TDAP proposes lowering cost of trade with Afghanistan

KARACHI: The Trade Development Authority of Pakistan (TDAP) has proposed to reduce cost of doing business trade with the target market for securing better access to Afghanistan. The major concern raised by stakeholders is the increasing cost of doing transit as well as bilateral trade with Afghanistan in contrast to… Continue reading

South Korea non-life insurance market outlook held at stable as companies manage slower growth

HONG KONG: AM Best has maintained a stable market segment outlook on South Korea’s non-life insurance market, although increasing losses and intense competition in the automobile and long-term insurance lines, as well as rising interest obligations, may pressure the sector’s overall profitability. A new Best’s Market Segment Report, titled, “Market… Continue reading

All major markets in Karachi closed as traders observe shutter down strike

KARACHI: Traders in Karachi observed a token shutter-down strike on Saturday against excessive taxation and harsh regulatory conditions, as all the major markets remained closed. This coincides with the strikes being observed by various federal level trade associations. Atiq Mir, President All Karachi Tajir Ittehad, said all the major markets… Continue reading

Tadawul announces Implementation of Nomu Capped Index

RIYADH: The Saudi Stock Exchange (Tadawul) announced the implementation of Nomu Capped Index (NomuC) starting from Sunday 24/3/2019, as part of key developments previously announced aimed at supporting the growth, development and sustainability of the market, and increasing the number of listed companies on Nomu and enhancing the market liquidity.[the_ad… Continue reading