Pakistan News

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  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the bourse's...
  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • It’s feeding time here, all the time

    One of the myths surrounding those wrestling greats of yesteryears was their extraordinary large meals -- that the meat of an average-sized goat or sheep made up one-time meal for a pehlwan...

    Next, the lady of the house you are a guest in will unveil her culinary skills with the best recipes ever taught by her mother, all tried and time-tested...

  • Time after time

    But once inside a shop, you realise that there is more to do with time here than just the wall clocks...

    On the shelves and inside the showcases you also see pretty timepieces and table clocks and inside the glass counter showcases there are the wristwatches all reminding you of the importance of keeping time...

  • Zimbabwe trade union marches to demand jobs

    HARARE: Around 200 hundred people from Zimbabwe’s main trade union on Saturday marched to government offices in Harare to demand that President Robert Mugabe fix the ailing economy and fulfil an election promise to create over 2 million jobs...

    Addressing the workers, ZCTU leader George Nkiwane said Mugabe’s ZANU-PF government must fulfil its election promise to create over 2m jobs because “we haven’t seen any single job that has been...

  • Forget merit, PML-N lawmakers to ‘oblige’ voters with jobs

    GUJRAT: PML-N lawmakers from Gujrat are being given a special quota in the hundreds of Grade 4 jobs in different departments of the district government allegedly at the behest of the provincial government...

    Official sources told Dawn that around 2,000 jobs Grade 1 to 4, which had already been advertised by health, education, agriculture and livestock departments, Tehsil Municipal Administration and the district council, would be...

  • China steel capacity reduction to cut 0.4m jobs

    MANILA: China’s plan to cut its steel production capacity by 100-150 million tonnes will lead to the loss of up to 400,000 jobs, the official Xin­hua news agency reported...

    China will raise funds to help workers should they lose their jobs when coal and steel firms close amid campaigns to cut overcapacity, according to Xinhua...

  • Auto vendors create 150,000 jobs this year

    KARACHI: Around 125,000-150,000 new jobs (direct and indirect) were created by 1,600 auto vending units during the last one year after opening of jobs at local auto assembling plants of cars, light and heavy commercial vehicles and two wheelers...

    Vice Chairman, Pakistan Association of Automobile Parts and Accessories Manufacturers (PAAPAM), Mehmood Alam Sherani, said for each job created at the vehicle assembling units, around 80 to...

  • Jobs and ‘jihad’

    It happens all the time, in every Pakistani village...

    Pakistan needs jobs and Saudi Arabia provides them; in exchange, it is not just the toiling bodies of young Pakistani men that are offered up to squeeze the oil from the kingdom’s largesse but also their minds...

  • Creating the right kind of jobs should be the priority for Pakistan

    In an evolving world of work— the rapid creation and destruction of jobs— the issue of unemployment has acquired centrality in the development process and has led to the question of whether jobs, or workers, should be protected?Looking from an egalitarian perspective, the welfare of millions revolves around four things: full employment (including self-employment), fair wages, reasonable prices and an accelerated programme for community...

  • Chief justice takes notice of 'exorbitant' fees levied on applicants for govt jobs

    Chief Justice of Pakistan Mian Saqib Nisar on Friday took notice of an application filed by a university student pertaining to the high fees liable to be paid by applicants for job vacancies, according to a statement issued from the public relations department of the Supreme Court...

    In the application, the university student had complained that the fee required to apply for many positions was too high for those who are unemployed
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