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
August 11, 2020 (MLN): Pakistan’s ‘Look Africa Policy’ continues to show some results as exports in a number of African countries posted reasonable growth, announced by Abdul Razak Dawood on his social media
August 11, 2020 (MLN): Pakistan-China border via Khunjerab Pass in Hunza has closed for traffic from last night. The border was opened for thirteen days to evacuate containers loaded with Chinese goods
August 11, 2020: Prime Minister Imran Khan held a telephonic conversation with His Excellency Ibrahim Mohamed Solih, President of Maldives, yesterday. The two leaders exchanged views in detail on the challenges posed by
August 11, 2020: The United Arab Emirates has expressed the interest to invest in development projects in Pakistan. The interest was shown by a UAE delegation headed by the Managing Director of a
August 10, 2020: Emirates has announced it will increase its passenger services to/from Pakistan starting 10 August, offering customers enhanced connectivity to over 70 destinations within its current network, via Dubai. The airline
August 10, 2020 (MLN): The Second month of the ongoing fiscal year (FY21) has so far witnessed net inflow of $4.453 million in short-term government securities particularly T-bills. According to the data released
September 06, 2019 (MLN): The government of Pakistan has acquired a net debt of Rs.126.49 billion during the week ended August 30, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to
Sep 06, 2019: The government will spend Rs581.812 million on four ongoing and two new petroleum sector projects under the Public Sector Development Programme (PSDP 2019-20) to achieve self-sufficiency in the energy sector. According to
Sep 06, 2019: As early-harvest phase of China-Pakistan-Economic Corridor (CPEC) successfully approached its logical conclusion, both Pakistan and China are now stepping up preparations for a new stage of higher-quality development, Pakistan's Ambassador to China
September 6, 2019: FBR Chairman Shabbar Zaidi informed the meeting Prime Minister Imran Khan has said reforms in FBR and elimination of corruption in state institutions is top priority of the government. Prime Minister said
September 6, 2019: Prime Minister's Adviser on Finance Dr. Abdul Hafeez Shaikh says the government has approved projects worth 250 billion rupees for the uplift of agriculture sector to enhance crop productivity and better farming.
Sep 05, 2019: Federal Board of Revenue (FBR) has directed all the Chief Commissioners Inland Revenue to ensure that before granting extension in the date of filing of Income Tax Returns for the Tax Year
Sep 05, 2019: Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday said the government has overcome immediate challenges faced by the economy by taking right decisions and focus has now
September 5, 2019: The State Bank of Pakistan (SBP) has issued today its flagship annual publication viz., Financial Stability Review (FSR) for the calendar year 2018. The Review presents performance and risk assessment of various
September 5, 2019 (MLN): Profits and dividends repatriated by multinational companies operating in Pakistan during the month of July 2019 rose to $138.2 million from $136.7 million in the same period last year. This marginal
Sep 05, 2019: The Petroleum Division of Energy Ministry is pursuing an effective strategy to promote the Liquefied Natural Gas (LNG) sector, considering it the only available instant-option to meet the country’s ever-growing energy needs.
Sep 05, 2019: In order to expedite work on development projects and avoid unnecessary delays in the process of approval, the government has improved the project financing mechanism to ensure fast-track development all across the
September 5, 2019 (MLN): Jazz and Telenor have made 50% payment, amounting to Rs 35.2 billion and $224.6 million respectively, for the renewal of their cellular licenses. On the recommendations of Ministry of IT and
September 05, 2019 (MLN): Prime Minister Imran Khan has directed to prepare a timeline based strategy to further ease the process for investors and investment in the energy sector. He was chairing a briefing on
September 5, 2019: Prime Minister Imran Khan has said that government will provide all possible facilities and incentives to investors for promotion of construction industry and economic activities in the country. Chairing a high level
Sep 04, 2019: National Assembly, Standing Committee on Finance, Revenue and Economic Affairs on Wednesday informed that Federal Board of Revenue has set Rs 1070 billion target for first quarter of current Fiscal Year, 2019-20.
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