Emerging

Pakistan records largest drop in default risk among emerging markets

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[ad_1] Listen to article Pakistan has achieved the world’s steepest decline in sovereign default risk over the past year, leading Bloomberg Intelligence’s Global Emerging Market (EM) Rankings for credit risk improvement, according to data released by the finance minister’s adviser on Saturday. Bloomberg, the international financial information and media firm, has described Pakistan as the most improved … Read more

Emerging OMCs demandfair, equal treatment

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[ad_1] Listen to article LAHORE: Pakistan’s emerging oil marketing companies (OMCs) have voiced serious concerns about what they describe as unfair regulatory practices and unequal treatment compared to larger, established players in the petroleum industry. The Oil Marketing Association of Pakistan (OMAP) has written a letter to Petroleum Minister Ali Pervaiz Malik to highlight the challenges they … Read more