Javed Mirza

Pakistan’s rice exports double in August on higher Far Eastern demand
Business

Pakistan’s rice exports double in August on higher Far Eastern demand

Analyst says global rice prices expected to fall in coming months due to re-entry of Indian exporters

Pakistan's international bond and sukuk yields decline
Markets

Pakistan's international bond and sukuk yields decline

This comes after the IMF confirmed the approval date for the $7 billion loan

Pakistani exporters push for lower basmati floor price following India's policy change
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Pakistani exporters push for lower basmati floor price following India's policy change

Chairman of the Rice Exporters Association of Pakistan says unless government acts on floor price, Pakistan's exports will struggle to gain momentum

Pakistan stocks surge as central bank slashes rates; Indian & Dubai markets remain range-bound
Markets

Pakistan stocks surge as central bank slashes rates; Indian & Dubai markets remain range-bound

IMF executive board likely to approve $7 billion new IMF loan program on September 25

6-month KIBOR rate drops to  21-month low of 17.10%
Markets

6-month KIBOR rate drops to  21-month low of 17.10%

Borrowing costs for corporates will decrease across varying tenures

ADB approves $320mn loan to upgrade rural roads in KPK
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ADB approves $320mn loan to upgrade rural roads in KPK

The KPK Roads Development Project will upgrade around 900 kilometers of rural roads