Tribune
-
‘Tax flaws’ impede steel supply | The Express Tribune
.
[ad_1] KARACHI: Businessmen of the steel sector have lamented that they have been unable to send their products to the Gwadar Free Zone owing to flaws and complications in sales tax rules. “Steel industry of the country is unable to supply its product to the Gwadar Free Zone as well as Gwadar Airport and Gwadar…
-
5G spectrum auction expected next year | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan Telecommunication Authority (PTA) Chairman Major General (retd) Amir Azeem Bajwa has said the government has kicked off the auction process of the 5G spectrum on the recommendation of the advisory committee formed by the government. The process is expected to conclude by the end of this year or early next year…
-
Govt jacks up petroleum prices by up to Rs12.03 per litre | The Express Tribune
.
[ad_1] ISLAMABAD: The federal government has once again dropped “petrol bomb” on masses by increasing the prices of petroleum products by up to Rs12.03 per litre. With the latest hike, the prices of petroleum products have reached a historic high. New prices will be applicable from Tuesday midnight. The new fuel prices will remain applicable…
-
Market watch: Stocks rise as geopolitical dust settles | The Express Tribune
.
[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a topsy-turvy session on Tuesday, as the benchmark KSE-100 index after oscillating in a narrow range managed to post decent gains in the end. Anxious investors took a sigh of relief on news that Russian troops were pulled back from Ukraine’s border, which also eased the pressure on…
-
Oil drops from 7-year high | The Express Tribune
.
[ad_1] Oil dropped from a seven-year high to around $94 a barrel on Tuesday, pressured by a report that some troops in Russia’s military districts adjacent to Ukraine are returning to bases, a move that could de-escalate tension between Moscow and the West. Russia’s Interfax news agency cited the defence ministry as saying that while…
-
Domestic fuel prices to rise amid Russia-Ukraine crisis | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistanis may see another surge in fuel prices following fluctuations in global crude oil prices over the Russia-Ukraine crisis. Amid international tensions, global oil prices jumped from $85 per barrel to $94 per barrel. Crude oil peaked at $96.16 per barrel, the highest since October 2014, before settling down at a slightly lower…
-
Oil eases from seven-year highs | The Express Tribune
.
[ad_1] LONDON: Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to Russia that could alleviate tensions between the two countries that Western governments say are on the brink of war. Brent crude was down $0.6, or 0.6%, at $93.84 a barrel by 1440 GMT after…
-
Investment pouring into G-B due to CPEC | The Express Tribune
.
[ad_1] ISLAMABAD: The economic benefits of China-Pakistan Economic Corridor (CPEC) are beginning to emerge in a big way as overseas Pakistanis are pouring investment into Gilgit-Baltistan (G-B) to cash in on the lucrative opportunities in the untapped sectors, speakers said at a webinar. The webinar entitled ‘Roadshow Webinar, USA, Canada and European Countries’ and organised…
-
Germany to provide more assistance for social sector | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan and Germany are longstanding development partners and since 1961 the European nation has provided €3.8 billion as technical and financial assistance for socio-economic development, said Minister for Economic Affairs Omar Ayub. In a meeting with German Ministry for Economic Cooperation and Development State Secretary Jochen Flasbarth on Monday, he said that German…
-
Approval of SOE bill delayed | The Express Tribune
.
[ad_1] ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has deferred the approval of State-Owned Enterprises (SOE) and Fiscal Responsibility and Debt Limitation (FRDL) bills 2021 till February 16 for accommodating Public Procurement Regulatory Authority (PPRA) rules. In a meeting on Monday, the committee, headed by member National Assembly (MNA) Faizullah, discussed various…
