May 26, 2021 (MLN): The State Bank of Pakistan (SBP)’s Monetary Policy Committee (MPC) is scheduled to convene on Friday, May 28, 2021, to announce Monetary Policy for the next two months. SPB
May 27, 2021: Finance Minister Shaukat Tarin has reiterated his firm commitment to accelerated economic growth with the willing contribution from the business community. He was addressing a meeting at the Finance Division
May 27, 2021: Pakistan can foster a more innovative, competitive and entrepreneurial economy and reinvigorate growth by addressing critical constraints that are limiting private sector investment, according to a new report from the
May 27, 2021 (MLN): Pakistan is all set to sell $500million green bonds in the international market tomorrow. The cut-off yield is expected to be around 8%, as per sources. For the unversed,
May 27, 2021 (MLN): Distribution companies (DISCOs) contributed a loss of around Rs 59 billion due to their inefficiency in transmission and distribution (T&D) losses and Rs 160 billion in the recovery of
May 27, 2021 (MLN): The total Deposits held by Commercial Banks have grown by 21% YoY to Rs17.56 trillion in 4MCY21, while, on a sequential basis, commercial banks’ deposits went down by 2%
May 27, 2021 (MLN): Trade Development Authority of Pakistan (TDAP) is rolling out a series of awareness & training sessions for Pakistani sellers about Amazon in collaboration with trade bodies, said Abdul Razak
May 27, 2021: Minister for Finance and Revenue, Shaukat Tarin says no new taxes would be imposed on poor segments of society in the budget for next financial year. In an interview with
May 27, 2021: Minister for Information Technology Amin-ul-Haq has said the government has accelerated efforts to provide telecommunication and broadband services to the underserved areas of the country. Addressing a ceremony in Islamabad
May 27, 2021: Federal Minister for Finance and Revenue Mr. Shaukat Tarin virtually chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday at the Cabinet Division. The meeting
May 27, 2021: Foreign Minister Shah Mahmood Qureshi has reaffirmed Pakistan's commitment to further deepen partnership with the European Union. Addressing virtually the European Parliament's Foreign Affairs Committee on Wednesday, he said Pakistan
May 27, 2021: The Executive Committee of the National Economic Council has approved various energy, infrastructure, irrigation, and health projects at a cost of billions of rupees. The ECNEC, which met in Islamabad
May 27, 2021: Asian markets were mixed Thursday as investors took a breather following a recent run-up, while optimism about the global recovery remains shackled by concerns that a surge in inflation will
May 26, 2021 (MLN): Pakistan's outstanding debts as of April 30, 2021 stand at a massive sum of Rs.23.88 trillion whereas total debt at the end of prior month was Rs.23.9 trillion, meaning
May 26, 2021 (MLN): A surprise to many — despite epidemiologic resurgence, Pakistan’s economy registered a V-shape recovery as GDP growth rate for FY21 is estimated at 3.94% after a 0.47% contraction in
Market Data and Economic Indicators Weekly Performance Sep 25, 2020 Sep 18, 2020 PKR InterBank 165.7916 165.8316 KSE100 Index 41,701.23 42,504.76 Avg Daily Volume 465,579,280 537,344,791 Gold (Karachi) Rs/10 gm 95,850 98,337 KIBOR 6M
September 27, 2020 (MLN): A brief account of the latest financial data releases and economic developments over the course of the week is highlighted below: The Weekly Sensitive Price Indicator (SPI) for the Combined Group
September 27, 2020: Ambassador of United Arab Emirates to Pakistan Hamad Obaid Alzaabi says Pakistan provides numerous opportunities of investment owing to its lucrative and conducive ambiance. He expressed these views while addressing a ceremony
Sep 27, 2020: The Petroleum Division (PD) has planned to auction 27 new Exploration and Production (E&P) blocks, out of which 20 would be advertized in October and seven in December aimed at stepping up
September 27, 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
September 26, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.32% during the week ended Sep 24, 2020 while the SPI increased by 8.86% compared to the corresponding period
September 26, 2020: Chairman Naya Pakistan Housing and Development Authority (NAPHDA) Lt Gen (Retd) Anwar Ali Hyder has said that the federal government has taken four major steps to boost construction industry for providing low
September 25, 2020 (MLN): Savings mobilization by the National Savings Schemes (NSS) in the month of July 2020 witnessed a withdrawal of Rs 149.5 million compared to the withdrawal of Rs 71.98 billion recorded in
September 25, 2020: Federal Minister for Planning Development & Special Initiatives Asad Umar chaired a meeting to review the progress of Federal Education and Professional Training projects under PSDP here in Islamabad on Friday. Minister
September 25, 2020: The Competition Commission of Pakistan (CCP) today carried out a search and inspection of a sugar mill head office in Lahore, to impound proofs of the group’s suspected involvement in anti-competitive activities
September 25, 2020 (MLN): Pakistan has received foreign aid worth $2.248 billion during the first two months of the fiscal year 2020-21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to
September 25, 2020 (MLN): The gross sale of securities via Special Convertible Rupee Account (SCRA), during the week ended September 18, 2020 was recorded at Rs.21.4 billion, which is around 122.8 percent higher than the
September 25, 2020 (MLN): The total debt of Central Government during the month of July 2020 stood at Rs. 35.5 trillion, i.e.1% percent higher than the figures reported last month. Whereas, on a yearly basis,
September 25, 2020 (MLN): Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood, had a long and fruitful meeting with the milk corporate farming sector and the milk processors wherein they
September 25, 2020: Federal Minister for Maritime Affairs Ali Haider Zaidi has inaugurated online portal and a website for ports and shipping wing. Speaking on the occasion, Federal Minister said a major milestone has been
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