Business News
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The true purpose of finance: a sustainable society | The Express Tribune
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[ad_1] KARACHI: The futurist Willis Harman said, “Business has become, in the last century, the most powerful institution on the planet. The dominant institution in any society needs to take responsibility for the whole.” (cited in Hawken, 1992: 100, cited…
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Sahulat Account: a simplified way to invest in PSX | The Express Tribune
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[ad_1] KARACHI: It has never been more important to save money than it is now. Saving money helps us to meet our expenses for emergencies, child(ren)’s education, big purchases, or accumulating wealth for future use. However, with costs of staples,…
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Post-monetary policy blues | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) announced its decision to keep the policy rate stable at 9.75% in the previous week. The market had mixed expectations on whether there would be a hike or not. Given that inflationary…
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Yunnan enhances cooperation with Pakistan on pest control | The Express Tribune
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[ad_1] KUNMING: China and Pakistan are jointly deepening cross-border prevention and control of plant diseases and insect pests, with a joint research center in this field being planned, according to Yunnan Academy of Agricultural Sciences (YAAS). “Due to the special…
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Delay in signing of deals irks cabinet body | The Express Tribune
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[ad_1] ISLAMABAD: The delay in signing agreements with K-Electric has raised serious concerns for policymakers who have called upon the Power Division to place these deals before them for final approval. Sources told The Express Tribune that K-Electric was expected…
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Smartphone giant’s entry brings opportunities | The Express Tribune
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[ad_1] BEIJING: Pakistan has a low purchasing power, which means most of its imported goods are far too expensive for ordinary people. This is the reason why smartphones have struggled to penetrate the Pakistani market. Although 80% of the population…
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Auto sector grows despite inflation | The Express Tribune
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[ad_1] KARACHI: Despite mounting inflation, rising commodity prices and contraction in purchasing power of the public, foreign automobile brands are entering the Pakistani market to capitalise on the available opportunities. Peugeot, a European car company, announced on Saturday to kick…
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War threatens neon output for chips | The Express Tribune
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[ad_1] WASHINGTON: Ukraine’s two leading suppliers of neon, which produce about half the world’s supply of the key ingredient for making chips, have halted their operations as Moscow has sharpened its attack on the country, threatening to raise prices and…
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Moscow seeks Indian investment in oil, gas sectors | The Express Tribune
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[ad_1] NEW DELHI: Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s third-largest economy. Russia’s economy faces its deepest crisis since…
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Sri Lanka tightens trade rules to boost forex reserves | The Express Tribune
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[ad_1] COLOMBO: Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign exchange earnings within 180 days of transactions in a bid to improve country’s depleting foreign exchange reserves. Sri Lanka is tackling its worst financial…
