As the government seeks to diversify its funding sources, Pakistan plans to return to China’s domestic bond market for further yuan-denominated borrowing and is exploring the possibility of issuing yen-denominated bonds in Japan, Finance Minister Muhammad Aurangzeb said in an interview to Nikkie Asia. Pakistan issued its first panda bond worth 1.75 billion yuan ($261 million) in mid-May under a
Federal Minister for Commerce Jam Kamal Khan called for expediting regulatory approvals for Pakistani pharmaceutical companies seeking access to the Ethiopian market, as Pakistan and Ethiopia discussed expanding bilateral trade, investment and economic cooperation. The discussions took place during a meeting with Ethiopian Ambassador to Pakistan Dr Oumer Hussein Oba, who called on the minister
Pakistan stock market's extraordinary rally from around 40,000 to beyond 180,000 in 2.5 years from June 2023 to January 2026 reflected improving fundamentals (from low 3.5x price-to-earnings (P/E), liquidity (rate cut from 22% to 11.5%), sentiment and diplomatic goodwill. Much good news arrived – and was priced in remarkably quickly. After roughly eight frustrating months, investors are questionin
Selling pressure was observed at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 Index shedding over 900 points amid volatility on the political front. At 11am, the benchmark index was hovering at 166,150.86, down 938.41 points or 0.56%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, O
Law Reform Report No 142 of the Law and Justice Commission of Pakistan proposes an International Commercial Court of Pakistan as a specialised Federal Superior Court. Crucially, Clause (3) of the draft Article 212A expressly permits parliament to confer original or appellate jurisdiction over "taxation" and other economic and commercial matters. That opening should not be treated as drafting su