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Showing posts with label NEW FOREIGN INVESTMENT. Show all posts
Showing posts with label NEW FOREIGN INVESTMENT. Show all posts

Tuesday, 8 November 2016

Clinton or Trump? America decides on 45th Potus.

               
                                                                                                    A Reuters/Ipsos poll gives Clinton a 90pc chance of defeating Trump.

Americans on Nov 8 began voting for the 45th president of the United States. Democrat Hillary Clinton and Republican Donald Trump face voters on Tuesday as millions of Americans turn out on Election Day to pick the next US president and end a bruising campaign that polls said favored Clinton.
In a battle centered largely on the character of the candidates, Clinton, 69, a former secretary of state and first lady, and Trump, 70, a New York businessman, made their final, fervent appeals to supporters late on Monday to turn out the vote.
If she wins, Hillary Clinton could become America's first female commander in chief. A Reuters/Ipsos States of the Nation poll gave Clinton a 90 per cent chance of defeating Trump and said she was on track to win 303 electoral college votes out of 270 needed, to Trump's 235.
World markets braced for the outcome of one of the most contentious US presidential elections in history, with stocks up slightly on cautious expectations of a Clinton win. The dollar and bond yields slipped, while gold inched up.

Saturday, 5 November 2016



NEW FOREIGN INVESTMENT TO BOOST ECONOMY: MIFTAH ISMAIL.


         
                                                                                                                                                                                                                       ISLAMABAD: Chairman Board of Investment Miftah Ismail Friday said foreign investment in auto sector would further boost the economy of the country.
Speaking in a TV programme, he said under new auto policy, the government intended to bring new foreign investment for car manufacturing as a French company is establishing its production unit in Karachi.
Initially, about $100 million would be invested by the company and it would have production capacity of upto 30000 cars in first phase, he said adding that the capacity would be increased to 50 thousand units.
With the launch of car models by new company, the customers would have more choice and reasonable price as well.
Miftah Ismail said many other companies of various countries are also taking interest to invest in auto sector of the country.
Beside new companies, current operating companies are also expanding their networks and their business is growing.