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
October 24, 2019: Prime Minister Imran Khan on Thursday expressing satisfaction over the improved World Bank rating of Ease of Doing Business (EODB) by 28 notches said Pakistan by the end of 2020
October 24, 2019: Tea imports in the country during first three months of current financial year reduced by 31.05% as compared the imports of the corresponding period of last year. During the period
October 24, 2019 (MLN): The imports of commodities within the transport group stood at $217 million during the month of September 2019, signifying an increase of 26.3% over the previous month and decline
October 24, 2019: Federal Minister for Economic Affairs Hammad Azhar says Pakistan is committed to complete all the points in action plan of Financial Action Task Force by next year. Addressing a news
October 24, 2019 (MLN): The enactment of six regulatory reforms has landed Pakistan among the world’s top 10 business climate improvers, the World Bank Group’s Doing Business 2020 study says. Due to a
Oct 24, 2019: Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to
Oct 23, 2019: The pound firmed against the dollar and euro on Wednesday as the European Union prepared to grant a further delay to Brexit, averting the prospect of Britain departing the bloc
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
Rafique Suleman, Senior Vice Chairman, Rice Exporters Association of Pakistan (REAP) has drawn the attention of Syed Murad Ali Shah, Chief Minister of Sindh towards the prevailing severe condition of the rice export sector. He
Current account deficit for the month of July 2018 has reached $2.2 billion, an increase of 11.3% over the deficit recorded in the prior month, according to data released by the State Bank of Pakistan on
Rice exports were valued at $110.9 million in July 2018, down by 24.62% over the previous month when export of rice was valued at $147.2 million. Compared to the corresponding month of last year, rice
Export of textiles have dropped down to $1 billion in July, a 16.09% drop in value over the $1.19 billion in exports recorded during the previous month. Compared to the corresponding month of the last
Total energy generated during July 2018, the first month of the new financial year, has jumped to 13,397 GWh, up from 12,117 GWh generated in the month before that. Overall, electricity generation in July has
Tarbela Dam today filled to its maximum storage level of 1550 feet above mean sea level. It is worth mentioning that 6.047 MAF water to the tune of maximum live storage capacity of Tarbela has
To meet the global challenges and international competitiveness effectively the Board of Investment (BoI) requires help and assistance from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in framing a robust investment policy
ISLAMABAD, Aug 18: The Engineering community underlined the need of properly exploiting hydro-power as renewable energy source, to overcome the on-going crisis of electricity shortage. At a seminar (technical session) held here on Saturday at
Market Data and Economic Indicators Weekly Performance Aug 17, 2018 Aug 10, 2018 PKR InterBank 124.05 123.9215 KSE100 Index 42,446.62 42,842.18 Avg Daily Volume 161,211,843 208,207,334 Gold (Karachi) Rs/10 gm 46,596 46,982 KIBOR 6M
ISLAMABAD, August 18: Senior environmentalist Zabardast Khan Bangash said Pakistan is contributing only 0.8 per cent to the global emissions contributing to climate change. Addressing a seminar on “Climate change a global emerging issue and
Caretaker Finance Minister, Dr. Shamshad Akhtar Friday here on expressed Pakistan’s commitment to fully cooperate with Asia Pacific Group (APG) and Financial Action Task Force (FATF) and support the delegation to complete its task of
ISLAMABAD, Aug 18: Imran Khan Saturday took oath of his office as the next Prime Minister of Pakistan, culminating his 22-year long grueling struggle against the ruling corrupt mafias, with a pledge to hold strict
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