March 26, 2020 (MLN): Another outflow of $75.89 million hot money by foreign investors from Pakistan’s sovereign debt securities (T-bills and PIBs) has been witnessed in yesterday’s session i.e. on March 25, 2020.
March 26, 2020: National Coordination Committee (NCC) on coronavirus will hold its second meeting in Islamabad on Thursday with Prime Minister Imran Khan in the chair. This was informed by Special Assistant to
March 26, 2020: Oil prices slipped back in Asian trade on Thursday, as a Senate vote on a massive stimulus package to help the coronavirus-ravaged US economy was delayed. US benchmark West Texas
March 26, 2020: Asian markets were mixed Thursday after a rare two-day rally, while investors were also looking anxiously at Washington, where a gargantuan stimulus package for the world's top economy was being
March 25, 2020: The World Bank and International Monetary Fund (IMF) Wednesday urged upon its bilateral creditors to suspend debt payments from International Development Association (IDA) countries help them combat Novel Coronavirus (COVID-19)
March 25, 2020: The United Nations on Wednesday launched a $2 billion plan to fight coronavirus in the world's poorest countries countries, saying nobody was safe if such nations were left exposed. “This
March 25, 2020: The United States said Wednesday it has urged Saudi Arabia to “reassure” oil and financial markets as the world grapples with a coronavirus pandemic that has paralyzed major economies. The
March 25, 2020: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday said in view of the evolving situation due to the spread of coronavirus (COVID-19), the
March 25, 2020 (MLN): International investors are constantly withdrawing their investment in the domestic sovereign debt Securities due to the growing concerns over COVID-19. On Tuesday, i.e. March 24, 2020, foreigners have pulled
Mar 25, 2020: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the government had announced to procure a record wheat worth of Rs 280 billion. “The government is
March 25, 2020 (MLN): Prime Minister Imran Khan has announced a multi-billion stimulus package to prevent the negative impact of the situation arising out of the outbreak of Coronavirus and to facilitate poor
Mar 25, 2020: As many as 11 wind projects with a cumulative capacity of 660 MW have achieved Financial Closing and are likely to attain commercial operation by December 2021. Official sources told
March 25, 2020 (MLN): The reduction in prices of petroleum products by Rs 15 per litre to be effective from March 25, 2020 which would be financed through a reduction in Petroleum Development
March 25, 2020: SBP has allowed all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers to make Import Advance Payment and Import on Open
March 25, 2020: After days of mounting pressure, Tokyo 2020 organizers bowed to the inevitable and postponed the Games to next year due to the rapidly spreading outbreak. Now Japan faces the unenviable
March 12, 2019: A delegation of local importers and fast moving consumers goods businessmen (FMCGs) on Tuesday visited Islamabad Chamber of Commerce and Industry and expressed their concerns over SRO-237, issued by the Ministry of
March 12, 2019: President Dr. Arif Alvi on Tuesday said that Pakistan was desirous of enhanced regional connectivity for the progress and uplift of its people and the entire region. The President said this while
March 12, 2019 (MLN): During 8MFY19, non-government sector borrowed net amount of Rs 880.5 billion which is 93% higher than the net borrowed amount of Rs 455.8 billion in same period last year. According to
March 12, 2019 (MLN): Government of Pakistan accumulated an additional net loan worth Rs.192 billion during the week ended March 1, 2019 according to weekly data released by the State Bank of Pakistan (SBP) on
ISLAMABAD, Mar 11: Prime Minister Imran Khan on Monday launched the low cost finance scheme for the Pakistan Tehreek-e-Insaf government's flagship project of constructing five million housing units in the country. Addressing the launch ceremony
March 11, 2019: Overseas Pakistani workers remitted US $14350.53 million in the first eight months (July to February) of FY19, showing a growth of 11.82 % compared with US $12833.64 million received during the same
March 11, 2019 (MLN): The Finance Division of Pakistan has been awarded ISO 9001:2015 Certification which replaces the earlier ISO 9001-2008 with the latest standards of ISO 2001-2015. ISO 9001 is defined as an international
March 11, 2019: Prime Minister Imran Khan has directed the local companies to expedite their exploration work in the oil and gas sectors. He was presiding over a meeting held to review issues pertaining to
March 11, 2019: The government was committed to raise Employees' Old-Age Benefits Institution (EOBI) pension amount up to minimum Rs15,000 by 2023, Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Sayed
March 11, 2019: Punjab Board of Investment and Trade Chairman Sardar Tanveer IIyas Khan Monday said Punjab government was working to smart regulations that would address the hindrances being faced by the private sector and
March 11, 2019: Deputy Chairman of Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan, Rashid Meredov is arriving Pakistan on Tuesday (March, 12). The Turkmen Foreign Minister is being accompanied by a high-level
March 11, 2019: European Union is allocating EUR 100 000 in humanitarian funding to bring life-saving assistance to the most affected communities in Southern Pakistan. According to a Press Release, the aid will directly benefit 15
March 11, 2019: The federal government has released Rs 365.99 billion against the total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes. The released
March 11, 2019: Tomato price in local markets has witnessed sharp surge for the last several weeks, which has put an extra burden on daily kitchen budget as well as swelled the inflation rate. The
March 11, 2019 (MLN): Chairman of Securities and Exchange Commission Pakistan (SECP), Mr. Farrukh Sabzwari together with the World Bank has launched a Corporate Sector Report prepared by the latter, on corporate governance in Pakistan.
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