Business News
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Insurers seek complete digitisation | The Express Tribune
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[ad_1] KARACHI: Taking advantage of the growing digitalisation in the country, some divisions of the insurance sector are showing phenomenal growth. “Sectors such as health insurance are booming due to digitalisation that has contributed to the overall growth of the insurance industry,” underlined State Life Insurance Corporation of Pakistan (SLIC) board member Hamayun Bashir while…
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Country needs $36b in foreign loans | The Express Tribune
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[ad_1] KARACHI: Finance Minister Miftah Ismail has announced that Pakistan is expected to reach an agreement with the International Monetary Fund (IMF) in June, as the country is projected to need $36-37 billion in foreign financing in the next fiscal year. He revealed that at present the government was not considering raising fresh foreign debt…
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India faces wider coal shortages | The Express Tribune
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[ad_1] NEW DELHI: India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry presentation seen by Reuters showed, worsening risks of widespread power outages. The energy-hungry nation expects local coal supply to fall 42.5 million tonnes short of demand in the…
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Despite headwinds, PSX sees ray of hope | The Express Tribune
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[ad_1] The Pakistan Stock Exchange witnessed another volatile week as jittery investors tried to find major positive cues amid continuously deteriorating economic as well as political situation in the country. However, they finally got some respite later in the outgoing week mainly owing to the decision of Pakistan Tehreek-e-Insaf’s (PTI) chief Imran Khan to postpone…
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Balochistan issues Kissan Cards | The Express Tribune
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[ad_1] QUETTA: The Balochistan government has formally launched Kissan Cards to provide maximum relief to the farmers of the province. Talking to APP on Saturday, Balochistan government spokesperson Farah Azeem Shah said that the government had issued Kissan Cards to provide assistance to the farmers in boosting their yields. Under the programme, Shah said, registered…
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Educating farmers to boost exports | The Express Tribune
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[ad_1] LAHORE: In today’s global marketplace, buyers purchase a wide array of commodities from different parts of the world. The global buyers, however, face various challenges while buying commodities across geographical boundaries. Traditionally, they go through a long and cumbersome process of procuring such commodities that includes but not limited to quality assurance for the…
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Caught in the yearly price war | The Express Tribune
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[ad_1] PUBLISHED May 29, 2022 MIRPURKHAS/ KARACHI: More than 300 tractor trolleys packed with sugar cane stood in a queue outside the Mirpur Khas sugar mill in Sindh waiting to unload their trollies. This year like every other, the conflict between sugar mill owners and growers resulted in delays, leaving sugar cane producers frustrated. Tractor…
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Crafting the ride of your life | The Express Tribune
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[ad_1] PUBLISHED May 29, 2022 KARACHI: When it comes to starting an activity or a sport, one of the best things that you can do is treat it as a hobby. Those who treat it as an exercise or duty often don’t have the same love and passion as someone who treats it as a…
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Sleepwalking from crisis to crisis | The Express Tribune
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[ad_1] PUBLISHED May 29, 2022 ISLAMABAD: There is not much wisdom in doing the same thing over and over again and expecting a different result. Yet that is how successive governments in Pakistan have managed the economy. When faced by an economic crisis, our first reaction is to seek external loans under an IMF programme.…
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Govt revokes import ban on pet food, energy savers
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[ad_1] Photo: File ISLAMABAD: The federal government Saturday revoked the ban on the import of certain items including pet food and energy savers, according to a notification from the Ministry of Commerce days. The government had on May 19 imposed a ban on the import of non-essential luxury items under an “emergency economic plan” to…
