Khizar Pervaiz highlights financing gaps, skills shortage, calls for holistic support on Express Tribune podcast KARACHI: Small and medium-sized enterprises (SMEs), often described as the backbone of modern economies, remain central to Pakistan’s growth story but continue to face structural challenges, according to Khizar Pervaiz, Chief Executive Officer (CEO) of the Sindh Enterprise Development Fund…
Latest revision takes petrol to Rs327.62 per litre and HSD to Rs380.86 per litre under the new pricing system As the city runs on fumes, motorcyclists line up at a petrol pump in Karachi, waiting their turn amid surge in fuel prices. Photo: Jalal Qureshi / Express The federal government on Friday reduced the prices…
ECNEC to review Rs240b mega projects for Karachi water supply, Lahore filtration plant ISLAMABAD: The Central Development Working Party (CDWP) on Thursday approved seven development projects worth billions of rupees, referring three major initiatives totalling Rs240.537 billion to the Executive Committee of the National Economic Council (ECNEC) for final approval. The meeting, chaired by Federal…
CLEAN MOBILITY: The industry ministry said higher costs for internal combustion engines were necessary to change consumer preference towards new energy vehicles. For over 1801cc cars, it proposed 75% tariffs – 266% more than national tariffs but 52% less than existing rates. PHOTO:FILE ISLAMABAD: The government could not break the gridlock this week over a…
Absence of reliable enterprise data, outdated processes remain biggest challenges ISLAMABAD: Pakistan’s growing interest in artificial intelligence is shifting enterprise priorities towards cloud adoption and data modernisation, but businesses must first strengthen their digital foundations before AI can deliver meaningful value. In an interview with The Express Tribune, SAP Middle East and North Africa Region…
RAWALPINDI: Commercial banks have recommended a one-window documentation operation at the Rawalpindi Development Authority to simplify and expedite the prime minister’s housing programme, officials said on Thursday. The proposal came during a consultative session organised by the State Bank of Pakistan’s Rawalpindi office to address implementation challenges facing the ‘Ghar Ho Tou Apna, Apna Ghar…
Investors show interest in banks, energy and fertiliser stocks, pushing KSE-100 higher by 1,762 points KARACHI: Pakistan Stock Exchange (PSX) extended its winning streak on Thursday as investors looked beyond lingering concerns over volatile oil prices and the fragile regional peace situation, betting instead on improving market sentiment and selective buying in heavyweight stocks. The…
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Sindh Governor Nehal Hashmi Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry and Sindh Governor Nehal Hashmi have agreed to launch coordinated efforts to combat marine pollution and protect coastal ecosystems critical to the blue economy, according to a statement issued on Thursday. The…
KSE-100 falls over 450 points by midday as selling emerges across key sectors amid rising crude prices KARACHI: The Pakistan Stock Exchange (PSX) came under selling pressure on Friday, ending its recent winning streak as profit-taking gathered pace amid higher international oil prices and concerns surrounding developments in the Strait of Hormuz. By 9:39am, the…
Participants would receive comprehensive training in salt packaging and quality control KARACH: The Salt Manufacturers Association of Pakistan (SMAP), in collaboration with the Prime Minister’s Youth Programme and the National Vocational & Technical Training Commission, has announced the launch of a free technical training programme aimed at developing a skilled workforce for Pakistan’s salt industry….