JS Global’s Pakistan Investment conference ends in US
KARACHI: JS Global Capital (JSGCL), Pakistan’s leading brokerage and investment banking firm, organised the third of its kind Pakistan Investment Conference 2018...
Economists urge avoiding IMF, focus on amnesty as FATF puts Pak on grey list
ISLAMABAD: Despite concentrated efforts to avoid the inclusion, Pakistan has officially been placed on the Financial Action Task Force (FATF) 'grey list'Â on...
Pakistan’s gross borrowing requirement stands between 27-30 percent of GDP: Moody’s
Pakistan (B3 negative) alongside Argentina (B2 stable), Ghana (B3 stable), Mongolia (B3 stable), Sri Lanka (B1 negative), Turkey (Ba2 RUR-), Zambia (B3 stable) are the most vulnerable to a US dollar appreciation
SMEDA facilitated Rs29.73 billion investment in last ten years
SMEDA supported up-gradation of 27 existing SME clusters by providing them common facility centres of worth Rs 2.772 billion as PSDP (Public Sector Development Programme) projects.
China eager to expand and promote FTA with Pakistan
The diplomat expressed confidence that the China-Pakistan Economic Corridor (CPEC) would lead to regional connectivity for the benefit of not only Pakistan and China but all neighbouring countries
Pakistan sugar exports touch new high, fetch $474 million for national exchequer
Pakistan's sugar production recorded a decline of 7 percent during July-April of FY18, touching 6.464 million tons against 6.969 million tons in the same period of FY17
Govt approves hike in margins of petrol, diesel sales
Petroleum Division announced a rise of 9 paisa per litre for OMCs on petrol and 12 paisa for dealers which means margins for the former would increase up to Rs2.64 per litre from Rs2.55
FATF officially sanctions to put Pakistan on ‘grey’ list
A 26-point action plan has been designed spanning a period of 15 months to avoid being blacklisted by the Financial Action Task Force (FATF)
Nepra releases new guidelines for tariff determination of power projects, equity participation
For hydropower projects having capacity up to 50 megawatts and construction periods crossing two years, a spread not surpassing 2.5 percent over Kibor will get authorized
Profit repatriation grew 18.67 percent during July-May FY18
Profit repatriations from power companies during July-May FY18 were recorded at $231.6 million against $164.3 million in the corresponding period of last year
Land troubles plague Dasu hydropower project
The next six months are crucial for the 2,160MW Dasu Hydropower plant as the acquisition of land close to the site area...
International Steels to enhance production capacity
Commissioning of International Steel’s (ISL) new mill increases their cold rolling capacity to 1.0 million tons and reaffirms their position as Pakistan’s...
Cement industry export revenues up by 9pc
According to Pakistan's Federal Bureau of Statistics, the Pakistan cement industry earned a foreign exchange revenue of $20.78 million by exporting 446,741t...
Indus Motor (Toyota) increases car prices yet again
Following the third round of rupee depreciation, Indus Motor Company, which makes Toyota vehicles in the country, has increased its vehicle prices for the...
Euro slips as trade war fears lead investors to shun risk; yuan slides
The euro fell on Wednesday as concern about an escalating trade conflict boosted the dollar and the yen, while the Chinese yuan slumped to a six-month low.