Pakistani Eid essential, bangles, faces manufacturing crisis amid record inflation

Different variety of bangles are displayed at a wholesale market in Karachi, Pakistan, on April 16, 2023 ahead of Eid Al-Fitr. (AN photo)
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Updated 21 April 2023
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Pakistani Eid essential, bangles, faces manufacturing crisis amid record inflation

  • Manufacturers and sellers complain of high production costs leading to a 40 percent decline in sales
  • Prices of basic raw materials have surged by about 65 percent, production had declined by about 30 percent

KARACHI: Bangles, among the most popular ornaments worn by women and girls during the festival of Eid Al-Fitr, have been hit hard by inflation, with manufacturers and sellers complaining of high production costs leading to a 40 percent decline in sales.

In Pakistan, Chand Raat, or Moon Night, the eve of Eid, is marked by Muslims preparing for the festival by stocking up on food, henna and bangles. But soaring prices have pushed Pakistanis to tighten their purse strings this festive season, one of the toughest in years as households struggle to contend with soaring energy and food bills.

Muslim majority Pakistan, home to more than 230 million people, is facing one of its worst economic crises in recent history. The South Asian nation has less than a month’s worth of foreign exchange reserves and is awaiting a bailout package of $1.1 billion from the IMF that has been delayed since November over issues related to fiscal policy adjustments.

Consumer price inflation in Pakistan jumped to a record 35.37 percent in March from a year earlier, with at least 16 people killed in stampedes for food aid during Ramadan.

The bangle industry is also suffering.

“The sales of bangles this year have declined by almost 40 percent, and the prices have doubled since last year,” Muhammad Shahrukh, a wholesale dealer at Karachi’s Liaquatabad Market, told Arab News. 

“As a consequence of current price and sales trends, some of the dealers have started looking for alternative options to survive.”




Different variety of bangles are displayed at a wholesale market in Karachi, Pakistan, on April 16, 2023 ahead of Eid Al-Fitr. (AN photo)

Bangles manufacturing is a traditional handicraft in Pakistan, particularly in the province of Sindh, with Hyderabad city as a manufacturing hub where skilled artisans mold and cut glass and other materials and then decorate the bangles with paint, beads and other ornamental items. The finished products are mostly sold locally and also exported to neighboring Afghanistan.

But this year, Pakistani manufacturers said the average cost of production had surged by more than 65 percent compared to 2022 due to an increase in the prices of imported raw material amid a massive depreciation of the Pakistani rupee against the US dollar.

“The prices of basic raw materials have surged by about 65 percent when we compare them with last year,” Hassan Jamal Siddiqui, a spokesperson for the Glass Bangles Manufacturers Association (GBMA), told Arab News from Hyderabad. “That was when the rupee exchange rate was around Rs180 to a dollar.”

Siddiqui added that the price of sodium carbonate was Rs4,200 last year, which had now surged to Rs11,750 per bag. Similarly, prices of all other raw materials, including gas, borax decahydrate, potassium dichromate and coloring chemicals, had increased manifold since last year.

“The main raw materials used in bangles are imported from Japan, China, Canada, Germany and Russia,” Siddiqui said. “Obviously, the dollar has appreciated against the Pakistani rupee, and the prices of raw materials have also increased more than double.”

Glass bangle manufacturers also encountered problems with procuring raw materials as the government, faced with an acute balance of payments crisis, last year imposed restrictions on imports to prevent the outflow of US dollars. Consequently, commercial banks stopped issuing letters of credit (LCs), leaving importers struggling to arrange the greenback for already placed orders.

“The issue with the opening of letters of credit gave way to black marketing of raw materials that contributed to the price hike,” Siddiqui said, adding that current production had declined by about 30 percent, while many factories had permanently shut down operations.

“There were around 70 bangles manufacturing factories in Hyderabad, but as of today, the number has dropped to only 35,” Siddiqui said.

The bangles manufacturing industry, which once provided job opportunities to over 700,000 people, he said, now only had about 100,000 jobs:

“The bangles industry in Hyderabad is gradually receding into the past,” Siddique added. 

Sales too were down, bangle dealer Muhammad Arif said, as people were “prioritizing the purchase of essential goods required for their survival over buying of bangles.”

