Feb 6: Fears of an economic slowdown, fuelled by the coronavirus slashing output in China, has shone the spotlight on OPEC, whose oil is heavily bought by the world's second-biggest economy. “China has
Feb 6: Asian markets on Thursday extended this week's global rally following a fresh record in New York, while safe havens retreated as concerns about the impact of the deadly China virus eased.
February 6, 2020: The Federal government has approved the release of 429.17 billion rupees for ongoing and new social sector uplift projects under its Public Sector Development Programme during the current financial year.
Feb 05, 2020: In response to a news items published in some sections of press about tax revenue, Federal Board of Revenue (FBR) Wednesday clarified that it had collected a record Rs2407 billion
Feb 5: The World Bank will revise its global growth forecast downwards due to the new coronavirus, the president of the multilateral lender said Tuesday, amid fears the epidemic in China will harm
Feb 05, 2020: Asian markets on Wednesday extended this week's global rally following a fresh record in New York, while safe havens retreated as concerns about the impact of the deadly China virus
February 4, 2020: President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the move to increase gas prices and urged Prime Minister Imran Khan to immediately stop the
February 4, 2020 (MLN): The National Assembly Standing committee on Finance and Revenue on Tuesday directed Federal Board of Revenue (FBR) to expedite payment of tax refunds to export oriented industrial sector besides
February 4, 2020 (MLN): Oil and Gas Marketing Companies (OMCs) have witnessed a decline of 13% YoY in volumes to 1.35 mln ton in the month of January 2020, bringing industry volumes for
February 4, 2020 (MLN): H.E. Recep Tayab Erdogan, President of Turkey will be on an official visit to Pakistan from the 13-14 of February, 2020. According to sources, the President will be accompanied
February 4, 2020: Power Division is in the process of finalizing Integrated Generation Expansion Plan (IGXEP) for the national Grid which will regulate future energy demand and supply with most affordable and feasible
February 4, 2020 (MLN): The Economic Coordination Committee (ECC) has deferred the increase in gas prices for one more time. Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh
February 4, 2020 (MLN): The talks between the Federal Board of Revenue (FBR) and International Monetary Fund (IMF) have commenced, following the latter’s arrival in Pakistan yesterday. Officials from FBR informed IMF about
February 4, 2020: Adviser for Commerce, Industry and Textile Production, Abdul Razak Dawood says Pakistan has rich potential to export quality rice, poultry, fisheries, fruits and vegetable products across the world. Talking to
February 4, 2020: Pakistan and Malaysia have agreed to build a strong economic partnership to strengthen the trade and investment relations by removing barriers in key areas and develop linkages between the private
December 20, 2018: A meeting of the federal cabinet begins in Islamabad on Thursday, under the chair of Prime Minister Imran Khan. The meeting is discussing various important agenda items including Afghanistan Pakistan action Plan
December 20, 2018: Finance Minister Asad Umar received Mr. Tomoyuki Kimura, Director General Strategy, Policy & Review Deptt, Asian Development Bank (ADB) for a meeting on Wednesday. Finance Minister on the occasion said that ADB’s
December 20, 2018: Minister for Finance Asad Umar has said the financial assistance pledged by the friendly countries was sufficient to bridge the current account deficit for present fiscal year. Briefing the Senate's Standing Committee
ISLAMABAD, Dec 19: Finance Minister Asad Umar Wednesday informed a delegation of Pakistan Business Council that FBR had been directed to review and improve the Expeditious Refund System (ERS) parameters to ensure early processing of
ISLAMABAD, Dec 19: Security and Exchange Commission of Pakistan (SECP) Policy Board Wednesday met here at its head office under the chairmanship of Professor Khalid Mirza. On the recommendation of its Regulations Committee, the Policy
December 19, 2018 (MLN): Fitch Solutions Macro Research (a unit of Fitch Group) has recently published its outlook for the impact in Asia of China’s Belt & Road Initiative (BRI), in which the research house
ISLAMABAD, PAKISTAN (19 December 2018) – A senior official at the Asian Development Bank (ADB), Mr. Tomoyuki Kimura, outlined key policy directions of ADB’s new corporate strategy and its importance to Pakistan’s development agenda at
December 19, 2018: Out of a total allocation of Rs 185,197.800 million under Public Sector Development Programme (PSDP), the government has released Rs 37,759.060 million for ongoing road infrastructure projects of National Highway Authority (NHA).
December 19, 2018 (MLN): Current account deficit for the month of November increased by 3% MoM to $1.255 billion, as compared to $1.213 million in October. Current account deficit in July to November shrank by
December 19, 2018: Senate Standing Committee on National Food Security and Research on Wednesday was informed that due to absence of appropriate crop zoning in the country, area under cotton sowing has drastically reduced by
December 19, 2018: The Central Directorate of National Savings (CDNS) has achieved Rs 80 billion savings during last month of second quarter of current fiscal year, from July 1 to December 17, 2018-19. The CDNS
December 19, 2018 (MLN): Special Tax Benches have been constituted in the honorable Supreme Court of Pakistan and the Lahore High Court for hearing of Tax related cases. Formation of these Special Tax Benches is
December 19, 2018: As many as five Joint Ventures (JVs) of foreign and local firms have submitted the prequalification applications for construction of main dam and appurtenant structures of Diamer Basha project. The JVs for
December 19, 2018 (MLN): Finance Minister Asad Umar has informed members of the Senate Committee on finance that the government is likely to introduce mini budget in January. According to sources, the final verdict shall
December 19, 2018 (MLN): President of The Union of Small and Medium Enterprises (UNISAME), Mr. Zulfikar Thaver has advised the Prime Minister (PM) to save the SMEs who have received a setback due to fast
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