Sep 22, 2021: The Asian Development Bank warned of “lasting scars” from the coronavirus pandemic as it cut its 2021 growth forecast for developing Asia on slow vaccination rates, surging infections and crippling
September 21, 2021: The Securities and Exchange Commission of Pakistan (SECP) has amended the Public Offering Regulations, 2017 to introduce a regulatory framework for Special Purpose Acquisition Companies (SPAC). The introduction of SPAC
September 21, 2021 (MLN): Dr. Reza Baqir, Governor State Bank of Pakistan yesterday has delivered a hawkish surprise with a rate hike of 25bps to 7.25% in a monetary policy committee (MPC) meeting
September 21, 2021 (MLN): Low-interest rates and robust demand from consumers have taken the auto-financing to a record high of Rs326billion by the end of Aug 2021, an increase of Rs103.93bn or 47%
September 21, 2021 (MLN): Pakistan's outstanding debts as of August 31, 2021 stand at a whopping sum of Rs.25.19 trillion whereas total debt at the end of the prior month was Rs.24.99 trillion,
September 21, 2021: The State Bank of Pakistan has not issued the notification to facilitate trade in Pak rupee despite the announcement by the honorable finance minister, causing the bilateral trade to suffer,
Sep 21, 2021: In order to commemorate the 70th anniversary of the establishment of diplomatic ties between Pakistan and China, China-Pakistan Two-Way Tourism Seminar was held at SCO Demonstration Area (SCODA) in Qingdao,
Sep 21, 2021: Chief of Army Staff (COAS) General Qamar Javed Bajwa on Tuesday told Greek Ambassador Andreas Papastavrou, who called on him at GHQ, that Pakistan is safe for all sorts of
Sep 21, 2021: The OECD warned Tuesday of an “uneven” global economic recovery as it lowered its 2021 growth forecasts for the world and the United States while raising the outlook for Europe.
Sep 21, 2021: Indus River System Authority (IRSA) on Tuesday released 213,255 cusecs water from various rim stations with an inflow of 176,782 cusecs. According to the data released by IRSA, the water
Sep 21, 2021: Europe's stock markets rebounded in opening deals on Tuesday, after a global slump the previous day was sparked by fears over the possible collapse of property giant China Evergrande. London's
September 21, 2021 (MLN): Prime Minister Imran Khan has accepted the resignation tendered by Tabish Gohar from the post of Special Assitant to the PM on Power and Petroleum, with effect from September
September 21, 2021 (MLN): Following the rise in the policy rate, the Six-month KIBOR has been increased by 15 bps on Tuesday to stand at 7.91%. On Monday, SBP raised the policy rate
September 21, 2021 (MLN): National Highway Authority (NHA), being a custodian of the National Highways & Motorway Network is planning to undertake the construction of Hyderabad-Sukkur Motorway (M-6). The 306 Kilometre, 6-lane divided,
September 21, 2021: Special Assistant to Prime Minister on Climate Change has said that the US government’s role in protecting the planet earth from climate change is indispensable. The incumbent government of Prime
Market Data and Economic Indicators Weekly Performance Feb 19, 2021 Feb 12, 2021 PKR InterBank 159.1023 158.8185 KSE100 Index 46,227.65 45,808.36 Avg Daily Volume 594,931,762 734,275,615 Gold (Karachi) Rs/10 gm 94,264 95,165 KIBOR 6M
February 19, 2021 (MLN): Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet today. Federal Minister for National Food Security and Research
Feb 19, 2021: Pakistan Software Export Board (PSEB) will sign a Memorandum of Understanding (MoU) with the Pakistan Stock Exchange (PSX) soon, ensuring sustainable growth of Pakistan’s IT sector in the country. The MoU is
February 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.55% during the week ended Feb 18, 2021 while the SPI increased by 9.92% compared to the corresponding period
February 19, 2021: A public consultation jointly organized by the Food and Agriculture Organization of the United Nations and the Forest and Wildlife Department, Government of Sindh, saw participants from the government, the conservation movement,
February 19, 2021 (MLN): The import bill of the Machinery group increased by 6% MoM and 9% YoY to clock in at $919.567 million in the month of January 2021. According to the data issued
February 19, 2021: Inaugural meeting of the 10th National Finance Commission was held in Islamabad on Thursday with Finance Minister Dr. Abdul Hafeez Shaikh in the chair. During the deliberations, members of the Commission highlighted
February 19, 2021 (MLN): The government of Pakistan has retired Rs.9.18 billion during the week ended February 05, 2021, which brings its total net borrowing for ongoing fiscal year 2021 to Rs.162.45 billion. As of
February 19, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.25.58 billion during the week ended February 05, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021 to Rs.312.66
February 18, 2021 (MLN): The total debt of the Central Government during the month of December 2020 surged by Rs. 3.59 trillion or 11% YoY to stand at Rs. 36.26 trillion when compared to Rs
February 18, 2021: A regular weekly meeting on privatization transactions update was called under the chairmanship of Federal Minister/ Chairman Privatization, Mohammedmian Soomro here in Islamabad today. Federal Secretary Privatization, DGs, Transaction Managers, and others
February 18, 2021 (MLN): Investors have sold Rs 63 billion worth of Rs 25000 bonds since its ban in December 2020. Before the announcement of its ban, the total investment parked in these bonds was nearly
Feb 18, 2021: Prime Minister Imran Khan on Thursday said the government was committed to facilitate the overseas Pakistanis so as to tap their immense potential and divert their financial contribution towards economic growth. Addressing
January 15, 2021 (MLN): Cement exports during the month of January 2021 declined by 16.58% YoY to USD 20.749 million from USD 24.87 million in Jan’20 due to strong domestic demand as local players shift
February 18, 2021 (MLN): Pakistan’s textile exports during the month of January 2021, clocked in at $1.32 billion, up by 10.79% when compared with January 2020 and down by 5.5% when compared with December 2020.
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