Karachi Fun Festival, Schedules from Sept 28 in Karachi

“Karachi Fun Festival” an occasion for all has been arranged on the 28th & 29th of September in Karachi. Cultural festivities are the veins of Karachi which is actually a way to somewhat relax the people of Karachi from the daily hustles of life and this positive image that we all see is due to the tireless efforts of the electronic and print media.

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Ten thousand people will be inducted in police

Additional Inspector General Sindh Police Ghulam Nabi Memon said that 60 pc of street crimes were committed by drug addicts to address this issue police will establish 12 rehabilitation Centers in the city. He was addressing a gathering of industrialist at Korangi Association of Trade &Industry (KATI) on Friday.

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Event to express solidarity with the Women in Indian Occupied Jammu & Kashmir held in Ankara

An event entitled”Respect and Dignity of Women in Indian Occupied Jammu & Kashmir”was organized by the Embassy of Pakistan in Ankara today to express solidarity with the resilient women of Indian Occupied Jammu & Kashmir. The event was attended by a large number of Turkish and Pakistani community, students as well as media representatives.

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PSX: Market Review for the week

The outgoing week saw uplift in sentiments from previous week amid encouraging newsflow on the economic front. The week kicked off on a positive note with Monetary Policy Committee (MPC) announcement of status quo on Policy Rate and decline in Current Account Deficit (CAD) by 55% for 2MFY20, and increase in forex reserves by USD146mn on weekly basis.

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FPCCI laments government economic policies

A high-powered meeting of FPCCI senior members including Office Bearers and Leaders of the Business Community throughout the country held at Karachi lasted 3 hours and reviewed the current Economic Policies of the government, which has resulted in closure of industries; increased bank defaults, unemployment and poverty in the country.

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IMF delegation calls on Governor SBP

A delegation of the International Monetary Fund (IMF) led by the Director Middle East and Central Asia Department, Mr. Jihad Azour, called on the Governor State Bank of Pakistan Dr. Reza Baqir today in Karachi. He was accompanied by the IMF Mission Chief to Pakistan, Mr.

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The total liquid foreign reserves held by the country stood at US$15,898.1 million on 13September2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 8,600.4 million

Net foreign reserves held by commercial banks : US$ 7,297.7 million

Total liquid foreign reserves             : US$ 15,898.1 million

During the week ending 13 September2019, SBP’s reserves increased by US$138 million to US$8,600.4 million.

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JS Bank and JS Global dominate financial industry with 10 accolades in 2019

JS Bank, Pakistan’s fastest growing financial institution and JS Global Capital Limited (JSGCL), a JS Bank subsidiary and Pakistan’s flagship equity brokerage and investment banking company have been recognized for their performance at multiple national and international forums.

Amongst its awards, JS Bank numbers Pakistan’s Best Mid-Sized Retail Bank, Pakistan’s Best Consumer Finance Product, and Pakistan’s Best SME Bank received at the Asian Banking & Finance Awards 2019, the “Best Bank for Small Medium Enterprises (SMEs)” received at the 2019 Asiamoney Awards and the “Best Payment Technology/Solution Provider” for its Digital Traffic Challan Initiative at the 2019 DIGI Awards.

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Only PIA brings home the deceased, at zero cost!

Pakistan International Airlines (PIA) has offered unique service to bring back deceased at home free of cost. According to a press release of national airlines, overcome with the loss of a loved one is never easy, and in the midst of dealing with every emotion imaginable, if you have to worry about logistics and finances of carrying your deceased loved one back home, it is a nightmare that you cannot get out of.

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