Business News

  • Pakistan may not be able to pay for Google apps | The Express Tribune

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    [ad_1] ISLAMABAD: On the telecom operators’ concerns over the blocking of payment to Google, Federal Information Technology and Telecommunication Minister Aminul Haque on Tuesday said a letter had been sent to Finance Minister Ishaq Dar expressing reservations over the move….

  • ECO Bank to provide soft loan worth Є150m to Pakistan

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    [ad_1] Economic Cooperation Organization Trade and Development Bank President Yalcin Yuksel (R) calls on Prime Minister Shehbaz Sharif (L). — PID  ISTANBUL: The Economic Cooperation Organisation (ECO) Trade and Development Bank on Saturday announced to provide soft loan worth €150…

  • Azerbaijan announces five-year tax exemption on rice import from Pakistan

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    [ad_1] Azerbaijan President Ilham Aliyev. — APP/File BAKU: Prime Minister Shehbaz Sharif’s meetings with Azerbaijan President Ilham Aliyev in the last couple of months are bearing fruits as Baku on Saturday announced a five-year tax exemption on rice imports from Pakistan.  Addressing…

  • Lack of planning harms LNG supply chain | The Express Tribune

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    [ad_1] ISLAMABAD: Deficiencies in the legal structure and infrastructure and lack of strategic planning have marred the liquefied natural gas (LNG) supply chain in Pakistan. Analysing the LNG framework and its supply chain, auditors have pointed out several deficiencies like…

  • SBP governor assures Pakistan to repay $1bn bond 3 days before due date

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    [ad_1] State Bank of Pakistan Governor Jameel Ahmad. — Twitter/@StateBank_Pak ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad Friday assured that country will repay a $1 billion international bond on December 2 — three days before its due date….

  • Audi drops price of electric vehicles up to Rs19m | The Express Tribune

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    [ad_1] KARACHI: In a surprise move, amid circumstances where the auto sector persists in hiking prices to offset the appreciated dollar against rupee value, Audi Premier Motors on Friday announced a considerable drop in prices of their electric sport utility…

  • Amazon workers protest on Black Friday | The Express Tribune

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    [ad_1] BERLIN/ PARIS: Some workers at Amazon sites in Germany and France downed tools on Black Friday, as part of a move across the world to target the online retailer on one of the busiest shopping days of the year…

  • Gold price remains unchanged in Pakistan

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    [ad_1] A representational image of gold jewellery. — AFP/File KARACHI: Gold price remained unchanged in Pakistan despite the constant depreciation of the rupee against the US dollar. Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed…

  • Pakistan rupee flat as demand outstrips dollar supply

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    [ad_1] A money dealer talks to customers holding two phone receivers to both his ears as he displays $100 banknotes at a foreign exchange company. —AFP/File KARACHI: Pakistan’s rupee Friday ended flat against US currency, mostly owing to corporate demand…

  • SBP jacks up interest rate to 16% — highest since 1999

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    [ad_1] The State Bank of Pakistan (SBP) building in Karachi. — AFP/File KARACHI: Contrary to market expectations, the State Bank of Pakistan (SBP) raised its key policy rate by 100 basis points to 16% — the highest level since 1999…