Pakistan to launch first-ever Panda Bond to raise $200 million in China
WEB DESK: Finance Minister Muhammad Aurangzeb has announced that Pakistan is set to issue its inaugural Panda Bond in June. The move is expected to raise about $200 million from the Chinese certainly a significant step in boosting Pakistan’s presence in capital markets in China. In an exclusive interview with
FDI in Pakistan grows 27 per cent in November 2024
WEB DESK: Foreign Direct Investment (FDI) in Pakistan continued its upward trajectory in November 2024, with net inflows reaching $219 million, marking a 27 per cent increase from $172 million in the same month of FY24. The total FDI inflows for November 2024 amounted to $383 million, reflecting a significant
NADRA launches digital system for birth, marriage, and death records
The National Database and Registration Authority (NADRA) has rolled out a comprehensive plan to modernise the registration of vital events such as births, marriages, divorces, and deaths across Pakistan. The Civil Registration and Vital Statistics (CRVS) Inception Plan, approved by the Ministry of Interior, aims to streamline processes by enhancing
Maersk Stiff-Arms PTI, moves ahead with $2 billion strategic investment in Pakistan: a strategic move with huge potential for Pakistani youth
In a significant development that underscores Pakistan’s importance on the global trade map, the Danish shipping giant A.P. Moller-Maersk has announced plans to invest $2 billion (approximately 14 billion DKK) in Pakistan. This major investment is being hailed as a strategic move by Maersk, reflecting its confidence in Pakistan’s potential
FDI increased in April 2024, with net inflows of $359 million
WEB DESK: Foreign Direct Investment significantly increased during April 2024, recording net inflows amounting to $359 million. This uptick comes amidst a marginal 8.1 percent year-on-year rise in FDI for the fiscal year 2024, totaling $1.46 billion. Despite the overall increase in FDI, the power sector, a primary recipient of
