June 9, 2020: The auto industry in Pakistan has entered into a new era with AuVitronics Limited, a House of Habib company geared up to export the “Absorber FR Bumper” to Toyota Motor
June 10, 2020: Adviser to Prime Minister on Commerce and Investment Wednesday said that in federal budget 2020-21 the government would ensure new job creation be executing its true economic vision in the
June 9, 2020: Pakistan has been officially included in the group of countries that will be entitled to debt relief as part of the G20 debt relief deal. It is pertinent to mention that
June 10, 2020: The government would continue to cooperate with businessmen to boost businesses, generate employment opportunities and promote economic development in the country, remarked Adviser to Prime Minister on Finance Abdul Hafeez
June 10, 2020: European stock markets rose in opening deals on Wednesday as dealers eyed easing coronavirus concerns and awaited the latest monetary policy decision from the US Federal Reserve. In initial
June 10, 2020: Asian Development Bank (ADB) President Masatsugu Asakawa has launched a high-level panel of leading experts in economics, finance, and health to help ministers, central bank governors, and other senior officials identify
June 10, 2020 (MLN): The third round of negotiations between International Monetary Fund (IMF) and Pakistan on upcoming budget have been succeeded to reach a consensus. According to the sources, both sides agreed
June 10, 2020: Initial and ongoing assessments by the UN's Food and Agriculture Organization (FAO) provide strong indications that the COVID-19 pandemic and its impacts are driving up a hunger in countries that
June 10, 2020: Central Development Working Party (CDWP) meeting on Tuesday chaired by Deputy Chairman Planning Commission Mohammad Jahanzeb Khan approved 07 projects worth Rs. 29.351 Billion. CDWP also approved the 01 concept
June 10, 2020: Adviser to the Prime Minister on Commerce & Investment Abdul Razak Dawood has said the Government is working to construct dams to provide cheap electricity to people. Talking to a
June 10, 2020: Oil and Gas Regulatory Authority (OGRA) has decided to activate its 22 enforcement teams aimed at inspecting oil depots across the country and ending the artificial fuel shortage created by
June 10, 2020: Prime Minister Imran Khan has directed that maximum punitive action must be taken against all those responsible for the artificial shortage of petrol in the country and ordered authorities concerned
June 09, 2020 (MLN): Economic Coordination Committee (ECC) will discuss progress report on Public Sector’s Wheat Procurement Drive 2019-20. The meeting is scheduled to take place tomorrow, i.e. June 10, 2020, at Cabinet
June 09, 2020: Emirates has resumed scheduled services from Pakistan, operating flights from Karachi and Lahore to Dubai yesterday. The first scheduled flight from Islamabad will take off on Thursday. The resumption comes
June 9, 2020: The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the
May 31, 2019: The exports of fish and fish preparations decreased by 6.21 percent during the fiscal year 2018-19 as compared to the corresponding period of last year. The seafood exports during July-April (2018-19) were
May 31, 2019 (MLN): As the 11th month of the current fiscal year nears end, the Pakistan Bureau of Statistics (PBS) is all set to release the numbers for Consumer Price Index (CPI) in the
May 31, 2019: A Chinese delegation of MCC International Incorporation Limited, led by its Vice President Wang Zhou, called on Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh in Islamabad on Thursday. The
May 31, 2019: Prime Minister Imran Khan has said the country will only progress when people give their due taxes. In a message to the nation on Pakistan Television and Radio Pakistan, he said only
May 31, 2019 (MLN): Spokesperson of Finance Ministry has said that Government has no plans to stop issuance of Rs 5,000 notes or notes of any other denomination. In a tweet today, he said such
May 30, 2019 (MLN): The Economic Coordination Committee (ECC) has approved a Rs.20 Billion Fund to stabilize the stock market. The ECC meeting was chaired by the Advisor on Finance Dr. Hafeez Shaikh, and approved
May 30, 2019 (MLN): The Oil & Gas Regulatory Authority (OGRA) has sent a summary on proposed prices of petroleum products for June 2019, to the Ministry of Petroleum for approval. As per this summary,
May 30, 2019: The government has so far released Rs4506.846 million for various projects of the Finance Division under the Public Sector Development Programme (PSDP) 2018-19 against the total allocation of Rs12,346.359 million. An amount
May 30, 2019: The Central Depository Company of Pakistan (CDC) Limited has lowered its tariff structure as a gesture of support for the browbeaten stock market of Pakistan, reports local media. In order to lay
May 30, 2019 (MLN): During the outgoing week, foreign investors in local equity market continued to sell off securities due to economic instability which has been gripping Pakistan for a few weeks now. According to
May 30, 2019: Meeting of the Economic Coordination Committee (ECC) of the Cabinet is underway in Islamabad with Adviser on Finance Abdul Hafeez Shaikh in the chair. The Committee is discussing 23-point agenda, including supplementary
May 30, 2019: The export of Pakistani seafood from Gwadar to Chinese cities through Urumqi, China’s Xinjiang autonomous region has increased manifold owing to robust demand, Chen Baoliang, chairman of the board of Xinjiang Yu-Fei
May 30, 2019: Federal Board of Revenue has issued instructions to all Large Taxpayer Units, Corporate Regional Tax Offices and Regional Tax Offices to open and extend working hours tomorrow till 06:00 P.M. The
ISLAMABAD, May 29: The Chairman, Securities and Exchange Commission of Pakistan (SECP), Farrukh Sabzwari, has said that SECP is embarking on digital transformation, end-to-end process automation and enabling user environment for all its regulatees. The
May 29, 2019: A meeting of the National Economic Council chaired by Prime Minister Imran Khan is in progress in Islamabad. It is discussing the federal development budget for the next fiscal year. Adviser on
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