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

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HCAR increases prices of all models

November 10, 2021 (MLN): Honda Atlas Cars (HCAR) on Wednesday increased prices of all its models from Rs130,000 to Rs485,000 citing rupee depreciation and increasing input costs, a company memo showed. In a letter

Govt, ITFC sign $761.5m Murabaha for fuel imports

November 10, 2021 (MLN): Government has signed $761.5 million agreement with the International Islamic Trade Finance Corporation (ITFC) for fuel import of crude oil, refined petroleum products and LNG, a press release showed on

Chief Commissioner declares to pay tax refunds till 2020

November 10, 2021: Chief Commissioner Inland Revenue Regional Tax Office Muhammad Abid Raza Bodla on Wednesday announced to pay pending refunds to industrialists till 2020 they submit complete and verified documents. Speaking at

EU envoy lauds Pakistan’s role in Afghan situation

November 10, 2021: Ambassador of European Union (EU) Androulla Kaminara Wednesday called on Chief of Army Staff (COAS), General Qamar Javed Bajwa, and appreciated Pakistan’s role in the Afghan situation and efforts for regional

Adviser lauds Udhaar Book for securing $6mn investment

November 10, 2021 (MLN): Adviser to PM for Commerce and Investment, Abdul Razak Dawood, has lauded Udhaar Book, a super app for Pakistan’s small businesses and Savyour, Pakistan-based fintech, for securing investment of

WAPDA to execute projects worth $26bn

November 10, 2021: Pakistan Water and Power Development Authority (WAPDA) is executing the biggest-ever portfolio of development projects in Pakistan including Diamer Basha Dam, Dasu Hydropower Project and Mohmand Dam worth $26 billion

Europe’s battle to curb Big Tech

November 10, 2021: US tech giants Google, Apple, Facebook, Amazon and Microsoft — collectively dubbed GAFAM — have been accused of not paying enough taxes, stifling competition, stealing media content and threatening democracy by

Imports into Pakistan fall by 8.4% MoM in April

May 21, 2021 (MLN): Imports into Pakistan during April 2021 amounted to Rs. 805,180 million (provisional) as against Rs. 878,602 million (provisional) in March 2021 and Rs. 526,448 million during April 2020, showing a decrease

Exports from Pakistan decline by 8% MoM in April

May 21, 2021 (MLN): Exports from Pakistan during April 2021 amounted to Rs. 339,618 million (provisional) as against Rs. 368,925 million (provisional) in March 2021 and Rs. 157,075 million during April 2020 showing a decrease

Banking sector spread widens by 15bps in April

May 21, 2021 (MLN): The Banking sector spread for April 2021 grown by 15 basis points (bps) over the month which brings its latest value to 4.46% as compared to the prior month's spread of

Pakistan added to Sellers’ list, Amazon confirms

May 21, 2021 (MLN): Amazon has confirmed that Pakistan has been added to its Sellers’ List, said Abdul Razak Dawood, Adviser to PM for Commerce and Investment. Making an announcement on his social media he

State Bank revises SLR requirement of Exchange Companies

May 20, 2021 (MLN): State Bank of Pakistan has revised the Statutory Liquidity Reserve (SLR) requirement of Exchange Companies from 25% to 15% of their capital. The enhanced liquidity with exchange companies will enable them

SBP introduces advance calendar of MPC meetings

May 20, 2021: Taking another step towards making the process of monetary policy formulation more predictable and transparent, the State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of Monetary Policy