{"id":34696,"date":"2024-04-29T18:09:56","date_gmt":"2024-04-29T13:09:56","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=34696"},"modified":"2024-04-29T18:52:39","modified_gmt":"2024-04-29T13:52:39","slug":"banks-to-remain-closed-on-may-1-on-account-of-labour-day","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/banks-to-remain-closed-on-may-1-on-account-of-labour-day\/","title":{"rendered":"Banks to remain closed on May 1 on account of Labour Day"},"content":{"rendered":"<p class=\"\">KARACHI: Banks across Pakistan will remain closed on Wednesday (May 1, 2024) on account of Labour Day, the State Bank of Pakistan (SBP) announced on Monday.<\/p>\n<p class=\"\">A brief notification issued by the central bank stated, &#8220;The State Bank of Pakistan will remain closed on May 1, 2024 (Wednesday) being a public holiday on the occasion of Labour Day, as declared by the Government of Pakistan.&#8221;<\/p>\n<p>Meanwhile, the Pakistan Stock Exchange (PSX) also announced that it will remain closed on upcoming Wednesday to observe Labour Day.<\/p>\n<p><em><strong>READ MORE:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/business\/monetary-policy-2024-sbp-keeps-interest-rate-unchanged-at-22-per-cent\/\">Monetary policy 2024: SBP keeps interest rate unchanged at 22 per cent<\/a><\/strong><\/em><\/p>\n<p>In a notification on Monday, PSX said, \u201cAll concerned are hereby informed that Pakistan Stock Exchange Limited will remain closed on Wednesday, May 1, 2024, being a public holiday declared by the Government of Pakistan on the occasion of Labour Day.\u201d<\/p>\n<p><span data-preserver-spaces=\"true\">Every year on\u00a0<\/span><span data-preserver-spaces=\"true\">May 1<\/span><span data-preserver-spaces=\"true\">, the world celebrates International Labor\u00a0<\/span><span data-preserver-spaces=\"true\">Day,<\/span><span data-preserver-spaces=\"true\">\u00a0with a renewed commitment to upholding workers\u2019 rights. Various public and private organizations host conferences, seminars, marches, walks, and webinars to honor the ultimate sacrifices of laborers.<\/span><\/p>\n<div class=\"elementor-element elementor-element-473dfed elementor-widget elementor-widget-theme-post-content\" data-id=\"473dfed\" data-element_type=\"widget\" data-widget_type=\"theme-post-content.default\">\n<div class=\"elementor-widget-container\">\n<p><span data-preserver-spaces=\"true\">The first labor policy was devised in 1972, in which\u00a0<\/span><span data-preserver-spaces=\"true\">May 1<\/span><span data-preserver-spaces=\"true\">\u00a0was declared an official holiday. For the unversed, World Labour Day\u00a0<\/span><span data-preserver-spaces=\"true\">is marked<\/span><span data-preserver-spaces=\"true\"> to remember the massacre of laborers when ten unarmed demonstrators were shot and killed in the year 1937.<\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: Banks across Pakistan will remain closed on Wednesday (May 1, 2024) on account of Labour Day, the State Bank of Pakistan (SBP) announced on Monday. A brief notification issued by the central bank stated, &#8220;The State Bank of Pakistan will remain closed on May 1, 2024 (Wednesday) being a public holiday on the occasion [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":33375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16005,16006,16007],"class_list":["post-34696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bank-to-remain-close-on-may-1","tag-labour-day-holiday-in-pakistan","tag-may-1-bank-holiday"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/34696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=34696"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/34696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/33375"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=34696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=34696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=34696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}