April 8, 2020: The Asian Development Bank has projected that Pakistan’s inflation rate would slow down to 8.3 percent in the fiscal year 2020-21. “Inflation is forecast to decelerate to 8.3% in FY2021
April, 8 2020: UNICEF Executive Director, Henrietta Fore has said that COVID-19 is generating an unprecedented global economic crisis. “As we witness in all such crises, this economic destruction is cruelly and unequally
April 8, 2020: In its worst performance since 1945, the French economy shrank around six percent in the first quarter of this year as the coronavirus pandemic decimated business activity, the Bank of
April 8, 2020 (MLN): The Economist Intelligence Unit (EIU) has recently published another report examining and explaining the impact of COVID-19 on global growth prospects. Prior to the coronavirus outbreak, the EIU expected
Apr 08, 2020: EU finance ministers failed on Wednesday to agree on a bailout plan to help hard hit member states face the coronavirus outbreak, after Italy refused to abandon its plea for
April 8, 2020 (MLN): The Financial Action Task Force (FATF) has provided Pakistan with a leeway of 5 additional months, for compliance with the 13 outstanding conditions for money laundering and terror
April 8, 2020 (MLN): The total debt of Central Government during the month of February 2020 stood at Rs. 33.42 trillion, i.e. merely 1 percent higher than the figures reported last month. whereas,
April 08, 2020 (MLN): Taking inspiration from last weeks’ transactions, overseas investors again indulged in sale of securities during the week ended March 27, 2020, as they withdrew a net amount of Rs
April 8, 2020: EU finance ministers struggled early Wednesday to bridge differences on how to rebuild their economies after the coronavirus, with Germany refusing Italy's call for unprecedented burden-sharing with hard-hit countries.
April 8, 2020: Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers' meeting this week aimed at cutting output to support coronavirus-hit energy markets. US benchmark West
April 8, 2020: Most Asian equities retreated Wednesday after a two-day rally as investors closely track developments in the coronavirus crisis, while the oil market continued to fluctuate ahead of a crucial producers'
April 7, 2020: The COVID-19 pandemic has piled pressure on the finances of many emerging countries, leading to calls for some debt payments to be postponed or canceled altogether. Last month, Lebanon declared
Apr 07, 2020: Ten oil producing nations from outside the OPEC+ alliance including the United States have been invited to a meeting aimed at reaching an agreement to reduce oversupply, Russian news agency
April 07, 2020: Tractors manufacturing in the country during the first seven months of the current financial year decreased by 37.22 percent as compared to the manufacturing of the corresponding period of last
April 7, 2020: The Securities and Exchange Commission of Pakistan (SECP) has successfully completed the phase 1 scope and audit of security standard certification ISO/IEC 27001:2013 for its Information Security Management System (ISMS).
March 25, 2019 (MLN): A delegation of the Financial Action Task Force Asia Pacific Group (FATF – APG) is scheduled to arrive in Islamabad today to evaluate Pakistan’s progress against money laundering and terrorism. Starting
March 25, 2019: Pakistan has been ranked number one for the provision of most affordable telecom services among 139 countries in World Economic Forum’s Network Readiness Index Report. Meanwhile, Competitiveness Index Report of World Economic
March 24, 2019: The mobile market in Pakistan has demonstrated significant growth over past decade with number of unique subscribers increasing by 37.4 million (85.1%) between 2008 and 2018. However, a significant share of the
Market Data and Economic Indicators Weekly Performance Mar 22, 2019 Mar 15, 2019 PKR InterBank 140.2412 139.2795 KSE100 Index 38,531.87 38,306.95 Avg Daily Volume 83,884,106 93,270,362 Gold (Karachi) Rs/10 gm 60,271 59,414 KIBOR 6M
March 24, 2019: Overseas Pakistanis in Canada have donated two hundred and sixty thousand dollars for Dams Fund in Pakistan. The donations were given at a ceremony held in connection with Pakistan Day in Edmonton
March 24, 2019: Special Assistant to the Prime Minister for Overseas Pakistanis and Human Resource Development, Syed Zulfiqar Abbas Bukhari on Sunday said under the leadership of the Prime Minister government is emphasizing on the
Among various economic and policy-oriented developments that took place during the departed week, the biggest development was the statement issued by SBP Governor on Monday that Pakistan and International Monetary Fund (IMF) have generally reached
ISLAMABAD, March 23: The SECP has published frequently asked questions (FAQs) on anti-money laundering/countering financing of terrorism (AML/CFT), providing answers to specific questions. The FAQs provide clarifications on the SECP AML/CFT Regulations, 2018, and on
ISLAMABAD, March 22: Prime Minister Imran Khan and his Malaysian counterpart Dr Mahathir Mohammad Friday called for enhancing trade and investment ties between the two brotherly countries through private sector participation, partnerships and joint ventures
March 22, 2019: State Minister for Revenue Hammad Azhar on Friday said that government is considering to impose fixed tax on traders to facilitate them in tax obligations and to broaden the tax net. Talking
March 22, 2019 (MLN): Urea sales have witnessed a mere rise of 0.9% in the five months of Rabi season this year (Oct-Feb, FY19), as per data released by the National Fertilizers Development Centre (NFDC)
March 22, 2019 (MLN): The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Karachi Tax Bar Association (KTBA), conducted an awareness session on the anti-money laundering/counter-terrorism financing (AML/CFT) obligations of non-profit organizations.
March 22, 2019: The Federal Board of Revenue (FBR) held a number of sessions in Karachi and Lahore for the leading tax consultants, tax managers and businessmen to create awareness about recent tax reforms undertaken
March 22, 2019: Former president Faisalabad Chamber of Small Traders and Small Industry Mian Zafar Iqbal has said that promotion of the SME sector was imperative to give quantum jump to national economy. In a
March 22, 2019: Prime Minister of Malaysia Mahathir bin Mohamad's three-day visit to Pakistan would enhance and boost the economy of the country as both the states were expected to sign Memorandum of Understandings (MOUs)
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