Business News
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Oil steady as Russia-Ukraine supply fears wane | The Express Tribune
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[ad_1] LONDON: Oil prices on Wednesday fell from seven-year highs hit the previous day after a first wave of US and European sanctions on Russia appeared unlikely to disrupt oil supplies. Brent crude was down $0.27, or 0.2%, to $96.57…
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All set for privatisation of two LNG power plants | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has decided to privatise the country’s two liquefied natural gas (LNG) power plants in line with the demands of the International Monetary Fund (IMF) under the $6 billion Extended Fund Facility (EFF). Pakistan entered the…
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‘PTA to increase trade between Pak, Uzbekistan’ | The Express Tribune
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[ad_1] ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Tuesday said that the Preferential Trade Agreement (PTA) to increase bilateral trade between Pakistan and Uzbekistan is expected to be finalised on March 4. The…
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Houston trade delegation to visit Karachi | The Express Tribune
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[ad_1] KARACHI: The mayor of Houston (Texas, the United States) has expressed the desire to bring a trade delegation to Karachi in September 2022, which will hold meetings with government officials and local trade bodies, revealed Houston-Karachi Sister City Association…
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PM approves incentives for IT sector, freelancers | The Express Tribune
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[ad_1] ISLAMABAD: In a historic move, the government has approved a number of incentives to facilitate the information technology (IT) and IT-enabled services (ITeS) sectors, freelancers and startups. According to a statement, the approval was given by Prime Minister Imran…
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Seed industry rejects 17% sales tax | The Express Tribune
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[ad_1] LAHORE: The seed industry of Pakistan has termed imposition of 17% sales tax on seeds last nail in the coffin and rejected it while citing that it would affect the access to quality seeds for farmers, industry and end…
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SBP launches credit scheme for farmers | The Express Tribune
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[ad_1] KARACHI: Commercial banks must extend credit to farmers as per their potential and make it easier for them to acquire financing, said State Bank of Pakistan (SBP) Governor Reza Baqir. Speaking at the launch of Electronic Warehouse Receipt Financing…
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Pakistan, IDB ink $1.2b financing plan | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the Islamic Development Bank (IDB) have signed a $1.2 billion financing agreement for import of oil and food products, as Islamabad also completes procedural formalities to receive oil on deferred payments from Saudi Arabia of a…
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Albania invites Pakistani investors | The Express Tribune
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[ad_1] ISLAMABAD: Albania wants to enhance trade relations with Pakistan and there are immense opportunities for increasing the volume of trade between the two countries, which should be exploited for mutual benefit, said Non-resident Ambassador-designate of Albania Kastriot Robo. Exchanging…
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‘Ehsaas programme linked to women empowerment’ | The Express Tribune
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[ad_1] ISLAMABAD: Growth in digital financial services should be leveraged to bring women into the formal economy, said Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation Dr Sania Nishtar. Speaking at an event organised by the…
