Tue, 21-Oct-2025

Higher taxes threaten NYC status as global business hub: Goldman Sachs

RIYADH: David Solomon, CEO of Goldman Sachs, has warned New York City leaders that higher taxes will make the city less attractive to businesses and their employees. “New York is not going away” but cautioned that “it’s also not guaranteed for any urban center that you have a permanent place in the world,” the Financial Times quoted … Read more

Indonesia-Pakistan Portal to felicitate businesses developed

Indonesia-Pakistan

KARACHI: An Indonesia-Pakistan Portal has been developed to felicitate businesses of the two countries, a diplomat said. Consul General of Republic of Indonesia Dr June Kuncoro Hadiningrat has said that an interaction between the youth and young entrepreneurs of both countries is very important. He stressed the need for inducting students as interns by the … Read more

US states, firms shift from carrot to stick on coronavirus vaccinations 

NEW YORK: Across the US, state governments and businesses are starting to shift from the carrot to the stick to boost coronavirus vaccinations, as daily new cases remain above 100,000 for days and deaths over 400, reported The Washington Post on Friday. “Cities and states — many of which have previously focused on incentives for … Read more

Businesses object to Sindh Govt’s new Covid-related SOPs

Businesses Across Sindh To Remain Closed On Fridays And Sundays

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has objected to the enforcement of new standard operating procedures (SOPs) introduced by the Sindh government, and said the restrictions are denying the ease of doing business. FPCCI president Mian Nasser Hyatt Maggo demanded that the FPCCI’s nominees must be taken into Sindh’s task … Read more

KCCI proposes strict lockdown instead of business closure

Sindh lockdown

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) on Thursday recommended the government to impose a strict lockdown for the prevention of coronavirus spread instead of closing down businesses, a statement said. Businessmen Group (BMG) chairman and former president of the KCCI Zubair Motiwala and Karachi Chamber of Commerce and Industry (KCCI) president M … Read more

Windows 7, Windows 8.1 Will Not Support Direct Upgrade To Windows 11

Windows 7, Windows 8.1 Will Not Support Direct Upgrade To Windows 11

Windows 7 or Windows 8.1 users cannot directly upgrade to the latest OS by Microsoft, Windows 11. Only those who are already on the latest build of Windows 10 can directly upgrade through windows updates. There was a post recently on Microsoft’s German news site. It reveals the minimum versions for the Enterprise organizations and … Read more

Punjab government orders all businesses to close by 6pm till May 17

The Punjab government ordered all businesses to close by 6 pm till May 17 due to the rise in coronavirus cases across the province. According to notification from Punjab health department only Vaccine centres, petrol pumps, pharmacies, poultry, and vegetable shops will be exempted from the restriction. In the province, there will be a complete … Read more

Dine-in restaurants, businesses to reopen in Pakistan today

restaurants, businesses

Lockdown restrictions have been eased across Pakistan as dine-in restaurants, gyms, salons, and other businesses have been allowed to reopen from Monday. The National Command and Operation Centre (NCOC) had announced on Thursday that cinemas, theatres, gyms, public points, and dine-in restaurants will be allowed to reopen from Monday, meanwhile considering safety guidelines and SOPs … Read more

SBP enhances refinance limits under its Rozgar Scheme

Coronavirus affected trade, many companies may go bankrupt: SBP

State Bank of Pakistan (SBP) has enhanced refinance limits under its Rozgar Scheme to finance up to 100% of wages/salaries of businesses with average 3month wage bill of up to Rs500mn for onward payments for April, May and June, 2020. In its latest press release, mentioned on twitter handle, SBP) has enhanced refinance limits under … Read more

Health Minister KP holds marathon session with traders at secretariat

Health Minister Khyber Pakhtunkhwa

Health Minister Khyber Pakhtunkhwa Taimur Khan Jhagra said it was a priority of the government to find a way for traders to run their businesses. Health Minister Khyber Pakhtunkhwa had a marathon session with representatives of K-P traders at the K-P secretariat. He thanked traders for working with the government, adding that the country cannot afford … Read more