Tag: Lack

KARACHI - While conventional banking in Pakistan is faced with innumerable challenges in the wake of global and domestic economic recession, their counterparts in Islamic banks feel troubled by a single daunting challenge; a vast majority of potential customers in the predominant Muslim Pakistan lack awareness of Shariah banking.
"People don't understand what you are offering," said Muhammad Raza, Executive Vice President and Head of Consumer Banking at Meezan Bank, working as a

ISLAMABAD - Disappointed with the government's lack of commitment to implement the Pakistan Muslim League-Nawaz's (PML-N) proposed reforms agenda within 45 days, the party's leadership has asked its committee to get a positive answer from the government's team or end cooperation if it seems that the government is reluctant to act swiftly.
The PML-N committee, led by Senator Ishaq Dar, told PML-N chief Nawaz Sharif on Wednesday that the government was using "delaying tactics" and

ISLAMABAD - The National Accountability Bureau (NAB) Chairman Justice (Rtd) Syed Deedar Hussain Shah on Wednesday approved closure of a sixteen-year old corruption inquiry against Defence Minister Ch Ahmed Mukhtar citing lack of 'substantial evidence'.
He issued directives while chairing the NAB Executive Board meeting held here. The meeting approved cases for filing references against notables from Punjab and Balochistan including former minister and PPP leader Mir Baz Mohammad

MADRID - French striker Karim Benzema, who has struggled to hold down a first-team place at Real Madrid, says he did not try hard enough in the past to earn time on the pitch in an interview published Monday.
"I know when I play well and when I do it badly and if at any moment I have played less it is because I did not make enough of an effort to deserve it. Today I know that I make an effort and that is why I am playing," he told sports daily AS.
"What is key is that I have

ISLAMABAD - Internal bickering and a lack of trust among the Jamaat-e-Islami's (JI) top leadership, coupled with the absence of substantial support from powers that be, appears to have minimised the prospects of an imminent revival of the Muttahida Majlis-e-Amal (MMA).
Discussions with JI leaders have revealed that former party chief Qazi Hussain Ahmed and incumbent Syed Munawar Hassan were divided over the religious alliance's revival. A JI source told Pakistan Today that Qazi

LAHORE - Public hospitals across Punjab lack the facility to diagnose H1N1 virus, commonly known as swine flu, as cases with the deadly virus have started surfacing in other parts of the country, Pakistan Today has learnt.
According to details, the disease is called swine flu because of its similarity with influenza viruses which infect pigs. It is also one of the droplet infections and is highly contagious. Those infected with the virus have either inhaled droplets that have

ISLAMABAD - The National Assembly Standing Committee on Human Rights on Wednesday condemned the April 12 killings in Abbottabad during a protest for an independent Hazara province, demanding the recording of statements of all injured persons, complete investigation and finalization of challans.
The committee, which met with MNA Riaz Fatiana in the chair, recommended the registration of cases against the SHO, DCO, DPO, RPO concerned and relevant medical officer for false

ISLAMABAD: Seventy-two percent girls' schools in Pakistan don't have any protection against militancy, despite the government's claim for providing security to educational institutions, a Free and Fair Election Network report revealed. The report said that FAFEEN checked the security arrangements of 106 schools situated across the country and found that 72 percent girls' middle schools lacked security arrangements.
It said that the security arrangements for female students and

KARACHI: Lack of banking facilities in Russia is hampering Pakistan's trade with Moscow. The non-existence of banking channels between the two countries has increased the cost of doing business for exporters and importers alike, sources told Pakistan Today.
Due to a weak international banking system, trade in Russia was mostly done through DA and Cash. Besides poor banking facilities, the Pakistani government is yet to establish a warehousing facility in Moscow, which is needed

KARACHI: Commercial banks should reduce interest rates on agriculture loans for small farmers. The government must subsidise the effort, while ensuring correct implementation of the Sindh Tenancy Act. The State Bank of Pakistan (SBP) was also called upon to monitor loan schemes and ensure transparency.
This was demanded at consultative workshop on the state of agriculture and issues faced by small farmers, jointly organised by Participatory Development Initiatives (PDI), Oxfam

KARACHI: The Karachi Stock Exchange (KSE) closed on a negative note subject to dull activity on Monday. Lack of concrete positive triggers led to profit-taking as the benchmark KSE-100 Index suffered a loss of 63.13 points to close at 10538.27 levels. Investors' agility continued to shrink as the results season crossed the finish line.
The benchmark index moved within a band of 138 points, while the index touched a high of 10,667 points and slipped down to 10,538 points. There

KARACHI
The poverty stricken growers are undergoing serious difficulties to level their agricultural lands due to an acute shortage of earth leveling bulldozers, as only 80 bulldozers are functional, while 280 are lying out of order, it is reliably learnt.
The bulldozers are outdated and are well above their working life span, however, the Agriculture Department of Sindh has disturbingly repaired only 80 bulldozers, sources told Pakistan Today.
The provincial