Consumers also said inflation had hit their buying choices this Eid.

“I have four daughters, and they were demanding new bangles for this Eid celebration, but I have convinced the elders to use the previously bought bangles and now would buy a new set for the younger one,” Samina Khalid, a homemaker, said. 

“That is how we manage our household affairs under current circumstances with fixed incomes and skyrocketing prices.”


Pakistan, UK discuss counterterrorism, security cooperation to tackle cross-border crime

Updated 18 April 2025
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Pakistan, UK discuss counterterrorism, security cooperation to tackle cross-border crime

  • Pakistan-UK Counter Terrorism Dialogue took place in London in February, reviewing global and regional threats
  • Armed forces of both countries maintain close cooperation, particularly in counterterrorism efforts, military training

ISLAMABAD: Pakistan and the United Kingdom (UK) have held talks on counterterrorism and security cooperation as both countries seek to promote bilateral cooperation to combat cross-border crimes, state media reported on Friday.
The second round of the Pakistan-UK Counter Terrorism Dialogue took place in London in February 2025, reviewing global and regional threats and exchanging best practices. Over the years, the armed forces of both countries have also maintained close cooperation, particularly in counterterrorism efforts and professional military training.
“During the meeting discussions were held on Pakistan-UK relations, including enhancing cooperation in counterterrorism, security and preventing cross-border crimes,” Radio Pakistan said in a report following a meeting between Pakistani Interior Minister Mohsin Naqvi and British Under Secretary of State for Faith, Communities and Resettlement Lord Wajid Khan.
Earlier this month, Rana Sanaullah, an adviser to Pakistani PM Shehbaz Sharif, had met British High Commissioner Jane Marriott to discuss enhancing security cooperation between the two countries and adopting a joint strategy against “terrorism.” 
Last June, Pakistan and the UK agreed to enhance cooperation in the fields of organized crime and the prevention of illegal immigration during Naqvi’s meeting with National Crime Agency Director-General James Babbage and Foreign, Commonwealth and Development Office Director-General Jonathan Allen.
In 2022, the UK signed an agreement with Pakistan allowing the return of foreign criminals and immigration offenders from the UK. Under this arrangement, Pakistani nationals with no legal right to stay in the UK including criminals, failed asylum seekers and immigration violators, can be deported. 
Pakistanis currently represent the seventh-largest group of foreign criminals in prisons across England and Wales, accounting for nearly 3 percent of the foreign national offender population.


Hungarian foreign minister leads business delegation to Islamabad amid investment push

Updated 37 min 25 sec ago
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Hungarian foreign minister leads business delegation to Islamabad amid investment push

  • Péter Szijjártó attends business forum with 17-member Hungarian business group in Islamabad
  • Pakistan and Hungary sign agreement to abolish visa requirements for diplomatic passport holders

ISLAMABAD: Top companies from Hungary are in Pakistan this week for business-to-business engagements with their counterparts, the Hungarian foreign minister said, as Islamabad pushes to seek investments from allies old and new to bolster its struggling economy. 
The IMF’s $7 billion Extended Fund Facility (EFF), approved last year, has played a key role in stabilizing Pakistan’s economy in recent months and set it on the path of long-term recovery. However, Prime Minister Shehbaz Sharif’s government has vowed to reduce dependence on foreign loans in the coming years and seek more direct investment.
“I have brought with me top business leaders from Hungary. They are meeting with their Pakistani counterparts in B2B sessions today, and we hope to see new partnerships and trade avenues open,” Hungarian Foreign and Trade Minister Péter Szijjártó, who led a 17-member Hungarian business delegation to Islamabad, said at a business forum on Thursday.
Key public and private sector representatives from both countries attended the business forum to identify sector-specific synergies. Hungarian delegates represented industries such as IT, agri-tech, water management, health tech and advanced manufacturing, sectors in line with Pakistan’s development goals.
The Hungarian foreign minister also pointed to opportunities for collaboration in various sectors, including energy, agriculture, IT, food security, sports, and advanced manufacturing, and said a Hungarian private airline was exploring launching operations in Pakistan, indicating growing interest and confidence in the Pakistani market.

