Feb 08, 2020: Global stocks mostly fell Friday as investors pocketed profits from this week's rallies, despite data showing a surge in US job creation. Equities largely bounced back this week after heavy
Feb 07, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.21% during the week ended Feb 06, 2020 while the SPI increased by 17.58% compared to the
Feb 07, 2020 (MLN): Pakistan's trade deficit for 7 months (July-January) FY20 was USD 13.75 billion compared to a deficit of USD 19.20 billion from the corresponding period from FY19. According to data
February 7, 2020: The World's renowned exhibition of Fruits & Vegetables – “Fruit logistica” has recently concluded in Berlin (Germany). Eight Pakistani companies set up their stalls while TDAP also established a national Pavilion in the
February 7, 2020: Consul General of Indonesia Totok Prianamto has underscored the need to further build and strengthen the trade and economic ties between Indonesia and Pakistan, besides promoting business-to-business and people-to-people contacts
February 7, 2020 (MLN): Govt has decided to introduce relief package for small software houses. This was announced in a meeting regarding Information Technology, held today chaired by Prime Minister Imran Khan. He
February 7, 2020: Trade Development Authority of Pakistan and Animal Quarantine Department, Ministry of National Food Security and Research, Islamabad invited The Department of Veterinary Services, Ministry of Agriculture and Agro – Based
February 7, 2020: Adviser to the Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood on Friday apprised the Senate that the country’s exports witnessed 2 per cent increase during July
February 7, 2020 (MLN): The novel coronavirus, which has been spreading in China like a wildfire, has taken a serious toll on the country’s people and economy. According to a report by S&P,
Feb 07, 2020: Asian markets fell Friday after a week-long rally as investors take profits and assess developments in China's deadly coronavirus crisis. Strong US data, Chinese financial support and a broadly healthy
Feb 06, 2020: Federal Minister for Economic Affairs Hamad Azhar on Thursday said the incumbent Pakistan Tehreek e Insaf (PTI) government had no plan to announce a mini budget. It was well aware
February 6, 2020: Advisor to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chairs a meeting here at the Finance Division to discuss different issues related to the Power Sector.
February 6, 2020: Federal Minister Privatization Mohammedmian Soomro and Punjab Law Minister discussed legal matters relating to the privatization of power plants HaveliBahadarsh and Balloki today in Lahore. Additional Chief Secretary Punjab, Secretary
February 6, 2020: Cement sector continued to post growth in the month of January as its total despatches increased to 4.074 million tons, an increase of 11.26 percent from 3.662 million tons during
February 6, 2020: A Chinese technology company, Timesaco, plans to invest more than $600 million in Pakistan’s ailing public transportation sector, hoping to restructure and digitize it by imitating the Chinese model. “Our
ISLAMABAD, Jan 1: The Economic Coordination Committee of the Cabinet (ECC) Tuesday approved the proposal of Ministry of Energy (Petroleum Division) for supply of up to 25 MMCFD additional gas from Adhi Gas Field to
ISLAMABAD, January 1: The federal government has issued a notification, appointing Mr. Farrukh H. Sabzwari as Chairman of the Securities and Exchange Commission of Pakistan (SECP). Mr. Sabzwari was appointed Commissioner at SECP on November
January 01, 2019: Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Syed Zulfikar Abbas Bukhari on Tuesday said that expats-friendly initiatives for overseas Pakistanis would be hallmark of New Year. Extending
January 01, 2019: The Supreme Court on Tuesday was informed that Federal Board of Revenue (FBR) has recovered Rs.167 million from Pakistani citizens holding undisclosed foreign bank accounts and properties abroad. This was pointed out
January 01, 2019: The incumbent government has chalked out an innovative strategies to cope with circular debt crisis and host of issues pertaining to power sector in a sustainable manner. Anti-Power Theft campaign, reducing the
January 01, 2019 (MLN): Public Accounts Committee held a meeting in Islamabad on Monday under the chairmanship of Mian Muhammad Shahbaz Sharif. . Ministry of energy’s secretary briefed the PAC regarding increase in Circular debt
January 01, 2019: Prime Minister Imran Khan says construction of five million housing units is one of the top listed projects of the government. Chairing a meeting of Naya Pakistan Housing Project in Islamabad, he
January 01, 2019: The Supreme Court has directed the FBR to submit a complete report about the assets and properties owned by Pakistanis abroad by 13th of this month. A three member bench of the
January 01, 2019: Meeting of the federal cabinet will be held on Wednesday with Prime Minister Imran Khan in the chair. The cabinet will discuss various matters and likely to take important decisions.
January 1, 2019 (MLN): Finance Minister Asad Umar chaired a meeting in Islamabad on Monday to review the work progress on different economic zones in the country. Planning Minister Makhdoom Khusro Bakhtyar was also present
January 01, 2019 (MLN): Government has decided to fill the revenue shortfall by increasing the sales tax. According to the official sources, sales tax on all petroleum products have increased by 17 percent, sales tax
ISLAMABAD, Dec 31: Pakistan Telecommunication Company Limited (PTCL) has signed an agreement for Rs4 billion Unsecured Subordinated Debt Facility (Tier 2 capital) with U Microfinance Bank (U Bank) as this capital addition will enable the
December 31, 2018 (MLN): The government has reduced the price of petroleum products by up to Rs.4.86 per liter for the month of January 2019. In a press release the Ministry of Finance notified about
ISLAMABAD, Dec 31: The Central Directorate of National Savings (CDNS) has achieved Rs 84 billion savings during last month of second quarter of current fiscal year, from July 1 to December 28,2018-19. The CDNS has
December 31, 2018: Indus River System Authority (IRSA) Monday released 26,400 cusecs water from various rim stations with inflow of 33,100 cusecs. According to the data released by IRSA, water level in the Indus River
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