All posts tagged "Investment"

Profits on foreign investments increased by 9% to $1.146 billion in eight months

According to the report, issued by the State Bank of Pakistan on Tuesday, the outflows of profits and dividends on foreign investments...

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Bank account holders can now invest in capital market

Residents can create accounts in the capital market using their bank’s platform or app under the State Bank of Pakistan’s (SBP) ‘Shared...

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Pakistan attracts $1.26 billion in foreign direct investment in eight months

Total foreign direct investment (FDI) into Pakistan rose 6.1% to $1.26 billion during the July–February 2021-22 compared to $1.19 billion in the...

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Pakistani startups raised staggering $563.5 million in 255 deals since 2015

Pakistani startups have raised $563.5 million in 255 deals from the year 2015. Only in 2021, 83 deals raised $350 million, revealed...

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Third amnesty scheme approved to whiten black money at 5% tax rate

The government has decided to announce third amnesty scheme – the Promotion Package for Industry – by offering to whiten the black...

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Foreign investors earn $1 billion profit on their investments in Pakistan in 7 months

Foreign investors have successfully earned over $1 billion as profits and dividends on their investments in Pakistan during the first seven months....

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Pak, Hungarian investors form AquaHatch to develop freshwater ecosystem in Pakistan

Talking at the foundation of AquaHatch International Private Limited, a Pak-Hungarian joint venture (JV), the BoI chief stated relations among the two...

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Top US firm Nuveen names Saira Malik as Global Chief Investment Officer

Saira Malik, an American national of Pakistan basis, has been hired as chief investment officer (CIO) of Nuveen, a leading international asset management...

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UAE delegation explores investment opportunities in Punjab’s IT sector

A United Arab Emirates (UAE) based group of businesses showed concern in investment in Punjab’s E-governance solutions and digital renovation projects. Additional...

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PM’s China trip to draw investment in the power sector

The visit of Prime Minister Imran Khan to China is expected to improve investment in the power sector, recuperate Pakistan Steel Mills...

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Foreign inflows in equities, bonds and treasury bills outpaced outflows in January

During the month of January, foreign inflows in equities, Market Treasury Bills, and Pakistan Investment Bonds increased, crossing the outflows. According to...

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Investors poured $69 million into startups in the fourth quarter of 2021

Pakistani startups have raised $69 million during the fourth quarter of 2021 through 22 business deals making it a total of $350...

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Pakistan attracted foreign direct investment worth $1.05 billion in 6 months

According to the data, released by the State Bank of Pakistan on Tuesday, Foreign Direct Investment has gone up by 20 percent year-on-year basis...

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Board of Investment implements 100 reforms to facilitate businesses

Out of 168 proposed reforms, the Board of Investment (BOI) has completed 100 reforms which aim to identify, simplify, modernize the regulatory...

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Khyber Pakhtunkhwa attracts $8 billion investment at Expo Dubai

The government of Khyber Pakhtunkhwa (KP) signed 44 agreements worth more than $8 billion at the Dubai International Expo 2020 to attract foreign...

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Foreign investors can now get Pakistani citizenship

The government has decided to grant foreign investors Pakistani citizenship in way to lure significant sums of money from wealthy investors. Minister...

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Oman invites Pakistanis to invest in its core five sectors

Pakistan has been welcomed to invest in core five sectors of Oman, i.e., mining, logistics, tourism, food security and industrial growth. During...

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Pak-China Business Investment Forum launched with 18 Chinese, 19 Pakistani companies

Chinese Foreign Ministry Spokesperson Wang Wenbin addressing a press conference lauded Pakistani authorities over the launch of Pak-China Business Investment Forum (PCBIF)....

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Technology

Telecom giant Ericsson plans to increase investment in Pakistan

Telecom giant Ericsson has articulated the purpose to boost investment and host the finest technology in Pakistan. During a conference with Federal...

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Pakistan, Russia to collaborate in trade, investment and the energy sector

Pakistan and Russia have purportedly decided to mature a two-sided fiscal substructure via their central banks meant to facilitate trade, investment activities,...

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Brothers Gas of UAE to set up plant in Pakistan with $15 million investment

The Board of Investment (BOI) has confirmed that Brothers Gas, a UAE-based company, will invest $15 million in Pakistan to build an industrial...

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Outflow of profits, dividends on foreign investment falls 16.5% in July-October

The outflow of profits and dividends on foreign investment in Pakistan has declined by 16.5 percent to $566 million in the first...

