Year: 2018

Pakistan’s economy in 2018 faced many challenges like trade, current account and budget deficits, high inflation, depletion in foreign currency…

Statistics show that present strategy initiatives and developments counting monetary tightening, exchange rate depreciation and changes in import and custom duties are all expected…

Market Review During the week, the incumbent government’s reluctance to accept IMF’s conditions kept the investors at bay, where the…

Ambiguity and political noise led to fall of index by 2.8pc wow Summary Different versions on IMF bailout package by…

Political subjectivity, weak macro indicators keep investors tense; short-term rally likely The benchmark index of Pakistan Stock Exchange (PSX) continued…

UAE consumers careful about spending in q3 Consumers across the UAE and Saudi Arabia were increasingly cautious about their spending…

India eyes USD 100 billion FDI in next two years: Suresh Prabhu India will aim to receive USD 100 billion…

Government to provide forex for CPEC debt repayment The government of Pakistan is legally bound to ensure the provision of…

Container market improving, but still shaky A less than convincing performance in the Asia to Mediterranean headhaul market and a…

PAKISTAN NEWS: E-Commerce in Pakistan witnesses a rapid growth of 94pc: According to a report released by the State Bank…

Sooper Junoon Live Concert thrills Karachi to the core The successful reunion of Pakistan’s most legendary band – Junoon, turned…

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…

Stocks shed 335 points in a week on constant fall in traded value, volume and foreign selling Summary During the…

Uneasiness persists as IMF facility and bilateral assistance will keep market range bound The week ended 21st December 2018 witnessed…

ADNOC awards Austria’s OMV 5% stake The Abu Dhabi government and the Abu Dhabi National Oil Company (Adnoc) have awarded…

Indian farmers get $9bn loan relief ahead of elections Three newly elected Indian state governments have waived up to $8.6…

No transmission lines for solar, wind energy plants The investors engaged in setting up solar and wind power plants are…

Korean shipyards almost sweep LNG ship orders South Korean shipbuilders have bagged over 80 percent of new orders placed around…

PAKISTAN NEWS: Microsoft launches all in one office app for Windows 10: Microsoft is making its MS Office suite more…

Telenor Pakistan scoops two international architectural accolades The state-of-the-art Telenor Pakistan headquarters ’345’ is making headlines in the global architectural…

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale…