March 12, 2021: Pakistan and Japan have agreed to enhance cooperation in the field of Information and Communication Technology (ICT). The understanding was reached between Minister for Information Technology and Telecommunication Syed Amin-ul-Haque
March 12, 2021: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of the Federal Minister for Planning, Development, and Special Initiatives Asad Umar here in Islamabad on
March 12, 2021: The Executive Committee of the National Economic Council has approved twelve development projects worth over 267 billion rupees in various sectors including infrastructure, water and roads. The meeting which was
Mar 12, 2021: Asian markets mostly rose Friday following more records in New York and Wall Street after Joe Biden finally signed his enormous stimulus into law, while fears over inflation and a
March 11, 2021 (MLN): The sale of passenger cars during the month of February 2021 was recorded at 13,570 units against a total production of 13,130 units, showing a decline of 7% as
March 11, 2021 (MLN): Remittances continued exceptional performance in the month of February 2021, reaching $2.26 billion, up by 24.2% YoY compared to Feb'20. However, on a monthly basis, it remained flat. According
March 11, 2021 (MLN): The State Bank of Pakistan (SBP) has relieved the 100 percent cash margin requirement on the import of certain items/raw materials to support the manufacturing and industrial sectors. According
March 11, 2021: Global debt to GDP has been rising for many years; the pandemic simply exacerbated the trend. While global debt hit a record (estimated) $201 trillion at the end of last
March 11, 2021: The effective expenditure control measures taken by the government have resulted in containing the overall fiscal deficit at 2.5 percent of the Gross Domestic Product (GDP) during the first half
March 11, 2021 (MLN): The Federal Board of Revenue (FBR) has clarified news circulating on social media about a proposal to withdraw exemption available to income from exports of computer software or IT
March 11, 2021: The Federal Board of Revenue has established a Centralized Income Tax Refund Office (CITRO) to facilitate taxpayers by releasing income tax refund payments directly into their bank accounts in expeditious
March 10, 2021: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Federal Minister for National Food Security
Mar 10, 2021: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday urged the government for allowing 100 percent adjustment of input tax by removing the discrepancy created by Section 8B
March 10, 2021: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Wednesday said the government prioritized tariffs rationalization for enhancing the economic and trade activities in the country. The
March 10, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.32.65 billion during the week ended February 26, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
July 05, 2020: The Model Customs Collectorate of Jinnah International Airport, Karachi collected Rs.2658.02 million as customs duty during the month of June 2020 against the assigned target of Rs. 1693.02 million thereby exceeding the
July 5, 2020 (MLN): The federal government on Saturday has appointed Mr. Muhammad Javed Ghani as Chairman, Federal Board of Revenue (FBR) in replacement of Nausheen Amjad, for a period of three months or till
Market Data and Economic Indicators Weekly Performance Jul 03, 2020 Jun 26, 2020 PKR InterBank 166.211 167.668 KSE100 Index 35,051.38 33,939.49 Avg Daily Volume 250,739,223 176,853,137 Gold (Karachi) Rs/10 gm 89,850 88,134 KIBOR 6M
July 05, 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
July 05, 2020: The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) has started implementation of the action plan for re-employment of the overseas Pakistani workers, who had been expelled by their foreign employees
July 04, 2020: The Central Directorate of National Savings (CDNS) has achieved its annual collection of net annual target of Rs 377 billion in the current fiscal year by June 30. CDNS has set Rs
July 03, 2020: Oil & Gas Development Company Limited (OGDCL) as operator with (50% share), Mari Petroleum Company Limited (MPCL) (33.33%) & Saif Energy Limited (SEL)(16.67%) in joint venture of Kohat Exploration Licence (E.L) has
July 03, 2020 (MLN): The Economic Coordination Committee (ECC) in its meeting held on Friday under the Chairmanship of Abdul Hafeez Shaikh, took up a proposal for policy guidelines with respect to sale price of
July 03, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 2.29% during the week ended Jul 02, 2020 while the SPI increased by 9.77% compared to the corresponding period
July 03, 2020 (MLN): Foreign companies operating in Pakistan repatriated $20.2 million in profit and dividends on investments in the country during the month of May’20 which was 89% lower than the profits repatriated in
Jul 03, 2020 (MLN): Pakistan's trade deficit for 12 months (July-June) FY20 was USD 23.18 billion compared to a deficit of USD 31.81 billion from the corresponding period from FY19. According to data released by
July 03, 2020: All arrangements were finalized for the “Digital Global Apparel Sourcing Expo' to be held on the 15th of this month at Expo center Lahore to minimize the problems confronted by the business
July 03, 2020: World Bank Senior Economist Gonzalo Valera has said that the World Bank is keen to help the commerce ministry with e-commerce reforms. She shared these views during an online dialogue on 'E-commerce
July 03, 2020: Pakistan and China launched the 2020 Shandong Export Online Fair (Round II) in Jinan, China, demonstrating a creative way of engaging international business during the COVID-19 lockdown and providing an opportunity for
July 03, 2020: Foreign Minister Shah Mahmood Qureshi has held a video conference with Danish counterpart Jeppe Kofod and conveyed concern on a temporary suspension of PIA flights into Denmark following the European Union Aviation
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