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Germany commits €129 million for climate, energy and development projects in Pakistan

At least €129 million financial cooperation agreement has been signed between Germany and Pakistan for sponsoring development projects in the country. Reports...

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President Alvi urges expats to invest in business-friendly Pakistan

President Dr. Arif Alvi has urged Pakistanis living abroad to take advantage of the country’s business-friendly atmosphere and invest in a variety...

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Foreign investment inflows in Pakistan soared by 323 percent YoY in Q1

Foreign investment inflows increased to nearly $1 billion in the first quarter of the fiscal year 2021-22, owing primarily to government Sukuk...

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UAE-based Vision Tech launches digital real estate platform Shaariq.com in Pakistan

Vision Tech, a UAE-based tech company, has announced its ambitious plan to invest big in the Pakistan real estate sector. The company...

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$3.5 billion Karachi Coast development plan is latest addition to CPEC projects

Pakistan and China signed a memorandum of understanding for the development of the Karachi Coastal Comprehensive Development Zone during the most recent...

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Royal Group of China to establish milk farming units in Pakistan

The Royal Group of China, a Chinese business, is looking forward to setting up buffalo milk farming units all over Pakistan to...

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Sialkot-Kharian-Rawalpindi motorway project presented at UN’s SDG Investment Fair

The Board of Investment (BoI) pitched three infrastructure development projects including Sialkot-Kharian-Rawalpindi motorway at the ‘SDG Investment Fair’ for international investors. Fareena Mazahar,...

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Chinese firms to invest $15 billion in the petrochemical industry

Chinese companies have showed interest to invest $15 billion in Pakistan’s petrochemical industry, a venture that also includes the development of constructing...

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Foreign investment falls 20 percent to $203 million in Jul-Aug

A 20 percent drop-down of Foreign direct investment (FDI) has been reported in the first two months (July-August) of the ongoing fiscal...

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Chinese firms confident in Pakistan after meeting with PM Imran

The Pakistan government is concentrating on the ‘ease of doing business’ policy and extending facilities to investors, stated Prime Minister Imran Khan...

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Automotive

Toyota plans investing $100 million to assemble hybrid cars in Pakistan

Toyota Indus Motor Company (IMC) has stated that domestic production of hybrid electric vehicles (HEVs) will begin soon in Pakistan. In an...

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First-ever EU-Pakistan business forum for SMEs launched

The first-ever European Union (EU)-Pakistan Business Forum for Small and Medium Enterprises (SMEs) was launched on Thursday, aimed at boosting trade with countries...

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New investment options opened up for overseas Pakistanis through RDA

The country’s central bank has given overseas Pakistanis a variety of new investment choices in Pakistan, including public and unlisted enterprises, mutual...

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Govt aims to take exports to record high by 2023

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that that the government would take exports to...

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Engro plans aggressive expansion of telecom business with Rs 21.5 billion investment

Pakistan’s leading business group, Engro Corporation has announced to make an equity investment of Rs 21.5 billion in the telecom infrastructure business, Engro Enfrashare to expand the...

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Italy explores investment opportunities in Pakistan

There were vast opportunities for mutual trade and investment between Pakistan and Italy from which businessmen and traders of both the countries...

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T-bills bounce back as foreign investment reach $15.98 million

The inflow of foreign investment in T-bills during the second month of the current fiscal year reached $15.98 million against the outflow...

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Pakistan to terminate 23 bilateral investment treaties

Pakistan has decided to terminate 23 bilateral investment treaties (BITs) with different countries in order to avoid international arbitration with foreign firms...

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Pakistan Investment Bonds fail to attract any foreign inflows during July

The first month of the 2021-22 financial year has passed without any foreign inflow in the Pakistan Investment Bonds (PIBs). According to the report...

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Pakistan, Bahrain sign MoU to promote bilateral businesses

Pakistan and Bahrain have signed MoU to promote bilateral businesses, will focus on sectors like healthcare and education, tourism, logistics, manufacturing, financial...

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Foreign investors satisfied with security environment

The overall security environment in Pakistan has improved in the past year as foreign investors have continued to express confidence in their...

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Bank investments in government securities jump 86% in two years

According to the data released by the State Bank of Pakistan, the investments of commercial banks in government securities grew by 32%...

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Indonesia-Pakistan B2B online portal launched

In order to facilitate increased trade between both the countries, Punjab Board of Investment & Trade (PBIT), Embassy of the Republic of Indonesia...

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Bank deposits surge to all-time high in FY21

Around Rs 16.2 trillion were the bank deposits on June 30, 2020, whereas, the deposits reached the height of Rs 19.8 trillion on the...

