Business & Commerce

Business & Commerce
Pakistan’s Status Grows in Indexes
Pakistan has gotten a leg up from the indexing world and could get more attention from investors because of it. In May, index provider MSCI Inc. decided to give Pakistan emerging-market status and added it to the MSCI Emerging Markets Index. MSCI had previously classified the country as a frontier market. Emerging markets are more economically developed than frontier markets by definition and generally are considered less risky by investors. Much more money is…
France investors in Pakistan after 12 years
Business & Commerce
French investors visit Pakistan after 12 years
Pakistan’s quest to attract more foreign investment received a huge boost when a delegation of French investors visited the country after a gap of 12 years. The visit of french investors in Pakistan lasted between April 4-6, saw more than a dozen French businesses showing keen interest in investing in the country and expanding bilateral trading links. The visit of the France-Pakistan Business Council, consisting of 16 French businesses and…
Pakistan-Romania to enhance bilateral ties - Pakistan Shining
Business & Commerce
Pakistan-Romania to enhance bilateral ties
ISLAMABAD: Pakistan and Romania agreed on Wednesday to discover ways and means to enhance mutual cooperation. This agreement was reached here at a meeting held between Ambassador of Romania Nicolae Gola, and Minister for Defence Production Rana Tanveer Hussain. Rana Tanveer warmly welcomed the dignitary. In the welcoming words, he appreciated the ambassador for his efforts to further strengthen relations between the two countries. He stressed to identify areas of mutual…
CPEC, macroeconomic stability to increase investment in Pakistan: World Bank
Business & Commerce
CPEC, macroeconomic stability to increase investment in Pakistan: World Bank
The World Bank has said that the successful completion of an IMF-supported program enhanced macroeconomic conditions and foreign direct investment (FDI) in Pakistan. According to the World Bank’s “Global Economic Prospects: A Fragile Recovery” report for June 2017, growth in Pakistan is accelerating this year, largely driven by robust domestic demand and improved foreign direct investment. Furthermore, the China-Pakistan Economic Corridor (CPEC) infrastructure project, as well as a stable macroeconomic…
Mattias Martinsson put money in Pakistan when most people wouldn't take the risk
Business & Commerce
A long term view: The man who took a chance on Pakistan
On 2 May 2011, Barack Obama announced that al-Qaeda leader Osama Bin Laden had been killed by US forces in Pakistan. He was shot dead at a compound near the capital, Islamabad. And once again, Pakistan was in the headlines for all the wrong reasons. A country used to bad news – both politically and economically – it has long been seen as the basket case economy of South Asia…
Pakistan upgraded to MSCI emerging market status
Business & Commerce
MSCI upgrades Pakistan to emerging market status
The Pakistan Stock Exchange (PSX), which was declared the best-performing stock market in Asia in 2016, has more good news in store for it this year with the highly respected Morgan Stanley Composite Index (MSCI) deciding to give it the much-coveted MSCI emerging market index status. This was revealed in the MSCI’s May 2017 Semi-Annual Index Review, published on May 15, where Pakistan’s status was upgraded from a frontier market…
Pakistan could become the world’s 20th largest economy by 2030: report
Business & Commerce
Pakistan could become the world’s 20th largest economy by 2030: report
Pakistan is expected to be among the world’s most powerful economies by 2030, said a report carried by World Economic Forum on its website. The report, titled “The long view: how will the global economic order change by 2050?” ranked 32 countries by their projected global gross domestic product by Purchasing Power Parity (PPP). It was prepared by PricewaterhouseCoopers, one of the world’s largest professional-services firms. PPP is used by macroeconomists…
Business & Commerce
Pakistan’s Economy Is a Pleasant Surprise
Stocks are up, growth is rising, and poverty is falling. Each year I perform the exercise of picking what I think is the most underrated (and overrated) economy in the world. Past winners have included Germany, Mexico and, more recently, the Philippines. The designation is tricky, because it can go to an ailing country with an excessively bad reputation or maybe to a known star with virtues beyond what people…