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December 9, 2018

Business News

National, International Buyers Show Interest in Pakistan Stock Exchange

Various national and international prospective buyers have shown interest in buying sates in Pakistan Stock Exchange (PSX), and the government hopes upgradation of South Asian country to Emerging Market by an International agency will attract more foreign buyers. Recently, the divestment committee of PSXs shareholders extended the deadline for submitting Expression of Interest (EOI) to […]

UK, ADB Provides $134 Million for Pakistan’s Motorway Project

The Asian Development Bank signed a loan agreement with Pakistan for the provision of $100 million for Motorway project, during the visit by the Bank’s Vice President to the South Asian country. Department of International Development, UK, is also providing $34 for the National Motorway which will link two cities in the central province of […]

Dutch Dairy Company RFC Keen to Invest in Pakistan

Dutch Royal Friesland Company (RFC), a renowned dairy maker, has shown interest in making investment in Pakistan, the world’s third largest producer of milk. A RFC delegation headed by led by its Global Chief Financial Officer (CFO), Hein Schumacher met Pakistan’s Finance Minister Ishaq Dar in Islamabad and expressed desire of its company to enter […]

Italy to Provide 20 Million Euros for Pakistan’s Olive Plant Project

Italy will provide 20 million euros in technical assistance to Pakistan for an Olive Plantation Project launched last year as the South Asian nation seeks to make olive part of its vast agriculture base. The project worth 2 billion rupees targets to cultivate olive plants on more than 50,000 acres under the Vision 2025, planned […]

US Exim Bank Shows Interest in Financing Three LNG-based Power Plants in Pakistan

The US Exim Bank has shown keen interest in providing financing for the three LNG-based power plants in Pakistan’s central Punjab province. The Vice President of the US Exim Bank, Annettee Maresh has sent a letter to Finance Minister Mohammad Ishaq Dar showing interest in the projects.  Pakistan began to engage the US Exim Bank […]

Pakistan’s Wheat Production in 2015-16 Estimated at 25.5 million tons

Wheat production in Pakistan, Asia’s third-largest producer, is likely at 25.5 million tons in the 2015-16, that will leave the country with a surplus of a few tons that can be exported. The production is slightly short of the target of 25.45 million tons. Wheat is a staple food in South Asia’s second biggest economy […]