Business News
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Pakistan to roll out 5G by April 2023 | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has prepared a policy framework aimed at rolling out 5G and advanced technology for it will be available by April 2023, said PTA Chairman Amir Azeem Bajwa. “PTA has developed a framework and…
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SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the…
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SEPA seals factory over failure to control pollution | The Express Tribune
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[ad_1] KARACHI: The Sindh Environmental Protection Agency (SEPA) has sealed a factory of petrocarbon products for polluting the air by discharging harmful pollutants without any mitigation measures. According to details, Sindh Environmental Protection Agency (SEPA) Director General Naeem Mughal had…
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$55m penalty imposed on local bank | The Express Tribune
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[ad_1] KARACHI: The US authorities have imposed a fine of $55 million on a local bank for alleged violation of anti-money laundering (AML) laws and repeated failure to operate its New York branch in compliance of the US laws. The…
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Foreign exchange: SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the…
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Oil exceeds $100 marks for first time since 2014 as Russia attacks Ukraine
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[ad_1] Oil prices exceed $100 a barrel mark for the first time since September 2014. Photo: file HONG KONG: The global prices of Brent crossed $100 a barrel mark for the first time since September 2014 on Thursday and safe…
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Ukraine crisis batters KSE-100 index in intra-day trading | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange felt the heat of the geopolitical tensions on Thursday and the KSE-100 index dived close to 1,000 points in intra-day trading, fuelled by Russia’s attack on Ukraine. Ukraine Foreign Minister Dmytro Kuleba confirmed in…
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Market watch: Ukraine crisis batters KSE-100 index | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange felt the heat of the geopolitical tensions on Thursday and the KSE-100 index dived over 1,300 points, fuelled by Russia’s attack on Ukraine. Ukraine Foreign Minister Dmytro Kuleba confirmed in a tweet that Russia…
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Oil breaches $100 for first time since 2014 on Ukraine attacks | The Express Tribune
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[ad_1] BEIJING: Oil breached $100 a barrel for the first time since 2014 on Thursday as Russia moved troops into Ukraine, sparking concerns that a war in Europe could disrupt global energy supplies. Russia has launched a full-scale invasion of…
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OGRA chief hints at further hike in oil prices | The Express Tribune
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[ad_1] ISLAMABAD: The National Assembly Standing Committee on Petroleum was informed on Wednesday that the prices of petroleum products might increase in the country because of unprecedented hike in the world oil prices, while two tenders for import of liquefied…
