December 24, 2019 (MLN): As the International Monetary Fund (IMF) has completed the first review of Pakistan’s Extended Fund Facility and has granted permission to modify performance criteria (for issuance of Sovereign Guarantees),
December 24, 2019: Crude oil prices were up during Tuesday's early trading supported by Russia's positive statement over OPEC and its allies' production cut deal that has sustained prices. During weak pre-Christmas trading,
December 24, 2019: Prime Minister Imran Khan says having achieved economic stability, the government is committed to bringing economic development in the country. This he stated while presiding over a meeting to review
December 24, 2019: Council of Common Interests has unanimously decided to install telemetry system at reservoirs for ensuring a fair distribution of water among the provinces. The meeting of CCI held in Islamabad
Dec 24, 2019: Asian markets were muted in thinned business Tuesday as investors across the region traded with an eye on the early finish ahead of the Christmas break. Another record lead from
Dec 23, 2019: Ministry of Overseas Pakistanis Secretary and Human Resource Development Aamir Hassan and Japanese Ambassador to Pakistan Kuninori Matsuda Monday signed a Memorandum of Cooperation (MoC), formally enabling Pakistani skilled workforce
Dec 23, 2019: Pakistan is considering offering tax breaks to various industries with export potential as the country looks beyond textiles to boost outbound trade, Abdul Razak Dawood, the prime minister's adviser for
December 23, 2019: Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant equal to Rs 4.05 billion funds lapsed during the financial year 2018-19 under the Sustainable Development Goals
December 23, 2019 (MLN): Pakistan has acquired around $1.63 billion as foreign economic assistance during Jul-Nov FY20 from bilateral and multilateral sources. According to the details provided by the Economic Affairs Division (EAD),
December 23, 2019: Prime Minister Imran Khan has directed to ensure early completion of all development projects in the country. He was chairing the progress review meeting of Public Sector Development Programs for
December 23, 2019 (MLN): Pakistan Petroleum Limited has made a hydrocarbon discovery in the first exploratory well, Margand X-1, in Margand Block (2866-4), i.e. operated by Company which holds 100% working interest therein.
Dec 23, 2019: Secretary Ministry of Overseas Pakistanis and Human Resource Development Aamir Hassan and Japanese Ambassador to Pakistan Kuninori Matsuda Friday signed a Memorandum of Cooperation (MoC), formally enabling Pakistani skilled workforce
December 23, 2019: A meeting of Economic Coordination Committee (ECC) was held in Islamabad on Monday with Adviser on Finance Hafeez Sheikh in the chair. The meeting reviewed performance of different sectors of
Dec 23, 2019: Europe's major stock markets started Monday on a weak footing with many investors away for the holidays. In initial trade, London's benchmark FTSE 100 index of major blue-chip firms dipped
December 23, 2019: Adviser to Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood says the incumbent government is creating an investment-friendly environment for both foreign and local investors. Talking to APP
October 15, 2018: Water level of Tarbaila Dam Monday continued to decrease as today it was recorded 1482.34 feet while only seven power generation units were producing electricity. According to the Tarbaila Dam officials, after
October 15, 2018: China on Monday has said it supported International Monetary Fund (IMF) in carrying out an objective and professional evaluation of Pakistan’s financial situation and assisting it dealing with current difficulties and added,
October 15, 2018 (MLN): The Association members of the Pakistan Stock Exchange (PSX), led by President PSX Association, Mr. Hammad Kehar are on their way to meet the Securities and Exchange Commission of Pakistan (SECP)
October 15, 2018: The revenue collection by the Model Customs Collectorate Quetta recorded a 42 per cent year-on-year growth to Rs5.9 billion during the first quarter of 2018-19. According to data report, the customs duty
October 15, 2018: Cement export has posted 18.9pc growth in the month of September. Over 0.715 million tons cement was exported from Pakistan in this period against 0.401 million tons exported in Sept 2017. Data
October 15, 2018: An investment and business delegation led by senior government functionaries from Kingdom of Saudi Arabia will visit Pakistan by October 18 to negotiate on investment opportunities in different sectors. Talking to media
October 15, 2018 (MLN): The maximum number of passenger cars sold during September 2018 were Toyota Corolla as its sales stood at 4,426 units against sales of 4,204 units during the previous month and 4,108
October 15, 2018: Prime Minister Imran Khan says current economic situation has necessitated difficult economic decisions, however, the government is trying its best to protect the poor and vulnerable. He was speaking at a meeting
The Pakistani Rupee depreciated in early trade, losing out the gains it had made in the last two sessions. The PKR was being quoted at 133.50/133.75 against the dollar. Copyright Mettis Link News
ISLAMABAD, Oct 14: The first unit of Thar coal power plant is likely to contribute 330 MW of electricity to the national grid by December 2018, six months ahead of given schedule as so far
KARACHI: In an article published in a national newspaper, the writer argues that Pakistan’s inflation could go as high as 14 per cent following the recent bouts of depreciation. The author of the article expects
Market Data and Economic Indicators Weekly Performance Oct 12, 2018 Oct 05, 2018 PKR InterBank 131.9320 124.2535 KSE100 Index 37,517.93 39,226.35 Avg Daily Volume 176,093,040 113,477,110 Gold (Karachi) Rs/10 gm 52,898 51,098 KIBOR 6M
October 12, 2018 (MLN): Weekly SPI for the combined group has increased by 3.65% over the previous week (ended October 4, 2018) and by 6.52% over the corresponding period of last year (October 12, 2017),
October 12, 2018 (MLN): Prime Minister Imran Khan’s announcement of ‘Naya Pakistan Housing Program’ to build five million homes in five years has been criticized severely as the cost of the project is estimated to
October 12, 2018: Prime Minister Imran Khan has said his government would be announcing a special package of incentives to encourage the Overseas Pakistanis to send remittances through banking channels by removing all hindrances and
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