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minimum wage

Minimum wage revisited

Pakistan has an acceptable concept of minimum wage, just like many countries. The reason for imposing minimum wage ...

Published 05 Dec, 2024 07:20am

Pakistan

Call to raise EOBI pension equivalent to minimum wage

ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) pensioners urged the government to increase their...

Published 29 Oct, 2024 03:27am

Pakistan

Sindh notifies minimum wage for workers

KARACHI: Sindh government on Tuesday notified minimum wage to Rs 37,000 per month for workers. According to a...

Published 23 Oct, 2024 06:22am

Pakistan

B’tan govt implements minimum wage of Rs37,000 for labourers

QUETTA: Balochistan government has officially started implementing the new minimum wage for workers setting it at...

Updated 12 Oct, 2024 08:03am

President raises min wage/gross salary of civil employees

ISLAMABAD: The federal government has notified the revision of special allowance granted to the civil employees of...

Updated 30 Aug, 2024 08:50am

World

Sri Lanka cabinet approves 40pc hike to minimum wage

COLOMBO: Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to...

Published 27 Mar, 2024 04:38am

BR Research

An export opportunity from the East wing

Bangladesh textile industry is in the news over the wage review, as the minimum wage in Bangladesh has been brought...

Published 01 Dec, 2023 09:12am

Pakistan

Rs32,000 ‘minimum wage’ approved by Punjab cabinet

LAHORE: The 25th meeting of the provincial cabinet which held at the south Punjab secretariat on Monday with...

Published 12 Sep, 2023 06:22am

Pakistan

KP caretaker cabinet approves minimum wage for laborers to Rs32,000

PESHAWAR: The 10th meeting of the Khyber Pakhtunkhwa Caretaker Provincial Cabinet, chaired by Caretaker Chief...

Published 07 Sep, 2023 06:21am

World

Turkey hikes minimum wages for third time to fight inflation

ISTANBUL: Turkish President Recep Tayyip Erdogan on Thursday announced the third major minimum wage hike in a year...

Published 22 Dec, 2022 05:49pm

Opinion

‘Minimum wage: the wages of lack of empathy is social unrest’

This is apropos a Business Recorder op-ed ‘Minimum wage: a suggestion’ carried by the newspaper on Saturday. The...

Published 05 Dec, 2022 06:23am

Opinion

Minimum wage: the wages of lack of empathy is social unrest

“I’m going to say something controversial, but I genuinely believe that Pakistan needs to move away from this...

Published 03 Dec, 2022 05:51am

Pakistan

Minimum wage raised to Rs26,000 by KP govt

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has approved enhancing the minimum rates of wages as...

Updated 17 Aug, 2022 09:32am

Pakistan

EFP requests PM to withdraw increase in minimum wage

KARACHI: Ismail Suttar, President of Employers’ Federation of Pakistan (EFP), and Zaki Ahmed Khan its vice...

Published 13 Apr, 2022 06:03am

Pakistan

Relief package for workers, govt employees, pensioners: Increase in minimum wage dismays business community

ISLAMABAD: The business community has expressed dismay over Prime Minister Shehbaz Sharif’s announcement about...

Published 12 Apr, 2022 05:17am

PM raises minimum wage to Rs25,000; pensions hiked by 10pc

Shehbaz Sharif underscores the need for hard work to bring the economy back on track

Updated 12 Apr, 2022 10:20am

Business & Finance

SC sets aside SHC verdict on minimum wage

ISLAMABAD: The Supreme Court set aside the Sindh High Court (SHC)’s judgment regarding the payment of minimum wage...

Published 27 Mar, 2022 04:57am

Opinion

Minimum wage: Can it even fulfil nutritional requirements of a family?

There’s a debate going on at the national level on minimum wage. Prime Minister Imran Khan has been seen ...

Published 12 Mar, 2022 04:08am

Pakistan

New self-assessment scheme of EOBI on the cards

KARACHI: Chairman Employees Old-Age Benefits Institution (EOBI) Shakeel Ahmed Mangnejo has said that for the...

Published 23 Dec, 2021 04:23am

Business & Finance

Turkey hikes minimum wage by 50pc in face of lira crisis

ANKARA: Turkey will hike its minimum wage by a massive 50% to 4,250 lira ($275.44) per month next year to address a...

Published 17 Dec, 2021 04:30am

Pakistan

Minimum wage: SC issues notices to AGP, AG Sindh

ISLAMABAD: The Supreme Court issued notices to the attorney general for Pakistan and the advocate general Sindh...

Published 11 Dec, 2021 04:12am

SC suspends minimum wage for workers verdict

KARACHI: The petitions filed by the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) and other trade...

Published 08 Dec, 2021 06:22am

Pakistan

Sindh announces minimum wage at Rs25,000, eases teachers' recruitment policy

Provincial cabinet also approves 200-acre land for Naval Cooperative Housing Society

Published 20 Oct, 2021 04:07pm

Pakistan

Balochistan increases minimum wage of labourers

QUETTA: In a major relief for labourers, the Balochistan government has increased the minimum wage of workers to...

Published 13 Oct, 2021 04:47am

Pakistan

Rs25,000 minimum wage: Sindh Wage Board seeks time for submitting its reply

KARACHI: The Sindh Wage Board has sought time from the Sindh High Court (SHC) to submit a written reply on a ...

Published 07 Aug, 2021 04:01am

Pakistan

KP CM directs implementation of minimum wage

PESHAWAR: KP Chief Minister Mahmood Khan Monday directed the administrative heads of all the departments to ensure...

Published 27 Jul, 2021 04:40am

World

Biden increases minimum wage for federal government workers

The current minimum wage is $10.95 an hour for these workers, who are not civil servants but work for the federal government through contracting firms.

Published 27 Apr, 2021 04:22pm

Sports

Qatar extends minimum wage to all as World Cup looms

DOHA: A minimum wage of $275 a month came into force for all workers in Qatar Saturday, official media reported, as...

Updated 21 Mar, 2021 09:34am

World

Qatar extends minimum wage to all as World Cup looms

The minimum became mandatory for all newly signed contracts from August 30, and will now also be compulsory for existing employment agreements.

Published 20 Mar, 2021 05:21pm

World

Mexico to hike daily minimum wage for workers by 15%

Leftist leader Lopez Obrador, who has vowed to prioritize the poor in a country with huge wealth disparity, has said the previous minimum salaries were shameful.

Published 17 Dec, 2020 09:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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