Business News
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Govt plans Rs100 billion Sukuk boost at PSX | The Express Tribune
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[ad_1] KARACHI: The government is set to hold the second auction of Sukuks at the Pakistan Stock Exchange (PSX) on Tuesday, aiming to raise new domestic debt worth Rs100 billion after securing financing at a comparatively low price in the first auction held last month at the bourse. The government has decided to gradually increase…
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Expanding job frontiers: Pakistanis to benefit from new Qatar pacts
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[ad_1] Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development Jawad Sohrab Malik during an agreement signing event in Qatar in this photo. — Supplied Islamabad and Doha signed key agreements to bolster job opportunities for Pakistanis during the three-day official visit of Special Assistant to the Prime Minister on Overseas…
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President directs banks to refund lost amount to victims of online scams
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[ad_1] A representational image of a person using coding for data purposes. — AFP/File Rejecting the representations of two private banks, President Dr Arif Alvi Sunday directed them to pay the lost amount to the victims of online scams. The president asked Banking Mohtasib to take up the matter of banking frauds with the State…
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Are paper ballots still necessary today? | The Express Tribune
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[ad_1] ISLAMABAD: All is set to print ballot papers for the 2024 election in Pakistan, and the three public sector printing press facilities – Security Printing Corporation, the Pakistan Postal Foundation, and the Printing Corporation of Pakistan – are dedicated to catering to the voluminous job in the shortest period of time. The Election Commission…
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Pollution risks by petrol pumps | The Express Tribune
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[ad_1] ISLAMABAD: We pass through a smog season every winter which impairs social and economic life in our major cities, especially in Punjab. Schools are closed and the children and the elderly fall sick. We have, in the recent past, described the source of problems and the solutions thereof in a number of pieces. In…
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Transmission sector reforms and load-shedding | The Express Tribune
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[ad_1] LAHORE: Electricity load-shedding is back in the last couple of weeks. Urban areas are observing around four to five hours of load-shedding, while the situation is worse in rural areas. The demand for electricity is around 14,500 megawatts while the system is generating around 10,000MW of electricity. The huge shortfall in generation is witnessed…
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Value chain(ed): a fresh and objective look | The Express Tribune
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[ad_1] ISLAMABAD: It has become almost a cliche to say that we need to focus on value addition in all of the economic activities and we should become part of the regional or global value chains. While the concept has its own merits, and more importantly, the enabling factors and prerequisites, we should have a…
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PBF urges use of AI for agricultural growth | The Express Tribune
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[ad_1] ISLAMABAD: Vice President of the Pakistan Business Forum (PBF), Chaudhry Ahmad Jawad, on Saturday, highlighted the urgent requirement for a consistent 5% annual growth in the country’s agriculture sector, supported by AI integration. In a meeting with Atif Ikram, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Jawad stressed the…
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Govt plans to launch digital rewards | The Express Tribune
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[ad_1] ISLAMABAD: The government has decided to launch a digital rewards platform of the National Database and Registration Authority (NADRA), called the National Digital Wallet, to promote cashless economy in Pakistan. Under the proposed plan, 1% of electricity, gas and fuel bills may be linked to the digital rewards. According to sources, the Ministry of…
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IMF warns of risks to economy despite stabilisation | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund said on Saturday that Pakistan’s economy has stabilised but warned that serious risks have emerged to Islamabad’s debt sustainability and its ability to pay back the IMF loans. The caretaker government has managed to maintain economic stability on the back of decisive policy efforts, acknowledged the IMF in its…
