Thursday, December 9, 2021

Asia Business

Pakistan: 33 big fishes in hot water , FBR seeks detail from SECP

Pakistan has proceeded to apprehend big fishes in the country and recover their illegal wealth as FBR Benami (Zone III), has sought information of 33 companies’ directors and senior executives as they have allegedly acquired benami properties. The FBR Benami...

KSE-100 nosedives on cement issues, SEF delays

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) opened on a positive note with +24pts, but hit a ceiling of +69pts followed by heavy selling throughout the session. Cement sector caused the concern among investors due to requirement introduced...

Pakistan to get $ 3 billion direct investment from Qatar

Pakistan will receive $ 3 billion direct investment from Qatar, state owned Qatar news agency quoted foreign minister Sheikh Mohamed bin Abdul Rahman al-Thani. Islamic republic of Pakistan under the leadership of Prime Minister Imran Khan is struggling to boost...

Pakistan Stock Exchange rebuttal to the article by Richard Morin published in various media platforms

Pakistan Stock Exchange (PSX) strongly repudiates the assertions made in the article by Richard Morin published in various media platforms. This is a ruthless attempt to malign PSX and SECP (the Apex Regulator). PSX being a National Exchange enjoys...

China urged India to take neutral stance on Huawei

China urged the Indian government to take "Neutral stance" on Huawei's operations in the country without being guided by the US embargo on the products of China's giant telecommunications company and provide an "unbiased and non-discriminatory" environment for Chinese...

Dr Mahathir: UK aircraft design firm to invest in Malaysia

Investors in the United Kingdom (UK) have been optimistic about the potential of the Malaysian economy, also expressed their interest in investing in Malaysia, Prime Minister Dr Mahathir Mohamad said. "I have taken advantage of the opportunity here to identify...

Hiroshige Seko: Attacks in Gulf of Oman will not affect Japanese energy supplies

Japanese Industry Minister Hiroshige Seko said the attacks on oil tankers in the Gulf of Oman would not affect Japan's energy supplies, although the ministry issued a warning to Japanese energy companies after the accident.. Speaking at a news conference,...

Muhammad Rafique Umer appointed as acting CEO Pakistan Stock Exchange

Fifteen days after the disposal of Richard Morin as CEO Pakistan Stock Exchange, Board of Directors (BoD) of PSX has appointed Muhammad Rafique Umer, current Company Secretary and Head of Legal Affairs, as Acting CEO of the Company with...

21st round of bilateral investment agreement between China and EU begins

The 21st round of bilateral investment agreement talks between China and the European Union (EU) began Monday in Beijing, China, for five days. The two sides will negotiate the text of the convention and its list and will vigorously seek...

Pakistan: Economic survey report to release today

Economic survey report to release on Monday (today). Pointers likely to carry in Economic Survey; Economic growth for 2018-19 will be likely be 3.3% vs 6.3% target Government sets economic growth target of 4% for 2019-20 Manufacturing sector slides...

Latest News

Breaking: Helicopter carrying Indian Chief of Defence Staff Bipin Rawat, wife crashes in Tamil Nadu

An IAF Mi-17V5 helicopter with Indian Chief of Defence Staff Bipin Rawat on board crashes near Coonoor, Tamil Nadu. Sources...
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