April 10, 2020 (MLN): International investors continued with their current tradition of escaping from local debt market as a withdrawal of another $81.5 million in T-bills has been recorded on Wednesday i.e. April
April 10, 2020: The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister
April 10, 2020: Inflation in China grew at its slowest pace since last October, official data showed Friday, falling from eight-year highs due to a drop in food prices as the country gradually
April 10, 2020: Pakistan has pledged three million US dollars towards SAARC COVID-19 Emergency Fund to support regional efforts in the fight against Coronavirus. In a press release issued by the Foreign Office
April 10, 2020: Major oil producers except Mexico agreed to cut output in May and June by 10 million barrels per day, OPEC said Friday, after marathon talks to counter a collapse in
April 10, 2020: Asian markets were mixed in morning trade on Friday after the latest US coronavirus stimulus measures boosted Wall Street overnight. In its latest attempt to ease the economic pain inflicted
April 10, 2020: Oil prices fell sharply Friday as top producers attempted to finalise a crucial agreement on output cuts in a bid to counter a collapse in demand due to the coronavirus
April 09, 2020: The World Trade Organization (WTO) has forecast that goods trade would shrink more steeply this year than during the global financial crisis a decade ago, and then rebound in 2021,
April 09, 2020: Top oil producers started a crucial meeting on Thursday to discuss a possible cut in output after a collapse in demand due to the coronavirus and a Saudi-Russian price war
April 09, 2020: The oil market jumped Thursday as OPEC and its allies began discussing output cuts after a collapse in demand due to the coronavirus and a Saudi-Russian price war. “The 9th
April 09, 2020: US unemployment is rising at a jarring rate, with data Thursday showing 17 million have lost their jobs since mid-March, as officials scramble to apply a tourniquet to stem the
April 09, 2020: The Federal Reserve on Thursday announced another series of financing facilities to provide $2.3 trillion to support the US economy amid the coronavirus pandemic. The programs aim to help
April 09, 2020: The global coronavirus pandemic is causing an economic crisis unlike any in the past century and will require a massive response to help in the recovery, IMF chief Kristalina Georgieva
April 9, 2020: The Asian Development Bank (ADB) has repurposed $50 million from Pakistan’s National Disaster Risk Management Fund (NDRMF) to support the Government of Pakistan’s preventive and response efforts to fight the
April 9, 2020: The Economic Coordination Committee (ECC) of the cabinet has approved four technical supplementary grants worth Rs13,811.212 million during the current fiscal year (2019-20), the Ministry of Finance said here Thursday.
March 29, 2019: Executive Committee of the National Economic Council has approved projects in communications and power sectors. The meeting of the Executive Committee of the National Economic Council was held in Islamabad on Thursday,
March 29, 2019: A meeting of the 9th National Finance Commission Award will be held in Lahore on Friday with Finance Minister Asad Umar in the chair. The meeting will discuss the resource distribution formula
March 29, 2019: Federal Board of Revenue has set a tax target of 4,398 billion rupees for this year. Briefing media in Islamabad on Thursday, FBR Members said the Board collected 2,330 billion rupees against
March 29, 2019: Federal Board of Revenue has issued instructions to all Large Taxpayer Units, Corporate Regional Tax Offices and Regional Tax Offices to extend office hours for Friday and Saturday to facilitate the taxpayers
March 29, 2019: The Third and last round of the three days talks between Pakistan and Asia Pacific Group of Financial Action Task Force concluded in Islamabad yesterday (Thursday). The group was briefed by the
March 28, 2019 (MLN): Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that there is a huge potential for private and foreign direct investment in the power value chain including generation,
March 28, 2019: Minister of State for Revenue Hammad Azhar has said that government is simplifying the tax procedure to facilitate the business community. Addressing traders' convention in Islamabad on Thursday, he said tax base
March 28, 2019: A consortium of four world leading companies, which started drilling activities in ultra-deep waters at the offshore Indus G-Block called Kekra-I some 230-km off the Karachi coast about 75 days ago, is
March 28, 2019 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has initiated legal proceedings to wind up at least nine companies dealing in cryptocurrencies and offering Ponzi/MLM, referral marketing, pyramid business/schemes. The SECP
March 28, 2019: The government has provided Rs 42 billion to local textile industry under Prime Minister Exports Enhancement Package for enhancing the textile exports. The initiative was aimed at to bridge the gap between
March 28, 2019 (MLN): Declining bilateral trade ties across the border, pending issues of transit, political & security aspirations and intervention of other international players in Afghanistan have been significantly affecting the long-term socioeconomic linkages
March 28, 2019: Prime Minister Imran Khan has said that a major housing project will be launched next month to provide five million housing units to the low income segments of the society. Addressing an
KARACHI March 27, 2019: Pakistan’s Telenor Microfinance Bank (TMB) has joined hands with TOTAL PARCO Pakistan to provide Easypaisa services and fuel payment solutions at all TOTAL PARCO fueling stations located throughout Pakistan. This service
ISLAMABAD, Mar 27: Prime Minister Imran Khan Wednesday launched a Rs 80 billion comprehensive poverty alleviation programme “Ehsas” aimed at helping the downtrodden and vulnerable segments of the society, including the poor, orphans, widows, homeless,
ISLAMABAD, March 27: The federal government has not revised rates or limits for tax on cash withdrawal from bank accounts under section 231A, Federal Board of Revenue (FBR) Wednesday said. Also, the rates or limit
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