May 9, 2021 (MLN): Foreign exchange environment of Pakistan has decidedly improved compared to the last few years, which provides the right macro background to foreign investors to invest in Pakistan and has
May 9, 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
May 09, 2021 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. Pakistan’s exports to the UK grew
Market Data and Economic Indicators Weekly Performance May 07, 2021 Apr 30, 2021 PKR InterBank 152.2753 153.4529 KSE100 Index 45,174.67 44,262.35 Avg Daily Volume 241,354,931 331,198,865 Gold (Karachi) Rs/10 gm 89,506 89,678
May 8, 2021: The nation’s most progressive energy company, Pakistan State Oil (PSO), has once again taken the lead in digitizing its petroleum product supply chain. Special Assistant to Prime Minister for Power
May 08, 2021: While continuing its outreach efforts to promote startups and innovative solutions to the financial market, the Securities and Exchange Commission of Pakistan’s (SECP) Innovation Office, in collaboration with National Incubation
May 7, 2021 (MLN): Pakistan’s exports to UK have grown by 31% YoY during Jul-Apr FY21 to $1.709bn compared to $1.309bn recorded in the same period last year. These are the highest-ever exports
May 07, 2021 (MLN): Foreign Investors during the week ended April 30, 2021, sold net Rs6.96 billion worth of securities against a net purchase of Rs2.07 billion recorded last week. According to a
May 7, 2021: The Competition Commission of Pakistan (CCP) has completed an enquiry in the poultry industry where it has been revealed that nineteen poultry feed companies have been involved in price coordination
May 07, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.5% during the week ended May 06, 2021 while the SPI increased by 17.05% compared to the
May 7, 2021: In order to minimize shareholding disputes and make the entire process of holding, monitoring and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring
Since time immemorial, Pakistan’s macroeconomic cycle has been nothing but a series of booms and busts. The current government came on the promise of breaking this wheel and fixing the structural issues once
May 07, 2021 (MLN): The overall output of LSMI increased by 8.99% for July-March 2020-21 compared to July-March 2019-20. According to data released by the Pakistan Bureau of Statistics, the LSMI output increased
May 07, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.52.91 billion during the week ended April 30, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
May 07, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.485.65 billion during the week ended April 30, 2021, which brings its total net borrowing for the ongoing fiscal
September 15, 2020: Prime Minister Imran Khan says reforming the tax system to make it fair and transparent is the top priority of the government. He was chairing a high-level meeting on tax system reforms
September 15, 2020 (MLN): A meeting of the Federal Cabinet will be held on Tuesday i.e. today, to discuss various agendas, some of which are listed below. The Constitution (Amendment) Bill 2020 Ratification of the
By Asad Rizvi September 15, 2020 (MLN): Remittances for the month of August hitting $ 2.095 billion is a very encouraging sign. This is a good number, clearly hinting that the uptrend remains intact. To
September 14, 2020 (MLN): The non-government sector has retired another net sum of Rs.5.82 billion during the week ended September 04, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021 to Rs.166.8
September 14, 2020 (MLN): The government of Pakistan has accumulated Rs.39.7 billion during the week ended September 04, 2020, which brings its total net retirement for ongoing fiscal year FY2021 to Rs.120.36 billion. As of
Sep 14, 2020: President Dr Arif Alvi on Monday said Islamic banking and finance offered a broad-based platform to end economic exploitation and stressed its implementation to uplift underprivileged segments of society. Addressing at the
Sep 14, 2020: The advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday said the government has revised duty drawback rates from 4.39% to 1.7% for electric fans after 11 years.
September 14, 2020: The investment portfolio of Employees’ Old-Age Benefits Institution (EOBI) has witnessed an increase of over nine per cent in last three years, surpassing Rs 362 billion mark in fiscal year 2019-20. The
September 14, 2020 (MLN): The highlight of the Islamic Banking Bulletin issued by State Bank of Pakistan (SBP) was the outstanding growth of Islamic Banking Industry (IBI) as its market share upswings to 15.3% and
September 14, 2020 (MLN): The sale of Conventional Naya Pak Certificates (NPCs) has started today through agent banks, the Finance Ministry of Pakistan announced on Monday via Twitter. ‘Roshan Digital Account holders of UBL, HBL,
September 14, 2020: The coronavirus disease (COVID-19) pandemic has reinforced the need for stronger and more strategic partnerships in Asia and the Pacific, Asian Development Bank (ADB) President Masatsugu Asakawa said at the launch of
September 13, 2020 (MLN): The financial snapshot of the country in full detail is highlighted with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for
September 13, 2020 (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
September 13, 2020: Advisor on Finance Abdul Hafeez Shaikh says the government has repaid five thousand billion rupees debt during the last two years. Addressing a ceremony in Karachi on Saturday, he said the government
Market Data and Economic Indicators Weekly Performance Sep 11, 2020 Sep 04, 2020 PKR InterBank ** 165.9705 165.7685 KSE100 Index 42,530.67 42,023.00 Avg Daily Volume 750,277,131 745,126,192 Gold (Karachi) Rs/10 gm 98,165 99,366 KIBOR
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