Business News
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Body formed for tax base expansion | The Express Tribune
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[ad_1] ISLAMABAD: Days before the arrival of a new technical mission from the International Monetary Fund (IMF) to study Pakistan’s tax system, the government has constituted a new committee under the supervision of a three-star military general for data integration…
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Business leaders urge FTA to boost Pak-Kazakh trade | The Express Tribune
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[ad_1] ISLAMABAD: Local business leaders and traders are calling for the Free Trade Agreement (FTA) to elevate bilateral trade between Pakistan and Kazakhstan to the $1 billion mark. President of the Federation Pakistan Chamber of Commerce and Industry (FPCCI), Irfan…
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Black Friday: Was it 1869 US gold market crash or slaves’ clearance sale that started this tradition?
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[ad_1] Shoppers buy TV sets at a supermarket during a Black Friday sale in Sao Paulo, Brazil, November 23, 2023. — AFP When the phrase “Black Friday” was originally used, it wasn’t in reference to the post-Thanksgiving holiday shopping spree,…
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PSX reaches another historic high
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[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP KARACHI: Stocks on Friday started the day on a positive note, marking a new…
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PSX crosses new milestone of 59,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) continued its record-breaking spree on Friday and surpassed the remarkable milestone of 59,000 points, reaching an all-time high of over 59,500 points due to economic optimism. The benchmark KSE-100 Index hit a record…
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Pakistan IT exports could reach up to $10 billion under new policy: minister
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[ad_1] Caretaker IT Minister Dr Umar Saif is addressing event at a local hotel in Islamabad on November 23, 2023. — Ministry of IT and Telecommunication Caretaker Minister for Information Technology and Telecommunications Dr Umar Saif has said Pakistan IT…
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Global investors’ confidence in Pakistan rises | The Express Tribune
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[ad_1] KARACHI: Pakistan has won back confidence of global investors as the country risk premium fell significantly from the peak of over 14% in June while its dollar-denominated Eurobond prices rose notably. Topline Securities CEO Mohammed Sohail said on social…
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Financial misconduct claims in fertiliser sector, CPPs | The Express Tribune
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[ad_1] ISLAMABAD: Government officials are levelling accusations against fertiliser manufacturers, claiming that they are profiting at the expense of farmers while enjoying the benefits of cheaper gas. A recent Economic Coordination Committee (ECC) meeting highlighted a disparity in the intended…
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KE to collect additional surcharge from Karachiites till Nov 2024
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[ad_1] Workers seen on an electric pole in Islamabad, on October 26, 2023. — APP ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Thursday approved a hike of Rs1.52 per kWh surcharge for Karachi Electric (KE) consumers. The approval was…
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IMF expects dollar price to improve | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan is likely to seek a waiver from the International Monetary Fund (IMF) for violating the condition of restricting the difference between inter-bank and open market currency rates as the lender improves its assumption for the average dollar…
