LAHORE: Punjab Chief Minister Usman Buzdar’s decision to remove his principal secretary, Tahir Khurshid has set the rumour mills abuzz since Tahir was regarded as a “star bureaucrat” on whom the chief minister relied completely. Rumors are rife that Tahir was removed due to his decision to appoint the notorious Umer Sheikh as Lahore’s capital … Read more
ISLAMABAD: The Pakistan Customs and the Federal Board of Revenue (FBR) has processed the first consignment to export fresh White Chaunsa to Moscow, Russia from Pakistan under the TIR Convention. The FBR has stated that this is one of the first endeavors to introduce Pakistani fresh fruits and indigenous goods to Russia. It will help … Read more
The Sind Education Ministry on Tuesday allowed schools in the province to reopen from August 20 with 50 per cent attendance. After a meeting chaired by Sindh Education Minister Syed Sardar Ali Shah, it was announced that schools with 100 per cent vaccinated staff will be allowed to reopen. It also said that 50 per … Read more
KARACHI: The Kot Addu Power Company (Kapco) has earned a net profit of Rs10.229 billion for the year ended June 30, 2021, down a whopping 56.60 per cent, compared with the profit of Rs23.60 billion recorded in the previous year, a bourse filing said. The earnings per share (EPS) for the year clocked-in at Rs11.62, … Read more
KARACHI: The rupee recovered 11 paisas against the dollar on Tuesday, despite import payments demand ahead of the two public holidays, dealers said. The exchange rate ended at Rs164.08 against the dollar from the previous day’s closing of Rs164.19 in the interbank foreign exchange market. The dealers said the market witnessed supply of the dollar … Read more
DUBAI: With most airports in Pakistan and India now hosting on-site rapid PCR test facilities, travellers from these countries will no longer be facing last-minute flight cancellations, Gulf News reported. When the UAE allowed the conditional return of expats from Pakistan, India and a handful of other countries earlier this month, one landing requirement was … Read more
KARACHI: Lawyers in Sindh held a strike on Tuesday against what they called ‘illegal notification’ issued by President Arif Alvi for the appointment of Sindh Chief Justice Ahmed Ali M Sheikh to Supreme Court as an ad hoc judge. Justice Sheikh did not go to Islamabad to take an oath as an ad hoc judge … Read more
LAHORE: The Supreme Court of Pakistan (SC) on Tuesday restored the membership of Member Punjab Assembly (MPA) Salman Naeem. The apex court declared the decision of Election Commission of Pakistan (ECP) to disqualify Salman Naeem as null and void. It is pertinent to mention that in 2018, Salman Naeem grabbed 35,294 votes as an independent … Read more
Pakistan has condemned “obstruction measures” and hatred after India’s attempt to prevent Pakistan from once again participating in the UN Security Council debate on the situation in Afghanistan. According to the report, India, the current president of the Security Council, allowed the ambassador of the Ashraf Ghani government to be part of the emergency meeting. … Read more
In view of the evolving regional security situation, Saudi Chief of General Staff (CGS) has expressed ‘full support’ for Pakistan in efforts for peace in the region, while meeting Pakistan’s counterpart at the General Headquarters in Rawalpindi, according to an official statement issued on Monday. During the meeting, geo-strategic environment, security situation in Afghanistan and … Read more
LAHORE: In an unexpected move, Muhammad Aamir Jan, a grade-20 officer, has been posted as new principal secretary to Chief Minister Punjab Usman Buzdar after Tahir Khurshid was relieved from his duties as principal secretary with immediate effects on Tuesday. Tahir Khursheed, a grade-21 officer, has served as PS to CM Buzdar for around a … Read more
BEIJING: Even as battle raged across Afghanistan last week, Gwadar Port, now operated by a Chinese company, continued to ship fertilisers to the landlocked country, the Global Times learned. A total of 500 tonnes of fertilisers were shipped out of the port’s warehouse by a fleet of Pakistani trucks during the last week, a source … Read more
KARACHI: The Allied Bank Limited on Tuesday announced Rs8.88 billion as profit-after-tax for the half-year ended June 30, 2021, a bourse filing said. The bank witnessed a growth of 5 per cent, compared with the net profit of Rs8.48 billion in the same half of the last year. The bank declared earnings per share (EPS) … Read more
KARACHI: Federal Minister for Finance and Revenue Shaukat Tarin asked the ministries concerned to accelerate wheat and sugar imports and ensure that sufficient stocks are available for a smooth supply during the current financial year. He also urged the ministries concerned and Trade Corporation of Pakistan (TCP) to exercise due diligence and take appropriate measures … Read more
ISLAMABAD: The Large Scale Manufacturing (LSM) sector grew at a 16-year high of 14.85 per cent in FY 2021, a senior government official said. In a tweet, Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said that the de-industrialisation that was taking place in Pakistan has now been reversed and this … Read more
ISLAMABAD: Canada is one of the major development partners of Pakistan, and the two countries need to further strengthen business and economic linkages, a senior government official said. During a meeting with High Commissioner of Canada for Pakistan Wendy Gilmour, who called on him, Federal Minister for Finance and Revenue Shaukat Tarin said that Pakistan … Read more
KARACHI: Carrefour, owned and operated by Majid Al Futtaim in Pakistan, is offering new career opportunities to its freshly inducted graduates, with little or no experience, to develop their professional skills through an intensive four-month training programme, a statement said. The Management Trainee Programme (MTP), offered in Lahore, is geared towards developing individuals as future … Read more
GUANGZHOU: Enjoying the taste and aroma of Pakistan’s white Chaunsa Mango, one of the world’s top available varieties, the guests, including government officers and entrepreneurs tapped the Pakistan-China market potential last week at a GICC Salon in Guangzhou, the capital city of China’s Guangdong province. The event, themed “Guangzhou Overseas Market Expansion and Pakistani Mango … Read more
