June 23, 2020: Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of 2020 in a coronavirus driven plunge which could have been much worse, the World Trade
June 23, 2020: The World Health Organization (WHO), a UN specialized agency, has called on governments around the globe to tighten anti-coronavirus measures again, warning that the diseases are still deadly and have
June 23, 2020: Stocks mostly rose Tuesday as investors continue to see the positives in the reopening of economies around the world, which is offsetting worries about a second wave of infections. But
June 22, 2020 (MLN): The non-government sector has retired a net sum of Rs.38.16 billion during the week ended June 12, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020
June 22, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.73.08 billion during the week ended June 12, 2020, which brings its total net borrowing for ongoing fiscal year
June 22, 2020 (MLN): Pakistan's outstanding debts as of May 31, 2020 stand at Rs.22.71 trillion whereas total debt at the end of prior month was Rs.21.89 trillion, meaning that around Rs.820.97 billion
June 22, 2020 (MLN): The Banking sector spread for May 2020 scaled up by 47 basis points (bps) over the month which brings its latest value to 5.65% as compared to prior month's
Jun 22, 2020: The business community at Islamabad Chamber of Commerce and Industry (ICCI) on Monday urged the government to take urgent remedial measures to stabilize value of rupee as its continuous depreciation
Jun 22, 2020: The Economic Coordination Committee (ECC) of the Cabinet on Monday gave go ahead to the private sector to import wheat to control prices of wheat and flour in the market
June 22, 2020 (MLN): MSCI is slated to announce the results of the MSCI 2020 Annual Market Classification Review on June 24, 2020, as per Pakistan Standard Time. Rather than focusing on any
June 22, 2020 (MLN): Moody's Investors Service says in a new report that the coronavirus-induced economic slowdown will raise advanced economies' debt burdens sharply as nominal GDP growth slumps and deficits widen markedly.
June 22, 2020: European stock markets slid at the start of trading on Monday, as second-wave coronavirus fears overshadow easing lockdowns. London's benchmark FTSE 100 index shed 1.0 percent to 6,231.58 points.
June 22, 2020: Pakistan has allowed transit trade and import from Afghanistan from Chaman and Torkham border terminals besides opening of Ghulam Khan terminal for bilateral trade from Monday. According to the Foreign
June 22, 2020: Prime Minister Imran Khan has appreciated the pace of work on the Suki Kinari hydropower project which is being completed at river Kunhar in Khyber Pakhtunkhwa province. In a Facebook
June 22, 2020: Asian markets fluctuated Monday as investors kept a nervous eye on a spike in virus infections around the world, while Europe pressed ahead with the easing of lockdown measures.
July 2, 2019: Pakistan will start receiving oil supplies from Saudi Arabia on deferred payments this month. According to a press release issued by Saudi embassy in Islamabad on Monday, Pakistan will start receiving monthly
July 2, 2019: A meeting of the Federal Cabinet is scheduled to take place in Islamabad today with Prime Minister Imran Khan in the chair. The meeting will discuss overall political and economic situation of
July 2, 2019 (MLN): The sun has set on a rather difficult year for Pakistan and as we step into fiscal year 2019-20 (FY20), a look back at last year’s ordeals is in order to
July 1: OPEC and its oil-producing allies shifted Monday towards extending their daily output caps, sending oil prices racing higher before the outcome of the cartel's official gathering. Ministers from the 14-nation Organization of the
July 01, 2019 (MLN): Prime Minister Imran Khan said Pakistan might have defaulted on its international obligations had friendly countries like Saudi Arabia, UAE, China, and Qatar not come forward to help us. Prime Minister
Jul 1: The Federal Board of Revenue (FBR) on Monday explained that the last date of filing declaration under the Assets Declaration Scheme had been extended through a presidential ordinance up to July 3 because
July 1, 2019 (MLN): The Federal Board of Revenue (FBR) has made new amendments regarding sale and purchase of immovable properties in the Finance Bill, 2019, which was passed in the National Assembly of Pakistan
July 1, 2019 (MLN): Petroleum Division has increased gas prices by 31% for industrial and average 68% for domestic consumers with effect from July 1, 2019. Not surprisingly, this move has created an unrest among
July 1, 2019: Prime Minister Imran Khan has expressed the government's commitment to provide all out facilities to local and foreign investors participating in Naya Pakistan Housing Program. He was chairing a meeting on Naya
July 1, 2019: The federal government has decided to keep the prices of petroleum products unchanged for the month of July. In a notification issued in this regard said the decision has been taken to
July 1, 2019: Prime Minister's Advisor on Finance Dr Abdul Hafeez Shaikh says handling current account deficit, strict austerity measures, helping downtrodden, facilitating industry, and mobilizing revenues are the five fundamentals of next year's budget.
June 30: The government has released around Rs 338.215 million funds for four ongoing projects of the Petroleum Division under the Public Sector Development Programme (PSDP 2018-19) till June 21 against the total allocation of
Market Data and Economic Indicators Weekly Performance Jun 28, 2019 Jun 21, 2019 PKR InterBank 160.0521 156.8316 KSE100 Index 33,901.58 35,125.25 Avg Daily Volume 146,445,044 124,789,392 Gold (Karachi) Rs/10 gm 67,378 66,958 KIBOR 6M
June 30, 2019: The local equity market bid farewell to fiscal year 2018-19 on a positive note, as benchmark KSE 100 index broke a four-day-long losing streak to end Friday’s session 127 points higher than
June 30, 2019: Government's Asset Declaration Scheme 2019 will end today. FBR Chairman Shabbar Zaidi says that no extension will be given in the scheme after today's dead line. Meanwhile, Federal Board of Revenue has issued
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