In The News – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Fri, 16 Nov 2018 12:32:58 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Gulf http://www.pakistaneconomist.com/2018/11/12/gulf-46-18/ http://www.pakistaneconomist.com/2018/11/12/gulf-46-18/#respond Sun, 11 Nov 2018 19:21:18 +0000 http://www.pakistaneconomist.com/?p=22362 Colour a key driver when GCC buyers decide on purchasing cars Colour plays an important part in the final selection process when it comes to buying a car, new research by SEMrush has revealed. The data showed that GCC consumer preferences, when searching their favourite car colour online, differ greatly from the actual purchasing decisions …

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India http://www.pakistaneconomist.com/2018/11/12/india-46-18/ http://www.pakistaneconomist.com/2018/11/12/india-46-18/#respond Sun, 11 Nov 2018 19:20:39 +0000 http://www.pakistaneconomist.com/?p=22364 Demonetisation ‘key step’ in formalising economy, tackling black money: Arun Jaitley defends noteban As India completes two years of demonetisation today, Finance Minister Arun Jaitley has once again come out in support of the exercise explaining how the noteban by the government helped in formalising the economy. Arun Jaitley said that demonetisation helped in tackling …

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Pakistan http://www.pakistaneconomist.com/2018/11/12/pakistan-46-18/ http://www.pakistaneconomist.com/2018/11/12/pakistan-46-18/#respond Sun, 11 Nov 2018 19:19:12 +0000 http://www.pakistaneconomist.com/?p=22367 Remittances increase 21% to $2 bn Overseas Pakistani workers sent home 21% higher remittances amounting to $2 billion in October 2018 as a historic drop in the rupee’s value attracted increased flow of remittances through official channels – banks and registered currency dealers. The overseas workers remitted $1.65 billion in October last year, according to …

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Shipping http://www.pakistaneconomist.com/2018/11/12/shipping-46-18/ http://www.pakistaneconomist.com/2018/11/12/shipping-46-18/#respond Sun, 11 Nov 2018 19:18:13 +0000 http://www.pakistaneconomist.com/?p=22369 South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders worldwide in the first 10 months of the year, outpacing Chinese rivals, according to industry data last Tuesday. According to the data compiled by industry tracker Clarkson Research Institute, local shipyards garnered new orders worth …

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Technology http://www.pakistaneconomist.com/2018/11/12/technology-46-18/ http://www.pakistaneconomist.com/2018/11/12/technology-46-18/#respond Sun, 11 Nov 2018 19:17:38 +0000 http://www.pakistaneconomist.com/?p=22371 PAKISTAN NEWS: Pakistan and Etisalat Resume Talks for Pending Payment for PTCL: Pakistan has decided to reinitiate talks with Dubai-based Etisalat at the highest level to resolve the much-awaited $800 million outstanding dues on account of Pakistan Telecommunication Company Limited (PTCL) privatization. FBR Suspends Sales Tax Registration of a Popular Internet Service Provider: The Federal …

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Commodity http://www.pakistaneconomist.com/2018/11/12/commodity-46-18/ http://www.pakistaneconomist.com/2018/11/12/commodity-46-18/#respond Sun, 11 Nov 2018 19:16:18 +0000 http://www.pakistaneconomist.com/?p=22373 Oil falls as global supply increases Oil prices fell nearly 1 percent on Friday as global supply increased and investors worried demand growth could slow, pressuring US crude to its longest stretch of daily declines since 1984. Crude futures benchmarks have slid about 20 percent or more since peaking in early October. Benchmark Brent crude …

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Gulf http://www.pakistaneconomist.com/2018/11/05/gulf-45-18/ http://www.pakistaneconomist.com/2018/11/05/gulf-45-18/#respond Sun, 04 Nov 2018 19:21:13 +0000 http://www.pakistaneconomist.com/?p=22003 Ease of doing business: UAE jumps 10 places to be 11th The UAE has expedited its march towards making the economy more attractive for foreign investment and easier to do business as the latest World Bank report ranked the nation among the world’s top 20 countries for the ease of doing business. According to the …

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India http://www.pakistaneconomist.com/2018/11/05/india-45-18/ http://www.pakistaneconomist.com/2018/11/05/india-45-18/#respond Sun, 04 Nov 2018 19:20:50 +0000 http://www.pakistaneconomist.com/?p=22005 India becomes one of 8 countries to get waiver on Trump’s Iran sanctions; here’s how India has become one of the eight countries to get a waiver on the sanctions re-imposed on Iran by the Donald Trump administration. United States secretary of state Michael Pompeo on Friday said that eight governments that have taken “important …

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Pakistan http://www.pakistaneconomist.com/2018/11/05/pakistan-45-18/ http://www.pakistaneconomist.com/2018/11/05/pakistan-45-18/#respond Sun, 04 Nov 2018 19:19:02 +0000 http://www.pakistaneconomist.com/?p=22008 Core inflation hits 4-year high in Oct The interest rate is bound to rise further in the next monetary policy announcement as core inflation inched up further to a four-year high of 8.2% in October 2018, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. The 8.2% core inflation is slightly …

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Shipping http://www.pakistaneconomist.com/2018/11/05/shipping-45-18/ http://www.pakistaneconomist.com/2018/11/05/shipping-45-18/#respond Sun, 04 Nov 2018 19:18:04 +0000 http://www.pakistaneconomist.com/?p=22010 Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent Non-major ports are gradually eating into the share of major ports in cargo traffic. Between FY12 and FY18, the share of total cargo traffic held by the non-major ports has risen from 39 percent to 42 percent. In the comparable period, …

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