Express
-
Fly Jinnah starts 4th international route | The Express Tribune
.
[ad_1] KARACHI: Fly Jinnah has announced the launch of its fourth international route, connecting Islamabad with Bahrain. The inaugural flight is scheduled for June 13th, and initial operations will consist of two weekly flights. The airline is also in the process of providing air services from five major cities in the country. The launch of…
-
Poland urges Pakistan to protect foreign investment | The Express Tribune
.
[ad_1] ISLAMABAD: Poland’s Ambassador Maciej Pisarkski on Thursday urged Pakistan to take immediate steps for making the life of foreign investors easier, who are badly suffering because of delay in payment of their dues and difficulties in keeping their machinery functioning. The ambassador made the remarks at a time when Pakistani authorities were trying to…
-
‘Pakistan to be among world’s top 10 economies by 2047’ | The Express Tribune
.
[ad_1] ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal on Thursday said that by 2047, Pakistan would be included amongst the top 10 economies in the world. “By working hard, we can bring Pakistan to the top 10 economies of the world by 2047 and for this, we have to silence negative voices,”…
-
Pakistan’s debt soars to record Rs81tr | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan’s total debt and liabilities increased at a double-digit pace to a new record of nearly Rs81 trillion during the past year, as the country grapples with finding new sources of financing to meet its growing debt servicing needs due to junk credit ratings. According to the State Bank of Pakistan (SBP), Pakistan’s…
-
Petrol price slashed by Rs15.39, HSD by Rs7.88 | The Express Tribune
.
[ad_1] The government slashed fuel prices on Wednesday, effective from May 16 (Thursday), in line with the recommendations of the Oil and Gas Regulatory Authority (OGRA), according to a notification issued by the finance ministry. The ministry notified the new reduced prices of petrol and diesel for the next fortnight. According to the ministry, the…
-
PSX continues record breaking streak, crosses 75,000 points | The Express Tribune
.
[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed the 75,000 points mark for the first time on Wednesday after the global index provider MSCI upgraded PSX’s status with the addition of one new company to its mainstream Frontier Market Index. The benchmark KSE-100 Index hit a new record high at 75,115 points, adding 0.78% or…
-
Minister unveils Sindh’s industrial expansion plan | The Express Tribune
.
[ad_1] KARACHI: Sindh Minister for Industries and Commerce, Jam Ikramullah Dharejo, announced that the Sindh government is planning to establish new industrial zones across the province, primarily in Karachi, as part of a new industrialisation policy. The aim is to attract both local and foreign investors and businessmen to boost economic activities throughout the province.…
-
IHC stays govt’s plan to block SIMs of non-filers till May 27 | The Express Tribune
.
[ad_1] ISLAMABAD: The Islamabad High Court (IHC) issued a stay order till May 27 on Tuesday preventing the government from blocking mobile phone SIMs of tax non-filers. Chief Justice Aamer Farooq led the proceedings of the petition filed by a private mobile company. Last week, the telecom operators after several deliberations with the Federal Board…
-
Ministries clash on SOE privatisation | The Express Tribune
.
[ad_1] ISLAMABAD: The fate of 40 state-owned enterprises (SOEs) deemed strategic and essential by respective ministries but not accepted as such by Deputy Prime Minister Ishaq Dar remained undecided after Finance Minister Muhammad Aurangzeb chaired a cabinet committee meeting on Monday. The Cabinet Committee on State-Owned Enterprises (CCoSOEs) refrained from confirming the classification of these…
-
FBR proposes charging non-filers Rs90 out of every Rs100 mobile recharge | The Express Tribune
.
[ad_1] ISLAMABAD: In a bid to bolster tax revenues and broaden the nation’s tax base, the Federal Board of Revenue (FBR) has proposed a bold new initiative targeting non-filers. Under the initiative, the FBR plans to implement a substantial increase in withholding tax, hiking it from 2.5 per cent to a staggering 90 per cent…
