March 11, 2022: The IMF expects to cut its global growth estimate due to the economic damage caused by Russia's invasion of Ukraine, Managing Director Kristalina Georgieva said Thursday. “You all see the
March 11, 2022: US consumer prices hit a new 40-year high last month as the world's largest economy continued to be battered by a surge of inflation. The consumer price index (CPI) was
March 10, 2022: Euro zone bond yields soared on Thursday after the European Central Bank said it plans to end bond buying in the third quarter, as surging inflation outweighs the risks to
Mar 10, 2022: National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs 5.94 per unit increase in power tariff for January under monthly fuel cost adjustment (FCA) mechanism. The Authority announced the
March 10, 2022 (MLN): Pakistan’s retail sector contributes 18% of the GDP, employ 16% of the workforce, said Razzak Dawood Commerce Adviser Razzak Dawood in 1st Future of Retail Business Summit (FOR2022) jointly
March 10, 2022 (MLLN): Workers’ remittances have shown a growth of 7.6% YoY to $20.1 billion during the eight months of FY22 compared to the same period last year, latest data issued by
March 10, 2022 (MLN): The sale of passenger cars witnessed a rise of 6% MoM during February 2022, clocking in at 18,054 units as opposed to 16,985 units sold in January 2022, the
March 10, 2022 (MLN): Private Sector borrowing during the Jul-Jan FY22 period reached Rs7.6 trillion against Rs6.48tr in the same period of the corresponding year, up by 17.28% YoY, the Central Bank data
Mar 10, 2022: Central Directorate of National Savings (CDNS) on Thursday achieved Rs730 billion fresh deposits in the last seven months of current fiscal year 2021-22 from July 1st to March 8th. The
Mar 10, 2022: MG Motors Pakistan, a joint venture between JW-SEZ Group and SAIC Motor, is building a 260,000-square-meter manufacturing plant in Lahore's Special Economic Zone, which is expected to be officially opened
March 10, 2022 (MLN): The Small and Medium Enterprise (SME) exporters feel handicapped due to lack of Export Credit Guarantee (ECG) therefore, a full-fledged export credit guarantee is needed to cover losses due
March 10, 2022 (MLN): The first shipment of 18 MT of Halal meat from Pakistan has been dispatched from Karachi to Tashkent, Uzbekistan, Adviser to PM for Commerce and Investment said today. It
March 10, 2022 (MLN): The war in Ukraine and Western sanctions against Russia are significant shocks for CIS+ sovereigns, Fitch Ratings said in its latest report. Direct exposures to Russia’s economy and contagion
March 09, 2022: Federal Minister for Finance and Revenue Mr Shaukat Tarin has asked the relevant authorities to analyze and estimate the wheat stocks closely while presiding over the meeting of the National
March 09, 2022: Federal Minister for Finance and Revenue Mr Shaukat Tarin appreciated the investment and development banking activities of Pak-Kuwait Investment Company during a meeting with Mr Mohammad A. M. Al-Fares, Chairman
October 4, 2021: A flagship initiative of the present Government, the Kamyab Pakistan Program (KPP), will be inaugurated by the Prime Minister on 04 October 2021. In line with the vision of the Prime Minister
October 4, 2021: Minister for Finance and Revenue Shaukat Tarin says the government is focusing to enhance exports to its maximum level which will further stabilize the economy. In an interview with a private news
October 3, 2021 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic
October 2, 2021: In response to Karachi Chamber’s concerns expressed over Amendment in tax laws through Tax Laws (Third Amendment) Ordinance 2021, Federal Minister for Finance & Revenue Shaukat Tarin has assured that the Ministry
October 1, 2021: Federal Minister for Finance & Revenue, Mr. Shaukat Tarin, inaugurated the much-awaited Track & Trace System of the Federal Board of Revenue (FBR) on Friday here at Pakistan Tobacco Company Jhelum. This
October 01, 2021 (MLN): Overseas investors purchased net securities worth Rs123.2 million during the week ended September 24, 2021, whereas last week, the accounts observed a net sale of Rs.645.05 million. According to a weekly
October 1, 2021 (MLN): The National Consumer Price Index for September 2021 is increased by 2.12% over August 2021 and increased by 8.98% over the corresponding month of the last year i.e. September 2020. The
October 1, 2021 (MLN): Saudi Arabia has affirmed financial support worth $3.6 billion to Pakistan to buy petroleum products or crude oil. While talking to the media, Finance Minister Shaukat Tareen said that the Pakistan
October 01, 2021: Federal Minister for Finance and Revenue, Shaukat Tarin here on Friday reiterated that the government was absorbing impact of the decade’s highest price-hike at international level to provide relief to people through
October 01, 2021: Prime Minister Imran Khan on Friday directed the authorities concerned to take steps to exploit the full potential of exports diversification in the salt and pharmaceutical sectors. Chairing a meeting of National
October 1, 2021 (MLN): Premier Motors Limited (PML), a license assembly partner of the German auto giant, Volkswagen Group, will launch Skoda Crossovers, SUVs and Volkswagen premium cars in Pakistan which are expected to be
October 1, 2021 (MLN): The government on Thursday decided to increase the price of petroleum products by up to Rs8.82 per litre owing to the fluctuations in Petroleum prices in the international market and exchange
October 01, 2021: All Pakistan Textile Mills Association (APTMA) Patron in Chief Gohar Ejaz Thursday hoped to achieve the current year’s textile export target of US$ 21 billion. He was addressing the annual general meeting
October 01, 2021: The Economic Coordination Committee (ECC) of the Cabinet Thursday approved the summary presented by the ministry of national food security and research regarding the award of the fifth international wheat tender to
October 01, 2021: Federal Minister for Industries and Production Khusro Bakhtiar Thursday said the government would launch an SME policy next month with focus on productivity enhancement and competitiveness of Small and Medium Enterprises (SMEs)
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