April 30, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.05% during the week ended Apr 29, 2021 while the SPI increased by 16.9% compared to the
April 30, 2021 (MLN): The country is expected to witness its first double-digit CPI figure in FY21, as the headline inflation during the month of April 2021 is likely to clock in between
April 30, 2021:Nothing is more reflective of Pakistan’s perpetual boom-and-bust macroeconomic cycle every few years than the financial statements of steel companies. Increasing top and bottom lines, coupled with capacity additions during the
April 30, 2021: Federal Minister for Privatisation Mohammedmian Soomro and Minister for Industries and Production Khusro Bakhtiar co-chaired an Inter-Ministerial weekly Progress review meeting on revival of Pakistan Steel Mills Corporation (PSMC) today
April 30, 2021: Chief Economist Ministry of Planning Development & Special Initiatives Dr. Muhammad Ahmad chaired a Round Table Discussion on Migration Data Management Practices for SDGs achievement in Pakistan here in Islamabad
April 30, 2021 (MLN): The exchange rates of Asia-Pacific's largest economies proved resilient against the US dollar throughout the coronavirus pandemic crisis and the recent rise in US bond yields should make further
April 30, 2021 (MLN): The first containerised shipment by truck from Karachi under the TIR Rules has cleared Torkhum and on its way to Uzbekistan. Making an aforesaid announcement on Twitter, Adviser to
April 30, 2021 (MLN): The federal government has decided to discontinue Rs7,500 and Rs15,000 denomination prize bonds from January 1, 2022, in order to address concerns raised by Financial Action Task Force (FATF)
April 30, 2021 (MLN): One in every five rating actions that Fitch Ratings took on global financial institutions (FIs) in 1Q21 led to a rating Outlook revision to Stable from Negative, signaling that
April 30, 2021: Finance Minister Shaukat Tarin has called for all-out effort to complete Pakistan Single Window project for ease in imports and exports. Chairing meeting of the Steering Committee for Pakistan Single
April 30, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Advisory Committee for the release of Next Generation Mobile Services (NGMS) Spectrum at the Finance
April 30, 2021: Asian markets turned lower Friday as investors struggled to take the lead from a record performance on Wall Street, and following below-forecast Chinese factory data. News that US growth had
Apr 29, 2021 (MLN): Pak Rupee's Real Effective Exchange Rate Index (REER) increased by 3.37 percent in March 2021 to a provisional value of 100.50 from the revised value of 97.22 in February
April 29, 2021: As part of its transformational journey, the SECP has now introduced a single combined digital certificate evidencing registration with SECP and some provincial departments simultaneously. The SECP continues to strive
April 29, 2021: Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q1 2021. The CCI report has been developed by assessing Consumers’ Confidence
Aug 31, 2020: President Dr Arif Alvi on Monday said Pakistan was keen to strengthen ties with Azerbaijan in the fields of tourism, trade, defence and energy. Talking to Bilal Hayee, the newly appointed ambassador
August 31, 2020 (MLN): The headline inflation for the month of August 2020 is expected to settle around 8.15%- 8.76% with an average estimate of 8.4% YoY compared to 9.30%YoY in the last month and
Aug 31, 2020: National Electric Power Regulatory Authority will hold public hearing on a petition filed by Central Power Purchase Agency Guarantee Limited (CPPA-G) here on Tuesday. According to the petition, the CPPA-G has sought
August 31, 2020 (MLN): The federal government has released around 105 billion rupees for different projects under its Public Sector Development Programme during the current financial year. According to data released by the Ministry of
Aug 31, 2020: Petroleum Division and its attached departments have so far contributed around Rs186 million to the prime minister's relief fund to mitigate financial sufferings of the coronavirus (COVID-19) affected people and for taking
August 30, 2020 (MLN): The financial snapshot of the country in full detail is highlighted with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for
August 30, 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
Market Data and Economic Indicators Weekly Performance Aug 28, 2020 Aug 21, 2020 PKR InterBank 166.50 168.2887 KSE100 Index 41,056.22 39,621.59 Avg Daily Volume 439,577,456 440,737,175 Gold (Karachi) Rs/10 gm 104,603 101,166 KIBOR 6M
August 29, 2020: The Finance Ministry says Pakistan's public debt is sustainable and capacity to repay remains adequate. In a statement, the Ministry said the prudent economic policies have resulted in posting the primary balance
August 29, 2020 (MLN): Central Directorate of National Savings (CDNS) has increased the profit rates on selected saving schemes ranging from 5 to 90 basis points. According to its website, the profit rate on Defense
August 28, 2020: The two mega water reservoirs of Mangla and Tarbela have been filled to their maximum levels last night, resulting in the record availability of water in the two dams, which is being
August 28, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.14% during the week ended Aug 27, 2020 while the SPI increased by 8.39% compared to the corresponding period
August 28, 2020 (MLN): Following a small contraction in FY20, Pakistan economy could grow by 1.8% in FY21 driven by some recovery in private consumption, Institute of International Finance in its latest report said. However,
August 28, 2020: Adviser on Finance and Revenue Abdul Hafeez Shaikh has directed that the issue of Roosevelt Hotel should be handled in a fair and most transparent manner and in the best national interest.
August 28, 2020: Government has made changes in fuel prices policy to facilitate the consumers, said Special Assistant to the Prime Minister on Petroleum, Nadeem Babar. Talking to a private news channel, he said the
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