Dec 29, 2019: Asian Development Bank (ADB) has approved amount of up to US $ 150 million for different road infrastructure project included major roads to provide connectivity and links between the different
Dec 29, 2019: Chinese Technology Services Company “Timesaco” all set to launch “Tatu Mobility” a transportation infrastructure network in Pakistan to promote e-transportation sector business in Pakistan. “Chinese Technology Services Company Timesaco all
Dec 29, 2019: Prime Minister Imran Khan Sunday said that Pakistan was a land of unimaginable beauty, hidden natural wonders and untapped tourism potential. The prime minister said this in a comment on
December 29, 2019 (MLN): The last week of the year 2019, witnessed several important developments among which the most important one was the decision taken by Sui Northern Gas Pipeline Limited to restore
December 29, 2019 (MLN): The financial picture of the country in full detail was highlighted with the economic and financial data releases over the course of the week. Pakistan's Forex Reserves decreased by
Market Data and Economic Indicators Weekly Performance Dec 27, 2019 Dec 20, 2019 PKR InterBank 155.0317 154.8956 KSE100 Index 40,848.53 40,832.99 Avg Daily Volume 229,927,650 297,424,482 Gold (Karachi) Rs/10 gm 75,488 73,431
Dec 28, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.65% during the week ended Dec 26, 2019 while the SPI increased by 18.51% compared to the
Dec 28, 2019: The Sui Northern Gas Pipelines Limited (SNGPL) has decided to restore Regasified Liquefied Natural Gas (RLNG) supply to industrial sector from Tuesday. According to SNGPL spokesman here Saturday, the company
December 28: The Securities and Exchange Commission of Pakistan’s (SECP) two-day Registrars Conference began here on Saturday. This year the conference theme is “Winning the Business Trust”, where SECP’s Registrars from across the
Dec 28, 2019: The Dow finished at a fresh record on Friday following a sleepy session, but the Nasdaq declined, ending a streak of 10 straight records. The tech-rich Nasdaq Composite Index finished
Dec 27, 2019: The exports of pharmaceutical products during the first five months of financial year (2019-20) grew by 8.66 percent as compared to those of the corresponding period of last year. The
Dec 27, 2019: Prime Minister Imran Khan on Friday said in order to ensure ease of doing business in the country, the present government was fully focused on the creation of business-friendly environment.
Dec 27, 2019: President Dr Arif Alvi on Friday promulgated the Tax Laws (Second Amendment) Ordinance 2019, further amending certain tax laws. The Ordinance XXVI of 2019 promulgated on Thursday and issued on
December 27, 2019 (MLN): The non-government sector has borrowed another net sum of Rs.14.89 billion during the week ended December 20, 2019, which brings the cumulative net borrowing for ongoing fiscal year FY2020
December 27, 2019 (MLN): The government of Pakistan has acquired an additional debt of Rs.29.03 billion during the week ended December 20, 2019, which brings its total net borrowing for ongoing fiscal year
October 25, 2018 (MLN): The government has decided to restore Mr. Jameel Ahmed as Deputy Governor of the State Bank of Pakistan (SBP), for a period of three years with effect from the date he
The resignation of Mr.Shaukat Hussain as chairman of SECP has been accepted by the Government with immediate effect according to a notification issued by the Finance Division. Furthermore, according to another notification, the Federal Government
According to sources in the Ministry of Finance, the government has decided to increase the price of electricity by 10 to 25% for different slabs. For consumers using up to 300 units, the price will
October 24, 2018 (MLN: National Electric Power Regulatory Authority (NEPRA) has decided to increase fuel adjustment charges by 20 paisa per unit, revealed reliable sources. Adjustments are to be made in the bills for September,
October 24, 2018 (MLN: Sentiments of merriment are currently dominating Pakistan’s domestic markets as the global oil prices have tumbled by over 10% over the last 20 days. On October 3, 2018 the Brent futures
The Prime Minister had detailed bilateral discussions with His Majesty, King Salman bin Abdul Aziz, and His Royal Highness, Crown Prince Muhammad bin Salman. The Crown Prince agreed to the Prime Minister’s suggestion to reduce
October 23, 2018 (MLN): A recently conducted survey by Ismail Iqbal Securities has shown that worker’s remittances in upcoming months will not grow as strongly as needed in the short term, due to common people’s
October 23, 2018 (MLN): Prime Minister Imran Khan has affirmed that one of the main agenda that this 60 days old government is prioritizing at the moment, is to create a safe and appealing investment
October 23, 2018 (MLN): Foreign borrowing by the government has dropped by 33% during July-September period as compared to the previous year. Economic Affairs Division has revealed in an official press release that the government
October 23, 2018 (MLN): The profits for JS Global Capital Limited have curtailed by a massive Rs.100 million (-82.95%) owing to considerable drop in the inflows of income combined with increased outflows in terms of
The ECC in its meeting chaired by Finance Minister, Asad Umar on Monday considered the proposal for electricity tariff rationalization, submitted by the Ministry of Power and directed the concerned officials to submit a detailed
October 22, 2018: The State Bank of Pakistan (SBP) will brief the Senate Standing Committee on Finance and Revenue on Tuesday on the recent devaluation of the rupee against US dollar and its impact on
October 22, 2018 (MLN): Pakistan's current account deficit has shrunken by $96 million in the first quarter of (July-Sept) of current fiscal year as it has come down to $3.665 billion, according to the State
October 22, 2018 (MLN): Mr. Zahid Mazhar, newly elected Chairman of All Pakistan Textile Mills Association (APTMA), Sindh Baluchistan region, has appreciated Prime Minister Imran Khan’s firm commitment to reduce the cost of business and
October 22, 2018 (MLN): In an attempt to regain investors’ trust and to restore their confidence, Finance Minister Asad Umar assured the Stock Brokers Association at Pakistan Stock Exchange (PSX) on Saturday, that the latest
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