Business News
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Cheaper Chinese EVs dominate world markets | The Express Tribune
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[ad_1] KARACHI: Chinese electric vehicles (EV) are gaining immense popularity throughout the world because of their cheaper rates and amusing features, flooding and astonishing the US and European markets despite tough competition with local industries in the West. China has knuckled down to do far more work on research and development with a view to…
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Americans lose thousands of dollars to crypto scammers
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[ad_1] This illustration photograph taken on July 19, 2021 in Istanbul shows a physical banknote and coin imitations of the Bitcoin cryptocurrency.— AFP All of us face cons every other day, especially in connection with our finances. However, the riskiest type of scams are those that take place in the world of cryptocurrency and investment,…
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Australia’s cypto experts decode secret to Bitcoin unexpected rise
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[ad_1] Several cryptocurrencies can be seen in this photo. — AFP File The value of the digital currency Bitcoin has hit an all-time high in its 15-year history. The cryptocurrency enthusiasts of Australia said that the current spike in Bitcoin value is like stepping into a “brand new world” for cryptocurrencies, according to experts. The…
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Govt mulls help to expand tax base | The Express Tribune
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[ad_1] ISLAMABAD: As the number of active taxpayers further shrinks to 3.4 million, down 41% over the previous year, the government is considering seeking financial assistance from the Bill and Melinda Gates Foundation to improve digital services in the Federal Board of Revenue (FBR). Compared to a week ago, the names of about 500,000 people…
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Abu Dhabi-owned firm eyes growth | The Express Tribune
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[ad_1] SAO PAULO: Abu Dhabi-controlled fresh food producer Unifrutti is expanding its footprint in Latin America with two acquisitions in Peru, building on a previous purchase in the region as the firm eyes continued growth in the fruit market. The company has reached a deal to buy both AvoAmerica Peru and Bomarea from US-based Solum…
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‘China’s opening conducive to foreign businesses’ | The Express Tribune
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[ad_1] BEIJING: “China aims to facilitate easier access to work, study and travel for foreign nationals in the country. Its commitment to a wider opening and promoting mutual benefits creates a conducive environment for foreign businesses to thrive,” remarked Dr Abid Qaiyum Suleri, Executive Director of the Sustainable Development Policy Institute (SDPI). “The well-developed infrastructure…
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No gas supply for 6 hours tomorrow: SSGC
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[ad_1] Flames come out of a domestic gas ring of an oven. — AFP/File Sui Southern Gas Company Limited (SSGCL) Saturday announced that parts of Balochistan would experience a six-hour gas load-shedding on Sunday due to repair work on a pipeline. In a statement, the SSGCL said that gas supply to Quetta, Mastung, Kalat, Kuchlak,…
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Sindh planning to build 250,000 houses with ADB’s support
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[ad_1] The Asian Development Bank. — AFP/File KARACHI: In a bid to facilitate the flood victims, the Sindh government has sought the Asian Development Bank’s (ADB) support to build 250,000 housing units. The development came during a meeting between a delegation of the ADB led by Hong Soo Lee and Sindh Chief Minister Syed Murad…
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KE says 71% of network maintained uninterrupted power supply
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[ad_1] K-Electric logo. — APP File In quarterly review report, K-Electric, stated that 71% of its network of over 2,000 feeders across Karachi remained loadshedding-free from December 2023 to March 2024. “There is no significant change in loadshedding for KE’s service territory as per the quarterly review of the company’s network of over 2,000 feeders.…
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SNGPL unveils gas supply schedule for Ramadan
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[ad_1] Flames come out of a domestic gas ring of an oven. — AFP/File LAHORE: As the holy month of Ramadan closes in, the Sui Northern Gas Pipelines Limited (SNGPL) has announced a schedule for gas supply for the blessed period, starting Tuesday, March 12. As per the schedule, gas will be supplied from 2:30am…
