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: 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
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
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
February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to
February 16, 2021 (MLN): Overseas Pakistanis have responded positively to SBP’s Roshan Digital Account with over 87 thousand accounts being opened so far and USD 500 million has been sent to Pakistan in
February 16, 20201: An International Monetary Fund (IMF) team led by Ernesto Ramirez Rigo, concluded virtual discussions with the Pakistani authorities and reached a staff-level agreement on the second to fifth reviews of
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,
June 11, 2020: Minister for Information and Broadcasting Shibli Faraz says stern action would be taken against those found responsible for creating an artificial shortage of petrol in the country, after an inquiry. Talking to
June 11, 2020: Prime Minister Imran Khan says the government is prioritizing sectors that promise job opportunities to the youth, agriculture sector, and up-gradation of the public health system in the country. Chairing a meeting
June 10, 2020: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved technical supplementary grants of billions of rupees for various ministries and division. The committee, the meeting of which was chaired by Adviser
June 10, 2020: Governor State Bank of Pakistan (SBP) Reza Baqir has informed that so far a total of 1320 companies have availed SBP’s refinance scheme and a sum of Rs96 billion has been disbursed
Jun 10, 2020: The State Bank of Pakistan has gradually reduced the policy interest rate from 13.25 per cent to 8 per cent, which is commendable as it would provide cheap loans to the business
Jun 10, 2020: The Asian Development Bank (ADB) has approved a $500 million loan to help the government of Pakistan deliver social protection programs to the poor and vulnerable, expand health sector capabilities, and deliver
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