June 29, 2020: Oil and Gas Regulatory Authority (OGRA) on Monday imposed fine amounting to Rs15 million on three more Oil Marketing Companies (OMCs) for not maintaining the required fuel stocks as per
June 29, 2020: Stock markets on both sides of the Atlantic rebounded on Monday from last week's losses as optimism over easing lockdowns won out over fear of surging coronavirus infections. Most of
June 29, 2020: The National Assembly today (Monday) passed the Finance Bill 2020, giving legal effect to the budgetary proposals for next fiscal year. It was moved by Minister for Industries and Production
June 29, 2020: The Ministry of Finance has refuted news reports appearing in a section of the press claiming that the first audit report of the present government reveals irregularities and corruption amounting
June 29, 2020 (MLN): The non-government sector has retired a net sum of Rs.23.1 billion during the week ended June 19, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020
June 29, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.206.68 billion during the week ended June 19, 2020, which brings its total net borrowing for ongoing fiscal year
June 29, 2020 (MLN): Pakistan has received $7.451 billion foreign assistance during Jul-May FY20 from bilateral and multilateral development partners, foreign commercial borrowing, and commodity financing from Islamic Development Bank and Saudi Arabia
June 29, 2020: Technological modernization can increase cotton yield in the country. This was said by Federal Minister for National Food Security and Research, Syed Fakhar Imam on Saturday while meeting A two-member
Jun 29, 2020: Asian equity markets fell Monday after a surge in coronavirus infections in several countries, including the US, prompted officials to reimpose containment measures that have fanned worries about the economic
June 28, 2020 (MLN): Pakistan witnessed net inflow of $31.42 million by foreign investors via Special Convertible Rupee Account (SCRA) on June 25, 2020. The total inflows in Treasury bills (T-Bills) during the
June 28, 2020: Advisor to the Prime Minister on Commerce, Abdul Razak Dawood has said that Pakistan is rapidly diversifying its exports into high quality and globally competitive engineering products. He was chairing
Jun 28, 2020: Oil and Gas Regulatory Authority (OGRA) has issued around 63 licences of different nature for promotion of Liquefied Petroleum Gas (LPG) industry in the country during first nine months of
June 28, 2020 (MLN): The highlight of the departed week was the unexpected cut in the interest rate by SBP at its meeting on 25th June 2020, where it decided to reduce policy
June 28, 2020 (MLN): The country's financial picture is brought to light with the release of economic and financial data during the week. The government revised and increased the prices of various petroleum
Market Data and Economic Indicators Weekly Performance Jun 26, 2020 Jun 19, 2020 PKR InterBank 167.668 166.638 KSE100 Index 33,939.49 33,438.94 Avg Daily Volume 176,853,137 228,736,914 Gold (Karachi) Rs/10 gm 88,134 86,334
Market Data and Economic Indicators Weekly Performance Jul 05, 2019 Jun 28, 2019 PKR InterBank 156.9266 160.0521 KSE100 Index 34,190.02 33,901.58 Avg Daily Volume 86,548,448 146,445,044 Gold (Karachi) Rs/10 gm 66,960 67,378 KIBOR 6M
July 7, 2019: Prime Minister's Advisor for Commerce, Textile, Industry and Production, Abdul Razak Dawood has said tariff structure is being rationalized and streamlined to ensure country's industrial production. During a meeting with industrialists from
July 7, 2019: The Chairman of the Federal Board of Revenue, Shabbar Zaidi has said the government is taking necessary steps to promote industrial and commercial activities in the country. Talking to newsmen in Lahore
July 7, 2019: Minister of State for Revene Hammad Azhar says the government will take along the business community and all other stakeholders while introducing any procedural changes in tax rate mechanism. This he said
July 05, 2019 (MLN): Pakistan's non-government sector has borrowed another net sum of Rs.79.32 billion during the week ended June 28, 2019, which brings the cumulative net borrowing for ongoing year to Rs.1014.85 billion. According
July 05, 2019 (MLN): The government of Pakistan has accumulated an additional net debt of Rs.709.31 billion during the week ended June 28, 2019, which brings its total net borrowing for ongoing fiscal year (FY19)
July 5, 2019 (MLN): Chairman FBR Syed Muhammad Shabbar Zaidi in his letter to Chairman SECP has requested to ensure correct and transparent submission of financial statements by the companies. In his letter the Chairman
July 5, 2019 (MLN): Now that Pakistan has finally inked a $6 billion bailout package deal with International Monetary Fund, it would be fascinating to see what repercussions this highly anticipated deal will have for
July 5, 2019 (MLN): The speed at which the current government has borrowed since it assumed power, has caused serious alarm in various circles as the rapid increase in external debt over the last decade
July 5, 2019: Central Directorate of National Savings (CDNS) has achieved a net target of Rs 410 billion by June 30, as compared to last year’s collection of Rs 155 billion. The total savings held
July 5, 2019 (MLN): The Securities and Exchange Commission of Pakistan (SECP) with the approval of Federal Government has released a rule book for search and seizure of properties which shall come into force at
July 5, 2019 (MLN): National Saving Scheme has recorded another appreciation in rates of return for various saving certificates. The Rate of profit on Pension and Behbood has been revised upwards by 48 basis points
July 5, 2019: Oman Trading International Ltd. has expressed desire to expand its footprint in Pakistan's market. An OTI delegation led by Oman Ambassador Sheikh Mohammed Al Marhoon and Mr. Said Al Maawali, expressed the
July 5, 2019: The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to
July 4, 2019 (MLN): Federal Board of Revenue (FBR) has collected a sum of Rs 684 billion as Customs duty in FY19, showing an increase of 13 percent compared to the collection of Rs 606
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