SIALKOT
Chairman PGMEA Muhammad Ejaz Ch. presenting a shield to Jeremy Wang- Country Manager Pakistan Alibaba.com from China
SIALKOT
SIFC Apex Committee focuses on ways to improve business environment
ISLAMABAD, Sep 8 (APP):The fifth meeting of the Special Investment Facilitation Council’s (SIFC) Apex Committee held here on Friday with a special focus to improve the overall business and investment environment in the country being imperative for ‘economic revival’.
The meeting was chaired by Caretaker Prime Minister Anwaar-ul-Haq Kakar and attended by Chief of Army Staff, Federal Cabinet members, provincial chief ministers and high-level government officials.
The ministries concerned presented their plans/roadmaps to overcome the macroeconomic challenges, governance related impediments and voids in regulatory mechanisms in a bid to attract both foreign and domestic investment, and stimulate economic growth.
The committee deliberated upon various measures to be taken in short, medium and long terms to reap the envisaged dividends. Various practical steps were approved by the prime minister that will be operationalized as soon as possible.
The prime minister asked the ministries to deliver optimal results irrespective of the time that was available with the caretaker government and emphasized to lay a strong foundation for the future government.
Balochistan CM directs to enhance scope of inquiry against corruption in govt sectors
QUETTA, Sep 08 (APP): Balochistan Caretaker Chief Minister Mir Ali Mardan Khan Domki here on Friday instructed to enhance the scope of inquiry against corruption and financial irregularities in the government departments.
Balochistan cannot afford corruption and wastage in the use of public resources, he said while chairing a performance review meeting of Balochistan Anti-Corruption Establishment.
The meeting was attended by Chief Secretary Shakeel Qadir Khan and other concerned officials.
Secretary S&GA Babar Khan and DG Sohail Anwar Hashmi briefed the meeting on the occasion.
The caretaker chief minister clarified that during the caretaker regime, there would be zero tolerance for corruption and the financial corruption in Balochistan must be eradicated.
The chief minister directed that departments and institutions should improve their financial affairs and correct irregularities.
“In Balochistan, the concept of punishment will be put into practice”, he said and added that good officers should be encouraged and immediate action would be taken against officers and officials involved in corruption with the aim to make Balochistan a corruption free province.
The CM said that due to lack of action against the officials involved in malpractices and financial irregularities, it was important to identify the black sheep in the government departments. He said that corrupt elements were darkening the future of Balochistan.
During the meeting, it was decided to make the anti-corruption organization more dynamic and active. There is need to make this institution on modern lines where experts from other departments will be brought on deputation.
It also gave instruction to the sitting body to immediately deal with the cases under investigation by taking the details of the completed projects from the Planning and Development Department.
It was also decided that investigations would be initiated against those who have stolen money from the public through fake housing schemes.
A large number of Hindu community members are joyfully celebrating the Ramakrishna festival on the banks of the Indus River
HYDERABAD
HYDERABAD
HYDERABAD
HYDERABAD
Governor Punjab Muhammad Balighur Rehman presiding over the 50th meeting of the Senate of University of Agriculture Faisalabad (UAF)
FAISALABAD
SAPM announce increases in pension
ISLAMABAD, Sep 8 (APP): Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis & Human Resource Development Jawad Sohrab Malik on Friday announced an increase in Employees’ Old-Age Benefits Institution (EOBI) pension amount by 17% from the previous Rs 8,500 to Rs. 10,000, effective from July 2023.
The SAPM announced the development on X(previously known as Twitter). He said the substantial increase in pension benefits, aimed at enhancing the financial well-being of pensioners, has been eagerly awaited by hundreds of thousands of individuals who rely on their EOBI pensions for their livelihoods.
The adjustment reflects the government’s commitment to supporting its retired citizens and ensuring their financial security in their golden years.
The notification issued by the EOBI specifies that this increase will apply to pensions received on and after July 2023. Moreover, to alleviate any financial concerns arising from the delay in implementing this adjustment, the EOBI has taken the commendable step of disbursing the increased amount, along with arrears for the months of July and August 2023, starting from September 2023.
Malik said the announcement not only serves as a testament to the Government’s dedication to the welfare of its citizens but also provides much-needed relief to countless pensioners who have long anticipated this welcome change.
A vendor is selling carpets at a roadside stall
BAHAWALPUR
A vendor is selling wallets, watches, and footballs at a roadside stall
BAHAWALPUR
PSX turns around, gains 256 points
ISLAMABAD, Sep 08 (APP):The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday and gained 256.25 points, showing growth of 0.56 percent, closing at 46,013.49 points against 45,757.24 points the previous trading day.
A total of 149,572,246 shares were traded during the day as compared to 177,062,657 shares, whereas the trading value of shares was recorded at Rs 5.551 billion against Rs 7.581 billion on the last trading day.
As many as 312 companies transacted their shares in the stock market; 166 of them recorded gains and 115 sustained losses, whereas the share price of 31 companies remained unchanged.
The three top-trading companies were TPL Properties with 11,949,265 shares at Rs 12.72 per share; WorldCall Telecom with 11,039,918 shares at Rs 1.17 per share and Bank Al-Falah with 9,272,484 shares at Rs 40.82 per share.
Nestle Pakistan witnessed a maximum increase of Rs 100.00 per share price, closing at Rs 7,100.00, whereas the runner-up was Mehmood Textile with Rs 43.13 rise in its per share price to Rs 618.13.
Rafhan Maize XD witnessed a maximum decrease of Rs 150.00 per share closing at Rs 7,850.00; followed by Indus Motor Company with Rs 12.30 decline to close at Rs 944.97.
Senator Rana Mahmood ul Hassan, Convener Senate Special Committee/ Working Group to Streamline Holding of Mango Festival in Urumqi, Xinjiang, China, presiding over a meeting of the Senate Special Committee at Parliament House
ISLAMABAD