Tribune
-
Chronic air pollution in Punjab | The Express Tribune
.
[ad_1] ISLAMABAD: As usual there is again a smog attack in Punjab, especially in and around Lahore, Faisalabad and Gujranwala regions. The problem is so intense that there is a proposal for calling every Wednesday off for the coming few months. Smog causes a variety of respiratory, eyes and skin diseases, making life miserable for…
-
Massive relief: Govt slashes petrol price by Rs40 | The Express Tribune
.
[ad_1] The federal government has decreased the price of petrol by Rs40 and high-speed diesel (HSD) by Rs15 in line with fluctuations in global oil prices and appreciation of the rupee against the US dollar. A finance ministry statement said: “Owing to the decreasing trend of petroleum prices in the international market and due to…
-
Loss-making DISCOs struggle to avoid privatisation | The Express Tribune
.
[ad_1] KARACHI: The two struggling and loss-making power distribution companies (DISCOs) of Sindh are girding up their loins to avoid the sword of privatisation as the caretaker government seems adamant to outsource all such non-remunerative public organisations. Recently, a team of World Bank officials met caretaker Federal Minister for Privatisation Fawad Hasan Fawad in Islamabad…
-
$8b discrepancy unearthed in exports, imports | The Express Tribune
.
[ad_1] KARACHI: Pakistani traders have allegedly been found involved in discrepancies of over $8 billion through under-invoicing of imports and exports of goods to four major trading partners, causing significant foreign exchange losses, tax revenue losses and supporting financial transactions via the illegal Hawala-Hundi network. In letters to Finance Minister Shamshad Akhtar, the Pakistan Business…
-
Turkiye focuses on SIFC activities | The Express Tribune
.
[ad_1] LAHORE: Turkiye Consul General Durmus Bastug has said that the setting up of the Special Investment Facilitation Council (SIFC) is a favourable step for investors as its embassy closely monitors activities of the council. “This initiative will produce desirable results,” he said while expressing optimism. During a meeting at the Lahore Chamber of Commerce…
-
Rupee appreciates for record 27 days in a row | The Express Tribune
.
[ad_1] KARACHI: Pakistani currency, which began its ascend with the crackdown on smugglers and gradual economic recovery, on Friday created history by maintaining its winning streak for 27 consecutive working days for the first time in three years. It hit over three-month high below Rs278 against the US dollar in inter-bank market. Talking to The…
-
Pakistan fails to realise CPEC potential | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan has failed to realise even one-fifth of the China-Pakistan Economic Corridor (CPEC) potential and the country’s biggest failure is its inability to increase exports, which is required to finance debt and investment-related obligations, said Privatisation Minister Fawad Hasan Fawad on Thursday. Fawad, who was Pakistan’s focal person on CPEC affairs during the…
-
Rules notified to counter cyber attacks | The Express Tribune
.
[ad_1] ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) on Thursday notified the Computer Emergency Response Team (CERT) Rules 2023, which would help counter cyber attacks against government data. In his message on X (formerly Twitter), Federal Minister for IT and Telecom Dr Umar Saif said that Pakistan needed to protect its cyber space…
-
Govt works on two-pronged strategy for PSM sell-off | The Express Tribune
.
[ad_1] ISLAMABAD: The caretaker government has kicked off work on a two-pronged strategy for the privatisation of Pakistan Steel Mills (PSM), which comes in the backdrop of a payment dispute with Sui Southern Gas Company (SSGC) over gas supplies. A major outstanding issue before sell-off is the requirement of no-objection certificate (NOC) and the vacation…
-
Rupee breaches 280 barrier against dollar | The Express Tribune
.
[ad_1] KARACHI: Pakistani rupee maintained its powerful rally for the 25th consecutive working day on Wednesday, breaching the strong psychological barrier of Rs280 against the US dollar for the first time in three months. According to State Bank of Pakistan’s (SBP) data, the currency gained 0.36%, or Rs1, and hit a new three-month high at…
