Tribune
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Google wins years-long Mexico antitrust case | The Express Tribune
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[ad_1] Listen to article MEXICO CITY: Mexico’s antitrust watchdog said on Friday it had closed a case against Google, clearing the tech giant from any potential fines, after a multi-year investigation determined it did not engage in monopolistic practices in the country. The investigation by Mexico’s Federal Economic Competition Commission (Cofece), which began in 2020, focused on…
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Anti-digital, pro-realty sector budget | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday unveiled a Rs17.6 trillion budget, which attempted to limit fiscal expansion but taxation measures were clearly self-contradictory that on one hand would promote cash economy and fossil fuels but discourage these too on the other. The government of Prime Minister Shehbaz Sharif also introduced new taxes…
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Uzbekistan Trade Centre to help strengthen ties | The Express Tribune
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[ad_1] Listen to article LAHORE: The Uzbekistan Trade Centre in Lahore will play a vital role in strengthening Pakistan-Uzbekistan economic ties. The trade centre, jointly inaugurated by Lahore Chamber of Commerce and Industry (LCCI) President Mian Abuzar Shad and Uzbekistan Chamber of Commerce and Industry Deputy Chairman Takhtaev Akobirjon Khakimovich, is a landmark step towards enhancing bilateral…
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SNGPL to lay dedicated pipelines for industries | The Express Tribune
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[ad_1] LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) Chief Executive Officer Aamir Tufail has said that the gas-related issues faced by industrialists are being resolved on a priority basis. In this regard, pending requests for new industrial gas connections and over-billing complaints are being addressed swiftly while a focal person will be appointed to ensure…
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Coffee sector for duty cuts | The Express Tribune
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[ad_1] Listen to article LAHORE: Stakeholders in Pakistan’s growing coffee sector are urging the government to eliminate the 28% combined Regulatory Duty (RD) and Additional Customs Duty (ACD) on bulk instant coffee imports, arguing the current levy is stifling industry growth and preventing the development of a domestic coffee market. The duties were imposed in June 2021…
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Govt moves to turn idle power into digital gold | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: In a ground-breaking move to transform Pakistan into a global leader in digital innovation, the government allocated 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power Bitcoin mining and artificial intelligence (AI) data centres, said a press release on Sunday. This initiative, spearheaded by the Pakistan…
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Further hike in defence budget likely to deal with India threat | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Pakistan may further increase the proposed defence budget for the next fiscal year to deal with the Indian aggression and spend more on indigenous research and development, in a move that may also require the provincial governments to share the additional cost. Official sources told The Express Tribune that due to rapid…
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Govt set to unveil new industrial policy | The Express Tribune
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[ad_1] FAISALABAD: Following the success of the “Banyan Al-Marsous” operation, a new industrial policy aimed at placing Pakistan among the world’s top 20 economies will be announced very soon. It was stated by Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, while representing Prime Minister Shehbaz Sharif at the 50th…
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Pakistan, Russia aim to set up steel mill | The Express Tribune
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[ad_1] Listen to article ISLAMABAD: Pakistan and Russia on Tuesday moved a step closer to industrial collaboration as Moscow’s representative Denis Nazaroof met Special Assistant to the Prime Minister Haroon Akhtar Khan to discuss the establishment of new steel mills in Pakistan. The two officials engaged in extensive talks on the prospect of collaboration and agreed to…
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Gold, rupee on downward trajectory | The Express Tribune
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[ad_1] Listen to article KARACHI: Gold prices in Pakistan remained on a downward trajectory on Friday despite a notable rise in international markets, where the yellow metal gained over 1% as the US dollar weakened and investors weighed comments on tariffs by US President Donald Trump ahead of crucial trade talks with China. The All-Pakistan Gems and…
