Pakistan News

    1 Malaysian Ringgit Pakistan Rupees To Saudi

  • Malaysian central bank defends ailing ringgit

    SINGAPORE: Malaysia’s central bank intervened for a third successive trading day on Tuesday to support the ringgit currency, traders said, as corruption allegations swirled round Prime Minister Najib Razak, raising doubts over his grip on power...

    Thanks to Bank Negara’s damage limitation, the ringgit has lost only 0...

  • Abuses pushed Malaysia’s debt over 1 trillion ringgit: Mahathir

    KUALA LUMPUR: Malaysia is saddled with over 1 trillion ringgit ($251...

    “We find that the country’s finances for example, was abused in a way that now we are facing trouble settling debts that have risen to a trillion ringgit,” Mahathir said when speaking for the first time to staff of the prime minister’s office...

  • ‘Marine pollution costing Pakistan billions of rupees’

    KARACHI: Utter neglect towards marine pollution costs Pakistan billions of rupees every year that includes the huge expenditures the country incurs on account of vessel repair and maintenance, as constant flow of untreated toxic effluent towards the sea has doubled (metal) corrosion rate...

    According to him, the Pakistan Navy alone incurs a loss of Rs1bn annually on vessel repair and maintenance as (metal) corrosion rate owing to...

  • Living off 400 rupees a day

    We are quick to haggle with the daily-wage owner and the man who sells fruits at the corner shop, not truly understanding that the small profit he makes is essential to his survival...

    Think for a moment about the man whose salary 10 years ago was Rs9,000 and today is Rs12,500
  • Over half a million rupees looted in year’s sixth bank heist

    KARACHI: Some three armed robbers stormed a private microfinance bank in the old city’s Kharadar area on Tuesday, held security guards and staff at gunpoint and took away more than half a million rupees as the bank management allegedly had not followed the standard operating procedures (SOPs) to prevent such robberies, police said...

    Only on July 20, armed robbers took away three million rupees from the Gulshan-i-Iqbal branch of a...

  • Probe body unearths billions of rupees corruption in Umerkot health dept

    UMERKOT: The district inquiry committee formed by the provincial government to probe corruption in the Umerkot health department released its report on the occasion of the World Anti-Corruption Day on Wednesday, unveiling massive corruption running into billions of rupees, mismanagement and violation of laws and demanding action against the culprits...

  • PTI, PAT sit-ins cost the country billions of rupees, claims Dar

    ISLAMABAD: After securing a clean chit from the judicial inquiry commission into rigging in the 2013 elections, the government has released details of the losses it claims Pakistan suffered due to the Pakistan Tehrik-i-Insaf (PTI) and Pakistan Awami Tehrik (PAT) demonstrations last year...

    The detailed information gathered from various sectors under the guidance of Finance Minister Senator Ishaq Dar claims that the country was...

  • Grade-16 officer held, assets worth millions of rupees seized

    HYDERABAD: Officials of the National Accoun­tability Bureau (NAB) seized assets, including prize bonds, worth millions of rupees and documents of immoveable properties also worth millions of rupees, in a raid on the residence of a grade-16 official of the education department, Bachu Mal, here late on Saturday evening, according to a NAB press release...

  • NHA facing over 3,000 court cases involving billions of rupees

    ISLAMABAD: The National Highway Authority (NHA) is facing over 3,000 cases of litigation involving hundreds of billions of rupees, including some related to China-Pakistan Economic Corridor (CPEC) projects, mainly because of alleged mass-scale irregularities and controversial award of contracts...

    It has been observed that the authority is facing such an ample amount of litigations despite it has an army of over 150 consultants who...

  • A billion rupees spent on Nawaz Sharif's foreign tours, Senate told

    Foreign Minister Khawaja Asif on Wednesday told the Senate that over a billion rupees were spent on former prime minister Nawaz Sharif's international trips during his third term in office...

    In a written report presented to the upper house on Pakistan Tehreek-i-Insaf's request, the foreign minister stated that Sharif's 64 international tours during his third term as the head of the state set back the exchequer by Rs1...

  • Malaysian airline plans Pakistan operations

    LAHORE: A Malaysian airline is going to start its operations in Pakistan from March, Malaysian High Commissioner to Pakistan Hasrul Sani Mujtabar disclosed on Monday, as part of increased people-to-people and business-to-business contacts between two countries...

    During his visit to the Punjab Board of Investment and Trade (PBIT), the ambassador encouraged the Pakistani business community to participate in a conference in Pangkor...

  • Malaysian duo stun Pakistan pair to win men’s team snooker gold

    KARACHI: Malaysia overcame Pakistan 3 in a nerve-tingling final by 5-4 to win the men’s team gold as curtains fell on the 10-day third Jubilee Insurance World 6-Reds and Team snooker championship at the hotel Movenpick on Saturday...

    The Malaysian pair of Keen Hoo Moh-Kok Leong Lim fought tooth and nail to turn the tables on Pakistan’s Asjad Iqbal and Shahid Aftab in the best of nine frames battle (40-71, 77-20, 66-73, 101-6, 73-42,...

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