February 12, 2021 (MLN): The overall business confidence improved further by 1 point and reached 56 points in December 2020, from 55 points in October 2020. This is the third consecutive wave of
February 12, 2021: Britain's economy shrank by a record 9.9 percent last year on the fallout from the coronavirus pandemic, despite managing growth during the second half, official data showed Friday. “Over the
February 12, 2021 (MLN): Pakistani Consumers’ perception about the current economic climate and future economic conditions of the country turned optimistic as the overall Consumer Confidence Index (CCI) increased by 8.2% and overall
February 12, 2021: Tokyo stocks opened higher on Friday in cautious trade, with concerns about overheating weighing on the market after a mixed close on Wall Street. The benchmark Nikkei 225 index was
February 11, 2021 (MLN): Gallup Pakistan finds economic wellbeing to be improving once again in Wave 9 as 6 of 7 indicators improve. While the economic impact of COVID-19 has been immense, statistics
February 11, 2021 (MLN): The sale of passenger cars during the month of January 2021 was recorded at 14,543 units against a total production of 13,826 units, showing a growth of 29.3% as
February 11, 2021:Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the 5th meeting of the FBR Policy Board at FBR HQs today. Federal Minister for Privatization Mohammad Mian Soomro, Adviser
February 11, 2021 (MLN): Three days ago on February 8, Hong Kong police made its largest-ever drugs bust. The police seized 682kg of Ketamine worth HK$437 million (US$56m) disguised inside the packaging of
Feb 11, 2021: The International Energy Agency warned Thursday the world oil market remains fragile, despite a recent recovery in prices, as tighter restrictions are imposed to curb more contagious coronavirus variants. At
February 10, 2020: State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to facilitate Start-ups, Fintechs and Exports. The new policy for equity investment abroad will
Feb 10, 2021: Oil and Gas Regulatory Authority (OGRA) on Wednesday ‘provisionally’ determined the gas price at Rs 644.84 per MMBTU [Million British Thermal Unit] against each category of consumers on the network
February 10, 2021: The savings of the Central Directorate of National Savings (CDNS) has reached the free deposit of Rs 450 billion in the last 7th months starting from July 1 to February,
February 10, 2021 (MLN): Out of 73 eligible countries to Debt Service Suspension Initiative (DSSI), Pakistan has the highest annual debt servicing payments to official bilateral creditor countries in 2020, standing at $4.26
Feb 10, 2021: Central leader of All Pakistan Compressed Natural Gas Association (APCNGA) Ghiyas Abdullah Paracha Wednesday said the government had laid the foundation of the CNG industry’s complete revival by allowing private sector
February 10, 2021 (MLN): The National Electric Power Regulatory Authority (NEPRA) on Wednesday has notified an increase of Rs 1.5359 per unit in power tariff on account of variations in the fuel charges
June 08, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.216.27 billion during the week ended May 29, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to
June 8, 2020: Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh here on Monday has assured the representatives of business community that the government is giving proper consideration to their
June 8, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has assured that Rs 50 billion agriculture package announced by the government recently would be targeted and every attempt
Jun 08, 2020: The government and mobile industry leaders, the GSMA Monday jointly launched a report, “Pakistan, Progressing towards a Digital Economy” outlining the importance of the mobile sector to realizing the country's Digital Pakistan
Jun 08, 2020: Deals worth US $ 2.94 million were agreed at the 2020 Shandong Export Commodities (Pakistan) Online Exhibition held in Jinan, China, with 28 Pakistani enterprises being invited this May. It is reported
June 8, 2020 (MLN): The recent decision of OGRA to slash RLNG prices in Pakistan by US$1.4/mmbtu to US$6.1-6.3/mmbtu would boost liquidity for Pakistan Gas sector which has been facing severe liquidity constraints on account
Jun 08, 2020: The federal government has so far authorized release of Rs 584.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as against the
June 8, 2020 (MLN): The Ministry of Energy (Power Division) has formed a sub-committee for negotiation with Independent Private Power Producers (IPPs) to address their issues on the amount, rationale and mechanism of excess payments
June 8, 2020: Foreign Minister Makhdoom Shah Mahmood Qureshi said countries exports have dwindled but Govt is positively hoping full for remittances being sent by expats. Addressing Pakistani community via video link held at town
June 8, 2020: Prime Minister Imran Khan has directed to reduce non-development spending and increase development expenditure in the upcoming budget. He was chairing a high-level meeting in Islamabad yesterday (Sunday) on the proposed budget
Jun 07, 2020: The Oil and Gas Regulatory Authority (OGRA) on Sunday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the Sui Southern Gas Company and Sui Northern Gas Pipe Lines for the
June 7, 2020 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic
June 7, 2020: Central Development Working Party (CDWP) meeting on Saturday chaired by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan. CDWP approved 13 projects worth Rs.36.18 billion and CDWP recommended a US$ 7.2 billion ML-1
Market Data and Economic Indicators Weekly Performance Jun 05, 2020 May 29, 2020 PKR InterBank 163.3011 163.1022 KSE100 Index 34,350.42 33,931.23 Avg Daily Volume 156,369,652 213,880,658 Gold (Karachi) Rs/10 gm 83,676 83,333 KIBOR 6M
June 07, 2020 (MLN): The latest weekly economic roundup provides a summary of the key economic and financial developments from the preceding week. The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by
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