May 19, 2021: Pakistan and China will soon have a new and alternative short road connectivity as an alternative to China Pakistan Economic Corridor (CPEC) which would be constructed by Pakistan at the
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
September 13, 2020: Advisor on Finance Abdul Hafeez Shaikh says the government has repaid five thousand billion rupees debt during the last two years. Addressing a ceremony in Karachi on Saturday, he said the government
Market Data and Economic Indicators Weekly Performance Sep 11, 2020 Sep 04, 2020 PKR InterBank ** 165.9705 165.7685 KSE100 Index 42,530.67 42,023.00 Avg Daily Volume 750,277,131 745,126,192 Gold (Karachi) Rs/10 gm 98,165 99,366 KIBOR
September 12, 2020: Securities and Exchange Commission of Pakistan has taken note of the baseless and unwarranted allegation that information displayed on its website is alterable. This is a misconception since the SECP’s website is
September 12, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh said economy was now moving forward on the right path after gaining stability due to the Pakistan Tehreek-e-Insaf (PTI)
September 11, 2020: The Petroleum Division on Friday said it would continue holding consultations with all the provinces and departments concerned for preparing a unified strategy on the issues of natural gas supply and its
September 11, 2020: Pakistan and the World Bank reviewed the WB financing of ongoing portfolio projects in Pakistan with worth $10.4 billion dollars for 52 projects in a review meeting. The Minister for Economic Affairs,
September 11, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.37% during the week ended Sep 10, 2020 while the SPI increased by 9.04% compared to the corresponding period
September 11, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired two separate meetings here at the Finance Division with the group of representatives from fertilizer industry and APTMA
September 11, 2020 (MLN): Pakistan Automotive Manufacturers Association yesterday released the volumetric sale data for the month of August, which showed that the auto sector experienced some recovery as there was a 8.3% increase in
September 11, 2020 (MLN): The State Bank of Pakistan (SBP) on Thursday, notified the detailed SOPs for investment in scrip less Naya Pakistan Certificates. With regards to certificates offering and procedures, SBP notified that the
September 11, 2020: Most markets in Asia resumed their downward path Friday following another tech-led rout on Wall Street as investors fret over high valuations, while the failure of US lawmakers to reach agreement on
September 11, 2020: President Dr. Arif Alvi has emphasized the need for promotion of environment friendly alternative sources of energy in the country. Addressing a ceremony in Karachi, he said alternative sources for power generation
September 11, 2020: Pakistan has invited German companies to invest in different sectors, including Agriculture, Information Technologies, Tourism and Renewable Energy. The invitation was given by Foreign Secretary Suhail Mahmood while representing Pakistan at the
September 10, 2020: The sale of passenger cars during the month of August 2020 was recorded at 9,885 units against a total production of 7,177 units, which is around 8.3 percent higher as compared to
September 10, 2020: Prime Minister Imran Khan today inaugurated the Roshan Digital Account in a ceremony in Islamabad. The Roshan Digital Account is a new initiative of the State Bank of Pakistan (SBP), in partnership
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