Pakistan News

    Economic Outlook Of Pakistan 2012 Nissan

  • Standard & Poor’s sees stable economic, fiscal outlook for Pakistan

    ISLAMABAD: Disregarding prevailing political uncertainty, Standard & Poor’s affirmed on Monday Pakistan’s stable economic and fiscal outlook for the short and long terms with a downward expectation on the external-sector performance...

    In doing so, the New York-based rating agency maintained its ‘B’ long-term and short-term sovereign rating on Pakistan and also on senior, unsecured debt and sukuk...

  • IMF mission gives sunny outlook of Pakistan's economic situation as review ends

    The International Monetary Fund (IMF) mission concluded that Pakistan had been successful in completing the "structural benchmarks" as well as in meeting "all end-December performance criteria" which had been set for the implementation of $6 billion Extended Fund Facility programme...

    In a press release issued on Friday after an IMF mission concluded its review of Pakistan's economic reforms, the visiting team said that "constructive...

  • Pakistan woos Renault and Nissan in push for auto investment

    ISLAMABAD: The government is wooing foreign car makers like Renault and Nissan with generous import duties, but convincing them to set up factories will be an uphill challenge given fears about the country's long-term political stability and security...

    Pakistan wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda, and Suzuki, whose locally assembled cars are sold at relatively high prices but lag...

  • Pakistan woos Renault-Nissan in push for auto investment

    ISLAMABAD: Pakistan is wooing foreign car makers like Renault-Nissan with generous import duties, but convincing them to set up factories will be an uphill challenge given fears about the country’s long-term political stability and security...

    Pakistan wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda, and Suzuki, whose locally assembled cars are sold at relatively high prices but lag behind...

  • UN sees positive economic outlook for South Asia

    ISLAMABAD: The United Nations says that positive economic outlook is widespread across the South Asian region, with most economies projected to see stronger growth rates in 2018 compared to 2017...

    The ‘World Economic Situation and Prospects 2018’ published on Thursday says that economic outlook remains steady, largely favourable in the region, driven by robust private consumption and sound macroeconomic policies...

  • Stocks lose 380 points on bleak economic outlook

    As the euphoria over the approval of the $6 billion loan by the International Monetary Fund (IMF) Executive Board fizzled out, there was no positive trigger, while the investors were perturbed by the bleak outlook on the economic front and an unsettled political environment...

    Stocks that contributed significantly to the volumes include Lotte Chemical (LOTCHEM), Dolmen City REIT, MLCF, TRG Pakistan and Unity Foods, which formed 40pc...

  • Renault suspends talks with Ghandhara Nissan

    KARACHI: French automaker Renault, which was earlier considering assembling cars in Pakistan, has suspended talks with Ghandhara Nissan Ltd (GHNL), a stock notice said on Friday...

    Meanwhile, Nissan has been in talks with GHNL for the assembly of vehicles in the country...

  • Scandal-hit Nissan suspends production for Japan market

    Nissan said on Thursday that it was suspending all production destined for the local market, as Japan's number-two automaker grapples with a mounting inspection scandal that has already seen it recall some 1...

    "Nissan decided today to suspend vehicle production for the Japan market at all Nissan and Nissan Shatai plants in Japan," it said in a statement, referring to an affiliate...

  • Nissan revolution: could new petrol engine make diesel obsolete?

    ATSUGI: Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today's advanced diesel engines obsolete...

    The new engine uses variable compression technology, which Nissan engineers say allows it at any given moment to choose an optimal compression ratio for combustion ? a key factor in the trade-off between power and efficiency in all gasoline-fuelled engines...

  • Nissan exploring car making options

    KARACHI: Nissan Motors of Japan is exploring the possibilities of re-launching its different models along with Datsun in Pakistan depending on upcoming auto policy for the next five years...

    There is a strong possibility that Renault of France, being a global partner of Nissan, may follow to introduce their products...

  • Nissan CEO Carlos Ghosn arrested after company accuses him of misconduct

    Automaker Nissan on Monday accused its chairman, president and chief executive officer Carlos Ghosn of "significant acts of misconduct" including underreporting his salary and said it would move to fire him, as reports emerged that he had been arrested in Tokyo...

    Nissan, in a statement, said it had been conducting a probe into Ghosn for several months after receiving a whistleblower report and had uncovered misconduct going back...

  • Nissan drives out Ghosn after arrest

    TOKYO: Nissan board members voted unanimously to sack Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss whose arrest for financial misconduct stunned the car industry and the business world...

    Ghosn stands accused of under-reporting his income by millions of dollars and a host of other financial irregularities, alleged after a months-long internal Nissan probe following a whistleblower...

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