Express
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Market mixed over amnesty scheme for industrialists | The Express Tribune
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[ad_1] KARACHI: The government’s decision to grant amnesty for industrial development has attracted mixed reactions. While some analysts have cheered the move, other expressed their reservations against it. The leadership has decided to promulgate an ordinance to offer a third…
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CPEC SEZs open to British investors | The Express Tribune
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[ad_1] ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir has said that investors from the United Kingdom have a great opportunity to invest in the China-Pakistan Economic Corridor (CPEC) Special Economic Zones (SEZs). In a meeting…
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$846m debt repayment suspended | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Saudi Arabia on Thursday signed agreements to freeze $846 million in debt repayment for up to six years under a G20 debt suspension initiative. Two agreements were signed by the Ministry of Economic Affairs and the…
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Foreign exchange: SBP reserves fall $344m to $16.46b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 2.05% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 25, the foreign currency reserves held by the…
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Market watch: Bourse ends flat in roller-coaster session | The Express Tribune
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[ad_1] KARACHI: Volatility prevailed at the Pakistan Stock Exchange on Thursday as the KSE-100 index endured a topsy-turvy session, ending the day with marginal gains. Investors took cue from the jump in global energy prices, which led to mixed trading….
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Oil prices inch closer to $120 as supply tightens | The Express Tribune
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[ad_1] LONDON: Benchmark Brent crude oil prices climbed close to $120 a barrel on Thursday, with Russian oil exports disrupted as traders try to avoid becoming entangled in sanctions. Support also came from US crude stockpiles at multi-year lows, helping…
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Pakistan, Uzbekistan to sign FTA | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100% aimed at giving a boost to the trade value that remains very thin…
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Pakistan, Uzbekistan to sign PTA | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100% aimed at giving a boost to the trade value that remains very thin…
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OGRA hikes gas price by up to 16.37% | The Express Tribune
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has increased the average prescribed price of gas by up to 16.37% besides curtailing new gas schemes and connections. In two separate decisions on the estimated revenue requirement (ERR) of public…
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Oil, gas demand remains robust | The Express Tribune
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[ad_1] KARACHI: Although the demand for petroleum products and gas remained robust in the domestic economy and households of Pakistan, the output of crude oil and gas from domestic fields has declined, enhancing the nation’s reliance on expensive imported fuels….
