Mar 20, 2022: Energy giant Saudi Aramco said Sunday its 2021 net profit soared by more than 120 percent, due to higher crude prices, as global economic growth recovered from a pandemic induced
Mar 20, 2022: Prime Minister Imran Khan on Sunday congratulated the nation and residents of Balochistan province over a successful agreement for the development of Reko Diq mine by setting an investment of
March 20, 2022 (MLN): The highlights of the important economic and business events that took place during the last week are in order to become acquainted with the recent developments in Pakistan’s economic
March 20, 2022 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. Pakistan's current account deficit (CAD) fell
March 19, 2022: A consultative meeting was chaired by the Advisor to Prime Minister on Commerce and Investment, Mr Abdul Razak Dawood to discuss the trade trends for Financial Year 2021-22 (FY) at
Mar 19, 2022: Vice-President, Asian Development Bank (ADB), Shixin Chen during his five-day visit to Pakistan, reiterated ADB’s commitment to supporting Pakistan’s economic recovery from the coronavirus disease (COVID-19) pandemic and the country’s
March 19, 2022 (MLN): Pakistan's current account deficit (CAD) fell sharply by 78% to $0.5 billion in February 2022 from $2.53bn in January 2021, largely due to a decline in imports by 18%
March 18, 2022 (MLN): The latest data of Sensitive Price Index (SPI) and Large-Scale Manufacturing Index (LSMI) indicated that Pakistan is on sound economic footing, Minister for Finance and Revenue, Shaukat Tarin said
March 19, 2022: State Bank of Pakistan (SBP) together with banks held a Mela in Faisalabad today to increase awareness about the affordable housing financing scheme introduced jointly by the SBP and the
March 18, 2022 (MLN): Despite higher interest rate regulative curbs, automobile financing in Pakistan has increased by 1.3% MoM to Rs356.7 billion in February 2022, Central bank data showed today. Similarly, compared to
March 18, 2022: Large Scale Manufacturing Industries (LSMI) production grew by 7.6 percent during the first seven months of the current fiscal year (2021-22) as compared to the corresponding period of last year,
March 18, 2022 (MLN): Following the last four consecutive weekly jumps, the Sensitive Price Indicator (SPI) for the combined consumption group witnessed a decline of 1.37% for the week ended on March 17,
Mar 18, 2022: Japan's central bank chief said on Friday the country will likely reach its key two-percent inflation target as oil rates surge, but the bank will continue monetary easing policies because
March 18, 2022: Federal Minister for IT and Telecommunication Syed Amin Ul Haque Friday said that his ministry has invested about Rs57 billion to enhance connectivity and improve digital infrastructure to facilitate the
March 18, 2022 (MLN): The Ombudsman in Sindh has called upon Excise & Taxation Motor Registration Department officials on March 22, 2022 for the issuance of Number Plates of Motorcycles, Cars and Commercial
October 11, 2021: H.E President Dr. Arif Alvi expressed the hope that Non-Resident Pakistanis (NRPs) living in UAE would take maximum advantage of the State Bank’s Roshan Apna Ghar scheme and use it to fulfill
October 11, 2021 (MLN): The government on Friday called the World Bank's (WB) assessment of easing Pakistan's GDP growth forecast to 3.5% as “unrealistic”. Ministry of Finance (MoF) in its detailed response issued against a
October 10, 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 10, 2021: Galaxy Racer, the world’s fastest-growing eSports company, takes a massive leap by signing a Memorandum of Understanding (MoU) with the newly established Special Technology Zones Authority (STZA) in the presence of Honorable
October 9, 2021 (MLN): The first leg of ongoing technical level talks between the government and the International Monetary Fund (IMF) for the resumption of the $6 billion Extended Fund Facility (EFF) has concluded on
October 8, 2021: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while strongly criticizing SSGC for shutting down gas to industries for 72 hours, demanded to immediately
October 8, 2021: Mian Nasser Hyatt Maggo, President FPCCI, has expressed his profound concerns over yet another gas supply suspension for 72 hours for the industrial areas of Sindh and Balochistan. It will bring many
October 8, 2021: Cabinet Committee on Energy (CCoE) approved the summary submitted by the Ministry of Maritime Affairs on the Report of the Inter-Ministerial Committee on the Establishment of New Terminals. A meeting of CCOE
October 08, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.21% during the week ended Oct 07, 2021, while the SPI increased by 12.94% compared to the corresponding period
October 8, 2021: SBP has launched today a dedicated landing webpage, https://www.sbp.org.pk/hcf/index.html, on promoting housing and construction finance on its website. The page contains extensive information on housing and construction finance and Mera Pakistan Mera
October 8, 2021: The Securities and Exchange Commission of Pakistan (SECP) registered 2,223 new companies in September 2021, up by 20% over the same period in the preceding year. Total capitalization (paid-up capital) of the new
October 08, 2021: The National Electric Power Regulatory Authority (NEPRA) on Friday notified Rs 1.95 per unit increase in power tariff for August under monthly fuel cost adjustment (FCA) mechanism. The Central Power Purchase Agency
October 08, 2021: Pakistan has been named as one of the fastest growing economies in Asia said a latest report of Mckinsey and Company on the Pakistani ecosystem. The Ministry of Information Technology and Telecommunication
October 08, 2021 (MLN): The second meeting of the Cotton Crop Assessment Committee of the Ministry of National Food Security was held in Islamabad yesterday under the chairmanship of Federal Secretary Food Security Tahir Khurshid,
October 08, 2021: The World Bank has projected Pakistan's poverty rate to ease from current 4.8% to 4.4% in Fiscal year 2021-22 and 4.0% in next fiscal year (2022-23). The World Bank has set the
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