An MPhil seminar titled ‘A Study of Consumer Behaviour in Mobile Phone Markets in Pakistan: A Case Study of Sukkur and Khairpur Districts’ was held on Thursday at the Commerce and Business…
The State Bank of Pakistan (SBP) has increased the Statutory Liquidity Requirement (SLR) for Islamic banks by five percent to 19 percent. The increase would come into effect from June 03 this…
LONDON – Wimbledon’s singles champions will benefit from a prize money rise taking their earnings to £1.1 million ($2.9 million) at the 2011 Championships, organisers announced on Tuesday. If men’s champion Rafael Nadal and women’s winner Serena Williams successfully defend the titles they won last year they will bank a cheque that represents a 10 percent rise of £100,000 on the £1 million prize awarded 12 months ago. Although the rest of the world continues to endure tough times as
ISLAMABAD – Minister for Commerce Amin Fahim on Friday apprised the National Assembly that Pakistan’s exports had exhibited a tremendous upsurge in 2010-11 (July-March) and touched $17.799 billion compared to $14.072 billion in the corresponding period of last year.
“Our exports have registered an increase of 26.5 percent in the year 2010-11”, he said in reply to a question asked by Mian Marghoob Ahmad of PML-N during the question-hour session. He said that since March 2008 till
KARACHI – In a move to pressure the Sindh government into allowing a four-rupee raise in public transport fares, city transporters have threatened to initiate a wheel-jam strike from Monday, April 11, till such time that all their demands are met.
The KTI would soon forward a summary seeking an increase of at least Rs 4 per seat by Sunday, transporters decided at a meeting on Monday of the larger transporters’ organization – Karachi Transport Ittehad (KTI) – at its head-office.
ISLAMABAD – The Liquid Petroleum Gas (LPG) Dealers Association has increased the price of LPG by Rs 4 per kilogram, which would come into force with immediate effect.
The spokesman of LPG dealers association told Online that the price was enhanced because of increase in rates in international market which he said had mounted by 40 to 45 USD per 100 kg. He said that global rates of LPG were linked to Saudi market where the prices shot up to 45 USD per 1000 kg.
He said that
LAHORE – The Transport Association increased bus fares by 15 percent following the increase in petrol prices.
Punjab secretary general of the All Pakistan Transport Owners Federation and Urban Transport Owners Association, Arshad Khan announced that the inter-city buses and wagon fares have been increased due to the escalating petrol prices and the new fares .
He said that the operation of buses at old rates was not feasible after the government had increased diesel prices
KARACHI – The Karachi Electric Supply Company (KESC) has increased load shedding to up to eight hours due to, what the company claims, shortage of gas for running its electricity generating plants, sources have informed Pakistan Today. Moreover, the Sui Southern Gas Company (SSGC) would be receiving 60 percent less gas from one of its major gas fields, causing the KESC to face further shortage of gas and, consequently, multiplying the sufferings of the people of Karachi.
ISLAMABAD: The Standing Committee of the Senate on States and Frontier Regions (SAFRON) has said that it would recommend to the government that compensation amount, being paid to the families of the Levies force’s martyred soldiers, should be increased as the current compensation amount of Rs 200, 000 was not enough for them.
The committee meeting held on Friday also said that it would make recommendations for an increase in the compensation amount and recruitment of local people
KARACHI – An IMC spokesman, while reacting to statements from some analysts and government officials that Indus Motors Company (IMC) has massively increased prices of its vehicles during the past two years, said that facts are being distorted which is causing an irreparable damage to the local industry.
In a statement, an IMC spokesman said that IMC has increased its prices by only seven percent during the last two years (Jan 09 till Dec 10). He stated that reasons for an
MUSCAT – An increased Omani investment was sought by Prime Minister Yusuf Raza Gilani in Pakistan’s energy, telecom and agro-based industries beside an early finalisation of a free trade agreement with the six-member Gulf Cooperation Council (GCC) during a meeting with Oman’s Deputy Prime Minister for Cabinet Affairs Fahd bin Mahmud Al Sai’d.
Bilateral relations, economic cooperation, trade, commerce and investment were discussed in a meeting attended by Foreign Minister Shah