September 15, 2021: The Asian Development Bank (ADB) has issued its first ever dual-tranche blue bonds denominated in Australian and New Zealand dollars that will finance ocean-related projects in Asia and the Pacific.
September 15, 2021: 50th special plane of Pakistan International Airlines (PIA) has airlifted three million doses of Sinovac Covid-19 vaccines from Beijing Capital International Airport to Islamabad. “PK-6853 is the 50th special cargo
September 15, 2021 (MLN): The Oil and Gas Regulatory Authority (OGRA) has proposed an increase in the prices of all major petroleum products by up to Rs10.50 per liter which would be effective
September 15, 2021: The Prime Minister on Tuesday directed to focus on the successful completion of the privatization program of public entities by taking all the necessary measures to ensure transparency. In a
September 14, 2021 (MLN): Rating performance in the global non-financial corporate sector is improving, with the number of issuer upgrades exceeding downgrades in January-July 2021, Fitch Ratings said on Monday. The rating agency
Sep 14, 2021: Britain on Tuesday said it would push back its implementation of full post-Brexit borders checks on goods from the European Union, as the pandemic, red tape and new immigration rules
September 14, 2021: Federal Minister for Finance and Revenue Shaukat Tarin said on Tuesday that the country’s net public debt was on declining trend and reduced to 81.8 percent debt-to-GDP ratio during the
September 14, 2021 (MLN): The Cabinet Committee on Energy (CCOE) has directed the Power Division to proceed payments to eleven IPPs, under the 2002 Power Policy (PP) as per mechanism agreed earlier between
September 14, 2021: As many as four solar projects with a cumulative capacity of 250MW have achieved Financial Closing and will start supplying electricity to the national grid by March next year. Sharing
September 14, 2021: European stock markets diverged at the open Tuesday, with all eyes on the latest US inflation data as recent surges of global prices risk derailing the economic recovery. London's benchmark
Sep 14, 2021: The government has enhanced storage capacity of Motor Spirit (MS – Petrol) by 38.7 percent and High Speed Diesel (HSD) by 18.4 percent in a two-year period to reinforce existing
September 14, 2021: Addressing the oath-taking ceremony held at NARC, Islamabad, Syed Fakhar Imam, Federal Minister for National Food Security and Research, said that the present government has the outset focused on agriculture
September 14, 2021: A virtual meeting was held yesterday between Mr. Omar Ayub Khan, Minister for Economic Affairs and Eng. Hani Salem Sonbol, Chief Executive Officer (CEO), ITFC to discuss the scope of
September 14, 2021: Federal Minister for Privatization, Mohammed Mian Soomro initiated the activity of roadshows for revival of Pakistan Steel Mills, here in Islamabad yesterday. Federal Secretary, senior officers of the Ministry' Financial
September 14, 2021: Investors trod cautiously in early Asian trade Tuesday as they awaited US inflation data that could play a key role in determining when the Federal Reserve will start winding down
January 31, 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
January 31, 2021 (MLN): A special plane of Pakistan Air Force (PAF) has left for Beijing, China for transportation of first tranche of Covid-19 vaccine. According to the National Command and Operation Centre (NCOC), all
January 31, 2021 (MLN): Pakistani companies have received orders worth two million dollars at international trade fair held in Sudan last week. In a tweet, Adviser on Commerce and Investment Abdul Razak Dawood said as
Market Data and Economic Indicators Weekly Performance Jan 29, 2021 Jan 22, 2021 PKR InterBank 160.1011 160.7495 KSE100 Index 46,385.54 45,868.04 Avg Daily Volume 673,519,576 509,763,908 Gold (Karachi) Rs/10 gm 97,265 96,708 KIBOR 6M
January 31, 2021 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Pakistan's Forex Reserves decreased by USD 13.80
January 31, 2021 (MLN): January's inflation (CPI) is down to 5.70% Asad Umar disclosed through twitter. Accord to the minister, “Core inflation is at 5.4%. Last month (jul 2018) prior to PTI govt formation, CPI
January 30, 2021: The Federal Board of Revenue (FBR) has collected net revenues of Rs.2570 billion during the first seven months of current fiscal year, significantly exceeding the target of Rs 2550 billion set for
January 29, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.52% during the week ended Jan 28, 2021 while the SPI increased by 7.48% compared to the corresponding period
January 29, 2021 (MLN): Total domestic sales of Tractors have surged by 43.42% YoY or 6,600 units in 1HFY21 to 21,800 units compared to 15,200 units sod in the same period of last year. The
January 29, 2021 (MLN): Pakistan’s rank has slipped by four places to 124th among 180 countries in International Corruption Perceptions Index (CPI) in 2020. For 2020, Transparency International (TI)’s Corruption Perceptions Index rankings were released
Jan 29, 2021: Managing Director, Pakistan Software Export Board (PSEB) Osman Nasir Friday said that the government was taking all possible steps to ensure long term IT industry growth trajectory and to facilitate IT industry
January 29, 2021 (MLN): Socar Trading, a commercial arm of the State Oil Company of Azerbaijan Republic, has offered a supply of petrol and LNG cargoes to Pakistan LNG Ltd (PLL) and Pakistan State Oil
January 28, 2021: 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 Planning, Development and Special Initiatives Asad
Fauji Fertilizer Company (FFC) has announced its financial results for the year ended December 31, 2020 with net profitably of Rs 20.82 billion. The profitability translated into Earning Per Share (EPS) of Rs 16.36 which
January 28, 2021 (MLN): Pakistan’s current outlook ensures economic revival on the basis of continued recovery as Monthly Economic Indicator (MEI) showed strong growth in December, in continuation with what was observed in the previous
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