Pakistan’s October FDI witness yearly increase of over 150pc
(Web News) Pakistan’s Foreign Direct Investment (FDI) during the month of October stood at $317.4 million, showing a Year on Year (YoY) increase of over
Pakistan Rupee Climbs From Record Low in Rally Seen Ending
The three-month rally that helped Pakistan’s rupee rebound from a record low is coming close to an end, according to analysts and money mangers. Asia’s second-best
Pakistan enters the $1 trillion global cloud kitchen market amidst pandemic
(Business Recorder) Pakistan has entered the $1 trillion global cloud kitchen market during the COVID-19 pandemic. As restaurant owners cope with lockdown restrictions and government
Wheat mishandling costs kitty Rs105 billion
( The Express Tribune) ISLAMABAD: The mismanagement of wheat operations would cost the national exchequer around Rs105 billion, which the Ministry of National Food Security
Pakistani Airlines may be banned in 188 countries The ICAO has issued a “serious warning” to the Pakistan aviation regulator on the same
Pakistan-based airlines may be banned in 188 countries as they have failed to meet international standards on pilot licensing and other issues as required by
Discontinuation of $1,000 Note Issuance to Pre-empt Money Laundering and Terrorism Financing Risks
Singapore, 3 November 2020… The Monetary Authority of Singapore (MAS) announced today that it plans to discontinue the issuance of the $1,000 note from 1
Low-cost housing: banks go all in
(Dawn News) Banks are urging low-income people to take out heavily subsidised housing loans in quarter-page newspaper ads on a daily basis now. Except the
Where is the rupee headed?
( Business Recorder) PKR has been appreciating against USD for the past two months. One reason is the USD depreciation against other currencies; but PKR
Pakistan tenders to buy 320,000 tonnes of wheat
(Web News) HAMBURG: A government agency in Pakistan has issued a new international tender to purchase and import 320,000 tonnes of wheat, European traders said
FATF satisfied with Pakistan progress but maintains grey list status for now
The Financial Action Task Force (FATF) has decided to maintain Pakistan’s status on its ‘grey list’ of countries with inadequate control over curbing money laundering