growth
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Abu Dhabi-owned firm eyes growth | The Express Tribune
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[ad_1] SAO PAULO: Abu Dhabi-controlled fresh food producer Unifrutti is expanding its footprint in Latin America with two acquisitions in Peru, building on a previous purchase in the region as the firm eyes continued growth in the fruit market. The company has reached a deal to buy both AvoAmerica Peru and Bomarea from US-based Solum…
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Govt restructures gas priority for industrial growth | The Express Tribune
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[ad_1] ISLAMABAD: The caretaker government has decided to change the gas priority order by placing the process industry at the top along with domestic consumers. It has also changed the priority order of the fertiliser sector by placing it in the second category along with the power sector. Earlier, the fertiliser industry was placed in…
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S&P 500 earnings growth seen at 9% | The Express Tribune
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[ad_1] NEW YORK: With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500, tab earnings growth is now seen at 9.0%, almost double a Jan 1 forecast for 4.7% growth, according to LSEG data on Friday. About 81% of reports are beating analysts’ expectations, compared with an average of 76% in the previous…
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PBF urges use of AI for agricultural growth | The Express Tribune
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[ad_1] ISLAMABAD: Vice President of the Pakistan Business Forum (PBF), Chaudhry Ahmad Jawad, on Saturday, highlighted the urgent requirement for a consistent 5% annual growth in the country’s agriculture sector, supported by AI integration. In a meeting with Atif Ikram, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Jawad stressed the…
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Seniors Americans over 75 lead workforce growth with longer hours and higher pay
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[ad_1] An elderly man is seen working. — Representational image from Unsplash. Ever wondered about the future of work as you age? Brace yourself, because seniors over 75 are spearheading a workforce revolution, clocking longer hours and enjoying higher pay than ever before. Have you noticed a shift in the workplace landscape? Recent research unveils…
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SBP report keeps GDP growth projection at 2-3% | The Express Tribune
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[ad_1] KARACHI: The economic landscape of Pakistan has faced unprecedented challenges throughout fiscal year 2022-23, as outlined in the ‘Governor’s Annual Report 2022-23’ presented by the State Bank of Pakistan’s (SBP) Governor, Jameel Ahmad, on Friday. The comprehensive report not only delves into the challenges faced by the country but also lays out strategies to…
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A decade of unprecedented growth in fintech landscape | The Express Tribune
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[ad_1] KARACHI: The landscape of Pakistan’s fintech industry is undergoing a transformation, with local entrepreneurs urged to build their own payment rails rather than relying on international giants like PayPal and Stripe. CEO of Dukan and Chairman of Rozee, Monis Rahman, advocates for independence, stating, “We have the talent and ability today to build our…
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The dream of 200% growth in textile exports | The Express Tribune
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[ad_1] KARACHI: Pakistan continues to grapple with the challenge of weak exports. This has had an adverse impact on the nation’s trade balance, current account, and foreign exchange reserves. The modest scale and sluggish growth of exports are major factors driving the country to frequently seek International Monetary Fund (IMF) bailouts. Pakistan’s export profile is…
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PSX eyes 32% growth by Dec 2024 | The Express Tribune
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[ad_1] KARACHI: Taking cues from political stability and economic turnaround, the Pakistan Stock Exchange (PSX) is projected to grow by 32% over the next 13-months, reaching 81,000 points in December 2024. In its annual report titled ‘Pakistan Strategy 2024 – Targeting 81,000; Resilience and Redefined,’ Arif Habib Limited stated that robust earnings growth reported by…
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Troubled LSM industry records modest growth | The Express Tribune
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[ad_1] ISLAMABAD: The output of big industries marginally increased by less than 1% during the first quarter of this fiscal year, as the industrial sector continuously suffered from high-interest rates and overall unfavourable business conditions. The Pakistan Bureau of Statistics (PBS) on Wednesday released figures for Large-Scale Manufacturing (LSM) industries that also showed that the…
