Prime Minister Imran Khan on Thursday said that Pakistan offers a huge potential for e-commerce that would generate employment opportunities for the youth. Speaking to the Group CEO of Daraz Bjarke Mikelsen in Islamabad, the premier termed e-commerce vital for economic growth, said Radio Pakistan. Read more: Govt supporting e-commerce industry for economic growth: Tarin … Read more
LONDON: Ryanair is to delist from the London Stock Exchange next month, the Irish no-frills airline announced on Friday, owing to high costs and falling trade volumes after London exited the European Union. The airline, whose primary listing is on the Euronext Dublin, had already hinted at the move at the start of November because of … Read more
LAHORE: Pakistan Muslim League-Nawaz (PML-N) Punjab Spokesperson, Azma Bukhari on Friday feared that if in the next general elections, Electronic Voting Machines (EVMs) were inducted, they would become “one of the most expensive elections in the world.” Speaking to the media outside Punjab Assembly, she said that as per the estimation of the Election Commission … Read more
Adviser to Prime Minister Imran Khan on Interior and Accountability, Shahzad Akbar and the Permanent Secretary of the United Kingdom’s Home Office, Matthew Rycroft finalised negotiations on the UK-Pakistan Readmissions Agreement that would ensure the return of illegal migrants who have no lawful basis to remain in the UK. Rycroft just concluded a two-day visit … Read more
Thousands of Sikh pilgrims from India and across the world have converged in Nankana Sahib to celebrate the 552nd birth anniversary of Baba Guru Nanak, the founder of Sikhism. The birth celebrations of Baba Guru Nanak, which started on November 17 in his birthplace, will continue till 26 of this month. The 10-day celebration began … Read more
ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) has been providing multifaceted opportunities for Pakistan to further enhance regional connectivity and the national economy, a Pakistani expert said on Thursday. To exploit the full potential of CPEC, Pakistan will have to build reliable, and efficient avenues of connectivity on the principle of win-win cooperation, as with every … Read more
ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry said on Friday that Pakistan and the Holy See could work together to counter fake news and hate material. During a meeting with Ambassador of the Holy See in Islamabad, Christophe EL Kassis, he said that in this age of technology, war of narratives had replaced war … Read more
LAHORE: Red-eyed residents cough, everything smells of smoke, and cars shine their headlights in the middle of the day. Smog has again blanketed Lahore, and its citizens are becoming desperate. The megacity of nearly 11 million people near the border with India was once the ancient capital of the Mughal Empire and remains Pakistan’s cultural … Read more
KARACHI: The State Bank of Pakistan (SBP) has directed the commercial banks to tighten their internal controls for strengthening the rupee value. The central bank officials met the chief executive officers (CEOs) of banks to discuss the position of foreign exchange and the positive development in this regard, sources said. The banks have been informed … Read more
LAHORE: The Punjab Industrial Estates Development and Management Company (PIEDMC) will set up an industrial zone on 1,000 acres of land in Sialkot, a statement said. Talking to Sialkot Chamber of Commerce and Industry president Imran Akbar and former president Qaiser Baryar, PIEDMC chairman Syed Nabeel Hashmi said that the industrial zone would be set … Read more
ISLAMABAD: Pakistan has made some progress in its commitment to the 2030 agenda for Sustainable Development Goals. The country has been enlisted to the upcoming UN high-level political forum (HLPF) event where it will present the second voluntary national review report in July 2022. Pakistan will cover all the five dimensions; social, economic, environmental, governance, … Read more
LAHORE: A five-member delegation of the Asian Development Bank (ADB) led by Alternate US Executive Director John Hurley called on Punjab chief secretary Kamran Ali Afzal and discussed progress on the ongoing ADB-funded projects in the province, a statement said. Hurley said that the ADB is willing to enhance cooperation with the Punjab government in … Read more
LAHORE: Law Minister Raja Basharat has promised facilitating the business community in getting weapon licences, a statement said. Speaking at a ceremony at the Lahore Chamber of Commerce and Industry (LCCI), he said the government is ready to provide all possible facilities according the vision of Prime Minister Imran Khan. It was in the interest … Read more
Prime Minister Imran Khan on Friday felicitated Sikh yatrees (pilgrims) from across the world on the 552nd birth anniversary of Sikhism founder Guru Nanak Dev Ji as the celebrations begin in Pakistan. “Wishing 552nd Guru Nanak Dev Ji Jayanti to all Sikhs around the world. On this auspicious occasion,” said the premier in his message … Read more
