June 9, 2021 (MLN): Sazgar Engineering Works Limited (SAZEW) sold a total of 912 units of three-wheeler against the production of 955 units during the month of May 2021. The aforesaid information was
June 9, 2021 (MLN): A joint venture of Service Group and Chinese firm Chaoyang Long March Tyre Co Ltd is all set to commence the Tyre manufacturing plant this month in Pakistan for
June 9, 2021 (MLN): The new Karachi-Lahore RLNG pipeline project is critical to our energy supply ecosystem, Tabish Gauhar, Special Assistant to Prime Minister (SAPM) on Power and Petroleum via his official Twitter
June 9, 2021 (MLN): Pakistan’s cotton production is expected to reach 5.3 million bales during the upcoming FY2021-22 from 4.5m* bales in the FY2020-21 despite balanced risks to the textile crop, says Fitch
June 9, 2021: Planning Minister Asad Umar says the government will allocate 2,021 billion rupees for projects under Public Sector Development Program with increase of 36.1 percent for coming fiscal year 2021-22. Addressing
June 09, 2021 (MLN): Pakistan's trade deficit for 11 months (July-May) FY21 was USD 27.49 billion compared to a deficit of USD 21.05 billion from the corresponding period from FY20. According to data
June 9, 2021: Minister for Energy Hammad Azhar says the government is taking measures to bring improvement to the power sector. Talking to a private TV channel, he said all-out efforts are being
June 9, 2021: Prime Minister Imran Khan says the country's socio-economic progress is linked with enhanced development of agriculture and industrial sectors. Talking to a delegation of farmers in Islamabad, he said the
June 9, 2021: The government's Roshan Digital Account scheme has turned out to be a reliable platform for overseas Pakistanis including the diaspora in France, to securely invest their hard-earned money in Pakistan.
June 9, 2021: Investors trod a cautious line Wednesday in Asia with focus firmly on the release of US inflation data later in the week, which could have a huge bearing on the
Jun 08, 2021: Oil and Gas Development Company (OGDCL) has made five discoveries during the first three quarters of the current fiscal year, with per day estimated production of around 18 Million Cubic
June 08, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.10.97 billion during the week ended May 28, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
June 08, 2021 (MLN): The share of the federal government under the Public Sector Development Programme (PSDP) is expected to be around Rs900 billion for the upcoming fiscal year 2021-2022. This will be
June 08, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.98.62 billion during the week ended May 28, 2021, which brings its total net borrowing for ongoing fiscal year
June 8, 2021: Pakistan has called for a global transition to clean energy, saying it is a lynchpin for the achievement of the Sustainable Development Goals (SDGs) designed to combat poverty, hunger, disease
October 20, 2020 (MLN): The demand for more varieties of vehicles from Pakistan’s consumers when choosing from local manufacturers continues to rise, as the imports of vehicles from foreign countries increased by 43% MoM to
October 20, 2020: Governor SBP Dr. Reza Baqir inaugurated the Polyculture Forest at Pakistan Security Printing Corporation (PSPC) Karachi. He was briefed about the project in detail by the management. The Polyculture Forest is inspired
October 20, 2020: Deposit Protection Corporation (DPC) has announced the formal launch of its website, accessible at http://www.dpc.org.pk. Through this website DPC has embarked upon a more depositor-centric and responsive public awareness program. Launching of
October 20, 2020 (MLN): The exports of Chemical and Pharmaceutical Products witnessed an increase of 26.46% MoM and 4% YoY to value at USD 82.98 million during the month of September 2020. The Chemical and
October 20, 2020: Prime Minister Imran Khan has stressed on taking all administrative measures to ensure availability of daily commodities and controlling their prices. He was chairing a meeting in Islamabad to review availability and
October 20, 2020: National Assembly's Standing Committee on Commerce has emphasized on the Ministry of Commerce that next agreement on Afghan Transit Trade must be comprehensive and facilitating the Pakistani exporters on priority basis. In
October 20, 2020 (MLN): Novartis, a Swiss MNC with a multi-decade presence in Pakistan, has acquired a manufacturing facility to produce medicines locally. Novartis has an expansion plan that will bring an investment of about
October 19, 2020: Poverty alleviation has not attained the level of political priority in Pakistan given its importance and urgency stated by Sheikh Sultan Rehman, Vice President FPCCI during an interactive webinar on “Interactive Webinar
October 19, 2020 (MLN): Pakistan's outstanding debts as of September 30, 2020 stand at a heaping sum of Rs.23 trillion whereas total debt at the end of prior month was Rs.22.67 trillion, meaning that around
October 19, 2020: Pakistan's cotton yarn exports to China have increased substantially due to its good quality, competitive price and high demand particularly after signing of the second phase of Free Trade Agreement (FTA) between
October 19, 2020 (MLN): Pakistan’s trade deficit during 1QFY21 drastically increased by 2.6% YoY to USD 5.84 billion as exports depicted a meagre decline of 65 bps to USD 5.47 billion compared to 1QFY20, whereas,
October 19, 2020 (MLN): Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division. ECC approved in
October 19, 2020 (MLN): The total exports from Pakistan during the month of September 2020 amounted to Rs. 313.3 billion, showing an increase of 17.97% as against Rs. 265.6 billion in August 2020 and of
October 19, 2020 (MLN): The overall imports into Pakistan during the month of September 2020 amounted to Rs. 716.7 billion, showing an increase of 28.89% against Rs. 556 billion in August 2020 and 21.86% as
October 19, 2020: Fitch Ratings in its recent report titled ‘Coronavirus Impact on Tourism’ has stated that the coronavirus pandemic continues to disrupt international services trade, especially tourism. International tourist arrivals globally declined by 65%
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