Business

Foreign Ministry holds briefings on CPEC for diplomatic missions

Islamabad: Ministry of Foreign Affairs hosted briefings on China-Pakistan Economic Corridor (CPEC) for resident diplomatic missions of several countries from East and Central Asia and Middle East. Chaired by Additional Secretary (Asia-Pacific), two r...

PM Shehbaz, Azerbaijan President express resolve for cooperation in trade, energy

SAMARKAND: Prime Minister Shehbaz Sharif and President of Azerbaijan Ilham Aliyev expressed their mutual resolve to enhance bilateral cooperation in diverse areas including trade, energy and defence. In a meeting held on sidelines of Shanghai Coopera...

Petrol price likely to slide down by Rs9.62/litre

KARACHI: Price of mogas is likely to drop from Rs 235.98 per litre to Rs 226.36 after a cut of Rs 9,62 per litre on September 16 for next fortnight. However, a slight increase of Rs 3.04 per litre is expected in price of diesel, taking rate up from R...

HBL employees to retire at age 65 from now onwards

KARACHI: Habib Bank Limited (HBL) announced that it has raised the staff service age for its employees from 60 years to 65 years. The policy comes into effect from 1 September 2022, making employees who turned 60 on or after this date eligible, the b...

Bank Alfalah brings new App for updated account information

Karachi: Bank Alfalah has introduced first-of-Its-kind feature to upload updated account information through AskAlfa unique chat platform in Bank Alfalah’s Alfa Mobile App, which enables customers to share their banking queries along with provi...

Pak-Iran ‘Pishin Border Market’ to open in coming month: Commerce Minister

ISLAMABAD: Minister for Commerce Naveed Qamar said that opening of Pakistan-Iran 'Pishin Border Market' is expected in coming month, which will increase trend of free trade between two countries. Pishin Border market had been completed and its inaug...

Rupee sheds value against dollar, dips 2.40 to close 234.32 in interbank

KARACHI: Rupee continued its downward spiral against dollar for ninth consecutive session owing to bleak economic situation due to unprecedented flooding across country. In interbank market, domestic unit fell Rs 2.40 to close at Rs 234.32, down in v...

Miftah apprises German Ambassador on flood devastation

ISLAMABAD: Minister for Finance and Revenue Miftah Ismail apprised German Ambassador Alfred Grannas on devastation caused by current floods in Pakistan and losses it inflicted on country’s economy.   According to press statement issued by...

Lucky Cement provides foods, shelter to flood victims

KARACHI: To help flood victims in Sindh and Balochistan, Lucky Cement Limited has distributed thousands of Ration bags along with shelter camps for flood victims in far flung areas including Dadu, Sanghar, Khairpur and Uthal. Company has also dist...

Qamar ensures level playing field for export-oriented sectors, including textiles

ISLAMABAD: Minister for Commerce Naveed Qamar said that government was committed to provide level playing field and reduce cost of doing business for export-oriented sectors including textiles to boost exports and reduce current account deficit. Add...

NC Big Stories

Youth Forum for Kashmir Organizes Seminar on Human Rights Violations in Kashmir at Karachi Press Club

KARACHI: On the occasion of Human Rights Day, the Youth Forum for Kashmir – Karachi Regional Office (YFK-KRO) organized a meaningful and dignified ceremony at Karachi Press Club. The event witnessed participation from a large number of distingu...

Deputy Commissioner of Central District lauded for reactivating Civil Defence Department

KARACHI: Adil Khan Zai, President of the Central Lawyers Forum Karachi, has praised Deputy Commissioner of Central District, Taha Saleem, for his initiative to reactivate the Civil Defence Department in the area. Speaking at a public gathering, Adil...

ABAD’s complaint against SBCA officer raises questions

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) has submitted a letter to the Chief Minister of Sindh, accusing Sindh Building Control Authority (SBCA) Deputy Director Riaz Mulla of blackmail, unlawful demands, and alleged abus...

Registrar Coop interference in Karimabad Society puts members' Lives at Risk

KARACHI: Elections in the Karimabad Ismailia Multi-Purpose Cooperative Society Limited ST-2 have been repeatedly delayed, leaving members frustrated and losing patience. Meanwhile, an illegal administration has taken control of the society. The Regis...
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