local
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BRICS: India, Nigeria ditch US dollar, will trade in local currency
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[ad_1] Doubts in US dollar begin to seep in as new currency comes to the rescue. — Business Forward/File In a bid to counter the United States dollar’s supremacy, BRICS member countries India and Nigeria have agreed to trade in…
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Local production of electric bikes urged | The Express Tribune
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[ad_1] KARACHI: Bike assemblers and dealers are urging the government to formulate a policy on the localisation of Electric Vehicle (EV) motorbikes. They emphasise the need for attractive incentives to encourage e-bike companies to focus on “Make in Pakistan” electric…
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Auto show: Local hi-tech defence items shine | The Express Tribune
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[ad_1] KARACHI: The Expo Centre in Karachi welcomed a multitude of visitors as the Pakistan Auto Show 2023 commenced, with a surprising twist that saw locally-manufactured high-tech defence items and health tech products dominating the spotlight. Abdul Jabbar Khan, an…
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Time to increase returns for local USD holders | The Express Tribune
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[ad_1] KARACHI: A sigh of relief is being noticed among pundits. It is loud and clear that we don’t earn enough – in rupee (fiscal) and in USD (external debt) – to put the country on a sustainable recovery path….
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Gold price in Pakistan registers gains as local currency falls
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[ad_1] A sales assistant arranges gold bangles in a jewellery shop. — AFP/File Gold price in Pakistan on Monday witnessed an increase of more than Rs2,000 per tola as the local currency fell to Rs287.92 against the US dollar. According…
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Local, global solar market trends | The Express Tribune
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[ad_1] ISLAMABAD: There has always been a problem in Pakistan’s energy sector. Earlier, there were load-shedding issues due to generation capacity limitations. Now, there is capacity surplus causing circular debt. There is also higher fuel prices issue and lower transmission…
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Increase local production of edible oil: experts | The Express Tribune
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[ad_1] KARACHI: Pakistan’s agriculture sector is in urgent need of attention from the government to boost the local production of edible oil. The country’s annual import of edible oil stands at a staggering $4 billion, causing a significant drain on…
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Pak-China cooperation in sorghum can boost local economy | The Express Tribune
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[ad_1] BEIJING: Sorghum is an excellent source of food and feed and plenty of products can be made from it therefore, there are ample opportunities for the sorghum industry in Pakistan and help of China would definitely improve the local…
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Local company signs LNG agreement with Chinese firm | The Express Tribune
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[ad_1] ISLAMABAD: The transition to liquefied natural gas (LNG) from diesel and oil is the correct way forward for Pakistan in terms of making the shift to renewables, remarked Daewoo Gas Chief Executive Officer Shahid Karim. He was speaking during…
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Govt to probe local carmakers | The Express Tribune
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[ad_1] ISLAMABAD: Amid talk of malpractices behind the massive jump in car prices, the government has decided to probe carmakers for their alleged intention to plunder the consumers. In a meeting of the monitoring committee for the automobile industry on…
