January 13, 2020: World stock markets mostly rose on Monday as investor attention turned to the global economic outlook and this week's planned signing of the China-US trade pact. Heading towards midday, London
January 13, 2020 (MLN): Excitement mounted in the upstreaming sector, E &P, after the announcement of PPL’s first discovery of hydrocarbons namely called, Margand X-01, in Margand, Baluchistan. This discovery in Kalat Plateau
January 13, 2020 (MLN): Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. The 'B-' rating reflects a challenging external position characterised by a high
January 13, 2020: The Ministry of Planning Development and Reforms has so far authorized release of Rs 731.963 million for various uplift projects of Industries and Production Division under its Public Sector Development
January 13, 2020: Oil and Gas Development Company Limited (OGDCL) has acquired 556 Line Kilometers (LKMs) seismic data during the first quarter of the current fiscal year. “Besides, around 689 Line km of
January 13, 2020 (MLN): The S.I.T.E Association of Industry has sent out a letter to the Chief Minister of Sindh, requesting his attention towards an urgent appeal made by K-Electric Company for the
January 13, 2020 (MLN): Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by seventy-eight percent because of the prudent policies of the government. Addressing a function
Jan 13, 2020: Asian markets were mixed Monday as investor attention turned from the Middle East to the global economic outlook and this week's planned signing of the China-US trade pact. While the
January 12, 2020 (MLN): The departed week witnessed several important developments in economic and public policies which would help in strengthening the country’s economic sovereignty. Below are highlights of some of the key
Jan 12, 2020: The federal government has so far authorized release of Rs 301.45 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as
Market Data and Economic Indicators Weekly Performance Jan 10, 2020 Jan 03, 2020 PKR InterBank 154.8318 154.8973 KSE100 Index 43,207.05 42,323.30 Avg Daily Volume 303,234,516 281,787,272 Gold (Karachi) Rs/10 gm 76,732 76,860
January 12, 2019 (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
Jan 11, 2020: The Governor State Bank of Pakistan, Dr. Reza Baqir while giving his keynote address, shared his views in three areas: the outlook for Pakistan’s economy, areas where banks are doing
Jan 10, 2020: Global stock markets consolidated recent gains Friday, comforted by an easing of geopolitical tensions and a looming US-China trade deal which allowed investors to shrug off mild disappointment sparked by
January 10 2020: The Presidents and representatives of Habib Bank, National Bank of Pakistan, United Bank, MCB Bank, Allied Bank, Meezan Bank, Bank Al-falah, Bank Al-Habib, Habib Metropolitan Bank and Faysal Bank signed
November 20, 2018 (MLN): The profitability of the auto sector during the first quarter of FY19 has declined from Rs 6.4 billion last year to Rs 4.6 billion this year, exhibiting a change of 27%
November 20, 2018 (MLN): Caught in a challenging predicament, the Pakistani government is presented with the most taxing conditions in the history of its association with the International Monetary Fund (IMF). Reports have it, that
November 20, 2018 (MLN): Pakistan’s foreign exchange reserves are set to escalate to more than $14 billion, following the receipt of the tranche worth $1 billion from Saudi Arabia, under a financial assistance package. The
November 20, 2018: Prime Minister Imran Khan has emphasized to encourage and facilitate the tourism industry while removing all the bottlenecks and hurdles impeding its promotion. Chairing a meeting of National Task Force on Tourism
November 19, 2018 (MLN): The Competition Commission of Pakistan (CCP) has passed an order assuming its jurisdiction in the matter of Show Cause Notice issued to Pakistan Telecommunication Company Limited (PTCL) for prima facie abusing
November 19, 2018 (MLN): FY2018 has proved to be quite a difficult year for the Pakistan Cement Sector mainly due to the hike in prices of Coal, FO, Brent by 20%, 27% and 26% YoY
November 19, 2018 (MLN): Pakistan continues to face deep fiscal crisis that cannot be easily resolved. Taxes are insufficient to meet Pakistan's debt servicing and defense needs. Besides, the present government has announced some relief
November 19, 2018 (MLN): Addressing a seminar in Karachi, Member FBR Taxpayers’ Audit Ms. Nausheen Javaid Amjad informed that FBR has taken an unprecedented facilitation step for taxpayers who filed their returns of income for
November 19, 2018 (MLN): Imports during October 2018 increased noticeably after declining consecutively, for the last two months. During the month, import demand grew by 9.3% over the previous month, its value logging in at
November 19, 2018 (MLN): IMF’s Bailout package will only be sufficient to curb the economic and currency crisis, leaving the other Fiscal mismanagements of the country unsolved, said a report by Fitch Solutions on Monday
November 19, 2018 (MLN): Exports in October 2018 increased to $1.9 billion (provisional) as compared to $1.7 billion (provisional) in September 2018, showing a leap of 10% and a step towards recovery, since previously, September
November 19, 2018 (MLN): Foreign Minister Makhdoom Shah Mahmood Qureshi met his Norwegian counterpart, Ms. Ine Eriksen Soreide, on the sidelines of Sir Bani Yas Forum in Abu Dhabi. According to the press release, the
November 19, 2018: Pakistan and the United Arab Emirates have agreed to transform their bilateral relations into Long Term Strategic Economic Partnership by adopting a direct, transparent and time bound approach. The understanding was reached
November 19, 2018:The exports of petroleum products during first four months of current financial year 2018-19 increased by 94.14 percent against the exports during same period of previous year. According to Pakistan Bureau of Statistics,
November 18, 2018 (MLN): Although the past week did not cater to many real time events of importance; a number of data releases provided an overview of the economic situation of the country during the
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