Business
September 11, 2024
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SCO trade ministers' meet today

ISLAMABAD: Pakistan is hosting the 23rd Meeting of Ministers of the Shanghai Cooperation Organization (SCO) Member States responsible for Foreign Economic and Trade Activities on Thursady, said an official handout. “This important event, where Ministers of SCO countries dealing with External Trade and Commerce would be representing their countries, will be chaired by Pakistan’s Commerce […]

Life Style
September 11, 2024
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Bear sneaks in Californian cabin, snacks on bottle of jelly

A representational image of two bears roaming in their natural habitat. — AFP/File A grizzly bear has been caught on video when it broke into a cabin in California and snacked on a bottle of jelly. The “burglar bear” was recorded through a security camera and the video was later shared by the cabin owner, […]

Business
September 11, 2024
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IMF pressure halts new EPZ plan

ISLAMABAD: The government on Wednesday withdrew a proposal to establish a new Export Processing Zone (EPZ) in Balochistan, complying with a condition set by the International Monetary Fund (IMF), highlighting the global lender’s growing influence over the country’s economic decision-making. The Ministry of Industry and Production had initially pushed for the creation of the EPZ […]

Business
September 11, 2024
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Deregulate sugar, wheat markets: FPCCI

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on Agriculture has recommended the government deregulate sugar and wheat markets, advocating for a free trade approach. This would allow price signals to reach stakeholders, encouraging investment, increasing competitiveness, and reducing distortions in local supply. FPCCI Chairman of the Agriculture Committee, Ahmad […]

Business
September 11, 2024
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Visa eyes 10-fold rise in Pakistani acceptance

KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining […]

Business
September 11, 2024
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PSX tumbles by 634 points on investor caution

KARACHI: The Pakistan Stock Exchange (PSX) experienced a sharp decline on Wednesday, with the KSE-100 index plummeting by 634.94 points amid growing political uncertainty and cautious investor activity ahead of the State Bank of Pakistan’s (SBP) upcoming policy announcement. The trading day started on a positive note, with the KSE-100 index hitting an intraday high […]

Business
September 11, 2024
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Govt withdraws Rs250 million infrastructure grant

ISLAMABAD: The federal government on Wednesday withdrew its decision to give a quarter of a billion rupees to a private foundation for an infrastructure project, which it had earlier allocated in a non-transparent manner while using the inflation-bitten taxpayers’ money. The government had allocated funds for The Noorani Foundation (TNF) without setting any criteria and […]

Business
September 11, 2024
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Power struggles in climate ministry

ISLAMABAD: The Ministry of Climate Change has become the centre of internal conflict over efforts to reinstate a senior official, Mujtaba Hussain, who was previously removed over corruption allegations. The power struggle within the ministry is reportedly driven by top political figures pushing for his return, despite ongoing investigations. Sources told The Express Tribune that […]

Business
September 11, 2024
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Visa targets ten-fold increase in digital payment acceptance across Pakistan

KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at streamlining remittances […]

Sports
September 11, 2024
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Korea star denies match-fixing charges | The Express Tribune

SUWON, SOUTH KOREA: South Korea World Cup player Son Jun-ho broke down in tears Wednesday as he denied match-fixing and accused China of blackmail after they banned him for life. Son, who played for Shandong Taishan in the Chinese Super League, was accused by the Chinese Football Association (CFA) of participating in match-fixing and was […]