December 28, 2020: Information Technology & IT-enabled Services (ITeS) export remittances comprising of computer services and call center services have surged to US $648.940 million at a growth rate of 38.16% during July-November
December 28, 2020: Despite lockdown across the country as well as the whole world due to COVID-19, the KSE-100 index witnessed an increase of 1.53 percent during the fiscal year 2019-20 as it
December 28, 2020 (MLN): Under Punjab Chief Minister Sardar Usman Buzdar's direction, agriculture loans are being provided to farmers for Rabi and Kharif crops of the fiscal year 2020-21. According to a spokesman
December 28, 2020 (MLN): The Federal Board of Revenue on Sunday said that the receipt of income tax returns for the year 2020 has significantly improved. Making the announcement via Twitter, the FBR
December 28, 2020: Pakistan International Airlines is resuming its flight operation from Saudi Arabia today, to bring back Pakistanis willing to leave the Kingdom. This was announced by a PIA Spokesman in Karachi.
December 28, 2020: Asian markets were mostly higher Monday as US President Donald Trump signed a massive coronavirus relief bill, boosting positive sentiment despite ongoing concern over a new strain of Covid-19. Under
December 27, 2020 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in
December 27, 2020 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. Pakistan’s fiscal deficit during
December 27, 2020: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Sunday said Pakistan’s trade with African countries touched US $ 4.18 billion in 2019-20, which was increased by
Market Data and Economic Indicators Weekly Performance Dec 25, 2020 Dec 18, 2020 PKR InterBank 160.3187 160.0891 KSE100 Index 43,416.77 43,740.55 Avg Daily Volume 506,566,414 548,884,211 Gold (Karachi) Rs/10 gm 96,665 96,280
December 25, 2020 (MLN): Pakistan’s fiscal deficit during July-October, FY2021 stood at 1.7% of GDP (Rs 753 billion) against 1.4% of GDP (Rs 564 billion) in the comparable period of last year. While
December 25, 2020 (MLN): Pakistan’s exports during the month of November 2020 showed a growth of 5% YoY and 14% MoM to $2.227 billion. However, cumulatively, during Jul-Nov FY21, the overall exports declined
December 25, 2020: Special Assistant to the Prime Minister (SAPM) on Petroleum Friday explained in detail the purchase and sale mechanism of Liquefied Natural Gas (LNG), rejecting all negative and speculative reports appearing
December 25, 2020: Tokyo stocks ended nominally lower on Friday after thin trade with overseas investors absent over the Christmas holidays. The benchmark Nikkei 225 index fell 0.04 percent, or 11.74 points, at
December 25, 2020: Both China and Pakistan are big stakeholders of automobile production and consumption and it would be a positive decision for Pakistan to promote production of new energy vehicles. Visiting professor
April 01, 2020: The World Bank Board of Directors approved a $700 million additional financing to help Pakistan generate low-cost, renewable energy to provide affordable electricity supply to millions of users Tuesday. This support for
April 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in March 2020 was 10.24 percent compared to 12.40 percent in February 2020 and 8.60 percent in March 2019. The July-March average inflation is
April 1, 2020: Federal Board of Revenue (FBR) has released the information about refund claims sanctioned through FASTER (Fully Automated Sales Tax e-Refund) system developed for quick processing of refunds due to exporters. Since July
April 1, 2020: Minister for Economic Affairs, Hammad Azhar says comprehensive arrangements have been made to ensure sufficient production and supply of all essential items in the country. Addressing a press conference in Islamabad, he
April 01, 2020: Planning Minister Asad Umar has underlined the need for a united national response to meet the challenge of Coronavirus pandemic. He was briefing the media along with Special Assistant on National Health
March 31, 2020: The Oil and Gas Regulatory Authority (OGRA) on Tuesday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of April. According to the notification, the authority has reduced the
March 31, 2020 (MLN): The Federal Board of Revenue has further extended the date of payment of Sales Tax and Federal Excise Return for the tax period February 2020, up to April, 12, 2020 Copyright
March 31, 2020 (MLN): The arrival of the new month i.e. April 2020 might surprise many by bringing along much-awaited single-digit inflation numbers for the month of Mach 2020. If that happened, it would be
March 31, 2020 (MLN): The unrelenting oil price war between Russia and Saudi Arabia started on March 8, 2020 when the breakup in a dialogue between Organization of the Petroleum Exporting Countries (OPEC) and Russia
March 31, 2020: Prime Minister Imran Khan has underscored the government's resolve to take all-out steps to provide possible relief to people and every sector of the economy in a difficult hour in the face
March 30, 2020: The Economic Coordination Committee (ECC) of the Cabinet Monday approved the fiscal stimulus package of Rs. 1.2 trillion aimed at addressing the ongoing challenges that emerged due to Covid-19 (Coronavirus) outbreak. The
March 30, 2020 (MLN): The foreign net outflow continued to increase to $76.53 on March 27, 2020 from Pakistan’s sovereign debt securities and equity as fears of a global recession over COVID-19 spread heightened risk
March 30, 2020: The Central Development Working Party (CDWP) Monday approved two projects worth Rs 466.264 million and recommended four projects valuing Rs 133 billion to Executive Committee of National Economic Council (ECNEC) for consideration.
Mar 30, 2020: The Asian Development Bank (ADB) Monday approved a further $2 million grant to support the government of Pakistan’s efforts to combat the coronavirus (COVID-19) pandemic in the country. The grant, financed from
March 30, 2020: The sale and production of cars dipped by 43.37 percent and 45.83 percent respectively during eight months of the financial year 2019-20 compared to the corresponding period of last year. During the
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