Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Govt fixes urea prices at Rs1,768 per bag

May 25, 2022 (MLN): The government on Tuesday has fixed the retail price of urea at Rs1,768 per 50-kilogram bag from the existing price of Rs1,900-2,000 per bag. As per the latest notification

National Assembly refers six bills to committees

May 24, 2022: The National Assembly on Tuesday witnessed the introduction of six bills which were referred to the relevant committees for further deliberations. The bills were moved by Syed Hussain Tariq, Kesoo

FBR to ensure strict vigilance at all airports

May 24, 2022: Pakistan Customs (FBR) has stepped up enforcement at all International Airports across Pakistan to prevent the smuggling of items which have recently been banned by the Federal Government vide SRO

MPS Review: Half Done

May 24, 2022 (MLN): Striving to fix the ongoing economic glitch while skipping the forward guidance, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has jacked up the policy

Cement: Nothing to get excited about

May 24, 2022 (MLN): Pakistan’s cement sector is likely to pay the price of prevailing micro/macro-economic, political and geopolitical scenarios in lower margins in the fiscal year 2022-23 as the country’s uncertain dynamics

Govt urged for withdrawing ST on hybrid seeds

May 24, 2022: Pakistan Hi-Tech Hybrid Seed Association (PHHSA) on Tuesday urged the government to withdraw 17% sales tax on hybrid seeds for boosting agriculture production in the country in order to ensure

SBP reduces auto financing period

May 24, 2022(MLN): The State Bank of Pakistan (SBP) on Tuesday revised prudential regulations for consumer financing, reducing the financing period for auto financing to trim rapid loan growth in the auto sector.

Green urbanization to reduce pollution impact

December 16, 2021: Green urbanization will help in reducing the adverse impacts of pollution and these models should be replicated in other cities of the country, stated Prime Minister Imran Khan while chairing a meeting

Pakistan, Bulgaria sign MoU on agricultural research

December 16, 2021: Ambassador of Pakistan to Bulgaria Mariam Aftab and Prof. Eng. Martin Banev President, Agricultural Academy of Bulgaria (AAB) on Wednesday signed an MoU on scientific and technical cooperation in the field of

OMCs’ margins jack up by Rs0.71 per litre

December 16, 2021 (MLN): The Oil & Marketing Companies’ (OMCs) margins have been increased by Rs0.71 per litre to Rs3.68, a notice issued by Oil & Gas Regulatory Authority (OGRA) said yesterday. While, the dealer

MPS review: Balancing act

December 15, 2021 (MLN): With an aim of getting the balance right to guard against inflation and ensure the longevity of economic growth, the Monetary Policy Committee (MPC) of the central bank yesterday delivered another

Prices of all petroleum products reduced by upto Rs7

Dec 15, 2021: Keeping in view the declining price trend in the international market, the federal government on Wednesday reduced the prices of all petroleum products with effect from December 16 for the next fortnight.

Govt unveils SME policy to promote inclusive growth

Dec 15, 2021: Federal Minister for Industries and Production, Makhdoom Khusro Bakhtiar unveiled the Small and Medium Enterprises (SME) policy today, with a special focus on promoting around 5 million businesses through facilitation in registration,

Bidding for PSM expected in March-April, next year: PC

December 15, 2021 (MLN): Federal Minister for Privatisation, Mohammedmian Soomro chaired a Privatisation progress review meeting in the Ministry today, wherein the minister was briefed about the matters relating to Pakistan Steel Mills Corporation (PSMC).

Krave Mart sees Pakistan’s largest early-stage funding

December 15, 2021 (MLN): Following the startup financing boom, Pakistan’s rapid delivery startup, Krave Mart has raised $6 million, the country’s largest early-stage funding, Bloomberg reported. The Karachi-based company, which guarantees deliveries in 10-minute, raised

SBP raises policy rate by 100bps to 9.75 percent

December 14, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on December 14, 2021, in Karachi, has decided to raise the policy rate by 100