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
September 21, 2021: Minister for Federal Education and Professional Training Shafqat Mehmood Monday said the government stabilized the economy, increased exports, enhanced foreign exchange reserves, and significantly shrank the current account deficit. Speaking
September 21, 2021: Mian Nasser Hyatt Maggo, President FPCCI, has termed the new ordinance a conspiracy against the government and conflicting to Finance Minister’s vision of due consultations with all stakeholders before announcing any
September 20th, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared one development project with a cost of Rs. 2.66bn & recommended one project worth Rs.
September 20, 2021 (MLN): The Banking sector spread for August 2021 increased slightly by 2 basis points (bps) over the month which brings its latest value to 4.26% as compared to the prior
September 20, 2021( MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on September 20, 2021 in Karachi, has decided to raise the Policy Rate
Sep 20, 2021: Prime Minister Imran Khan will deliver the policy address during upcoming UNGA session through a video statement, outlining Pakistan’s perspective on key global and regional issues, the Foreign Office said
Sep 20, 2021: Europe's main stock markets sank in opening deals on Monday after a vicious selloff in Asia, as fears grew over a possible collapse of debt-laden property giant China Evergrande. London's
Sep 20, 2021: Indus River System Authority (IRSA) on Monday released 234894 cusecs water from various rim stations with inflow of 164295 cusecs. According to the data released by IRSA, water level in
September 20, 2021: Pakistan Credit Rating Agency (PACRA) has assigned initial entity rating of ‘A-’ for long term to Berger Paints Pakistan Limited, while the short-term rating is ‘A2’. Meanwhile the outlook forecasted
September 20, 2021: President Dr Arif Alvi urged finance professionals to fulfill their obligations towards society and environment and foster ethics-based businesses for branding Pakistan as a country of sincere and honest people.
September 20, 2021: In continuation of consultative session with SME multi-stakeholders, Makhdum Khusro Bakhtyar, Federal Minister for Industries and Production held another meeting with small & medium enterprisers across the country in virtual
Sep 20, 2021: Asian markets fell Monday in holiday-thinned trade, dragged by a range of issues including the Federal Reserve's plans to taper monetary policy, surging Delta infections, China's regulatory crackdown and signs
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.
February 17, 2021 (MLN): Pakistan’s External Debt and Liabilities ballooned to nearly $115.75 billion at the end of 1HFY21, an addition of $5 billion or 5% in the past six months, reported the State Bank
Feb 17, 2021: Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Wednesday said the Ministry of Commerce is organizing a Trade and Investment Conference in Colombo, Sri Lanka on February 24th,
Feb 17, 2021: Ambassadors of United Arab Emirates (UAE) Hamad Obaid Ibrahim Salem Al-Zaabi and Czech Tomas Smetanka Wednesday separately called on Minister for Energy Omar Ayub Khan and discussed matters related to cooperation in
Feb 17, 2021: Drug Regulatory Authority of Pakistan (DRAP) has granted ‘Emergency Use Approval’ to the CanSinoBIO Recombinant COVID-19 Vaccine Adenovirus Type 5 Vector (the “Ad5-nCoV”) and its marketing through private and public sector. According
February 17, 2021: Foreign Minister Shah Mahmood Qureshi has urged Egyptian companies to benefit from ample investment opportunities in Pakistan in various sectors, including construction of houses, energy and health. He was talking to a
February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the
February 16, 2021 (MLN): Overseas Pakistanis have responded positively to SBP’s Roshan Digital Account with over 87 thousand accounts being opened so far and USD 500 million has been sent to Pakistan in 5 months.
February 16, 20201: An International Monetary Fund (IMF) team led by Ernesto Ramirez Rigo, concluded virtual discussions with the Pakistani authorities and reached a staff-level agreement on the second to fifth reviews of the authorities’
February 16, 2021 (MLN): The total money supply circulating within the economy in December 2020 has been recorded at around Rs.25.97 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the
Feb 16, 2021: In order to restore the declining output of cotton as well as encouraging the growers to bring maximum area under crop production, the government was working on a scheme of incentives for
February 16, 2021 (MLN): Foreign Currency Deposits during the month of January 2021 stood at $7.8 billion, depicting an increase of 3%YoY. While on a month-on-month basis, it remained flat, shows recently released SBP data
Feb 16, 2021: The federal government has released Rs 476.618 billion for various ongoing and new social sector uplift projects to date under its Public Sector Development Programme (PSDP) 2020-21. The released funds include Rs300.06
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