June 21, 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
June 21, 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
Market Data and Economic Indicators Weekly Performance Jun 19, 2020 Jun 12, 2020 PKR InterBank 166.6380 164.2461 KSE100 Index 33,438.94 34,611.23 Avg Daily Volume 228,736,914 225,565,479 Gold (Karachi) Rs/10 gm 86,334 84,191
June 21, 2020: The Finance Bill for the FY 2020-21 has incorporated Rs. 100 Billion Privatization proceeds as part of the ‘Non-Tax Revenue Receipts’ for the FY 2020-21. The Privatization Commission is fully
June 20, 2020: The Petroleum Division on Saturday vehemently rejected a news item appearing in a section of print media regarding the case between Pakistan LNG Terminal Limited (PLTL) and Pakistan Gas Port
June 20, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held here on Saturday under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives (PDSI) Asad Umar. The
June 20, 2020: Global stocks were mixed Friday as markets weighed hopes that business activity would get back to normal against worrisome coronavirus trends in several parts of the United States, while the
June 19, 2020 (MLN): Despite Covid-19 pandemic, multinational firms have continued to poured investment into ongoing projects in different sectors of Pakistan such as Power, Communication, Oil &Gas and Financial Businesses etc. According
June 19, 2020 (MLN): The Asian Development Bank (ADB) and the Government of Pakistan today signed 3 loan agreements, for $235 million, $500 million, and $75 million, respectively. The first loan agreement pertains
June 19, 2020 (MLN): Pakistan witnessed a total foreign investment of $9.4 million in the month of May’20 after observing disinvestment for the past two months consecutively. This increase in foreign investment is
June 19, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.02% during the week ended Jun 18, 2020 while the SPI increased by 9.89% compared to the
June 19, 2020: Pakistan Post has received foreign remittance amounting to $30.860 million, equivalent to Rs 4,832.505 million during July-December Fiscal Year 2020. A senior official told APP on Friday that Pakistan Post
June 19, 2020: The cabinet committee on energy approved on Friday the proposals relating to supply of additional power to Karachi Electric (KE) from the national grid and directed that the technical details
June 19, 2020 (MLN): Pakistan welcomed Foreign Direct Investments of $9.4 million during the month of May, 2020, after witnessing divestments for the past two months consecutively. According to the monthly data compiled by
June 19, 2020: The National Price Monitoring Committee (NPMC) meeting was held under the Chairmanship of Finance Secretary to discuss the price trend of essential food items. The meeting was attended by the
Jun 29: Minister for Power Division Omar Ayub Saturday said there would be no increase in tariff for the domestic electricity consumers, using upto 300 units per month. “This segment accounts for 75 per cent
June 29, 2019 (MLN): Pak Suzuki became the latest auto assembler to raise prices, following the lead of Indus motors and Honda cars. Earlier, Indus Motors had raised the prices of different variants of their
Jun 28: National Assembly Friday passed the federal budget approving the finance bill 2019-20 to give effect to the financial proposals of the government. The total outlay of the budget was Rs7.022 trillion, focusing on
June 28: The SECP has organized three awareness sessions for the securities and commodities brokers, insurance/takaful companies and non-banking finance companies in Karachi. The sessions gave awareness about terrorist financing framework and how it differed
Jun 28, 2019: Food group import into the country during 11 months of current financial year reduced by 8.47% a compared the corresponding period of last year. During the period from July-May, 2018-19, food imports
Jun 28, 2019: The federal government has so far released Rs629.141 billion for various ongoing and new social sector uplift projects under its Public Sector Development Program (PSDP) 2018-19 as against the total allocation of
June 28, 2019 (MLN): The Minister-in-charge for finance, revenue and economic affairs, Mr. Hafeez Shaikh is expected to put forth a proposal to bring under consideration and make certain amendments in the Finance Bill, 2019.
June 28, 2019: Prime Minister Imran Khan has directed to launch a special campaign to control price hike in the country. In a letter, the Prime Minister Office says the step has been taken in
Jun 27: Prime Minister Imran Khan Thursday said that within next 48 hours, the government would come up with a program to accommodate the procrastinators who had emerged in a huge number at the last
June 27: The Chairman, Securities Exchange Commission of Pakistan (SECP), Farrukh Sabzwari, has reaffirmed his commitment to the continued development of insurance industry in Pakistan. He was addressing a conference held in Karachi on Thursday.
Jun 27, 2019: Central Directorate of National Savings (CDNS) has achieved a net target of Rs 405 billion by June 10, of the fiscal year 2018-19 as compared to last year’s collection of Rs 155
June 27, 2019 (MLN): The International Monetary Fund (IMF) Board is scheduled to meet on Wednesday, i.e. July 3, 2019, to consider three year extended fund facility of $6 billion for Pakistan. Adviser to Prime
June 27, 2019 (MLN): Fitch Solutions has revised down Pakistan’s economic growth forecast for fiscal years 2019-2020 to 2.7% from a previously quoted estimate of 4%. Fitch Solutions, an arm of Fitch Rating Agency expects
Jun 26, 2019: As the water flows increase with rising temperature in the catchment area, Golen Gol Hydropower Project today attained its maximum generation capacity of 108 MW. Golen Gol Hydropower Project went into operation
June 26, 2019 (MLN): Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet, to review the demands of
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