22 Dec, 2023
4 mins read

Candidates race to file nomination papers as deadline approaches – Pakistan

• Latif Khosa, Liaquat Baloch, Sadiq Sanjrani among prominent politicians to submit papers• Ishaq Dar urges electoral watchdog to extend deadline for two days LAHORE: Several candidates, both backed by political parties and the independent ones, submitted their nomination papers on Thursday for the coming general elections, scheduled for Feb 8. The process to receive […]

2 mins read

Expensive gas hits textile exports – Business

KARACHI: High gas prices appeared to have made textile exports uncompetitive on the world market resulting in an eight per cent month-on-month and 7pc year-on-year decline to $1.3 billion in November. In rupee terms, the country’s textile exports clocked in at Rs376bn, down by 7pc month-on-month but rose 19pc year-on-year owing to rupee depreciation against […]

4 mins read

Exim Bank begins journey to foster exports, says Shamshad Akhtar – Business

ISLAMABAD: While launching the Exim Bank of Pakistan (EBP), Caretaker Finance Minister Dr Sha­mshad Akhtar on Thursday ann­o­un­ced the export fin­ance schemes (EFSs) would stand transferred to the new institution after being pha­sed out from the State Bank of Pak­istan (SBP) because of legal compulsions. The minister said EFSs were being phased out from the […]