Business News
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Honda Atlas posts Rs197m quarterly profit | The Express Tribune
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[ad_1] KARACHI: Honda Atlas Cars Limited (HCAR) posted a profit after tax of Rs197 million for the fourth quarter ended March 31, 2022, down 78% as compared to Rs895 million in the same period of previous year. “The result is…
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Businessmen asked to explore Africa markets | The Express Tribune
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[ad_1] ISLAMABAD: The business community should focus on Africa for trade and exports as the African continent offers a huge potential to Pakistan for enhancing trade ties, said Ali Javed, Additional Secretary (Africa) of the Ministry of Foreign Affairs. He…
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Sericulture to boost farmers’ income | The Express Tribune
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[ad_1] LAHORE: “We’ve earned Rs70,000 in a month. However, if I work elsewhere, even with my kids, I can’t earn that much,” said Muhammad Aslam, a silkworm farmer in Punjab’s Changa Manga. Aslam’s income came from raising silkworms. It took…
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Govt jacks up petrol, diesel by Rs30 per litre | The Express Tribune
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[ad_1] The federal government has finally taken a tough decision to increase the petroleum prices by Rs30 per litre, Finance Minister Miftah Ismail announced. New prices will be effective from midnight (today), he added The development came a day after…
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Govt jacks up prices of petrol, diesel by Rs30 per litre | The Express Tribune
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[ad_1] The federal government has finally taken a tough decision to increase the petroleum prices by Rs30 per litre, Finance Minister Miftah Ismail announced. New prices will be effective from midnight (today), he added The development came a day after…
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Foreign exchange: SBP reserves fall $75m to $10.1b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 0.74% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 20, the foreign currency reserves held by the…
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Pakistan urged to set up RMB Capital Circulation System | The Express Tribune
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[ad_1] KARACHI: China has proposed to Pakistan to set up RMB Capital Circulation System to promote trade and transactions in the Chinese currency. In this regard, it was suggested that the State Bank of Pakistan (SBP) hold talks with the…
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Dollar nears Rs203 as PKR loses 98 paisas against greenback | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee registered yet another depreciation against the US dollar on Thursday as it dropped to almost Rs203 against the greenback in the interbank market amid dwindling foreign exchange reserves. The rupee hit an intra-day low at…
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Govt committed to reviving the IMF programme, says Miftah | The Express Tribune
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[ad_1] Finance Minister Miftah Ismail on Thursday said that the Pakistan Muslim League-Nawaz (PML-N) government is “committed to reviving the IMF programme and put Pakistan back on a sustainable growth path.” Ismail had returned from Doha, Qatar, where talks were…
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Chinese firms can invest $6b in ARE | The Express Tribune
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[ad_1] ISLAMABAD: The world needs more and more energy but natural energy sources are dwindling, therefore Pakistan is coming up with new ways to meet its growing needs – via free wind and sun! Pakistan is planning to generate 10,000…
