Pakistan plans to return to the global bond market after a gap of four years, reflecting the country’s progress towards economic stabilisation after averting a last-minute default just a few years ago, reported Bloomberg on Tuesday. Pakistan will issue a proposal for advisers in the coming weeks, Finance Minister Muhammad Aurangzeb told the international media […]
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Pakistan’s global profile surges after Trump embraced COAS: Bloomberg
Pakistan’s global profile is surging after US President Donald Trump embraced Army Chief Asim Munir, whom he calls a “great guy”, and claimed he “brokered a ceasefire” that prevented a South Asian catastrophe. The rapprochement has elated Islamabad, with officials calling the May clash an outright victory, reported Bloomberg on Friday. The shift comes as […]
Pakistan eyes American investment amid improved US ties: Bloomberg
Finance Minister Muhammad Aurangzeb said Pakistan is planning an investor conference in Washington later this month to attract American investors, Bloomberg reported on Wednesday. “The sectors are very clear where we seek their investment and where we see a clear investment appetite,” Aurangzeb said in an interview with Bloomberg News in Islamabad. “With respect to […]
Pakistan courts US investors as ties warm up, Bloomberg reports
Pakistan is gearing up to attract American investors with a planned investor conference in Washington later this month. Finance Minister Muhammad Aurangzeb told Bloomberg that the government has identified clear sectors for investment and is actively kick-starting engagement with the US. Recent improvements in Pakistan-US relations have paved the way for enhanced economic cooperation. The […]
Apple Watch Hypertension Feature Gets FDA Approval
Apple will launch its new Apple Watch hypertension detection feature next week after securing FDA clearance. The update marks a major step in health technology. According to Bloomberg, the tool could alert about a million users worldwide. Apple revealed the feature earlier this month alongside its new iPhone lineup. The approval now clears the way […]
Pakistan to cut some import duties to boost manufacturing, spur growth: Dawood
Pakistan will cut taxes on imports of raw materials to spur manufacturing and overall economic growth, Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood has said. The adviser, in a telephone interview with Bloomberg, a New York-based international news agency, said customs duties on input items needed by pharmaceutical, chemical, engineering […]