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

MPS Preview: High for Longer

Power generation jumps by 13.4% YoY during Nov

December 20, 2021 (MLN): Power generation increased by 13.4% YoY to 8,482 GWh during Nov’2021 compared to 7,479 GWh in Nov’20, backed by the higher generation from hydel, nuclear, and coal, monthly power

Mobile phone imports surge by 41.6% MoM in November

December 20, 2021 (MLN): Pakistan imported mobile phones worth $212mn during November 2021, showing a growth of 28% YoY and 41.6% MoM, according to the latest data released by Pakistan Bureau of Statistics

Weekly News Roundup

December 19, 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

Weekly Economic Roundup

December 19, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. After three weeks

Import bill of oil soars by 2x in 5MFY22

December 18, 2021 (MLN): The import bill of petroleum products reached $8.4 billion during five months of the fiscal year 2022, witnessing a twofold surge as compared to $4bn in the same period

Food exports clock in at $514.7mn in November’21

December 18, 2021 (MLN): The trade value of food exports from the country in November’21 stood at around $514.7 million, registering a surge of 26.44% YoY and 25.58% MoM from $407.08mn in November’20

ECC discusses summary of ETCSP worth Rs106bn

Dec 18, 2021: The Economic Coordination Committee (ECC) of the Cabinet on Friday discussed the summary of Ehsaas Targeted Commodity Subsidy Program (ETCSP) worth Rs106.102 billion presented by the Poverty Alleviation and Social

Encashment date of prize bonds extended till March 31

December 18, 2021 (MLN): The government on Saturday, has extended the date for encashment, conversion and redemption of Rs40,000, Rs25,000, Rs15,000 and Rs7,500 prize bonds up to March 31, 2022, according to the

SPI increases by 0.55% after three weeks

December 17, 2021 (MLN): After three weeks decline, the Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 0.55% WoW for the week ended December 16, 2021, weekly data released

Weekly Economic Roundup

June 20, 2021 (MLN): The latest weekly roundup is here to update few financial and economic releases, providing a guide to monitor trends in the upcoming week. The Weekly Sensitive Price Indicator (SPI) for the

Weekly News Roundup

June 20, 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

Govt withdraws sales tax increase on dairy products

June 19, 2021 (MLN):  After attracting indignation from livestock farmers, bodies representing the livestock sector, and food experts, the government have decided to withdraw the increase in general sales tax (GST) on dairy products and

Electricity generation in May rises 8.3%

June 19, 2021 (MLN): Electricity generation in May rose by 8.3% year-on-year to 13,010 GWh, the latest data released by the National Electric Power Regulatory Authority (Nepra) showed on Saturday. On a month-on-month basis, generation

Power tariff likely to go down by 12 paisa

June 19, 2021 (MLN): Power tariff for the consumers of Ex-Wapda Distribution Companies (Discos) may come down by about 12 paisa per unit on account of monthly fuel charges adjustment for the month of May

Weekly SPI Increases by 0.28 Percent

June 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.28% during the week ended Jun 17, 2021 while the SPI increased by 14.52% compared to the corresponding period

Power sector attracts $856mn worth of FDI in 11MFY21

June 18, 2021 (MLN): Pakistan’s Power Sector has received the highest net FDI worth $856.1 million, up by 16% YoY during Jul-May FY21, followed by the Financial Businesses and Oil & Gas Exploration sector with net

FDI from China declines 14% YoY during 11MFY21

June 18, 2021 (MLN): Signifying the strong bilateral trading and investment relations that have been growing over the years, China has retained the top position as a foreign direct investor in Pakistan during Jul-May FY21,

Dasu Dam to generate low-cost clean energy: PM

June 18, 2021: Prime Minister Imran Khan says Dasu Dam will generate low-cost clean energy that will help reduce inflation and promote industrialization in the country. He was talking to foreign engineers and workers at

Commodity prices show signs of stabilization: Fitch

June 18, 2021 (MLN): As the post-pandemic demand, recovery begins to ease and supply concerns fade, prices of multiple commodities fell from their multi-year highs in May including palm oil, lead, copper, and grains, said

Auto industry: Plaguing by Chips shortage

June 18, 2021 (MLN): Global auto industry is currently managing a unique crisis- semiconductor chip shortage which may lead the industry towards shutdowns, cutbacks in production depending upon the dearth of inventory and elevated prices.

FDI surges by 25% MoM to USD198mn in May 2021

June 18, 2021 (MLN): Foreign direct investment in Pakistan stood at $198.3 million during May 2021, showing an increase of 25% MoM against the net inflow of $158.4 million recorded in April 2021. On yearly