Jan 23, 2020: The new Tariff Policy 2020-24 will increase the industrial growth and attract foreign investment for increasing employment opportunities in the country. National tariff commission in Tariff Policy 2020-24 was looking
January 23, 2020 (MLN): Outflow of profits and dividends during the first six months of the current fiscal year did not show any significant change, as it rose only by 10% YoY to
January 23, 2020 (MLN): Foreign Investment in T-bills has jumped to $138.45 million, showing an increase of 36% DoD in the single session on January 22, 2020. In the preceding session, $102 million
January 23, 2020: Prime Minister Imran Khan, while assuring full cooperation of the government to investors and businessmen, Thursday stressed on environment-friendly green technology in line with the government's “Clean & Green Pakistan”.
January 23, 2020 (MLN): Expressing satisfaction over visible progress made by Pakistan to strengthen its domestic counter-terrorism financing system, China on Thursday stressed that Pakistan’s political will and active efforts, ought to be
January 23, 2020: Europe's main equity markets slid at the open on Thursday after earlier losses in Asia, as fears grew over the spread of a deadly new virus from China. In initial
January 23, 2020 (MLN): Pakistan has fallen 3 places in the transparency internationals 2019 corruption perception index, its ranking changed from 117th to 120th. The Corruption Perceptions Index ranks 180 countries and territories
January 23, 2020 (MLN): Private sector financing demand remained subdued due to muted economic activity as outstanding loans to private sector businesses by the end of December 2019 increased slightly by 2% MoM
January 23, 2020: Renowned international mobile operating company GSMA's Director General Mats Granyrd called on Prime Minister Imran Khan on the sidelines of World Economic Forum's annual meeting at Davos, Switzerland on Thursday.
January 23, 2020: Prime Minister Imran Khan says to stabilize the economy, the government has taken tough decisions resulting in the upward trajectory of the stock market, stabilization in value of rupee and
Jan 23: Investor nerves over the spread of a deadly new virus from China rattled Asian equities and oil benchmarks on Thursday, as authorities moved to contain the disease. The city at the
January 22, 2020 (MLN): Pakistan's outstanding debts as of December 31, 2019 stood at Rs.20.73 trillion whereas total debt at the end of prior month was Rs.20.64 trillion, meaning that around Rs.93.53 billion
January 22, 2020 (MLN): The total Foreign Investment in Treasury bills (T-Bills) during July 1, 2019 till January 21, 2020 recorded at USD 2.448 billion, this led the overall Foreign Investment to arrive
January 22, 2020: US President Donald Trump relaunched a major trade offensive against Europe on Wednesday, threatening to hit the EU with damaging auto tariffs if Europeans failed to agree a long-delayed trade
January 22, 2020: Advisor to Prime Minister on Finance and Revenues, Dr Abdul Hafeez has said that Pakistan looked forward to further strengthening partnership with Asian Development Bank (ADB) under the leadership of
December 03, 2018: The Sindh Revenue Board during the month of November collected revenue of Rs 7.986 billion as compared to the revenue of Rs 6.652 billion collected during November last year registering a growth
December 03, 2018: Finance Minister Asad Umer says the government is enhancing export and trade volume with neighboring countries to bring Pakistan on the road of development and prosperity. Talking to a private news channel,
December 03, 2018 (MLN): Growth is considered to be an essential condition for reduction in poverty, but growth does not necessarily imply that it will lead to improvement in the quality of living standards of
December 03, 2018: Federal Minister for Railways Sheikh Rashid Ahmed on Monday invited delegation of South Korea to seek opportunities in business and investments in Pakistan Railways. While chairing a meeting with Korean delegation on
December 03, 2018: The Central Directorate of National Savings (CDNS) has achieved Rs 84 billion savings during first month of second quarter of current fiscal year, from July 1 to November 21, 2018-19. The CDNS
December 3, 2018 (MLN): Central Development Working Party has approved 3 development projects worth Rs.3.17 billion and 1 mega project valuing Rs.4.06 billion was referred to Executive Committee of National Economic Council (ECNEC) for its
By Muzammil Aslam December 3, 2018 (MLN): Theoretically, a strong policy action results in rallying markets and higher investors’ confidence. However, when policy actions are executed under pressure, they ultimately breed confusions in the markets.
December 3, 2018 (MLN): The KSE 100 index has gone down drastically during the early hours of the day, following the announcement by State Bank of Pakistan to hike the key interest rates by 150
December 03, 2018: The cement manufacturers have urged the government to support the industry by reducing taxes and placing anti-dumping duty on Iranian cement to make it more affordable for consumers. In a joint statement,
December 03, 2018: Adviser to Prime Minister on Commerce, Industries, Production and Investment Abdul Razak Dawood says the government is making proper planning and evolving effective policies to boost industrial sector. Addressing a meeting of
December 2, 2018 (MLN): The last week of departed month witnessed a series of ups and downs as the month of December neared. The week kicked off with Economic Coordination Committees (ECC)’s decision to import
Market Data and Economic Indicators Weekly Performance Nov 30, 2018 Nov 23, 2018 PKR InterBank 139.0567 133.9950 KSE100 Index 40,496.03 40,869.28 Avg Daily Volume 151,994,400 156,883,653 Gold (Karachi) Rs/10 gm 55,170 53,927 KIBOR 6M
The Federal Board of Revenue has extended the date for filing Income Tax Returns for companies, individuals and association of persons from Nov 30, 2018 to December 15, 2018. Full Statement by FBR Copyright
Islamabad (Nov 30, 2018) : The government has decided to reduce the prices of petroleum products by Rs.2 per litre, each for Petrol and Diesel. The prices of Kerosene and LDO will be reduced by
Prime Minister Imran Khan has directed that a new legislation should be finalized within a week’s time to effectively deal with the offences related to money laundering and to further strengthen the existing laws to
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