Categories: CITY NEWSEconomy

Karachi Traders Urge Govt to Extend Market Timings to 10PM

Karachi: Prominent businessman Shehzad Mubeen has urged the government to review the current smart lockdown timings and allow markets to remain open until 10:00 PM, so that business activities are not adversely affected and traders can get relief from ongoing financial difficulties.


In his statement, he said that the existing business hours have placed the trading community under severe economic pressure, as limited operating time has significantly reduced sales. Meanwhile, expenses such as shop rents, utility bills, employees’ salaries, and other operational costs remain unchanged.


He added that the closure of markets at 8:00 or 9:00 PM is making it increasingly difficult for traders to meet their financial obligations. Shehzad Mubeen emphasized that if the government aims to regulate economic activities effectively, it should also take into account the concerns of the business community.


He further pointed out that early market closures in certain areas can lead to security issues, exposing traders to incidents such as theft and robbery.


He appealed to the government to provide relief to the business community by extending market closing hours to 10:00 PM, enabling traders to conduct business more effectively and helping to keep the economy moving

WebDesk

Recent Posts

OpenAI Agent Rogue AI hack raises fresh questions over safety oversight

OpenAI Agent is facing fresh scrutiny after new details revealed that a rogue autonomous AI…

23 hours ago

Google Fine Trump orders US probe after EU imposes $1bn penalty

Google Fine has intensified tensions between the United States and the European Union after President…

23 hours ago

Abdullah Fazal Pakistan opener ruled out of West Indies, England Test tours with back injury

Abdullah Fazal is set to miss Pakistan's Test series against the West Indies and England…

23 hours ago

Petrol Prices Pakistan’s Daily Fuel Pricing Pushes Rates Higher

Petrol prices in Pakistan have risen sharply since the government introduced a daily fuel pricing…

23 hours ago

Trump links US-Saudi nuclear deal to Israel normalisation

US President Donald Trump said on Friday that the United States will not move forward…

23 hours ago

Five killed as loess collapse buries house in northern China

At least five people were killed and three others sustained injuries after a loess collapse…

23 hours ago

This website uses cookies.