October 28, 2019: Adviser to Prime Minister on Commerce, Industries and Investment Abdul Razak Dawood on Monday said that the government has been giving priority to connect the local economy with major potential
October 28, 2019: The Asian Development Bank (ADB) has approved a $75 million loan for a project that will help improve the quality, accessibility, and gender responsiveness of the secondary education system and
October 28, 2019: Asian markets rallied Monday after China and the US said they were close to agreeing on a mini trade deal, but the pound extended losses on fresh Brexit uncertainty while
October 27, 2019 (MLN): Apart from political uncertainty that weighed on Pakistan economy, the departed week remained satisfactory from an economic perspective. The highlights of some of the important economic events and policy-oriented
October 27, 2019 (MLN): The financial snapshot of the country was brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI)
October 26: The Securities and Exchange Commission of Pakistan (SECP) has undertaken some vital reforms to shorten the time involved in starting a business, measures for protecting minority investors and resolving insolvency. These
Oct 26, 2019: Wall Street finished a solid week on an upbeat note Friday as the S&P 500 flirted with a record following upbeat comments from US trade officials about progress in China
October 25, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.37.11 billion during the week ended October 18, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020
October 25, 2019 (MLN): The government of Pakistan has retired Rs.16.77 billion during the week ended October 18, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.225.37 billion.
October 25, 2019: The gold imports into the country decreased by 3.37 percent during the first quarter of the current fiscal year (2018-19) as compared to the corresponding period of last year. Pakistan
October 25, 2019: A delegation of the US investors has announced to invest one-hundred million dollars in the tourism sector of Pakistan. The announcement was made during meeting between the US delegation and
Oct 25, 2019: Sterling struggled to bounce back from losses owing to renewed Brexit uncertainty after Boris Johnson proposed a general election to resolve the long-running saga, while Asian markets were mostly down
Oct 25, 2019: European stock markets were mostly higher on Thursday after the European Central Bank (ECB) left its key borrowing rates unchanged — as expected — at its regular policy meeting. Stock
October 24, 2019: Adviser to Prime Minister on Commerce, Textile, Industry and Investment Razak Dawood has said that up-gradation of railway track would open more job opportunities in the country. The industry and
October 24, 2019 (MLN): The Banking sector spread for September 2019 increased by 27 basis points (bps) over the month which brings its latest value to 6.17% as compared to prior month's spread
Government missed the fiscal deficit target of 4.1 percent set for 2017-18 as the deficit reached nearly 6.6 percent of the gross domestic product because of higher spending. According to the figures posted on the
Information Minister Fawad Chaudhry, while briefing a press conference after the Federal Cabinet meeting chaired by Prime Minister Imran Khan said that the government is now banning the use of discretionary funds at the disposal
A 10-member delegation of Pakistan Furniture Council (PFC) will participate in Inter textile Shanghai fair starting from August 27 at Shanghai, China to showcase their products to attract foreign buyers and investors. PFC Chief Mian Kashif
The five fully featured National Incubation Centers, established across the country, has so far helped startups raise an investment of about Rs. 2.84 billion and created more than 890 jobs. National Incubation Centers (NICs) have
Pakistan Readymade Garments Manufacturers and Exporters Association's Chief Coordinator (PRGMEA) Ijaz A. Khokhar on Friday said that the multi-pronged strategy of Prime Minister Imran Khan could steer the country away from serious economic problems. He
The National Bank of Pakistan (NBP) signed two Memorandum of Understanding agreements with Mobi Direct, enabling NBP to become a consortium member and settlement bank for the firm as well as for using Mobi Direct’s digital
The Central Directorate of National Savings (CDNS) has achieved Rs.16 billion savings by the second month of the first quarter of the current fiscal year, from July 1 to August 20, 2018. The CDNS has set Rs.210
Petroleum Minister, Sarwar Khan, while speaking to local media on Friday, said that the price of petroleum products in Pakistan would from now onwards be in line with the international prices of these products. He
The Federal Cabinet of the government of Pakistan is set to meet today, Friday, August 24, 2018 under the Chairmanship of the new Prime Minister Imran Khan. The Cabinet, among, other things, would discuss the
Moody's Investors Service says the fallout from the correction in Turkey's (Ba3 negative) exchange rate and asset prices highlights again the external vulnerability and sensitivity to a rise in the cost of debt of some
WASHIGNTON, Aug.21: Repairing US-Pakistan relations would be a win-win for both countries as both have shared interests in the regional stability and promoting nuclear deterrence in South Asia, said a news report on Tuesday, urging
Central Directorate of National Savings (CDNS) with an entrust to inculcate the habit of thrift among masses and as an important tool towards financial inclusion has yet again attained an international recognition for BEST FINANCIAL
According to data released by the Pakistan Bureau of Statistics, the over-all output of LSMI increased by 5.38% for July-June, 2017-18 compared to the corresponding period last year. The LSMI output increased by 0.51% for
Cost of petroleum imports has fallen down by 15.33% in July as the country imported petroleum related commodities worth $1.27 billion during that month. A month before that, during June 2018, the value of petroleum
Investors have demonstrated mixed sentiments today as the benchmark KSE – 100 index opened over 160 points above the previous closing but failed to sustain that direction, falling sharply during the first few hours to
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