Listen to article LAHORE: Pakistan Sugar Mills Association (PSMA) – Punjab Zone has denied that sugar prices have increased due to exports of the sweetener. In a statement, a spokesman for the association said that some misconceptions had been raised in media by linking the sugar price hike with exports without establishing facts. Owing to a conservative…
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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to Pakistan Stock Exchange Limited (PSX) for issuing guidelines on stock split by listed companies. The guidelines are aimed at promoting stock splits as a viable financial strategy in Pakistan’s capital market, especially for companies with high share prices, according to a press…
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LAHORE: The Zimbabwe Cricket Board has reached out to the Pakistan Cricket Board (PCB) to secure No Objection Certificates (NOCs) for Pakistani players selected to participate in the upcoming Zim Afro Cricket League, according to sources. Sources confirmed that the PCB has given a positive indication, providing a green signal to ZC regarding the issuance…
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International Cricket Council (ICC) Chief Executive Geoff Allardice has confirmed that there are currently no plans to relocate the ICC Champions Trophy 2025 from Pakistan and assured that no team has expressed reluctance to play in the tournament. Speaking at a media briefing in Dubai, organised for the Women’s T20 World Cup, Geoff expressed satisfaction…
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In a dominant performance, Pakistan’s hockey team secured a convincing 5-1 victory over China, ensuring their place in the semi-finals of the Asian Hockey Champions Trophy 2024. Nadeem Ahmed and Hannan Shahid were the stars of the match, scoring two goals each to lead Pakistan to a comfortable win. Abdul Rehman added another goal to…
Read More “Pakistan hammer China to secure semifinal spot | The Express Tribune” »
ISLAMABAD: Turkmenistan is set to become the first Central Asian country to access the Gwadar Port under China Pakistan Economic Corridor (CPEC) as both countries are about to ink an agreement in this regard. Pakistan and Turkmenistan are already venturing various joint projects, including TAPI pipeline, railway track and fibre connectivity to connect two regions…
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ISLAMABAD: The country’s power regulator has slapped a fine of Rs10 million on K-Electric (KE)the power utility that supplies electricity to Karachifor “lack of safety measures/culture” which resulted in the death of a person within its service territory during FY 2022-23. The National Electric Power Regulatory Authority (NEPRA) directed KE to pay the fine in…
Read More “NEPRA fines KE Rs1m for safety lapse | The Express Tribune” »
ISLAMABAD: Finance Minister Muhammad Aurangzeb and Planning Minister Ahsan Iqbal raised objections to the formation of a National Digital Commission and the Pakistan Digital Authority, instead called for using the current available infrastructure and taking advantage of innovation in the scientific field. The ministers along with Minister of State for Information Technology (IT) Shaza Fatima…
Read More “Ministers object to creation of more authorities | The Express Tribune” »
ISLAMABAD: The International Monetary Fund has appointed Mahir Binici as the new country head for Pakistan, while the government intensifies efforts to secure the $7 billion loan approval by the last week of September. All this is taking place amid growing suspicions about the motives of the global lender. The IMF’s action to set wrong…
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Listen to article Gold prices in Pakistan have continued their upward trend, even as global rates have seen a decline for the second consecutive day. On Friday, the price of 24-carat gold in Pakistan increased by Rs200 per tola, pushing the new rate to Rs262,000. The price of 10 grams of gold also saw a rise of…
