March 4, 2021 (MLN): In Pakistan, one can almost always count on cricket and politics to deliver on drama. Look at Lahore Qalandars — the side infamous for losing in the Pakistan Super
Mar 04, 2021: Central Directorate of National Savings (CDNS) has received Rs 29 billion new investments by February 28, through registered Premium Prize Bonds of Rs 40,000 and Rs 25000 introduced by the
Mar 04, 2021: European stock markets dropped at the start of trading on Thursday following sharp losses in Asia. London's benchmark FTSE 100 index lost 0.6 percent to 6,636.05 points. In the eurozone,
March 4, 2021: Foreign Minister Shah Mahmood Qureshi has expressed satisfaction over the Norwegian investment in Pakistan. During his telephonic conversation with Norwegian counterpart Ine Eriksen Søreide, the Foreign Minister appreciated the growing
March 4, 2021: Prime Minister Imran Khan will virtually participate in the 14th ECO Summit today (Thursday) under the theme of 'Regional Economic Cooperation in the aftermath of COVID-19.' Prime Minister Khan will
Mar 04, 2021: Asian investors retreated as the rollercoaster ride on global markets continued, with fears over inflation winning the tug of war with vaccine optimism on Thursday. After a year-long rally across
March 03, 2021 (MLN): Pakistan's trade deficit for 8 months (July-February) FY21 was USD 17.54 billion compared to a deficit of USD 15.85 billion from the corresponding period from FY20. According to data
March 03, 2021: JazzCash, Pakistan’s leading fintech, has collaborated with Haball, a supplier payment digitization company as its partner to help in digitizing supply chain payments. With this partnership, JazzCash and Haball aim
Mar 03, 2021: The Asian Development Bank (ADB) Country Director Pakistan, Xiaohong Yang has termed the gender inequities a significant challenge for Pakistan with low literacy rates and labor force participation for women,
March 3, 2021: The government has so far released around 91.6 percent funds against the total allocation of Rs1,8441.230 million to execute eight petroleum sector projects under the Public Sector Development Programme (PSDP
March 3, 2021 (MLN): The overall imports during Jul-Feb FY21 have increased by USD 2.085 billion as compared to the same period in the last fiscal year. In this regard, the Ministry of
March 3, 2021 (MLN): The Finance Ministry on Monday, informed that encouraging fiscal indicators, considerable growth in net revenues and effective expenditure control measures have helped contain the overall fiscal deficit to 2.5%
Mar 03, 2021: Asian markets rose Wednesday following the previous day's losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to
Mar 02, 2021: The federal government has collected around Rs679 billion on account of the Petroleum Development Levy (PDL) during the last three years to meet the country’s budgetary revenue targets. The petroleum
March 2, 2021 (MLN): Following a strong start to a new year, the upturn in the sales of Petroleum and Lubricants continues, as the total sales volume of the Oil and Marketing Companies
June 28, 2020: Advisor to the Prime Minister on Commerce, Abdul Razak Dawood has said that Pakistan is rapidly diversifying its exports into high quality and globally competitive engineering products. He was chairing an internal
Jun 28, 2020: Oil and Gas Regulatory Authority (OGRA) has issued around 63 licences of different nature for promotion of Liquefied Petroleum Gas (LPG) industry in the country during first nine months of the current
June 28, 2020 (MLN): The highlight of the departed week was the unexpected cut in the interest rate by SBP at its meeting on 25th June 2020, where it decided to reduce policy rate by
June 28, 2020 (MLN): The country's financial picture is brought to light with the release of economic and financial data during the week. The government revised and increased the prices of various petroleum products by
Market Data and Economic Indicators Weekly Performance Jun 26, 2020 Jun 19, 2020 PKR InterBank 167.668 166.638 KSE100 Index 33,939.49 33,438.94 Avg Daily Volume 176,853,137 228,736,914 Gold (Karachi) Rs/10 gm 88,134 86,334 KIBOR 6M
June 27, 2020 (MLN): Pakistan’s overall exports performance during Jul-May FY20 showed a decline of 7% YoY, to $20.94 billion as compared to $22.46 billion recorded during Jul-May FY19. According to the data issued by
June 27, 2020 (MLN): The major importable goods during 11MFY20 were Petroleum, Agriculture Products & Chemicals, Machinery and Food as they accounted for 23%, 17%, 14% and 11% of the total import respectively. Even though
June 27, 2020 (MLN): The U.S.A remained the top export destination for Pakistan, with $237 million worth of shipments in the month of May, despite a decline of 6% MoM and 33% YoY in exports
June 26, 2020 (MLN): While chairing a meeting to review steps taken by the government to control prices of essential items in Islamabad on June 16 2020, Prime Minister Imran Khan said that the reduction
Jun 26, 2020: Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Friday urged for immediate payment of pending income tax refund to save them financial crunch and bankruptcy. FPCCI Vice President Zahid Iqbal, while
June 26, 2020 (MLN): In a surprise move on Thursday i.e. June 25, 2020, the Monetary Policy Committee (MPC) of the central bank decided to slash policy rate by further 100 bps to 7%. This
June 26, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.15% during the week ended Jun 25, 2020 while the SPI increased by 10.21% compared to the corresponding period
June 26, 2020 (MLN): State Bank of Pakistan (SBP) has received $500 million from the Asian Infrastructure Investment Bank (AIIB) on 25th June 2020. This brings the total amount received from multilateral institutions this week
June 26, 2020: Prime Minister Imran Khan says there has been no confusion in the government's policy to tackle the challenge of COVID-19 pandemic. Addressing at the National Assembly on Thursday, he said the government
June 26, 2020: Minister for Industries and Production Hammad Azhar has said that the government is confident of achieving the tax collection target of 4960 Billion set in the next year budget through Federal Board
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