March 10, 2020: Oil prices were up more than three percent in Asian trade Tuesday following heavy losses a day earlier after top exporter Saudi Arabia fired the opening salvo in a price
March 09, 2020: UN economists warned Monday that the raging outbreak of the deadly new coronavirus could cost the global economy between $1.0 and $2.0 trillion this year and called on governments to
March 09, 2020: Wall Street stocks cratered Monday, falling over 8 percent to session lows in afternoon trading amid an oil price crash and worries about the rising economic toll from the coronavirus
March 09, 2020: Adviser to Prime Minster for Commerce, Textile, Industry and Production and Investment, Abdul Razak Dawood on Monday said the government was committed for achieving the objective of export led growth
March 09, 2020: The International Monetary Fund called on governments worldwide Monday to join forces and roll out aggressive financial supports for the coronavirus-infected global economy, including steps to help workers and businesses
March 09, 2020 (MLN): US stock and bonds added to trail of destruction left by Asian and European Markets as the Dow Jones Industrial Average fell by 1800 points, while the S&P500 and
March 09, 2020: The Oil and Gas Regulatory Authority (OGRA) on Monday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the SSGC and SNGPL for the current month. According to a
Mar 09, 2020: World oil prices crashed Monday, fuelling a vicious selloff on stock markets, which were already buckling under intense pressure over the spreading deadly coronavirus. Stocks tanked as the global oil
March 09, 2020 (MLN): The non-government sector has borrowed another net sum of Rs.48.62 billion during the week ended February 28, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020
March 09, 2020 (MLN): The government of Pakistan has acquired a net debt of Rs.173.48 billion during the week ended February 28, 2020, which brings its total net borrowing for ongoing fiscal year
March 9, 2020: With $14 million funding support from the UAE, Pakistan’s Expo 2020 pavilion in Dubai will be fully operational in July with construction work underway at a very fast pace, Pakistan’s
March 9, 2020 (MLN): Oil plunged by more than 30 percent on Monday after top exporter Saudi Arabia made deep price cuts following a failure by OPEC and its allies to strike a
March 09, 2020: Worldwide major arms exports have increased on growing demand from countries in conflict, researchers in Sweden said Monday, with top exporter the United States widening its lead over Russia. Over
March 9, 2020: At the Pak-Iran border after resumption of trade activities, 135 long vehicles laden with LPG cylinders and other goods have arrived at dry port of Taftan. The Iranian drivers and
March 09, 2020: Europe's major stock markets slumped Monday at the open, as crashing oil prices saw investors dump global equities, which have already been slammed by heightened fears over the deadly coronavirus.
February 11, 2019 (MLN): Trade deficit during July to January FY19 has shrunk by 9.6% to $19.264 billion, reports provisional data released by Pakistan Bureau of Statistics (PBS), today. Meanwhile, deficit during January 2019 alone
February 11, 2019 (MLN): As of January 2019, the internationally residing Pakistanis have remitted over $12.77 billion during the first seven months of current fiscal year (FY19). Data documented by the State Bank of Pakistan
February 11, 2019: Adviser to Prime Minister on Commerce, Textile, Industry and Production and Investment Abdul Razak Dawood on Monday said that Pakistan's exports increased by four percent in first seven months of current fiscal
February 11, 2019: Mr. Zahid Mazhar, Chairman, All Pakistan Textile Mills Association, Sindh-Baluchistan Region has demanded the government that natural gas should be provided to the industries of the province of Sindh without any interruption
February 11, 2019: Domestic production of vegetable ghee and cooking oil during first five months of current financial year grew by 3.49 percent and 3.24 respectively as compared the production in the corresponding period of
February 11, 2019: Moody’s Investors Service has changed its outlook for the banking system in Pakistan (B3 negative) to negative from stable. “Over the next 12-18 months, banks in Pakistan will see their credit profiles
February 11, 2019 (MLN): In conversation with local media, Finance Minister Asad Umer confirmed that there has been progress in talks with the International Monetary Fund (IMF) and a deal with the Fund will be
February 11, 2019: The Islamabad Chamber of Commerce and Industry (ICCI) has demanded the government to simplify tax system in order to facilitate business growth and augment tax revenues. The ICCI organized a consultative session
February 11, 2019: The Federal Governmnet has planned to develop a Kamyab Jawan Program in collaboration with Small and Medium Enterprises Development Authority. The program is meant to create one million job opportunities through SME
February 11, 2019: Pakistan and Lebanon have agreed to enhance volume of bilateral trade. The understanding was reached during a meeting between Prime Minister Imran Khan and his Lebanese counterpart Saad El-Din Rafik Al-Hariri on
By Muzammil Aslam February 11, 2019 (MLN): A piece of news broke over weekend that Prime Minister Imran Khan will meet Christine Lagarde at the sideline of Dubai Summit, and some corners of media went
February 11, 2019: Prime Minister Imran Khan says this is the right time to invest in Pakistan, urging the international investors not to miss the chance. In a Tweet message, he said this is my
DUBAI, Feb 10: Prime Minister Imran Khan Sunday while apprising the international gathering at 7th edition of World Government Summit here about his government’s reforms agenda, told the world investors that it was high time
February 10, 2019 (MLN): Pakistan’s Weekly Sensitive Price Indicator (SPI) for the combined group increased by 0.29 percent compared to previous week (Jan 31, 2019) and increased by 9.24 percent compared to the corresponding period
February 10, 2019 (MLN): Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Prime Minister Imran Khan of Pakistan in Dubai, in the context of the World Government Summit hosted by
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