Tribune
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LCs major hurdle in completing internet projects | The Express Tribune
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[ad_1] ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication on Monday was informed that 1.5 million new internet connections were being provided every month, but the non-opening of letters of credit (LCs) were creating problems. The information technology…
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Rupee downfall: Pakistani currency endured historic lows in 2022 | The Express Tribune
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[ad_1] ISLAMABAD: As the bells for another new year are tolling, the country’s crippled economy will be hobbling into 2023 with a humiliating record of the downward spiral of rupees vis-à-vis the US dollar. With the government struggling with high…
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Pakistan-Uzbekistan PTA to take effect in Feb | The Express Tribune
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[ad_1] ISLAMABAD: Amid issues being faced in Afghanistan by both sides, Pakistan and Uzbekistan signed an agreement on Monday to implement the Pakistan-Uzbekistan Preferential Trade Agreement (PTA), which would take effect from February 1, 2023, aimed at enhancing the trade…
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Rupee bears the brunt of political clamour | The Express Tribune
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[ad_1] KARACHI: The ongoing political drama is putting too much pressure on the Pakistani rupee against the US dollar, while the smuggling of dollars to Afghanistan and the Russia- Ukraine conflict have added to the currency’s woes. Addressing a press…
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Bourse rallies, led by E&P stocks | The Express Tribune
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[ad_1] KARACHI: Pakistan’s stock market made a handsome recovery on Monday following previous week’s battering as government’s move to rein in the growing circular debt and a slight easing of political noise sparked optimism among investors. Market players welcomed the…
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Privatisation of power distribution companies-I | The Express Tribune
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[ad_1] ISLAMABAD: DISCOs (distribution companies) in the power sector have been a constant source of worries for successive governments in Pakistan. Losses, leakages, receivables, supply quality and discontinuities, and now the rising circular debt for which DISCOs are only partly…
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Horticulture: an obvious solution | The Express Tribune
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[ad_1] Food security is frequently defined in terms of food availability, but it has four fundamental components: food availability, access, utilisation and stability. Food security refers to the condition in which the entire population has continuous economic, social and physical…
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Vision 2030: how far has Saudi Arabia come? | The Express Tribune
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[ad_1] ISLAMABAD: The world is rapidly transforming in the 21st century where the rise of new variables continues to intensify political, economic and social divisions. At the same time, as a consequence of economic globalisation, the world has become more…
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Deadline to sell stake in Caixabank extended | The Express Tribune
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[ad_1] MADRID: The Spanish government has extended the deadline to sell its 17.3% stake in Caixabank, worth some 5 billion euros ($5.3 billion) at current market prices, by two years to the end of 2025, saying it aimed to get…
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Exports touch $30b for the first time in history: Alvi | The Express Tribune
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[ad_1] KARACHI: President Dr Arif Alvi, on Saturday, lauded the business community for hitting the $30 billion mark in exports this year despite the prevailing economic conditions. “It is encouraging that despite the challenges, Pakistan’s exports for the first time…
