Business News
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Govt asked to consult traders on market hours | The Express Tribune
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[ad_1] ISLAMABAD: Special Assistant to the Punjab Chief Minister Malik Abrar Ahmed has said that the business community is playing a vital role in the development of the economy and the government will take all possible measures to resolve the…
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Exporters seek restoration of RLNG supplies | The Express Tribune
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[ad_1] KARACHI: The export sector has demanded that the government should restore gas supplies to the power plants to avert any crisis in export-oriented industries and further worsening of trade deficit. “Immediate restoration of full supplies of re-gasified liquefied natural…
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50MW IPP plant proposed for Gwadar Port | The Express Tribune
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[ad_1] GWADAR: After the fresh hike in petrol prices, a proposal to install a 50-megawatt independent power plant, in collaboration with Chinese power producers in Gwadar, is going to be floated in a crucial meeting, which is likely to be…
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Rupee dives as rumours spark fears | The Express Tribune
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[ad_1] KARACHI: Pakistani currency dived 1.07% (or Rs2.14) to a two-week low at Rs200.06 against the US dollar in the inter-bank market on Monday due partly to strong rumours that the government was considering freezing foreign currency accounts. The rupee…
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Govt may raise tax on banks | The Express Tribune
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[ad_1] ISLAMABAD: The government may increase the super tax on commercial banks to 7% and also further enhance the additional tax on profits that banks make by extending loans to the cash-starved central government. If both proposals pass the scrutiny…
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Poultry sector demands sales tax-free status | The Express Tribune
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[ad_1] LAHORE: Pakistan Poultry Association (PPA) has asked the government to remove all duties and sales tax on the import of raw material, chemicals and machinery used in the production of primary food. The association has demanded that the government…
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Footwear industry eyes $1b export target | The Express Tribune
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[ad_1] LAHORE: Footwear manufacturers, while terming the ban on import of goods a right and wise decision, have expressed hope that the move will lead to 100% local shoe manufacturing over the coming years. “We have set the shoe export…
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Hybrid seeds to tackle shortage | The Express Tribune
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[ad_1] ISLAMABAD: If a butterfly flapping its wings can bring a storm across the ocean, then the conflict between Ukraine and Russia, known as the breadbaskets of the world, which account for nearly 30% of global wheat exports, has brought…
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Pakistan not facing financial emergency: Miftah Ismail
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[ad_1] Federal Minister for Finance and Revenue, Miftah Ismail addressing a press conference at PID in Islamabad, on May 15, 2022. — APP ISLAMABAD: Following the government’s measures to rectify the ongoing economic turmoil, Finance Minister Miftah Ismail Monday clarified…
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Bourse closes in green on cherry-picking | The Express Tribune
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[ad_1] Market watchBourse closes in green on cherry-pickingBenchmark KSE-100 index adds 262.33 points to settle at 41,577.21OUR CORRESPONDENTKARACHIPakistan stock market opened the week on a positive note on Monday as investors opted for cherry-picking of attractive stocks.Following the bearish spell…
