December 03, 2020: Wall Street's main stock indices pushed higher on Thursday after Ryanair confirmed a major order of Boeing 737 MAX jets. The deal for 75 of the planes by the Irish
December 03, 2020: The members of the OPEC group of oil producers are meeting with their allies on Thursday to see if they can reach an accord on extending production cuts over the
December 3, 2020: Mobile banking transactions increased to 36.4 million amounting to Rs. 908.7 billion in Q1-FY21, marking an increase of 139% by volume and 211% by value when compared with the same
Dec 03, 2020: Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday stressed the need for evaluating the clearance time with reference to the regional trading partners in
December 03, 2020 (MLN): Pakistan's Forex Reserves decreased by USD 310.60 Million or 1.51% and the total liquid foreign reserves held by the country stood at USD 20,241.80 Million on Nov 27, 2020.
December 3, 2020: Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad today. Minister for
December 03, 2020 (MLN): Foreign Investors during the week ended November 27, 2020, took out net amount of Rs. 1.57 billion by selling of local securities, whereas last week, the accounts observed a
Dec 03, 2020: European stocks steadied at the open Thursday, as traders weighed Covid vaccine hopes against rising infections and uncertainty surrounding a post-Brexit trade deal, OPEC oil output and US stimulus package.
December 03, 2020: The group of the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, will meet on Thursday over a possible extension of production cuts over the coming months.
December 03, 2020 (MLN): The growing circular debt is not only plaguing cash-bleeding power sector where it was accumulating at supersonic speed and crossed the Rs 2,253 billion mark, but now the circular
December 03, 2020: Pakistan International Airlines and Oriental Sky Aviation limited have signed a landmark cargo charter agreement which will pave way for direct and daily dedicated cargo flights between Pakistan and China.
December 2, 2020 (MLN): The headline inflation for the month of Nov’20 decelerated to 8.35%YoY and 0.82% MoM, compared to 8.91% YoY and 1.7% MoM in the previous month, bringing the 5MFY21 CPI
December 02, 2020: State Bank of Pakistan (SBP) has issued a regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce exports from Pakistan. Under the new regulatory framework, the mandatory requirement of ‘Export’ (E) form
December 2, 2020: Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad today. Minister for
December 2, 2020 (MLN): Chinese Smart Phone Manufacturer, VIVO, has decided to establish a smart phone manufacturing facility in Pakistan, for which the land has been purchased. This was informed by Minister of
February 27, 2020: Statement by Ernesto Ramirez Rigo, Mission Chief for Pakistan, on the second review of the Extended Fund Facility (EFF): “Following discussions between International Monetary Fund (IMF) staff and the Pakistani authorities in
February 27, 2020: Badar Shamim, former Chairman, Brampton Board of Trade, Canada and President, Candus International Consulting Thursday said that Pakistan’s ICT companies have great potential to explore business partnerships in Canada. He along with
February 27, 2020: The Asian Development Bank (ADB) has approved a further $2 million to help developing countries in Asia and the Pacific contain the outbreak of the novel coronavirus (COVID-19) and improve resilience to
February 27, 2020: A delegation of APTMA and zero-rated Industries held negotiations with Government team which included Federal Minister for Power and Petroleum Mr Omar Ayub Khan, Federal Minister for Economic Affairs, Mr Hamad Azhar,
February 27, 2020: Moody’s has released a report focusing on Pakistan’s Banking Sector, which states that the country's continued presence on the list of jurisdictions under increased monitoring is credit negative for its banks ‘On
February 27, 2020: Federal minister privatization Mohammed Mian Soomro chaired a 9th review committee meeting in Islamabad yesterday. The Minister was briefed about the progress made in the privatization of PSEs, which are to be
February 27, 2020: The two-day 9th Session of Pakistan-Kazakhstan Inter-governmental Joint Commission will begin in Islamabad today. The IJC session will also be followed by the Inaugural round of Bilateral Political Consultations. The IJC and
February 27, 2020: Prime Minister Imran Khan will embark on a day-long visit to Qatar today. This will be the second visit of the Prime Minister to Qatar after taking office. The focus of the
February 26, 2020 (MLN): The outstanding loans to private sector businesses by the end of January 2020 increased slightly by 1% MoM to Rs.5.3 trillion as compared to the previous month. Whereas, in the month
February 26, 2020 (MLN): Profits and dividends repatriated by Pakistani sectors during January 2020 stood at $110.3 million, showing a decrease of 34% as compared to the previous month and 30% as compared to the
February 26, 2020: The Overseas Investors Chamber of Commerce and Industry (OICCI) has launched its ‘OICCI Energy Report 2019’ today. The report is based on the recommendations of the 31 leading international energy sector companies
February 26, 2020 (MLN): The closure of Taftan border, amidst rising fears emanating from Covid-19 infection in the region, has resulted in the stoppage of LPG supplies from Iran. It is imperative to mention that
February 26, 2020: Prime Minister Imran Khan says after achieving economic stabilization, the government is now focusing on socio-economic growth. He was talking to a delegation of foreign investors which called on him in Islamabad.
February 25, 2020 (MLN): The Banking sector spread for January 2020 mitigated by 37 basis points (bps) over the month which brings its latest value to 5.70% as compared to prior month's spread of 6.07%.
Feb 25, 2020: Alternative Energy Development Board (AEDB) Tuesday arranged 4th progress review meeting on net metering. The meeting was chaired by AEDB Chief Executive Officer (CEO) Dr Rana Abdul Jabbar Khan, said a press
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