November 15, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Morgan Stanley Capital International (MSCI) has not made any changes to the list of Pakistani companies in the Frontier Market Index. Read more
The International Monetary Fund (IMF) mission has concluded negotiations with the economic team, with a strong likelihood of a successful outcome. Read more
The IMF has demanded to impose a windfall tax of up to Rs55 billion on bank profits, as one of its conditions to complete the first review of the Stand-by Arrangement (SBA). Read more
Saudi Arabia has shown interest in acquiring the government's stake in Pakistan's Reko Diq gold and copper mine. Read more
Pakistan is working on plans to secure $70 billion in investments through Special Investment Facilitation Council (SIFC). Read more
To secure financial assistance from friendly nations for Pakistan, the IMF mission met with the Ambassador of Qatar to discuss financing and investment opportunities. Read more
The Pakistani dairy products that meet the inspection and quarantine requirements are now permitted to be imported to China as of November 06. Read more
The Pakistani rupee (PKR) maintained its downward trend by depreciating by 32 paisa against the US dollar to settle at PKR 287.87. Read more
The benchmark KSE-100 index manages to notch up another gain despite selling pressure, closing at 56,666. Read more
Domestic bullion continued its upward trend on Tuesday as the price of 24-karat gold increased by Rs1,000 per tola to settle at Rs212,800. Read more
The cabinet has resolved the issue of blending local and liquefied natural gas (LNG) for new and old exporters which is expected to contribute an additional $3 billion to exports this year. Read more
SBP has allowed ASA Microfinance Bank (Pakistan) Limited to commence microfinance lending business nationwide. Read more
In a significant step towards revolutionizing cotton production in Pakistan, APTMA Cotton Foundation (ACF) and Better Cotton Initiative Pakistan (BCI) have entered a MoU. Read more
The net sale of securities during the week clocked in at Rs531.7m, as compared to a net purchase worth Rs1.36bn recorded last week. Read more
The country’s overall nutrient offtake surged by 24.8% YoY to 349,000 tons during October 2023 as compared to an offtake of 280,000 tons in the same month last year. Read more
The BoD of TPL Corp Limited has accorded its approval to the company to jointly explore the potential acquisition of a majority shareholding in FINCA Microfinance Bank Limited along with Abhi Limited. Read more
Global oil prices edged up on Tuesday on expectations of strong fundamentals after OPEC nudged up its forecast for world oil demand growth in 2023, coupled with potential supply disruptions amid the U.S. cracks down on Russian oil exports. Read more
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Posted on: 2023-11-15T07:03:02+05:00
