DHAKA: A government-appointed review committee in Bangladesh has flagged the Adani Power coal-fired plant’s electricity supply deal as overpriced, citing serious procedural anomalies in the contract award. The National Review Committee (NRC) report, dated January 20, found that the Godda plant in Jharkhand, India, charged Bangladesh electricity at a 39.7% premium over the nearest private-sector […]
cross-border trade
Chaman traders demand border reopening
Traders from Chaman, Balochistan, have urged the government to reopen the Afghan border to resume cross-border trade. The crossings have remained closed since October 11 due to fighting and retaliatory airstrikes, halting trade along the 2,600-kilometre frontier. Delegates warned that prolonged closure is causing severe economic losses and hardship for local communities. The Chaman Chamber […]
Pakistan, Meta join forces on digital trade and AI
ISLAMABAD – Meta is exploring partnership opportunities with Pakistan in digital trade, e-commerce, and artificial intelligence (AI). Rafael Frankel, Meta’s Director for Public Policy in South Asia, led a delegation that met Federal Commerce Minister Jam Kamal Khan. The discussion focused on boosting Pakistan’s digital economy and supporting its growing IT sector. Rana Ihsaan Afzal, […]
Pakistani and Turkish firms partner to digitize cross-border trade
A new partnership between Pakistani and Turkish firms aims to transform cross-border trade through digital solutions. Galaxefi Solutions, a leading Pakistani digital freight management platform, has signed a Memorandum of Understanding (MoU) with AsirDx, a Turkish tech company specializing in digital transformation. The agreement will see the Galaxefi platform integrated into Turkey’s logistics system. The […]