May 29, 2020: Prime Minister Imran Khan while stressing the need of dealing with the economic problems caused by the COVID-19 pandemic holistically as a global issue has said the world would not
May 29, 2020: Equities fell in early trade Friday after Donald Trump called a news conference for later in the day to outline his response to China's plan to crack down on Hong
May 28, 2020: Advisor to Prime Minister on Commerce Razak Dawood has said that Pakistani exporters have obtained large orders of face masks from United States, Canada and Europe. In his tweets today,
May 28, 2020: President, Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ahmed Waheed on Thursday urged the government to cut high taxes on rental income to 10 percent in the forthcoming budget
May 28, 2020 (MLN): Petroleum, Agriculture Products & Chemicals, Machinery and Food are the commodities that Pakistan imported heavily during Jul-Apr FY20 as they accounted for 23%, 16%, 14% and 11% of the
May 28, 2020 (MLN): Total exports of Pakistani goods as per Balance of Payment (BoP) fell by 23.5% MoM and 33.2% YoY to $1.39 billion in April’20, showing the international trade disruptions due
May 28, 2020 (MLN): Just like the previous month, Pakistan’s exports performance remained miserable in the month of April 2020, as the exports of major commodities continued to fall in the aftermath of
May 28, 2020 (MLN): A report by Economic Intelligence Unit that was published recently says that the coronavirus pandemic is a game-changer for the global economy. According to its contents, the years 2020
May 28, 2020: The State Bank of Pakistan will observe 10:00 a.m. to 4:30 p.m. from Monday to Thursday and 10:00 a.m. to 1:00 p.m. on Friday, as the office timings for all
By Salman Ahmed Shaikh External debt servicing and trade deficit put pressure on the country’s foreign reserve and exchange rate repeatedly. After entering the recent IMF program to source $6 billion in 2019,
May 28, 2020: The United Nations has called for multilateral efforts not only to fight COVID-19 outbreak but also to mitigate economic blow that developing countries face. Speaking at a joint briefing in
May 28, 2020: European stock markets opened higher Thursday, gaining more traction from a huge EU coronavirus recovery package and growing optimism over reopening economies. In initial deals, London's FTSE 100 index marched
May 28, 2020: Prime Minister Imran Khan will be participating in a virtual High-Level Event on Financing for Development in Era of Covid-19 and Beyond, today. The high-level event is being hosted by
May 28, 2020: A delegation of Nishat Group called on Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh to apprise him of the damage done by COVID-19 related
May 23, 2020 (MLN): International Monetary Fund (IMF) has resumed discussions with Pakistan to complete the second review for extended fund facility program, which was deferred last month due to outbreak of the
May 30, 2019 (MLN): During the outgoing week, foreign investors in local equity market continued to sell off securities due to economic instability which has been gripping Pakistan for a few weeks now. According to
May 30, 2019: Meeting of the Economic Coordination Committee (ECC) of the Cabinet is underway in Islamabad with Adviser on Finance Abdul Hafeez Shaikh in the chair. The Committee is discussing 23-point agenda, including supplementary
May 30, 2019: The export of Pakistani seafood from Gwadar to Chinese cities through Urumqi, China’s Xinjiang autonomous region has increased manifold owing to robust demand, Chen Baoliang, chairman of the board of Xinjiang Yu-Fei
May 30, 2019: Federal Board of Revenue has issued instructions to all Large Taxpayer Units, Corporate Regional Tax Offices and Regional Tax Offices to open and extend working hours tomorrow till 06:00 P.M. The
ISLAMABAD, May 29: The Chairman, Securities and Exchange Commission of Pakistan (SECP), Farrukh Sabzwari, has said that SECP is embarking on digital transformation, end-to-end process automation and enabling user environment for all its regulatees. The
May 29, 2019: A meeting of the National Economic Council chaired by Prime Minister Imran Khan is in progress in Islamabad. It is discussing the federal development budget for the next fiscal year. Adviser on
May 29, 2019: The federal government has so far released Rs 581.9 billion out of total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new social
May 29, 2019 (MLN): K-Electric has issued a notification in which it revises electricity tariffs with effective from June 1st 2019. According to the notification, general supply tariff for residential purpose, the tariff for sectioned
May 29, 2019: Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said budget would focus on moving the economy towards stabilization, reducing fiscal deficit through mobilization of revenue and
May 28, 2019 (MLN): The Government of Pakistan has announced that June 4th to 7th, 2019 (Tuesday to Friday) shall be public holidays on the occasion of Holy Festival of Eid-ul-Fitr. Copyright Mettis Link
May 28, 2019 (MLN): State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “VIS Credit Rating Company Limited (VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)”
May 28, 2019: The Indus River System Authority (IRSA) Tuesday released 197,000 cusecs water from various rim stations with inflow of 202,200 cusecs. According to the data released by IRSA, water level in the Indus
May 28, 2019: The government has so far paid Rs 62.5 billion to the local textile industry under Prime Minister’s Exports Enhancement Package since July 2017, to help boost exports from the country, senior official
May 28, 2019 (MLN): Pakistan Water and Power Development Authority (WAPDA) filed an application of License Proposed Modification (LPM) in the existing generation license of WAPDA Hydroelectric to NEPRA, in which revision in total generation
May 28, 2019: National Electric Power Regulatory Authority (NEPRA) on Tuesday approved 55 paisa per unit hike in the power tariff on account of fuel price adjustment for the month of April. Central Power Purchase
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