Flight of capital cannot be controlled through administrative actions but by creating a conducive and enabling environment, Pakistan Economy Watch said on Friday. Economies have never responded to speeches, promises and tall claims but actions. Pakistan is not an exception. A former president has played major role in flight of capital from the country. He [...]
Continue reading...Thursday, June 19, 2008
KARACHI: The selling pressure continued at the local capital market on the third consecutive day on Thursday as the benchmark KSE-100 Index sliding by 390 points, plunged below 12000 points to peg at 11870. The investors opted to remain sidelined as unconfirmed reports of government contemplating increase in the Capital Value Tax (CVT) hit [...]
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Saturday, November 15, 2008
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