February 25, 2021: The Financial Action Task Force (FATF) Thursday appreciated Pakistan for the significant progress made on the entire action plan. The Plenary meetings of FATF were held virtually from February 22
February 25, 2021 (MLN): The exports of ICT &Telecom Services have grown by 38% YoY to USD1.119 billion during July-Jan FY21 compared to USD 811 million in the corresponding period last year. This
February 25, 2021: The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved its decision into fuel price adjustments (FCA) for month of January on a petition filed by Central Power Purchase Agency
February 25, 2021: A spokesman for the Petroleum Division on Thursday vehemently rejected a news item appearing in the section of media about increase in the gas prices, terming them mere rumors and
February 25, 2021 (MLN): Pakistan has received $6.66 billion total external inflows during July-Jan FY21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to restructure its economy and finance
February 25, 2021 (MLN): Pakistani banks have reported strong growth in profitability during CY2020 despite pandemic and rising provisions. Moody’s Investors Service in its latest report has said as of 22 February, three
Feb 25, 2021: Another Federal Reserve reassurance it would not hike interest rates until absolutely necessary buoyed Asian markets Thursday, while traders were also taking heart from more positive developments on the vaccine
February 24, 2021: European and US stocks were boosted Wednesday by news that several million doses of a new coronavirus vaccine could be on the way. After spending much of the day in
February 24, 2021: National Command and Operation Center(NCOC) on Wednesday, keeping in view current COVID-19 situation, had removed condition of 50 percent work from home in all government institutions. NCOC also lifted time-limit
Feb 24, 2021: National Electric Power Regulatory Authority (NEPRA) in a landmark decision has reduced the Return on Equity (ROE) component of three Nuclear Power Generation Plants including the C-2, C-3 and C-4
Posted on: 2021-02-24T18:34:00+05:00 39903
February 24, 2021 (MLN): The Ministry of Commerce has released Rs 5.5 billion under the Drawback of Local Taxes and Levies (DLTL) scheme, which includes Rs 3.762 billion for the textiles & Rs.
February 24, 2021: Dubai Islamic Bank – the World’s First Islamic bank – today joined the Roshan Digital Account (RDA) initiative of the State Bank of Pakistan (SBP) in a ceremony with Governor
February 24, 2021: Prime Minister Imran Khan has emphasized on improving trade links among the countries of the sub-continent to bring people out of poverty. Addressing the first Pakistan-Sri Lanka Trade and Investment
February 24, 2021: Makhdum Khusro Bakhtyar, Minister for Economic Affairs witnessed the signing ceremony of ITFC’s Annual Financing Plan 2021 for the Government of Pakistan, amounting to US$ 1.1 billion. The document was
June 21, 2020: The Finance Bill for the FY 2020-21 has incorporated Rs. 100 Billion Privatization proceeds as part of the ‘Non-Tax Revenue Receipts’ for the FY 2020-21. The Privatization Commission is fully committed and
June 20, 2020: The Petroleum Division on Saturday vehemently rejected a news item appearing in a section of print media regarding the case between Pakistan LNG Terminal Limited (PLTL) and Pakistan Gas Port Consortium Limited
June 20, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held here on Saturday under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives (PDSI) Asad Umar. The CCoE was
June 19, 2020 (MLN): Despite Covid-19 pandemic, multinational firms have continued to poured investment into ongoing projects in different sectors of Pakistan such as Power, Communication, Oil &Gas and Financial Businesses etc. According to the
June 19, 2020 (MLN): The Asian Development Bank (ADB) and the Government of Pakistan today signed 3 loan agreements, for $235 million, $500 million, and $75 million, respectively. The first loan agreement pertains to the
June 19, 2020 (MLN): Pakistan witnessed a total foreign investment of $9.4 million in the month of May’20 after observing disinvestment for the past two months consecutively. This increase in foreign investment is mainly attributable
June 19, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.02% during the week ended Jun 18, 2020 while the SPI increased by 9.89% compared to the corresponding period
June 19, 2020: Pakistan Post has received foreign remittance amounting to $30.860 million, equivalent to Rs 4,832.505 million during July-December Fiscal Year 2020. A senior official told APP on Friday that Pakistan Post also received
June 19, 2020: The cabinet committee on energy approved on Friday the proposals relating to supply of additional power to Karachi Electric (KE) from the national grid and directed that the technical details may be
June 19, 2020 (MLN): Pakistan welcomed Foreign Direct Investments of $9.4 million during the month of May, 2020, after witnessing divestments for the past two months consecutively. According to the monthly data compiled by the State
June 19, 2020: The National Price Monitoring Committee (NPMC) meeting was held under the Chairmanship of Finance Secretary to discuss the price trend of essential food items. The meeting was attended by the representatives from
June 19, 2020: The border between Pakistan and Iran has been reopened for uninterrupted mutual trade through Taftan in Pakistan and Mirjaveh from Iranian side. According to official sources, following a direction by Federal Interior
June 19, 2020: The two-state companies, SNGPL and SSGC, would provide gas to Special Economic Zones (SEZs) and industrial parks, during the fiscal year 2020-21, aimed at boosting industrial production in the country. The Sui
June 19, 2020: The exports of cement witnessed a decrease of 6.79 percent during the first eleven months of the financial year 2019-20, against the exports of the corresponding period of last year. The cement
June 19, 2020: UN Resident Coordinator Julien Frederic Morcom-Harneis has hinted at further support from the World Health Organization and the United Nations for Pakistan to address the spread of coronavirus. Foreign Minister Shah Mahmood
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