August 31, 2020: Warren Buffett's Berkshire Hathaway has acquired five percent stakes in five leading Japanese trading companies, it said in a statement on Monday. The stakes are valued at more than $6
August 30, 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
August 30, 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
Market Data and Economic Indicators Weekly Performance Aug 28, 2020 Aug 21, 2020 PKR InterBank 166.50 168.2887 KSE100 Index 41,056.22 39,621.59 Avg Daily Volume 439,577,456 440,737,175 Gold (Karachi) Rs/10 gm 104,603 101,166
August 29, 2020: The Finance Ministry says Pakistan's public debt is sustainable and capacity to repay remains adequate. In a statement, the Ministry said the prudent economic policies have resulted in posting the
August 29, 2020 (MLN): Central Directorate of National Savings (CDNS) has increased the profit rates on selected saving schemes ranging from 5 to 90 basis points. According to its website, the profit rate
August 28, 2020: The two mega water reservoirs of Mangla and Tarbela have been filled to their maximum levels last night, resulting in the record availability of water in the two dams, which
August 28, 2020: US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed
August 28, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.14% during the week ended Aug 27, 2020 while the SPI increased by 8.39% compared to the
August 28, 2020 (MLN): Following a small contraction in FY20, Pakistan economy could grow by 1.8% in FY21 driven by some recovery in private consumption, Institute of International Finance in its latest report
Aug 28, 2020: Expectations US interest rates will stay ultra low for as long as needed helped lift Asian equities on Friday, though Tokyo tumbled on reports Japan's prime minister was set to
August 28, 2020: Adviser on Finance and Revenue Abdul Hafeez Shaikh has directed that the issue of Roosevelt Hotel should be handled in a fair and most transparent manner and in the best
August 28, 2020: Government has made changes in fuel prices policy to facilitate the consumers, said Special Assistant to the Prime Minister on Petroleum, Nadeem Babar. Talking to a private news channel, he
August 28, 2020: Prime Minister Imran Khan said the development of the construction sector is the key to the stability and growth of the country's economy. Chairing the weekly meeting of National Coordination
August 27, 2020: The country’s fiscal accounts came under significant pressure during the fourth quarter (Q4) of the financial year 2020 due to COVID-19 related expenditures, according to Monthly Economic Update and Outlook.
October 4, 2019 (MLN): The government on Thursday, projected Pakistan’s debt figures for the next five years as per which Pakistan’s total debt is expected to rise by 47% to Rs 45.57 trillion from Rs
October 4, 2019 (MLN): The total industry volumes for Oil Marketing Companies (OMCs) for the month of September, 2019 witnessed a decline of 15% YoY, bringing industry volumes for 1QFY20 to 4.31 million ton i.e.
October 04, 2019: Minister for Economic Affairs Hammad Azhar says all possible measures are being taken to address the genuine issues of the business fraternity. Talking to a private news channel, he said gas and
Oct 04, 2019: National Accountability Bureau (NAB) Chairman Justice (R) Javed Iqbal on Thursday said that cases of business community pertaining income and sales tax would be referred to the Federal Board of Revenue (FBR)
October 03, 2019: China's economy has undergone a “profound transformation” over the past seven decades, said Italy China Foundation (CeSIF), a think tank, in an analysis released Thursday. The report, a snapshot of the Asian
Oct 03, 2019: The Indus River System Authority (IRSA) Thursday released 184,300 cusecs water from various rim stations with inflow of 146,600 cusecs. According to the data released by IRSA, water level in the Indus
October 3, 2019: With winter approaching fast, the Oil and Gas Regulatory Authority (OGRA) has advised all Liquefied Petroleum Gas (LPG) marketing companies and distributors to ensure smooth provision of the commodity at the notified
October 03, 2019: Prime Minister Imran Khan says the present government is fully committed to provide all possible facilities to the business community. Talking to a delegation of representatives belonging to various Chambers of Commerce
Oct 03, 2019: Federal Minister for Science and Technology Chaudhry Fawad Hussain Thursday has invited the Chinese IT companies to open their digital gateways in Pakistan for the promotion of digital culture among the youth
October 03, 2019: The exports of surgical goods and medical instruments during first two months of current financial year increased by 24.52% as compared the exports of the corresponding period of last year. During the
October 3, 2019: The contribution of hydel power by the Pakistan Water and Power Development Authority (WAPDA) to the National Grid during first quarter of fiscal year 2019-20 surged to a historic level, as it
October 03, 2019: Executive Committee of the National Economic Council has approved separate projects, including construction of 21-km long dedicated Yellow Bus Rapid Transit-BRT Corridor linking Landhi to Numaish, 47.55km Peshawar-Torkham Motorway Project and interlinking
October 3, 2019: President Dr Arif Alvi has said that Pakistan is facing the economic challenges and only investment in the country can overcome these crises. Addressing a ceremony organized by Overseas Investors Chamber of
October 02, 2019 (MLN): Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance & Revenue also chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet and approved a proposal submitted
Oct 02, 2019: Attorney General of Pakistan (AGP) Anwar Mansoor Khan Wednesday said Pakistan would take up the Reko Diq case soon and file review appeal in this regard. Talking to a private news channel,
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