December 18, 2019 (MLN): The Ministry of Planning, Development & Special Initiative has issued a clarification, stating that it fully supports the Khyber Pass Economic Corridor (KPEC) project. In a press release issued
December 19, 2019: European stocks moved in mixed directions at the start of trading on Thursday, with London's FTSE 100 dipping ahead of an interest rate decision by the Bank of England. While
December 19, 2019 (MLN): The overall exports of textile group witnessed an increase of 4.68% YoY to stand at $5.76 billion during Jul-Nov FY20. According to the latest data issued by the Pakistan
December 19, 2019 (MLN): Pakistan is holding a Pak-Africa Trade development Conference at Nairobi for the first time as part of MOC’s Look Africa Policy Initiative. Adviser to Prime Minister of Pakistan for
Dec 19, 2019: Asian markets turned lower on Thursday as the dealers begin to wind down ahead of the Christmas break and as the rally fuelled by the China-US trade pact loses steam.
Dec 18, 2019: Minister for Planning and Development Asad Umar Wednesday said Pakistan had a serious debt problem and the issue could be tackle by import substitution and increase in exports. Speaking at
December 18, 2019 (MLN): The overall output of LSMI decreased by 6.48% during July-Oct, 2019-20, as compared to July-Oct, 2018-19. The LSMI output decreased by 7.97% during October, 2019, as compared to the
December 18, 2019 (MLN): The exports of food group witnessed an increase of 16.20% YoY to $1.75 billion during Jul-Nov FY20. According to the latest data issued by Pakistan Bureau of Statistics on
December 18, 2019: Pakistan is the third least performer among countries in terms of gender parity, ranking 151 out of 153 countries in the world on Global Gender Gap Index 2020, report released
December 18, 2019: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh on Tuesday chaired a meeting held at the Finance Division to discuss ways and means for enhancing
December 18, 2019: Adviser to Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood on Wednesday hoped that shift of automobile manufacturing unit of ‘ Proton’ cars from Malaysia to Pakistan would
December 18, 2019 (MLN): Chairman Federal Board of Revenue (FBR), Shabbar Zaidi has requested business community including Chambers of Commerce to support the authority in curbing under-invoicing of imports. In a tweet, he
December 18, 2019: The SAARC Chamber of Commerce and Industry organized a 2-day start up boot camp in Colombo, Sri Lanka for young entrepreneurs to encourage them to initiate business activities. The camp
December 18, 2019: The Petroleum Division Wednesday rejected a news item appearing in a cross-media section about 214 percent increase in gas tariff from next month, saying “no such increase has been notified
December 18, 2019 (MLN): The overall imports of Petroleum Group witnessed 21.8% decline during Jul-Nov 2019 as compared to the corresponding period of the last year. During the period, the total imports of
October 11, 2018: Deeply concerned over the alarming rise in country’s debts from Rs.6 trillion to Rs.30 trillion in past ten years, Prime Minister Imran Khan on Thursday directed the Finance Ministry to submit a
October 11, 2018 (MLN): Foreign investors remained net sellers at the capital markets during the week ended October 5, 2018, reveals official data on Specially Convertible Rupee Accounts (SCRA), released by the State Bank of
October 11, 2018: Federal Board of Revenue (FBR) has registered a landmark increase of 55% in the number of Income Tax returns filed until 10th of October this year, over the corresponding period of prior
October 11, 2018 (MLN): Pakistan’s water reserves have been plummeting at a distressing rate. During the first 11 days of October, the water reserves have sharply declined by around 20%. The reserves at Tarbela have
October 11, 2018 (MLN): A delegation of the International Monetary Fund (IMF) will visit Islamabad in the upcoming weeks to initiate discussions for a possible IMF-supported economic program. The Managing Director of the Fund, Ms.
October 11, 2018: Minister for Housing and Works Chaudhry Tariq Bashir Cheema on Thursday said that New Pakistan Housing Programme has formally launched pilot project of five million houses across the country and the project
October 11, 2018 (MLN): Pakistani officials will meet with Chief of International Monetary Fund (IMF) Christine Lagarde this afternoon in Bali to request a bailout from the severe economic crisis that threatens to cripple the
October 11, 2018 (MLN): Deputy Chairman Senate, Mr. Saleem Mandviwalla has extended a proposal to the Vice Speaker of the House of Representatives of Indonesia Dr. Fadil Zon, to ease the visa process for Pakistanis
October 11, 2018 (MLN): The FCCI President Syed Zia Alumdar Hussain has said that the ongoing trade tension between China and USA has benefited Pakistan as its exporters are getting extra orders from USA amid
October 11, 2018: Finance Minister, Asad Umar held a number of meetings on the sidelines of the World Bank/IMF Group Annual meetings in Bali, Indonesia on Wednesday, 10th October. He was leading Pakistan’s delegation, consisting
October 11, 2018: Pakistan has urged the international community to ensure that people suffering under colonial and foreign occupation are not left behind in the inclusive world envisioned in U.N.'s 2030 development agenda aimed at
Overseas Pakistanis remitted USD 5.419 Billion in the first 3 months of FY19 (July – Sep) showing an increase of 13.14 percent compared to USD 4.790 Billion remitted during the corresponding period of last year.
October 10, 2018 (MLN): Pakistan’s trade deficit with respect to services imported and exported during the month of August, the second month of the current fiscal year has reduced by 47.24% over the previous month
October 10, 2018 (MLN): Pakistan’s Automotive Industry has sold a total of 16,957 units of passenger cars during September 2018, as compared to a sale of 15,639 units during previous year and 15,389 units during
October 10, 2018: Adviser to Prime Minister on Commerce, Textile, Industry and Investment Abdul Razzak Dawood on Wednesday expressed confidence that Pakistan would sign free trade agreements (FTA’s) with various countries soon as it was
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