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
September 21, 2021: The Securities and Exchange Commission of Pakistan (SECP) has amended the Public Offering Regulations, 2017 to introduce a regulatory framework for Special Purpose Acquisition Companies (SPAC). The introduction of SPAC
September 21, 2021 (MLN): Dr. Reza Baqir, Governor State Bank of Pakistan yesterday has delivered a hawkish surprise with a rate hike of 25bps to 7.25% in a monetary policy committee (MPC) meeting
September 21, 2021 (MLN): Low-interest rates and robust demand from consumers have taken the auto-financing to a record high of Rs326billion by the end of Aug 2021, an increase of Rs103.93bn or 47%
September 21, 2021 (MLN): Pakistan's outstanding debts as of August 31, 2021 stand at a whopping sum of Rs.25.19 trillion whereas total debt at the end of the prior month was Rs.24.99 trillion,
September 21, 2021: The State Bank of Pakistan has not issued the notification to facilitate trade in Pak rupee despite the announcement by the honorable finance minister, causing the bilateral trade to suffer,
Sep 21, 2021: In order to commemorate the 70th anniversary of the establishment of diplomatic ties between Pakistan and China, China-Pakistan Two-Way Tourism Seminar was held at SCO Demonstration Area (SCODA) in Qingdao,
Sep 21, 2021: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Tuesday told Greek Ambassador Andreas Papastavrou, who called on him at GHQ, that Pakistan is safe for all sorts of
Sep 21, 2021: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts for the world and the United States while raising the outlook for Europe.
Sep 21, 2021: Indus River System Authority (IRSA) on Tuesday released 213,255 cusecs water from various rim stations with an inflow of 176,782 cusecs. According to the data released by IRSA, the water
Sep 21, 2021: Europe's stock markets rebounded in opening deals on Tuesday, after a global slump the previous day was sparked by fears over the possible collapse of property giant China Evergrande. London's
September 21, 2021 (MLN): Prime Minister Imran Khan has accepted the resignation tendered by Tabish Gohar from the post of Special Assitant to the PM on Power and Petroleum, with effect from September
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.
February 17, 2021 (MLN): Pakistan’s External Debt and Liabilities ballooned to nearly $115.75 billion at the end of 1HFY21, an addition of $5 billion or 5% in the past six months, reported the State Bank
Feb 17, 2021: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Wednesday said the Ministry of Commerce is organizing a Trade and Investment Conference in Colombo, Sri Lanka on February 24th,
Feb 17, 2021: Ambassadors of United Arab Emirates (UAE) Hamad Obaid Ibrahim Salem Al-Zaabi and Czech Tomas Smetanka Wednesday separately called on Minister for Energy Omar Ayub Khan and discussed matters related to cooperation in
Feb 17, 2021: Drug Regulatory Authority of Pakistan (DRAP) has granted ‘Emergency Use Approval’ to the CanSinoBIO Recombinant COVID-19 Vaccine Adenovirus Type 5 Vector (the “Ad5-nCoV”) and its marketing through private and public sector. According
February 17, 2021: Foreign Minister Shah Mahmood Qureshi has urged Egyptian companies to benefit from ample investment opportunities in Pakistan in various sectors, including construction of houses, energy and health. He was talking to a
February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the
February 16, 2021 (MLN): Overseas Pakistanis have responded positively to SBP’s Roshan Digital Account with over 87 thousand accounts being opened so far and USD 500 million has been sent to Pakistan in 5 months.
February 16, 20201: An International Monetary Fund (IMF) team led by Ernesto Ramirez Rigo, concluded virtual discussions with the Pakistani authorities and reached a staff-level agreement on the second to fifth reviews of the authorities’
February 16, 2021 (MLN): The total money supply circulating within the economy in December 2020 has been recorded at around Rs.25.97 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the
Feb 16, 2021: In order to restore the declining output of cotton as well as encouraging the growers to bring maximum area under crop production, the government was working on a scheme of incentives for
February 16, 2021 (MLN): Foreign Currency Deposits during the month of January 2021 stood at $7.8 billion, depicting an increase of 3%YoY. While on a month-on-month basis, it remained flat, shows recently released SBP data
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