Szijjártó called Pakistan an “important economic partner” and emphasized Hungary’s continued advocacy for Pakistan’s preferential trade access to European markets under the GSP+ scheme. 
“Hungary stands with Pakistan on the GSP+ front. It not only benefits Pakistan’s exports but also strengthens EU-Pakistan relations through sustainable development and inclusive trade,” he said.
Commerce Minister Jam Kamal Khan, speaking at the business forum, welcomed Hungary’s continued support for Pakistan’s GSP+ status and praised Hungary’s technological strengths, particularly in seed technology, agriculture feed, and the services sector. 
“Our economic reforms are designed to improve ease of doing business, attract foreign investment, and create strong infrastructure to support sustainable growth,” said Kamal, highlighting several government initiatives such as the National Tariff Policy, Strategic Trade Policy Framework, Pakistan Single Window, and transit trade agreements with Central Asian countries aimed at enhancing regional and global trade integration.
On Thursday, Pakistan and Hungary signed an agreement to abolish visa requirements for diplomatic passport holders of both countries, along with two memorandums of understanding in the fields of culture and archaeology.

 


Pakistan seals spot in Women’s Cricket World Cup after recording four straight wins

Updated 18 April 2025
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Pakistan seals spot in Women’s Cricket World Cup after recording four straight wins

  • After defeating Ireland, Scotland and the West Indies, Pakistan thumped Thailand by 87 runs
  • Bangladesh, Scotland and the West Indies are still in contention for the one remaining spot

LAHORE: Pakistan secured a place in the Women’s Cricket World Cup by beating Thailand on Thursday for its fourth straight victory in the qualifying tournament.
After defeating Ireland, Scotland and the West Indies, Pakistan thumped Thailand by 87 runs at the Qaddafi Stadium in Lahore to seal one of the two vacant World Cup places.
Bangladesh, Scotland and the West Indies are still in contention for the remaining spot to join host India, Australia, England, New Zealand, South Africa and Sri Lanka in the eight-team, 50-over tournament later this year.
Bangladesh, which has won three of its four games, will play Pakistan on Saturday, when the West Indies round faces Thailand. Scotland meets Ireland on Friday in its last game.
Pakistan captain Fatima Sana led from the front and took 10 wickets in four games. She is second on the bowling chart in the qualifying tournament behind Hayley Matthews of the West Indies, who has bagged 12 wickets in four games.
Sana orchestrated Pakistan’s place at the World Cup with her brilliant all-round performance against Thailand as she scored a half-century and then claimed 3-39 with her medium fast bowling.
The International Cricket Council has not yet announced the dates and venues of the World Cup, but last December agreed to a hybrid model due to severe political relations between India and Pakistan. All matches involving India and Pakistan in an ICC event will be played at a neutral venue.
 


Pakistani actor Yasir Hussain says ready to put career on hold for wife Iqra Aziz

Updated 48 min 32 sec ago
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Pakistani actor Yasir Hussain says ready to put career on hold for wife Iqra Aziz

  • Hussain and Aziz are among Pakistan’s most talked-about celebrity couples who tied the knot in 2019
  • Despite shared background in showbiz, Hussain says they maintain professional boundaries in the industry

KARACHI: Pakistani actor and director Yasir Hussain has said he is willing to pause his career and stay home with his young son if his wife, acclaimed actress Iqra Aziz, required him to, highlighting his support for her flourishing career in the entertainment industry.

Aziz and Hussain, one of Pakistan’s most talked-about celebrity couples, tied the knot in December 2019 following a public proposal at the Lux Style Awards that year. The couple welcomed their son, Kabir, in July 2021 and have since carefully balanced their personal life with demanding professional commitments.

Aziz is currently starring in the television drama Paradise, while Hussain is performing as the director and male lead in the theater production Monkey Business, running at the Karachi Arts Council. 

Despite their shared background in showbiz, the two have taken different routes, with Aziz focusing largely on television dramas and Hussain leaning toward theater and directing.

“Today, if she [Iqra] tells me to leave everything and take care of Kabir because she is doing a film, I’ll leave everything,” Hussain told Arab News in an interview this week. “Obviously, my child comes first for me.”

He said fatherhood and marriage had brought a noticeable change in his temperament.

