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UAE rolls over $2b Pakistan’s loan payment
Aftab Ahmed Islamabad: The United Arab Emirates (UAE) has rolled over the payment of a $2 billion Pakistan loan. Pakistani foreign minister spokesperson Zahid Hafeez Chaudhri…
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FPI fell by 45% in March
Islamabad: Foreign Private Investment fell by 45% year on year (YoY) basis to USS159mn during Mar 2021 primarily because of a decline in Foreign Direct Investment…
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Russian Businessmen visit Pakistan
Aftab Ahmed Islamabad: In a major development, a delegation leading Russian businessmen is visiting Pakistan to boost cooperation in different sectors between two countries. Pakistan and…
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Mari Petroleum announces 600% cash dividend
Aftab Ahmed Islamabad: Mari Petroleum on Monday announced 600 percent dividends for the shareholders. The company will pay Rs 8 billion worth of dividends to the…
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ECC amends LNG based power plants’ agreements
Aftab Ahmed The Economic Coordination Committee (ECC) on Wednesday approved an amendments in agreements of three LNG-based power plants relating to gas supply and purchase of…
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SECP launches Digital Certified True Copies
The Securities and Exchange Commission of Pakistan (SECP), in its pursuit of end-to-end digitization of regulatory processes, has achieved another milestone with the launch of the…
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SECP witnessed 39% growth in companies’ incorporation
The reforms introduced by the Securities and Exchange Commission of Pakistan (SECP) for ease of doing business and digitalization are resulting in the continued growth of…
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Asad Umar stresses on changing incentive structure
Federal Minister for Planning, Development and Special Initiatives, Asad Umar has said that Pakistan needs economic transformation by redefining resource allocation and incentive structure. Asad Umar…
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Consumers’ companies’ Profits up by 80%
Pakistan’s consumer companies-Discretionary, Staples, and Pharmaceuticals have registered an increase in profitability of 80% YoY during 4Q2020 against 86% YoY in 3Q2020. In full-year 2020, the…
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Pakistan, Germany to Enhance Trade and Investment
Bernhard Schlagheck, German Ambassador to Pakistan called on Mr. Abdul Razak Dawood, Advisor to the Prime Minister on Commerce & Investment. The Secretary of Commerce along…