Business News
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The dream of 200% growth in textile exports | The Express Tribune
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[ad_1] KARACHI: Pakistan continues to grapple with the challenge of weak exports. This has had an adverse impact on the nation’s trade balance, current account, and foreign exchange reserves. The modest scale and sluggish growth of exports are major factors…
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Shariah-compliant counter at PSX | The Express Tribune
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[ad_1] KARACHI: The potential of attracting Shariah-compliant investors to the Pakistan Stock Exchange (PSX) was witnessed once again with massive participation in Pakistan’s first listed government Ijarah Sukuk issuance. Against the auction target of Rs30 billion set by the Ministry…
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Cabinet explores intl best practices | The Express Tribune
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[ad_1] ISLAMABAD: In response to past disputes and international legal challenges faced by Pakistan, cabinet members are advocating for a comprehensive study of global best practices to instil confidence in investors regarding the security of their investments in the country….
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SIFC key to economic stability, says IT minister | The Express Tribune
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[ad_1] ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication, Dr Saif Umar, stated on Saturday that the Special Investment Facilitation Council (SIFC) functions as an effective platform for ensuring economic stability and making timely decisions in the public interest….
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Despite reduction, oil prices still higher | The Express Tribune
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[ad_1] KARACHI: Hyderabad Chamber of Small Traders and Small Industry President Muhammad Farooq Shaikhani has praised the government’s decision to reduce petroleum product prices, stating that this step will help mitigate the wave of inflation in the country. He said…
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PC board approves rules to accelerate PIA privatisation | The Express Tribune
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[ad_1] ISLAMABAD: The Privatisation Commission (PC) board has approved new rules to sell state entities through direct negotiations to foreign nations after setting their minimum price under a competitive process – in a move that will help fast-track the sale…
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Investment in govt debt hits record | The Express Tribune
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[ad_1] KARACHI: The parking of bank deposits in the safe-haven government debt securities hit a new high at 92% in November 2023, leaving very little financing for the private sector, which has remained the engine of economic growth. According to…
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Elon Musk starts war with Tesla workers which he might not win
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[ad_1] A cut out of Elon Musk with a Tesla display as a backdrop. — Tesla Elon Musk and a bunch of Swedish labourers are at odds, resulting in a nationwide strike wave affecting the billionaire’s electric vehicle company, Tesla….
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Caretakers slash petrol price by Rs14 per litre
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[ad_1] Employees at a fuel station attend to their customers in Islamabad, on February 16, 2022. — AFP/File ISLAMABAD: The caretaker government, providing relief to the inflation-hit Pakistanis, slashed the price of petrol by Rs14 per litre. In a notification,…
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Pakistan, Japan launch ambitious project to boost ICT exports | The Express Tribune
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[ad_1] ISLAMABAD: The Federal Ministry of Information Technology and Telecommunication (MoITT), Pakistan, and the Japan International Cooperation Agency (JICA) have initiated an EAD-approved project focused on elevating Pakistan’s ICT industry exports to Japan and fostering partnerships between public and private…
