Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
Diplomats stress improving Pakistan’s perception to attract FDI
KARACHI: Foreign investors are keen to explore investment opportunities in Pakistan but the negative perception, excessive paperwork and red-tapism are hindering Foreign Direct...
Market Daily: Indices register gains as rupee tumbles
LAHORE: Stocks at Pakistan Stock Exchange (PSX) rebounded in the backdrop of 3 per cent Rupee depreciation against dollar here on Tuesday...
Market Daily: Indices feel the heat post budget, sheds 271pts
Having lost 680.33 points intraday to reach levels of 43,386.63, market bulls tried hard to stage a recovery after noon. Their efforts paid off to some extent and the index ended short of 271.96 points at 43,795.00.
Pakistan rated as top destination for Japanese investors
TOKYO: In a survey released by Japan External Trade Organisation (JETRO) this month, Pakistan was ranked top in Asia for Japanese investors.
Board...
Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT
Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to the bank about the proceeds of the bond sales
Asad Umar presents amendments to budget for ongoing fiscal year
Finance Minister Asad Umar on Tuesday announced a “mini-budget” in the National Assembly and said that if the government continues in the present economic trajectory, the country will be doomed.
Pakistan launches VC Fund to boost startup ecosystem
The fund will provide up to $10 million annually to early-stage startups that have secured other investors, aiming to attract global venture capital back to the country.
Market Daily: PIA takes off amid crashing indices
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE 100 index shed 586.23 points as the rally started in December seems to have come...
PM welcomes Qatar’s interest in exploring investment opportunities in Pakistan
ISLAMABAD: The Qatar Investment Authority (QIA) has expressed a keen interest to invest in housing, energy, tourism and airport management sectors of Pakistan,...
Pakistan amongst best performers, up by 12pc on MSCI, says report
LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per...
Bitcoin struggles to stay above $10,000
NEW YORK: The cryptocurrency fell below the psychologically key level of $10,000 on Thursday, failing the latest attempt to recover from a...
Chinese debt burden: Facts and Fiction
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
SBP may increase 50bps to 7 per cent discount rate, analysts suggest
Market analysts expect a hike of further 200bps in 2nd half of 2018, which will take SBP’s policy rate to 8.5 per cent by December 2018
Board of Investment chairman calls for enhanced Japanese investment in Pakistan
ISLAMABAD: Minister of State and Board of Investment Chairman Naeem Y Zamindar, who is visiting Japan, addressed a special meeting of the...