Business News
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Cauliflower opens up new chapter for China-Pak agri tie up | The Express Tribune
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[ad_1] TIANJIN: “Pakistan imports more than 90% of the cauliflower seeds. Hybrid varieties are what we are badly in need of. Now, the major market share belongs to China. They can provide comparatively cheaper seeds,” noted Muhammad Muzaffar Raza, a…
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0.2m tons urea to be imported to bridge demand supply gap | The Express Tribune
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[ad_1] ISLAMABAD: The fertiliser review committee, which met here, insisted that a significant part of urea demand would be met domestically, however, a summary for import of 200,000 tons of urea would be prepared to bridge the gap before demand…
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Industry opposes withdrawal of amnesty scheme | The Express Tribune
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[ad_1] ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir termed the government’s intention to withdraw the tax amnesty scheme for the industrial sector under IMF pressure disappointing. Expressing concern, Munir said “the move will hurt industrial…
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CPEC DG yet to start working | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan, which was eyeing $10 billion Chinese investment and 420,000 new jobs in just four Special Economic Zones (SEZs), could not make the Directorate General of China-Pakistan Economic Corridor (CPEC) operational for swift handling of cargoes as 400…
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Russia, India in talks to restart coal supplies | The Express Tribune
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[ad_1] NEW DELHI: Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers, which has dried up since March over payment methods, a trade source and an…
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Indonesia’s palm oil export ban perturbs global buyers | The Express Tribune
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[ad_1] MUMBAI: Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia’s invasion of…
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Oil dives as Shanghai lockdowns stoke demand fears | The Express Tribune
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[ad_1] NEW YORK: Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. In Shanghai,…
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Workers may seek new jobs: survey | The Express Tribune
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[ad_1] WASHINGTON: Worker demands for more flexibility and security, bolstered by the pandemic and a tight labour market, are only growing more intense as the world economy reopens and some firms begin trying to pull employees back to offices, payroll…
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Another bank faces data theft | The Express Tribune
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[ad_1] KARACHI: Overseas thieves have managed to rob a leading bank in Pakistan through internet banking, as they used compromised data of a number of debit cards to conduct fraudulent financial transactions in foreign currencies. The event made the financial…
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Market watch: Stocks rally due to clarity about IMF package | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange rallied on Monday as investors were observed cheering the news of successful completion of talks with the International Monetary Fund (IMF) about the loan programme. Pakistan and the IMF agreed, in principle, to extend…
