May 19, 2021 (MLN): In order to provide substantial relief to the common man, government is on its toes to maintain the petroleum prices. It is evident from the fact that petroleum levy
May 19, 2021: Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading
May 19, 2021 (MLN): In the utmost strenuous situation, Saudi Arabia agreed, in principle, to help Pakistan by resuming the Saudi Oil Facility (SOF) on deferred payments costing up to $3 billion per
May 19, 2021: British inflation has soared to the highest level since the early stages of the pandemic, official data showed Wednesday, stoking fears of a global inflationary spike as economies reopen. The
May 19, 2021 (MLN): The total money supply circulating within the economy by the end of March 2021 has been recorded at around Rs26.22trillion, according to provisional accounts on Monetary Aggregates for the
May 19, 2021: Minister for Privatization Mohammed Mian Soomro says the government will facilitate potential international investors to participate in its Privatization programme. He was talking to the Former State Minister and Chairman
May 19, 2021: Finance Minister Shaukat Tarin has stressed the need to empower farmers by offering them interest-free loans. He expressed these views during a meeting with Special Assistant to the Prime Minister
May 19, 2021: Federal Board of Revenue has launched an online electronic hearing of tax audits and assessment cases to facilitate the taxpayers. According to the FBR Press release, the module enables online
May 19, 2021: Asian markets fell Wednesday as investors struggled to break out of a long-running cycle of volatility, with optimism over the economic recovery playing off against fears about inflation, while oil
May 18, 2021 (MLN):Any discussion on the lack of corporatisation in Pakistan finds its way to the lack of avenues of capital for entrepreneurs. With banks on one hand largely unwilling to look
May 18, 2021: Chairman Association of Builders and Developers of Pakistan (ABAD) Fayyaz Ilyas has vehemently rejected the recent price hike in iron bars and said that the construction industry and Naya Pakistan
May 18, 2021: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Tuesday that bilateral economic cooperation between China and Pakistan would go long way in promoting regional
May 18, 2021 (MLN): Pakistan's consumer companies witnessed an upsurge in profitability by 98% YoY during 1Q2021 while 80% YoY in 4Q2020. During 1Q2021, Consumer Discretionary, Staples and Pharmaceuticals segments performed exceptionally well
May 18, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to take place on Wednesday, 19th May, 2021, will be discussing the matter regarding KE’s outstanding
May 18, 2021 (MLN): The Cabinet Committee on Privatization (CCOP), in its meeting to be held on Wednesday, 19th May 2021, will deliberate upon the private sector’s participation in the management of DISCOs.
September 15, 2020: The government on Tuesday decided to maintain the prices of various petroleum products at the existing level for the next half of the current month. APP
September 15, 2020: Ministry of Privatisation, in line with the directives of Prime Minister, has commenced the auction of government owned Properties from September 7th 2020, so far 20 Properties in four cities have been
September 15, 2020: The Senate was informed on Tuesday that five hundred technology-based farms of different sizes would be established to strengthen the agriculture sector on modern lines. Minister for Science and Technology Fawad Chaudhry
Sep 15, 2020: The Federal Board of Revenue (FBR) and Excise, Taxation and Narcotics (ET& NC ) Department of Punjab have signed a Memorandum of Understanding (MoU) for real-time integration of data bases. The MoU
September 15, 2020 (MLN): Pakistan’s money supply surged to 17% in fiscal year 2020 from 10% recorded in FY19, the State Bank of Pakistan (SBP) data showed on Tuesday. The total money supply circulating within
September 15, 2020 (MLN): As the government rejected the request of providing an extension in the payment of GIDC related dues, the fertilizer manufacturers indicated that they would increase urea prices, a report by Fortune
September 15, 2020 (MLN): The LSMI output increased by 5.02% during July 2020 as compared to July 2019, and 9.54% if compared to June 2020. Month-wise trend of QIM from July, 2018 to July, 2020
September 15, 2020: Pakistan is projected to experience a broad economic recovery in fiscal year 2021 (which ends 30 June 2021) as the economic sentiment improves with the expected subsiding of the coronavirus disease (COVID-19)
September 15, 2020: Prime Minister Imran Khan says reforming the tax system to make it fair and transparent is the top priority of the government. He was chairing a high-level meeting on tax system reforms
September 15, 2020 (MLN): A meeting of the Federal Cabinet will be held on Tuesday i.e. today, to discuss various agendas, some of which are listed below. The Constitution (Amendment) Bill 2020 Ratification of the
By Asad Rizvi September 15, 2020 (MLN): Remittances for the month of August hitting $ 2.095 billion is a very encouraging sign. This is a good number, clearly hinting that the uptrend remains intact. To
September 14, 2020 (MLN): The non-government sector has retired another net sum of Rs.5.82 billion during the week ended September 04, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021 to Rs.166.8
September 14, 2020 (MLN): The government of Pakistan has accumulated Rs.39.7 billion during the week ended September 04, 2020, which brings its total net retirement for ongoing fiscal year FY2021 to Rs.120.36 billion. As of
Sep 14, 2020: President Dr Arif Alvi on Monday said Islamic banking and finance offered a broad-based platform to end economic exploitation and stressed its implementation to uplift underprivileged segments of society. Addressing at the
Sep 14, 2020: The advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday said the government has revised duty drawback rates from 4.39% to 1.7% for electric fans after 11 years.
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