Express
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Around 80 nations forge landmark digital commerce pact; US stands apart | The Express Tribune
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[ad_1] GENEVA: Around 80 countries agreed on rules governing global digital commerce, including the recognition of e-signatures and protection against online fraud, but failed to secure the participation of the United States, according to reports on Friday. After five years…
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Govt mulls ending free electricity for public sector, officials | The Express Tribune
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[ad_1] ISLAMABAD: The government is considering ending the provision of free electricity to government officials and agencies, according to sources from the power division. The federal government, under severe public and political pressure, has decided in principle to work on…
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Commission Board approves privatization of electricity distribution companies | The Express Tribune
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[ad_1] The Privatization Commission Board (PCB) has approved the privatisation of electricity distribution companies (DISCOs) and decided to appoint financial advisors. The board meeting, chaired by Federal Minister for Investment, Communications, and Privatization Abdul Aleem Khan, approved the privatisation, and…
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Pak, China launch report on SEZs | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan-China Institute, in collaboration with the China Chamber of Commerce in Pakistan and PowerChina, has launched a pivotal report titled “Aligning Special Economic Zones Policies of Pakistan and China.” This report aims to enhance economic and industrial…
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China and Saudi Arabia expected to roll over $9 billion debt for Pakistan | The Express Tribune
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[ad_1] Pakistan is anticipated to secure a rollover of $9 billion in debt from China and Saudi Arabia for the fiscal year 2024-25. In addition, Pakistan is seeking funding for the Diamer-Bhasha Dam project. Sources from the Ministry of Economic…
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Pakistan secures $400 million loan from ADB for flood recovery | The Express Tribune
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[ad_1] The Asian Development Bank (ADB) has approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Sindh province which was severely affected by the 2022 floods. The Sindh Emergency Housing Reconstruction Project aims to…
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SIFC endorses refineries’ demands | The Express Tribune
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[ad_1] ISLAMABAD: The Special Investment Facilitation Council (SIFC) on Thursday backed plans to withdraw the budgetary measures that could lead to the closure of refineries and spoil a $6 billion plant upgrade programme. Sources told The Express Tribune that the…
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SSGC launches new high-pressure pipeline | The Express Tribune
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[ad_1] KARACHI: Sui Southern Gas Company (SSGC) has launched a dedicated pipeline, investing Rs3.86 billion, to supply fuel at high pressure to industrial consumers in the western part of Karachi. This new phase aims to address low-pressure gas issues for…
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Britain’s mortgage crisis: soaring rates drive 320,000 into poverty | The Express Tribune
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[ad_1] Rising mortgage rates in Britain have pushed approximately 320,000 people into poverty, a figure significantly higher than official estimates, according to a report released on Thursday. Although mortgage rates have decreased from their peak of over 6% for a…
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IMF to discuss $7 billion bailout for Pakistan in August | The Express Tribune
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[ad_1] The International Monetary Fund (IMF) Executive Board is expected to convene in mid-August to discuss the $7 billion bailout package for Pakistan. A staff-level agreement between Pakistan and the IMF was reached on July 12. Sources inside the Ministry…
