Business News
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Pak Suzuki halts production for 5 days
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[ad_1] “Restrictions have adversely impacted clearance of import consignment.” — Pak Suzuki Following restrictions to import auto parts and the resultant decline in inventory level, Pak Sukuzi Motor Company (PSMC) Monday announced that its production plant will be closed completely…
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Pakistan gold near one-week peak on safe-haven buying
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[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File Gold rose to a hover near a one-week high on Monday as concerns over the depreciating rupee lifted bullion’s appeal as a safe haven…
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PTI forms groups for economic, governance reforms in Pakistan: Fawad
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[ad_1] PTI Senior Vice President Fawad Chaudhry. — AFP/File Pakistan Tehreek-e-Insaf (PTI) has formed working groups to make fundamental reforms to fix the country’s economic and governance issues, the party’s Senior Vice President Fawad Chaudhry said on Monday. Taking to…
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Privatisation of power distribution companies-I | The Express Tribune
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[ad_1] ISLAMABAD: DISCOs (distribution companies) in the power sector have been a constant source of worries for successive governments in Pakistan. Losses, leakages, receivables, supply quality and discontinuities, and now the rising circular debt for which DISCOs are only partly…
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Horticulture: an obvious solution | The Express Tribune
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[ad_1] Food security is frequently defined in terms of food availability, but it has four fundamental components: food availability, access, utilisation and stability. Food security refers to the condition in which the entire population has continuous economic, social and physical…
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Vision 2030: how far has Saudi Arabia come? | The Express Tribune
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[ad_1] ISLAMABAD: The world is rapidly transforming in the 21st century where the rise of new variables continues to intensify political, economic and social divisions. At the same time, as a consequence of economic globalisation, the world has become more…
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Deadline to sell stake in Caixabank extended | The Express Tribune
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[ad_1] MADRID: The Spanish government has extended the deadline to sell its 17.3% stake in Caixabank, worth some 5 billion euros ($5.3 billion) at current market prices, by two years to the end of 2025, saying it aimed to get…
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Exports touch $30b for the first time in history: Alvi | The Express Tribune
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[ad_1] KARACHI: President Dr Arif Alvi, on Saturday, lauded the business community for hitting the $30 billion mark in exports this year despite the prevailing economic conditions. “It is encouraging that despite the challenges, Pakistan’s exports for the first time…
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Gold price rises by Rs200 per tola in Pakistan
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[ad_1] An undated image of gold jewellery. —AFP/File Following a major decline posted a day earlier, gold prices in Pakistan were little changed on Saturday as market participants awaited economic data for further direction. The price of gold registered a slight…
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Pakistan’s textile exports may fall ‘below $1b a month’ from 2023 | The Express Tribune
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[ad_1] The All Pakistan Textile Mills Association (APTMA) in a letter to Prime Minister Shehbaz Sharif on Friday warned that the country’s textile exports could fall below $1 billion a month from January 2023 onwards. The letter highlighted a range…
