August 27, 2021: The government in the wake of three years performance report has prepared a comprehensive roadmap for stability, growth and employment. It said, the government had taken immediate policy measures to
August 27, 2021: Asian markets mostly rose Friday ahead of a much-anticipated speech by Federal Reserve chief Jerome Powell on plans for tapering monetary policy with some top bank officials calling for a
August 26, 2021 (MLN): A meeting of the Cabinet Committee on Energy (CCOE) on Thursday, approved the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30, The meeting was held under the Chairmanship of the
August 26, 2021 (MLN): Pakistan's merchandise trade deficit for the month of July 2021 clocked in at $3.26billion compared to a deficit of $1.67bn in the corresponding month last year, depicting a growth
Aug 26, 2021: The Ministry of Housing and Works has launched Prime Minister Low Cost Housing Scheme under which the deserving families were getting financial assistance up to Rs 500, 000 through Akhuwat
Aug 26, 2021: The incumbent government devised a concrete strategy to ensure access to affordable, reliable, sustainable and indigenous electricity for all by 2030. According to the three-year performance report of the government
Aug 26, 2021: Due to special emphasis paid by the incumbent government on agriculture sector, the output of all major crops witnessed gradual and significant increase during first three years of its tenure,
August 26, 2021: The production of mobile phones by local manufacturing plants has surpassed the number of mobile phones imports in the country. During Jan-July 2021, the production of mobile phones by local
August 26, 2021 (MLN): Multinational companies operating in Pakistan repatriated $159.2 million in profit and dividends on investments in the country during July 2021 which was 55% lower than the profits of $354.5mn
Aug 26, 2021: Foreign Minister Shah Mahmood Qureshi on Thursday said implementation of Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI) was beneficial for the entire region, with Afghanistan alone to get $1 billion as transit fee
Aug 26, 2021: Federal Secretary, Board of Investment (BOI), Fareena Mazhar on Thursday said the World Bank's coming, Ease of Doing Business (EODB) report 2021-22 to be issued in December this year, which
Aug 26, 2021: Pakistan during the two-decades-long US war on terror in Afghanistan faced huge economic losses where the country only received 31.3 percent of the total promised funding under the US Agency
August 26, 2021 (MLN): Pak Elektron Limited (PAEL) has reported net profits of Rs1bn (EPS: Rs2.02) for 1HCY21, as against the net loss of Rs425.8mn (LPS: Rs0.90) in the corresponding period last year.
August 26, 2021: Europe's major stock markets dipped in opening deals on Thursday, mirroring Asia on growing fears over an end to central bank largesse. London's benchmark FTSE 100 index shed 0.6 percent
August 26, 2021: Indus River System Authority (IRSA) Thursday released 248,300 cusecs water from various rim stations with an inflow of 243,600 cusecs. According to the data released by IRSA, the water level
January 12, 2021: Prime Minister Imran Khan has said the government is taking priority measures to promote industries meant for value-added exports. Talking to a delegation Pakistan Tanners Association in Islamabad on Monday, he assured
January 11, 2021: Federal minister for Finance and Revenue, Dr Abdul Hafeez Sheikh Monday directed the provincial governments and relevant departments to continue momentum of strict price monitoring for provision of basic items at affordable
January 11, 2021: The Prime Minister of Pakistan, Mr. Imran Khan, launched the completion of the first phase of Pakistan’s Instant Payment System, Raast, in a ceremony held in Islamabad today and hosted by the
Jan 11, 2021: The National Electric Power Regulatory Authority (NEPRA) has taken serious notice of the recent nationwide power blackout. The NEPRA has, therefore, decided to constitute a high powered committee of the top professional
January 11, 2021 (MLN): The sale of passenger cars during the month of December 2020 was recorded at 11,247 units against a total production of 11,514 units, showing a decline of 5.6% as compared to
January 11, 2021: Central Development Working Party (CDWP) meeting on Monday presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan. CDWP approved 04 projects worth Rs. 15 billion. Senior officials from federal governments also
Jan 11, 2021: The Federal Board of Revenue (FBR) on Monday urged the taxpayer and traders to use E-Payment facility for convenient and hassle free payment of all FBR taxes and some provincial taxes. The
January 11, 2021 (MLN): Prime Minister Imran Khan will be launching Raast by State Bank of Pakistan, i.e. Pakistan’s Instant Payment System, today in Islamabad. The launch ceremony will begin at 4.30 pm PST and
Jan 11, 2021: The National Electric Power Regulatory Authority (NEPRA) on Monday notified Rs1.6 per unit increase for October and November 2020 under the monthly fuel adjustment mechanism. The regulator conducted a public hearing on
January 11, 2021: Minister for Planning and Development Asad Umar has said the promises made by the federal government to the people of Karachi are being fulfilled as the implementation work under the Karachi Transformation
January 11, 2021: Pakistan and Korea have agreed to hold further negotiations on the proposed Free Trade Agreement for increasing bilateral trade and promote free trade between the two countries. An official of the Ministry
January 10, 2021: Prime Minister Imran Khan was told Sunday that tax receipts had surpassed Rs 2,205 billion during first six months of current fiscal, manifesting the fruition of government’s taxation reforms. Chairing a meeting
January 10, 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
January 10, 2020 (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
Market Data and Economic Indicators Weekly Performance Jan 08, 2021 Jan 01, 2021 PKR InterBank 160.1715 159.8344 KSE100 Index 45,654.34 44,434.80 Avg Daily Volume 625,039,486 528,274,532 Gold (Karachi) Rs/10 gm 98,251 97,994 KIBOR 6M
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