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Government Initiative

Government Initiative

Imran Khan says ‘red-tape’ chokes development of projects In Pakistan, Prime Minister Imran Khan said that development projects he introduced have been hampered because of the ‘red-tape’ culture. With an obvious reference to Pakistan’s entrenched bureaucracy, Imran said that red-tapism …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

‘Philippine economy to shrink 8pc in 2020 The Philippine economy is projected to contract by 8 percent this year as a prolonged community quarantine and inadequate fiscal support would likely delay its recovery. In a report on Thursday, London-based research …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

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Government Initiative

Government Initiative

Imran Khan inaugurates first ventilator manufacturing facility Pakistan Prime Minister Imran Khan inaugurated the production facility of the first indigenously developed ventilators in Pakistan at the National Radio & Telecommunication Corporation (NRTC) in Haripur. The Prime Minster was given a …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

Keeping Indonesia’s economy afloat through the COVID-19 pandemic Indonesia faces one of the most difficult outlooks in Asia amid the economic pandemic unleashed by COVID-19. The principal economic problem is not the old one of capital flight, but about funding …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

Read More »

Government Initiative

Government Initiative

*Pakistan’s circumstances not the same as Wuhan, Europe: Imran Khan on COVID-19 lockdown Prime Minister defended his decision not to impose a complete COVID-19 lockdown once again, saying that Pakistan’s circumstances were different from Wuhan city and Europe. Speaking about …

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Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

Asia-Pacific Region IMF sees Philippine economy shrinking further by 3.6pc in 2020 The Philippine economy will contract further this year due to the global economic disruption brought about by the COVID-19 pandemic, International Monetary Fund projections indicate. In its World …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

Read More »

Asian Economy: Overview, Growth & Development

Asian Economy: Overview, Growth & Development

Asia-Pacific Region Japan’s economy is bottoming out, eyes on recovery: finance minister Japan’s economy appears to have hit bottom and is eyeing a recovery from the damage caused by the coronavirus pandemic, its finance minister said, underscoring cautious optimism spreading …

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Kibor Rates

Kibor Rate

Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken …

Read More »