Business News
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‘Choose growth in 5G spectrum auction’ | The Express Tribune
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[ad_1] KARACHI: The Ministry of IT and Telecom has been committed to ensuring that the spectrum policy supports the versatile requirements of the growing Pakistani economy – from small businesses to freelancers; the internet is the engine that makes the world go round, says Parvez Iftikhar, a consultant for the Asian Development Bank and the…
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Americans would dominate board of new TikTok US entity
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[ad_1] TikTok logo is placed on a US flag in this illustration taken on April 25, 2024. — Reuters A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday. “There will be seven…
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EU, Pakistan plan to revive business forum | The Express Tribune
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[ad_1] ISLAMABAD: The European Union has planned to fully revive and activate the EU-Pakistan Business Forum, with a meeting planned for the first half of next year, which will serve as a catalyst for enhanced economic cooperation. Newly appointed EU Ambassador Raimundas Karoblis stated this in a meeting with Federal Minister for Finance Muhammad Aurangzeb…
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PIA posts ‘highest’ half-year pre-tax profit in nearly two decades
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[ad_1] iew of a Pakistan International Airlines (PIA) passenger plane. — APP/File KARACHI: Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, its highest in nearly two decades, a company source said. PIA, part of PIA Holding Company, recorded a pre-tax profit of Rs11.5 billion in the six months to…
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Floods to famine: how 2025 could trigger economic crisis | The Express Tribune
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[ad_1] LAHORE: Pakistan is staring down the barrel of a food security emergency that could ripple through every layer of its economy. The catastrophic monsoon floods of 2025 have submerged vast swathes of the country, from Punjab’s wheat belt to Sindh’s rice-growing districts and parts of Khyber-Pakhtunkhwa. Over 2,000 villages have been inundated, displacing millions,…
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China, India among nations targeted as US expands trade blacklist
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[ad_1] The People’s Republic of China flag and the US flag fly on a lamp post along Pennsylvania Avenue near the US Capitol in Washington. —Reuters/File The United States on Friday placed 32 companies and organisations — including firms in India, Iran, Turkey and the United Arab Emirates — on its trade blacklist, according to…
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Gold holds steady at peak, rupee rises for 24th session | The Express Tribune
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[ad_1] KARACHI: Gold prices in Pakistan remained unchanged at Rs388,100 per tola on Wednesday, a day after hitting an all-time high, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 10-gram gold also held steady at Rs332,733. In the international market too, gold remained steady at $3,654 per ounce, hovering…
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Flood-hit India, Pakistan face rising basmati prices amid crop losses
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[ad_1] This aerial photograph shows houses submerged with floodwater at Chak Ali Sher village in Wazirabad district of Punjab province, on August 28, 2025. — AFP Torrential rains and extensive flooding in basmati-producing regions of India and Pakistan have sparked concerns over reduced output of the premium grain, pushing prices upward amid expectations of tighter…
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Fabric, yarn excellence showcased in Shanghai | The Express Tribune
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[ad_1] With an eye on expanding its footprint in the global textile market, Pakistan marked a strong presence at Intertextile Shanghai Apparel Fabrics and Yarn Expo Autumn 2025. Featuring 10 exhibitors, including participants under the Pakistan Pavilion supported by TDAP, the country highlighted its excellence in fabric and yarn production before a diverse international audience.…
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Trump finalises Japan tariff cuts, retroactive to August 7
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[ad_1] Vehicles are lined up at a vehicle storage yard at an industrial port in Yokohama, near Tokyo, Japan, July 23, 2025. — Reuters US President Donald Trump signed an order on Thursday to implement the lower tariffs on Japanese automobile imports and other products that were announced in July. Formalising the agreement between the…
