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

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FBR amends AML, CFT regulations for DNFBPs

January 25, 2022 (MLN): Federal Board of Revenue (FBR) on Tuesday, has made amendments in its Anti-Money Laundering and Countering Financing of Terrorism Regulations for Designated Non-Financial Business and Professions (DNFBPs) to reveal

European stocks rebound at open in volatile trade

January 25, 2022: European stocks rebounded Tuesday in opening deals on the eve of a Federal Reserve monetary policy decision, after tumbling the previous day on Ukraine tensions and US rate hike fears.

OMO Result: SBP injects Rs250bn for 3 days

January 25, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs250 billion into the market for 3 days at 9.85 percent. Summary of

FM stresses to strengthen bilateral relations with Turkmenistan

January 25, 2022: Minister for Foreign Affairs Makhdoom Shah Mehmood Qureshi emphasized enhancing the bilateral relations between Pakistan and Turkmenistan on Monday during a telephonic conversation with Foreign Minister of Turkmenistan Rashid Meredov.  Both

Intl. Sukuk yields set at 7.95%

January 25, 2022 (MLN): Yields on seven-year international Sukuk to raise $1 billion were set at 7.95%, as per various reports. The issue date for the Sukuk is Jan 31, 2022, and the

PM directs to resolve SEZ’s issues

January 25, 2022: Issues pertaining to Special Economic Zones (SEZs) should be resolved on a priority basis and measures for facilitating the investors should be implemented in the given timeframe, Prime Minister Imran Khan

CDWP gives go-ahead to four projects worth Rs121.5bn

January 24, 2022 (MLN): The Central Development Working Party (CDWP) approved three development projects with a cost of Rs13 billion and recommended one project worth Rs108.5bn to the Executive Committee of the National

SMEDA extends date for start up grants

January 24, 2022: Small and Medium Enterprise Development Authority (SMEDA) on Monday extended date of applications for small business grants for “Growth Stage Start Up” upto January 28. The maximum grant funding worth

IRSA releases 45,186 cuseces water

January 24, 2022: Indus River System Authority (IRSA) Monday released 45,186 cusecs water from various rim stations with inflow of 69,842 cusecs. According to the data released by IRSA, water level in the

SBP keeps policy rate unchanged at 9.75%

January 24, 2022 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on January 24, 2021, in Karachi has decided to keep the policy rate

Eurozone growth slows as Omicron measures hit spending

January 24, 2022: Economic growth in the eurozone slowed sharply in January, a key survey showed Monday, as new coronavirus restrictions hit consumer spending, raising a new obstacle for the region's recovery. The

MPS Preview: Waiting Game

January 24, 2022 (MLN): In the upcoming monetary policy statement, Central Bank may keep the policy rate unchanged at 9.75% and wait for recent budgetary measures to find a foothold and achieve its

ECC to discuss National Remittance Loyalty Programme

August 10, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to take place on Wednesday, 11th August 2021, will be discussing the matters pertaining to National Remittance

Workers’ Remittances rise above $2bn in July’21

August 10, 2021 (MLN): Workers' remittances continued their strong trend, remaining above $2.0 billion for the 14th consecutive month. At $2.71bn, remittances increased by 0.7 percent over the previous month and showed a decline by

ADB appoints new country director for Pakistan

Aug 10, 2021: Asian Development Bank (ADB) Tuesday announced it has appointed Yong Ye as its new Country Director for Pakistan, effective immediately. Mr. Ye will lead ADB’s operations in Pakistan and manage its Pakistan

OGRA emphasizes to ensure compliance of CNG Rules

August 9, 2021: In order to avoid accidents in vehicles running on roads, OGRA takes all the necessary measures in coordination with the local governments, explosives Department, and other relevant departments to enforce the safety

Exports Increase by 16.44 percent Over the year

August 09, 2021 (MLN): Pakistan's trade deficit for the month of July 2021 was recorded at USD 3.104 billion compared to a deficit of USD3.624 billion from June 2021 showing an improvement of 14.35 percent.

IRSA releases 222956 cusecs water

August 09, 2021: Indus River System Authority (IRSA) Monday released 222956 cusecs water from various rim stations with an inflow of 302712 cusecs. According to the data released by IRSA, the water level in the