Apropos the rumors circulating on social media regarding discontinuation of Rs.5000 banknote, SBP categorically rejects all such rumors and requests the general public to pay no heed to such disinformation.

It is further clarified that SBP Act, 1956 clearly defines the roles and responsibilities of different institutions including SBP for issuance, circulation and demonetization or cancellation of banknotes.

A ceremony of distribution of service awards was held yesterday at Al-Rabia Hamdard Factory, Karachi, in which forty (40) Service Awards and gold medals were given to Hamdard’s workers who crossed the limit of 20 years’ service in Hamdard Laboratories (Waqf) Pakistan.

Arts council of Pakistan Karachi organized an event on Sunday 9 September 2018 in the memory of “Mushtaq Ahmed Yousafi”. Zia Muhiud Din presented the writing of Mushtaq Ahmed Yousafi.President of Arts council Pakistan Karachi Ahmed Shah said that we are living in the era of Mushtaq Ahmed Yousafi.

Students of Usman Institute of Technology (UIT) exhibited their talent through their final year projects at an exhibition and job fair 2018 organised at the institute on Saturday. The exhibition provided a platform to students of engineering and information technology to showcase their projects they had been working on during their final semester.

According to a notification issued by the Senate Secretariat, the second meeting of special committee on decline in tax collection from tobacco sector would be held on September 12 at the Parliament House. The committee has been set up with the mandate to ascertain reasons for decline in tax collection from the tobacco sector, and its maiden session was held earlier in August.

Overseas Pakistani workers remitted US$ 3966.53 million in the first two months (July to August) of FY19, showing a growth of 13.45% compared with US$ 3496.13 million received during the same period in the preceding year. During August 2018, the inflow of worker’s remittances amounted to US$ 2037.33 million, which is 5.60% higher than July 2018 and 4.24% higher than August 2017.

Prime Minister Imran Khan emphasizing the urgency of building Diamer Bhasha and Mohmand dams on Monday said he might supervise the dams project himself. He said this during a meeting with Chairman Water and Power Development Authority (WAPDA) Lt Gen (R) Muzammil Hussain at the Prime Minister Office.

Federal Secretary Communications Mr. Shoaib Ahmed Siddiqui on Monday inaugurated the “Plantation for Pakistan campaign” of the ministry at National Transport Research Centre (NTRC) by planting a sampling of araucaria excelsa. He nominated NTRC Chief Sajjad Afzal Afridi as the focal person of the campaign of the ministry in the country.

Pakistan Federation of Chambers of Commerce and Industry (FPCCI) and Bahria Foundation (BF) have signed an agreement to establish a cooperative relationship in facilitating and advancing economic commercial activities to promote Pakistan’s trade for socio-economic prosperity.

The purpose of this MoU is to create Industry-Navy Linkages to promote industry driven programs and plans for economic development and promotion of In-Land Water Ways Transportation.

Engro Foods from Pakistan has been awarded the Commonwealth Company of the Year Award from the Commonwealth Businesswomen’s Network. The award recognises a company that has had a significant impact on women’s economic empowerment in the organisation and the wider community.