June 16, 2021: Federal Minister for Science and Technology Shibli Faraz on Wednesday said the government has doubled the budgetary allocation for science and technology sector and would put more emphasis on applied
June 16, 2021: Pakistan has lifted a rule barring the use of AstraZeneca's COVID-19 vaccine for people below 40 years old, in a bid to help inoculate people who need to travel for
June 16, 2021: British inflation has soared to the highest level since before the coronavirus pandemic, with clothing, fuel and oil prices rebounding as the economy reopens, official data showed Wednesday. The Consumer
June 16, 2021 (MLN): The Board of Investment (BOI) has launched the Pakistan Regulatory Modernization Initiative Strategy (PRMI), Special Economic Zone Management System (SEZMIS), and Investor Relationship Management System (IRMS) with Public &
June 16, 2021 (MLN): To stimulate the industry growth at 6.5% in FY22 against 3.6% estimated in FY21, the government has announced many tax incentives to several sectors in budget 2021-22 to reduce
June 16, 2021: Minister for Finance and Revenue Shaukat Tarin has directed the National Price Monitoring Committee to adopt a comprehensive and proactive strategy to minimize the price gap between growers and retailers.
June 16, 2021: The group of 20 countries, representing the world’s biggest economies, has suspended Pakistan's debt payments of 3.17 billion dollars by the end of this year. Sharing this at a news
June 16, 2021: Markets were mixed in Asian trade Wednesday following a tepid lead from Wall Street, where another forecast-busting inflation reading spooked investors just as the Federal Reserve kicked off its latest
June 16, 2021: The federal cabinet has decided to monitor the implementation of development projects under the Public Sector Development Program (PSDP). The meeting was chaired by Prime Minister Imran Khan on Tuesday.
June 16, 2021: State Bank of Pakistan (SBP) has renewed the status of both credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency
June 16, 2021: Minister for Revenue and Finance, Shaukat Tarin has warned that strict action will be taken against non-taxpayers and filers who hide their taxable money. In an interview with a private
June 16, 2021: Prime Minister Imran Khan says the government is taking measures to ensure investment in the export industry in the Special Economic Zones established under the China-Pakistan Economic Corridor. He was
June 15, 2021 (MLN): The non-government sector has retired a net sum of Rs.42.33 billion during the week ended June 04, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
June 15, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.358.36 billion during the week ended June 04, 2021, which brings its total net borrowing for ongoing fiscal year
June 15, 2021 (MLN): In order to achieve inclusive growth target, improve ease of doing business and accelerate the process of industrialization, government has offered a range of incentives and tax cuts in
Market Data and Economic Indicators Weekly Performance Oct 30, 2020 Oct 23, 2020 PKR InterBank 160.2578 161.3698 KSE100 Index 39,888.00 41,266.00 Avg Daily Volume 469,435,725 465,576,973 Gold (Karachi) Rs/10 gm 95,680 98,894 KIBOR 6M
November 01, 2020 (MLN): The latest weekly roundup is here to update the financial and economic data releases as they provide a guide to keeping an eye on trends in the upcoming week. Foreign
November 1, 2020: Federal Board of Revenue has asked the people having taxable income to file their tax returns before 8th December. According to a statement of the tax collection body, the returns can be
November 1, 2020: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has asked the government to slash the levies and taxes ratio on oil to support the industry and trade, as the government
November 1, 2020 (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
October 31, 2020: The Oil and Gas Regulatory Authority (OGRA) on Saturday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of November. According to the notification, the authority increased the locally
October 31, 2020 (MLN): The Government has decided to reduces the price of various petroleum products from Nov 01, 2020. According to the Ministry of Finance, the price of Petrol has been reduced by Rs.1.57
October 31, 2020 (MLN): Steep increase in food prices is likely to awaken wave of inflationary pressures, as the headline inflation for the month of October 2020 is expected to settle around 8.8%- 9.4% with
October 29, 2020 (MLN): The Monthly Economic Indicator (MEI), a useful indicator of ongoing overall economic activity for policy purposes, has shown persistent growth in September, in continuation with the trend observed in the previous
October 29, 2020: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the special meeting of the ECC today to approve the “PM’s Package for Rabi Crops-Specially wheat”. In order to give
October 29, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Thursday. Cabinet Committee
October 29, 2020: Prime Minister Imran Khan has directed to provide all possible facilities to investors so that the people's welfare development projects could be initiated under the public-private partnership. He was presiding over a
October 28, 2020 (MLN): Foreign companies operating in Pakistan repatriated $169.2 million in profit and dividends on investments in the country during the month of September’20 which was 3.18x higher than the profits repatriated in
October 28, 2020: In the 202nd meeting of Board of Directors of Fauji Fertilizer Company Limited (FFC) held on October 28, 2020, the Board announced results for the Nine Months’ period ended September 30, 2020. During
October 28, 2020 (MLN): Chief Commissioner Corporate Office, RTO Lahore Amna Hassan has assured Chairman All Pakistan Textile Mills Association (APTMA) Punjab Abdul Rahim Nasir of expeditious disposal of refund claims, as the government is
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