September 23, 2020 (MLN): The Banking sector spread for August 2020 depressed by 12 basis points (bps) over the month which brings its latest value to 4.88% as compared to prior month's spread
September 23, 2020: Eurozone economic activity stagnated in September as a summer recovery faltered because of a resurgence in the spread of the coronavirus, IHS Markit said Friday. The firm's closely watched PMI
September 23, 2020 (MLN): Economic Coordination Committee (ECC) today has approved the proposal for the removal of additional customs duties (ACDs) and regulatory duties (RDs) on selected HS Codes of the textile sector,
September 23, 2020: European stock markets rallied at the open Wednesday, building on the previous session's modest gains following heavy losses at the start of the week. London's benchmark FTSE 100 gained 0.9
September 23, 2020 (MLN): Pakistan’s trade deficit in services stood at $102 million during the month of August 2020, signifying a decline of 72%, as compared to the previous month and 80% as compared to
September 23, 2020 (MLN): The Current Account Balance during the month of August 2020 showed a surplus of USD 297 million, i.e. around 42% lower than the surplus recorded in the previous month.
September 23, 2020 (MLN): The Government of Pakistan has decided to set up Medium Term Note (MTN) programs to float both Eurobonds and International Sukuk, for a period of one year initially in
September 23, 2020: The federal cabinet has decided to reduce the price of Remdesivir, which is used for the treatment of COVID-19. Briefing media in Islamabad on Tuesday about decisions taken by the federal
September 23, 2020: The transition from Libor benchmarks to risk-free rates (RFR) is unlikely to trigger near-term rating changes among banks in APAC, Fitch Ratings says. However, it may over time alter competitive
September 23, 2020: Prime Minister Imran Khan has directed to ensure the availability of sufficient stock of wheat and sugar at affordable prices in line with the requirements of the commodity in the
September 23, 2020: Asian investors struggled to match their Wall Street counterparts Wednesday, with markets drifting as spiking infection rates, new containment measures and still no US stimulus fuel concerns about economic recovery.
September 22, 2020: After three straight losing sessions, Wall Street stocks were essentially flat early Tuesday ahead of congressional testimony from top US economic policymakers. US Federal Reserve Chief Jerome Powell and Treasury
September 22, 2020 (MLN): State Bank of Pakistan (SBP), in its recent meeting on Monday, kept the policy rate unchanged at 7 percent. The decision was largely on expected lines. The Monetary policy committee
September 22, 2020: Dun & Bradstreet Pakistan and Gallup Pakistan have launched their inaugural report titled ‘Pakistan Consumer Confidence Index (CCI)’. The CCI report has been developed by assessing Consumers’ Confidence about the
September 22, 2020: Pakistan on Tuesday launched the phase-III trial for a Covid19 vaccine in the country, Minister for Planning, Development and Special Initiatives Asad Umar said. In a tweet, he said that
November 6, 2019 (MLN): The month of October proved to be nothing less than a turning point for Pakistan, as the country saw a number of positive improvements within its economic milieu. Whether its the
Nov 06, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.52% during the week ended Oct 31, 2019 while the SPI increased by 18.44% compared to the corresponding period
November 06, 2019: Ambassador of Qatar to Pakistan, Saqr Bin Mubarak said Wednesday that the Qatri investors were keen to invest in hotel and real-estate industry of Pakistan. The Ambassador was talking to Prime Minister’s Advisor
November 06, 2019: Out of the total of Rs154966.835 million allocated for National Highway Authority (NHA) road infrastructure projects under Public Sector Development Programme (PSDP) in the current fiscal year, the government has released Rs
November 6, 2019 (MLN): The Government of Pakistan has reduced the profit rates on various saving schemes. According to a directive issued by the Central Directorate of National Savings (CDNS), profit rate on Defense Saving
Nov 05, 2019: The Ministry of Power Division on Tuesday clarified a news item appeared in a section of press about Rs. 2 per unit raise in the electricity consumer tariff. Clarifying the news item,
November 5, 2019: The Securities and Exchange Commission of Pakistan (SECP) has launched an exclusive Startup portal to encourage technology innovation in Pakistan. SECP Commissioner for Information System and Technology Department, Shauzeb Ali inaugurated the
November 5, 2019 (MLN): Federal Minister for Economic Affairs Hammad Azhar on Tuesday said that the Government of Pakistan with the help of Prime Minister of Turkey has amicably resolved the issue of Karkey Power
November 5, 2019: A meeting of the Federal Cabinet was held today under the Chairmanship of Prime Minister Imran Khan, to discuss the economic situation of the country. During the meeting, the Cabinet expressed satisfaction
November 05, 2019: The 2018 World Air Quality Report presents PM2.5 air quality data presenting the city ranking shows Asian locations dominating the highest 100 average PM2.5 levels during 2018. Pakistan had been placed at
November 5, 2019 (MLN): Pakistan has acquired around $1418.83 million as foreign economic assistance in the first 3 months of FY2020 from multiple bilateral and multilateral sources. Going by the details provided by Economic Affairs
November 05, 2019: The Organization of the Petroleum Exporting Countries (OPEC) daily basket price increased to 62 U.S. dollars a barrel on Monday, compared with 60.19 dollars the previous Friday, according to OPEC Secretariat calculations.
November 5, 2019: Forbes, a global media company focusing on business, investing and entrepreneurship lists Pakistan as the best place for social entrepreneurs to make a living. According to US News, one of three countries
November 5, 2019 (MLN): The government has asked the Ministry of Commerce to formulate a long term policy regarding anti-smuggling and import substitution. As per sources, the objective of these policies will be to mitigate
November 5, 2019 (MLN): The Federal Board of Revenue (FBR) has approved in principle the proposal of a digital nation-wide survey of immovable property. The nationwide survey shall be undertaken to assess wealth in the
© 2024 Mettis Link News All rights reserved
