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Monthly Archives: May, 2020

MSCI Retains Pakistan in the Emerging Market Index

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Morgan Stanley Capital International (MSCI) maintained the status of Pakistan under the MSCI Emerging Market Index. The company has released the results of the May 2020 Semi-Annual Index...

Pakistan’s Gross Financing Needs

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The total financing needs of Pakistan were estimated at 51.2 per cent of Gross Domestic Product (GDP) in 2020 in the semi-annual Fiscal Monitor of the...

French Businessmen and Investors Invited to Invest in Special Economic Zones in Pakistan

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MEDEF, France's largest business group, Embassy of Pakistan in Paris and Embassy of France in Islamabad, arranged a webinar on investment opportunities in Pakistan. In his key...

Pakistan Resumes Trade with Iran

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Trade activities between Pakistan and Iran resumed on Wednesday after the reopening of two more trade crossing points in Taftan following a decision taken last month...

IT and ITeS Export Remittances Increase to 23.94% in Nine Months

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Pakistan's IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services rose to US$ 901,486 million, up 23.94 percent over the first...

Country on the Verge of a Wheat Crisis

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Pakistan Businessmen and Intellectuals Forum President Mian Zahid Hussain said the country is on the verge of a crisis in the wheat crisis. He said wheat...

Oil Falls on Fears of the Second Coronavirus Wave

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Oil prices plunged on as investors are concerned about the second wave of coronavirus infections, but Saudi Arabia 's latest production cuts eased worries about oversupply...

Little Progress Seen in Water Project Planned to End Inter-Provincial Distrust

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A multi-million-dollar foreign-funded project designed to resolve inter-provincial mistrust over water delivery and theft is lying in the doldrums in a conflict between the water resources ministry,...

PCMAEA Finds New Markets to Boost Exports

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The Pakistan Carpet Manufacturers and Exporters Association (PCMAEA) called for the implementation of an innovation strategy to gain access to new foreign markets in a bid...

Government is Likely to Reveal Tax-Free Budget for 2020-21

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The Federal Revenue Board (FBR) has drawn up tax plans for the 2020-21 budget, concentrating primarily on “simplification of regulations and the removal of tax anomalies.” There...
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