August 12, 2020: Britain's economy contracted by a record 20.4 percent in the second quarter with the country in lockdown over the coronavirus pandemic, official data showed Wednesday. “It is clear that the
August 12, 2020: Dun & Bradstreet (D&B) has shared the third edition of the Pakistan Business Optimism Index (BOI), wherein it conducted its BOI survey for Q2, 2020 from 1st June to 30th
August 12, 2020 (MLN): The State Bank of Pakistan (SBP) will remain closed on Friday, August 14, 2020 on the occasion of ‘Independence Day’ as declared by the Government of Pakistan. Copyright Mettis
Aug 12, 2020: Britain will on Wednesday officially enter recession, with figures set to show an economic collapse of around 20 percent of GDP in the second quarter — the worst contraction in
August 12, 2020: The National Assembly was informed on Tuesday that fifty billion rupees have been set aside to provide subsidy to the farmers on different agriculture-related inputs. Responding to a Calling Attention
Aug 12, 2020: Worries that US lawmakers might not agree to a fresh stimulus deal any time soon sent most Asian markets lower Wednesday, with Wellington taking a hit after New Zealand recorded
August 12, 2020 (MLN): The Supreme Court will announce its reserved judgment on Gas Infrastructure Development Cess (GIDC) tomorrow i.e. August 13 The SC bench, led by Justice Mushir Alam, and comprising Justice
August 11, 2020: Stock markets surged Tuesday on optimism that lawmakers in Washington will hammer out a new stimulus package for the crippled American economy. European equities got an extra shot in the
August 11, 2020: Although none of the coronavirus vaccines under development has proved its efficacy yet in clinical trials, at least 5.7 billion doses have been pre-ordered around the world. First shipments of
August 11, 2020 (MLN): The Federal Board of Revenue (FBR) has intensified action against irregularity, corruption and inefficiency and suspended ten more officers. The suspended Customs officers included seven Inspectors, two Superintendents and
Aug 11, 2020: The Security and Exchange Commission of Pakistan (SECP) has revamped numerous regulatory regimes by reducing obstacles in many of its regulated sectors for ensuring Ease of Doing Business (EODB). Under
August 11, 2020: On 10th August 2020, Center for Global & Strategic Studies organized a webinar on “Problems Faced by the Cotton Industry in Pakistan” to discuss the various issues faced by the
August 11, 2020: Pakistan has registered record enhancement in the export of fruits & vegetables despite coronavirus global pandemic. The Financial year 2019-20 has witnessed an overall increase in export of fruits &
August 11, 2020 (MLN): Economic Coordination Committee (ECC) will discuss the financial challenges of Roosevelt Hotel, Manhattan, New York, owned by Pakistan International Airlines Investment Limited (PIAIL). The summary has been moved by
August 11, 2020: Pakistan’s goods and services trade with Italy witnessed surplus of 3.13 percent during fiscal year (2019-20) as compared to the corresponding period of last year. According to State Bank of
Sep 11, 2019: The federal government has so far released Rs 69.8 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as against the total allocation
Sep 11, 2019: Following the introduction of ease-of-doing-business strategy by the government, as many as five private sector companies are planning to set up Liquefied Natural Gas (LNG) terminals, having capacity to re-gasify 500-700 Million
September 11, 2019 (MLN): Ministry of Finance has issued a notification today as per which the rates of profit on National Saving Schemes shall remain unchanged from September 1, 2019. The rate of return on
Sep 09, 2019: Federal Minister for Power Umar Ayub Khan on Monday said that Pakistan would challenge the heavy fines imposed by International Centre for Settlement of Investment Disputes (ICSID) in Reko Diq and Karke
September 9,2019: A four-day meeting of the Asia Pacific Joint Group of the Financial Action Task Force (FATF) will begin on Monday in Bangkok. The meeting will review compliance report of Pakistan, Cambodia and Mangolia.
September 9, 2019: State Councilor and Foreign Minister of the People’s Republic of China, Mr. Wang Yi called on Prime Minister Imran Khan yesterday. Recalling the depth and breadth of Pakistan-China ties, Prime Minister underscored
September 9, 2019: The Finance Ministry has dispelled the impression created in a section of the media which claimed that the government will face a gap of up to one trillion rupees in the current
September 8, 2019 (MLN): The outgoing week was host to a number of economic data releases that sketch a clear picture of the country’s economical and financial standing at present. Listed below are all the
September 8, 2019 (MLN): The departed week witnessed several important developments that have a direct impact on the economic operations of Pakistan. What caught the market’s attention was the government’s decision to scrap the Gas
Market Data and Economic Indicators Weekly Performance Sep 06, 2019 Aug 30, 2019 PKR InterBank 156.3241 156.8577 KSE100 Index 30,467.20 29,672.12 Avg Daily Volume 93,023,094 123,883,682 Gold (Karachi) Rs/10 gm 76,303 76,732 KIBOR 6M
Sep 07, 2019: United States Central Command (CentCom) Commander General Kenneth F. McKenzie Jr. accompanied by the US Ambassador to Pakistan Paul Jones and others Saturday visited Tarbela Dam Project. During the visit, he had
Sep 06, 2019: National Electric Power Regulatory Authority (NEPRA) investigation committee has held responsible K-Electric for 19 out of 35 electrocution cases besides breakdown of power supply for longer duration. The NEPRA Authority issued show
Sep 06, 2019: Federal Board of Revenue (FBR) has changed the rules to facilitate Small and Medium Enterprises (SMEs) to enhance exports through Notification No. 1002(I)/2019 dated 06.09.2019 which has introduced amendments in original Notification
Sep 06, 2019: The federal government on Friday approached the Supreme Court of Pakistan for urgent hearing over the Gas Infrastructure Development Cess (GIDC) so the matter should be decided according to the law and
Sep 06, 2019: The Finance Ministry Friday categorically refuted the claims made in certain media reports that the International Monetary Fund (IMF) was sending an SOS mission to Pakistan owing to the fiscal outcomes of
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