November 12, 2019: Federal Minister for Energy Omar Ayub on Tuesday said that the government was determined to introduce reforms in energy sector. The minister expressed these views during a meeting with Vice
November 12, 2019: The National Assembly was informed on Monday that the government is planning to generate 8000 megawatts of electricity through renewable energy by 2025. Replying to a question during Question Hour,
November 12, 2019: Asian markets were mixed in early trade Tuesday with investors keeping tabs on the latest developments in the China-US trade talks, while Hong Kong staged a minor recovery after the
November 12, 2019: President Dr Arif Alvi has said that due to increased business and entrepreneurship opportunities in Pakistan, foreign investors are taking interest to invest in different sectors. He said this while
November 12, 2019: Further strengthening the economic stability and providing facilitation to investors and the business community is the top priority of the government, said by Prime Minister Imran Khan. He was chairing
Nov 12, 2019: The government has decided to announce a package of Rs 200 billion for exporters to promote exports besides increasing production and job opportunities in the country, Advisor to Prime Minster
Nov 12, 2019: Stock markets mostly slid on Monday as traders reacted to fading US-China trade deal hopes, renewed unrest in Hong Kong, a stronger pound and political impasse in Spain. After heavy
November 11, 2019 (MLN): Prime Minister Imran Khan says the development of the construction sector is essential to accelerate the economic growth of the country. He was chairing a high-level meeting on restoration
November 11, 2019: European stock markets dropped at the open Monday following heavy losses in Asia as US-China trade deal hopes faced fresh uncertainty. London's benchmark FTSE 100 index dropped 0.5 percent to
November 11, 2019: South Korea's state-run economic think tank forecast Monday that global economic growth could slow to 2.9 percent this year due mainly to the ongoing U.S.-China trade dispute. The latest estimate
November 11, 2019 (MLN): A meeting of the Federal Cabinet will be held on Tuesday, i.e. November 12, 2019, with Prime Minister Imran Khan as the Chairman. According to an official notice issued
November 11, 2019: Pakistan Britain Business Council says Pakistan's economy is strengthening and improving due to the prudent economic policies of the incumbent government. Talking to APP in London, Chairman of the Council
Nov 11, 2019: Asian markets turned lower on Monday as another record close on Wall Street was overshadowed by uncertainty over the China-US trade talks, while Hong Kong was also hit by fresh
November 10, 2019 (MLN): The departed week remained satisfactory from an economic and political perspective. The highlights of some of the important economic events and policy-oriented developments over the week are: On Friday,
Market Data and Economic Indicators Weekly Performance Nov 08, 2019 Nov 01, 2019 PKR InterBank 155.4744 155.6539 KSE100 Index 35,978.16 34,377.61 Avg Daily Volume 258,173,846 166,330,845 Gold (Karachi) Rs/10 gm 74,374 75,317
Senate Special Committee on Water Scarcity was informed on Thursday that about 90 percent land acquisition process had been completed for construction of Diamer Basha Dam, having capacity to generate 4500 MW electricity. “About Rs.90
The government would revisit existing and proposed trade agreements with different countries in order to ensure an enabling environment for the promotion of Pakistan’s trade with international market, said Adviser to the Prime Minister on
Domestic production of vegetable ghee during FY-18, grew by 2.11 percent as compared to the production during FY-17, as during the period under review, about 1.3 million tons of ghee was manufactured to fulfill the
The government has so far released Rs224.920 million for various ongoing and new projects of Revenue Division under the Public Sector Development Programme (PSDP) for the current fiscal year (2018-19). The government in its Federal
Security Exchange Commission of Pakistan (SECP) has decided to allow United Bank Limited (UBL) to issue up to 59 million shares against conversion of Term Finance Certificates (TFC’S) other than right offering of UBL According
While addressing the traders after inaugurating a real estate office in Islamabad, Senior Vice President of Islamabad Chamber of Commerce & Industry (ICCI), Mr. Muhammad Naveen Malik beseeched the government to arrange the passage of
Pakistan’s financial system is under spotlight for its vulnerability towards terror financing, the repercussions of which were felt via the Financial Action Task Force (FATF)’s decision to include Pakistan among the grey-list of countries with
The transport services by Pakistan in other countries increased by 5.74 percent during the financial year 2017-18 compared to last year, Pakistan Bureau of Statistics (PBS) reported. Pakistan exported transport services worth $977.470 million in
A three-member delegation of the China Three Gorges South Asia investment Limited led by their President and CEO, Mr. Qin Goubin called on the Federal Minister for Finance, Revenue and Economic Affairs Asad Umar on
On Wednesday, the Senate Standing Committee on National Health Services, Regulation and Coordination probed the Drug Regulatory Authority of Pakistan (DRAP) to present the committee with their drug pricing policy as well as a complete
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded immediate withdrawal of increase in the prices of fuel, gas and electricity. Voicing severe concerns after the prime minister’s recent approval on price hike,
Exports were the saving grace for Pakistan’s cement industry in August as the domestic consumption plummeted by massive 13.73 percent which in fact was the first such decline in consumption in last three years. According
The National Savings Directorate has increased the rate of profit on different plans, which would be effective from September 1, 2018 on new issuance, with rate increases falling between one percent and 0.72 percent. Saving
Poland’s ambassador to Pakistan, Piotr A. Opalinskit has shown an interest in Pakistan’s agriculture, pharmaceutical and leather sectors while adding that his country is looking forward to joining CPEC, one of the largest infrastructure projects
The SECP has issued the Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) Guidelines for Non-Profit Organizations (NPOs), as part of its active pursuance of the implementation of anti-money laundering and counter-terrorist financing regime in its regulated
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