ISLAMABAD: Prime Minister Imran Khan has said that the government is striving for a better and easy taxation system in the country. The prime minister, in a meeting with economic expert Arthur Betz Laffer, who called on him, said the record tax collection by the present government manifested the people’s trust in it. The discussion … Read more
ISLAMABAD: The United States government, through the United States Agency for International Development (USAID), will contribute $7 million to the Asian Development Bank’s (ADB) ongoing support for Ehsaas Programme, addressing the secondary effects of the Covid-19 pandemic in Pakistan. In this regard, USAID mission director Julie Koenen and ADB country director Yong Ye attended a … Read more
ISLAMABAD: The large-scale manufacturing Industries (LSMI) production grew 5.15 per cent during the first quarter of the current fiscal year, compared with the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. The highest increase of 3.3 per cent during July-September (2021/22) was witnessed in the indices monitored by the Ministry … Read more
ISLAMABAD: The government has taken pragmatic steps to tackle inflation, stabilise foreign exchange and increase productivity, a senior official said. During a meeting with renowned international economist Dr Arthur B Laffer at the Finance Division, Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin stressed that priority sectors such as modernisation of agriculture, … Read more
Dollar gains 91 paisas against rupee on IMF uncertainty KARACHI: The dollar rebounded and gained 91 paisas to close at Rs174.67 on Thursday in the interbank foreign exchange market, dealers said. –SHAHNAWAZ AKHTER Read more PSX down 83.92 points amid profit-taking KARACHI: The Pakistan Stock market continued to witness profit-taking on Thursday where late recovery … Read more
LAHORE: A day ahead of the first death anniversary of former chief of Tehreek-e-Labbaik Pakistan (TLP)— Allama Khadim Hussian Rizvi – his son and the incumbent chief Hafiz Saad Hussain Rizvi has been set free from Kot Lakhpat jail. TLP would observe the first death anniversary of late Khadim Hussain Rizvi on November 19 (tomorrow) … Read more
The government of Pakistan on Thursday rejected the US State Department’s decision to redesignate it to the list of Countries of Particular Concern (CPC). Pakistan’s Foreign Office (FO) Spokesperson Asim Iftikhar, during a weekly press briefing, said that Pakistan rejects the US State Department’s arbitrary and selective assessment under U.S. domestic legislation on religious freedom. … Read more
Prime Minister Imran Khan on Thursday appreciated the spirit of his ailing party members of the National Assembly (MNAs) and Interior Minister Sheikh Rashid for attending yesterday’s crucial joint session of the parliament despite his brother’s death. The premier took to Twitter and “thanked” them on behalf of the Pakistan Tehreek-e-Insaf (PTI) and the nation. … Read more
ISLAMABAD: Pakistan has called upon the international community to take immediate notice of the state terrorism by India and hold it accountable for egregious human rights violations in Indian Illegally Occupied Jammu and Kashmir (IIOJK). In a statement issued on Thursday, Foreign Office spokesperson Asim Iftikhar said that the recent killing spree of innocent Kashmiris … Read more
WASHINGTON: The United States designated 10 countries, including Pakistan, China, Russia and Saudi Arabia, as countries of particular concern on Wednesday for alleged religious freedoms violations. The US added Russia to the list as ties dip to their lowest ebb since the Cold War. US Secretary of State Antony Blinken said that he was designating … Read more
The outgoing Director-General (DG) Inter-Services Intelligence (ISI) Lt Gen Faiz Hameed paid a farewell call on Foreign Minister Shah Mahmood Qureshi in Islamabad on Thursday. The foreign minister appreciated his services as DG ISI and expressed his best wishes over his new appointment as Peshawar Corps Commander. https://twitter.com/appcsocialmedia/status/1461195221841195008 Earlier on Wednesday, incumbent Lt Gen Hameed … Read more
President Dr Arif Alvi has said that the joint sitting of the parliament yesterday took an ‘outstanding’ decision of passing legislation on Electronic Voting Machines (EVMs). In a tweet on Wednesday night, the president claimed that he had been a proponent of technology both for EVMs and voting by overseas Pakistanis. “[An] Outstanding decision by … Read more
PSX remains bearish, Index losses 248.49 points KARACHI: The Pakistan equity market again observed a profit-taking session on the back of concerns regarding the ongoing joint parliament session and anticipated hike in the interest rates, dealers said on Wednesday. – JAVED MIRZA Read more Essential commodities prices on the decline: NPMC ISLAMABAD: A meeting of … Read more
LAHORE: The Pakistani city of Lahore was declared the most polluted city in the world by an air quality monitor on Wednesday, as residents choking in acrid smog pleaded with officials to take action. Lahore had an air quality ranking of 348, well over the hazardous level of 300, according to IQAir, the Swiss technology … Read more
