Business News
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Work on KPT track may begin soon | The Express Tribune
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[ad_1] ISLAMABAD: The government is set to build a dedicated double-track corridor from Karachi Port to a new rail-to-logistics terminal in Pipri Marshalling Yard to tackle port congestion. Sources told The Express Tribune that around 10,000 containers were parked at…
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Second phase of CPEC to bring investment worth billions of dollars in Pakistan: SAPM Mansoor
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[ad_1] Special Assistant to the Prime Minister on CPEC Affairs Khalid Mansoor addresses a press conference in Islamabad. Photo: PID ISLAMABAD: Special Assistant to the Prime Minister on CPEC Affairs Khalid Mansoor has said that most of the Chinese firms…
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SC defines terms for conviction over default on payment | The Express Tribune
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[ad_1] ISLAMABAD: The Supreme Court has ruled that indefinite confinement over default on payments is in violation of articles 9, 10 and 14 of the Constitution. In his seven-page judgment on a case pertaining to eight-year imprisonment of a person…
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Market watch: Selling pressure pulls stocks down | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a range-bound session on Monday, as sceptical investors once again adopted a wait-and-watch approach and kept trading activity thin amid an unsatisfactory economic outlook and uncertainties. Volatility persisted at the bourse, as the…
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Toshiba unveils new plan to split into two companies
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[ad_1] A representational image of Toshiba. — AFP/File TOKYO: Japan’s Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate. The group said…
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‘Pakistan aims to set up semiconductors zone with China’s help’ | The Express Tribune
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[ad_1] BEIJING: Pakistan has proposed an ambitious plan to build the semiconductors zone with the help of China, converting the country to self-sufficiency in modern gadgets and opening new avenues for development. This was stated by Federal Minister for Information…
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Oil falls on positive signals from US-Iran talks | The Express Tribune
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[ad_1] LONDON: Oil prices fell on Monday as signs of a progress in the US-Iran nuclear talks that could lead to removal of US sanctions on Iranian oil sales offset concerns about the tight supplies. Brent crude was down $0.31,…
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Dealing with rising oil prices | The Express Tribune
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[ad_1] ISLAMABAD: There is no increase in petroleum prices this time around, although crude oil prices have reached $90 per barrel. The government has done away with GST on petroleum altogether and has maintained some petroleum development levy (PDL), which…
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Demand for housing and demographics | The Express Tribune
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[ad_1] NORTHAMPTON: Demographics play an important role in influencing house prices. Seminal research on US house prices by N Gregory Mankiw and David N Weil in 1989 showed that the quantity of housing demanded exhibits a sharp jump between the…






