May 11, 2020: Asian equity markets rallied Monday as traders looked past a staggering jump in US job losses to focus on governments easing their virus lockdown measures and data showing the rate
May 11, 2020: Oil prices were down in Asian trade Monday after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures. US benchmark West Texas
May 10, 2020 (MLN): The highlights of the important economic and business events witnessed during the last week are in order to provide the information regarding recent developments in Pakistan’s economic and public
May 10, 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 May 08, 2020 Apr 30, 2020 PKR InterBank 159.9660 160.1750 KSE100 Index 33,267.69 34,111.64 Avg Daily Volume 190,169,178 178,527,637 Gold (Karachi) Rs/10 gm 82,133 82,905
May 08, 2020: The State Bank of Pakistan (SBP) has opened up it subsidized Temporary Economic Relief Facility (TERF) for Balancing, Modernization and Replacement (BMR) and expansion of existing projects. This measure has
May 08, 2020: Federal Secretary Ministry of IT and Telecommunication Shoaib Ahmad Siddiqui Friday directed the management of Pakistan Software Export Board (PSEB) to ensure close coordination with the IT industry to minimize
May 08, 2020: Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood Friday said the recent amendment in the Secured Transaction Act-2016 would help in operationalizing e-registry of movable and
May 08, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.36% during the week ended May 07, 2020 while the SPI increased by 8.56% compared to the
May 8, 2020: The Asian Development Bank (ADB) has released the 13th annual performance report of its corporate results framework, the Development Effectiveness Review, a management tool that monitors performance and progress during
May 08, 2020: European stock markets climbed higher at the start of trading on Friday, in the wake of an upbeat outlook in Asia. The London Stock Exchange was closed for the
May 08, 2020 (MLN): The global crisis amid pandemic Covid-19 is likely to have an impact on low- and middle-income countries, including Pakistan. As more people are employed under vulnerable employment, and lesser
May 8, 2020 (MLN): The International Monetary Fund (IMF) has been approached by over 100 countries for financial assistance to combat COVID-19. During its briefing to the media, IMF informed that it has
May 08, 2020: Exports from Germany plunged 11.8 percent in March, their worst month-on-month fall since the country's 1990 reunification, statistics authority Destatis said for the first month to feel the full impact
May 08, 2020: Moves to ease lockdown measures and reopen economies around the world fired equity markets Friday as investors looked past a string of depressing data suggesting the planet is heading for
May 7, 2019: The federal government has released Rs564.2 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2018-19 as against the total allocation of Rs675 billion.
May 7, 2019: Central Development Working Party (CDWP) meeting on Monday, held under the chairmanship of Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar accorded approval to 17 projects worth Rs. 18.8 billion
May 7, 2019: Federal Cabinet meets in Islamabad today with Prime Minister Imran Khan in the chair. It is expected to consider the proposal to constitute Power Division and Petroleum Division as two separate ministries.
May 7, 2019 (MLN): The non-government sector has accumulated a total net debt of Rs. 894.8 billion during ongoing fiscal year (FY19) as of April 26, 2019, which is 37% higher than the net borrowed amount
May 7, 2019 (MLN): A meeting to review progress on FATF Action Plan was held under the chairmanship of Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, in Islamabad,
May 7, 2019: A consultative meeting between the Traders Associations and FBR representatives was held in Islamabad yesterday to find ways for broadening the tax base. Director General FBR Mir Badshah Khan Wazir apprised the
May 7, 2019: Special Assistant to Prime Minister on Information and Broadcasting Dr. Firdous Ashiq Awan says 19 essential items of daily use will be available in all outlets of Utility Stores Corporation at subsidized
May 7, 2019: Prime Minister Imran Khan has vowed to devolve powers to the local bodies and to defeat the vested interests resisting the change. Talking to newsmen in Islamabad, he said elections to local
May 7, 2019: Newly appointed Chairman Federal Board of Revenue Syed Shabbar Zaidi has stressed the need to create a pro-tax environment in the country. Talking to a private news channel, he said FBR has
May 6, 2019 (MLN): Mr. Omer Ayub, who currently holds the office of the Ministry of Energy has been given additional charge of the Petroleum Ministry by Prime Minster Imran Khan. Copyright Mettis Link News
May 6, 2019 (MLN): Mr. Shabbar Zaidi, a partner at A.F. Ferguson & Co (PwC Pakistan) has been appointed as the Chairman of Federal Board of Revenue (FBR), as per Prime Minister Imran Khan’s latest
May 6, 2019: The Rawalpindi Islamabad Tax Bar Association (RITBA) has welcomed the decision of the government to appoint experts to head the State Bank of Pakistan (SBP) and Federal Board of Revenue (FBR). The
May 6, 2019: The exports of spices earned $68.445 million for the country during the first three quarters of the current fiscal year (2018-19), showing an increase of 14.65 percent when compared to the exports
May 6, 2019: A multinational packaging company is setting up a manufacturing facility at Sundar Industrial Estate in Lahore with a total investment of 110 million US dollars. The site will cater to the domestic
May 5, 2019: A meeting of Fiscal Coordination Committee (FCC) chaired by Adviser on Finance Abdul Hafeez Shaikh was held in Islamabad on Saturday. It considered the recommendations of the FCC's Sub Committee on Public
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