Sep 14, 2020: President Dr Arif Alvi on Monday said Islamic banking and finance offered a broad-based platform to end economic exploitation and stressed its implementation to uplift underprivileged segments of society. Addressing
Sep 14, 2020: The advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday said the government has revised duty drawback rates from 4.39% to 1.7% for electric fans after
September 14, 2020: The investment portfolio of Employees’ Old-Age Benefits Institution (EOBI) has witnessed an increase of over nine per cent in last three years, surpassing Rs 362 billion mark in fiscal year
September 14, 2020 (MLN): The highlight of the Islamic Banking Bulletin issued by State Bank of Pakistan (SBP) was the outstanding growth of Islamic Banking Industry (IBI) as its market share upswings to
September 14, 2020: Moody's Investors Service says in a new report that while global financing conditions have eased markedly in recent months, many emerging and frontier market economies will commence their recoveries with
September 14, 2020 (MLN): The sale of Conventional Naya Pak Certificates (NPCs) has started today through agent banks, the Finance Ministry of Pakistan announced on Monday via Twitter. ‘Roshan Digital Account holders of
September 14, 2020: The coronavirus disease (COVID-19) pandemic has reinforced the need for stronger and more strategic partnerships in Asia and the Pacific, Asian Development Bank (ADB) President Masatsugu Asakawa said at the
September 14, 2020: Asian markets pushed higher Monday as investors creep back after a recent sell-off, with coronavirus vaccine hopes given a boost and traders looking ahead to the Federal Reserve's latest policy
September 13, 2020 (MLN): The financial snapshot of the country in full detail is highlighted with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator
September 13, 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
September 13, 2020: Advisor on Finance Abdul Hafeez Shaikh says the government has repaid five thousand billion rupees debt during the last two years. Addressing a ceremony in Karachi on Saturday, he said
Market Data and Economic Indicators Weekly Performance Sep 11, 2020 Sep 04, 2020 PKR InterBank ** 165.9705 165.7685 KSE100 Index 42,530.67 42,023.00 Avg Daily Volume 750,277,131 745,126,192 Gold (Karachi) Rs/10 gm 98,165
September 12, 2020: Securities and Exchange Commission of Pakistan has taken note of the baseless and unwarranted allegation that information displayed on its website is alterable. This is a misconception since the SECP’s
September 12, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh said economy was now moving forward on the right path after gaining stability due to the Pakistan
September 11, 2020: The Petroleum Division on Friday said it would continue holding consultations with all the provinces and departments concerned for preparing a unified strategy on the issues of natural gas supply
Oct 28, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.18% during the week ended Oct 24, 2019 while the SPI increased by 17.41% compared to the corresponding period
October 28, 2019: Adviser to Prime Minister on Commerce, Industries and Investment Abdul Razak Dawood on Monday said that the government has been giving priority to connect the local economy with major potential economies of
October 28, 2019: The Asian Development Bank (ADB) has approved a $75 million loan for a project that will help improve the quality, accessibility, and gender responsiveness of the secondary education system and infrastructure in
October 27, 2019 (MLN): Apart from political uncertainty that weighed on Pakistan economy, the departed week remained satisfactory from an economic perspective. The highlights of some of the important economic events and policy-oriented developments over
October 27, 2019 (MLN): The financial snapshot of the country was brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for the
October 26: The Securities and Exchange Commission of Pakistan (SECP) has undertaken some vital reforms to shorten the time involved in starting a business, measures for protecting minority investors and resolving insolvency. These were pulling
October 25, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.37.11 billion during the week ended October 18, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.29.11
October 25, 2019 (MLN): The government of Pakistan has retired Rs.16.77 billion during the week ended October 18, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.225.37 billion. As of
October 25, 2019: The gold imports into the country decreased by 3.37 percent during the first quarter of the current fiscal year (2018-19) as compared to the corresponding period of last year. Pakistan imported gold
October 24, 2019: Adviser to Prime Minister on Commerce, Textile, Industry and Investment Razak Dawood has said that up-gradation of railway track would open more job opportunities in the country. The industry and agriculture sectors
October 24, 2019 (MLN): The Banking sector spread for September 2019 increased by 27 basis points (bps) over the month which brings its latest value to 6.17% as compared to prior month's spread of 5.9%.
October 24, 2019: Prime Minister Imran Khan on Thursday expressing satisfaction over the improved World Bank rating of Ease of Doing Business (EODB) by 28 notches said Pakistan by the end of 2020 would become
October 24, 2019: Tea imports in the country during first three months of current financial year reduced by 31.05% as compared the imports of the corresponding period of last year. During the period from July-September,
October 24, 2019: Federal Minister for Economic Affairs Hammad Azhar says Pakistan is committed to complete all the points in action plan of Financial Action Task Force by next year. Addressing a news conference in
October 24, 2019 (MLN): The enactment of six regulatory reforms has landed Pakistan among the world’s top 10 business climate improvers, the World Bank Group’s Doing Business 2020 study says. Due to a concerted improvement
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