Business News
-
Bangladesh invites investment | The Express Tribune
.
[ad_1] KARACHI: Bangladesh Deputy High Commissioner SM Mahbubul Alam has stressed the need for enhancing trade and investment cooperation with Pakistan. Speaking to businessmen during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the envoy invited the…
-
More can be done, says UK trade envoy | The Express Tribune
.
[ad_1] ISLAMABAD: Concluding the United Kingdom (UK) Prime Minister’s four-day Trade Envoy to Pakistan on Thursday, UK member of parliament (MP) Mark Eastwood said his visit reaffirmed his view that more can be done to improve trade and relations between…
-
Remittances slip to $2bn in February
.
[ad_1] A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFP Pakistani workers’ remittances — the money sent home by expatriates — fell 9.5% to $2 billion in February, year-on-year,…
-
DISCOs to charge up to Rs 14.24 over fuel adjustment | The Express Tribune
.
[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed power distribution companies (Discos) and K-electric (KE) to recover deferred fuel adjustment surcharge up to Rs 14.24 per unit from electricity consumers. The power companies will recover this surcharge…
-
EU tells members to cut gas use further
.
[ad_1] Member states should again reduce demand by 15%, says Kadri Simson [ad_2] Source link
-
SBP’s forex reserves rise to $4.3b | The Express Tribune
.
[ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by 12.7% on a week-on-week basis to $4.3 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 3, 2023, the SBP’s…
-
SBP-held reserves increase after loan from Chinese bank
.
[ad_1] $100 notes can be seen in this undated image. — AFP/File The State Bank of Pakistan (SBP)-held forex reserves moved above $4 billion after the liquidity-challenged country received $500 million in loan from a Chinese bank. In a statement,…
-
Afghan coal exports to Pakistan ‘doubled’ | The Express Tribune
.
[ad_1] TORKHAM: According to a 2022 report by research group XCEPT, coal exports to Pakistan likely doubled under the Taliban government and earned Afghanistan $160 million in tax – three times what the previous administration was capable of. Pakistan has…
-
Rupee weakens against dollar in interbank market
.
[ad_1] A representational image of a currency exchanger counting dollar notes. — AFP The Pakistani rupee slipped down against the US dollar in the interbank market on Thursday. After depreciating by Rs2.88 against the greenback, the local currency changed hands…
-
Dar assures IMF agreement in next few days | The Express Tribune
.
[ad_1] ISLAMABAD: Finance Minister Ishaq Dar said on Thursday that Pakistan is close to reaching an agreement with the International Monetary Fund (IMF). “I and my team are absolutely committed to completing this [IMF] programme to the best of our…
