April 29, 2021: Prime Minister Imran Khan has underlined the need for further enhancing foreign remittances by tapping the immense potential of overseas Pakistanis. He was addressing a ceremony in Islamabad on Thursday
April 29, 2021 (MLN): The National Electric Power Regulatory Authority (Nepra) on Wednesday, approved a reduction of up to Rs0.68 per unit in tariffs of Distribution Companies (Discos) on account of fuel charges adjustment
April 29, 2021: Improving quality of life, and social and economic opportunities in Asia’s fast-growing cities are instrumental in fulfilling their potential as engines of economic prosperity and hubs for sustainability, says Creating
April 29, 2021: China and five South Asian countries, including Pakistan, have called for a joint strategy to cope with the challenge of the COVID-19 pandemic. This was expressed as a common response
April 29, 2021: Pakistan and Saudi Arabia have reaffirmed the resolve to further strengthen bilateral socio-economic, commercial, cultural and diplomatic relations. The understanding came during a meeting between Minister for Economic Affairs Omar
April 29, 2021: South Korean tech giant Samsung Electronics posted a 46.3 percent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones and home appliances due to
April 29, 2021: Temporary price jumps will not spook the Federal Reserve into pulling back on the stimulus it has pumped into the US economy during the Covid-19 pandemic, the central bank's chair
April 29, 2021: Wall Street stocks dipped and the dollar fell Wednesday as the Federal Reserve signaled a continuation of accommodative monetary policies ahead of a congressional address by President Joe Biden expected
April 28, 2021 (MLN): The State Bank of Pakistan (SBP) has invited applications from eligible institutions for appointment as Primary Dealer (PDs)/ Preliminary Primary Dealers/ (PPDs)/ Special Purpose Primary Dealers (SPDs) of Government
Apr 28, 2021: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the Power Division regarding the releases of subsidy for the supply of 100 per cent RLNG to export-oriented industry
April 28, 2021: The power consumers are likely to get relief of 63-68 paisa per unit relief for March on account of monthly fuel price adjustments (FCA). The National Electric Power Regulatory Authority
April 28, 2021 (MLN): The industrial Power consumption during the month of March’21 increased by 15% YoY compared to March 2019. “Success of the Industrial Energy Package can be gauged by the fact
April 28, 2021: The Federal Ministry of Commerce (MoC) and Civil Aviation Authority (CAA) have agreed to install a state-of-the-art high capacity scanner at Karachi Airport for examination of the export consignments of
April 28, 2021 (MLN): Inflation is expected to remain between 8.0-9.5 percent in April. However, from the beginning of the next fiscal year, assuming the absence of any new supply shocks, favourable base
April 28, 2021: Minister for Energy Hammad Azhar says Pakistan has a conducive environment for setting up a new oil refinery. He expressed these views in a meeting with the Ambassador of Saudi
August 28, 2020: Prime Minister Imran Khan said the development of the construction sector is the key to the stability and growth of the country's economy. Chairing the weekly meeting of National Coordination Committee for
August 27, 2020: The country’s fiscal accounts came under significant pressure during the fourth quarter (Q4) of the financial year 2020 due to COVID-19 related expenditures, according to Monthly Economic Update and Outlook. The overall
August 27, 2020 (MLN): Pakistan’s total external debt and liabilities by the end of FY20 stood at $112.85 billion, signifying a growth of 6% YoY, as during FY19 it was $106.35 billion. According to the
August 27, 2020 (MLN): Pakistan’s total debt servicing (principal and interest) by the government in FY20 increased to a total of $14.578 billion from $11.589 billion in the FY19, showing a growth of 26% YoY.
Aug 27, 2020: Minister for Industries and Production Muhammad Hammad Azhar Thursday said that the government was utilizing all available resources to revive Special Economic Zones (SEZs) and to develop underprivileged areas of the country
August 27, 2020: Prime Minister Imran Khan has constituted a National Coordination Committee on Tourism with immediate effect. The committee has been constituted to facilitate and coordinate the government's commitment to give tourism a priority
August 27, 2020: Prime Minister Imran Khan has said the government is committed to extending all possible facilities to the exporters to enhance the country's exports both in goods as well as services. Talking to
Aug 26, 2020: Due to health concerns caused by COVID-19, changes have been witnessed in many companies’ business models, office policies and working conditions in order to keep the business running. Many international tech companies
August 26, 2020 (MLN): Pakistan’s overall exports performance during the first month of FY21 i.e. July 2020 showed a decline of 15% YoY, to $1.89 billion as compared to $2.2 billion recorded during July FY20.
August 26, 2020: Federal Board of Revenue (FBR) has approved the Audit Policy, 2019 pertaining to Tax Year 2018. The Audit Policy, 2019 shall apply to persons or classes of persons falling under all or
August 26, 2020: Minister for Science and Technology Fawad Chaudhry has announced that electric buses will start plying in the country this year. He was speaking at an MoU signing ceremony signed between a private
Aug 26, 2020: The State Bank of Pakistan (SBP) under its refinancing scheme for protecting businesses from the impact of coronavirus (COVID19), has so far deferred Rs644,083 principal repayments of loans up to one year.
Aug 26, 2020: The Petroleum Division is planning to start ‘physical work’ on the much-delayed Pakistan Arab Refinery Company (PARCO) Coastal Refinery before the next summer to achieve self-reliance in the oil production sector. “All
August 26, 2020 (MLN): The U.S.A has retained its position as the top export destination for Pakistan during the first month FY21, followed by United Kingdom (UK) and United Arab Emirates (UAE) According to the
August 26, 2020: The cement exports witnessed a decrease of 9.77 percent during the first month of the current fiscal year 2020-21, against the exports of the corresponding period of last year. The country exported
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