Why Chinese banks are turning wary of Pakistan loans
Chinese banks have increased their commitment to Pakistani sovereign loans in recent years and policy lenders China Development Bank and the Export-Import Bank of China (Chexim) are playing a leading role in financing CPEC's construction of ports, power stations and transport links.
Descon CEO quits own company, becomes PM’s aide
LAHORE: Descon Engineering Limited's chairman, Abdul Razzaq Daud, today resigned from his own company to join the incoming government on the special...
What can devaluation of Turkish lira mean for Pakistani rupee?
Turkish lira’s recent drop will boost the US dollar adversely affecting the Pakistani Rupee in return
Fitch warns external finance risks could constrain incoming government
Fitch projects Pakistan will seek potential financing from various sources including China, multilateral development bank and possibly the IMF
The fate of the Taseers
The financial costs of opposing the blasphemy law in Pakistan?
Taking Pakistan higher on the World Bank ladder
In the realm of creating an environment for ease of doing business, Ms Fareena Mazhar is hoping that BoI would find an ally in the coming PTI government
Why packaging is not a ‘me too’ business
A complex industry with unique oddities and healthy growth
PEPCO continues to function despite directions for dissolution by the former cabinet
ISLAMABAD: Despite the directions passed by the Peshawar High Court (PHC) in 2011 and a decision by the then federal cabinet for...
Investors to keep track on potential inflows from multilateral institutions
LAHORE: Experts believe that investors are going to keep a strict check on the economic development of the country with regards to its...
Various hydropower projects along River Indus neglected due to govt inefficiencies
ISLAMABAD: The previous government of Pakistan Muslim League Nawaz (PML-N), which facilitated the coal, LNG and solar powered plants to meet the...
World Bank’s insurance arm issues guarantee for $66m loan to Sojitz Corporation
The guarantee issued by WB’s insurance arm will assist the construction, design and operation of a Hyundai vehicle assembly plant to be established in Lahore
SBP may object to making ‘Wealth Fund’ for privatising PSEs: economists
ISLAMABAD: While the finance minister-in-waiting Asad Umar has claimed that his government during its first 100 days, will create a ‘wealth fund’ to...
Pakistan’s forex reseves decrease by $74.70mn
According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at...
Pakistan likely to borrow more than $4b from Saudi bank
ISLAMABAD: A Saudi-backed Islamic Development Bank (IDB) is poised to lend Pakistan more than $4 billion to revive the nuclear nation's depleting foreign...
Dr Shamshad Akhtar likely to be posted Deputy Chairman Planning Commission in next govt
Various economists, bankers have also started lobbying for the post of SBP Governor: sources