Jun 17, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 3.38% during the week ended Jun 16, 2022 while the SPI increased by 27.82% compared to the
June 17, 2022 (MLN): To combat the shortfall between the supply and demand of the electricity, the government of Sindh on Friday announced an energy conservation plan as per which all the markets
June 17, 2022 (MLN): The inflow of foreign direct investment (FDI) into Pakistan in May 2022 stood at $141.2 million against the inflow of $170.6mn recorded in April 2022, the monthly data released
June 17, 2022 (MLN): After touching a record high level last month, Pakistan’s textile exports witnessed a fall of 5.6% in the month of May 2022 to $1.64 billion, while sustaining above the
June 17, 2022 (MLN): The import bill of oil was recorded at $2.65 billion in May 2022, 2.23x higher than May 2021, touching a historic high of $19.67bn, up by around 99% YoY
June 17, 2022: To reduce Sino-Pak trade deficit and boost trade facilitation, a research on China-Pakistan quality infrastructure establishment and connectivity was initiated recently by the Development Research Center, State Administration of Market
June 17, 2022: Target has been set to provide gas to approximately 736,060 new consumers during the next fiscal year 2022-23 across the country but subject to approval/revision by the Oil and Gas
June 17, 2022 (MLN): Financial Action Task Force (FATF) will announce decision of keeping or removing Pakistan from grey list in last week of July after making “onsite-visit” to Pakistan, Sources from Finance
June 17, 2022 (MLN): Now, once again, the time has come when all eyes are on Financial Action Task Force (FATF)’s plenary meeting where the chances are high for Pakistan to get out
June 17, 2022 (MLN): Environmental crime is one of the most profitable criminal enterprises, generating around USD 110 to 281 billion in criminal gains each year, a report by FATF noted. It covers a
June 17, 2022 (MLN): In a move to meet the gas requirement of the country, Pakistan LNG Limited (PLL) has invited bids to import LNG from international suppliers to ship four cargoes next
Jun 17, 2022: The Bank of Japan on Friday stuck to its monetary easing policy even as other central banks raise interest rates to tame inflation, but said it would “pay due attention”
June 17, 2022: Treasury Management Division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Ready Transaction Rates Currency Symbol TT Selling TT Buying US DOLLAR USD 208.15
June 17, 2022: Asian markets mostly fell Friday after another hefty drop in New York and Europe as central bank interest rates hikes to counter soaring inflation fan fears of a recession. All
Junw 16, 2022: Minister for Board of Investment and Special Initiative, Chaudhry Salik Hussain on Thursday said invited the Developing-8 countries for exploring the investment opportunities in Pakistan Special Economic Zones (SEZs). The
January 15, 2022: Pakistan has assumed chairmanship of the Group of 77 and China (G-77) for the year 2022 on January 14, 2022, a press release said. Foreign Minister Makhdoom Shah Mahmood Qureshi presided over
January 14, 2022: Intensifying its ongoing crackdown against smuggling, Model Customs Collectorate, Gwadar and Pakistan Navy, in a joint open-sea operation, confiscated a huge cache of foreign smuggled liquor, said a press release issued today.
January 14, 2022 (MLN): The business community has expressed reservations on various tax measures taken by the government through mini-budget approved by the National Assembly a day earlier, a press release said today. The leadership
January 14, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group witnessed a drop of 0.43% for the current week ended January 13, 2022, weekly data released by the Pakistan Bureau of
January 14, 2022 (MLN): Workers’ remittances rose to $15.8 billion during 1H of FY22 which was 11.3% higher compared to the same period last year, Central Bank data showed today. During the month of December
January 14, 2022: Indus Motor Company (PSX: INDU) launches its all-new Taglon Supreme SP/GF-6A 0W-20 Engine Oil formulated specifically for Gasoline and Hybrid Vehicles, a press release said today. Amongst the attendees of the launch ceremony
January 14, 2022: Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) has taken various steps to address the complaints of Overseas Pakistanis timely aiming at to facilitate them as soon as possible, an official
January 14, 2022 (MLN): Private sector credit offtake during Jul-Dec FY22 reached Rs1,013 billion against Rs344.17 billion in the same period last year, up by 2.9x YoY, SBP data showed. The growth in private sector
January 14, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs479.5 billion into the market for 7 days at 9.95 percent. Summary of OMO Result
January 14, 2022: Minister for Energy Hammad Azhar Friday said the government has brought the much-needed reforms to streamline the matters related to pricing of the imported gas for the domestic sector, new electricity generation contracts
January 14, 2022: The privatization of House Building Finance Corporation (HBFC) will be finalized by the June of this year, Ministry of Privatization informed the Senate Standing Committee on Privatization in a meeting held under
January 14, 2022 (MLN): The National Electric Power Regulatory Authority (NEPRA) on Thursday raised electricity tariff by Rs4.3 per unit for consumers of Ex-Wapda Distribution Companies (XWDISCOs) under Fuel Charges Adjustment (FCA) for the month
Jan 14, 2022: The newly-elected Foreign Minister of Canada Mélanie Joly called Foreign Minister Makhdoom Shah Mahmood Qureshi Thursday and discussed bilateral and regional issues. During the call, the Foreign Minister congratulated her on her
January 14, 2022: Pakistan's economy remains on a relatively “robust recovery path”, the United Nations said in its flagship World Economic Situation and Prospects (WESP) report. “After an economic expansion of 4.5 per cent in 2021,
January 13, 2022: The National Assembly on Thursday passed the State Bank of Pakistan Act, 1996 [The State Bank of Pakistan] (Amendment) Bill 2021 after clause-by-clause reading with majority vote, rejecting all the amendments tabled
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