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PM Imran okays new bilateral investment treaty template

Prime Minister Imran Khan has approved the new Bilateral Investment Treaty (BIT) template whereby any dispute will now be remedied through local...

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Investment by Islamic banking industry rises by 23 percent

The Islamic Banking Industry (IBI) invested 23 percent more than the deposit growth during Jan-March 2021 (3QFY21), according to report issued by the State...

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Singapore investors urged to set up industries in CPEC SEZs

China-Pakistan Economic Corridor (CPEC) Chairman Lt Gen (retd) Asim Saleem Bajwa called upon investors from Singapore to tap into the opportunities being developed at the...

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PIBs attract net inflow of $256 million in 12 months

Foreign investment in Pakistan Investment Bonds (PIBs) attracted a cumulative net inflow of $256 million during the outgoing financial year. During the...

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Pakistani investors pump billions into Dubai’s real estate in 2021 alone

Pakistani investors have pumped in 1.2 billion dirhams (Rs 51,685 crore) into real estate market of Dubai over the past five months....

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Niger to establish SEZs for Pakistan

Niger is going to establish special economic zones (SEZs) for Pakistan as it eyes to attract investment in the infrastructural sector in Africa. On...

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BoI avoids investing funds for profit, suffers Rs 212 million loss

The Board of Investment (BoI) did not invest its funds for profit considering it Riba and suffered a loss of Rs 212.2 million. On...

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BoI launches PRMI, SEZMIS & IRMS online platforms to accelerate business environment

The Board of Investment (BoI) has launched three platforms, will provide local and foreign investors ease in online registration. On Monday, BoI launched 3 platforms...

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SBP amends banking regulations to boost investment in real estate

The State Bank of Pakistan (SBP) has reduced the risk weight of banks/DFIs from 200 percent to 10 percent on their investment in units of Real...

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Japanese firm Bold Investment to invest in Pakistan’s tech sector

A Japanese firm, Bold Investment, has established its investment arm in Pakistan with aims to rise growth and potential in technology space...

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Rise in bank deposits outpaces advances growth in first 10 months of FY21

The banks used to invest their largest part of liquidity in the government papers which are risk-free and give high yields. After...

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Foreign direct investment falls by 32.5 percent in July-April FY21

Foreign direct investment has fallen by 32 percent during the 10 months of the current fiscal year from July to April of...

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Foreign direct investment falls by 35 percent in nine months of current fiscal year

The Foreign Direct Investment (FDI) decreased by 35.1% to $1.395 billion during the first nine months of this fiscal year as compared...

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Pakistan offers China partnership in $9 billion PARCO coastal refinery

The government of Pakistan is going to seek investment from China for becoming a shareholder in the state-of-art PARCO coastal refinery and...

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Gilgit Baltistan attracts investment worth $10 million by Pak Greenland

Pak Greenland Corporation, a company owned by overseas Pakistanis, has decided investment $10 million in Gilgit Baltistan (G-B) over the next five...

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Pakistan launches first national investment platform for startups

Ministry of Information Technology and Telecommunications (MoITT) and its tech innovation arm, Ignite (National Technology Fund), on Tuesday launched PakImpactInvest, Pakistan’s first...

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Pakistan, Kuwait resolve to enhance trade, investment cooperation

Pakistan and Kuwait have expressed resolve to enhance cooperation in economic, trade, oil and gas, energy, investment, agriculture, IT, and health sectors....

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Australian envoy vows to make Pakistan Australia relations stronger in future

Dr. Geoffrey Shaw, the Australian High Commissioner to Pakistan on Australia Day said that he was confident that our two nations would...

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Pakistan has potential of producing 150,000MW power from wind energy projects

Pakistan has the resources to produce 150,000 megawatts (MW) energy from potential wind energy projects in the future, says the president of...

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BOI invites Danish investors, enterprises to bring investment in Pakistan

Danish investors and enterprises are expected to bring investment and joint ventures to Pakistan for increasing economic and trade relations between both...

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Sweden invited to invest in CPEC, special economic zones in Pakistan

FPCCI has pressed for an increase in bilateral economic and trade relations between Pakistan and Sweden, it also called for an increase...

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Chinese Century Steel to set up first mill in Rashakai SEZ

A Chinese iron and steel firm is going to become the first foreign enterprise to establish its plant in the Rashakai Special...

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Guide to Real Estate Investment in Pakistan

Real estate is Pakistan’s most profitable investment segment and for all the right reasons. Real estate comes with several advantages, unlike other investment and...

