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
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 the month of November. As per the summary, the
October 30, 2019: Pakistan’s imports from India dropped by 39.47 percent during the first quarter of the current financial year 2019-20, after downgrading of trade relations between the two countries since August this
October 30, 2019 (MLN): The Federal Board of Revenue has published statistics on market tax filers today, according to which in Karachi markets around 85000 have been registered as filers at Tariq Road,
October 30, 2019: World Bank Group President David Malpass will arrive in Islamabad on Wednesday, October 30, 2019 for a three-day visit, his first trip to Pakistan since assuming World Bank Group leadership
October 30, 2019: Pakistan and Cuba have agreed to enhance bilateral cooperation in pharmaceutical, herbal medicine and biotechnology. The agreement was reached at a meeting between Foreign Minister Shah Mahmood Qureshi and Cuban
October 30, 2019: Minister for Economic Affairs, Hammad Azhar has said that the government is implementing a mechanism to wipe out money laundering and suspicious transactions. Talking to a private news channel, he
October 30, 2019: Prime Minister's Advisor on Finance Dr. Hafeez Sheikh has directed immediate payment of payable refunds of two billion rupees to textile exporters. Talking to a delegation of textile exporters in
October 30, 2019: Asian markets slipped Wednesday as traders play a wait-and-see game ahead of the Federal Reserve's latest policy decision, with expectations for another interest rate cut but focus also on its
October 30, 2019 (MLN): Savings mobilisation by the National Savings Schemes (NSS) during 1QFY20 portrays a rather different picture, as it witnessed the withdrawal of Rs 62.9 billion. The negative savings during the
October 30, 2019 (MLN): Profits and dividends repatriated by multinational companies operating in Pakistan during 1QFY20 increased to $349.2 million from $347.6 million in the same period last year. This marginal increase by
October 29, 2019 (MLN): Pakistan’s access to the internet was hampered due to technical issues affecting submarine cables. According to statements issued by PTCL and other internet service providers, outages have been observed
October 29, 2019: Prime Minister's Adviser on Finance Abdul Hafeez Shaikh says talks with traders are underway to bring positive results. Talking to media in Islamabad on Tuesday, he said economic growth of
October 29, 2019: A meeting of the federal cabinet chaired by Prime Minister Imran Khan was held in Islamabad today, to discuss the overall political and economic situation of the country. During the
October 29, 2019: Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance & Revenue, has said the government is focused on implementation of the IMF programme. “The containment of current and
Foreign Minister Shah Mehmood Qureshi and his Bahraini counterpart Shaikh Khalid Bin Ahmed Al Khalifa agreed on Tuesday to reinvigorate economic and investment relations between their countries to boost the current bilateral trade volume of
Cotton crop output during the current season is expected to cross 14.23 million bales as the area under crop cultivation had witnessed over 2 percent increase during the period under review as compared the same
The non-tax revenues collected by the federal government were recorded at Rs.630,378 million during the fiscal year 2017-18, according to the data of Finance Ministry. Out of the total non-tax revenue, the mark up (provinces)
Minister for Finance, Revenue and Economic Affairs, Asad Umer on Tuesday told the Senate that the newly elected government would be taking steps to complete the process of the National Finance Commission Awards (NFC). Senator
Pakistan Steel Mills is to be revived as the newly elected government has started consultations on the matter, inviting suggestions in this regard from people belonging to all walks of life. According to sources close
After opening the previous two trading sessions in the positive zone, the capital markets snap back to a negative session start, as the benchmark KSE – 100 index began the day’s trading 15 points lower
The Economic Coordination Committee (ECC) of Pakistan is scheduled to meet on Wednesday August 29 in what is going to be the first meeting of the committee under the leadership of the new government. Finance
Foreign investors were seen to be net sellers in the capital markets for the week ending August 17, 2018, but with an over 20 percent reduction in net selling over the week ending August 10,
The Federal Minister for Finance, Revenue and Economic Affairs Asad Umar chaired a meeting to review the working of the Economic Affairs Division today. The Minister was given a detailed briefing on various aspects of economic
National Highway Authority (NHA) has collected Rs.2 billion by allowing commercial use of its right of way (ROW) during last fiscal year. The serious efforts of the NHA to increase its revenue could be gauged
Union of Small and Medium Enterprises (UNISAME) has invited the attention of Prime Minister Imran Khan to the need for the inclusion of its sector representatives in all advisory bodies of the state. According to
Pakistan Housing Authority (PHA) has completed 5,348 housing units across the country so far while 5,915 housing projects are still on going and will be completed in their stipulated time, said an official source related
The exports of sports goods from the country witnessed a decrease of 5.85 percent during the first month of the current fiscal year against the exports during same month of last year, Pakistan Bureau of
The production of petroleum products witnessed a 13.24 percent increase during the fiscal year 2017-18 as compared to the last fiscal year, Pakistan Bureau of Statistics (PBS) reported. The petroleum products that contributed in this
Debt and liabilities owed by state run organizations have soared sharply as these organization owe about a quarter more now then they did in the last fiscal year. The figure owed in this respect now
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