Islamabad, Sep 12: At the end of the All China Leather Exhibition in Shanghai, the Pakistan Tanners Association (PTA) and the China Leather Industry Association (CLIA) inked a memorandum of cooperation, marking a new chapter in high-level Sino-Pak leather industry partnership. CLIA has never before inked a contract with its colleagues in Pakistan. According to China Economic Net, the two parties will deepen their relationship, exchange trade delegations, promote enterprise cooperation, and take part in leather industry expos. Being Pakistan’s largest source of foreign exchange earnings, the leather sector is vital to the nation’s economy. It is often acknowledged that…
Author: Iqra Khan
Islamabad, Sep 12: House Building Finance Corporation (HBFC), the real estate market maintained a mixed trend as the commercial capital saw moderate growth in values, but major cities like Islamabad, Rawalpindi, and Lahore recorded a downward trend due to the slowdown in economic activities and the imposition of new taxes on properties. Small Properties (3 Marla to 7 Marla or 75 Square Yards to 175 Square Yards), Medium Properties (10 Marla to 15 Marla or 250 Square Yards to 375 Square Yards), and Large Properties (1 Kanal to 2 Kanal or 1000 Square Yard to 2000 Square Yard) are the…
Islamabad, Sep 12: Rawalpindi to Murree Scenic Railway by assembling a working group from eighteen departments to get ready for a new glass train project, the Punjab government has made progress. The first phase of this train’s operation, Project Concept One (PC-1), will commence with the running of this train between Rawalpindi and Bhurban in Murree. This committee, which also includes the commissioner of Rawalpindi, the deputy commissioners of Rawalpindi and Murree, and several other department heads, will be led by the transport minister of Punjab. This 65-kilometer train route would begin in Saddar, Rawalpindi, and pass through beautiful locations…
Islamabad, Sep 12: Date for Distribution of Himmat Card Starting on September 16, “Himmat Cards” will be distributed throughout Punjab by Bait-ul-Mal and the Department of Social Welfare. A government spokesman stated that Punjab Chief Minister Maryam Nawaz will deliver the Himmat Cards to those with disabilities in person. 40,000 people will get the cards in the first phase; on September 16, 15,000 people from Lahore will be the first to obtain them. People with disabilities would earn Rs 10,500 per quarter through the Himmat Card. June saw the start of card registration. The spokesperson further claimed that under the…
Islamabad, Sep 12: The Lahore Development Authority (LDA) has persisted in its efforts to suppress unlawful land subdivisions, housing plans, and the unpermitted habitation of public utility sites in Lahore’s recognized communities. The infrastructure for three illegal housing schemes and land subdivisions on Multan Road and Ferozepur Road was demolished by the LDA’s Private Housing Schemes Directorate. This included Central Squire on Ferozepur Road, an unauthorized land subdivision on Multan Road, and the demolition of Amjad Homes’ roadways and drainage infrastructure. Furthermore, the Revenue Employees Co-Operative Housing Society’s office was sealed by the LDA. Additionally, LDA personnel reclaimed park grounds…
Islamabad, Sep 12: When Pakistan’s ambassador to the UN, Munir Akram, paid a formal visit to Cameroonia’s Philemon Yang, the newly elected president of the 193-member Assembly, on Wednesday at UN headquarters in New York, he talked with Yang about the agenda of the 79th session of the UN General Assembly and gave him Pakistan’s cooperation. As Ambassador Yang took over as UNGA President for the current session, the Ambassador congratulated him.In the midst of the numerous complicated issues the world is currently facing, Ambassador Akram applauded President Yan’s focus throughout the conference on sustainable economic growth, peace and security,…
Islamabad, Sep 12: The Belgian Foreign Ministry’s Director of Bilateral Affairs for Asia Pacific, Ambassador François Delhaye, met with Pakistan’s Chargé d’Affaires to the European Union, Brussels, and Luxembourg, Faraz Zaidi. According to a press statement, they discussed important bilateral issues and looked into potential areas of cooperation, with an emphasis on labor mobility in particular.
Islamabad, Sep 12: The Rawalpindi Development Authority (RDA) shut a warehouse, a shop, and other buildings in the Saidpur Housing Scheme as part of an operation against unlawful commercial buildings. A representative for the RDA stated that the RDA Enforcement Squad carried out a targeted operation against unapproved or illegal commercial constructions in the Saidpur Housing Scheme, following orders from the Director General of the RDA, Kinza Murtaza. A warehouse located on Saidpur Road, a business, and several other structures in Mohalla Raja Sultan were sealed during the operation by the squad.The Enforcement Squad, along with other RDA officers and…
Islamabad, Sep 12: During the first two months of the current fiscal year (2024–25), sales of motorcycles and three-wheelers in the nation increased by 16.87 percent as compared to the same months previous year. According to the Pakistan Automobile Manufacturing Association (PAMA), 189,227 motorcycles and three-wheelers were sold during the review period, compared to 161,906 units sold in July and August of 2023–2024. In the months under examination, sales of Suzuki motorcycles increased by 32.47 percent, from 2,679 units to 3,549 units, while sales of Honda bikes increased by 17.25 percent, from 137,083 units to 160,738 units. There was a…
Islamabad, Sep 12: 24 carat gold was sold for Rs. 263,000 per tola on Thursday, down Rs. 1,000 from the previous trading day’s sale price of Rs. 264,000. According to the All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 carat gold dropped by Rs. 857 to Rs. 225,480 from Rs. 226,337, while the price of 10 grams of 22 carat gold dropped to Rs. 206,690 from Rs. 207,476). The price of silver per tola and ten grams, at Rs. 2,900 and Rs. 2,486.28, respectively, did not change.According to the Association, the price of gold dropped by…
