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Archive for the January 29, 2018

  • Obhartay Sitaray inter-schools singing contest held

    • News Desk
    • Jan 29th, 2018
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    The Citizens Foundation (TCF) on Saturday organized the finale of 'Obhartay Sitaray' 2018, at a local hotel where contestants were schoolgoing children brimming with the passion for music and singing. The event organisers said that

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  • Contractual system: Rabbani for early compliance of SC’s decision

    • News Desk
    • Jan 29th, 2018
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    Chairman, Senate of Pakistan, Mian Raza Rabbani here on Sunday called for urgent compliance to landmark decision of the Supreme Court (SC) against the third party contract system in public sector organizations. Addressing, as the

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  • ATC reserves verdict in Mashal Khan lynching case

    • News Desk
    • Jan 29th, 2018
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    An anti-terrorism court here has reserved its verdict in the Mashal Khan lynching case after prosecution and defence concluded their arguments in the case. ATC Judge Fazal-i-Subhan Khan set February 7 for the pronouncement of

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  • Gwadar to become region’s major commercial hub: Zhang

    • News Desk
    • Jan 29th, 2018
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    Chairman China Overseas Port Holding Company (COPHC) Zhang Baozhong on Sunday said with construction of Free Zone, the port city of Gwadar would become a big commercial hub in the region. In a media interview,

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  • ‘Trade wars in the offing’

    This is apropos a Business Recorder editorial "Trade wars in the offing" carried by the newspaper on Saturday. It argued, inter alia, that a weaker currency is generally weaker currency is regarded as an advantage

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  • Angola faces currency test in economy shake-up

    • News Desk
    • Jan 29th, 2018
    • Comments Off on Angola faces currency test in economy shake-up

    Angolan President Joao Lourenco was elected five months ago promising an "economic miracle". But the path to transforming the oil-dependent country's economy will be long and difficult - as was highlighted by anger over the

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  • In search of peace

    Everything is fair in war and hate. That seems to be the new memorandum of misunderstanding as far as regional politics in South Asia, in particular relationship between Pak/Afghan/India, are concerned. Afghanistan has been in

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  • Tax amnesty for foreign asset holders

    • News Desk
    • Jan 29th, 2018
    • Comments Off on Tax amnesty for foreign asset holders

    Prime Minister Shahid Khaqan Abbasi while addressing the Pakistan Economic Forum (PEF) organized by the Pakistan Business Council (PBC) a week ago indicated that a tax amnesty scheme, this time focused on those Pakistanis with

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  • Trump at Davos

    Perhaps sensing the sense of dread that permeated delegates at the World Economic Forum in Davos, Switzerland, US President Donald Trump surprised his critics by reaching out with a sales pitch for the US economy.

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  • Tightening of monetary policy

    The Monetary Policy Committee (MPC) of the State Bank has finally taken the decision to raise the policy rate by 25 bps to 6 percent for the next two months and the reasons given for

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