Sunday, July 5th, 2020
$37b S. Asia trade potential cannot be exploited due to Indian aggression on LoC: APBF
Maaz Mahmood urges world community to accord serious attention to HR violation in Occupied Kashmir Lahore: The All Pakistan Business Forum President Syed Maaz Mahmood has urged the international community to accord serious attention to the violation of human rights in Occupied Kashmir, as consistent Indian attempts to escalate the situation along the LoC is a major hurdle to exploit the two countries’ bilateral trade potential of $37 billion and prosperity of the subcontinent. Since August 2019, the formal trade between the two countries, estimated at $2 billion through formalRead More
FEBR recommends SBP to slash interest rate to 5% gradually
DNA ISLAMABAD, JULY 05 : The Friends of Business and Economic Reforms president Kashif Anwar on Sunday lauded the recent move of the central bank to slash interest rate by another one percent, recommending it to curtail it 5 percent gradually, besides directing the commercial banks to implement the government’s soft loaning for the revival of small and medium sized industry in its true spirit. In an open letter, written to the State Bank of Pakistan governor Reza Baqir, he asked to restrict the commercial banks to adjust KIBOR onRead More
18th Amendment can be improved with a review: President Alvi
ISLAMABAD: President Arif Alvi has said the 18th amendment which gives power to the provinces, a law and just like any other law, can be reviewed and changed. The president was speaking in an interview on Sunday where he that said that talks between the federal government and provinces have taken place on the issue between the federation and provinces. “There are always disagreements and differences between the government and the provinces. These have been there since independence. The 18th amendment is a law and just like any other law,Read More
Multan to have ‘functional secretariat’ with ACS: FM Qureshi
MULTAN: Foreign Minister Shah Mahmood Qureshi in a tweet on Sunday said there will be a functional secretariat in Multan with the additional chief secretary (ACS) attending his office there three days a week. “Multan will not be ignored in administrative arrangement of South Punjab,” he said. Foreign Minister Qureshi said the ruling Pakistan Tehreek-e-Insaf has made “tangible progress” in terms of fulfillment of manifesto commitments and will facilitate the people of South Punjab at their doorstep. Earlier, on July 2, the foreign minister had expressed gratitude to Prime MinisterRead More
Coronavirus kills 93 more people, infects 3,191 in past 24 hours
ISLAMABAD: The novel coronavirus (COVID-19) claimed 93 more lives in the country in the past 24 hours, taking the death toll to 4,712. According to the National Command and Operation Centre (NCOC), 3,191 new infections were detected after 25,527 tests were conducted in the previous 24 hours, taking the national tally of cases to 228,474 More than 1.3 million tests have been conducted in the country while 93,932 COVID-19 patients are undergoing treatment and 129,830 patients have recuperated from the disease. 92,306 cases have been detected in Sindh so far,Read More