December 05, 2019: European stock markets diverged at the open on Thursday following gains in Asia. London's benchmark FTSE 100 index lost 0.2 percent to 7,172.54 points compared with the close Wednesday. In
December 5, 2019 (MLN): The Chairman of FBR, Syed Shabbar Zaidi said FBR will reciprocate confidence and cooperation extended by Pakistan Bank’s Association and the management. In a recent tweet, he thanked the
December 5, 2019 (MLN): The Chairman of FBR, Syed Shabbar Zaidi said FBR has released to this date around Rs 5.5 billion worth of refunds under fully automated FASTER system. In a tweet,
December 5, 2019 (MLN): Moody’s investor service changed the outlook of five Pakistani Banks yesterday from negative to stable, affirming the B3 long term local currency deposit ratings owing to the banks' high
December 05, 2019: Faced with slowing global economic growth and abundant reserves putting pressure on oil prices, the OPEC group and its partners could seek to deepen output cuts when they meet in
December 05, 2019: Asian markets swung back to a rally Thursday on renewed hopes for the China-US trade talks after a report said a deal could be finalised by the end of next
December 04: The domestic cement despatches in the first five months of this fiscal reached 16.854 million tons posting a positive growth of 2.91 percent while exports reached 3.608 million tons depicting a
December 04, 2019 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in November 2019 was 12.67 percent compared to 11.04 percent in October 2019 and 5.70 percent in November 2018. The July-November average
December 4, 2019: Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh says microfinance can help in documentation of economy owing to its outreach. Addressing a ceremony in Islamabad on Wednesday, he said
December 04, 2019: European stock markets diverged in opening trade on Wednesday, with London's benchmark FTSE 100 index of major companies down 0.2 percent at 7,141.15 points. In the eurozone, Frankfurt's DAX 30
December 4, 2019 (MLN): The National Crime Agency (NCA), UK stated yesterday it has agreed to a property settlement with Malik Riaz which claimed £190 million. It is worth mentioning that previously the
December 4, 2019 (MLN): The global GDP growth and global trade are expected to pick up the momentum in 2020, despite continuing trade tensions. The report issued by The Economist Intelligence Unit (EIU)
December 04, 2019: Asian investors extended a sell-off in global markets on Wednesday after Donald Trump poured cold water on the chances of a trade deal with China by the end of the
Dec 03, 2019: Advisor to the Prime Minister on Finance and Revenue Abdul Hafeez Shaikh Tuesday said leading international financial institutions were recognizing the substantive efforts of Pakistan's economic team which led to
December 03, 2019: Governor SBP, Dr. Reza Baqir, welcomed Moody’s change in outlook on Pakistan from negative to stable. He noted that this positive development reflects the recognition of tough decisions taken by
September 24, 2018: Advisor Federal Tax Ombudsman Tariq Ahad Nawaz on Monday said that FTO had received 1,022 complaints during last financial year and out of which 892 were resolved, where in current financial year by
September 24, 2018: Former Governor State Bank of Pakistan (SBP) and former caretaker finance minister Dr. Shamshad Akhtar said there is a phenomenal scope of economic cooperation between Iran and Pakistan. In an interview with
September 24, 2018: The Khyber Pakhtunkhwa (KP) Government has enhanced efforts to boost the volume of Information Technology (IT) exports to USD 10 billion in the next five years, as per Prime Minister Imran Khan’s
September 24, 2018: Pakistan Vanaspati Manufacturers Association (PVMA) on Monday said the recent hike in the gas tariff will increase the price of ghee and cooking oil by five rupees per kilogram hitting the underprivileged. An increase
September 24, 2018: United States Embassy has appointed Paul Jones as the Chargé d’Affaires a.i. Ambassador, today. Ambassador Jones will lead the United States Mission in Pakistan in its ongoing efforts to deepen the connections
September 24, 2018 (MLN): Prime Minister Imran Khan chaired a Punjab cabinet meeting yesterday, in which he stressed on the importance of a transparent and efficient administrative system. He suggested that the ministers should work
September 24, 2018 (MLN): A meeting of the Economic Coordination Committee (ECC) of the Cabinet is scheduled to be held on Tuesday, September 25th 2018 in Islamabad to discuss Electricity Tariffs and a report/presentation on
September 24, 2018 (MLN): A delegation from Saudi Arabia, including Saudi Minister for Finance and Energy, is to visit Pakistan during the first week of October, said Information Minister Fawad Chaudhry, following Prime Minister Imran Khan’s
September 24, 2018: President Bahawalpur Chamber of Commerce and Industry, Malik Muhammad Ijaz Nazim Monday said that four hundred and eighty five acres had been acquired at Aghapur village near Bahawalpur for the establishment of new
September 24, 2018 (MLN): Tax revenue worth Rs.12.3 billion has been generated during the two months of the current fiscal year, disclosed Provincial Minister for Excise & Taxation and Narcotics Control, Mr. Mukesh Kumar Chawla
September 24, 2018 (MLN): Islamabad High Court on Monday approved the removal of Saeed Ahmed from the post of President National Bank of Pakistan (NBP) against Ahmed’s petition challenging the decision of the Federal Government. The
September 24, 2018 (MLN): The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMA Pakistan) have come together to cohost the third Financial Reform for Economic Development
September 24, 2018 (MLN): Chairman of The Pakistan Economy Watch (PEW), Brig, Muhammad Aslam Khan (Retd.) on Sunday pronounced the Eighteenth Amendment of the Constitution as having an inefficient impact on revenue generation within the
Foreign Minister Shah Mehmood Qureshi arrived in New York on Sunday to lead the Pakistan delegation to the 73rd session of the UN General Assembly where he will speak at several events, focusing on the
Market Data and Economic Indicators Weekly Performance Sep 21, 2018 Sep 14, 2018 PKR InterBank 124.2470 124.24650 KSE100 Index 41,320.13 40,920.31 Avg Daily Volume 156,813,137 138,958,464 Gold (Karachi) Rs/10 gm 50,754 50,840 KIBOR 6M
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