June 26, 2022: The amended Finance Bill will incorporate some tangible measures to facilitate the exporters of IT and IT-enabled Services (ITeS). According to a statement issued by FBR, the sector has been
June 26, 2022: The Ministry of Planning Development & Special Initiatives is all set to host Turn Around Conference (TAC) with an objective of gathering the nation together to find solutions to the
June 26, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The Weekly Sensitive Price Indicator
June 26, 2022: SBP welcomes the Federal Shariat Court’s Judgement of April 28, 2022 on Riba case, as has already been done by the Honorable Finance Minister. In particular, we appreciate the substantive
Market Data and Economic Indicators Weekly Performance 24-Jun-22 17-Jun-22 PKR InterBank 207.48 208.75 KSE100 Index 41,051.79 42,140.76 Avg Daily Volume 299,926,840 174,029,745 Gold (Karachi) Rs/10 gm 24 Kt 122,295 123,335 KIBOR
June 24, 2022: Mr. Shabbir Mansha, Acting President FPCCI has categorically denounced the imposition of a 10 percent super tax on large industries; which already pay hefty corporate tax of 29 percent and generate
June 24, 2022: Prime Minister Shehbaz Sharif on Friday directed that the ongoing development projects of water, electricity, and infrastructure in Gwadar should be completed in the stipulated time. He was presiding over
June 24, 2022: Federal Minister for Finance, Miftah Ismail on Friday said that the coalition government was working hard to enhance the production of electricity and would install 4,000-6,000 megawatts of solar energy
June 24, 2022 (MLN): To facilitate taxpayers in payment of duties and taxes, the Federal Board of Revenue (FBR) on Friday directed the all Large Tax Offices (LTOs), Medium Tax Office (MTO), Corporate
June 24, 2022 (MLN): The Cabinet Committee on Privatisation (CCoP) under the chairmanship of Federal Minister for Finance and Revenue Mr Miftah Ismail on Friday welcomed the prospect of the revival of Pakistan
June 24, 2022: Minister for Finance and Revenue Miftah Ismail on Friday said that the government had decided to withdraw withholding tax and condition of statements in the IT sector. Winding up the
June 24, 2022 (MLN): State Bank of Pakistan (SBP) has received $2.3 billion loan from Chinese consortium, Finance Minister Miftah Ismail informed on Friday. In his Tweet, he said, “I am pleased to
Jun 24, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.01% during the week ended Jun 26, 2022 while the SPI increased by 28.05% compared to the
Jun 24, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday approved Rs 5.27 per unit increase in tariff for April under monthly fuel cost adjustment (FCA) for consumers of K-Electric. The
June 24, 2022: Central Power Purchasing Agency (CPPA-G) has sought a Rs7.96 per unit increase in power tariff for May under the monthly Fuel Cost Adjustment (FCA) mechanism. According to the petition submitted
January 27, 2022: The number of 3G and 4G service users in Pakistan has significant increased and reached 108 million by end of December 2021, as per detail available at the official site of the
January 27, 2022: IBA Centre for Entrepreneurial Development (CED) and Topline Securities have signed an MoU to promote entrepreneurship and empower small businesses in Pakistan, a press release said today. Topline Securities, one of Pakistan’s
January 27, 2022 (MLN): The new waves of infection would expose the relative fragility of Pakistan’s health systems and in the event of further lockdowns or shocks to external demand, the economy would have comparatively
January 26, 2022: The State Bank of Pakistan (SBP) in collaboration with Multan Chamber of Commerce & Industry (MCCI) organized a two-day SME Mela on January 24-25, 2022, said a press release issued on Wednesday.
January 26, 2022 (MLN): Minister of Trade of Sri Lanka, Dr Bandula Gunawardhana expressed a keen desire to expand cooperation with Pakistan in diverse areas of trade and ICT during his visit to the Ministry
January 26, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs729 billion, against its target of Rs650bn. Despite SBP’s enough injection
January 26, 2022 (MLN): Minister of Energy Hammad Azhar on Wednesday said that 70% of smartphones are now assembled in the country after the launch of Mobile Manufacturing Policy adding the government's next step is
January 26, 2022: The ambassador of Azerbaijan Khazar Farhadov invited the business and industrial community of Karachi to look into the possibility of investing in the Alat Free Economic Zone (AFEZ) while exchanging views at
January 26, 2022: The Competition Commission of Pakistan (CCP) has initiated an enquiry into the suspected cartelization by Primary Dealers (PDs) in the recent auctions of Market Treasury Bills (T-bills) carried out by the Government
January 26, 2022: Federal Minister for Finance and Revenue, Shaukat Tarin said Wednesday that despite four big crises the country had to face during the past three-and-half years, the economy has been heading in the
January 26, 2022 (MLN): Pakistan obtained fresh external loans of $9.43 billion in the first half of the ongoing fiscal year i.e., July- Dec FY22 from multiple financing sources including $3bn time deposits from Saudi
January 26, 2022 (MLN): The International Monetary Fund (IMF) executive board will now meet on February 2, 2022, for Pakistan's sixth review under the Extended Fund Facility (EFF), the IMF board’s updated calendar showed recently.
January 25, 2022 (MLN): The discussions coupled with the analysis of every factor before the Monetary Policy Committee (MPC) meeting always grabbed the attention of market participants and build their expectations accordingly. However, this time, the State Bank
Jan 25, 2022: The Federal Board of Revenue (FBR) on Tuesday decided to unfreeze the bank accounts of Pakistan International Airlines (PIA). According to spokesperson PIA, the decision was taken during the meeting which was
January 25, 2022 (MLN): Federal Board of Revenue (FBR) on Tuesday, has made amendments in its Anti-Money Laundering and Countering Financing of Terrorism Regulations for Designated Non-Financial Business and Professions (DNFBPs) to reveal new restrictions.
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