Business News
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Bridging economies: benefits of Islamic finance for CPEC | The Express Tribune
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[ad_1] KARACHI: The China-Pakistan Economic Corridor (CPEC) stands as a testament to the evolving landscape of international trade and economic cooperation. Spanning infrastructure projects, energy ventures, and economic zones, CPEC aims to bolster connectivity and development between China and Pakistan, while also potentially benefiting neighbouring regions. It is predicted that CPEC will result in the…
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Experts advocate for taxing all sectors to broaden tax base
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[ad_1] Economic experts participate in ‘Great Debate’ live on Geo News. — screengrab/GeoNews/YouTubE The financial experts and representatives of major trade associations have stressed on inclusion of all the sectors into tax net in a bid to achieve a broader tax base as Geo News organised the Great Debate programme to bring out the best…
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Envoy invites foreign firms to invest in tech zones | The Express Tribune
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[ad_1] BEIJING: Pakistan’s Ambassador to China Khalil Hashmi briefed Chinese and international enterprises and entrepreneurs about the lucrative incentives being offered by Islamabad and invited them to invest in the National Aerospace Science and Technology Parks as well as in the thriving unmanned aerial vehicle (UAV) sector. Speaking at the opening ceremony of the 8th…
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PSX cheers IMF loan, UAE investment | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) enjoyed a bullish week and ended at a record high just short of 76,000 points as investor interest was bolstered by several positive triggers including loan talks with the International Monetary Fund (IMF), pre-budget speculation and assurances of massive investments by the United Arab Emirates (UAE). The market’s bull-run…
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KP proposes 10% pay raise for govt employees
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[ad_1] Khyber Pakhtunkhwa proposes a 10% hike in the salaries and pension of government employees. — AFP/File The Khyber Pakhtunkhwa government on Friday proposed a 10% hike in the salaries of public servants amid economic challenges. Taking lead over the federal government as well as other three provinces, Chief Minister Ali Amin Gandapur-led government unveiled…
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Salient features of KP budget FY25
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[ad_1] Khyber Pakhtunkhwa Finance Minister Aftab Alam presents budget for the fiscal year 2024-24 in the provincial assembly on May 24, 2024, in this still taken from a video. — YouTube/Geo News The PTI-led Khyber Pakhtunkhwa (KP) government Friday unveiled Rs1,754 billion annual budget for the fiscal year 2024-25, with a promise of 100,000 jobs…
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KP govt announces budget FY25 with total outlay of Rs1,754bn
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[ad_1] KP finance minister Aftab Alam presents the provincial budget for FY 2024-25 on May 24, 2024. — Screen grab/Geo News The Khyber Pakhtunkhwa (KP) government on Friday unveiled its annual budget for the fiscal year 2024-25 with a total outlay of Rs1,754 billion, with a surplus of Rs100 billion. The government has projected Rs…
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MPs demand end to fertiliser subsidy | The Express Tribune
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[ad_1] ISLAMABAD: While proposing a massive crackdown on the fertiliser mafia, members of parliament have proposed an end to the subsidy for urea manufacturers through setting uniform gas supply prices. A high-level committee, constituted by Prime Minister Shehbaz Sharif, met at the Ministry of National Food Security and Research on Friday to discuss the price…
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Rupee rallies on talk of foreign investment | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency strengthened by Rs0.09, closing at a nearly one-week high of Rs278.21 against the US dollar in the inter-bank market. This uptrend continued for the second consecutive day, buoyed by reports of progress in talks aimed at attracting multibillion-dollar foreign investments from friendly countries. The State Bank of Pakistan (SBP) reported…
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Traders demand new horticulture varieties | The Express Tribune
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[ad_1] KARACHI: The All Pakistan Fruit and Vegetable Exporters and Importers Association (APFVEA), while presenting budget proposals for fiscal year 2024-25, has stressed the need for introducing new varieties of horticulture through extensive research and development (R&D) work. Sharing details with The Express Tribune, APFVEA Patron-in-Chief Waheed Ahmed said new varieties should be developed for…
