All labor laws, regulations should come under single window: FPCCI President
KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded that all labor and industrial relations-related laws & regulations should come under a single window to facilitate the employers and employees alike; and, enhance the compliance with the...
Pakistan to meet ‘external debt servicing obligations’
ISLAMABAD: Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha stressed Thursday that Pakistan would not default on its international obligations and the government would ensure timely external debt payments. The minister’s comment...
President Alvi seeks affordable housing for people
ISLAMABAD: President Dr Arif Alvi has urged need to adopt environment-friendly, energy-efficient and cost-effective construction and housing practices to provide quality accommodation for people. Promoting vertical construction in country could help...
Nishat Chunian to partially shut down operations after one month
Karachi: Textile giant Nishat Chunian Limited (NCL) announced that it will partially shut down its spindles from January, citing market conditions. Development comes as Pakistan faces multiple challenges, including rising debt, low foreign exchange r...
Arif Balgamwala becomes first Pakistani to participate in Monaco Phil 2022 exhibition
KARACHI: Muhammad Arif Balgamwala (Tamgha-e-Imtiaz), former MC member, former Chairman Diplomatic Sub-Committee KCCI, former Chairman Pakistan Chemicals and Dyes Merchants Association has been honoured first Pakistani to present his collection at int...
Dar admits economy in ‘tight position’ but rejects impression of any default
Karachi: Finance Minister Ishaq Dar assured investors at Pakistan Stock Exchange (PSX) that country will not default but did admit that economy was in “Tight position”. In his address, finance czar said he always believed that Pakistan ha...
FinMin Dar assures investors Pakistan will not default at any cost
Finance Minister Ishaq Dar on Wednesday assured investors at the Pakistan Stock Exchange (PSX) that the country will not default but did admit that the economy was in a “tight position”. In his address, the finance czar said he always bel...
Rupee sheds value versus greenback, settles at 226.15
Karachi: Rupee ended with loss for sixth successive session against dollar, falling 0.15 percent in inter-bank market transaction. As per State Bank of Pakistan (SBP), rupee closed at 226.15 after fall of 0.33 paisa against greenback. Rupee has depre...
Connectivity projects to usher in region’s prosperity: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said connectivity projects in region will not only bring trade communities closer, but also usher in new era of peace and prosperity. Expressing views on receiving high-level delegation from Uzbekistan led by...
Bank Alfalah won ‘Best Investor Relations’ award, for 9th year in row
Karachi: Bank Alfalah has been honoured with three prestigious awards in recognition of its exceptional banking performance, Investment Banking and investor relations at 19th Annual Excellence Awards hosted by CFA Society Pakistan here. Bank was nomi...
