February 18, 2021 (MLN): Investors have sold Rs 63 billion worth of Rs 25000 bonds since its ban in December 2020. Before the announcement of its ban, the total investment parked in these bonds
Feb 18, 2021: Prime Minister Imran Khan on Thursday said the government was committed to facilitate the overseas Pakistanis so as to tap their immense potential and divert their financial contribution towards economic
January 15, 2021 (MLN): Cement exports during the month of January 2021 declined by 16.58% YoY to USD 20.749 million from USD 24.87 million in Jan’20 due to strong domestic demand as local
February 18, 2021 (MLN): Pakistan’s textile exports during the month of January 2021, clocked in at $1.32 billion, up by 10.79% when compared with January 2020 and down by 5.5% when compared with
February 18, 2021 (MLN): The value of imports into Pakistan during the month of January, 2021 amounted to Rs. 771,939 million (provisional) as against Rs. 798,228 million in December, 2020 and Rs. 637,326
February 18, 2021 (MLN): The overall exports from Pakistan during the month of January, 2021 amounted to Rs. 343,612 million (provisional) as against Rs. 378,776 million in December, 2020 and Rs. 305,001 million
Feb 18, 2021: Asian markets were mixed Thursday on profit-taking and growing worries about inflation, which offset long-running optimism about the global recovery as vaccines are rolled out, infection rates slow and Joe
February 17, 2021 (MLN): Pakistan’s External Debt and Liabilities ballooned to nearly $115.75 billion at the end of 1HFY21, an addition of $5 billion or 5% in the past six months, reported the
Feb 17, 2021: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Wednesday said the Ministry of Commerce is organizing a Trade and Investment Conference in Colombo, Sri Lanka on
Feb 17, 2021: Ambassadors of United Arab Emirates (UAE) Hamad Obaid Ibrahim Salem Al-Zaabi and Czech Tomas Smetanka Wednesday separately called on Minister for Energy Omar Ayub Khan and discussed matters related to
Feb 17, 2021: Drug Regulatory Authority of Pakistan (DRAP) has granted ‘Emergency Use Approval’ to the CanSinoBIO Recombinant COVID-19 Vaccine Adenovirus Type 5 Vector (the “Ad5-nCoV”) and its marketing through private and public
February 17, 2021 (MLN): A request by a sovereign for rescheduling of its external bilateral debt under the new “Common Framework for Debt Treatments beyond the DSSI” (CF) is unlikely to be compatible
February 17, 2021: Foreign Minister Shah Mahmood Qureshi has urged Egyptian companies to benefit from ample investment opportunities in Pakistan in various sectors, including construction of houses, energy and health. He was talking
Feb 17, 2021: Most markets fell in Asia on Wednesday, hit by profit-taking after a strong rally across the world in recent weeks, with investors worried valuations may have gone too far for
February 16, 2021: Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street set new records on continued confidence of Covid-19 recovery. Bitcoin surged to a high of $50,547.70 in
June 12, 2020 (MLN): The size of Public Sector Development Programme (PSDP) for 2020-21 has been set at Rs1.3 trillion, shows PSDP document issued by Ministry of Planning, Development and Special Initiatives. Out of this,
June 12, 2020 (MLN): Minister for Science and Technology, Chaudhry Fawad Chaudhry has announced that Pakistan’s first COVID testing kit has been approved by the Drug Regulatory Authority of Pakistan (DRAP). Taking to his social media
Jun 12, 2020: A major developer of wind energy in Pakistan, ACT Wind (Pvt) Limited, has signed a contract with Xinjiang Goldwind Science Technology Co., Ltd. to acquire 50MW suite of wind turbine for the
June 12, 2020: Prime Minister Imran Khan has warned of strict action against the shopkeepers and business community who are not following Standard Operating Procedures in wake of Coronavirus. Expressing his views on PTV on
June 11, 2020: Oil and Gas Regulatory Authority (OGRA) on Thursday imposed fine amounting to Rs 40 million on six Oil Marketing Companies (OMCs) for not maintaining the required fuel stocks as per terms and
June 11, 2020: Despite the economic slow down across the world due to COVID-19, the workers' remittances in the country grew by 6 percent during first nine months (July-March), 2019-20 as compared to same period
June 11, 2020: The overall Federal Board of Revenue (FBR) tax collection grew by 10.8 percent during the first ten months of financial year (2019-20) as compared to the corresponding period of last year. According
June 11, 2020: The Economic Survey for 2019-20 reveals seventy three percent decline in current account deficit, bringing it down from 20 billion dollars to three billion dollars. The survey was launched by Advisor on
June 11, 2020: Federal Budget for the next fiscal year 2020-2021 will be announced tomorrow (Friday). The budget will be presented in the National Assembly tomorrow at four pm. A copy of the Finance Bill
Jun 11, 2020: The government on Thursday said there was a gap of over 2 Billion Cubic Feet per day gas between production and demand of the commodity to meet requirements of more than 9.6
Jun 11, 2020: The performance of auto industry remained sluggish during the current financial year, except buses where it witnessed growth of 17 percent during July-March 2019-20. According the Economic Survey 2019-20 launched here on
Jun 11, 2020: Pakistan Atomic Energy Commission (PAEC) has intensified its activities to meet the nuclear electricity generation target of 8,800 MW by the year 2030 set through government's Energy Security Plan formulated in 2005.
Jun 11, 2020: Textile exports of the country maintained about 59 percent, according to Pakistan Economic Survey (PES) 2019-20. Textile is the most important manufacturing sector of Pakistan and has the longest production chain, with
Jun 11, 2020: The outbreak of deadly Corona virus, which had badly affected the global economies also negatively impacted the national economy and performance of all major sectors remained dismal during the outgoing fiscal year
June 11, 2020 (MLN): In the midst of a global pandemic, Pakistan government is going to announce the budget for FY21 on June 12, 2020. The FY20-21 budget which covers the period between July 1,
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