PIACL board approves bonus for employees

ISLAMABAD: The board of directors of the Pakistan International Airlines Corporation Limited (PIACL) has approved a bonus equal to one basic salary for the airline’s employees during its 102nd meeting, the first held after the airline’s privatisation. In an official statement issued on Saturday, the board said the decision reflected the new management’s strategy of…

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48% ghee samples fail quality test

ISLAMABAD: About 48% of total vanaspati ghee samples collected from markets, 75% of refined palm oil and 44% packaged milk were found substandard and could cause serious heart diseases among the people, according to alarming findings released by the government on Friday. The findings, which the Ministry of Planning officially released, were based on 491…

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Call for Infantino to resign comes amid wave of support

FIFA President Gianni Infantino during the press conference. Photo: REUTERS PARIS: Beleaguered FIFA president Gianni Infantino has received some much-needed support after over a week of scathing criticism revolving around the now shelved private investment plan but there was again a call Friday for him to resign. The 56-year-old Italian-Swiss lawyer’s position remains far from…

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Army captian martyred, seven terrorists killed, in Hangu IBO: ISPR

President Zardari, PM Shehbaz express grief over Captain Hamza Akram’s martyrdom Captain Hamza Akram. Photo: ISPR A Pakistan Army captain was martyred and seven terrorists were killed during an intelligence-based operation (IBO) in Khyber-Pakhtunkhwa’s (K-P) Hangu district on August 7, the military’s media wing said on Saturday. According to the Inter-Services Public Relations (ISPR), the operation was…

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Middle East conflict weighs on PSX

KARACHI: Pakistan Stock Exchange (PSX) slipped into negative territory on Friday as cautious investor sentiment and fears of an escalation in the Middle East conflict triggered selling across major sectors. The benchmark KSE-100 index closed at 181,430.02, down 346.57 points, or 0.19%, after hitting the intra-day high of 181,647.27 and the intra-day low of 180,620.08….

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Rybakina advances while Andreeva exits at Toronto

World number two Elena Rybakina, the reigning Australian Open champion, defeated American Ann Li to reach the fourth round of the WTA Toronto Masters hardcourt tournament. Photo: AFP TORONTO: Reigning Australian Open champion Elena Rybakina advanced to the fourth round of the WTA Toronto Masters on Friday while French Open winner Mirra Andreeva was eliminated…

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Arshad ‘Chaiwala’ seeks passport renewal

ISLAMABAD: Arshad Khan, popularly known as ‘Arshad Chaiwala’, approached the Islamabad High Court (IHC), seeking the renewal of his passport. He completed his biometric verification ahead of filing a constitutional petition. His counsel Umar Ijaz said Khan’s CNIC had already been restored, yet the authorities had failed to renew his passport. Source link

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SMEs hold key to growth: SEDF chief

Khizar Pervaiz highlights financing gaps, skills shortage, calls for holistic support on Express Tribune podcast KARACHI: Small and medium-sized enterprises (SMEs), often described as the backbone of modern economies, remain central to Pakistan’s growth story but continue to face structural challenges, according to Khizar Pervaiz, Chief Executive Officer (CEO) of the Sindh Enterprise Development Fund…

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