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Ilma University recognizes & rewards high achievers with national/international awards

With this visionary step forward, Ilma University has diversified the recognition category to encompass the extraordinary accomplishments in all fields. Talent knows no bounds and this has been displayed exceptionally well with the University in the forefront to reward all those individuals including students, alumni, faculty and seasoned professionals who have done wonders in academic as well professional areas.

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Zong 4G launches special offer for Malakand Division

In line with its mission to empower masses through digital inclusion, Pakistan’s top telecom and digital services provider, Zong 4G, has introduced a special customized connectivity offer for Zong 4G customers in Malakand Division.

Through the offer, Zong 4G customers in the Malakand Division will be able to enjoy 150 all-network minutes, 1,000 MB data, and 1,000 SMSs for a week at the cost of PKR 150 only.

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IMC resumes double shift operations

“Auto sector foresees a promising future and to be the biggest contributor to the Government’s macroeconomic goals, provided, a predictable and long term auto policy is in place,” said Chief Executive IMC Ali Asghar Jamali.

“Being the largest manufacturing industry, the whole auto sector plunged into a deep crisis during the nationwide lockdown by dint of COVID-19,” he pointed out.

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PSX index slides by 82pts

Market opened on a positive note today with +89pts and added a total of 389pts during the session. Concerns over political uncertainty, especially alliance of opposition parties for demonstration and protest scheduled against the Government for tomorrow, brought the index down by 82pts (unadjusted) by the end of session.

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ANF trying hard to facilitate traders at ports

Deputy Director/ In-charge, Port Control Unit, Anti-Narcotics Force (ANF) Karachi Muhammad Ayub has said that ANF was trying its best to facilitate the exporters and importers by reducing the number withheld containers. Besides at the same time, no compromise was being made on the performance which can be gauged from the fact that number of containers put on hold has been reduced to just 1.14 percent while 11 seizures were also done at all ports in 2020 by the ANF in which huge quantities of opium, hashish, ice, Xanax tablets and other illicit drugs were seized.

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Pakistan’s reserves decreased by US$ 356 million

The total liquid foreign reserves held by the country stood at US$ 19,015.5 million on 09-October-2020.The break-up of the foreign reserves position is as under:-

  1. Foreign reserves held by the State Bank of Pakistan: US$ 11,798.4 million
  2. Net foreign reserves held by commercial banks : US$ 7,217.1 million
  3. Total liquid foreign reserves             : US$ 19,015.5 million

During the week ended 09-October-2020, SBP made external debt repayment of US$ 507 million.

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KPT updates

The Karachi Port Trust handled 175,864 tons of cargo comprising 123,805 tones of import cargo and 52,059 tons of export cargo during last 24 Hrs ending at 0700 Hours on Friday.

TOTAL IMPORT CARGO:

The total import cargo of 123,805 tons comprised of 62,650 tons of Containerized Cargo, 7,392 tons of Bulk Cargo, 6,655 tons of Wheat and 47,108 tons of Oil/ Liquid cargo.

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