Business & Commerce

pakistan-into-fastest-growing-retail-market
Business & Commerce
Youth bulge transforms Pakistan into world’s fastest growing retail market
Pakistan retail market is set to expand at a rapid pace over the next five years, with the country transforming into the world’s fastest growing retail market. This was revealed recently by the international research group Euromonitor, which further stated that the bulk of this growth is being driven by the country’s huge youth bulge. Almost two-thirds of the population, amounting to around 135 million people, consists of those below…
Business & Commerce
China’s $57 billion investment in Pakistan – opportunities galore
The Chinese One Belt One Road (OBOR) initiative, CPEC investment in Pakistan is all set to play a major part in the next couple of decades, is basically a push to carve a more prominent role for China in global affairs, eventually transforming it into an economic, military and political superpower. The area that OBOR encompasses starts from Asia, and expands into Europe, Africa and Oceania, with around 60 countries…
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…