November 16, 2021 (MLN): With just 1.44% of the country’s total farms using modern irrigation systems in rural areas, cultivation of major crops in the country witnessed a meagre increase during the 12
November 16, 2021: Under the reform initiatives within the Energy and Capital Markets Sectors, the government intends to move away 70% of energy production from fossil fuels to hydel-based and renewable sources by
November 16, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Monday has approved Rs134.783 billion for payment to IPPs on the second instalment (60%) as per the payment mechanism. The
November 16, 2021 (MLN): The government on Monday decided to maintain the price of petroleum products for the next fortnightly in order to provide maximum relief to the general public. Despite rising petroleum
November 16, 2021: Consul General of Indonesia Dr. Jun Kuncoro Hadiningrat has said that Indonesia wants to further develop trade and economic relations with Pakistan by boosting cooperation between the business communities and
November 15, 2021: Building upon its initiative of end-to-end digitization of regulatory approval process, known as Regulatory Approval System (RAS), State Bank of Pakistan (SBP) has now achieved another milestone by launching a
November 15, 2021: The privatisation of the Heavy Electrical Complex (HEC) has entered into its final stages. HEC is a Government-owned entity under the administrative control of State Engineering Corporation the share of
November 15, 2021: To strengthen the link between industry and academia in the field of Islamic Finance & Economics, Mettis Global Pvt. Ltd, a leading financial data provider, and IBA Centre for Excellence
November 15, 2021: Indus River System Authority (IRSA) Monday released 112,757 cusecs water from various rim stations with an inflow of 47,377 cusecs. According to the data released by IRSA, water level in
November 15, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs117 billion into the market for 4 Days at 7.5 percent. Summary of
November 15, 2021: Europe's main stock markets steadied at the open Monday, with investors sitting tight before key inflation updates out of the eurozone and UK this week. London's benchmark FTSE 100 index
November 15, 2021 (MLN): Inward workers’ remittances continued their strong streak during October as inflows jumped by 10% year-on-year to $2.5 billion, latest data released by the State Bank of Pakistan (SBP) showed.
November 15, 2021: Gwadar is set to become a regional logistic hub providing employment opportunities to around 30,000 people and contributing $10 billion to the national GDP within the next five years, said
November 14, 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
November 14, 2021 (MLN): To moderate money supply growth and domestic demand, the State bank of Pakistan (SBP) said on Saturday that it has increased Cash Reserve Requirement (CRR). The average CRR to
May 24, 2021: Apropos media reports about the Plant & Machinery valuation conducted by M/s Joseph Lobo, third party valuer appointed by the Pakistan Steel Mills Corp (PSMC) and the role of Privatisation Commission (PC),
May 24, 2021 (MLN): Water and Power Development Authority (WAPDA) is all set to issue $500million Green Bonds in the global market to help accelerate the pace of expansion in water reservoirs. The upcoming dollar-denominated
May 24, 2021 (MLN): Since Pakistan’s economy is still in the phase of recovery amid the third wave of the Covid-19 pandemic and the economic activities are restoring back to normal. As a result, the
May 24, 2021: The government has released so far funds amounting to Rs707.78million, during the current fiscal year, to execute around 15 aviation sector projects under the Public Sector Development Programme (PSDP 2020-21). According to
May 24, 2021 (MLN): The current fiscal year 2020-21 growth is expected to rise to 3.94%, as post-Covid recovery underway since last summer has strengthened. The 9-month current account is also in surplus for the
May 24, 2021 (MLN): The exports of Chemical and Pharmaceutical Products went down by27.4% MoM to clock in at $107million during April’21. However, the export of the similar group depicted a surge of 43.67% YoY.
May 24, 2021: Special Assistant to Prime Minister on Climate Change Malik Amin Aslam says the government is well on the track to meet the renewable energy targets by 2030, rising the generation through renewable
May 24, 2021: Prime Minister Imran Khan says the strategic partnership between Pakistan and China is exemplary in the world. Chairing a review meeting on the progress of CPEC projects and promotion of investment in
May 24, 2021: The government has decided to set up a state-of-the-art International Expo Center in Lahore. The decision was reached during a meeting between Advisor to the Prime Minister on Commerce Abdul Razzak Dawood
May 24, 2021: Prime Minister Imran Khan says China-Pakistan Economic Corridor will ensure the economic prosperity of Pakistan and strategic partnership between the two countries is being transformed into an exemplary relationship. Chairing a meeting
May 24, 2021: Finance Minister Shaukat Tarin has said the government is focusing on enhancing exports, revenue collection, and other administrative measures to achieve inclusive and sustainable economic growth. Addressing a news conference in Islamabad
May 24, 2021: Prime Minister Imran Khan will launch Ehsaas Saving Wallets (Ehsaas Bachat Bank Account) Initiative in Islamabad today. The Prime Minister will be briefed on the specialized key features of this financial inclusion
May 23, 2021: HBL and Katalyst Labs have signed a strategic partnership agreement for Startup Acceleration and Women Leadership enablement. This will further build and strengthen the entrepreneurial ecosystem of the country. HBL is shaping
May 23, 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
May 23, 2021 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The total debt of the Central Government
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