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(c) The Nation
The FBR Board-in-Council has appointed two deputy chairmen to look after day-to-day affairs due to engagement of the chairman.
The business community has appreciated the decision and termed it a decision in right direction that would strengthen public-private sectors liaison. Former LCCI VP Aftab Ahmad Vohra said that the new Deputy Chairmen Shahid Rahim Sheikh and Malik Abdul Samad are not only experienced but also have an excellent track record that would help solve business community issues.
“Due to ongoing economic scenario and pressing engagement of the FBR chairman, it was very difficult to have a direct access. So, he said, it is very wise of the part of the FBR to appoint two deputy chairmen to look after day-to-day affairs. Aftab Vohra said that it was a long-standing demand of the businessmen community that deputy chairman should be appointed to exclusively deal with the issues of urgent nature.
Pakistani stocks closed lower on Monday as political uncertainty caused investors to trim their positions at local bourses. Volumes also remained on the lower side.
The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended 0.88 per cent, or 146.19 points, lower at 16,502.65.In the currency market, the Pakistani rupee ended nearly st..... Read more
ARACHI: The bull-run continued at the local bourse, as the benchmark KSE 100-share Index set a new record on Monday by closing at an unprecedented level of 22,080 points after gaining 258 points.
The new government’s apparent resolve to bring improvement on the economic front prompted the stock traders to inject more investment into the local eq..... Read more
Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year, the International Labour Organization said Tuesday.
Last year saw a clear resurgence of the crisis, the UN's labour body said in its annual report on global employment trends, poin..... Read more
