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Stakeholders seek tourism overhaul

[ KARACHI: Sindh’s tourism stakeholders have urged the provincial government to place tourism development at the centre of its policy agenda, emphasising that the province’s extraordinary cultural, historical and natural diversity remains vastly underutilised due to weak infrastructure, limited marketing and insufficient institutional focus. The call was made at an award ceremony recognising Sindh-focused vloggers, … Read more

Turkish firm awarded offshore block

[ ISLAMABAD: The Economic Coordination Committee (ECC) on Tuesday allowed a Turkish firm to operate an offshore exploration block and extended the licence period of the zone. Pakistan Petroleum Limited (PPL) is the operator of the offshore block but it has failed to start work for the last four years. Consequently, the ECC permitted Turkish … Read more

Germany links future investment to reforms

[ German ambassador flags Reko Diq as key test case, oil minister outlines plans for mechanised mining ISLAMABAD: German Ambassador to Pakistan Ina Lepel met Federal Minister for Petroleum Ali Pervaiz Malik on Tuesday to discuss prospects for cooperation in Pakistan’s mining, minerals and energy sectors. Janine Rohwer, Political and Economic Counsellor, was also present. … Read more

Can markets save the climate? Technocrats still say yes

Mobilising Climate Financing for Social Protection. Photo: Express BRASILIA: Is there a market-based way out of the climate crisis? Technocrats are still holding on to hope. This question set the tone at a COP roundtable titled “Mobilising Climate Financing for Social Protection”, where participants confronted the widening gap between climate ambition and the lived realities … Read more

PSX stumbles as selling pressure mounts

[ KARACHI: The Pakistan Stock Exchange (PSX) endured a turbulent trading session on Tuesday as selling pressure mounted in the final hours, dragging the benchmark KSE-100 index down by 752 points. The market’s downturn was primarily influenced by an uncertain economic outlook and a decline in international markets, said analysts. Earlier, the day began in … Read more