December 15, 2021 (MLN): The total deposits held by commercial banks have shown a growth of 17% YoY to Rs19.7 trillion in Nov’21, compared to Rs16.84tr in the same month of last year
December 15, 2021 (MLN): Fitch Ratings in its latest report issued today said that they expect improving operating sentiment following Covid-19-related restrictions to drive revenue growth and stable leverage for corporate issuers in
December 15, 2021 (MLN): Hammad Azhar, Minister for Energy has informed that the recommendation report on sugar sector reforms will be shared by tomorrow through all mediums in collaboration with the ministry of
December 15, 2021 (MLN): Following the startup financing boom, Pakistan’s rapid delivery startup, Krave Mart has raised $6 million, the country’s largest early-stage funding, Bloomberg reported. The Karachi-based company, which guarantees deliveries in
December 15, 2021: The federal cabinet on Tuesday approved amendment in bilateral air route between Pakistan and Tajikistan. This decision will reduce both air distance and travel costs. It allowed Kazakh Air Company
Dec 15, 2021: A delegation of US-based global satellite broadband provider, Starlink, consisting of Director Middle East & Asia, Ryan Goodnight, and Head of Global Site Acquisition, Ben Macwilliam called on Minister for
December 14, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on December 14, 2021, in Karachi, has decided to raise the policy rate
December 14, 2021: Bridging the digital divide between developed and developing countries is essential for the global transition to modern and efficient national economies and effective international cooperation as well as to enhance
December 14, 2021: Europe's main stock markets climbed at the start of trade on Tuesday, as dealers shrugged off Omicron-driven losses in Asia and looked ahead to crucial interest rate decisions later this
December 14, 2021 (MLN): The State Bank of Pakistan (SBP) has allowed Exchange Companies (ECs) and Exchange Companies of 'B' Category (ECs-B) to carry out foreign currency sale transactions by obtaining original online
December 14, 2021: The government of Pakistan has undertaken measures to build and strengthen robust systems for accountability, transparency, and integrity to combat corruption, Shah Mahmood Qureshi, foreign minister of Pakistan stated while
December 14, 2021: The Asian Development Bank (ADB) has approved a $200 million loan for the development of an irrigation system in Punjab province that would help increase agricultural productivity and enhance food
December 14, 2021: The Planning Commission is in the process of developing a National Development Framework (NDF) which will guide priorities for investment by the Federal government, Deputy Chairman Planning Commission (DCPC) Mohammad
December 14, 2021: The Asian Development Bank (ADB) revised its economic growth outlook for developing Asia down slightly to 7.0% this year and 5.3% next year, after renewed outbreaks of coronavirus disease (COVID-19)
December 14, 2021: The government was taking steps to provide a conducive environment to increase investment and expand the business, Prime Minister Imran Khan said on Monday. While chairing a meeting regarding Regional
June 16, 2021: The federal cabinet has decided to monitor the implementation of development projects under the Public Sector Development Program (PSDP). The meeting was chaired by Prime Minister Imran Khan on Tuesday. Later briefing
June 16, 2021: State Bank of Pakistan (SBP) has renewed the status of both credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)”
June 16, 2021: Minister for Revenue and Finance, Shaukat Tarin has warned that strict action will be taken against non-taxpayers and filers who hide their taxable money. In an interview with a private television channel,
June 16, 2021: Prime Minister Imran Khan says the government is taking measures to ensure investment in the export industry in the Special Economic Zones established under the China-Pakistan Economic Corridor. He was presiding over
June 15, 2021 (MLN): The non-government sector has retired a net sum of Rs.42.33 billion during the week ended June 04, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021 to Rs.421.82
June 15, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.358.36 billion during the week ended June 04, 2021, which brings its total net borrowing for ongoing fiscal year 2021 to
June 15, 2021 (MLN): In order to achieve inclusive growth target, improve ease of doing business and accelerate the process of industrialization, government has offered a range of incentives and tax cuts in Federal budget
June 15, 2021: The Competition Commission of Pakistan (CCP) has concluded an enquiry in the dairy sector which has found the prima facia involvement of three leading dairy associations in cartelisation and price-fixing of milk
June 15, 2021: OICCI members have appreciated the significant improvement in the FX remittance processing time and in growing engagement of the State Bank of Pakistan leadership with the key stakeholders. The Overseas Investors Chamber
June 15, 2021 (MLN): The total electricity consumption by Industrial sector during November- March FY21 has shown a growth of 15% YoY compared to the same period last year, Minister of Energy, Hammad Azhar via
June 15, 2021: Pakistan and Russia have agreed to make joint efforts for enhancing bilateral trade volume. The understanding came in a telephonic conversation between Foreign Minister Shah Mahmood Qureshi and his Russian counterpart Sergey
June 15, 2021: Rice Exporters Association of Pakistan (REAP) has taken initiative to Host First Virtual REAP Rice Expo 2021, on Wednesday, 16th June 2021. Due to the prevailing COVID pandemic, rice exporters are restricted
June 15, 2021: Prime Minister Imran Khan has expressed satisfaction over the Covid vaccination drive in the country. Chairing a meeting to review progress in the vaccination drive in Islamabad on Monday, he stressed the
June 15, 2021: Prime Minister Imran Khan says the federal budget for the next fiscal year is growth-oriented that will not only solidify economic stability but also promote key areas of the economy, including agriculture,
June 15, 2021: Prime Minister Imran Khan has directed the authorities concerned to finalize the new mechanism of providing targeted subsidy to vulnerable segments of the society at the earliest so that it can be
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