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  • ISLAMABAD: Secretary Ministry of Commerce Mohammad Younus Dagha in the 7th Session of Pakistan Australia Joint Trade Committee, held on December ‘4, in Canberra, Australia.

CS urges for efforts to enhance trade volume

By Commerce Reporter KARACHI: Sindh Chief Secretary has urged the economic development institutions to make concerted efforts for enhancing the business volume. He was presiding over a meeting for ‘ease of doing business’ with specific reference to World Bank report, says a statement here yesterday. Chief Secretary said that no …

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Inflation up by 4pc due to hike in food, non-food prices

Inflation-up

From Our Correspondent ISLAMABAD: The pace of increase in prices picked up again in November 2017 and the overall inflation rate advanced 4% following rise in rates of both food and non-food items, said Pakistan Bureau of Statistics (PBS) yesterday. Measured by the Consumer Price Index (CPI), the inflation had …

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Pak first LNG terminal receives 120 shipments

By Commerce Reporter KARACHI: Pakistan’s first Liquefied Natural Gas (LNG) energy terminal has received 120 shipments and injected 7.4 million tonnes LNG in the national transmission network since start of its operations, saving  $1.2 billion per year in the national kitty. “Established by Engro Pakistan, the plant was completed in …

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Private sector role vital for CPEC: Ahsan Iqbal

Bus1

ISLAMABAD: Minister for Interior, Ahsan Iqbal yesterday said private sector has to play role of an engine of growth under China Pakistan Economic Corridor (CPEC), framework attracting foreign investors and seeking joint ventures through multiple opportunities. Work on CPEC projects was successfully underway as this project was game changer for …

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Once again sweep apex body’s elections: SM Muneer

UBG’S MANIFESTO CAN RESOLVE TRADER’S ISSUES: MALIK By Commerce Reporter KARACHI: Chairman United Business Group (UBG) of FPCCI Iftekhar Ali Malik has said that UBG’s manifesto is to address traders’ issues and to put forward recommendations for economic reform to the government. “Our group will again sweep the apex body’s …

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PSX falls below 40,000 mark

PSX-falls

By Commerce Reporter KARACHI: The Pakistan Stock Exchange (PSX) closed slightly lower yesterday, with the benchmark KSE-100 losing 104 points to fall below the 40,000-mark again. The index recorded a day’s high of 40,085 points and a low of 39,892 before closing at 39,945 points. Of the 354 traded scrips, …

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CCTV cameras installed in KU

By Staff Reporter KARACHI: Vice Chancellor-Karachi University, Professor Dr. Muhammad Ajmal Khan visited all the gates, entry/exit points and boundary wall of the university, he was briefed about the security situation and CCTV cameras installed on different places and boundary walls of the university. He instructed to ensure fool proof …

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Senate body on SAFRON recommends hiring staff in FATA

Senate-body

ISLAMABAD: Senate Standing Committee on States and Frontier Regions (SAFRON) yesterday recommended to fulfill all the vacant posts in the finance department of Federally Administrated Tribal Area (FATA) as soon as possible. The Committee said that finance department is a backbone of the institution and with the lack of manpower …

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PTA to introduce DIRBS system for mobile phones

PTA-to-introduce

From Our Correspondent ISLAMABAD: Pakistan Telecommunication Authority (PTA) is set to introduce ‘Device Identification, Registration and Blocking System’ (DIRBS) for the blocking of smuggled, illegal and stolen mobile handsets including tablets. With advent of 3G/4G data services in April 2014, smartphone penetration/adoption has surged resulting in inundation of smartphones, tablets …

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