Business News
-
Business tycoon Mian Mansha, others recognised as Pakistan’s highest taxpayers
.
[ad_1] Prime Minister Muhammad Shehbaz Sharif presents awards to the highest taxpayers and exporters of the country at the Tax Excellence Awards 2024, in Islamabad on March 26, 2024. — PID Pakistan’s compliant taxpayers — including traders and businessmen — were lauded and rewarded for their positive contribution to the country’s economy during the Tax Excellence Awards…
-
Pakistanis drink tea worth over $436m in 8 months amid economic crisis
.
[ad_1] A vendor preparing tea for his customers in a local hotel in Islamabad. — APP ISLAMABAD: Pakistan spent a mammoth amount of over $436 million on tea imports during the first 8 months of the current financial year which grew by 10.13% compared to the corresponding period of the previous year. During the period…
-
Energy supply chain under threat | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan State Oil (PSO) has warned that the country’s entire energy supply chain may get disrupted as circular debt is uncontrollably rising in sales of liquefied natural gas (LNG). In a letter written to the managing director of Sui Northern Gas Pipelines Limited (SNGPL), oil marketing giant PSO said that outstanding dues against…
-
Minister urges speedy work on Gwadar plant | The Express Tribune
.
[ad_1] ISLAMABAD: Minister for Planning, Development, and Special Initiatives Professor Ahsan Iqbal directed the authorities concerned on Tuesday to expedite the construction work on the Gwadar Power Plant. The minister issued these directives while chairing a meeting to review the progress of the Gwadar Power Plant. The meeting was attended by ministry officials, the Managing…
-
Mukesh Ambani thank you: Mumbai beats Beijing as Asia’s billionaire capital for first time
.
[ad_1] Mukesh Ambani helps Mumbai become Asia’s billionaire capital along with other Indian rich men. — Reliance/File Mumbai takes over Beijing to become Asia’s billionaire capital for the first time. Surpassing China’s average wealth per billionaire (US$3.2 billion vs US$3.8 billion), Indian billionaires’ cumulative wealth reached US$1 trillion, according to the 2024 Hurun Global Rich…
-
OCAC backs old price mechanism | The Express Tribune
.
[ad_1] ISLAMABAD: The oil industry has called for reverting to the old methodology of price revision based on the current value of dollar indexation. In a letter written to the Oil and Gas Regulatory Authority (Ogra) chairman, the Oil Companies Advisory Council (OCAC), a lobbying group of oil industry players, called for re-establishing the old…
-
Competitors raise concern over telecom merger | The Express Tribune
.
[ad_1] ISLAMABAD: As one of the largest mergers in Pakistan’s telecom sector is underway, the Competition Commission of Pakistan (CCP) has said that the decision on acquisition of Telenor Pakistan by Pakistan Telecommunication Company Limited (PTCL) could be delayed as competitors have expressed concern over the plan. In a statement, the CCP said that a…
-
SIFC approves setting up of largest IT park | The Express Tribune
.
[ad_1] ISLAMABAD: The Special Investment Facilitation Committee (SIFC) has approved the establishment of Pakistan’s largest IT Park in the G-10 sector of the federal capital, covering an expansive area of 3.3 acres. This decision signifies a significant leap forward for Pakistan’s growing tech sector, offering unprecedented opportunities for innovation and advancement. Negotiations are underway with…
-
‘Rich Dad, Poor Dad’ author Robert Kiyosaki bets on $100,000 Bitcoin by Sept
.
[ad_1] ‘Rich Dad, Poor Dad’ author Robert Kiyosaki buying more Bitcoins as cryptocurrency poised to touch $100,000 within months. — AFP/File Robert Kiyosaki, the famed author of the groundbreaking 1997 book “Rich Dad Poor Dad”, which advocates the importance of financial literacy and coaches on how money works, is doubling down on Bitcoin as…
-
These US cities will pay you $15,000 to move there — Check out new relocation packages
.
[ad_1] Americans applying for relocation programmes to start new life with $15,000 in these US cities. — Unsplash/File Many Americans are looking for ways to keep more hard-earned dollars in their bank account as life in the US is pretty expensive these days. Between seemingly eternal inflation, high interest rates, and the exorbitant cost of…
