Express
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FBR orders blocking SIM cards of over half-a-million non-filers | The Express Tribune
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[ad_1] ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) on Tuesday issued legally-binding instructions to the relevant departments to block mobile phone connections of over half-a-million non-filers, as its campaign to voluntarily register retailers also falls apart…
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Govt implements sweeping fiscal reforms to cut debt | The Express Tribune
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[ad_1] ISLAMABAD: The federal government, on Monday, notified new fiscal rules to reduce its debt servicing cost by gradually tapping into trillions of rupees of public money that ministries and departments have parked in commercial banks. The Ministry of Finance…
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Business confidence sees slight increase of 1.8% in April | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan’s (SBP) business confidence index (BCI) improved by 1.8% to a three-month high at 53.3 in April 2024, suggesting that the businesses’ trust lost in the past is gradually returning to normalcy in the…
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SBP holds key policy rate at 22% | The Express Tribune
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[ad_1] KARACHI: In line with market expectations, Pakistan’s central bank has left its key policy rate unchanged at a record high of 22% for the seventh consecutive time in the past 10 months, ahead of the IMF executive board’s final…
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The tale of two banks | The Express Tribune
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[ad_1] ISLAMABAD: “…….we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way – in short, the period was so far like the present period,” excerpt…
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EV dealers call for incentives | The Express Tribune
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[ad_1] KARACHI: Out of a total of 34 brands of Electric Vehicle (EV) two and three-wheelers, almost 20 have introduced newer models, catering to all age groups. Sales volumes have improved following a lacklustre period during Ramazan. The Engineering Development…
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Ethiopian envoy urges Pakistani banks to expand into Addis Ababa | The Express Tribune
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[ad_1] FAISALABAD: Ambassador of the Federal Democratic Republic of Ethiopia, Jemal Beker Abdula, has urged Pakistani banks to open branches in Addis Ababa for business transactions. Addressing the business community at the Faisalabad Chamber of Commerce & Industry (FCCI), he…
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PM purges FBR of corrupt officials | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Friday removed from the Federal Board of Revenue (FBR) 25 officers, who were in higher pay grades of 21 and 22, on the basis of the input from three intelligence agencies about their…
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Weekly inflation at new 7-month low | The Express Tribune
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[ad_1] KARACHI: The short-term inflation reading further decelerated by 1.10% in the week ended April 25, 2024 in the backdrop of a fall in prices of food items including tomato, onion and chicken, maintaining its downward streak for the second…
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Stocks post thin decline on profit-taking | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Thursday came under slightly downward pressure, sparked by institutional profit-taking in overbought stocks amid the ongoing corporate earnings season. In the morning, trading commenced on a positive note, reflecting the previous day’s growth…
