Express
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Dewan Farooque Motors to assemble Kia vehicles | The Express Tribune
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[ad_1] KARACHI: Dewan Farooque Motors has entered into a technology licence agreement (TLA) with South Korea’s automaker Kia Corporation for the production and assembly of its vehicles in Pakistan, the company announced in a notification sent to the Pakistan Stock…
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Mega IT Park project launched | The Express Tribune
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[ad_1] KARACHI: Federal Ministry of Information Technology and Telecommunication (MOITT) Syed Aminul Haque on Monday laid the foundation stone of Pakistan’s largest Information Technology (IT) Park project in Karachi. The IT Park project aims to become a gateway for innovation…
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COP27: world stage for impactful climate change? | The Express Tribune
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[ad_1] ISLAMABAD: “The world is still falling short of the Paris climate objectives, with no credible pathway to 1.5°C,” noted the United Nations Environment Programme (UNEP) in its recent Emissions Gap Report, published on October 27, 2022. According to the…
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Climate change: time is running out | The Express Tribune
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[ad_1] ISLAMABAD: The recent flash floods, with global warming and the resultant climate change holding primary responsibility, affected 33 million Pakistanis and is estimated to run losses of over $30 billion. Unfortunately, by using the alibi that we emit less…
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Dar’s dilemma: challenges on external front persist | The Express Tribune
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[ad_1] KARACHI: Ishaq Dar’s re-entry at the helm of economic and financial decision-making was expected to result in not only a strong recovery of Pakistani rupee, but also a reduction in the exchange rate volatility. Several pundits expected the rupee-dollar…
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All Chinese CPEC workers to move in bullet-proof cars | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and China have agreed to use bullet-proof vehicles for all outdoor movement of the Chinese nationals working on the China-Pakistan Economic Corridor (CPEC) projects in order to protect them from terrorist attacks. According to the draft minutes…
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Switzerland to face difficult years | The Express Tribune
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[ad_1] GENEVA: The threat of recession in the euro zone and beyond, an energy supply squeeze and the eroding effect of inflation on purchasing power mean Switzerland faces difficult years ahead, Justice Minister Karin Keller-Sutter told the Neue Zuercher Zeitung…
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Honda launches new EV model | The Express Tribune
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[ad_1] TOKYO: Japan’s Honda Motor Co unveiled the second model of its new China-only electric vehicle (EV) lineup on Saturday, targeting the fast-growing, battery-driven car segment in the world’s largest auto market. The Japanese automaker said last year it planned…
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Govt eyes $13b package after PM’s China visit | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan has got assurances of a $13 billion financial package from China and Saudi Arabia, including $5.7 billion in fresh loans, Finance Minister Ishaq Dar said on Friday in a statement that would help stabilise the reserves and…
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PSO to recover Rs594b in circular debt | The Express Tribune
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[ad_1] ISLAMABAD: The supply of expensive liquefied natural gas (LNG), during the past four seasons, to domestic consumers has resulted in a steep hike in circular debt, trapping gas-utilities and Pakistan State Oil (PSO). The gas sector is currently facing…
