Faseeh Mangi
Pakistan Bureau Chief at Bloomberg News
Pakistan Bureau Chief, Bloomberg. My views. Tweets not publishable. MUFC
Articles
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1 week ago |
bloomberg.com | Faseeh Mangi
Soybean harvest in Fairfield County, Ohio, U.S.(Bloomberg) -- Pakistan will offer to buy more cotton and soybean from the US, according to people with knowledge of the matter, as it looks to halve its bilateral trade surplus and escape tariffs imposed by President Donald Trump. The South Asian country wants to reduce this surplus to below $2 billion from about $4 billion in the financial year ended June, the people said, asking not to be identified as the discussions are private.
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2 weeks ago |
bloomberg.com | Faseeh Mangi |Mark Burton
Barrick Gold Corp. has provisionally approved plans to develop a vast copper-and-gold project in Pakistan, and expects to sign a $3 billion funding package for the mine in the third quarter. Financing for the Reko Diq project is led by the World Bank’s International Finance Corp., with participation from state funding agencies in the US, Germany, Japan and elsewhere, Barrick Chief Executive Officer Mark Bristow said Tuesday in an interview in Islamabad.
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2 weeks ago |
bloomberg.com | Faseeh Mangi
Pakistan International Airline aircraft. (Bloomberg) -- PIA Holding Co., the national airline of Pakistan, is set to report its first annual profit in more than two decades ahead of plans to sell the national carrier, according to documents seen by Bloomberg.
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4 weeks ago |
financialpost.com | Dan Murtaugh |Faseeh Mangi
(Bloomberg) — Pakistan is planning to lower electricity costs as part of a broader plan to bring relief to manufacturers and increase exports, in a move that comes shortly after reaching an agreement to unlock more cash from the International Monetary Fund. The government plans to soon make an announcement to lower electricity tariffs, Finance Minister Muhammad Aurangzeb said in an interview on the sidelines of the Boao Forum in China on Thursday.
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4 weeks ago |
bloomberg.com | Dan Murtaugh |Faseeh Mangi
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Pakistan's key stock index is flat this year after a world-beating performance Top performers Lucky Cement44% Maple Leaf Cement 35% Fauji Cement 27% KSE-100 Index gave a return of 84% last year https://t.co/0UjscqT1x8
ADB sees a super slow recovery for Pakistan 🇵🇰 FY25 GDP growth to be flat at 2.5% and 3% next year Inflation is projected to decline significantly to about 6% for two years driven by moderation in stable global prices, moderate domestic demand and favourable base effect
How remote and underdeveloped is Balochistan? Nok Kundi had its first baby delivered in a hospital last year There are villages that don’t have clean drinking water