Mohammad Farooq

Headlines

In July, SBP also disposed of all the objections raised by the shareholders regarding the amalgamation of the defunct KASB Bank into BankIslami

Headlines

The official members of EAC include Minister for Finance, Revenue and Economic Affairs, Minister for Planning Development and Reforms Division, Governor State Bank of Pakistan, Deputy Chairman Planning Commission, Adviser on Commerce and Adviser on Institutional Reforms

Headlines

Unity Foods earlier this month announced the launch of its new edible oil brand “Dastak” and said commercial production was expected to commence in September 2018

Headlines

Indus Motor is going to make a capital expenditure of Rs3.3 billion to increase production capacity from 65,000 units to 76,000 units on a double-shift basis which is anticipated to produce great benefits in FY20-21

Headlines

Engro Polymer at the end of December 2017 sent a notification to PSX informing its board of directors had approved a capital expenditure of Rs10.3 billion for the addition of a new PVC Plant

Economy

In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan

Economy

Moody's said about one-third of government debt was denominated in foreign currency and its gross borrowing requirements stood around 27-30 percent of GDP, the highest amongst rated sovereigns

Economy

Fitch projects Pakistan will seek potential financing from various sources including China, multilateral development bank and possibly the IMF

Economy

Speaking about former finance minister Ishaq Dar, Mr Mian said stripped the independence of the State Bank of Pakistan (SBP) and kept the exchange rate appreciated, which he termed a “Dutch disease” on steroids

Economy

The guarantee issued by WB’s insurance arm will assist the construction, design and operation of a Hyundai vehicle assembly plant to be established in Lahore

Headlines

On Monday, the inter-bank market had opened to gains of Rs5.86 against the greenback, touching Rs122 in the inter-bank market, as it kept swinging during trading, shedding 4.6 percent of its value

Headlines

Inner Mongolia Yili Industrial Group Co., Ltd. produces and sells dairy products in China and internationally