Pakistan
-
Pakistan receives $500m from China’s ICBC bank | The Express Tribune
.
[ad_1] KARACHI: Pakistan has received a loan tranche from China of $500 million that will help the country shore up its depleting foreign exchange reserves as the government battles an ongoing economic crisis. Finance Minister Ishaq Dar confirmed the receipt of the $500m by the State Bank of Pakistan from the Chinese Industrial and Commercial…
-
Gold price surges by Rs1,100 per tola in Pakistan
.
[ad_1] An undated image of gold bars. — AFP/File Gold prices in Pakistan continued to extend gains on Thursday as the per-tola rate rose by over Rs1,000 in line with the international market as rising inflation boosts its appeal. According to data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats)…
-
Pakistan business delegation to participate in Bangladesh Business Summit
.
[ad_1] The Bangladesh Business Summit will be inaugurated by Prime Minister Sheikh Hasina on March 11, 2023. Twitter/marco4gione DHAKA: A 46-member business delegation from Pakistan, organized by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), is expected to participate in the three-day “Bangladesh Business Summit” in Dhaka from 11-13 March 2023. The delegation…
-
Afghan coal exports to Pakistan ‘doubled’ | The Express Tribune
.
[ad_1] TORKHAM: According to a 2022 report by research group XCEPT, coal exports to Pakistan likely doubled under the Taliban government and earned Afghanistan $160 million in tax – three times what the previous administration was capable of. Pakistan has been hammered by the global energy crisis caused by the war in Ukraine at a…
-
Pakistan, China sign agri-cooperation DoU | The Express Tribune
.
[ad_1] ISLAMABAD: In a move to promote strategic cooperation between China and Pakistan in industry-university research on modern agriculture, documents of understanding (DoU) were signed by the National University of Sciences and Technology (NUST), Weifang Engineering Vocational College, Qingzhou Municipal Government and Weifang National Comprehensive Pilot Agriculture Zone at Weifang last week. The four sides…
-
Does international financing truly benefit Pakistan? | The Express Tribune
.
[ad_1] ISLAMABAD: International Financial Institutions (IFIs) never shy away from dictating terms that enable them to skilfully debt trap vulnerable economies – all under the guise of reforms and financial assistance. IFIs use local and international consultants to lure countries into following IFI prescriptions to achieve ‘sustainable development’. Once a country is trapped in its…
-
Gold price falls to Rs200,000 per tola in Pakistan
.
[ad_1] An undated image of gold jewellery displayed at a store. — AFP Gold rate fell for the second consecutive trading session in Pakistan on Saturday in hopes of further recovery of the local currency against the US dollar — which gained over 2% in the last session. According to All-Pakistan Sarafa Gems and Jewellers…
-
Atlas Honda bike price in Pakistan: Company once again jacks up motorcycle rates
.
[ad_1] An undated image of Honda Atlas’s CB200X. — Twitter/@honda2wheelerin For the third time in 2023, the biggest player in the two-wheeler segment in Pakistan — Atlas Honda — once again notified an increase in the price of its motorcycles. With the recent increase, the bikes have been made costlier by Rs7,000-25,000. The company has been…
-
Pakistan receives $500mn from Chinese bank
.
[ad_1] A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFP In a boost to the depleting foreign exchange reserves, cash-strapped Pakistan has received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC), Federal Minister for Finance and Revenue Ishaq Dar confirmed…
-
Gold rate falls in Pakistan on rupee’s recovery
.
[ad_1] A representational image of gold jewellery. — AFP/File Gold rate plunged Friday following a handsome recovery of the Pakistani rupee against the US dollar, prompting investors to rethink their strategy about shifting towards the safe-haven metal. Data from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the prices of gold (24 carats)…
