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  • KARACHI: Governor Sindh, Muhammad Zubair receiving shield from CEO-SME Business Solution, Waliullah Khan, at Governor House, yesterday.

  • KARACHI: Group photo of President FPCCI Zubair Tufail with Shujaat Ali Baig, Dr. Murtaza Mughal, Director Sindh Information Akhter Suria, Syed Nasir Wajahat and other participants of 5th Public Relations Committee meeting held at Federation House, yesterday.

Judge throws out $417m award against Johnson & Johnson

NC Monitoring Desk LOS ANGELES: A Los Angeles judge has tossed out a $417 million jury award to a woman who claimed she developed ovarian cancer by using Johnson & Johnson baby powder for feminine hygiene. The judge on Friday granted the company a new trial, saying there were errors …

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MAP’s 19th annual convention concludes

By Commerce Reporter KARACHI: Management Association of Pakistan’s 19th Convention, the annual gathering of the corporates and business leaders from all over Pakistan was held from October 17-19, 2017 in Karachi; the lead partner for the event was Octara Private Limited. This year, 19th MAP Convention was themed “RISING WITH …

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Cellular companies paid Rs42.5 billion income tax in 5 years

ISLAMABAD: Five cellular companies operating in the country, including Zong, Ufone, Mobilink, Telenor and Warid Telecom, have paid total income tax of over Rs.42.549 billion during the last five fiscal years (2012-13 to 2016-17), official data reveals. The companies paid income tax of Rs.6,419.3 million in 2012-13, Rs.10,358.3 million in …

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UNIDO need for cleantech products

From Our Correspondent ISLAMABAD: Sheikh Amir Waheed, President, Islamabad Chamber of Commerce and Industry said that aspiring entrepreneurs should focus on innovative cleantech products to maximize business growth and achieve sustainable progress in business field. He was addressing as chief guest the “Business Clinic” organized by UNIDO in collaboration with …

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Rs80bln irregularities unearthed in Punjab’s 56 companies

From Our Correspondent LAHORE: Financial irregularities worth over Rs80 bn in financial matters of 56 companies formed by Punjab government, claimed a local news channel yesterday. As per details garnered, Punjab govt had constituted 56 companies under guise of good governance and registered them under Article-42 of Companies Ordinance 1984. …

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Finance Ministry denies external debt increase

FOREX RESERVES HEALTHY  From Our Correspondent ISLAMABAD: Finance Ministry spokesman in a rare statement yesterday said that country’s foreign exchange reserves are healthy while there was no increase in external debt liability of the country in absolute terms. Refuting news reports carried by a section of press that “Government takes …

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EFP to get Rs2.5mln


TRANSLATION OF OSH MODULE IN SINDHI  By Commerce Reporter KARACHI: Syed Nasir Hussain Shah, Minister for Labour, Information and Transport announced financial assistance of Rupees 2.5mln to Employers Federation of Pakistan for its project of translating OSH module in Sindhi. He was addressing the annual award ceremony of EFP as …

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K-Electric declared ‘Employer of the Year 2016’


KARACHI: K-Electric secured the 1st position in the category of “Large National Companies” by the Employers’ Federation of Pakistan (EFP) at the 5th Employer of the Year Award 2016 held at a local hotel here. EFP conferred the award in recognition of K-Electric’s best practices in HR Management practices, Health …

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WB lauds Pakistan for improved economy


From Our Correspondent ISLAMABAD: Interior Minister Ahsan Iqbal says World Bank has praised Pakistan for improved economic condition if the political stability prevails in the country.  Talking to a delegation of students here yesterday, the Ahsan said an international journal has recently included Pakistan in five rising economies of the …

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