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Posted on June 2, 2020

Standard Chartered Appoints New Head Of Corporate Finance For Africa And The Middle East

Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance Standard Chartered ( has announced that Abbas Husain has …

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Posted on June 2, 2020

Pakistan’s finance adviser lauds US support in FATF

Pakistan appreciates the support extended by the US in the Financial Action Task Force (FATF), fight against Covid-19 and debt relief from G20 countries, said Adviser to Prime Minister on Finance and …

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Posted on June 2, 2020

Cash-strapped Pakistan Plans to Seek $15 Billion in New Loans to Pay External Public Debt: Report

The estimated $15 billion borrowings will be the highest loans to be taken by the country in a single year, highlighting the challenges that the government faces due to the deepening debt trap.

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Posted on June 2, 2020

Pakistan plans to raise $1.5bln in Eurobonds, officials say

Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, two government officials said on Friday. With the country’s fiscal …

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Posted on June 2, 2020

Pakistan, China agree to enhance mutual cooperation in various sectors of economy

Pakistan and China have agreed to enhance mutual cooperation and partnership in various sectors of the economy. This understanding was reached during a meeting between Chinese Ambassador Yao Jing and …

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Posted on June 2, 2020

‘Pakistan Remains An Epicentre Of Global Terrorism’: India On Explosive UN Report

Following a report submitted to the UN that says that there are 6,500 Pakistanis among other foreign terrorist fighters in Afghanistan, India has responded.

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Posted on June 2, 2020

Pakistan acknowledged US support in three critical issues for the country

Pakistan acknowledged US support in three critical issues for the country.* *Adviser on Finance and Revenue Dr Abdul Hafeez Shaikh has said …

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Posted on June 2, 2020

Turns out cash-strapped Pakistan government will use coronavirus aid to pay bills

The cash-strapped Pakistan government, a few days ago, planned to seek USD 2 billion in new foreign loans from the global financial bodies to respond to the coronavirus crisis. The loans that Pakistan …

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Posted on June 2, 2020

Indonesia raises 24.35 trln rupiah from debt auction, above target

Indonesia raised 24.35 trillion rupiah ($1.69 billion) from a bond auction on Tuesday, above the 20 trillion rupiah indicative target, the finance ministry said. JAKARTA, June 2 (Reuters) – Indonesia …

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Posted on June 2, 2020

Indonesia bonds, rupiah jump as yield-hungry investors return

Rupiah hits 12-week high, 10yr yield hits 12-week low. Dollar weakness drives search for yield – analyst. Writes through, addin …

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