Tribune
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Beijing, Riyadh sign currency swap agreement | The Express Tribune
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[ad_1] BEIJING: The People’s Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks said on Monday, as bilateral relations continued to…
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80% glass bangle units shut down | The Express Tribune
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[ad_1] KARACHI: Around 80% of a total of 48 small and large units of glass bangle manufacturing in Hyderabad have been closed as the industry has been experiencing brutal effects of exorbitant gas tariffs coupled with high inflation. “If the…
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PM halts FBR restructuring plan | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Anwaarul Haq Kakar has not approved the restructuring plan of the Federal Board of Revenue (FBR) due to constitutional issues in setting up a National Tax Authority (NTA) and confusion over the mandate of the newly…
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Towards environmentally cleaner alternative fuels | The Express Tribune
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[ad_1] ISLAMABAD: Petrol, diesel, gas and liquefied petroleum gas (LPG) are widely known and used fuels. But there are other alternative fuels as well which can be used independently or can be mixed with the aforementioned fuels in various proportions….
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Redefining women’s wellness at EmpowerHer 2023 | The Express Tribune
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[ad_1] During the two-day workshop, participants noted that prevailing mindset can be changed through education and training to promote female empowerment. KARACHI: In a world brimming with medical and wellness experts, EmpowerHer 2023 emerged as a refreshing dawn on a…
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The fallacy of competitive energy rates | The Express Tribune
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[ad_1] While export subsidies may offer temporary relief to certain sectors, they come at a high fiscal and opportunity cost, distorting the economic landscape. photo: file ISLAMABAD: The interim government, in its recent policy move, opted to increase gas prices…
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PSX forecast to surge 30% by Dec 2024 | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index is projected to soar around 30% in the next 13 months to a record high at 75,000 points in December 2024, signalling share prices of top 100 companies will rise to…
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Govt debt may soar to Rs81.8tr | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has projected the federal government’s total debt obligations will skyrocket to Rs81.8 trillion by the end of this fiscal year while budget deficit and interest payment costs will exceed approved allocations. Due to…
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Empowering her enterprise | The Express Tribune
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[ad_1] PUBLISHED November 19, 2023 KARACHI: In the maze of Pakistan’s bustling marketplaces and quiet alleyways, a transformative story is unfolding—one written by the resilient hands of women entrepreneurs. In a nation where economic progress intertwines with societal norms, the…
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Pakistan needs $25b loans this FY: IMF | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has revised Pakistan’s foreign loan requirements to $25 billion for this fiscal year — reducing it by $3.4 billion — and also lowered the economic growth projection to just 2%, turning down the…
