Monday, May 15th, 2023
US dollar on the back foot against Pakistani rupee
KARACHI, MAY 15 (DNA) — As the political temperature is hard to go down, the local currency has become the worst target of volatility in the money market, as the Pakistani rupee shed 67 paisas in its value as the trading started in the interbank on Monday. However, within hours the rupee was able to turn the tide against the US dollar. According to data received from the money dealers, the Pakistani rupee depreciated during early trading session today, making the US dollar to gain 67 paisas in itsRead More
Iqra University’s PhD scholar successfully defended his PhD Dissertation
KARACHI, MAY 15 (DNA) — Iqra University’s Faculty of Business Administration PhD Scholar Mr. Ahmed Salman Abbasi’s public defence was successfully held on May 13, 2023 at Iqra University’s main campus. Dr Wasim Qazi, President and Vice Chancellor, Iqra University highlighted the importance of applied research and emphasized that scholars must focus on the current economic problems of Pakistan to provide long term solutions. Abbasi defended his doctoral dissertation titled Linking Leadership Styles & Employees Knowledge Hiding Behavior: An Interplay of Trust and Commitment" in the field ofRead More
Stakeholders must put joint efforts to end current political & economic crisis
DNA Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged stakeholders to put joint efforts to end the current political and economic crisis. The business community is deeply worried about the current political uncertainty and economic crisis. RCCI President Saqib Rafiq while addressing an important meeting at chamber house said, “We strongly believe that the economic situation of the country will improve only when there is political stability”. During the meeting deep concern was expressed about the current situation. Group Leader Sohail Altaf, Senior Vice President Muhammad HamzaRead More
Ambassador of Kazakhstan calls on Chairman FBR
ISLAMABAD, May 15 (DNA): Ambassador of Kazakhstan to Pakistan Yerzhan Kistafin Monday called on Chairman Federal Board of Revenue (FBR) Asim Ahmad and discussed matters of mutual interest pertaining to cooperation in Customs. According to the FBR statement issued here, the meeting also discussed the matters of trade facilitation and regional connectivity. Mutual satisfaction was expressed over the Pakistan-Kazakhstan Mutual Administrative Assistance Agreement in Customs matters, which is in final stages of execution. Asim Ahmad assured that maximum facilitation will be extended to Kazakhstani businessmen intending to invest in Pakistan.Read More
2nd Int’l Forum on Poverty Reduction to be held in Tashkent
Experts will consider the best methods of eradicating poverty and the results of Uzbekistan’s achievements, including their effectiveness, in order to further expansion of the acquired experience to developing countries. Tashkent, /DNA/ – On May 18, 2023, the Hilton Tashkent City Hotel will host the 2nd International Forum “Implementing Best Practices in Poverty Reduction”. This year, the Forum is organized by the Center for Economic Research and Reforms (CERR) together with the Ministry of Employment and Poverty Reduction of the Republic of Uzbekistan. The Forum is organized with the supportRead More
CDA Board Members assure to start development works in markets
Islamabad, MAY 15: /DNA/ – Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry leading a delegation held a meeting with CDA Board Members and discussed with them the matters of starting development work in markets in Islamabad. CDA Member Planning & Design Waseem Hayat Bajwa presided over the meeting. CDA Member Finance Syed Mazhar Hussain Shah, Member Engineering Syed Munawar Shah, Member Environment Captain (Retd) Anwaar Haq, Deputy Director General Enforcement Shah Jahan, Director Municipal Administration Yasir Farhad and Head Finance Mian Tariq Latif were present in theRead More