Four years after elevating it to an Emerging Market, investment advice body returns Pakistan Stock Exchange to a Frontier Market
https://www.newsweekpakistan.com/msci-to-downgrade-psx-to-frontier-markets/
Daraz Pakistan’s new CCO debuts her first mega sale for the e-commerce giant
https://www.newsweekpakistan.com/introducing-muditha-premarathne/
According to the State Bank of Pakistan, overseas Pakistanis remitted $2.436 billion in December 2020 compared to $2.097bn in December 2019
Monetary Policy Committee claims strengthening of economic recovery, especially in large scale manufacturing and current account surplus
https://www.newsweekpakistan.com/state-bank-of-pakistan-maintains-interest-rate-at-7/
Directive specifically targets Zee5, a platform that has gained in popularity after broadcasting Pakistani serial ‘Churails’
https://www.newsweekpakistan.com/pakistan-bans-online-payments-to-india/
Facing the fluctuations of the world economy during the COVID-19 pandemic, Chairman of the Board of Directors of SAPA Thale Group, billionaire Mai Vu Minh, shares investment strategies for today�...
https://www.newsweekpakistan.com/proactive-change-in-a-changing-world/
British High Commission says flights will start from Oct. 14 and will be operational four days a week
https://www.newsweekpakistan.com/british-airways-to-launch-direct-lahore-london-flights/
Industries minister Hammad Azhar says South Korean firm has appreciated government’s policies to encourage local production
Central bank says overseas Pakistanis sent $23.12 billion home in fiscal year 2019-20
https://www.newsweekpakistan.com/boost-in-remittances-during-pandemic-state-bank-of-pakistan/
Byco, Askar and BE Energy fined Rs. 5 million each for creating ‘artificial fuel shortage’
https://www.newsweekpakistan.com/ogra-fines-oil-marketing-companies-for-hoarding/
Benchmark rate slashed fourth time in four months to help economy recover from impact of COVID-19
https://www.newsweekpakistan.com/state-bank-of-pakistan-cuts-interest-rate-to-7/
Central bank says inflation rates were higher in Argentina, Iran, Nigeria and Turkey
https://www.newsweekpakistan.com/pakistan-did-not-witness-highest-inflation-in-world-clarifies-sbp/
Benchmark rate slashed third time in three months to help economy recover from impact of COVID-19
https://www.newsweekpakistan.com/state-bank-of-pakistan-cuts-interest-rate-to-8/
Under non-exclusive licensing agreement, Ferozsons will be allowed to set its own prices for generic version of drug
https://www.newsweekpakistan.com/pakistans-ferozsons-secures-gilead-license-to-produce-remdesivir/
Central bank to finance up to 100% of salaries of businesses with average 3-month wage bill up to Rs. 500 million
Federal government allocates Rs. 30 billion for banks, spread over 4 years, to share any burden of losses due to bad loans
Petrol to now cost Rs. 81.58/liter; high-speed diesel Rs. 80.10/liter; light-diesel Rs. 47.51/liter; and kerosene oil Rs. 47.44/liter
https://www.newsweekpakistan.com/fuel-prices-slashed-in-pakistan-in-line-with-global-trends/
Following the transaction, EMPG becomes a ‘unicorn,’ valued at $1 billion
https://www.newsweekpakistan.com/empg-olx-group-merge-mena-south-asia-operations/
Prior to COVID-19 pandemic, the FBR had aimed to collect Rs. 5,238 billion in revenue
https://www.newsweekpakistan.com/fbr-revises-2019-20-collection-target-down-to-rs-3908bn/
Parent company of Pakistan property portal Zameen.com expands operations with acquisition of Kaidee
https://www.newsweekpakistan.com/empg-acquires-thailands-largest-online-marketplace/
Central bank says decision taken to reduce interest rate for second time in one month due to impacts of coronavirus
https://www.newsweekpakistan.com/state-bank-of-pakistan-slashes-interest-rate-to-9/
Refinancing scheme is designed to incentivize struggling businesses to retain workforce during the ongoing pandemic
https://www.newsweekpakistan.com/sbp-launches-scheme-to-prevent-layoffs-due-to-covid-19-lockdowns/
Currently producing 300 metric tons of LPG per day, JJVL hopes to expand it to 400 metric tons to meet growing demand
https://www.newsweekpakistan.com/jjvl-boosts-lpg-production-to-meet-demand-amid-covid-19-lockdowns/
Kristalina Georgieva says global fund is urging bilateral creditors to suspend debt collections from poorest countries for at least a year
Exchange rate hits record-setting heights amid volatility emerging from coronavirus impact on economy
https://www.newsweekpakistan.com/pakistani-rupee-drops-to-167-5-against-u-s-dollar/