One of the factors discouraging foreign direct investments and local business is the business environment risk problem. The problem has been recently highlighted and explained by an entrepreneur and investor who goes by the name Bacchus on twitter.
The selling trend continued in the Pakistan Stock Exchange for the second day as the KSE-100 index dropped 923.03 points to close at 41314.88, 2.23% down than yesterday. The downward trend in the stock market is being attributed to the enormous hike in fuel and energy prices.
Pakistan’s rice exports to China increases up to $225 million, with more than 601,574.052 tons of different varieties of rice exported in January-April this year.
Factories owners fear that they may need to shut production due to an unprecedented hike in energy costs, which will be another disaster for the already struggling economy
Moody's downgrades Pakistan's economic outlook to negative, citing 'heightened external vulnerability' and uncertainty regarding the much needed external financial support as the reasons behind the downgrading of Pakistan’s economic outlook.
APTMA urges the government to continue with the Regionally Competitive Tariffs for the entire value chain and not to impose any non-tariff barrier on raw material or spare parts for the industry.