Express
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PSX soars on PM’s election | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Monday extended its upward trajectory from the previous week as investors took cue from the election of a new prime minister and upbeat economic data. In the morning, trading began on a robust note, supported by the shrinking of trade deficit by 30.2% year-on-year (YoY) to $14.87 billion…
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Two Sessions fosters stronger Pak-China ties | The Express Tribune
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[ad_1] PHOTO: REUTERS BEIJING: Pakistani experts have lauded the significance of the “Two Sessions” in fostering global economic stability in the context of jointly building the Belt and Road Initiative, particularly China-Pakistan Economic Corridor (CPEC) initiatives. They believe that the foreign policies and incentives for foreigners in China during these sessions are pivotal in enhancing…
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Police presence bolstered to secure Karachi industries | The Express Tribune
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[ad_1] KARACHI: Sindh Additional Inspector General of Police (AIGP) Karachi Range Khadim Hussain Rind has announced the deployment of an additional 20 police personnel to the SITE Crime Monitoring Cell (SCMC), located within the premises of the SITE Association of Industry (SAI). This initiative aims to curb the increasing incidence of street crimes and maintain…
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Alternative Lifestyle Festival: towards sustainable future | The Express Tribune
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[ad_1] KARACHI: Often, environmental degradation is accepted as a necessary evil if it can ensure economic growth and development. But this caveat can become a compounding catalyst for catastrophe, particularly for countries like Pakistan, which simultaneously struggle with lagging economic growth and environmental instability. Considering the country’s unsteady economic situation and its position as one…
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Agri-revolution via China’s expertise | The Express Tribune
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[ad_1] KARACHI: China’s agricultural modernisation has been remarkable, ensuring food security for its billion-plus population. Pakistan can leverage Chinese expertise to revitalise its agricultural sector, a cornerstone of its economy. In Pakistan-China collaboration, both countries benefit from diverse environmental conditions conducive to crop cultivation and livestock rearing. “Effective management of postharvest losses and enhancing the…
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Call for setting minimum monthly wage at Rs32,000 | The Express Tribune
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[ad_1] PHOTO: FILE KARACHI: Sindh Human Rights Commission (SHRC) Chairperson Iqbal Detho has underlined the significance of improving conditions for workers in the informal sector and called for the implementation of a minimum monthly wage of Rs32,000 in the province. He also called for a comprehensive review of laws related to slavery and human trafficking…
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AGP objects to Rs15b lent to PIA without approval | The Express Tribune
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[ad_1] ISLAMABAD: The Auditor General for Pakistan has recommended holding individuals accountable for disbursing Rs15 billion to Pakistan International Airlines in the last fiscal year without first obtaining a business plan or government approvals for the fund release. Federal auditors have raised an audit objection against the Ministry of Finance during their examination of accounts…
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Kaspersky reveals 30% rise in ransomware attacks | The Express Tribune
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[ad_1] ISLAMABAD: The proliferation of targeted ransomware groups has surged, with these entities now notorious for attacking governments, specific high-profile organisations, or select groups within larger entities, said a press statement. Research conducted by Kaspersky experts reveals a 30% increase in the number of targeted ransomware groups globally from 2022 to 2023. According to the…
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Rupee falls slightly from 4-month high | The Express Tribune
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[ad_1] KARACHI: The stabilising Pakistani currency on Friday slightly depreciated to Rs279.19 against the US dollar in the inter-bank market, coming down from over four-month high in the wake of a decline in the central bank’s foreign currency reserves below $8 billion. According to State Bank of Pakistan’s (SBP) data, the rupee ticked down 0.02%,…
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Auto vendors optimistic amid recovery signs | The Express Tribune
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[ad_1] ISLAMABAD: Local auto vendors are optimistic about the potential growth in demand within the auto industry, foreseeing positive outcomes for the vendor sector in the near future. “Declines in inflation and interest rates, along with increased economic activity with the new government, offer hope for sustainable recovery,” said Syed Nabeel Hashmi, Chairman of Thermosole…
