Business News
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Advisory Issued Regarding ATM Closures and Misleading Information About Online Banking | The Express Tribune
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[ad_1] Listen to article PAKISTAN: False information circulating on social media about cyberattacks and ATM closures has been refuted by he National Computer Emergency Response Team (nCert) An advisory issued by nCert, in consultation with the State Bank and other stakeholders, confirmed…
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Pakistan’s oil output drops by 25% in 10 years: PPIS | The Express Tribune
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[ad_1] Listen to article Crude oil production in Pakistan decreased from 94,500 barrels per day in 2015 to 70,500 barrels per day in 2024, according to the Pakistan Petroleum Information Service (PPIS). Gas production also saw a significant decline, dropping by 900…
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X closing operations in Brazil due to ‘censorship orders’ from judge
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[ad_1] The logo of X, formerly Twitter, can be seen on top of a building in this undated image. — X/File Media platform X on Saturday announced it would immediately cease operations in Brazil, citing what it described as “censorship…
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Ex-minister questions power tariff hike | The Express Tribune
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[ad_1] Former caretaker commerce minister Dr Gohar Ejaz has raised concerns about the steep rise in electricity bills, questioning how the cost per unit has reached as high as Rs80 when the production cost in July was only Rs9 per…
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From replicas to global dominator | The Express Tribune
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[ad_1] KARACHI: The Chinese automobile industry has been surpassing global market leaders in terms of cost, features, durability, and comfort. According to well-placed sources, Japanese and European companies, which set up plants in China four decades ago, are now wrapping…
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Sindh govt pushed for electricity price cut in line with Punjab | The Express Tribune
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[ad_1] Listen to article Sindh Governor Kamran Tessori has announced that he will write a letter to the provincial government, urging them to reduce electricity costs in Sindh, similar to the relief provided in Punjab. During a press conference in Karachi, Tessori…
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Is government charging Rs80 per unit for electricity produced at Rs9? | The Express Tribune
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[ad_1] Listen to article Former caretaker Minister of Commerce, Dr Gohar Ejaz, has raised concerns about the steep rise in electricity bills, questioning how the cost per unit has reached as high as Rs80 when the production cost in July was only…
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Fuel price adjustment mechanism recommended for gas bills in Pakistan | The Express Tribune
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[ad_1] A committee tasked with addressing issues in the petroleum sector has recommended introducing a fuel price adjustment mechanism in gas bills, similar to the one in electricity bills. The decision was made during a meeting chaired by Deputy Prime…
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‘Shipping giant to invest $2bn in Pakistan’
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[ad_1] A representational image of containers. — Reuters/File Ahead of his visit to Denmark, Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday said that Danish shipping company Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over…
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China’s BYD plans car plant in Karachi | The Express Tribune
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[ad_1] KARACHI: Chinese electric vehicle giant BYD on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors. BYD is the first major new electric…
