The Indian aggression against Pakistan has not hurt, strangely enough, the inflow of foreign investment into treasury bills, while outflows from the equity market has been much higher than inflows during the same period. The State Bank’s latest update for May shows that foreign inflows in T-bills during the month (up to May 23 of FY25) reached $73.6 million. This was strange since India attacke
Atlas Honda Ltd (AHL) plans to launch an electric scooters specifically designed for Pakistani consumers, following the government’s announcement of the National Electric Vehicle Policy (NEVP). In a filing to the PSX on Tuesday, the company said it is actively engaging with regulatory bodies to obtain the necessary permissions and approvals to ensure a smooth rollout. The company stated
The World Bank has approved $194 million in financing for two major development projects in Balochistan to expand educational access and strengthen water security, while the Asian Development Bank (ADB) signed a $350m loan agreement for a landmark initiative to boost women’s financial inclusion in Pakistan. The World Bank’s $100m “Getting Results: Access and Delivery of Quality Education Se
United States President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation of US sanctions. “China can now continue to purchase oil from Iran. Hopefully, they will be purchasing plenty from the US, also,” Trump said in a post on Truth Social, just days after
Pakistan’s trade deficit with nine neighbouring countries widened by 32.82 per cent to $11.17 billion during the first 11 months of the current fiscal year (FY25), up from $8.41bn in the same period a year earlier, official data showed. While exports to Afghanistan, Bangladesh and Sri Lanka recorded notable growth — buoyed in part by changing political dynamics in the region — the overall trade