September 6, 2021 (MLN): Pakistan’s exports to China escalated by2x YoY to clock in at $197.27mn during August’21, compared to $94mn in August’20. The aforesaid announcement was made by Abdul Razak Dawood, Adviser
Sep 06, 2021: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have planned to give 524,000 new connections during the current fiscal year in their respective operational areas across
Sep 06, 2021: Rising eurozone inflation provides the backdrop for the meeting of European Central Bank governors Thursday, with markets hoping for hints when policymakers might start easing their massive pandemic-era stimulus. As
September 6, 2021: Mohmand Dam would be the fifth highest concrete-face-rock-fill dam in the world which would be completed by 2025 with estimated cost of 309.56 billion rupees. According to and official of
September 6, 2021: Prime Minister Imran Khan held a telephone conversation with the Amir of the State of Qatar, His Highness Sheikh Tamim Bin Hamad Al Thani yesterday. The two leaders discussed bilateral
Sep 06, 2021: Asian markets mostly rose Monday after a big miss on US jobs creation last month fuelled optimism that the Federal Reserve will hold fire on tapering its massive financial support
September 05, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. Pakistan's trade deficit for
September 5, 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
Market Data and Economic Indicators Weekly Performance Sep 03, 2021 Aug 27, 2021 PKR InterBank 166.9087 165.6240 KSE100 Index 46,957.47 47,136.53 Avg Daily Volume 461,163,985 383,899,018 Gold (Karachi) Rs/10 gm 96,280 94,136
September 04, 2021 (MLN): Pakistan's trade deficit for 2 months (July-August) FY22 was USD 7.49 billion compared to a deficit of USD 3.41 billion from the corresponding period from FY21. According to data
Sep 03, 2021 (MLN): Lakson Group, one of Pakistan's leading business conglomerates and Air Arabia Group, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, today announced their decision
September 03, 2021 (MLN): Foreign investors pulled out a net amount of Rs6 billion securities from the debt market during the week ended August 27, 2021 i.e. around Rs.4.34 billion lower than last
September 3, 2021: Cement sector posted growth of 22.77 percent in August 2021. Total Cement despatches during August 2021 were 4.336 million tons against 3.531 Million Tons despatched during the same month of
September 03, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.67% during the week ended Sep 02, 2021 while the SPI increased by 12.53% compared to the
Sep 03, 2021: Pakistan’s Information Technology (IT) sector has made measurable and quantifiable progress due to the strong focus of the present government on the growth of the IT industry and the number
January 20, 2021 (MLN): The current account balance turned negative in December 2020 as the country posted a deficit of USD 662 million compared to a revised surplus of USD 513 million in November 2020.
January 20, 2021: The Ministry of Finance has issued a clarification on the change in public debt. According to a statement, the change in the public debt under this government is due to a correction
January 20, 2021 (MLN): The Petroleum Division, Ministry on Energy has responded to the claims being made by the former Minister Mr. Miftah Ismail in his article under the title ‘The LNG Story’, published 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
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