Express
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Navigating compliance in wheat imports | The Express Tribune
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[ad_1] ISLAMABAD: Wheat import, along with other agricultural commodities, falls under the regulation of the Sanitary and Phyto-Sanitary (SPS) measures. The SPS Agreement, an international treaty under the World Trade Organisation (WTO), explicitly acknowledges governments’ authority to safeguard human, animal, and plant health based on scientific principles. These measures primarily focus on quarantine and biosecurity…
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Industries demand full restoration of power supply | The Express Tribune
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[ad_1] KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Sheikh and SITE Association of Industry (SAI) President Mohammad Kamran Arbi have urged K-Electric (KE) to immediately ensure proper and full restoration of electricity supply to the biggest industrial zone in Karachi. Expressing concern over delay in resuming power supply to SITE industries,…
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Minister invites hi-tech investment in CPEC-II | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal visited Chengdu city in Sichuan, China, and had a comprehensive tour of the Chengdu High Tech Development Zone (CDHT). According to a press release issued by the Planning Commission on Saturday, the minister also met with Chengdu-based entrepreneurs, businessmen interested in becoming part…
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Experts call for EV policy overhaul | The Express Tribune
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[ad_1] KARACHI: Auto experts believe electric cars could become far more accessible to customers if the government addressed key policy issues. They call for a revision of policy classifications, offering incentives to all electric vehicles (EVs), removing obstacles in EV financing, and reducing heavy taxes, which currently constitute over 50% of the car prices, making…
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Short-term inflation reverses trend with 0.11% spike | The Express Tribune
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[ad_1] KARACHI: The short-term inflation gauge, called the Sensitive Price Indicator (SPI), resumed its uptrend as it rose 0.11% in the week ended May 30, 2024, driven by the hike in food prices. With the fresh SPI reading, a six-week falling streak has come to an end, according to the Pakistan Bureau of Statistics (PBS).…
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Pakistan, Kuwait to sign $25m loan agreement | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Kuwait signed a loan agreement worth $25 million during the 5th session of the Pakistan-Kuwait Joint Ministerial Commission (JMC) in Kuwait. This session, held from May 28 to May 30, 2024, marked significant progress in strengthening bilateral ties. The agreement for the loan, intended for the Mohmand Dam, will be signed…
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Petrol price reduced by Rs4.74, HSD by Rs3.84 | The Express Tribune
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[ad_1] The Ministry of Finance has issued a notification announcing a reduction of only Rs4.74 in the price of petrol, while it has been revealed that a false statement was attributed to Prime Minister Shehbaz Sharif regarding a bigger reduction in petroleum product prices. According to the notification from the Ministry of Finance, the price…
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Licensing hurdles hurt gems industry | The Express Tribune
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[ad_1] SKARDU/ GILGIT: The harsh licensing process and lack of technical efficiency have subdued the glittery economy of the gemstone sector—often termed as “the gems of hope.” In the extreme north of Pakistan, in the scenic region of Gilgit/Skardu, lies a vast labyrinth of valleys, mountains, and cliffs where dreams are forged and fortunes are…
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Bears tighten grip ahead of FY25 budget | The Express Tribune
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[ad_1] KARACHI: Bears tightened their grip over the Pakistan Stock Exchange (PSX) in the post-holiday trading session on Wednesday, where the KSE-100 index lost around 680 points. In the morning, trading began with a spike but soon the index dipped due to political uncertainty and the lack of positive cues. Investor sentiment took a hit…
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Oil sector demands repair of infrastructure | The Express Tribune
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[ad_1] KARACHI: The Oil Companies Advisory Council (OCAC) has written a letter to the Karachi Port Trust (KPT), urging the port authority to begin the long-awaited repair and maintenance work on roads and sewerage infrastructure in the Keamari oil installation area (KOIA) to ensure smooth transportation of petroleum products to the upcountry ahead of the…
