Sep 09, 2020: European stock markets climbed at the open on Wednesday despite Asian equities sliding and an overnight rout on Wall Street. London's benchmark FTSE 100 index gained 0.2 percent to 5,941.19
September 9, 2020 (MLN): The State Bank of Pakistan will soon initiate a formal launch of its Roshan Digital Accounts. However, the banks are already opening Roshan Digital account under the soft launch.
September 9, 2020: Prime Minister Imran Khan has directed to prepare a roadmap to steer the country out of gas crisis. Addressing a seminar on Natural Gas Supply in Islamabad on Wednesday, he
September 9, 2020: Pakistan has called for collective action to achieve sustainable economic development in the wake of unprecedented global crisis triggered by the Covid-19 pandemic. Addressing the United Nations' meeting of Finance
September 9, 2020 (MLN): Prime Minister Imran Khan says Information Technology sector in Pakistan holds tremendous potential of investment, revenue generation and economic development. He was talking to a delegation of technology giant
September 09, 2020: When the economic seas become stormy, investors usually tend to seek out “safe haven” assets — low-risk, low-yielding financial vessels — in which to place their money. But, as in
September 09, 2020: Clinical trials of one of the most advanced experimental Covid-19 vaccines, which is being developed by pharmaceutical company AstraZeneca and Oxford University, were “paused” Tuesday after a volunteer developed an
September 09, 2020: US-China rivalry is set to dominate discussions as the foreign ministers of 10 Southeast Asian countries begin an online summit Wednesday, with Washington's top diplomat ready to take aim at
Sep 09, 2020: Technology and energy firms were among the big losers as Asian investors ran for the exit Wednesday following another rout on Wall Street, with vaccine and post-Brexit trade deal fears
Sep 08, 2020: Crude oil prices were down on Tuesday with a rise in concerns over low demand with the end of the summer driving season and growing numbers of coronavirus cases worldwide.
Sep 08, 2020: Europe's major stock markets diverged in opening deals on Tuesday, with London's FTSE 100 index up 0.2 percent at 5,950.15 points. In the eurozone, Frankfurt's DAX 30 index dipped 0.2
September 8, 2020: Karachi Chamber of Commerce & Industry has demanded NEPRA to end the monopoly of K Electric on power generation, distribution and sale of electricity to consumers in Karachi, who are
September 8, 2020: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over declining trend in exports, which have posted a downfall of around 20 percent to $1.58
Sep 08, 2020: The Petroleum Division is in process of formulating a vibrant policy to exploit massive shale gas and oil reserves by attracting multinational companies in exploration sector of the country. “The
September 8, 2020: The coronavirus pandemic and subsequent impact on the oil market are having a considerable effect on migrant workers and are likely to suppress remittance flows in the APAC region, Fitch
October 18, 2019 (MLN): Financial Action Task Force (FATF) held its plenary meeting with Pakistan today, by the end of which it decided that the country must be given time till February to curb terror
October 18, 2019: Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh and members of Pakistani delegation met International Monetary Fund’s Director Middle East and Central Asia Department (MCD), Jihad Azour. According
October 18, 2019: Spokesman of Finance Ministry, Omar Hamid Khan, Friday said that the measures taken by the government to stabilize economy of the country and restore investors’ confidence were yielding results as indicated by
October 18, 2019: The government has so far released funds amounting to Rs116.362 million during the current fiscal year to execute petroleum projects under the Public Sector Development Programme (PSDP 2019-20) against the total allocation
October 18, 2019: The United Arab Emirates (UAE) has offered Pakistan to give access to its labour market’s database, which would help boost export of Pakistani workforce to the former. The offer was extended by
October 18, 2019: Kuwait has decided in principle to sign a Memorandum of Understanding (MoU) to import Pakistan's skilled, semi-skilled and unskilled manpower in diverse fields including health, education, agriculture and construction. “The MoU will
October 18, 2019: The South Asia Vision 2030 of SAARC Chamber is poised to usher an era of prosperity, progress, development and welfare for the people in the region which mainly aimed at accelerating the
October 18, 2019: The Chairman Federal Board of Revenue Syed Muhammad Shabbar Zaidi has inaugurated the Urdu website of FBR. The Urdu version of the website has been launched to facilitate the taxpayers. The Urdu
October 18, 2019 (MLN): With the revival of Foreign Direct Investment (FDI) in Pakistan, Norway appeared as the biggest investor during 1QFY20, as its net FDI inflows into the country stood at US$ 263.7 million,
Oct 17, 2019: National Accountability Bureau (NAB) has constituted Anti Money Laundering, Combating the Financing of Terrorism Cell (AML/CFT) in NAB headquarters. According to NAB spokesman, the cell has been tasked to maintain close coordination
October 17: The Securities and Exchange Commission of Pakistan (SECP) is taking various initiatives to create an enabling regulatory framework for facilitating startups in Pakistan. These measures will attract local and international innovators, SECP’s Commissioner
October 17, 2019: Central Development Working Party (CDWP) meeting on Thursday, presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, approved 09 projects worth Rs.40 billion and recommended 02 projects worth Rs. 55.5billion to
October 16: Consul General of Malaysia Khairul Nazran Abd Rahman has said that Malaysia and Pakistan need to agree upon on a new concessional list under the existing Free Trade Agreement (FTA) as they have
October 16: The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments in the Public offering Regulations, 2017 for seeking public comments. The objective behind the proposed amendments is to promote capital formation
October 16, 2019 (MLN): The Global Competitiveness Report 2019 of the World Economic Forum has ranked Pakistan as the 52 most dynamic economy in the world. It is pertinent to note that Pakistan managed to
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