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Home-based workers still poorest of the poor

Karachi, December 26, 2019: To earn more profit margins, factory work is being diverted to home-work sector. Every year the number of home-based workers increases by at least 5 percent in Pakistan; whereas the home-based work thrives but the home-based workers are still amongst the poorest of the poor, said speakers of a press conference…

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PSX index closed at an increase of 800pts

Karachi, December 26, 2019: Market moved up significantly by 820 points, primarily due to year-end closing that requires financial institutions to manage the equity portfolios to avoid impairments. Buying activity was observed across the board, but focusing on Oil & Gas chain, including E&P sector stocks that showed OGDC trading near upper circuit. Similarly, price…

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Curtailment in gas supply By 50pc is life-threatening for export-oriented textile industries

Karachi, December 26, 2019: Mr. Zahid Mazhar, Chairman, All Pakistan Textile Mills Association (APTMA), Sindh-Baluchistan Region has demanded the government to restore full supply of gas to the industries located in the province of Sindh and Balochistan as the industries in these provinces can’t operate and fulfill their export commitments at 50 percent load supply….

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China Southern Airlines starts Guangzhou-Kunming-Islamabad flights

Beijing, December 26, 2019: China Southern Airlines has started flight operation between Guangzhou-Kunming-Islamabad with the first flight CZ6071 left from Kunming to Islamabad. The airlines organized the Guangzhou-Kunming-Islamabad route inaugural ceremony at Kunming Changshui International Airport, China News Network reported on Thursday. After the sailing ceremony, the first flight CZ6071departed from Kunming on time at…

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