Business News

  • Overcoming obstacles for Pakistani SMEs in trade | The Express Tribune

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    [ad_1] KARACHI: Small and medium enterprises (SMEs) are often referred to as the engine of growth because they not only produce a significant proportion of goods and services but also provide substantial employment opportunities. SMEs are typically founded by innovative…

  • Wapda, UAE group join hands to address energy crisis in Pakistan

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    [ad_1] Water and Power Development Authority and United Arab Emirates company sign agreement on energy. — APP   Amid the ongoing power crisis being faced by the country, the Water and Power Development Authority (WAPDA) and United Arab Emirates (UAE) Sheikh…

  • IMF has no confidence in Dar, says Qureshi

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    [ad_1] PTI Vice Chairman Shah Mehmood Qureshi addresses a press conference in Multan, on June 25, 2023, in this still taken from a video. — YouTube/GeoNews Coming down hard on Finance Minister Ishaq Dar, Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah…

  • Pakistan’s energy shortfall ‘surpasses 8,500 megawatts’

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    [ad_1] People at a hotel during a power outage. — AFP/File LAHORE: With heatwave-like conditions across the country, the prolonged power outages have added to the citizens’ misery as the overall energy shortfall has surpassed 8,500 megawatts, sources told Geo…

  • An uncomfortable reality check | The Express Tribune

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    [ad_1] The recent news of a leading oil marketing company’s decision to leave Pakistan has created a stir in the country. While some attribute this to the current economic environment, the underlying factors are far more intricate and pervasive than…

  • Gold price in Pakistan plunges by Rs2,500 per tola

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    [ad_1] An undated image of gold jewellery showcased in a jewellery store. — AFP/File Gold price in Pakistan witnessed a decline on Saturday as per tola price of yellow metal declined by Rs2,500 amid nominal increase in the international rates….

  • Nissan investigates claims against CEO | The Express Tribune

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    [ad_1] TOKYO: Nissan has launched an investigation into claims by a senior adviser that CEO Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of the matter said. The surveillance claims, first reported by…

  • Pakistan-IMF deal expected ‘soon’

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    [ad_1] International Monetary Fund Managing Director Kristalina Georgieva calls on Prime Minister Shehbaz Sharif on September 21, 2022. — APP ISLAMABAD: After months-long wrangling between the International Monetary Fund (IMF) and the government over the tightly-negotiated ninth review of the…

  • Rise in LNG chain circular debt feared | The Express Tribune

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    [ad_1] ISLAMABAD: Pakistan State Oil (PSO) has voiced fear that circular debt related to the liquefied natural gas (LNG) supply chain, which has already piled up to Rs447 billion, will continue to increase. In a recent corporate briefing on the…

  • Global equity funds see $15b in outflows | The Express Tribune

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    [ad_1] BENGALURU: Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs staying higher for longer as the European Central Bank raised interest rates and the Federal Reserve signalled more hikes. Investors…