August 9, 2021: Credit disbursement to the agriculture sector increased to Rs1,366 billion in FY21, witnessing a growth of 12% over FY20, despite the ongoing challenges posed by the Covid-19 pandemic and climate
August 9, 2021 (MLN): At the start of FY22, the total Deposits held by Commercial Banks have shown a growth of 17% YoY to reach Rs18.8 trillion in July’21, compared to Rs16.12tn in
August 09, 2021: European stock markets opened mixed Monday as Chinese data added to surging inflation concerns. London's benchmark FTSE 100 index dipped 0.2 percent to 7,110.00 points. In the eurozone, Frankfurt's DAX
August 09, 2021: Indus River System Authority (IRSA) Monday released 222956 cusecs water from various rim stations with an inflow of 302712 cusecs. According to the data released by IRSA, the water level
August 09, 2021: As heart-stopping images of fires and floods dominate news cycles worldwide, the UN's climate science panel will unveil on Monday its much-anticipated projections for temperature and sea-level rises less than
August 9, 2021: Special Assistant to the Prime Minister on Youth Affairs Muhammad Usman Dar has urged the entrepreneurs to come up with realistic business ideas for availing soft loans under the Youth
August 09, 2021: Asian markets rose Monday but investors remained cautious after a forecast-beating US jobs report reinforced optimism about the economic recovery but fanned speculation the Federal Reserve could begin tapering monetary
August 9, 2021: Minister for Maritime Affairs Ali Haider Zaidi says the federal cabinet has approved a new fishing policy to allow the fishermen for fishing in the deep sea. Talking to the
August 9, 2021: Minister for National Food and Security Syed Fakhar Imam says Government has fixed the intervention price of 5000 rupee per forty kilogram of cotton to protect the interests of the
August 9, 2021: Foreign Minister Shah Mahmood Qureshi says Pakistan's closeness with ASEAN is exemplified by its accession to the Treaty of Amity, Cooperation in South East Asia and robust engagement with ASEAN-led
August 8, 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
August 8, 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. Overseas investors purchased net
Market Data and Economic Indicators Weekly Performance Aug 06, 2021 Jul 30, 2021 PKR InterBank 163.4533 162.4302 KSE100 Index 47,489.95 47,055.29 Avg Daily Volume 454,913,044 404,668,225 Gold (Karachi) Rs/10 gm 93,621 94,307
August 06, 2021: The Securities and Exchange Commission of Pakistan (SECP) registered 1,949 new companies in July 2021, raising the total number of registered companies to 147,842. Around 99 % companies registered online,
August 6, 2021: Pakistan Maldives Business Council of FPCCI organized a joint virtual event in collaboration with State Trading Organization (STO) of Maldives. The event was facilitated by the Trade Development Authority of
December 18, 2020: Pakistan and the UAE have agreed to enhance cooperation in the agriculture sector. The understanding reached at a meeting between Foreign Minister Shah Mahmood Qureshi and UAE's Prime Minister Mohammed bin Rashid
December 18, 2020: Minister for Industries and Production, Hamad Azhar has said that foreign companies are taking interest in manufacturing of electric cars while foreign mobile-phone manufacturing companies are also taking keen interest in Pakistan.
December 18, 2020: Prime Minister Imran Khan has directed to prepare a comprehensive strategy to take advantage of the interest being shown by the foreign investors in Ravi Urban Development and Bundal Island projects. Chairing
December 17, 2020 (MLN): Pakistan has received foreign aid worth $4.50 billion during the first five months of the fiscal year 2020-21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to
December 17, 2020: Federal Minister for Science and Technology, Chaudhry Fawad Hussain Thursday said Pakistan wanted to work with China on solar panel technology in the next three months. The minister was speaking virtually at
December 17, 2020 (MLN): Pakistan’s Power Sector witnessed the highest outflow of Foreign Direct Investment (FDI) worth $83.2 million during the month of November 2020, followed by Communication sector with net negative FDI of $27.6
December 17, 2020 (MLN): The National Electric Power Regulatory Authority (NEPRA) on Thursday deferred hearing of a petition for a tariff increase of 0.5712 per unit for Ex- Wapda distribution companies (Discos) on an account
December 17, 2020 (MLN): The net Direct Foreign Investment (FDI) in Pakistan has been recorded negative (-$16 million) in November 2020, as China and Norway withdrew $78.4 million and $55.8 million from the country respectively.
December 17, 2020 (MLN): To promote investment in the Green Field Industry and to facilitate such investors, the Federal Board of Revenue (FBR) has launched an online module in Iris for facilitating filing of applications for
December 17, 2020: Special Assistant to Prime Minister on National Health Services Dr. Faisal Sultan Thursday said that the Covid-19 vaccine will be available in the country by the start of the next year 2021.
December 17, 2020: Pakistan and the Netherlands have agreed to further enhance investment and trade relations. The understanding came at a telephonic conversation between Foreign Minister Shah Mahmood Qureshi and Dutch Foreign Minister Stef Blok.
December 16, 2020 (MLN): Pakistan witnessed foreign direct disinvestment of $16 million during the month of November 2020 while it received the net inflows of $317.4 million in the previous month of the same year.
December 16, 2020 (MLN): The pandemic hit the textile sector in the Asia-Pacific region hard especially in India, Bangladesh and many others, with plummeting retail sales in major export destinations affecting workers and enterprises throughout
December 16, 2020: The Federal Board of Revenue (FBR) has appointed Mr Gohar Ejaz, Patron-in-Chief APTMA, as head of Complaint Resolution Committee for the settlement of Sales Tax matters/issues. The Board vide its Order No.I(5)ST-L&P/Misc/2019/236706-R
December 16, 2020: President Dr Arif Alvi Wednesday said that the construction of new airports would help boost the country’s exports as well as tourism sectors. In a meeting with a delegation of the management
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