Express
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Azerbaijan eager to promote bilateral trade | The Express Tribune
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[ad_1] LAHORE: Ambassador of Pakistan to Azerbaijan, Bilal Hayee, visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) regional office in Lahore on Monday and met with FPCCI President Irfan Iqbal Sheikh. The discussions focused primarily on enhancing…
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IMF seeks further power tariff hike | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan may have to further increase electricity prices and revise down its primary budget surplus of Rs417 billion for the first quarter after the International Monetary Fund (IMF) did not accept the government’s position on fiscal numbers and…
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PSX crosses 56,000 points as rupee continues downward trend | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed another milestone of 56,000 points to reach a new all-time high, extending the record-making spree on Monday. At the same time, the Pakistani rupee dropped to a six-week low of Rs288 against…
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Hajj Fund: enabling savings with economic development | The Express Tribune
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[ad_1] KARACHI: Hajj is the fifth pillar of Islam and is considered obligatory for every Muslim, once in a lifetime, who can afford expenses of the journey and has the required physical strength. Hajj is considered a physically and economically…
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Sometimes good economic news is bad | The Express Tribune
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[ad_1] KARACHI: Some recent numbers on Pakistan’s economy are seemingly showing promise. Yet, this phase of the economy carries a paradox; what appears as good news might also spell trouble. It’s crucial for policymakers to avoid the temptation of focusing…
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SBP injects huge amount into banking system | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank has injected a significantly large amount of Rs4.77 trillion into the banking system for up to four weeks to enable conventional and Shariah-compliant banks to meet the cash-strapped government’s financing needs. Market talk suggests that…
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Sri Lanka calls for revisiting FTA | The Express Tribune
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[ad_1] KARACHI: Consul General of Sri Lanka Jagath Abeywarna mentioned that despite 75 years of good diplomatic relations and a Free Trade Agreement (FTA) since 2005, Sri Lanka-Pakistan trade volume remains ‘insignificant’ at US $440 million due to certain barriers…
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Market watch: PSX hits new high, crosses 55k | The Express Tribune
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[ad_1] Pakistan Stock Exchange (PSX) on Friday skyrocketed to a new record high as it crossed the 55,000 milestone in the backdrop of technical review talks with the IMF and due to a reduction in bond yields and an increase…
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Online shopping on the ascendancy in Pakistan | The Express Tribune
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[ad_1] KARACHI: Online shopping has been on the rise in Pakistan since the pandemic with rising internet penetration and smartphone use along with a younger consumer base providing a boost to the rapidly evolving e-commerce industry. This was the consensus…
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Rupee shows resistance amid volatile market | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency, in a defiant stance, held its ground near the Rs287 mark against the US dollar in the interbank market on Friday, marking the fourteenth consecutive day of resisting a significant drop. According to State Bank…
