Stories from Salman Siddiqui
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In a first, Sindh to auction solar power project
Projects have so far been awarded under cost-plus tariff formula
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China Mobile deposits Rs37 billion for licence renewal
Becomes third cellular firm to pay partial fee in ongoing fiscal year
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Moody's upgrades outlook on five Pakistani banks to stable
IMF had conditioned the govt to stop borrowing from the central bank under its latest $6 billion loan programme
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PSX becomes best performing market
KSE 100-share Index advances 36% in dollar terms in past three months
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Pakistan makes $1 billion foreign debt repayment
Payments have been made on account of Sukuk maturity
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Moody’s upgrades Pakistan’s outlook to ‘stable’ from ‘negative’
Experts say move to revive foreign investors’ confidence in Pakistan
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PSX to appoint Pakistani national as CEO this time
Decision on hiring will be taken by end of December 2019
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Chinese investors keen to pour $2 billion into PSX
Need permission from regulators in Beijing before making investment
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Leakages in transit trade badly hurt economy
FBR chief says by end of FY24, 90-95% of imports will be cleared via green channel
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SBP allows freelancers to get up to $5,000 in payments
Strategy will encourage additional workers’ remittances of at least $1.2b per year