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Automotive

US investors interested in exploring EV sector in Pakistan

A group of United States (US) investors has shown their interest to explore more opportunities in order to assemble electric vehicles (EV)...

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Technology

SECP allows digital account opening for mutual fund investors

The smart way of investment has begun in Pakistan as the Security and Exchange Commission of Pakistan (SECP) has introduced the facility...

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Pakistani digital lending fintech giant Finja raises $9 million in Series A1 round

Lahore-based digital lending fintech Finja that operates with dual licenses from SBP and SECP has closed $9 million of a $10 million...

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Over 500 Japanese IT firms willing to invest in Pakistan: Japanese Ambassador

More than 500 Japanese IT companies planning to come into Pakistani market in order to recruit skilled workers from the local population...

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British American Tobacco To Set Up Business Services In Pakistan

The British American Tobacco clarifies that Pakistan setup is being established ‘in parallel to the company’s business in Malaysia’. British American Tobacco (BAT) explained that it...

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Chinese companies sign MoU with RUDA to invest in Ravi Urban Development Project

The Chinese companies China Road and Bridging Company (CRBC) and Gezhouba Group Company Limited (CGGC) signed MoUs with the Ravi Urban Development...

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SECP registers 1,956 new companies in November, up by 41pc compared to 2019

The Securities and Exchange Commission of Pakistan (SECP) registered 1,956 new companies in November, indicating a year-on-year increase of 41 percent. The...

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Pakistan: Key economic growth indicators showing sturdy performance

Key economic growth indicators from Pakistan are showing strong performance despite challenges posed by the second wave of COVID-19 and depressed economic...

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Here’s How You Can Create an Online Account With SECP to Invest in Stocks

A mechanism to allow all Pakistani resident and non-resident investors to open an online account linked to the capital market to invest...

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Pakistan Surpasses India With Higher Investment Commitments in H1 2020

Pakistan is now one of the top five countries in the world with the most investment commitments in the first half of...

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CPEC brought $25 billion of FDI to Pakistan in 7 Years

CPEC has brought $25 billion worth of foreign direct investment (FDI) to Pakistan, said the Chinese Foreign Ministry spokesperson on Wednesday. Bringing...

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Swiss Pharmaceutical giant Novartis opens manufacturing facility in Pakistan

Swiss multinational pharmaceutical company, Novartis, has invested US$20 million to expand its presence in Pakistan. Adviser to Prime Minister on Commerce Abdul...

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Oppo & Haier want to invest in first Pakistan Digital City

The spokesman of Khyber Pakhtunkhwa (KP) IT Board Danish told reporters that Chinese high-tech companies including OPPO and Haier are interested to...

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Bykea raises $13 million in Series B Funding led by Prosus Ventures

The motorcycle-based ride hailing and parcel delivery startup based in Pakistan Bykea has raised $13 million in a Series B funding led...

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Russia eager to invest $1.7 bn in Pakistan gas sector

Russia ambassador Danila Ganich on Tuesday said that his country was eager to invest $1.7 billion in the Pakistan Karachi-Lahore gas pipeline,...

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FDI increases by 40% in first two months of FY21

According to the State Bank of Pakistan’s (SBP) data, the FDI in the first two months of the ongoing fiscal year FY21...

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Govt launches Naya Pakistan Certificates for overseas Pakistanis

The Finance Ministry announced on Twitter that the sale of conventional Naya Pakistan Certificates started from 14 September 2020, via agent banks....

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Japanese businessmen to invest $100mln in Pakistan

Pak Japan Business Council (PJBC) informs that Japanese businessmen are keen to invest at least $100 million in different industrial zones in...

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Australian iron ore company Fortescue Metals keen to invest in Pakistan

According to a statement from the Prime Minister’s Office, on Monday, Australian iron ore giant Fortescue Metals expressed its keen interest to...

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Investment in Pakistani Startups Increased by 63% in H1 2020

MAGNiTT released H1 report named “Pakistan Venture Investment 2020 Snapshot,” in which Dubai based platform revealed that investment in Pakistani startups has...

Balochistan facilitation center investors

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Balochistan establishes facilitation center for investors in Islamabad

To provide information and to facilitate the investors in Balochistan, a facilitation center has been established in Islamabad. Such centers will also...

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CPEC is transforming Pakistan’s remote Gilgit-Baltistan

The China Pakistan Economic Corridor (CPEC) is transforming the remote Gilgit-Baltistan into a lucrative business hub of Pakistan. Gilgit-Baltistan was once known...

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