HWSC workers yet to get salaries
According to a statement issued by the Mehran Workers Union, a delegation of the union led by General Secretary Aslam Abbassi held a meeting with the CEO to discuss the issue. The delegation informed the CEO that salaries of 10 to 12 months had not been paid to the workers.
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Express Tribune
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- Express Tribune
Cattle deals hit Rs4.6b online
Listen to article The State Bank of Pakistan (SBP) announced on Wednesday that 64,553 digital transactions worth Rs4.656 billion were carried out in cattle markets during Eidul Azha in early June. According to the central bank, the transactions were processed under the SBP's "Go Cashless in Cattle Markets Campaign 2025", which aimed to reduce reliance on cash and promote Digital Financial Services (DFS). The campaign was implemented in 54 major cattle markets nationwide, with participation from 24 partner banks. An award ceremony was held on Wednesday, in Karachi by the SBP Banking Services Corporation (SBP BSC) to honour high-performing banks. SBP BSC MD Maraj Mahmood appreciated the banks' efforts in promoting digital payments. Executive Director, DFS Group, SBP, Sohail Javaad, highlighted SBP's focus on building a digital economy.
Business Recorder
05-07-2025
- Business Recorder
Pricing mechanism across country: DCs directed to analyse wholesale, retail prices regularly
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed all deputy commissioners of the provinces to compare wholesale and retail prices regularly and take corrective action where necessary. The minister urged the provincial governments to actively supervise and support this process. He also directed the Pakistan Bureau of Statistics (PBS) to provide login reports to chief secretaries on a monthly basis. Federal Minister for Planning chaired a meeting of the National Price Monitoring Committee (NPMC) in Islamabad on Friday to review the inflationary trends and pricing mechanism across the country. The meeting was attended by the chief economist, chief statistician, senior officials from the Ministry of Food and Agriculture, and representatives from relevant federal and provincial departments. He emphasised the importance of effective monitoring through the Price Scorecard system. He highlighted during the meeting that the chief secretary of Khyber Pakhtunkhwa accessed the system 114 times, while Sindh accessed it only 10 times, Punjab 6 times, and Balochistan did not log in at all. Among Deputy Commissioners, Islamabad logged in 27 times, Karachi 6 times, and Quetta 4 times. The minister expressed serious concern over the underutilisation of the Price Scorecard by provincial administrations. The meeting was informed that prices of several essential items, including LPG, bananas, mustard oil, chickpeas, and moong dal, have decreased. However, sugar prices have surged, reaching nearly Rs190 per kilogramme in most cities. The country has witnessed a decline in sugar production this year, with output falling to 5.8 million tons from 6.8 million tons. In response, the Ministry of Food has decided to import 0.5 million tons of sugar to stabilise the market. During the meeting, the Chief Statistician presented key data indicating that the inflation rate for the fiscal year 2024-25 stood at 4.5 per cent, significantly down from 23.4 per cent recorded during the previous year. Minister Iqbal highlighted this as the lowest inflation rate in the past nine years, reflecting the government's effective policy interventions and improved supply-side management. In urban areas, food inflation was recorded at 4.2 per cent, compared to 6.2 per cent last year. However, supply chain disruptions due to highway closures in Sindh were noted as a contributing factor in localised price fluctuations. Minister Iqbal also called for the development of an advance supply and demand plan for the upcoming Ramadan to avoid shortages and price hikes. He appreciated the stability in food prices during Eidul Azha and stressed the need to maintain this momentum through coordinated efforts among federal and provincial stakeholders. Copyright Business Recorder, 2025
Express Tribune
24-06-2025
- Express Tribune
LWMC to clean railway station
People board a train at the Lahore Railway Station as they return home ahead of Eidul Azha. PHOTO: NNI The Lahore Waste Management Company (LWMC) has assumed control of cleanliness operations at Lahore Railway Station as part of the provincial government's Suthra Punjab initiative. A memorandum of understanding was signed between Pakistan Railways and the LWMC to ensure sustained cleanliness at one of Pakistan's busiest transport hubs. The agreement aims to provide a hygienic and welcoming environment for the thousands of passengers passing through the station daily. The signing ceremony was attended by Punjab Local Government Secretary Shakeel Ahmed Mian, LWMC Chief Executive Offcier Babar Sahib Din, and Pakistan Railways CEO Aamir Ali Baloch. Under the new arrangement, the LWMC will deploy a dedicated team consisting of a manager, five supervisors and 105 sanitation workers operating in three daily shifts to maintain cleanliness throughout the facility. The scope of work includes platforms, reservation counters, waiting halls, washrooms, parking areas, railway tracks and administrative offices. Night shift teams will also conduct regular washing of platforms and tracks. The Pakistan Railways CEO praised LWMC's performance on Eidul Azha and cited its modern monitoring systems as a key factor behind the decision to outsource the station's sanitation.
