Express
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Karachi remains on radar of investors: CM | The Express Tribune
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[ad_1] KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that Karachi is an economic hub of the country and his government will not allow terrorists, anti-state and anti-social elements to destroy peace in the city, which has been achieved at a heavy price. โThe attack on Chinese teachers and the blast in Saddar…
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LNG price increased by 40% | The Express Tribune
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has notified 40% increase in the price of re-gasified liquefied natural gas (RLNG) for the consumers of public gas utilities for May 2022 as compared with the previous month of April. According to a notification issued on Friday, the government has fixed the RLNG price at…
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LSM sector grows 10.4% in Jul-Mar | The Express Tribune
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[ad_1] ISLAMABAD: Big industries grew 10.4% during the first nine months of current fiscal year on the back of a low base effect and better output in sugar and apparel sectors, increasing prospects of achieving around 5% overall economic growth in this fiscal year. Large-scale manufacturing (LSM) industries recorded 10.4% growth during July-March of the…
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Market watch: Stocks surge on remittances data | The Express Tribune
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[ad_1] KARACHI: Bulls held their ground at the Pakistan Stock Exchange on Friday, as the benchmark KSE-100 index staged a handsome rally of 588 points to end the week on a positive note. The news flow of record remittances, touching $3.13 billion in April 2022 rejuvenated investors interest, as they were continuously looking for positivity…
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‘Dollar to fall after coming out of clutches of PTI-IMF deal’ | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Miftah Ismail has held previous PTI-led government responsible for the current economic crisis in the country, saying that former prime minister Imran Khan-led regimeโs โflawed agreementโ with the International Monetary Fund (IMF) led to a rise in inflation and depreciation of rupee against US dollar. โIf we get out of the…
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Rupee continues to sink against USD, hits historic low of 193 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee continued its nosedive against the US dollar on Friday, for the fifth consecutive working day, as it declined by 0.64% (Rs1.23) to a new historical low, reaching Rs193 against the greenback in the inter-bank market. The domestic currency had closed at Rs191.77 against the global currency a day earlier, according…
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ADB hints at providing $2.5 billion loan to Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: The Asian Development Bank (ADB) on Thursday indicated providing $2.5 billion in additional loans to Pakistan, including $1.5 billion before end of year, but the government will have to secure a good economic health certificate from the International Monetary Fund (IMF). โThe ADB indicated the additional support of $2.5 billion for the next…









