June 28, 2021: European stock markets dipped at the open Monday as traders booked some profits following last week's strong gains for global equities. London's benchmark FTSE 100 index fell 0.2 percent to
June 28, 2021 (MLN): The Federal Board of Revenue (FBR) has announced a reduction in sales tax of some petroleum products to ensure supply at lower rates. According to the SRO 807(I)/2021 issued
June 28, 2021: The State Bank of Pakistan released its Quarterly Payment System Review (QPSR) for the third quarter, January – March 2021, of the fiscal year 2020-21 today, which shows strong growth
June 28, 2021 (MLN): The expected new allocation of special drawing rights (SDR) by the IMF could bolster Sri Lanka’s reserves by USD780 million and by USD2.8 billion in Pakistan whereby it is
June 28, 2021: The Ministry of Economic Affairs and the World Bank have signed a financing agreement of “Punjab Rural Sustainable Water Supply and Sanitation Project” worth $442.4million. The project is aimed at
June 28, 2021: Minister for Energy Hammad Azhar says new action plan by FATF will be implemented soon. Addressing a presser in Islamabad on Saturday, the Minister said that anti-money laundering plan is
June 28, 2021: China has categorically stated that Belt and Road Initiative is a major platform for building a global community of shared future. In a White Paper released by the State Council
June 28, 2021: Pakistan and Uzbekistan have agreed to promote their bilateral cooperation in all areas of mutual interest including trade, economy and culture. The understanding to this effect was reached during a
June 28, 2021: Minister for Maritime Affairs Ali Haider Zaidi has said Pakistan National Shipping Corporation (PNSC) is planning to start Ferry Services in the country. In a tweet, he said the Ministry
June 28, 2021: Prime Minister Imran Khan says Roshan Digital Account has achieved more milestones as the inflows crossed $1.5billion on Friday and investment in Naya Pakistan Certificates is surpassing one billion dollars.
June 28, 2021: Asian stocks were mixed Monday as traders took a breather after last week's rally, with concerns about Federal Reserve monetary policy easing as sentiment is driven by the bright outlook
June 27, 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
June 27, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI)
Market Data and Economic Indicators Weekly Performance Jun 25, 2021 Jun 18, 2021 PKR InterBank 157.6175 156.8926 KSE100 Index 47,603.36 48,238.67 Avg Daily Volume 693,779,683 1,049,398,093 Gold (Karachi) Rs/10 gm 93,707 91,992
June 27 2021: The Competition Commission of Pakistan (CCP) held the 22nd meeting of the Competition Consultative Group (CCG) sharing the CCP’s initiatives, performance and strategic vision. A presentation was also given on
November 12, 2020 (MLN): The pace of foreign selling from Pakistan’s debt market slowed down by Rs 208 million during the week ended November 06, 2020. The foreign investors pulled out Rs 3.06 billion from
November 12, 2020 (MLN): The pace of foreign selling from Pakistan’s debt market slowed down by Rs 208 million during the week ended November 06, 2020. The foreign investors pulled out Rs 3.06 billion from
November 12, 2020 (MLN): The non-government sector has borrowed a net sum of Rs.59.53 billion during the week ended October 30, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021 to Rs.52.22
November 12, 2020 (MLN): The non-government sector has borrowed a net sum of Rs.59.53 billion during the week ended October 30, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021 to Rs.52.22
November 12, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.112.7 billion during the week ended October 30, 2020, which brings its total net borrowing for ongoing fiscal year 2021 to
November 12, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.112.7 billion during the week ended October 30, 2020, which brings its total net borrowing for ongoing fiscal year 2021 to
November 12, 2020: Prime Minister Imran Khan has emphasized the need for enhanced bilateral cooperation between Pakistan and Iran with a special focus on bilateral trade and economic relations. Talking to the Iranian Foreign Minister
November 12, 2020: Prime Minister Imran Khan has emphasized the need for enhanced bilateral cooperation between Pakistan and Iran with a special focus on bilateral trade and economic relations. Talking to the Iranian Foreign Minister
November 11, 2020 (MLN): Pakistan’s total external debt servicing (principal and interest) by the government in 1QFY21 increased to a total of $3.59 billion from $3 billion in the same quarter of FY20, showing a
November 11, 2020 (MLN): Pakistan’s total external debt servicing (principal and interest) by the government in 1QFY21 increased to a total of $3.59 billion from $3 billion in the same quarter of FY20, showing a
November 11, 2020 (MLN): A major breakthrough on a potential vaccine for Covid-19, has appeared as a light flickering at the end of the tunnel, as it is being hailed as a major triumph in
November 11, 2020 (MLN): A major breakthrough on a potential vaccine for Covid-19, has appeared as a light flickering at the end of the tunnel, as it is being hailed as a major triumph in
November 11, 2020: The federal government has released Rs 53,432.308 million for National Highway Authority (NHA) projects under the Public Sector Development Programme (PSDP) 2020-2021. Out of the released Rs 53,432.308 million amount, Rs 52,287.428
November 11, 2020: The federal government has released Rs 53,432.308 million for National Highway Authority (NHA) projects under the Public Sector Development Programme (PSDP) 2020-2021. Out of the released Rs 53,432.308 million amount, Rs 52,287.428
November 11, 2020: NEPRA made a landmark decision by approving the detailed design and the implementation plan of the Competitive Trading Bilateral Contract Market (CTBCM) to make the competitive wholesale electricity market operational by April
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