August 17, 2021: Even as battle raged across Afghanistan last week, Gwadar Port, now operated by a Chinese company, continued to ship fertilizers to the landlocked country, the Global Times learned. A total
August 17, 2021: Finance Minister Shaukat Tarin has directed the ministries concerned to accelerate the import of wheat and sugar to ensure availability of sufficient stocks for smooth supply. He said this while
August 17, 2021: President Dr. Arif Alvi has urged Turkish investors to take advantage of the business-friendly environment of Pakistan and invest in Information Technology, mining, financial, industrial and tourism sectors. The President
August 17, 2021: Asian markets fluctuated in morning trade on Tuesday as investors weighed record gains on Wall Street against fears the resurgent Delta coronavirus variant may put the brakes on the global
August 17, 2021 (MLN): Chinese smartphone vendor Vivo has opened a new smartphone manufacturing facility in Pakistan. Rivals Xiaomi and Realme are also looking to open local manufacturing sites within the next few
August 16, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet today. Ministry of Commerce presented a summary regarding
August 16, 2021: The State Bank has introduced an innovative initiative to improve access to finance for Small and Medium Enterprises (SMEs) in collaboration with the GoP with the express aim of enabling
August 16, 2021: Indus River System Authority (IRSA) Monday released 247983 cusecs water from various rim stations with inflow of 305640 cusecs. According to the data released by IRSA, water level in the
August 16, 2021 (MLN): Federal Board of Revenue (FBR) has issued an explanation regarding the latest situation pertaining to service optimization of the FBR Data Center. The aforesaid announcement was made by FBR
August 16, 2021: European stock markets retreated at the open Monday as traders digested weak economic data out of China and fallout from the Taliban retaking control in Afghanistan. London's benchmark FTSE 100
August 16, 2021 (MLN): Roshan Digital Account deposits crossed the historical milestone of USD2 billion in just eleven months, the State Bank of Pakistan tweeted on Sunday. On August 13, just before
August 16, 2021: President Dr Arif Alvi says Pakistan and Poland have huge potential in the areas of trade and both countries need to enhance business and economic cooperation for the mutual benefit
August 16, 2021: The mutual trade volume between Pakistan and China has increased explosively against the global trend under the influence of epidemic. According to General Administration of Customs China, trade between Pakistan
August 16, 2021: Asian stocks were mixed on Monday morning, as the resurgence of the Delta coronavirus variant continued to weigh on economies globally, including in China where new data showed activity slowed
August 15, 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 Dec 25, 2020 Dec 18, 2020 PKR InterBank 160.3187 160.0891 KSE100 Index 43,416.77 43,740.55 Avg Daily Volume 506,566,414 548,884,211 Gold (Karachi) Rs/10 gm 96,665 96,280 KIBOR 6M
December 25, 2020 (MLN): Pakistan’s fiscal deficit during July-October, FY2021 stood at 1.7% of GDP (Rs 753 billion) against 1.4% of GDP (Rs 564 billion) in the comparable period of last year. While primary balance
December 25, 2020 (MLN): Pakistan’s exports during the month of November 2020 showed a growth of 5% YoY and 14% MoM to $2.227 billion. However, cumulatively, during Jul-Nov FY21, the overall exports declined by 7%
December 25, 2020: Special Assistant to the Prime Minister (SAPM) on Petroleum Friday explained in detail the purchase and sale mechanism of Liquefied Natural Gas (LNG), rejecting all negative and speculative reports appearing in sections
December 25, 2020: Both China and Pakistan are big stakeholders of automobile production and consumption and it would be a positive decision for Pakistan to promote production of new energy vehicles. Visiting professor at Southwest
December 24, 2020: A meeting of the Monetary and Fiscal Policies Coordination Board was held under the chairmanship of the Minister for Finance & Revenue Dr. Abdul Hafeez Shaikh today. Adviser to PM on Commerce
December 24, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.11% during the week ended Dec 24, 2020 while the SPI increased by 7.66% compared to the corresponding period
December 24, 2020 (MLN): For one out of every three Pakistanis, an increase in inflation is the most worrying issue for 34% of the respondents in the fourth quarter of 2020, an Ipsos survey revealed.
December 24, 2020: The Securities and Exchange commission of Pakistan (SECP) has issued its annual report for financial year 2019-20, detailing measures that the organization has taken to promote capital formation in capital market, improve
December 24, 2020 (MLN): The Federal Board of Revenue has issued a statement saying that there has been a significant improvement in the payment of refunds, confiscation of smuggled goods, and receipt of income tax
December 24, 2020 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during Jul-Nov FY21, followed by United Arab Emirates (UAE), Singapore and Saudi Arabia. According to the latest
Dec 24, 2020: Germany will provide technical assistance worth €10 million to Pakistan for two different projects to improve social and industrial sector efficiency in the country. Assistance will be provided for two projects including
December 24, 2020 (MLN): USA remained as the top export destination for Pakistan with $1.855 billion worth of shipments in Jul-Nov FY21, against the exports of $1.744 billion in the same period of last year,
December 24, 2020 (MLN): The state-owned oil marketing company, Pakistan State Oil (PSO) has imported its first cargo of Euro-V standard fuel. PSO is also the first oil marketing company (OMC) to import better grade
December 24, 2020: Minister for Power Division, Omar Ayub has said that Pakistan's new Renewable Energy Policy would bring opportunities for investors due to transparent policies of the government. Talking to Norwegian Ambassador, Mr. Kjell
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