January 19, 2022: In a major step towards ease of doing business, the State Bank of Pakistan (SBP) has digitized the process of obtaining refinance from SBP by banks under the Export Finance
January 19, 2022 (MLN): The New Year 2022 marks a much-anticipated market event following which, the London Interbank Offered Rate (LIBOR) has been phased out and been supplanted by Alternative Risk-Free Rates (RFRs).
Jan 19, 2022: The oil market could face another volatile year but demand is surging higher as the sector has weathered the impact of the Omicron coronavirus variant, the International Energy Agency said
Jan 19, 2022: British annual inflation accelerated in December to its highest level for almost three decades, official data showed Wednesday, fuelled by price gains for clothing, food and furniture. The rate hit
January 19, 2022 (MLN): To contain the spread of COVID-19 amid the fifth wave of the pandemic in the country, the National Command and Operation Center (NCOC) announced the virus-induced restrictions that include
January 19, 2022 (MLN): The non-government sector has retired a net sum of Rs.252.49 billion during the week ended January 07, 2022, which brings the cumulative net borrowing for ongoing fiscal year FY2022
January 19, 2022 (MLN): The government of Pakistan has retired Rs201.3 billion during the week ended January 07, 2022, which brings its total net borrowing for ongoing fiscal year 2022 to Rs30.78 billion.
January 19, 2022: Prime Minister Imran Khan has directed to improve the performance of national airline Pakistan International Airlines (PIA). Chairing a review meeting on aviation facilities, in Islamabad on Tuesday, he said
January 18, 2022 (MLN): Fitch Ratings has assigned Pakistan's proposed US-dollar sovereign global sukuk certificates, which will be issued through The Pakistan Global Sukuk Programme Company Limited, a 'B-' rating. The Pakistan Global
January 18, 2022 (MLN): Foreign direct investment (FDI) in Pakistan stood at $218.7 million during December’21, went up by 61% MoM against the net inflow of $135.7mn recorded in Nov’21, data issued by
January 18, 2022 (MLN): Amid higher consumer demand, auto-financing surged to Rs354billion by the end of December 2021, an increase of 38% YoY, as it was Rs262bn in Dec 2020, Central bank data
January 18, 2022 (MLN): The International Monetary Fund (IMF) board will meet on January 28, 2022, to revive Pakistan’s $6bn bailout package, Bloomberg reported today. The review meeting was scheduled for January 12,
January 18, 2022: Foreign investors’ concerns on the effectiveness of the Intellectual Property Rights (IPR) regime are supported by the loss of revenue, said Irfan Siddiqui, President Overseas Investors Chamber of Commerce and
January 18, 2022: Pakistan on Tuesday thanked Qatar for ensuring timely supplies of the Liquefied Natural Gas (LNG) to it despite the commodity’s shortage in the international market, a news release said today.
Jan 18, 2022: Crude oil hit a more than seven-year high Tuesday on optimism the global recovery will ramp up demand, but concerns about the end of long-running central bank support and rising
August 4, 2021: The World Bank has assured to jointly work with Pakistan to boost its climate resilience against devastating impacts of climate change. The assurance was given by Regional Vice President of the World
August 4, 2021: South Asia Regional Vice President World Bank Najy Benhassine called on Minister for Finance and Revenue, Shaukat Tarin in Islamabad yesterday. In the meeting the Finance Minister welcomed the World Bank Regional
August 4, 2021: Prime Minister Imran Khan has appointed Khalid Mansoor as his Special Assistant on CPEC Affairs. According to a notification issued by Prime Minister Office, his appointment will be in honorary capacity. He
August 4, 2021: The Federal Cabinet has accorded approval to distribution of 315 billion rupees loans among youth under Kamyab Jawan Program during current fiscal year. This was announced by Minister for Information and Broadcasting
August 4, 2021: President Dr. Arif Alvi has said modernization of agriculture and livestock sectors is inevitable for the progress and prosperity of the country. Addressing the inaugural ceremony of Green Tractor Scheme in Quetta
August 4, 2021: A delegation of the Republic of Korea of the Department of Rural Development and Administration led by Vice Minister of the Department Hur Taewoong, called on Prime Minister Imran Khan in Islamabad
August 3, 2021 (MLN): Despite ongoing PSDP projects and government’s policies to boost construction sector including Naya Pakistan Housing Scheme, the demand for cement has dented by 19.4% YoY in July 2021. Total Cement despatches
August 3, 2021 (MLN): The Oil and Gas Regulatory Authority (OGRA) on Tuesday has withdrawn a notification of August 2, 2021, that showed the country’s leading energy company Pakistan State Oil (PSO) has made the
August 03, 2021: More than half of Chinese enterprises listed Fortune 500 have invested or conducted business cooperation in Pakistan, demonstrating Chinese companies' confidence in Pakistan's future economic development. According to Annual Fortune Global 500
August 3, 2021: Secretary Board of Investment, Fareena Mazhar shared that Pakistan is working on creating a Business and Investment Forum with China, which will offer numerous opportunities to the private sector. She also assured
August 3, 2021: Minister for Planning, Development and Special Initiatives Asad Umar has directed to expedite work on the ongoing projects of China Pakistan Economic Corridor. Chairing the second meeting of the Pak-China relations steering
August 3, 2021: Finance Minister Shaukat Tarin says the government is making vigorous efforts in building strategic reserves of essential commodities, including sugar, wheat, pulses, edible oil and ghee to ensure price stability and prevent
August 3, 2021: Prime Minister Imran Khan has said the government will soon launch ambitious Kamyab Pakistan Programme to uplift the weaker segment of the society. Addressing at the closing ceremony of three-day Interior, Construction,
August 3, 2021: Chairman National Accountability Bureau (NAB) retired Justice Javed Iqbal has said that NAB during 2018 to 2020, recovered 502 billion rupees from corrupt elements which is a record achievement as compared to
August 2, 2021 (MLN): Pakistan Bureau of Statistics (PBS) has announced monthly Consumer Price Index (CPI) numbers for the first month of FY22 today as per which the headline inflation dropped to 8.4%YoY, compared to
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