Live Breaking News & Updates on கராச்சி அறை|Page 19
Stay updated with breaking news from கராச்சி அறை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
CPEC western routes to be completed in three years CPEC Authority chairman says no power in the world can stop project Chairman China Pakistan Economic Corridor (CPEC) Authority Lt Gen (retd) Asim Saleem Bajwa. PHOTO: TWITTER/@AsimSBajwa KARACHI: The western alignment routes of the China-Pakistan Economic Corridor (CPEC) will be completed in around three years while the country is entering the second phase of CPEC that primarily focuses on agriculture and mass industrialisation, said CPEC Authority Chairman Asim Saleem Bajwa. Speaking to businessmen at the Karachi Chamber of Commerce and Industry (KCCI), he said that work on the western alignment was underway on the route from Islamabad to Dera Ismail Khan and from Dera Ismail Khan to Zhob. ....
The export-oriented industry and trade on Saturday strongly rejected the government’s announcement of a five-day Eidul Fitr holiday from May 10 to 15. Dawn/File KARACHI/LAHORE: The export-oriented industry and trade on Saturday strongly rejected the government’s announcement of a five-day Eidul Fitr holiday from May 10 to 15, claiming that the break would cause a loss of over $300 million in exports. Talking to Dawn, trade and industry leaders said the long Eid holiday – which is likely to spill over to nine days starting from May 7 and ending on May 16 – will hurt economic activity. They urged the government to withdraw its decision by squeezing the festive break to three days only. They urged the government to announce revised holidays of Eidul Fitr from May 12 to 15. ....
Say closure of factories, businesses will have serious economic and social consequences Traders and shopkeepers hold a protest demonstration on Murree Road against the publication of blasphemous cartoon in France. PHOTO: APP KARACHI: Traders and industrialists have voiced criticism against long Eid Holidays and directives for a lockdown during this period citing that closure of factories and businesses will have serious economic and social consequences. The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has rejected six days holiday for Eidul Fitr announced by the government. In a statement on Saturday, Pakistan Pharmaceutical Manufacturers Association (PPMA) former chairman Dr Kaiser Waheed stressed that the pharmaceutical industry should not be subjected to prolonged closure during Eid. ....
Smuggled low-priced Iranian goods provide some relief to consumers amid high rates of local and imported items. Dawn/File KARACHI: Smuggled low-priced Iranian goods provide some relief to consumers amid high rates of local and imported items. A huge potential for Iranian products – particularly packaged food and confectionery items – exists in Pakistan. However, sanctions on Iran by the United States coupled with lack of banking channels and other trade bottlenecks are the main hurdles in boosting legal trade between Iran and Pakistan. Stakeholders also appear a bit reluctant about revealing whether the arrival of Iranian goods is via legal or illegal channels. ....
The trade and business community of Karachi came out on the roads of Saddar on Thursday to air their grievances regarding the government’s decision of early closure of shops during Ramazan. Fahim Siddiqi/White Star KARACHI: The trade and business community of Karachi came out on the roads of Saddar on Thursday to air their grievances regarding the government’s decision of early closure of shops during Ramazan. Qais Mansoor Sheikh, chairman of the All Pakistan Caterer Decorator Event Organisers’ Association, said that he was all for allowing the shops to remain open till sehri during these days when people come out for iftar and like to roam around in the markets as they shop for Eid. “Just like our restaurants have been allowed to function by arranging outdoor seating, the shops should also be allowed to remain open till late,” he said. ....