The author is an Assistant News Editor at Profit by Pakistan Today. His works have been published in Dawn, Express Tribune, LiveMint India, Huffingtonpost India and The News on Sunday. He tweets @MohammadFarooq_
EconomyIt directed Pakistan to demonstrate that remedial actions and sanctions be applied in cases of AML/CFT violations and that these actions have an effect on AML/CFT compliance by financial institutions
EconomyOn a month-on-month basis, non-oil imports fell by 3% from $3.3 billion in December last year to $3.5 billion last month
EconomyDuring the first seven months (July-January) of the financial year 2018-19, the current account deficit declined by 17% year-on-year (YoY) to $8.424 billion
HeadlinesS.C Johnson & Son is a leading global manufacturer of household cleaning products and products for home storage, air care, pest control and shoe care, as well as professional products
FeaturedPakistan will have to push for fiscal consolidation and taxation reforms under the forthcoming IMF programme and move away from reliance on borrowing and foreign support to shore up the economy
EconomyInterloop’s IPO could become the country’s largest private sector listing on the Pakistan Stock Exchange, eclipsing that of the bourse which raised Rs4.5 billion in 2016
EconomyChina is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
EconomyGrowth in imports has stalled, but the rise in exports has failed to deliver tangible results and should be a cause of concern for the government
EconomyMoody’s said tighter domestic monetary conditions fueled by a wide current account deficit and low foreign exchange reserves will impact economic activity.
EconomyIn October, the government of Pakistan (GoP) had sought the court to throw out the Karkey Karadeniz suit seeking to confirm an $846 million arbitral award stemming from a rental power project
EconomyAccording to the report, the country’s overall score has risen by 0.6 points, with increased scores for judicial effectiveness and property rights outmatching declines in monetary freedom and fiscal health
HeadlinesAt the end of July, Inner Mongolia Yili Industrial Group Co had submitted an investment intention letter to acquire a 51 percent majority stake in Fauji Foods