Business News
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CPEC-II: action, not rhetoric, will deliver | The Express Tribune
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[ad_1] ISLAMABAD: A few days ago, Prime Minister Shehbaz Sharif met with President Xi Jinping, with China-Pakistan Economic Corridor (CPEC) high on the agenda. The leaders agreed that, building on past successes, it was time to give new momentum to CPEC’s implementation. Both sides decided to accelerate work on the second phase and align CPEC,…
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US to slap 100% tariffs on Chinese goods as trade war flares anew
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[ad_1] US President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. — Reuters China will slap port fees on US-owned, operated, built, or flagged vessels on Tuesday as a countermeasure to US port fees on China-linked ships…
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Tribunal to rehear sugar mills’ cartel case | The Express Tribune
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[ad_1] ISLAMABAD: Sugar millers have once again come under scrutiny over cartelisation as the Supreme Court has sent the case back to the Competition Appellate Tribunal (CAT) for fresh proceedings. Earlier, the millers had filed an appeal in the Supreme Court of Pakistan against a CAT judgement. The Supreme Court has sent the long-running sugar…
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Profit-taking hits bourse after record high
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[ad_1] Broker is busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Tuesday, July 1, 2025. — PPI The stock market began the week on a cautious note on Monday, with investors locking in gains from last week’s record-breaking surge as renewed worries over revenue shortfalls and a widening trade gap tempered sentiment.…
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‘President’s rulings on banking appeals final’ | The Express Tribune
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[ad_1] KARACHI: Legal Adviser to the President of Pakistan Justice (Retd) Irfan Qadir has said that the president’s decision on appeals against rulings of the Banking Mohtasib (Ombudsman) holds great importance. “Banks can appeal to the president against the ombudsman’s decision,” he said while addressing a conference on Saturday, marking the completion of 20 years…
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Elon Musk halfway to becoming world’s first trillionaire
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[ad_1] Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. — Reuters Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported Wednesday. The Tesla and SpaceX CEO became the first person to achieve a…
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Pak-China update: Pakistan targets 10,000 tonnes sesame exports to China in 2025 | The Express Tribune
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[ad_1] Pakistan is working to achieve an export target of 10,000 metric tonnes of sesame seeds to China in 2025 under agricultural cooperation initiatives linked to the China-Pakistan Economic Corridor. Officials and industry representatives say the effort is supported by contract farming projects, technology transfer, and infrastructure improvements being carried out with Chinese assistance. China…
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Rs50 per litre hike in milk price demanded by Karachi farmers
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[ad_1] A dairy farmer pours milk in a steel drum. — PPI/File KARACHI: Dairy farmers in Karachi urged the government to approve a Rs50 per litre hike in milk price, citing heavy losses caused by recent floods. Addressing a press conference at the Karachi Press Club, Dairy Farmers Association leaders said recent floods had severely…
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Business forum urges reset in Pak-US ties | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan Business Forum (PBF) welcomed the high-level meeting between Prime Minister Shehbaz Sharif, Field Marshal Syed Asim Munir, and US President Donald Trump in Washington, calling it a timely step toward redefining ties. According to the PBF, the engagement marked a pivotal moment as both sides showed intent to move beyond past…
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PIA obtains TCO certificate, set to resume UK flights next month
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[ad_1] A Pakistan International Airlines (PIA) plane prepares to take-off at Alama Iqbal International Airport in Lahore February 1, 2012. — Reuters Pakistan International Airlines (PIA) announced on Wednesday that it has secured Third Country Operator (TCO) certification from UK authorities, clearing the way for the carrier to resume flights to Britain as early as…