September 2, 2021: To facilitate buyers of under-construction housing units in obtaining housing finance, the State Bank of Pakistan has issued guidelines for banks and DFIs that allow them to extend loans for
September 2, 2021: The Karachi Chamber of Commerce & Industry (KCCI) along with majority of interveners boycotted the proceedings of NEPRA’s Public Hearing held on Thursday to strongly protest a very arrogant, indecent
September 2, 2021 (MLN): As the worst of the pandemic rapidly easing due to mass vaccination drive, inflation talks began heating up globally amid demand recovery. This ongoing recovery was reflected in the
September 2, 2021 (MLN): As part of an investigation against tractor manufacturers for prima facie violation of Sections 3 and 4 of the Competition Act, 2010, the Competition Commission of Pakistan today entered
September 2, 2021: Federal Minister for Planning, Development, and Special Initiatives Asad Umar chaired a progress review meeting on the South Balochistan Development Plan here in Islamabad on Thursday. Secretary Planning Hameed Yaqoob
September 2, 2021 (MLN): The National Electric Power Reguatory Authority (NEPRA) has decided to commence proceedings to determine tariff to be charged from Electric Vehicles (EV) by Electirc Vehicles Charging Station. The decision
September 2, 2021: Engro Fertilizers Limited and The Bank of Punjab (BOP) have collaborated to provide easily accessible financing to farmers through BOP’s branch network across Pakistan. Under this arrangement, progressive farmers under
Sep 02, 2021: Prime Minister Imran Khan on Thursday said industrialization as well as promotion of tourism were inevitable to repay debts through boosting exports and wealth creation. The prime minister, addressing the
Sep 02, 2021: The Organization of the Petroleum Exporting Countries (OPEC) and a group of Russia-led producers (known collectively as OPEC+) agreed on Thursday to continue increasing oil production gradually as they had
Sep 02, 2021: Prime Minister Imran Khan, reiterating his government’s commitment to facilitate the investors, on Thursday directed the authorities concerned for launch of one-window portal for local and foreign investors. Chairing a
September 02, 2021 (MLN): The non-government sector has retired a net sum of Rs.40.16 billion during the week ended August 20, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2022
September 02, 2021 (MLN): The government of Pakistan has accumulated Rs.85.13 billion during the week ended August 20, 2021, which brings its total net retirement for ongoing fiscal year FY2022 to Rs.306.81 billion.
September 2, 2021 (MLN): Tarbela Dam filled to its maximum level yesterday despite unfavourable weather conditions this year. This is a good omen for agriculture & hydel generation, said Prime Minister Imran Khan
Sep 02, 2021: Moderna on Wednesday announced it had begun submitting an application to the US Food and Drug Administration to authorize a booster of its Covid vaccine after trial data showed a
September 2, 2021: President Dr Arif Alvi says society cannot make ample progress without participation of women in business sector. Addressing the Islamabad Chambers of Commerce and Industry Business Excellence Award ceremony in
January 20, 2020 (MLN): Pakistan has received $5.69 billion total external inflows during 1HFY21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to restructure its economy and finance its development projects.
January 20, 2021 (MLN): Government has approved Rs. 213 million for Duty Drawback of Local Taxes and Levies (DLTL) payments of the non-Textile sector. The aforesaid announcement was made by Adviser to PM for Commerce
January 20, 2021: President Dr. Arif Alvi says Pakistan wants to further enhance bilateral trade, investment, defence, and cultural ties with all friendly countries. He was talking to Residents Ambassadors-designates of Korea, Nepal, Belarus, and
January 20, 2021: Prime Minister Imran Khan has directed to speed up measures for procurement and supply of the approved coronavirus vaccines in the country. He was presiding over a meeting of the committee constituted
January 20, 2021: Federal Cabinet, under the second schedule of the Income Tax Ordinance 2001, has approved tax exemption on the profits gained through Euro Bonds, dealings in International Sukuk issued under the government’s medium-term
January 19, 2021: Mr. Mohsin Rafique, Collector of Customs Appraisement, Lahore, has said that from January 20, 2021, all duties and taxes exceeding Rs. one million will be paid only through the system of e-payment.
January 19, 2021 (MLN): Pakistani startup Bazaar Technologies has successfully raised USD 6.5 million in a seed funding round. The round was led by Indus Valley Capital, a Pakistan-focused fund started by LinkedIn’s former VP
January 19, 2021: The Federal Government has released Rs. 319.56 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme (PSDP) 2020-21. The released funds include Rs.
January 19, 2020 (MLN): Savings mobilisation by the National Savings Schemes (NSS) during July-Oct FY21 clocked in at Rs. 24.8 billion, compared to Rs.80.97 billion recorded in the same period of the previous fiscal year,
January 19, 2020: The ease-of-doing business plan, introduced by the Pakistan Tehreek-i-Insaf (PTI) government, has started yielding the required results with stepping in of four private sector companies for carrying out regulated activities of Liquefied
January 19, 2020 (MLN): Pakistan’s Power Sector has received the highest net FDI worth $80.9 million in December’20, followed by the Trade and Oil & Gas Exploration sector with net negative FDI of $28.2 million
January 19, 2021: In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions, from 142nd to 111th, on the rank of Trading Across Border Index. The aforesaid announcement was made
January 19, 2021 (MLN): A meeting of the cabinet’s Economic Coordination Committee (ECC) is likely to give approval for the waiver of taxes on imports of sugar that will be held on Wednesday, January 20,
January 19, 2020 (MLN): China emerged as the largest direct foreign investor in Pakistan during December 2020, with a net direct investment of $53.7 million, followed by Hongkong and United States who invested $30.9 million
January 19, 2021 (MLN): Pakistan welcomed Foreign Direct Investments of $193.6 million during the month of December 2020, after witnessing divestment of $16 million in November 2020. According to the data compiled by the State
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