Business

FDI increases 126.8% to $2.281 billion in Jul-April 2020: Razak Dawood

By The Frontier Post | May 26, 2020

F.P. Report ISLAMABAD: Advisor to Prime Minister on Commerce and Investment Abdul Razak Dawood has said that during first 10 months of current fiscal year (July-April), Pakistan witnessed net Foreign Direct Investment (FDI) of $ 2.281 billion as compared to US$ 1.006 billion in the corresponding period of FY2018-19 (Jul-April) showing an increase of 126.8…

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Guyana received $4.9 million in royalties in first quarter: finance ministry

By The Frontier Post | May 26, 2020

Monitoring Desk GEORGETOWN: Guyana received $4.9 million in royalty payments for oil production at the offshore Stabroek block in the first quarter, the finance ministry said on Monday, a period that included the South American country’s first crude exports. The crude produced by an Exxon Mobil Corp-led consortium at the Stabroek’s Liza field was priced…

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‘Renault could disappear’ without £4.5b loan, says French finance minister

By The Frontier Post | May 26, 2020

Monitoring Desk PARIS: It’s been a rough few years for the Renault-Nissan-Mitsubishi Alliance and the coronavirus pandemic certainly isn’t making things easier. How bad are things going? According to a report from Reuters, Nissan could eliminate up to 20,000 jobs and Renault could disappear entirely. The two companies are announcing a strategy update on 27…

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