Why Pakistan’s cotton value-chain has begun to atrophy
The industry blames a lack of government support, but capital appears to be shifting away from manufacturing, and the economics of growing other crops is better than that of cotton
Money launderers deserve no concession, maintains PM
–PM reviews steps to counter money laundering, financial corruption
–Six banks fined Rs 247m over fake bank accounts: SBP
–Foreign remittances up by 12.5pc after govt...
SBP to cease issuance of Rs40,000 prize bonds from 15th Feb
The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy
Pakistan ranked 131st freest economy, receives freedom score of 55: Report
According 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
Trade at Sost resumes as army intervenes, suspends WeBOC system
Bilateral trade was suspended since 85 days following traders’ protest against WeBOC system
After Careem and Uber, will the next boost to Pakistan’s ride hailing market come from a women-only service?
Both Paxi and Safr want to create a safe environment for women using this mode of transportation, but it is unclear if both management teams will be able to create businesses that can scale
Asad Umar says striving hard to bring Paypal to Pakistan
Finance minister says apart from inviting PayPal, he is working on another online payment system, AliPay.
PESHAWAR: Finance Minister Asad Umar said...
Market Daily: Foreign investors slash Pakistan equities by 6pc in May
Pakistan’s foreign portfolio investment witnessed 9-month high outflow of $73 million during May 2018, while YTD outflow remains at $59 million.
Market Daily: Indices make a comeback, gain 484 points
Foreign investors were net buyers, at last, and the market posted return of 1.15 per cent or 484 points in a single day, closing at 42,623 index level.
Edotco planning to invest $250 million in Pakistan over next five years
Chairman Edotco Group said the company wanted to become a partner in Digital Pakistan Programme
Market Daily: Indices crumble along with rupee, shed 680.01 points
The KSE 100 dropped to an intraday low of 42,954.89 after a loss of 727.95 points before it settled down at 680.01 points at 43,002.83.
Rupee stronger against the dollar
Market Analyst Hammad Malik told Profit, “I think Rs125 is a fair price against the greenback and it will likely revolve around it.”
While PSX has a horrible year, one company more than doubled its share price
Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in
Private lunch with Warren Buffett auctioned off for $3.3 million
An anonymous bidder offered more than $3.3 million on Friday for a private lunch with Warren Buffett, an amount just short of the record paid in 2016 and 2012 for the chance to pick the brain of the renowned investor and philanthropist.