October 31, 2019: Economic growth in the eurozone remained at a weak 0.2 percent in the third quarter and inflation fell in October, underlining the risk of stagnation in the 19-nation single-currency bloc.
October 31, 2019: The first private shipment, carrying around 130,000 cubic meter Liquefied Natural Gas (LNG), is likely to arrive at Karachi port by end of this month, Chief Executive Officer of Universal
October 31, 2019: The Ministry of Overseas Pakistanis and Human Resource Development sent abroad as many as 61,789 Pakistanis for multiple job assignments during the current month. The export of manpower has risen
October 31, 2019 (MLN): Since its inception, Pakistan has persistently relied on domestic and external resources to cover the increasing fiscal and external sector deficit. One apparent consequence of this unceasing borrowing was
October 31, 2019 (MLN): The State Bank of Pakistan recently released a comprehensive report on the state of economy, which also provided some insight regarding the Monetary Policy and Inflation. According to the
October 31, 2019: As a major move towards addressing the challenge of access to finance to farming community, State Bank of Pakistan has amended its Prudential Regulations of Agriculture Financing, SME Financing, and
October 31, 2019: World Bank President David Malpass arrives in Islamabad today on a two-day visit to Pakistan. He will hold talks with the Pakistani leadership and discuss means to strengthen the
October 31, 2019: Prime Minister Imran Khan has said facilitating the small farmers is amongst the foremost priorities of the present government. He was chairing a meeting in Islamabad on Wednesday which reviewed
Oct 31, 2019: Most Asian markets were mixed Thursday after the Federal Reserve cut interest rates again and data showed the US economy remained “resilient”, though gains were tempered by the bank's indication
October 30, 2019 (MLN): In a widely expected move, the Federal Open Market Committee (FOMC) has decided to cut its benchmark fund rate by 25 basis points to between 1.5% and 1.75%. This
Oct 30, 2019: The Economic Coordination Committee (ECC) of the Cabinet had given a go-ahead for release of 650,000 tonnes of wheat from PASSCO stocks to the provincial governments of Khyber Pakhtunkhwa (KP),
October 30, 2019: The Government and traders have reached an agreement and deferred condition of CNIC on sales and purchase till 31st January of the next year. Enumerating main points of the agreement,
October 30, 2019: Oil and Gas Regulatory Authority (OGRA) Wednesday forwarded a price-revision to the Petroleum Division to determine rates of petroleum products for November. As per the summary, the authority has suggested
October 30, 2019: The Securities and Exchange Commission of Pakistan (SECP) Wednesday warned the public against investing in “FS Links (SMC-Private) Limited”, which had been trying to trap innocent people through social media
October 30, 2019: National Electric Power Regulatory Authority (NEPRA) Wednesday adjourned a public hearing into the petition filed by Central Power Purchase Agency Guarantee Limited (CPPA-G) for power tariff hike under monthly fuel
Rawalpindi Islamabad Tax Bar Association (RITBA) on Wednesday demanded a new tax amnesty scheme which will help government bride the growing deficit. The scheme announced by the former government was not availed by many due to political
Islamabad Chamber of Small Traders on Wednesday said that the business community supports the decision of the government to probe the LNG import deal and make all of its details public. The former government has
The government of Pakistan has decided to defer the increase in gas prices, which was to be decided in the meeting of the Economic Coordination Committee scheduled for Wednesday August 29, 2018. Due to the
The World Bank today said it was ready to support the reform plans of the new government in Pakistan that are needed to stabilize the economy and accelerate growth to end poverty and boost prosperity.
According to a statement released by Pakistan Bureau of Statistics, the export value of fruits and vegetables during July 2018 has taken a leap of 81.65% and 21.58% respectively, on year-on-year basis. PBS revealed that
The National Electric Power Regulatory Authority (NEPRA) on Wednesday, approved 36 paisa per unit increase in power tariff for July under monthly fuel adjustment formula. The Central Power Purchase Agency Guarantee Limited (CPPA-G) has sought
Foreign Minister Makhdoom Shah Mahmood Qureshi Wednesday called for the need to promote trade and economic linkages and greater people to people contacts with the United Kingdom. Talking to British High Commissioner to Pakistan Thomas
Pakistan Railways is planning to utilize 10,913 acres barren land across the country by executing various projects, in order to earn more revenue for the department. “Pakistan Railways has 8,424 acres barren land in Punjab,
The district excise and taxation department is tightening noose around tax evaders, recovering a total of Rs.14.50 million which exceed target of Rs.10 million during the last month. Talking to media, the Excise and Taxation
Pakistan State Oil (PSO), the Karachi based state-owned petroleum corporation, claims Rs 328 billion in debt from various companies. The oil marketing giant is on the verge of a default due to such high receivables
Market sentiment is looking bearish so far as the benchmark KSE – 100 index is currently trading at 42,442 points, having shed 102 points. As of now, intraday high has been recorded at 42,628 points
According to the Ministry of Finance, Dr Muhammad Jahenzaib has been appointed as the new chairman of Federal Board of Revenue. Mr. Jahanzaib was working as secretary at board of investment.
ISLAMABAD, 28 AUGUST 2018: The Competition Commission of Pakistan (CCP) has issued an interim order directing a Lahore-based cafe, Options International (SMC-Pvt.) Limited, to immediately stop using “STARBUCKS” logo in the advertising material for its
Investors demonstrated bearish sentiments as the 100 index opened the day below the previous closing and took a nosedive during the final hours, shedding 201 points to settle at 42,544 points by the day end.
Advisor to Prime Minister on Commerce, Textiles, Industries production and Investment, Abdul Razzaq Dawood said Tuesday that the incumbent government was determined to promote regional trade and export-led growth of economy. “Promotion of regional economic
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