China’s Factory Activity Stuns with Fastest Growth in a Decade
China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on…
Eurozone Inflation Softens to 8.5 percent in February as ECB Signals Interest Rate Hiking is Not Over
New data out of the euro zone on March 2, 2023 suggested that inflation is taking a while to come…
Bangladesh Urges G-20 to Force Companies Making Profit from Ukraine War to Compensate Poor Nations
Bangladesh’s foreign minister said companies making “runaway profit” from the war in Ukraine should compensate affected, less developed nations. “In…
SECP Organizes Financial Reporting Workshop on NBMF Sector
The Securities and Exchange Commission of Pakistan (SECP), organized a financial reporting workshop on Non-Banking Microfinance (NBMF) sector, in light…
ADB Renews Resolve to Work with Pakistan on Economic Challenges
A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea called on Prime…
Fiscal Performance Remains Satisfactory: Economic Outlook
Despite considerable challenges both at domestic and external fronts; the fiscal sector performance remained satisfactory, according to latest report released…
FBR Shines Again: Commendable Performance Under Difficult Circumstances, Surpasses Budgetary Target for February 2023
Federal Board of Revenue (FBR) has once again demonstrated great revenue collection performance during February 2023, despite difficult economic situation.…
Pak Scientists Develop Local Intercropping Techs with Sino Experience to Save Oilseeds Imports
A team of young Pakistani agricultural scientists at the National Research Center of Intercropping (NRCI), the Islamia University of Bahawalpur…
MPC, SBP Decides to Raise the Policy Rate by 300 Basis Points
At its meeting held on March 2, 2023, the Monetary Policy Committee (MPC) of State Bank of Pakistan decided to…
PBA Announces Launch Date for Shared eKYC Project Following Agreement Signing
The Pakistan Banks’ Association (PBA) has announced the commencement of the first phase of the Shared eKYC Project, set to…