In The News – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 20 May 2019 10:47:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.1 Gulf In Focus http://www.pakistaneconomist.com/2019/05/20/gulf-in-focus-20-19/ http://www.pakistaneconomist.com/2019/05/20/gulf-in-focus-20-19/#respond Sun, 19 May 2019 19:21:41 +0000 http://www.pakistaneconomist.com/?p=28815 GULF STATES- ECONOMICS & FINANCE UAE’s Finablr commences trading on London bourse Trading in Finablr shares commenced on the London Stock Exchange on Wednesday under the ticker ‘FIN’, following the pricing of its initial public offering at 175 pence per share. Based on the offer price, the UAE-based payments and foreign exchange solutions platform’s market …

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India In Focus http://www.pakistaneconomist.com/2019/05/20/india-in-focus-20-19/ http://www.pakistaneconomist.com/2019/05/20/india-in-focus-20-19/#respond Sun, 19 May 2019 19:20:06 +0000 http://www.pakistaneconomist.com/?p=28818 INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Japan takes India to WTO over mobile phone import duties Japan has complained at the World Trade Organization about India’s duties on mobile phones, base stations and routers, and the circuit boards and other components that go into them, a WTO filing showed on Tuesday. Japan’s complaint, the first …

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Pakistan In Focus http://www.pakistaneconomist.com/2019/05/20/pakistan-in-focus-20-19/ http://www.pakistaneconomist.com/2019/05/20/pakistan-in-focus-20-19/#respond Sun, 19 May 2019 19:19:35 +0000 http://www.pakistaneconomist.com/?p=28820 ECONOMIC TIMES OF PAKISTAN PKR touches new all-time low at 147.87 in inter-bank The rupee once again dropped around 1percent and closed at a new all-time low of 147.87 to the US dollar in the inter-bank market on Friday, the central bank reported. Earlier during the day, the local currency hit a record intra-day low …

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Ports & Shipping http://www.pakistaneconomist.com/2019/05/20/ports-shipping-20-19/ http://www.pakistaneconomist.com/2019/05/20/ports-shipping-20-19/#respond Sun, 19 May 2019 19:18:24 +0000 http://www.pakistaneconomist.com/?p=28819 WORLDWIDE SHIPPING INDUSTRY Asian refiners may lift some middle east crude in smaller vessels post sabotage Various Asian buyers of Middle Eastern crude oil expressed some concerns over the safe passage of their term cargoes following the recent sabotage attack on Saudi oil tankers, prompting several refiners to consider lifting Persian Gulf barrels in smaller …

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Technology http://www.pakistaneconomist.com/2019/05/20/technology-20-19/ http://www.pakistaneconomist.com/2019/05/20/technology-20-19/#respond Sun, 19 May 2019 19:17:43 +0000 http://www.pakistaneconomist.com/?p=28826 PAKISTAN NEWS: PTCL targets aggressive expansion as it returns to profitability: Pakistan Telecommunication Company Limited (PTCL) is back on the road of profitability. After a period of recovery of four years, the company is now targeting expansion as its business strategy for the future. The telecom giant recorded year-on-year revenue growth in 2018 for the …

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World Commodities http://www.pakistaneconomist.com/2019/05/20/world-commodities-20-19/ http://www.pakistaneconomist.com/2019/05/20/world-commodities-20-19/#respond Sun, 19 May 2019 19:16:02 +0000 http://www.pakistaneconomist.com/?p=28827 WORLD COMMODITIES TRADING Oil prices rise as Middle East conflict persists Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure. Brent crude futures settled at $72.62 a barrel, up 85 cents, or …

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Gulf In Focus http://www.pakistaneconomist.com/2019/05/13/gulf-in-focus-19-19/ http://www.pakistaneconomist.com/2019/05/13/gulf-in-focus-19-19/#respond Sun, 12 May 2019 19:21:28 +0000 http://www.pakistaneconomist.com/?p=28566 GULF STATES- ECONOMICS & FINANCE Dubai DED issues 2,805 new licenses in April 2019 The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) Dubai issued 2,805 new licenses during April 2019, a growth of 60 percent compared to April 2018. The new licenses created 8,375 jobs in the labor market. …

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India In Focus http://www.pakistaneconomist.com/2019/05/13/india-in-focus-19-19/ http://www.pakistaneconomist.com/2019/05/13/india-in-focus-19-19/#respond Sun, 12 May 2019 19:20:50 +0000 http://www.pakistaneconomist.com/?p=28567 INDIAN ECONOMY: OVERVIEW, GROWTH & DEVELOPMENT Populist doles could lead to fiscal slippages Continuing to voice concerns over populist measures, the Reserve Bank Wednesday warned that income support schemes and farm loan waivers will lead to fiscal slippages for the states. The remarks were made during a meeting between the members of the 15th Finance …

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Pakistan In Focus http://www.pakistaneconomist.com/2019/05/13/pakistan-in-focus-19-19/ http://www.pakistaneconomist.com/2019/05/13/pakistan-in-focus-19-19/#respond Sun, 12 May 2019 19:19:06 +0000 http://www.pakistaneconomist.com/?p=28568 ECONOMIC TIMES OF PAKISTAN Bailout talks with IMF hit a new deadlock In a last minute hitch, talks between Pakistan and the International Monetary Fund (IMF) have reached a deadlock due to change in goalpost by the fund and the prime minister’s reservations over heavy taxation, resulting into extension in parleys. There were at least …

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Ports & Shipping http://www.pakistaneconomist.com/2019/05/13/ports-shipping-19-19/ http://www.pakistaneconomist.com/2019/05/13/ports-shipping-19-19/#respond Sun, 12 May 2019 19:18:19 +0000 http://www.pakistaneconomist.com/?p=28574 WORLDWIDE SHIPPING INDUSTRY Americas MR tankers see short-haul freight up 20pc on tight tonnage, fixing spree The Americas Medium Range tanker market saw freight increase around 17-25 percent, to rates not seen since early April on some US Gulf Coast-loading routes, prompted by tight available tonnage on the front end of the fixing window and …

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