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Double trouble in Pakistan

October 19th, 2008 Sana · No Comments

Source: Arabian Business
The worsening security situation and a deepening financial crisis are continuing to cause pain and panic in Pakistan, the world’s sixth most populous country. Arabian Business reports on the implications for Gulf investors in the country.
When Benazir Bhutto was assassinated last year, the economic fault lines began to widen in Pakistan. Nearly a […]

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Filed Under: Business

WB to give Pakistan $1.4 billion this year

October 13th, 2008 Sana · No Comments

Source: Daily Times
* Aid to include $600 million for investment
* DFID doubles economic aid to £586m
WASHINGTON: The World Bank has pledged to provide $1.4 billion support for Pakistan in the current year, which can be used to expedite investment projects and budgetary lending.
The amount includes $600 million for investment portfolio and $800 million for budget […]

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Filed Under: Business

KSE to approach President Zardari to discuss crisis

September 27th, 2008 anum · 3 Comments
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This News Powered By Pakistan Housing.pk
KARACHI - Karachi Stock Exchange is considering approaching the President Asif Ali Zardari to discuss the current crisis and to defreeze the prices of shares, The Nation learnt on Thursday.
Sources said the KSE has decided to continue the “floor” on shares prices and final decision to return to the normal trading strictures […]

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Filed Under: Business · News From You · Pictures · Technology

Pakistan good investment destination: Malaysian Prince

May 18th, 2008 Sana · No Comments

Source: Online News
ISLAMABAD: The visiting Malaysian Prince, His Royal Highness Prince Raja Ashman Shah, the son of Sultan Azlan Shah, former King of Malaysia met with local investors and government authorities in Islamabad.
The Prince was satisfied with the investment climate in Pakistan and with the policies of the Government of Pakistan to support and safeguard […]

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Filed Under: Business

Pakistan stock market has huge potential: US ambassador

May 10th, 2008 Sana · 3 Comments

Source: Daily Times
KARACHI: US Ambassador to Pakistan, Anne W Patterson, Thursday visited Karachi Stock Exchange (KSE) and held a meeting with its management and board of directors.
US Consul General Kay L Anske and Press Attache Elizabeth O Colton were also present on the occasion.
Speaking on this occasion, she said that Pakistan stock market has a […]

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Filed Under: Business

Maybank Falls on Plan to Buy Pakistan’s MCB Stake

May 6th, 2008 Sana · No Comments

Source: Bloomberg
May 6 (Bloomberg) — Malayan Banking Bhd., Malaysia’s biggest bank, fell to a four-year low in Kuala Lumpur trading on concerns it’s paying too much for a non-controlling stake in Pakistan’s MCB Bank Ltd. and the acquisition may hurt dividends.
The Kuala Lumpur-based company yesterday agreed to buy 20 percent of MCB for as much […]

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Filed Under: Business

Chinese investors to generate employment by investing in Pakistan

April 15th, 2008 Sana · No Comments

Source: Daily Times
BEIJING: President Pervez Musharraf has called upon the Chinese Investors to contribute maximum to the industrialisation of Pakistan to generate employment opportunities that would help curb the menace of extremism and terrorism.
Addressing the Pakistan-China Business Forum here Monday, the President pointed out that Pakistan offers great opportunities for investment in various sectors including […]

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Filed Under: Business

Pakistan, China relations being translated into deeper economic ties; Musharraf

April 6th, 2008 Sana · No Comments

Source: Associated Press of Pakistan
RAWALPINDI, Apr 5 (APP): President Pervez Musharraf Saturday said Pakistan and China enjoy a deep multifaceted relationship that was being translated into deeper trade and economic relations. Talking to Chairman China Mobile Communication Corporation Wang Jianzhou here at President’s Camp Office, the President welcomed company’s investment in Pakistan and appreciated the […]

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Filed Under: Business · Politics

Structure of Democracy in Pakistan

April 5th, 2008 alfaz · No Comments
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A lot has been said about democracy for the developed world; a system suppose to power the people of the country to live their life as they want by electing the write people for the write jobs. Any one could enroll himself to be the person of the elected representative. A person once elected will […]

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Filed Under: News From You · Politics

Norwegian companies see Pakistan a good destination for investment

April 5th, 2008 Sana · No Comments

Source: Unique Pakistan
The Islamabad Chamber of Commerce and Industry (ICCI) here on Friday stressed the need for enhancing trade between Norway and Pakistan for the benefit of both the countries.
In a meeting with Ambassador of Norway, Ms. Aud Marit Wiig, the ICCI president, Muhammad Ijaz Abbasi said that in 2006-07 the total two-way trade was […]

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Filed Under: Business

WML keen to invest in Pakistan

March 9th, 2008 Aimon · 1 Comment

Source: Daily News

LAHORE: Pakistan has many investment opportunities and current law and order situation would not create problems for the foreign investors, said Ammar Azam CEO of Wenham Major Limited (WML), one of the major leading financial and business advisory firms in the UK.
He said that his company is very much aware of business opportunities […]

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Filed Under: Business