Tribune
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Govt mulls increasing import taxes | The Express Tribune
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[ad_1] ISLAMABAD: The government is considering options to once again increase import taxes on ‘luxury goods’ or make it more difficult to import cars under baggage or gift schemes in an effort to curb imports, which have started to rise…
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Business confidence plummets as default looms | The Express Tribune
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[ad_1] KARACHI: Despite the country securing external loan payback arrangements under the International Monetary Fund (IMF) loan program, the majority of businesses remain wary of the risks associated with defaulting on foreign debt repayments, according to a survey conducted by…
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Erdogan, policymakers to meet Putin in Russia | The Express Tribune
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[ad_1] ANKARA: Turkey’s top economic policymakers are visiting Russia for meetings on Monday, a source said, travelling along with President Tayyip Erdogan who will meet Kremlin Chief Vladimir Putin to discuss Black Sea grain exports. The source, a Turkish official…
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Pakistan is in a debt (death) trap | The Express Tribune
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[ad_1] KARACHI: During the last week the Pakistani Rupee achieved a historic first. It broke through the Rs300 barrier against the Dollar. Other firsts were also recorded: The price of petrol broke through the Rs300 per litre barrier. The cost…
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Time for caretakers to take care of rupee | The Express Tribune
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[ad_1] KARACHI: Enough is said about the consequences of Rs50 drop in the currency’s open market value in less than two months from Rs280 to Rs330 against king dollar. While a hurriedly conducted press conference was more of a message…
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Sweetener turns sour amid high prices | The Express Tribune
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[ad_1] RAWALPINDI/ PESHAWAR: As the prices of electricity and petrol escalate, consumers are now faced with another blow as the price of sugar experiences an unabated rise, feeding the black market amid reports of smuggling and hoarding. The continuous…
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Long-awaited rail track to ferry Thar coal okayed | The Express Tribune
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[ad_1] KARACHI: Against the backdrop of nationwide protests regarding soaring power bills and mounting tensions with a Chinese coal extraction partner in Thar, the federal government has delivered long-awaited approval for a critical infrastructure project. The project entails the construction…
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Govt urged to curb dollar outflow | The Express Tribune
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[ad_1] LAHORE: Businessmen have urged the government to control dollar flight besides bridging the gap between inter-bank and open market exchange rates. “A widening divide between inter-bank and open market dollar rates and an uncontrolled dollar flight are posing a…
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Oil storage, trade policy sparks controversy | The Express Tribune
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[ad_1] ISLAMABAD: Amidst protests from the oil industry, the government has officially released policy guidelines aimed at encouraging foreign suppliers to invest in the storage and trade of petroleum products, including crude oil. This move involves allowing foreign suppliers and…
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Cybercrime to cost Germany €206b in 2023 | The Express Tribune
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[ad_1] BERLIN: The theft of IT equipment and data, as well as digital and industrial espionage and sabotage, will cost Germany €206 billion ($224 billion) in 2023, German digital association Bitkom said on Friday. The damage will surpass the €200…
