Business
MR. YAKOOB H. KARIM HAS BEEN ELECTED UNOPPOSED ANDHAS TAKEN CHARGE AS PRESIDENT OF HUB CHAMBER OF COMMERCE & INDUSTRY
Karachi: 1 October 2024, The Hub Chamber of Commerce & Industry in a Press Release issued here today announced that Mr Yakoob H. Karim, Mr Mohammad Younus Dagha and Mr Irfan Amanullah have been elected unopposed for the offices of President, Senior Vice President and Vice President respectively and have taken the charge of their…
Pakistan’s Inflation Hits 44-Month Low, CPI Falls to 6.9% Year-on-Year
Islamabad, October 1, 2024 – Pakistan’s Consumer Price Index (CPI) has dropped to 6.9% year-on-year in September, marking the lowest inflation rate in 44 months. This decline brings relief to consumers and businesses following prolonged inflationary pressures that have impacted household budgets and production costs. Several factors have contributed to this disinflationary trend. A high…
Govt initiated MTBs buyback operation
Karachi: 30 September 2024, In an unprecedented move, the Government of Pakistan has initiated Monday a T-Bill buyback program, repurchasing PKR 351bn worth of T-bills against a target of PKR 500bn. This bold move is expected to strategically reprofile the government’s debt, transitioning towards longer maturities while lowering the burden of debt servicing costs. While…
PRIVATIZATION SHOULD BE COMPETITIVE & SUCCESSFUL: A. ALEEM KHAN225TH MEETING OF PCB
Islamabad: 30 September 2024, In the important meeting of the Privatization Commission Board under the chairmanship of Federal Minister for Privatization, Board of Investments & Communications Abdul Aleem Khan, it has been decided to form a Negotiating Committee for the privatization of institutions. Federal Minister for Privatization Abdul Aleem Khan has directed that the process…
Abdul Samad Budhani Elected Chairman of PCDA
KARACHI, September 30, 2024: Abdul Samad Memon (Budhani) has been elected unopposed as the Chairman of the Pakistan Chemists and Druggists Association (PCDA) for the 2024-2026 term. The announcement was made by the PCDA Election Committee following a smooth and uncontested election process. In addition to Abdul Samad Budhani’s appointment, the members have also elected…