October 23, 2019 (MLN): Pakistan’s exports performance has remained weak over the past few months as it only increased by 2% YoY to $ 6 billion during Jul-Sept 2019, as compared to the
October 23, 2019 (MLN): The overall output of LSMI decreased by 6.04% for July-Aug, 2019-20 compared to July-Aug, 2018-19. The LSMI output decreased by 7.06% for Aug 2019, compared to Aug 2018 and
October 23, 2019(MLN): Total Exports from Pakistan as per Balance of Payment (BOP) during the month of September 2019 amounted to $1.9 billion (provisional), as against $1.89 billion (restated) in August 2019 and
October 23, 2019: Adviser on Commerce Razak Dawood has asked the German companies to take advantage of investment opportunities in Special Economic Zones (SEZs). He was talking to German Ambassador Bernhard Schlagheck in
October 23, 2019: Ambassador of European Union to Pakistan Androulla Kaminara has said that Pakistan and European Union can launch joint ventures in various sectors besides textile. She stated this at Lahore Chamber
October 23, 2019: The pound extended losses Wednesday after Boris Johnson's failure to push through his Brexit deal fuelled fresh uncertainty, while Asian markets also ticked lower as investors took a step back
October 22, 2019 (MLN): With better economic conditions, the private sector seems to have increased its activities. The latest SBP data on advances classified by borrowers, backs the aforesaid statement, as the data shows
Oct 22, 2019: The pound slipped Tuesday awaiting key votes on Prime Minister Boris Johnson's EU withdrawal bill, but analysts said its downside was capped by broad optimism that a no-deal Brexit will
Oct 22, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 2.36% during the week ended Oct 17, 2019 while the SPI increased by 17.08% compared to the
October 22, 2019: The Central Power Purchase Agency Guarantee Limited (CPPA-G) has sought Rs 2.97 per unit increase in power tariff for the month of September under monthly fuel adjustment formula. In a
October 22, 2019: Europe's main stock markets mainly fell in opening deals on Tuesday, ahead of parliamentary votes on British Prime Minister Boris Johnson's withdrawal agreement bill. Investors kept one eye on Asia,
October 22, 2019 (MLN): The overall imports of Petroleum group during 1QFY20 witnessed 16.5% decline as compared to the corresponding period of the last year. During the period under review, the total imports
October 22, 2019 (MLN): Government’s efforts to document economy proving fruitful as the Central Directorate of National Savings (CDNS) Tuesday said that prize bonds worth Rs. 40,000 prize had witnessed immense conversion or
October 22, 2019 (MLN): Highlighting the macroeconomic imbalances in the past, Governor State Bank of Pakistan Reza Baqir, while speaking on Pakistan's economy at an international forum has said that the primary cause
October 22, 2019: A Chinese Company Shanghai Electric will invest an amount of four billion dollars at Thar Coal block one and will establish two power plants of 1320 megawatt of electricity there.
ISLAMABAD, August 17: The economic growth of the country is dependent on the inflows of foreign capital from international corporate sector and the SECP is keen to accommodate international companies though liberalization of stringent restrictions.
Foreign Direct Investments (FDI) coming into the country during the month of July 2018 have fallen down to $188 million, down 45% from last month as foreign investors had brought in $341.7 million worth of
The Government of Sindh is implementing historic Doing Business (DB) Reforms across different departments, said Chairperson, Sindh Board of Investment (SBI), Ms. Naheed Memon. She said this while chairing a progress meeting on implementation of
The stock market cracked its four day long negative streak as the index took an upside leap of 485 points to conclude the day at 42,446 points The benchmark KSE – 100 index opened the
Weekly inflation measured by the Sensitivity Price Indicator (SPI) for the week ended August 16, 2018 registered a 0.41% decrease for the combined income group this week, with the index recorded at 228.60 points compared to
In light of the $30 million projected cost of participation in EXPO-2020, Senior Vice President of the Federation of Pakistan Chambers of Commerce, Mr. Mazhar Nasir, recommended a revision in the cost of participation and
Pakistan and China have vowed to further strengthen and enhance bilateral cooperation in all mutually relevant areas, expressing satisfaction over the current level of cooperation between the two countries. The bilateral ties were discussed in
Amid concerns that Pakistan may have to resort to the International Monetary Fund (IMF) for a bailout package, it has been learned that IMF has not yet endorsed the country’s nominee for the post of
Pakistan has yet to pay around $9.3 billion for debt servicing in the Fiscal year 2019, according to sources in the Finance Ministry. The figure includes payments for both debt repayments and interest payments. These
The benchmark KSE – 100 index opened the day’s session in the red zone once again observing an overall downward trend throughout the day, and slipping below the 42,000 mark by the day end. The
Pakistan is committed to search new trade avenues in different regions of the world including, South America, Africa and South East Asian trade destinations, a senior official of the ministry of commerce told media sources
The government released Rs.58 million for the development of Integrated Transit Trade Management System (ITTMS) under the Public Sector Development Programme (PSDP) 2018-19. The ITTMS is being developed under the Asian Development Bank’s (ADB) Regional
Islamabad Chamber of Commerce and Industry (ICCI) President Sheikh Amir Waheed reminded Pakistan Tehreek-e-Insaaf (PTI) leader Asad Umer of the promise he had made to resolve the rent control act issue for the commercial markets
One of the biggest credit rating agencies in the world, Fitch Ratings, on Wednesday, said that incoming government will be under immediate pressure to arrest the deterioration in external finances and address fiscal challenges, while
Chief Justice of Pakistan Mian Saqib Nisar has made it clear that cement factories will not be allowed to use water from natural ponds. He made these remarks while hearing a case in Islamabad on
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