Express
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Other biogas uses: fertiliser and cold chain | The Express Tribune
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[ad_1] ISLAMABAD: Biogas is a simple solution. Normally, simple solutions are undervalued and much attention is not paid to them. We have been discussing biogas in the context of energy only, as cooking or transport fuel. There are, however, other benefits of biogas in terms of its byproducts. As we will see in the case…
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Retail sector to set up outlets abroad | The Express Tribune
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[ad_1] LAHORE: Welcoming the organised retail sector’s endeavours to expand in the international arena, caretaker Federal Minister of Industries and Production Gohar Ejaz has assured them of maximum policy support as the sector plans to boost exports through e-commerce and setting up outlets abroad. In a meeting with a high-level delegation of the Chainstore Association…
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Partnership with global businesses sought | The Express Tribune
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[ad_1] NEW YORK: Caretaker Foreign Minister Jalil Abbas Jilani has reaffirmed the government’s commitment to fostering partnerships with the global business and industrial community during his interaction with a group of US business leaders at the Business Council for International Understanding (BCIU). The foreign minister highlighted the resilience of Pakistan’s market despite formidable challenges in…
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Govt urged to renegotiate capacity charges | The Express Tribune
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[ad_1] LAHORE: As Pakistani households and businesses are facing mounting power tariffs, the government should renegotiate capacity charges, put a halt to sales tax collection and reduce the ratio of taxes in electricity bills, a businessmen group demanded. Speaking at a press conference, Pakistan Business Forum (PBF)’s Punjab Chairman Muhammad Naseer Malik said that the…
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Masses can expect ‘positive news’ about petrol price soon: Ejaz | The Express Tribune
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[ad_1] As the Pakistani rupee continues to gain ground against the US dollar, Caretaker Federal Minister for Commerce, Industries, and Production Gohar Ejaz on Saturday said that the masses can expect some “positive news” regarding the petrol prices. The domestic currency has shown a remarkable recovery in the past 12 consecutive working days, surging nearly…
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Nepra approves Rs3.28/unit hike | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has granted approval for an increase in electricity rates of up to Rs3.28 per unit, leading to an additional burden of Rs135.5 billion on power consumers. This increase comes as part of the quarterly adjustments. Until now, consumers were paying an additional Rs1.25 per unit due…
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Forex reserves rise by $56.4m to $7.7b | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) has reported a 0.74% increase in its foreign exchange reserves on a week-on-week basis, with the total now standing at $7.7 billion. According to data released by the central bank on Thursday, its foreign currency reserves increased by $56.4 million and reached $7,695.3 million in the week…
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SBP brings incentives to attract remittances | The Express Tribune
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[ad_1] KARACHI: The central bank has announced new incentives effective from June 1, 2023 to encourage banks and authorised exchange companies to attract additional remittances from overseas Pakistanis, which is expected to stabilise and give a fresh boost to inflows. In a circular sent to all authorised foreign exchange dealers (mostly commercial banks), microfinance banks…
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Carateker govt sees dollar at Rs260 soon | The Express Tribune
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[ad_1] LAHORE: Amid the rising value of the local currency, Caretaker Minister for Commerce Industries and Production, Gohar Ejaz, anticipated a decline in the value of the US dollar against the Pakistani rupee. He made the prediction during a joint press conference held in Lahore, accompanied by Energy Minister Muhammad Ali. Ejaz underscored the interim…
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Tax the rich to protect the poor, IMF chief tells Pakistan | The Express Tribune
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[ad_1] International Monetary Fund (IMF) Managing Director Kristalina Georgieva has advised Pakistan to tax the wealthy and protect the poor. Speaking to a Pakistani private media channel after her meeting with Interim Prime Minister Anwaarul Haq Kakar on the sidelines of the United Nations General Assembly (UNGA) on Thursday, Georgieva said “what we are asking…
