Business
Business
KSE expected to join MSCI Emerging Markets claims its director
The Karachi Stock Exchange (KSE) Managing Director Nadeem Naqvi said earlier yesterday that Pakistan is all set to join the…
900MW solar project: Chinese govt intervenes as $1.5b investment at stake
The Chinese government has stepped in to save the $1.5-billion investment being made by Zonergy Company in developing a 900-megawatt…
Gwadar’s free trade zone: Pakistan to hand over almost 3000 acres to China
The Pakistani authorities will formally hand over 2,281 acres of Gwadar Port’s free trade zone to the Chinese Oversees Ports…
Pakistan’s lower 40% to be badly affected by 2030
The effect of prolonged climate change is more severe than anticipated. In fact the latest World Bank report says that…
Moody’s report: International bonds weaken Pakistan’s debt affordability
Islamabad: Pakistan’s debt affordability has weakened after it shifted to non-conventional loans by issuing $3.5 billion worth of international bonds, increasing…
500 strong: Meezan Bank takes over HSBC’s operations
Meezan Bank has acquired HSBC Bank Oman operations in Pakistan, a stock filing report stated earlier yesterday. Owned 51% by…
Brokerage house sold for for Rs. 213.4m
The lnvest & Finance Securities (IFS) brokerage house has been sold for Rs. 213,4m. One of the few listed brokerage…
$6.2b package: IMF sets deadline for applying new taxes
"Pakistan will have to make around Rs40 billion in additional tax measures in the next two weeks," the chief of…
Pakistan agrees to raise billions in new taxes
In order to secure the next $502 million loan tranche from the International Monetary Fund (IMF), Pakistan has agreed in…