February 18, 2020: Mr Ahmad Hanif Orakzai, Acting Secretary, Economic Affairs Division, Government of Pakistan and Prof. Andrew Campbell, Chief Executive Officer, Australian Center for International Agriculture Research (ACIAR) signed Memorandum of Subsidiary
Feb 18, 2020: Asian markets tumbled Tuesday after Apple warned the new coronavirus had hit output and demand in China, fuelling fears over the wider impact of the epidemic on corporate earnings and
February 18, 2020: Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, the US tech giant said Monday, warning that iPhone supplies worldwide would also be
February 17, 2020 (MLN): The country’s total external debt servicing on outstanding loans soared to $3.9 billion in the 2QFY20 from $3 billion recorded in the preceding quarter of FY20, showing an increase
February 17, 2020: The government has released around 50.4 percent of the total Rs 581.812 allocation during first seven months of the of current fiscal year to execute petroleum projects under the Public
February 17, 2020: The 8th meeting of the Transaction Committee for privatisation of NPPMCL was jointly chaired by the Minister for Privatisation / Chairman, Privatisation Commission (PC) and Special Assistant to Prime Minister
February 17, 2020 (MLN): The statement released by the IMF on Friday came as a respite for the government, following the strict austerity measures which outlined the stabilized economy. The talks with the
February 17, 2020 (MLN): Government’s total external debt and liabilities increased to $111 billion by the end of December 2019, showing an increase of 12% YoY. This figure was accounted for 39.5% of
February 17, 2020: On 12 February, the State Bank of Pakistan (SBP) released updated monthly data on workers’ remittances showing a 4% increase in the monthly average for fiscal 2020 (which ends 30
February 17, 2020: The Securities and Exchange Commission of Pakistan (SECP) has organized introductory sessions on recently launched regulatory sandbox initiative. In the sessions held in Karachi and Lahore, participants were briefed upon
Feb 17, 2020: The Finance Ministry Monday described as misleading and factually incorrect a news item published in a section of the press suggesting that tough prior actions [are] needed for Internationally Monetary
February 20, 2020: Export of fruits & vegetables is encountering difficulties due to shortage of reefer containers. The factor for the existing acute shortage of reefer containers can be attributed to a reduction
Feb 17, 2020: Fears about the economic fallout from the new coronavirus weighed on Asian markets Monday as the death toll in China from the epidemic rose and infections topped 70,500. After Wall
February 17, 2020 (MLN): Moody’s Investors Service on Monday revised down its global GDP growth forecast and now expecting G-20 economies to collectively grow by 2.4% in 2020, a softer rate than last
February 16, 2020 (MLN): The attractive returns offered by government-backed securities has enticed foreign investors to invest more as the total inflows in government short-term Securities (T-bills) has exceeded USD 3.134 billion (net)
January 14, 2019: The Khyber Pakhtunkhwa (KP) government has embarked on an inclusive plan to raise fruits and vegetables on 18,000 acres land in different districts. According to Planning and Agriculture department of Khyber Pakhtunkhwa,
January 13, 2019: Economists on Sunday said foreign investors have shown growing interest to invest in Pakistan due to immense market potential of the country and improved governance. Talking in a Radio Current Affairs programme,
Market Data and Economic Indicators Weekly Performance Jan 11, 2019 Jan 04, 2019 PKR InterBank 138.8474 138.8641 KSE100 Index 39,049.08 37,547.49 Avg Daily Volume 138,674,018 117,751,582 Gold (Karachi) Rs/10 gm 57,700 57,514 KIBOR 6M
This week’s statistical releases, reflecting various aspects of the economy, accounted by organizations including the State Bank of Pakistan (SBP), Pakistan Bureau of Statistics (PBS), Pakistan Automotive Manufacturer’s Association (PAMA), are listed below: • Central
GWADAR, Jan 12: A delegation of Saudi Arabia arrived here on Saturday to inspect the site for the proposed oil refinery at the deep seaport city, an ultimate destination of the China Pakistan Economic Corridor.
By Muzammil Aslam Mini Budget to be announced on Jan 23rd, Finance Minister. 1- Stock market investors will hear good news. We believe, some relief expected in capital gain and dividend taxation. Plus, carry forward
January 12, 2019 (MLN): The government plans to announce second mini budget in five months on January 23, 2019. The government had earlier planned to announce the mini budget on Jan 21, 2018, however it
ISLAMABAD, Jan 12: The president has reconstituted the National Finance Commission (NFC) with Finance Minister Asad Umar as its chairman. According to a notification issued by Finance Division, the NFC members would consist of finance
January 11, 2019 (MLN): According to data released by the Pakistan Bureau of Statistics (PBS) the weekly SPI for the combined group increased by 0.40 percent compared to the previous week (Jan 03, 2019) and
January 11, 2019 (MLN): Pakistan Bureau of Statistics released survey on labor force 2017-18, according to which unemployment ratio stood around 5.8 percent in the country. While the ratio of male unemployment stood at 5.1
January 11, 2019: The development/adoption of broader National Financial Inclusion Strategy (NFIS) is expected to enhance formal financial access to 50 per cent of adult population by 2020 in the country from level of 23
January 11, 2019: Chinese Ambassador to Pakistan Yao Jing on Friday said that China is interested to enhance its import of potato, cherry, wheat besides increasing its investments in other sectors of economy to further
January 11, 2019 (MLN): Global economic crisis, mainly arising out of monetary policy tightening carried out by US Federal Reserve, as well as trade wars amongst leading economies, has paved way for numerous uncertainties for
January 11, 2019 (MLN): Pakistan’s Trade Deficit in Services for November 2018 has shrunken by 40% from last year and is documented at $333 million, shows formal data released by the Pakistan Bureau of Statistics
January 11, 2019 (MLN): Lake City Management (Private) Limited (LCMPL) and Vision Developers (Private) Limited (VDPL) have submitted separate applications for the grant of license(s) for generation and distribution/supplier of electric power, to National Electric
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