Businessmen complain about poor cellular services
Urge telecom regulator to look into the matter
LAHORE/
FAISLABAD:
The Lahore Chamber of Commerce and Industry (LCCI) on Wednesday urged the Pakistan Telecommunication Authority (PTA) to look into the poor quality of services provided by cellular companies.
At a meeting with PTA Director Salman Baig, LCCI President Mian Tariq Misbah, Senior Vice President Nasir Hameed Khan and Vice President Tahir Manzoor Chaudhry said mobile phone had become an unavoidable tool for businesses but poor performance and bad services were adding to miseries of customers.
The LCCI office-bearers said businesses in Lahore were suffering because of poor or no mobile phone coverage in many areas.
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Investor anxiety mounts over prospect of stock market bubble
25 Jan, 2021 08:11 PM
5 minutes to read
Financial Times
By: Katie Martin
Screaming stock rallies and wild speculation by have-a-go amateur investors are stirring concerns among market veterans over a bubble to rival anything seen in the past century. After a dramatic rebound from the coronavirus crash last March, benchmark equity indices have toppled a series of record highs in the early days of 2021. Bitcoin, the most speculative bet of them all, has raced to new extremes. Popular stocks like Tesla continue to defy efforts at sober valuation.
Baupost Group founder Seth Klarman has warned that investors are under the misplaced impression that risk in markets has simply vanished , likening them to frogs being slowly brought to the boil. GMO co-founder Jeremy Grantham has described the rally since 2009 as an epic bubble characterised by extreme overvaluation .
ASR points out that more than 10 per cent of stocks in the US blue-chip S&P 500 benchmark are 40 per cent or more above their averages of the past 200 days â a phenomenon seen only four times in the past 35 years.âClients are increasingly worried,â said Ian Hartnett, co-founder of ASR. But, he added, rallies could just be getting started, if interest rates remain low, and fund managers feel pressure to hop on the bandwagon.
âThere is career risk in the fear of missing out,â he said. âPeople find a way to rationalise every bubble. They have to explain to a chief investment officer, or to an investment committee, why they have gone long hereâ.
Pakistan urged to develop communication services
LCCI chief complains of weak mobile signals in major markets of Lahore
APP
December 15, 2020
Planning minister pointed out that signing of framework was an important proposal but required consultation did not seem to have been carried out. PHOTO: FILE
LAHORE:
Communication has become the key to success of businesses and Pakistan should focus on developing communication services to bring them on a par with the developed world, said Lahore Chamber of Commerce and Industry (LCCI) President Mian Tariq Misbah.
Speaking to the media, after a meeting with Pakistan Telecommunication Authority (PTA) Zonal Director Salman Baig, Misbah said that PTA should direct cellular companies to improve their signal quality as customer care was the key to success. He said that weak mobile signals in major markets of Lahore were affecting businesses badly, therefore, the cellular companies and PTA needed to resolve the matter urgently. He said that