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KSE-100 index jumps over 900 points in intra-day trading

Market watch: Stocks kick off 2021 with impressive rally
Benchmark KSE-100 index advances 679.42 points to settle at 44,434.80
PHOTO: AFP
KARACHI:
The stock market began the new year on a positive note on Friday and surpassed the 44,000-point barrier, continuing the momentum from the last few days of December.
The benchmark KSE-100 index, while maintaining its upward march, made a strong advance as investors cheered encouraging inflation data for December. The Consumer Price Index (CPI) was calculated at 8% for December 2020 compared to 8.3% in November 2020, according to the Pakistan Bureau of Statistics.
The uptrend was further fuelled by a rally in regional and global markets coupled with progress on settling the circular debt issue. ....

Muzammil Aslam , Khurram Schehzad , Capital Managing Director Muzammil Aslam , Prime Minister Imran Khan , முஜம்மில் அஸ்லம் , மூலதனம் நிர்வகித்தல் இயக்குனர் முஜம்மில் அஸ்லம் , ப்ரைம் அமைச்சர் இம்ரான் காந் ,

Sindh Govt Suggests a 20% Increase in Minimum Wage

Sindh Govt Suggests a 20% Increase in Minimum Wage
The Sindh Minimum Wages Board has proposed a 20 percent increase in the minimum wage. At a board meeting that presided over the minimum wage segment, the participants made the decision to increase the minimum wage, keeping in view the the struggles of the country’s cash-strapped economy.
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The participants considered numerous economic struggles currently on the rise in Pakistan. Their discussion revolved around aspects such as high inflation rate, price-hike in basic commodities, rise in pay of government employees in the budget for 2020-2021, and the capacity of employers to pay wages. ....

Ismail Suttar , Muzammil Aslam , Karamat Ali , Employer Federation Of Pakistan , Pakistan Institute Of Labor Education , Sindh Minimum Wages Board , Employer Federation , Labor Education , Executive Director Karamat Ali , முஜம்மில் அஸ்லம் , கரமத் அலி , முதலாளி கூட்டமைப்பு ஆஃப் பாக்கிஸ்தான் , பாக்கிஸ்தான் நிறுவனம் ஆஃப் தொழிலாளர் கல்வி , சிந்த் குறைந்தபட்சம் ஊதியங்கள் பலகை , முதலாளி கூட்டமைப்பு , தொழிலாளர் கல்வி , நிர்வாகி இயக்குனர் கரமத் அலி ,

Sindh proposes 20% wage increase | The Express Tribune

Sindh proposes 20% wage increase
Proposal to raise minimum wage evokes mixed reaction
KARACHI:
The minimum wages board of the government of Sindh has proposed a 20% increase in the minimum wage.
“After detailed deliberations, the board unanimously approved recommendation of 20% increase in the minimum wage of all categories of workers in respect of 42 industries,” said minutes of a meeting of the minimum wages board held earlier this month.
The board made the decision keeping in view the high inflation rate, hike in prices of basic commodities, rise in pay of government employees in the budget for 2020-21 and the capacity of employers to pay wages. ....

Ismail Suttar , Muzammil Aslam , Karamat Ali , Zaki Ahmed Khan , Employer Federation Of Pakistan , Pakistan Institute Of Labour Education , Employer Federation , President Ismail Suttar , President Zaki Ahmed Khan , Labour Education , Executive Director Karamat Ali , முஜம்மில் அஸ்லம் , கரமத் அலி , முதலாளி கூட்டமைப்பு ஆஃப் பாக்கிஸ்தான் , பாக்கிஸ்தான் நிறுவனம் ஆஃப் தொழிலாளர் கல்வி , முதலாளி கூட்டமைப்பு , தொழிலாளர் கல்வி , நிர்வாகி இயக்குனர் கரமத் அலி ,

RDA may attract $1.5b in 6 months | The Express Tribune

RDA may attract $1.5b in 6 months
Non-resident Pakistanis deposited largest amount of $7.7m in a day on Wednesday
Liquid foreign currency reserves held by the country stood at $20,402.4 million.. PHOTO: FILE
The Roshan Digital Account (RDA) initiative, which provides overseas Pakistanis with investment opportunities in areas like saving certificates, stock market and property, is expected to attract $1-1.5 billion over the next six months and build the country’s foreign currency reserves.
The State Bank of Pakistan (SBP) reported that non-resident citizens deposited the largest amount of $7.7 million in a day on Wednesday in their RDA at banks operating in Pakistan. With this, their total deposits grew to $139.4 million in the past three months. Prime Minister Imran Khan had launched the initiative in September 2020. Over 50,000 overseas Pakistanis have so far opened the accounts in eight Shariah-compliant and conventional banks. ....

Murtaza Syed , Muzammil Aslam , Imran Khan , Pakistan Stock Exchange , Kuwait Investment Company , Head Of Research Samiullah Tariq , Roshan Digital Account , State Bank , Minister Imran Khan , Naya Pakistan , Governor Murtaza Syed , Research Samiullah Tariq , Capital Advisers , முர்தஜ சையத் , முஜம்மில் அஸ்லம் , இம்ரான் காந் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , குவைத் முதலீடு நிறுவனம் , தலை ஆஃப் ஆராய்ச்சி சாமிிுள்லாஹ் தாரிக் , ரோஷன் டிஜிட்டல் எண்ணுதல் , நிலை வங்கி , அமைச்சர் இம்ரான் காந் , நயா பாக்கிஸ்தான் , கவர்னர் முர்தஜ சையத் , ஆராய்ச்சி சாமிிுள்லாஹ் தாரிக் ,

Remittances remain above $2b for sixth month in a row: PM Imran

Announces 'good news for economy', says remittances rose to $2.34b in previous month, according to SBP ....

Muzammil Aslam , Imran Khan Imrankhan , Financial Action Task Force , Pakistan Remittances Initiative , Minister Imran Khan , State Bank , Imran Khan , Tangent Capital Advisers , முஜம்மில் அஸ்லம் , நிதி நடவடிக்கை பணி படை , அமைச்சர் இம்ரான் காந் , நிலை வங்கி , இம்ரான் காந் ,