged by 10% YoY to 16,078 GWh during the month of Aug’21 compared to 14,630 GWh during Aug’20. The increase in power production is mainly
Sep 22, 2021: Will they or won't they? Markets worldwide will be holding their collective breaths on Wednesday as they await the Federal Reserve's decision on whether it will begin to close the
September 22, 2021 (MLN): Central Power Purchasing Agency (CPPA) has proposed an increase of Rs2.0719/kWh over the reference fuel charges of Rs4.7334/kWh under fuel price adjustment for the month of August 2021 for
Sep 22, 2021: Afghanistan will need to engage in regional trade and development activities to embark on the road to prosperity after the collapse of the Ashraf Ghani government in Kabul. The China-Pakistan
September 22, 2021 (MLN): Samsung Electronics is in the process of establishing its TV line-up plant in collaboration with R&R Industries in Karachi. Sharing the aforesaid information, Abdul Razak Dawood, Adviser to PM
September 22, 2021: Pakistan’s economic growth rebounded to 3.9% in the fiscal year 2021 and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the second year of the
September 22, 2021: Prime Minister Imran Khan chaired a meeting of the Federal Cabinet on Tuesday. During the meeting, the Cabinet approved a one-time waiver in the rules of the Import Policy Order regarding
September 22, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, recommended one project worth Rs20.17 billion to the Executive Committee of the National Economic Council (ECNEC)
September 22, 2021: A one-day workshop, ‘driving change’ on the challenges of a regulatory body – monitoring and compliance of rules and regulations and carrying out inspections, reporting, and the role of Third
September 22, 2021: In a high-level policy review meeting, Federal Minister for Planning Development & Special Initiatives, Asad Umar made a detailed review of the new and ongoing health schemes that have received
September 22, 2021: The study, “Pakistan Housing Finance, a business case for Financial Institutions,” highlights the need for financial institutions (FIs) to expand into housing finance across different income segments—particularly low- and middle-income
September 22, 2021: The 9th Privatisation Commission, Board meeting of the current year was held yesterday in Islamabad, under the chairmanship of the Federal Minister and Chairman Privatisation Mohammedmian Soomro. Federal Secretary, Board
September 22, 2021: Asian investors trod carefully on Wednesday but nerves appeared to be settled by news that troubled Chinese property giant Evergrande had agreed a plan to repay interest on one of its
September 22, 2021: European equities rebounded on Tuesday after fears over the possible collapse of Chinese property giant Evergrande sparked a rout across global markets in the prior session, but a mild rally
Sep 22, 2021: The Asian Development Bank warned of “lasting scars” from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling
Market Data and Economic Indicators Weekly Performance Feb 19, 2021 Feb 12, 2021 PKR InterBank 159.1023 158.8185 KSE100 Index 46,227.65 45,808.36 Avg Daily Volume 594,931,762 734,275,615 Gold (Karachi) Rs/10 gm 94,264 95,165 KIBOR 6M
February 19, 2021 (MLN): Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet today. Federal Minister for National Food Security and Research
Feb 19, 2021: Pakistan Software Export Board (PSEB) will sign a Memorandum of Understanding (MoU) with the Pakistan Stock Exchange (PSX) soon, ensuring sustainable growth of Pakistan’s IT sector in the country. The MoU is
February 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.55% during the week ended Feb 18, 2021 while the SPI increased by 9.92% compared to the corresponding period
February 19, 2021: A public consultation jointly organized by the Food and Agriculture Organization of the United Nations and the Forest and Wildlife Department, Government of Sindh, saw participants from the government, the conservation movement,
February 19, 2021 (MLN): The import bill of the Machinery group increased by 6% MoM and 9% YoY to clock in at $919.567 million in the month of January 2021. According to the data issued
February 19, 2021: Inaugural meeting of the 10th National Finance Commission was held in Islamabad on Thursday with Finance Minister Dr. Abdul Hafeez Shaikh in the chair. During the deliberations, members of the Commission highlighted
February 19, 2021 (MLN): The government of Pakistan has retired Rs.9.18 billion during the week ended February 05, 2021, which brings its total net borrowing for ongoing fiscal year 2021 to Rs.162.45 billion. As of
February 19, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.25.58 billion during the week ended February 05, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021 to Rs.312.66
February 18, 2021 (MLN): The total debt of the Central Government during the month of December 2020 surged by Rs. 3.59 trillion or 11% YoY to stand at Rs. 36.26 trillion when compared to Rs
February 18, 2021: A regular weekly meeting on privatization transactions update was called under the chairmanship of Federal Minister/ Chairman Privatization, Mohammedmian Soomro here in Islamabad today. Federal Secretary Privatization, DGs, Transaction Managers, and others
February 18, 2021 (MLN): Investors have sold Rs 63 billion worth of Rs 25000 bonds since its ban in December 2020. Before the announcement of its ban, the total investment parked in these bonds was nearly
Feb 18, 2021: Prime Minister Imran Khan on Thursday said the government was committed to facilitate the overseas Pakistanis so as to tap their immense potential and divert their financial contribution towards economic growth. Addressing
January 15, 2021 (MLN): Cement exports during the month of January 2021 declined by 16.58% YoY to USD 20.749 million from USD 24.87 million in Jan’20 due to strong domestic demand as local players shift
February 18, 2021 (MLN): Pakistan’s textile exports during the month of January 2021, clocked in at $1.32 billion, up by 10.79% when compared with January 2020 and down by 5.5% when compared with December 2020.
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