February 26, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 2.41% during the week ended Feb 25, 2021 while the SPI increased by 13.89% compared to the
February 26, 2021 (MLN): Multinational companies operating in Pakistan repatriated $1.025 billion in profit and dividends on investments in the country during the seven months of FY21 which was 8% higher than the
February 26, 2021: Qatar will provide Pakistan three million tons of Liquified Natural Gas (LNG) for 10 years as the two countries entered into an agreement on Friday. Prime Minister Imran Khan witnessed
February 26, 2021: Pakistan has completely avoided blacklisting by Financial Action Task Force (FATF) and would come out of Grey list in coming June, as it had made significant progress on the historically
February 26, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July-Jan FY21, followed by United Arab Emirates (UAE), Singapore, and the USA. According to
February 26, 2021 (MLN): USA remained as the top export destination for Pakistan with $2.68 billion worth of shipments in Jul-Jan FY21, against the exports of $2.44 billion in the same period of
February 26, 2021 (MLN): CCL Pharmaceuticals and Genix Pharma of Pakistan signed agreements with Sri Lankan companies during the Trade & Investment Conference held at Colombo on 24 Feb 2021. Taking to his
February 26, 2021: Prime Minister Imran Khan says development of the construction sector is vital for stabilization of country's economy. Chairing the weekly meeting of National Coordination Committee for Housing, Construction and Development
February 26, 2021: Minister for Industries and Production and Chairman FATF Coordination Committee Hammad Azhar, has said that Pakistan has completed almost 90 percent of its current FATF action plan. In a series
Feb 26, 2021: Equity markets suffered another sell-off Friday on fears that an expected strong global economic recovery this year will fan inflation and force central banks to hike interest rates, despite reassurances
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
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
June 19, 2020: Pakistan’s fiscal consolidation targets presented its FY21 budget on 12 June will be challenging to meet amid the economic shock and health crisis associated with the coronavirus pandemic, says Fitch Ratings. Public
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