March 03, 2022: Federal Minister for Planning Development & Special Initiatives Asad Umar has approved ICT equipment for Integrated Transit Trade Management System (ITTMS) at Torkham and Chaman borders, a press release said
March 03, 2022: Ratings agencies Fitch and Moody's slashed Russia's sovereign debt on Thursday to “junk” status, or the category of countries at risk of not being able to repay their debt, a
March 03, 2022 (MLN): The Federal Board of Revenue (FBR) has revised the fair market value of immovable properties on Wednesday in categories including residential, commercial, industrial and flats/apartments of the different areas
March 03, 2022: Turkey's annual inflation rate in February hit a two-decade high, data from the statistics agency showed Thursday, amid President Recep Tayyip Erdogan's unorthodox policies to cut interest rates and a
March 03, 2022 (MLN): As a major supply crunch of liquefied natural gas (LNG) looms amid Russia’s invasion of Ukraine, Pakistan and Bangladesh are switching to expensive and dirty diesel fuel to generate
March 03, 2022 (MLN): Pakistan's merchandise trade deficit for the month of February 2022 clocked in at $3.1 billion compared to a deficit of $3.4bn in the previous month, depicting a decline of
March 03, 2022: The World Bank on Wednesday announced it was halting all of its ongoing projects in Russia and Belarus in response to the invasion of Ukraine. Citing the “hostilities against the
March 03, 2022: Toyota said Thursday it would suspend operations at its only factory in Russia and stop shipping vehicles to the country, citing “supply chain disruptions” linked to Moscow's assault on Ukraine.
March 03, 2022: Asian stocks rose Thursday after Federal Reserve chief Jerome Powell said the bank would hike interest rates gradually to fight inflation, though oil marched higher as the Ukraine conflict continues
Mar 02, 2022: German unemployment dropped to pre-pandemic levels in February, two years after the coronavirus shuttered large parts of the economy, official figures published Wednesday showed. The jobless rate stood at five
March 02, 2022: The State Bank of Pakistan (Amendment) Bill (2021) introduced by Senator Mohsin Aziz was passed with amendments in the meeting of the Senate Standing Committee on Finance, Revenue and Economic
March 02, 2022: Smart Phone for all and Mobile with Data package will be available on Installments soon said Federal Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque. “Smart Phone for all and
March 02, 2022 (MLN): Taking streets by surprise, PM Imran Khan on Monday announced a Rs250-300bn relief package, aiming to provide relief to the masses for the next four months, until the announcement
March 02, 2022: Eurozone inflation soared in February to a new record high of 5.8 percent mainly on the back of surging energy prices, the EU's official statistics agency Eurostat said Wednesday. The
March 02, 2022: European gas prices surged Wednesday to a new record high on concern about supplies from Russia in the wake of its invasion of Ukraine. Europe's reference Dutch TTF gas price
September 24, 2021: Prime Minister Imran Khan has reaffirmed the government's commitment to bolster the production of agriculture products in order to meet the requirements of a growing population. He was addressing a ceremony in
September 24, 2021: Prime Minister Imran Khan received a telephone call from the Prime Minister of the Republic of Iraq, His Excellency Mr. Mustafa Al-Kadhimi. The Prime Minister wished the Iraqi government success in holding
September 24, 2021: In a drive to curb tax evasion, the Directorate of Intelligence & Investigation, Inland Revenue (I&I-IR), Lahore conducted a raid on the business premises of a steel mill located at Ferozwala, District
September 23, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, has considered and approved another summary presented by the Power Division regarding 40% payment of the total amount payable to IPPs of 2002
Sep 23, 2021: The National Coordination Committee (NCC) on Thursday reviewed the Small and Medium Enterprises (SME) policy draft to regulation and simplification of tax regime for SMEs countrywide. The forum comprehensively deliberated upon the
Sep 23, 2021: The National Electric Power Regulatory Authority (NEPRA) on Thursday accepted the request of Energy Ministry for rationalization of subsidies as the Government presented their vision of provision of subsidies through Ehsaas Program
September 23, 2021: State Bank of Pakistan (SBP) has revised prudential regulations for consumer financing to moderate import and demand growth. This targeted step will help to moderate demand growth in the economy, leading to
September 23, 2021: Indus River System Authority (IRSA) Thursday released 198,390 cusecs water from various rim stations with inflow of 176992 cusecs. According to the data released by IRSA, water level in the Indus River
September 23, 2021 (MLN): Ministry of Commerce (MoC) has released new refunds worth Rs6 billion under the Duty Drawback on Local Taxes and Levies (DLTL) schemes. This includes Rs5.4bn for the textile sector and Rs600
September 23, 2021 (MLN): Pakistan has received $2.38 billion foreign assistance during the first two months of the fiscal year 2021-22 i.e., July- August from multiple financing sources against the annual budget estimates of $14.09bn
September 23, 2021: Prime Minister Imran Khan was briefed that overseas Pakistanis have so far opened 204,000 Roshan Digital Accounts (RDA) and around one thousand new accounts are adding up daily. This was stated by
September 23, 2021 (MLN): Last week, the Ministry of National Food Security and Research (MNSFR) was seen celebrating the 160 per cent increase in cotton arrivals as bales arrived increased to 2.69 million by September.
September 23, 2021: The European Commission has decided to maintain the Generalized Scheme of Preferential Plus (GSP+) status for Pakistan. The Commission, in a statement, said it has introduced six new conventions related to providing
September 23, 2021: In collaboration with the Ministry of Information Technology and Telecom, Tech Valley along with Telecom Foundation and Virtual University successfully expanded the footprint of the CS First program to multiple provinces of
September 22, 2021 (MLN): Mian Nasser Hyatt Maggo, President FPCCI, has heartily welcomed the operationalization of road-based transport and trade between the two brotherly Muslim countries of Pakistan & Turkey. In a historic event, the
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