Business News

  • SPARC suggests more tax on cigarette | The Express Tribune

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    [ad_1] ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) warmly welcomed the appointment of the new finance minister and urged him to consider tobacco taxation as a potential avenue for boosting the economy. Aligning with public health initiatives, the SPARC emphasised the importance of increasing taxes on cigarettes to reduce…

  • SIFC, Saudi firm ink agreement for high-quality fodder cultivation

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    [ad_1] Cultivation of cattle fodder in Pakistan in this still taken from a video. — SIFC/Radio Pakistan Pakistan and Saudi Arabia have taken a step forward to enhance bilateral cooperation in the livestock sector as the Special Investment Facilitation Council (SIFC), and Najd Gateway Holding Company signed an agreement to “cultivate 5,000 acres of alfalfa…

  • Experts push for corporate farming | The Express Tribune

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    [ad_1] KARACHI: Industrialists and progressive growers have described corporate farming as a positive initiative aimed at revamping and promoting the agriculture sector of the country. They advocate for establishing market prices for seeds, urea, pesticides, and agricultural commodities, alongside providing subsidies to farmers. Speaking to The Express Tribune, they highlighted the adverse impact of rising…

  • State-owned housing finance giant cuts funding | The Express Tribune

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    [ad_1] KARACHI: The House Building Finance Corporation (HBFC) has reportedly stopped providing subsidised housing and construction loans to the general public. According to the financial performance report of the state-owned housing finance giant till December 31, 2023, new financing has been slashed for the purchase, construction, and renovation of houses. Despite being highly paid, the…

  • SBP keeps policy rate unchanged at 22% as inflationary risks remain

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    [ad_1] State Bank of Pakistan logo seen on a wall in this undated image. — Bloomberg/File The State Bank of Pakistan (SBP) has decided to keep the monetary policy rate unchanged at 22%, the central bank said in an official statement after the Monetary Policy Committee (MPC) earlier today (Monday).  At its meeting, the Committee…

  • SNGPL seeks 147% hike in gas price

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    [ad_1] LPG cylinder with a stove is being sold at a shop in Hyderabad on March 17, 2024, as the demand for composite cylinders has increase in the city amid prolonged gas load-shedding. —PPI LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) has sought from the Oil and Gas Regulatory Authority (Ogra) to increase the…

  • SBP keeps policy rate unchanged for fifth consecutive time | The Express Tribune

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    [ad_1] KARACHI: The State Bank of Pakistan (SBP) left its key policy rate unchanged on Monday at a record high of 22% for the fifth consecutive time in the past nine months, taking a cautious approach against a likely uptick in inflation readings amid the ongoing talks with the International Monetary Fund (IMF). In its…

  • SBP expected to maintain policy rate in meeting today

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    [ad_1] State Bank of Pakistan’s (SBP) old building. — AFP/File The monetary policy rate is likely to remain unchanged as the monetary policy committee of the State Bank of Pakistan (SBP) conducts a meeting in Karachi today. In a statement on Monday, the central bank said its committee will meet today to decide on the…

  • Bloated bills in the offing as SSGC wants further hike in gas tariff

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    [ad_1] A representational image showing lit burner of a gas stove. — AFP/File Consumers should brace themselves for bloated bills amid the back-breaking inflation as the Sui Southern Gas Company (SSGC) has requested the fuel regulator — the Oil and Gas Regulatory Authority (Ogra) — to further increase gas tariff from July 2024. The development…

  • What is the key to being relevant in today’s job market?

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    [ad_1] Representational image. — Unsplash Do you fear going irrelevant in today’s job market? So, how can you keep yourself relevant in your workplace? You are not alone. This question may haunt your mind. Many fear that their skills won’t keep pace with the changing job market. In modern day workplace, workers are worried about…