April 15, 2021 (MLN): Amid the third wave of Covid-19 pandemic, Pakistan’s Large-Scale Manufacturing (LSM) output has slowed down to 4.85% YoY during the month of February 2021, while on monthly basis, LSM
April 15, 2021: Federal Minister for Planning, Development and Special Initiatives Asad Umar chaired a meeting to review the pace of the Green Line BRT and KCR projects here in Islamabad on Wednesday.
April 15, 2021: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Thursday.
April 15, 2021: Textile exporters appeal the Government to allow duty free import of cotton yarn till time the government achieves its set cotton production target of 10.5 million bales. To ease down
April 15, 2021: His Excellency Mr. Kuninori Matsuda, the Ambassador of Japan called on the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, at the Finance Division today. Mr. Ishii
April 15, 2021: The Securities and Exchange Commission of Pakistan (SECP) has launched a facility on its eService portal for online submission of statutory Form-45, required to submit the declaration of ultimate beneficial
April 15, 2021 (MLN): Pakistan’s economy is still in the phase of recovery after a brutal hit of COVID-19 and portraying commendable improvement in many economic indicators. While many sectors are already benefitting
April 15, 2021 (MLN): The newly created International Monetary Fund’s (IMF) Special Drawing Rights (SDR) would augment sovereigns' foreign exchange reserves, most tangibly for lower-rated sovereigns with thin external buffers, although their direct
Apr 15, 2021: The overall production of petroleum commodities has witnessed an increase of 7.94 percent during the eight months of the financial year 2020-21 as compared to the corresponding period of last
April 15, 2021: The present government has pursued a market-based exchange rate system which has brought transparency to the system and ended the monopoly in the exchange market. According to officials, the Market-based
April 15, 2021: The President of the Republic of Uzbekistan H.E. Mr Shavkat Mirziyoyev and Prime Minister of the Islamic Republic of Pakistan H.E. Mr Imran Khan held their first Virtual Summit on
April 15, 2021: Foreign Minister Shah Mahmood Qureshi has said Pakistan offers a pivotal geo-economic location, regional connectivity, a huge consumer market, and skilled youth to investors. Inaugurating Pakistan's country presentation at the
April 14, 2021: The Medium-Term Budget Strategy Paper for FY 2021-22 to FY 2023-24 has been formulated with a focus on sustainable growth, job creation, protection of vulnerable segments of society, inflation and
April 14, 2021 (MLN): In a latest development, the Economic Coordination Committee of the Cabinet (ECC) on Wednesday, has withdrawn customs duty on import of cotton yarns to facilitate the Value-Added exporters. This
April 14, 2021 (MLN): International Monetary Fund (IMF) is not dictating Pakistan on the autonomy of the State Bank of Pakistan (SBP), said IMF resident representative to Pakistan, Ms. Teresa Daban Sanchez on
August 11, 2020: On 10th August 2020, Center for Global & Strategic Studies organized a webinar on “Problems Faced by the Cotton Industry in Pakistan” to discuss the various issues faced by the cotton industry
August 11, 2020: Pakistan has registered record enhancement in the export of fruits & vegetables despite coronavirus global pandemic. The Financial year 2019-20 has witnessed an overall increase in export of fruits & vegetables by
August 11, 2020 (MLN): Economic Coordination Committee (ECC) will discuss the financial challenges of Roosevelt Hotel, Manhattan, New York, owned by Pakistan International Airlines Investment Limited (PIAIL). The summary has been moved by the aviation
August 11, 2020 (MLN): Pakistan’s ‘Look Africa Policy’ continues to show some results as exports in a number of African countries posted reasonable growth, announced by Abdul Razak Dawood on his social media account.
August 11, 2020 (MLN): Pakistan-China border via Khunjerab Pass in Hunza has closed for traffic from last night. The border was opened for thirteen days to evacuate containers loaded with Chinese goods of Pakistani
August 11, 2020: Prime Minister Imran Khan held a telephonic conversation with His Excellency Ibrahim Mohamed Solih, President of Maldives, yesterday. The two leaders exchanged views in detail on the challenges posed by Covid-19. Prime
August 11, 2020: The United Arab Emirates has expressed the interest to invest in development projects in Pakistan. The interest was shown by a UAE delegation headed by the Managing Director of a UAE company,
August 10, 2020 (MLN): The Second month of the ongoing fiscal year (FY21) has so far witnessed net inflow of $4.453 million in short-term government securities particularly T-bills. According to the data released by SBP,
August 10, 2020: The engineering marvel 969 MW-Neelum Jhelum Hydropower Plant achieved yet another landmark, as its contribution to the National Grid crossed 10-billion units generation mark last night, thereby yielding revenue of over Rs.120
August 10, 2020: State Bank of Pakistan (SBP) has enhanced the limits for housing finance and microenterprise loans up to Rs3 million from the existing limit of Rs1 million for borrowings from the microfinance banks.
Aug 10, 2020: The Asian Development Bank (ADB) survey revealed on Monday that about one-third (33.3 percent) of farm households in Punjab experienced losses in wages and non-farm earnings due to lockdown amid COVID-19. Some
August 10, 2020 (MLN): The State Bank of Pakistan (SBP) has disclosed key features of Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES). According to SBP, financing under PMKJ-YES is available for youth aged between
August 10, 2020 (MLN): The National Electric Power Regulatory Authority (NEPRA) has made adjustments in the approved tariff on account of variations in the fuel charges from November 2019 to June 2020 for all power
August 10, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.06% during the week ended Aug 06, 2020 while the SPI increased by 8.47% compared to the corresponding period
August 9, 2020 (MLN): The Federal Revenue Board (FBR) has issued a draft-rules under the Finance Act 2020 that requires banks to provide information about people who deposited Rs 10 million in accounts or more
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