“I was very hyper before marriage,” he said.. “It’s a good change and I am liking it.”

Hussain said being part of the same profession had helped him and his wife better understand each other’s demanding schedules.

“If I was married to a doctor, maybe, so I don’t know her profession, she doesn’t know mine,” he said. 

“So, maybe there would have been some issues in between us like what are these shift timings or it’s not fair that you go to the theater everyday all day. So, there would have been issues perhaps. But now we know how it works.”

Still, Hussain said he made a conscious effort to maintain professional boundaries, including not seeking roles opposite his wife on screen.

“I think there is a gap of 10 or 11 years between Iqra and I,” he added. “I want her to work with actors her age. I don’t want her screen age to increase for no reason because of me.”

Hussain also said he didn’t seek to share the small screen with his wife just because she was a famous actress.

Previously, though, the couple have worked together in the drama serial Jhooti while they were engaged, and later in the mini-series Aik Thi Laila, which Hussain directed. He has also produced Paradise, which Aziz is currently starring in alongside actor Shuja Asad.

“Marriage is a very personal thing and I don’t want to show that chemistry onscreen in a TV drama at least.”

And though they were both part of the entertainment industry, Hussain said they maintained clear professional independence.

“We have a life as individuals as well. We don’t influence each other on the career choices we wish to make,” he said.

That said, he expressed a preference for Aziz to avoid dark or gritty roles.

“I don’t want Iqra to do films like Javed Iqbal or Taxali Gate or the series Khatarnaak that I’m shooting in Lahore,” he said. 

“I don’t want her to get into such dark content. She is a very lively person and has the image of a happy-go-lucky individual. I don’t want her image to be dark or political.”


Pakistan warns hail, heavy rains could hit capital, cities in Punjab from today

Updated 51 min 6 sec ago
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Pakistan warns hail, heavy rains could hit capital, cities in Punjab from today

  • Hailstorm on Wednesday wreaked havoc in Pakistani capital, damaging thousands of car and windows of homes
  • Pakistan is highly vulnerable to climate change, facing numerous impacts like rising extreme weather events

ISLAMABAD: Pakistan’s National Disaster Management Authority (NDMA) issued a weather alert on Thursday warning of hailstorms and heavy rainfall in the federal capital, Islamabad, and a number of cities in Punjab province from today, Friday. 

The fresh warnings come a day after a severe hailstorm and heavy rainfall lashed Pakistan’s capital, Islamabad, and its surrounding areas, damaging thousands of vehicles and smashing the windows of homes. 

Pakistan is highly vulnerable to climate change, facing numerous impacts like rising temperatures, increased frequency of extreme weather events, and changes in agricultural patterns. The country’s vulnerability is exacerbated by factors like reliance on the Indus River, which is fed by melting glaciers, and its location in a region prone to floods and droughts.

“Heavy rainfall, windstorms, thunderstorms and isolated hailstorms are expected [from Apr. 18-19], posing risks to infrastructure, transportation and agricultural activities,” the NDMA said in a statement. 

It listed cities in upper and central Punjab including Attock, Chakwal, Gujrat, Jhelum, Faisalabad, Hafizabad, Jhang, Khushab, Mianwali, Lahore, Narowal, Sahiwal, Sargodha and Sheikhupura, as being at risk. 

Strong winds accompanied by heavy rain could also cause trees to fall and lead to temporary power outages, the NDMA said, adding that hailstorms posed a threat to weak structures, rooftops, vehicles and power lines. Hail could also damage crops and outdoor structures, particularly those with glass surfaces. The combination of rain and dust could also reduce visibility and increase the risk of road accidents.

The NDMA urged the public to stay informed by using its mobile application, “Pak NDMA Disaster Alert,” for real-time updates and advised tourists and residents to monitor official sources for the latest weather forecasts. 

Travelers were also cautioned to check road conditions before leaving their homes and to avoid unnecessary journeys during severe weather. People living in landslide-prone areas were instructed to stay vigilant and strictly adhere to local safety adviseries.

Experts say there is evidence suggesting a link between climate change and increased hailstorm frequency and intensity. While the exact relationship is still being studied, a warming climate can create conditions more conducive to large hail formation.