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Search resuls for: "PAKISTAN BUSINESS"


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OSLO, Oct 25 (Reuters) - Norwegian telecoms operator Telenor (TEL.OL) hopes to decide on a strategic solution for its Pakistan business before year-end, the company's CEO told Reuters on Wednesday. "We are in contact with many parties now, which is why I say I'm rather optimistic that we will by the end of the year have a final solution," CEO Sigve Brekke said. The three options are a merger similar to what Telenor has already done for other parts of its Asia businesses, a sale, or to continue but in a different operational model, he added. Reporting by Victoria Klesty, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.
Persons: Sigve Brekke, Victoria Klesty, Terje Solsvik Organizations: Telenor, Reuters, Thomson Locations: OSLO, Norwegian, Pakistan, Asia
Experts have mixed reactions on whether the budget will meet IMF requirements and the impact on the economy. The ‘No new Taxes on Industry’ claim is belied by increase in super tax and that too in not a fully progressive way. Will retailers and the agri sectors that together contribute 40% contribute more than 2% as a result of the budget? SHAHBAZ ASHRAF, CHIEF INVESTMENT OFFICER AT FRIM VENTURES“It is surely not a budget that the IMF would approve of. "The regional energy price budget, which has built in cross subsidies, general collection and distribution losses is something the export industry cannot sustain."
Persons: GHIAS KHAN, EHSAN MALIK, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, ABDUL ALEEM, IRFAN IQBAL SHEIKH, MUSTAFA PASHA, SHAHBAZ ASHRAF, they've, There's, ” FAHAD RAUF, ISMAIL IQBAL, GOHAR EJAZ, Ariba Shahid, Jonathan Oatis, Nick Zieminski Organizations: International Monetary Fund, IMF, Pakistan, Reuters, FX, ENGRO CORP, OF, PAKISTAN BUSINESS, Industry, PAKISTAN, Company, FEDERATION OF PAKISTAN, OF COMMERCE, PKR, IN, MILLS ASSOCIATION, Thomson Locations: KARACHI, Pakistan, PAKISTAN, Karachi
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