Business News
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Miftah Ismail stresses need to tax real estate sector
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[ad_1] Former finance minister Miftah Ismail addressing a press conference. — APP/File Former finance minister Miftah Ismail said Saturday that there was a need to impose taxes on the real estate sector to generate more revenue for the country and…
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These 5 tips will help you build global startup from scratch
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[ad_1] These 5 tips will help you build global startup from scratch. Representational image from Unsplash Creating an international startup from nothing is a challenging endeavor that demands dedication, adaptability, and a willingness to embrace diversity. Alina Vandenberghe, co-founder of Chili…
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Oil dips but on track for fifth week of gains | The Express Tribune
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[ad_1] NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets…
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Central bank to review policy rate next week | The Express Tribune
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[ad_1] KARACHI: In its first meeting post-IMF new loan programme, Pakistan’s central bank is scheduled to review its key policy rate, the cost of banks’ lending, on Monday. It will assess whether it remains appropriate at the current historical high…
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PSX prepares for tech powerhouse IPO | The Express Tribune
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[ad_1] KARACHI: Excitement is brewing at the Pakistan Stock Exchange (PSX) as the first company of fiscal year 2024 is set to join its main board next month. Summetry Group, a dynamic tech company, has announced plans to raise a…
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Govt allows imports for EPZs | The Express Tribune
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[ad_1] ISLAMABAD: In a strategic move to expedite the development of Export Processing Zones (EPZs) and achieve ambitious export targets, the Pakistani government has taken a momentous step by allowing the import of construction material from tariff areas into EPZs…
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Sales may take a hit due to heat waves, says world’s biggest ice cream company
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[ad_1] Representational image of a customer buying an ice cream. — AFP/File Unilever, the world’s biggest ice cream company, thinks that ice cream can become too hot to enjoy. Known for popular ice creams loved by children and adults alike,…
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‘Had Imran-led govt continued, Pakistan’s economy would have collapsed’
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[ad_1] The country would have economically collapsed had the Pakistan Tehreek-e-Insaf (PTI) government completed its tenure, former Federal Bureau of Revenue (FBR) boss Shabbar Zaidi said. The PTI’s tenure was cut short in April 2022, when the government was ousted…
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Rupee rebounds, reaches Rs286.45/$ | The Express Tribune
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[ad_1] The Pakistani currency continued its impressive recovery for the second consecutive working day, gaining 0.21% or Rs0.59, against the US dollar in the interbank market on Thursday, reaching Rs286.45. This surge comes after Finance Minister Ishaq Dar announced that…
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Forex reserves decline by $541m | The Express Tribune
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[ad_1] KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced a significant decline, dropping 6.2% on a week-on-week basis, as reported on Thursday. The reserves reached $8.2 billion on July 21, marking a decrease of $541…
