Bloomberg: The Man Steering Pakistan’s Economy Isn’t Afraid to Take Risks
A Bloomberg Story. Asad Umar’s expertise in hazardous materials should come in handy for his new job: managing Pakistan’s economy. When the nation’s new finance minister was told two decades ago he couldn’t import chemicals through a Karachi port because of its...
Bloomberg: Playing Gas Firms Off Each Other Saved Pakistan $600 Million
A Bloomberg Story: Pakistan said it saved more than $600 million over the first 10 years of a natural gas supply deal by pitting some of the world’s biggest sellers against each other. A report from the state’s oil marketing company presented two weeks ago to a senate...
Bloomberg: Imran Khan’s Party Claims Victory in Disputed Pakistan Vote
A Bloomberg story. Former cricket star Imran Khan declared victory in Pakistan’s election, boosting stocks as investors bet he’d be able to form a stable government that could address the nation’s financial woes after a vote tarred by rigging allegations. Khan’s...
Bloomberg: Slow Internet Hurting China’s Silk Road Ambitions in Pakistan
A Bloomberg Story: A port in Pakistan’s Gwadar is a linchpin in China’s plan to revive the old Silk Road linking Asia to Europe and Africa, but a slow Internet line is causing it to lose business. The customs authority’s failure to fully address issues with Internet...
Pakistan Projects a 5.8 Percent Economic Growth Rate
U.S.News, Reuters ISLAMABAD (Reuters) - Pakistan's economy will grow 5.8 percent this fiscal year, the fastest pace in 13 years, the country's de facto finance minister, Miftah Ismail, said on Thursday, a day before he announces the 2018/2019 budget. Pakistan's...
Chairman, Hon. Consul General Mr. Wille Eerola interviewed by Dawn’s Colours
Link to Dawn's epaper:
Business Recorder: Motor bikes’ production up 24.78pc in first quarter
A Business Recorder article: Production of Motorcycles during first quarter of the year 2017-18 increased by 24.78 per cent while on month on month basis it also posted an increase of 17.59 per cent. During the period under review, the motorcycles production rose to...
Bloomberg: Tycoon Dawood’s Engro Says Pakistan Needs to Fix Power Grid
A Bloomberg Story: In its zeal to eliminate blackouts, Pakistan may have lost sight of another problem -- it’s aging transmission and distribution network. As the country builds 10,000 megawatts of power plants with Chinese help before national elections less than a...
Bloomberg: Pakistan Targets First Export Jump in Four Years on Tax Breaks
A Bloomberg Story. Pakistan’s government is targeting a 10 percent jump in exports this financial year after giving tax breaks to businesses, in a bid to reverse a three year slump and ease its widening trade and current account deficits. Imports will also drop as...
Pakistan Observer: Pakistan-Russia to bolster bilateral trade and economic ties
A Pakistan Observer Article. Minister for Commerce and Textile, Pervaiz Malik, who is currently on a visit to Moscow held a meeting with Russian Minister for Industry and Trade, Denis Manturov on the sidelines of the Ministerial Meeting under Shanghai Coordination...