Business News
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Conference outlines investment avenues | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan-China Trade Conference at FoodAg 2024 exhibition has highlighted the agricultural collaboration and investment opportunities between the two countries. The Pakistan-China Agro Trade Conference, held as part of the three-day FoodAg 2024 at the Karachi Expo Centre,…
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Earnings, global markets help PSX recover | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX), after coming under pressure initially, rebounded and closed with a modest rise of nearly 350 points in the outgoing week as investor interest grew in the face of robust corporate results and recovery in…
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Experts call for boosting date palm industry | The Express Tribune
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[ad_1] KARACHI: Fruit experts suggest that establishing a tissue culture laboratory, proper cold storage facilities, providing pollination equipment, and cultivating exotic date palm varieties in the Nara tehsil of Khairpur district could increase production from 5.5 million tonnes to 10…
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Debt soars to record Rs74.6 trillion | The Express Tribune
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[ad_1] ISLAMABAD: As Pakistan’s public and guaranteed debt has surged to a record Rs74.6 trillion by the end of June, a new report by the Finance Ministry assesses that in case of any new macroeconomic and fiscal shock the debt…
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FPCCI urges task force to hold IPPs accountable | The Express Tribune
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[ad_1] LAHORE: The Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zaki Aijaz, expressed the nation’s anticipation of the task force on Independent Power Producers (IPPs) and Pakistan’s Power Sector Reforms to…
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Experts urge solar adoption | The Express Tribune
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[ad_1] KARACHI: Energy experts assert that solar energy adoption in Pakistan not only reduces reliance on fossil fuels and lowers energy costs but also enhances access to electricity in remote areas, creates jobs, and supports environmental sustainability, leading to a…
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Business group lays out 12-point export strategy | The Express Tribune
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[ad_1] LAHORE: A businessmen group has demanded that the government develop a long-term export strategy by ensuring consistency of policies. In a letter written to Prime Minister Shehbaz Sharif, Pakistan Business Forum (PBF) President Khawaja Mehboobur Rehman sought the premier’s…
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‘PSDP likely to be slashed by additional Rs400 billion’ | The Express Tribune
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[ad_1] Federal Minister for Planning, Ahsan Iqbal, has indicated that the Public Sector Development Programme (PSDP) may face further cuts, with the budget potentially being reduced by an additional 200 to 400 billion rupees. In an interview with Express News,…
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How much did power companies cost the national exchequer in just one year? | The Express Tribune
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[ad_1] Listen to article KARACHI: Pakistan’s power distribution companies (DISCOs) have inflicted a staggering loss of over Rs196 billion on the national exchequer in just one year, according to the Auditor General of Pakistan’s report for the fiscal year 2023-24. The audit…
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PSX continues to recover from bearish trend as KSE-100 index climbs 575 points | The Express Tribune
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[ad_1] Listen to article KARACHI: The Pakistan Stock Exchange (PSX) rallied on Friday, with the KSE-100 index surging by approximately 575.92 points, showing 0.73%, from the previous day’s close, reaching 78,450.14 in early trading. After experiencing volatility last week, the bulls experienced…
