February 23, 2020 (MLN): The financial snapshot of the country in full detail was highlighted with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator
February 22, 2020: Wall Street continued to tumble Friday amid renewed fears that the virus outbreak in China will have a real impact on companies that depend on goods from the Asian manufacturing
February 21, 2020 The Financial Action Task Force (FATF) during its plenary meeting held in Paris has agreed to maintain Pakistan’s status on FATF’s Compliance Document, normally referred as the Grey List. While
February 21, 2020 (MLN): Deadly coronavirus has been sweeping across the world, affecting the Chinese economy and global business with operations or suppliers from the ground zero of this outbreak, Hubei. The cries
February 21, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.14% during the week ended Feb 20, 2020 while the SPI increased by 15.97% compared to the
February 21, 2020: In 2019, ADB's loan and grant disbursements to Pakistan amounted to $2.4 billion, comprising $1.8 billion in program lending and $634.3 million in project lending. ADB-Supported Programs and Projects ADB
February 21, 2020: Adviser to the Prime Minister on Finance and Revenue met Mr. Yao Jing, Ambassador of the People’s Republic of China here at the Finance Division to review the preparations of
Feb 21, 2020: The Geological Survey of Pakistan (GSP) has demanded Rs 519.057 million to execute four projects under the Public Sector Development Programme (PSDP 2020-2021). “Out of these projects, three are related
February 21, 2020: State Bank of Pakistan Governor Dr Reza Baqir has said that only 15 per cent of the adult female population of the country possesses active bank accounts. This a major
February 21, 2020, The President of Japan International Cooperation Agency (JICA), Mr Shinichi Kitaoka called on the Foreign Minister, yesterday. He briefed the Foreign Minister on JICA’s economic and technical assistance to Pakistan
February 21, 2020: The Federal Cabinet has decided not to increase the prices of gas and electricity for domestic, industrial consumers and Tandoors. Briefing the newsmen after the cabinet meeting in Islamabad, Special
February 20, 2020 (MLN): The Competition Commission of Pakistan approved the Uber-Careem merger through a Phase-II Order, imposing pro-competitive and tough conditions ensuring a level playing field for the new entrants/competitors in the
Feb 20, 2020: Coronavirus fears weighed on European stock markets Thursday despite China reporting a big drop in new cases and easing borrowing costs to cushion the epidemic's economic impact. Traders have been
Feb 20, 2020: The Supreme Court on Thursday reserved its judgment on the Gas Infrastructure Development Cess (GIDC) case. A three-member bench of the apex court headed by Justice Mushir Alam and comprised
February 20, 2020: Ambassador of Kingdom of Morocco Mohammed Karmoune, while referring to meager trade volume between Pakistan and Morocco, advised the Business & Industrial Community of Karachi to arrange trade delegations’ visit
January 21, 2019 (MLN): As a result of the government’s decision to increase the prices of medicines, Fitch Solutions Macro Research believes that the revenue generating opportunities for local pharmaceutical companies in Pakistan will improve,
January 21, 2019: Chief Executive Officer Pakistan Furniture Council (PFC) Mian Kashif Ashfaq has urged the government to introduce a skill development programme for the export-oriented furniture industry in order to promote the country’s value-added
January 21, 2019: Khyber Pakhtunkhwa Agriculture Department has unveiled 100.75 million rupees incentives package for sugarcane growers of the province to increase per acre’s production. The package will provide financial support to timely counter diseases
By Muzzammil Aslam While the Economic Reform Package will take front seat on Jan 23rd, Asad Umer will keep IMF considerations on priority. The recent actions by ECC, today’s news headline by IMF representative on
ISLAMABAD, Jan 20: Pakistan and the United States Sunday agreed to deepen the bilateral economic ties particularly in the context of trade and investment cooperation, in view of the historical linkages between the two countries.
January 20, 2019: Prime Minister Imran Khan will pay a two day visit to Qatar from Monday on the invitation of Amir of Qatar Sheikh Tamim bin Hammad Al Thani. This was stated by Foreign
January 20, 2019: Prime Minister’s Advisor on Commerce, Textile, Industries and Investment Abdul Razzak Dawood has said that country's economy is moving towards right direction. Addressing a ceremony in Karachi on Saturday, he expressed the
January 20, 2019: The account ownership in Pakistan has witnessed a reasonable increase and crossed around 39 million which was 15 million at end of 2015. This increase has been significantly contributed by branchless/mobile banking
January 20, 2019: After launch of US $ two billion housing projects in Islamabad, an Egyptian billionaire Naguib Sawiris has now shown interest to build 100,000 housing units in the country to help accomplish Prime
Market Data and Economic Indicators Weekly Performance Jan 18, 2019 Jan 11, 2019 PKR InterBank 138.8398 138.8474 KSE100 Index 39,306.50 39,049.08 Avg Daily Volume 117,965,784 138,674,018 Gold (Karachi) Rs/10 gm 57,557 57,700 KIBOR 6M
January 20, 2019: Doctor Khaqqan Najeeb spokesman, Ministry of Finance has said that during the last six months of the incumbent government, the economic numbers showing better performance and right direction of the government. Khaqan
Among various economic and policy-oriented developments that took place during the departed week, the event which caused excitement within E&P sector and nudged the stock market towards gains was the news on drilling at Kekra-1
KARACHI, Jan 19: Deputy Minister, Malaysian Ministry of Primary Industry Datuk Seri Shamsul Iskandar Mohd Akin has said that Pakistani importers were encouraged to source their palm products requirements from Malaysia for better product quality
January 18, 2019: The meeting of the Board Business Development Committee (BDC) of Pakistan Steel Mills (PSM) was held on 16th and 17th January 2019 at Pakistan Steel Karachi after delinking of PSM from Privatization.
January 18, 2019: The Ministry of Commerce was working on a new Strategic Trade Policy Framework (STPF) to reduce cost of production and encourage investment in export-oriented sectors. Parliamentary Secretary of Commerce Shandana Gulzar Khan
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