September 04, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.80% during the week ended Sep 03, 2020 while the SPI increased by 9.47% compared to the
September 4, 2020: Cement despatches in August 2020 have increased by 5.04 percent from 3.351 million tons in August 2019 to 3.520 million tons. However, it was much less than the despatches of
September 04, 2020 (MLN): Pakistan's trade deficit for 2 months (July-August) FY21 was USD 3.38 billion compared to a deficit of USD 3.69 billion from the corresponding period from FY20. According to data
Sep 04, 2020: Pakistan has big opportunity to grab the the Chinese investment in renewable energy sector after the Chinese decision of expanding investment in the sector. “China as a global leader in
September 4, 2020: Pakistan’s new long-term power capacity plan fails to live up to the government’s stated principles of sustainability and affordability, reveals a study launched here on Thursday. Power demand growth forecasts
September 4, 2020: Minister for Energy Omar Ayub says the government has taken effective steps to bring improvement in the energy sector. Addressing a ceremony in Lahore, he said revolutionary changes will be
September 4, 2020: Chinese Ambassador Yao Jing says the visit of President Xi Jinping to Pakistan has been rescheduled due to coronavirus pandemic. Talking to media in Rawalpindi, he said both governments are
Sep 04, 2020: Big oil producers are pinning their future growth on the world's insatiable appetite for plastic, researchers said Friday, in a “bet” on society's failure to tackle disposable consumption that risks
September 03, 2020: The Petroleum Division (PD) on Thursday rejected negative views expressed at a virtual moot organized by a Think Tank, Islamabad Policy Institute (IPI), the other day against its decision to
September 3, 2020 (MLN): The supply of oil was restored after operations resumed at the keamari terminal following a fire which broke out earlier. According to a statement by PSO “A fire erupted
September 3, 2020 (MLN): Pakistan’s exports declined by 19.5 percent in August 2020 due to supply chain affected owing to unprecedented monsoon rains. According to Abdul Razzak Dawood posts on twitter “Positive sign
September 3, 2020: Prime Minister Imran Khan has emphasized on introducing modern technology and innovation in agriculture and other sectors. Talking to successful entrepreneurs from various fields in Islamabad, Imran Khan said it
September 3, 2020: Minister for Planning and Development Asad Umar says the government has achieved microeconomic stability and is now focussed on growth. Talking to Japanese Ambassador Matsuda Kuninori in Islamabad on Wednesday,
September 3, 2020: Prime Minister Imran Khan says the first priority of the government is to make the subsidy system organized and efficient so that assistance provided from public exchequer not only reaches
September 03, 2020: Equities rallied in Asia on Thursday following another blow-out session on Wall Street as investors bet that the global economy is on the right track, fuelled by new vaccine hopes
October 15, 2019 (MLN): The technical team of International Monetary Fund (IMF) has arrived in Pakistan and is set to commence talks from today. The technical team will stay in Pakistan for two weeks, where
October 15, 2019: Prime Minister Imran Khan has directed the ministries concerned to take measures to make the prices of essential items stable as well as ensuring their availability in markets for the benefit of
October 15, 2019: Financial Action Task Force has expressed satisfaction on the measures taken by Pakistan and its progress in various areas. Meeting of the Financial Action Task Force started in Paris on Sunday will
October 14, 2019: Indus River System Authority (IRSA) on Monday releases 103,500 cusecs water from various rim stations with inflow of 80,800 cusecs. According to the data released by IRSA, the water level in Indus
October 14, 2019: Power Distribution Companies (DISCOs) have recovered Rs. 1.8 billion from power pilferers, from October 13, 2018 to September 30, 2019. As per official sources, detection bills worth Rs. 3 billion were charged
Oct 14, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.44% during the week ended Oct 10, 2019 while the SPI increased by 13.97% compared to the corresponding period
October 14, 2019 (MLN): Word Bank recently released a document titled ‘Making De(centralization) Work’, which talks about recent economic developments as well as economic outlook of South Asian countries, including Pakistan. According to the report,
October 14, 2019: A Pakistani delegation, headed by Economic Affairs Minister Hammad Azhar, is in France to attend a crucial two-day session of Financial Action Task Force, beginning in Paris on Monday. According to sources,
October 13, 2019: Adviser on Finance Abdul Hafeez Sheikh has said the difficult decisions taken by the government have started bearing positive results on the economic front. Addressing a news conference along with FBR Chairman
October 13, 2019: Delegations of international financial institutions including the IMF, World Bank and the Asian Development Bank will pay visits to Pakistan in October and November as per the schedule. In a statement on
October 13, 2019: Central Directorate of National Savings (CDNS) Tuesday said that the investors of Rs 40,000 prize bonds have withdrawn Rs 204 billion by October 05, out of overall reserve of Rs 259 billion
October 13, 2019 (MLN): The departed week witnessed a series of ups and downs that have a direct impact on the economic operations of Pakistan. To begin with, on Friday, Pakistan and Asian Development Bank
October 13, 2019 (MLN): The country's current financial and economical snapshot was brought into clearer picture with the following data releases over the course of last week: The Weekly Sensitive Price Indicator (SPI) for the
Market Data and Economic Indicators Weekly Performance Oct 11, 2019 Oct 04, 2019 PKR InterBank 156.0652 156.5341 KSE100 Index 34,475.69 33,033.32 Avg Daily Volume 284,304,364 222,809,680 Gold (Karachi) Rs/10 gm 74,228 75,231 KIBOR 6M
Oct 12: Owing to the tough economic reforms introduced by the government, twin deficits including current account and fiscal deficit have significantly reduced, imports increased whereas exports decreased during first quarter of financial year 2019-20.
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