September 04, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.80% during the week ended Sep 03, 2020 while the SPI increased by 9.47% compared to the
September 4, 2020: Cement despatches in August 2020 have increased by 5.04 percent from 3.351 million tons in August 2019 to 3.520 million tons. However, it was much less than the despatches of
September 04, 2020 (MLN): Pakistan's trade deficit for 2 months (July-August) FY21 was USD 3.38 billion compared to a deficit of USD 3.69 billion from the corresponding period from FY20. According to data
Sep 04, 2020: Pakistan has big opportunity to grab the the Chinese investment in renewable energy sector after the Chinese decision of expanding investment in the sector. “China as a global leader in
September 4, 2020: Pakistan’s new long-term power capacity plan fails to live up to the government’s stated principles of sustainability and affordability, reveals a study launched here on Thursday. Power demand growth forecasts
September 4, 2020: Minister for Energy Omar Ayub says the government has taken effective steps to bring improvement in the energy sector. Addressing a ceremony in Lahore, he said revolutionary changes will be
September 4, 2020: Chinese Ambassador Yao Jing says the visit of President Xi Jinping to Pakistan has been rescheduled due to coronavirus pandemic. Talking to media in Rawalpindi, he said both governments are
Sep 04, 2020: Big oil producers are pinning their future growth on the world's insatiable appetite for plastic, researchers said Friday, in a “bet” on society's failure to tackle disposable consumption that risks
September 03, 2020: The Petroleum Division (PD) on Thursday rejected negative views expressed at a virtual moot organized by a Think Tank, Islamabad Policy Institute (IPI), the other day against its decision to
September 3, 2020 (MLN): The supply of oil was restored after operations resumed at the keamari terminal following a fire which broke out earlier. According to a statement by PSO “A fire erupted
September 3, 2020 (MLN): Pakistan’s exports declined by 19.5 percent in August 2020 due to supply chain affected owing to unprecedented monsoon rains. According to Abdul Razzak Dawood posts on twitter “Positive sign
September 3, 2020: Prime Minister Imran Khan has emphasized on introducing modern technology and innovation in agriculture and other sectors. Talking to successful entrepreneurs from various fields in Islamabad, Imran Khan said it
September 3, 2020: Minister for Planning and Development Asad Umar says the government has achieved microeconomic stability and is now focussed on growth. Talking to Japanese Ambassador Matsuda Kuninori in Islamabad on Wednesday,
September 3, 2020: Prime Minister Imran Khan says the first priority of the government is to make the subsidy system organized and efficient so that assistance provided from public exchequer not only reaches
September 03, 2020: Equities rallied in Asia on Thursday following another blow-out session on Wall Street as investors bet that the global economy is on the right track, fuelled by new vaccine hopes
October 11, 2019 (MLN): A delegation of National Security Workshop, under the aegis of National Defence University (NDU) Islamabad headed by Major General Asif Ali, visited WAPDA House Friday. The delegation comprised of Senators, Members
Oct 11, 2019 (MLN): Pakistan's trade deficit for 3 months (July-September) FY20 was USD 5.73 billion compared to a deficit of USD 8.79 billion from the corresponding period from FY19. According to data released by
October 11, 2019: The exports of spices from the country witnessed an increase of 9.53 percent during the first two month of current financial year 2019-20, against the exports of the corresponding period of last
Oct 11, 2019: In another leap forward to harness tourism potential in the country, the federal government has finalized rules for execution of Rs one billion Tourism Endowment Fund. As part of its concerted efforts
October 11, 2019: The Senate Standing Committee on Finance, Revenue and Economic Affairs was informed that the government has received Rs7 billion additional tax in last six months after charged the customs duty on mobile
October 11, 2019 (MLN): Chairman of Federal Board of Revenue, Shabbar Zaidi on Friday said that a very productive meeting was held in Dubai on October 9 and 10 on the matter of exchange of
October 11, 2019: Prime Minister Imran Khan has directed his finance advisor, Abdul Haffez Sheikh to devise a plan of action about sales tax on steel and cement industries with the cooperation of FBR, Naya
October 11, 2019: The Alternative Energy Development Board in its 46th Meeting under the Chairmanship of Federal Minister for Power Mr. Omar Ayub K has approved the draft ARE Policy 2019 on the basis of
October 10, 2019: The Islamabad Chamber of Commerce and Industry (ICCI) here on Thursday urged the government for focusing on better development of handicraft industry to earn billions of dollars foreign exchange through increased exports
Oct 10, 2019: The government, under its Public Sector Development Program (PSDP) for the fiscal year 2019-20 has released an amount of Rs2,092 million for different agriculture sector development projects initiated under 'Prime Minister Agriculture
Oct 10, 2019: The Indus River System Authority (IRSA) on Thursday released 115,800 cusecs water from various rim stations with inflow of 88,300 cusecs. According to the data released by IRSA, the water level in
October 10, 2019: The business community, who seem to be unhappy with the issue of Sales Tax registration through Computerized National Identity Card (CNIC), should comply with the Federal Board of Revenue’s (FBR) decision in
October 10, 2019: The Pakistan Bureau of Statistics (PBS) has developed a software that would help automatic selection of samples for various surveys, hence reducing the human interference in this process by around 90 percent.
October 10, 2019 (MLN): The Governor of State Bank of Pakistan (SBP), Dr. Reza Baqir on Thursday said that the depreciation of local currency has helped in curtailing the Current Account Deficit (CAD) to almost
October 10, 2019: The All Pakistan Textile Mills Association (APTMA) Group Leader Gohar Ejaz has sought a five-year textile policy to double the textile exports to $26 billion and create three million new jobs in
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