October 16, 2020: The British pound wobbled Friday, boosting London stocks, after UK Prime Minister Boris Johnson warned he was ready to walk away from European Union trade talks and prepare for a
October 16, 2020: The US budget deficit surged 218 percent to a record $3.1 trillion in the fiscal year ended September 30 due to a massive increase in spending to help the economy
October 16, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.45% during the week ended Oct 15, 2020 while the SPI increased by 9.2% compared to the
October 16, 2020 (MLN): State Bank of Pakistan (SBP) on Friday, has updated Exchange Companies Manual to draw exchange companies’ attention towards Anti-Money Laundering, Combating the Financing of Terrorism & Countering Proliferation Financing
October 16, 2020 (MLN): Pakistan witnessed Foreign Direct Investments (FDI) of $189 million during the month of September 2020, i.e. around 68.2% higher as compared to the net inflows of $112.3 million received
October 16, 2020 (MNL): The overall output of the Large Scale Manufacturing Industries (LSMI) increased by 1.19% for August 2020 as compared to August 2019 and decreased by 6.78% if compared to July
October 16, 2020: Foreign Minister Makhdoom Shah Mahmood Qureshi held a video call with the Saudi Minister of Communications and Information Technology and discussed bilateral cooperation in the field of information technology. Foreign
October 16, 2020: Federal Minister for Industries and Production Hammad Azhar on Friday informed the Senate that the present government has taken various steps for the elimination of the Hawala or Hundi system
October 16, 2020: Europe's major stock markets rebounded in opening deals on Friday from the previous day's sharp sell-off sparked by tightening coronavirus lockdown measures in the region. In initial trade, London's benchmark
October 16, 2020 (MNL): Pakistan Business Council (PBC) has cautioned the government against an accession to the World Trade Organisation’s (WTO) treaty of free trade of IT products, as it says this will
October 16, 2020: Prime Minister Imran Khan says the government is taking all possible steps to facilitate business community and industrialists. He was talking to a delegation of industrialists who called on him
October 16, 2020: China's Zhejiang Province will organize a virtual exhibition of plastics and packing industry and online business to business meetings of the Chinese manufacturers and suppliers with Pakistani buyers from 26th
October 16, 2020: Economic Coordination Committee has approved the import of 340,000 metric tonne wheat. The approval was granted during its meeting held in Islamabad today (Thursday) with Finance Advisor Dr Abdul Hafeez
October 16, 2020: Prime Minister Imran Khan has said that around 21,000 non-resident Pakistanis opened Roshan Digital Account remotely and sent 24 million dollars with the number still growing. In a tweet, the
October 16, 2020: The World Bank will provide 1.150 billion dollars concessional financing to Pakistan for the two projects to support hydropower and renewable energy development in Khyber Pakhtunkhwa, and transmission of power
Dec 18, 2019: Minister for Planning and Development Asad Umar Wednesday said Pakistan had a serious debt problem and the issue could be tackle by import substitution and increase in exports. Speaking at a seminar
December 18, 2019 (MLN): The overall output of LSMI decreased by 6.48% during July-Oct, 2019-20, as compared to July-Oct, 2018-19. The LSMI output decreased by 7.97% during October, 2019, as compared to the same month
December 18, 2019 (MLN): The exports of food group witnessed an increase of 16.20% YoY to $1.75 billion during Jul-Nov FY20. According to the latest data issued by Pakistan Bureau of Statistics on export receipts
December 18, 2019: Pakistan is the third least performer among countries in terms of gender parity, ranking 151 out of 153 countries in the world on Global Gender Gap Index 2020, report released by the
December 18, 2019: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh on Tuesday chaired a meeting held at the Finance Division to discuss ways and means for enhancing foreign investment
December 18, 2019 (MLN): Chairman Federal Board of Revenue (FBR), Shabbar Zaidi has requested business community including Chambers of Commerce to support the authority in curbing under-invoicing of imports. In a tweet, he said, “FBR
December 18, 2019: The SAARC Chamber of Commerce and Industry organized a 2-day start up boot camp in Colombo, Sri Lanka for young entrepreneurs to encourage them to initiate business activities. The camp was jointly
December 18, 2019: The Petroleum Division Wednesday rejected a news item appearing in a cross-media section about 214 percent increase in gas tariff from next month, saying “no such increase has been notified by the
December 18, 2019 (MLN): The overall imports of Petroleum Group witnessed 21.8% decline during Jul-Nov 2019 as compared to the corresponding period of the last year. During the period, the total imports of Petroleum group
December 18, 2019: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs. 110 billion by December 16 of fiscal year 2019-20. The CDNS has set Rs. 350 billion annual
December 18, 2019 (MLN): Direct Foreign Investment (FDI) in Pakistan during Jul-Nov 2019 increased to $850 million from $477.3 million in the same period last year. This significant upsurge of 78% in FDI recorded on
December 18, 2019 (MLN): Norway has emerged as the first largest foreign direct investor in Pakistan during Jul-Nov FY20, with investments pegged at about $334 million. According to the latest data published by State Bank
December 18, 2019: The Ambassador of the United States of America H.E, Mr Paul W. Jones called on Federal Minister for National Food Security & Research, Makhdoom Khusro Bakhtiar here in Islamabad yesterday. Mr Rey
December 18, 2019: Minister for Power Division Omar Ayub Khan says the government has allocated 7.254 Billion rupees to uplift electricity infrastructure in the merged districts of Khyber Pakhtunkhwa. Chairing a meeting in Islamabad on
December 17, 2019: President Dr. Arif Alvi on Tuesday said that the emerging technologies like Artificial Intelligence, Blockchain, Robotics and Internet of Things (IoTs) were poised to unleash the next wave of digital disruption, and
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