As the tally of Coronavirus cases in Pakistan crosses 80,000, the impacts of the pandemic are beginning to gain strength. Pakistan faces both a humanitarian and economic challenge with continuing lockdowns causing problems for individuals and organizations alike. The...
President Pakistan Aerospace Council (PAeC) Dr Haroon Javed Qureshi said that PIA is a national identity for Pakistan, addressing the executive committee meeting held at Islamabad, he appreciated the efforts of Air Marshal Arshad Malik in putting the national...
A Capacity building session on exports enhancement was held in Mehran Commercial Enterprises located in Korangi Creek Industrial Park on “Exporting Issues and Enhancement” on Friday. The speaker of the workshop was former Secretary Commerce & Finance Mohammad Younus...
The reforms agenda being pursued by the government with the support of IMF Extended Fund Facility (EFF) is aimed at putting the economy on a sustainable growth trajectory and the progress on nearly all the performance and structural benchmarks during...
The government of Pakistan on Friday approved appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP).
Aamir has been working as Commissioner, company Law Division (Corporate Supervision) and Commissioner Specialized...
Mian Zahid Hussain said IMF conditions to Pakistan without properly diagnosing economic ills and giving implementable solutions, quarterly review of IMF can result in another crisis if targets were not achieved.
Talking to the business community, President Pakistan Businessmen and Intellectuals...
Local equity bourse continued to be in the doldrums for another week primarily on the back of despondent economic conditions in the country. The Pak Rupee once again continued its downslide against the USD, depreciating ~2% WoW to close...
Analysts expect Jun’19 Consumer price index (CPI) inflation to settle at 9.32% YoY compared to 5.21% in Jun’18 and 9.11% in May’19, respectively. The uptick in CPI will be owed to i) increase in price of MoGas by PKR...
The down trend at KSE 100 continues amidst repo activity. Despite the absence of MTS volume, market remained under selling pressure. Power sector led the volumes on the bourse with 33M shares, followed by Banks (19M). KEL remained on...
The privatized bank UBL came under severe criticism from its account holders when it did not only blocked their accounts on the pretext of biometric process but even refused to clear their Cheques following completion of the process at...
On April 10, 2020 State Bank of Pakistan introduced a refinance scheme to provide concessional credit at 3% interest rate and generous repayment terms...
