ISLAMABAD: The Ministry of Economic Affairs and German bank signed a financing agreement for Phase-1 of billion tree afforestation support programme, a statement said on Friday. The Country Director of KfW Development Bank, Sebastian Jacobi and Secretary Economic Affairs Division, Mian Asad Hayaud Din signed the agreement in Islamabad, it added. Germany will provide a … Read more
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated legal action against various companies for carrying unauthorised and illegal business activities, a SECP notice stated. The companies, through their online platforms/websites are involved in illegal schemes regarding fractionalisation of real estate assets and are selling those fractions to the public at large, it … Read more
Fawad Khan confirmed being a part of the upcoming Disney-Hotstar series after a lot of rumors. Fawad Khan is in the cast, which includes a number of Pakistani stars, as previously reported. Read more: Nimra Bucha to star in Ms. Marvel alongside Iman Vellani When asked if he is a part of Miss Marvel during … Read more
At its international premiere at the Red Sea Film Festival in Jeddah on Wednesday, Ranveer Singh and the film’s 83 casts and crew received a standing ovation from the crowd. On Twitter, a video of it was shared. In the video, Ranveer Singh can be seen clapping and joining his hands in gratitude for the … Read more
Alia Bhatt swam in the pool with Meghna Goyal and Devika Advani, two of her school pals. Devika captioned photos of the three of them posing in the sea on Instagram, “Little mermaids.” Alia was dressed in a purple one-shoulder bikini top and pants. Her hair was pulled back and tucked into a bun. Fans … Read more
The Queen was all set to join her family for the traditional Christmas lunch but had to cancel her gathering yet again. This was due to the precautionary measures against the surging Omicron cases in the UK. A senior spokesperson for the Royal family said: “The pre-Christmas family lunch will not be going ahead. The … Read more
Since returning from their vacation, newlyweds Katrina Kaif and Vicky Kaushal have been making headlines. Katrina created her first dish, Halwa, for Vicky and his family on Friday and proudly displayed it on her social media account. Vicky wasn’t far behind, expressing his admiration for it in the cutest way possible. Vicky’s reaction to Katrina’s … Read more
According to authorities within the Sindh Health Department, a second case of the Omicron form of coronavirus has been recorded in Karachi. The 35-year-old afflicted man arrived in Karachi from the United Kingdom and tested positive for coronavirus during random testing. Omicron infection was later confirmed in the infected person using genome sequencing. However, the … Read more
KARACHI: The Trade Development Authority of Pakistan (TDAP) will participate in the Intersec 2022 with the Pakistan Pavilion, a statement said on Friday. TDAP will provide subsidised stalls to increase the exports of personal protection equipment (PPE), corporate wear and uniform protecting clothing, gloves, workwear, foot protection, hand and arm protection, it added. These subsidised stalls … Read more
ISLAMABAD: The Coca-Cola Foundation, the global philanthropic arm of the Coca-Cola Company, is supporting UNHCR efforts in delivering humanitarian aid for the people displaced by the recent conflict in Afghanistan. Read more: FM Shah Mahmood Qureshi discusses OIC session with journalists, diplomats A $300,000 grant has helped support efforts by the UNHCR, the UN Refugee … Read more
Being a successful entrepreneur with over three decades of experience of working with top companies dealing in agricultural inputs, Muhammad Asim started his career as technical sales officer in Ciba-Geigy after doing master’s in agriculture from the University of Agriculture Faisalabad in 1990. Asim is now the regulatory science team lead of crop science division in … Read more
KARACHI: The Sindh High Court (SHC) on Friday directed commissioner Karachi and Karachi Metropolitan Corporation (KMC) to sort out the dispute arising from the recent demarcation of land in Orangi Township and Baldia Cottage Industrial Zone. The counsel for KMC, Hassan Abidi, informed a two-member bench comprising Justice Zafar Ahmed Rajput and Justice Faisal Kamal … Read more
KARACHI: The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more
KARACHI: Large-scale manufacturing industries (LSMI) in October, 2021 showed big industry output inched down 1.2 per cent year-on-year, Pakistan Bureau of Statistics (PBS) data showed. “On yearly basis in October 2021, the decline in production of non-metallic mineral products i.e., cement declined 13.2 per cent, pharmaceuticals i.e., tablets 23.1 per cent, capsules 44.4 per cent … Read more
BISHKEK, Dec. 17 (Xinhua) — Chinese vaccines against COVID-19 are in high demand in Kyrgyzstan, director of the Republican Center for Immunoprophylaxis of Kyrgyzstan Gulbara Ishenapisova has said. People have received the Sinopharm vaccine and “it began to be in good demand,” the director told Xinhua on Wednesday, noting that the Kyrgyz health authorities have … Read more
KARACHI: The inflows of foreign direct investment (FDI) into Pakistan has increased 12.3 per cent to $798 million during the first five months (July-November) of the fiscal year 2021/22, the State Bank of Pakistan (SBP) reported on Friday. The FDI during the same months of the last year stood at $710 million, according to the … Read more
DUBAI: Karachi, Pakistan’s busiest business hub has a massive investment potential for the UAE and GCC countries. It has the potential to boost the bilateral trade, investment and tourism between the UAE and Pakistan. This was the crux of speeches at the Sindh Investment Conference held in Dubai on Tuesday December 14, 2021. The conference … Read more
The federal government has declared a public holiday in Islamabad on December 18 and 19 (Saturday and Sunday) as Pakistan prepares to host a summit of foreign ministers from the Organisation of Islamic Cooperation (OIC) this Sunday to address the looming humanitarian crisis in Afghanistan. Read more: Pakistan to host OIC FMs session on Afghanistan … Read more
KABUL: Afghanistan’s Finance Ministry under the new Taliban government has prepared a draft national budget that, for the first time in two decades, is funded without foreign aid, a spokesman said. It comes as the country is mired in economic crisis and faces a looming humanitarian catastrophe the United Nations has called an “avalanche of hunger”. … Read more
BUENOS AIRES: An illusion of prosperity, a headlong rush into debt and years of austerity collided 20 years ago to provoke one of the biggest crises in Argentina’s history. The subsequent social unrest left scars that can still be felt today. The scenes were dramatic: people pounding on bank shutters, looting shops and falling under a … Read more
PARIS, (AFP) – Scientists have discovered the world’s first true millipede, a study said Thursday, describing a long, thin and segmented creature with a whopping 1,306 legs — more than any other animal ever. Worm-like creepy critters with hundreds of legs are commonly known as millipedes, a name that roughly translates to “thousand feet” — … Read more
LAHORE: The Lahore High Court (LHC) on Friday rejected petitions seeking inclusion of suspension period of local bodies due to the enactment of the Punjab Local Government Act, 2019 in their tenure to complete a five-year term. Read more: LHC seeks reply from Punjab LG secretary in LG representatives case Justice Jawad Hassan delivered the … Read more
KARACHI: The rupee fell to a record low of Rs178.04 against the dollar at the interbank foreign exchange market on Friday, dealers said. The demand for the dollars for import and corporate payments remained high during the day, they said. The exchange rate recorded a decline of six paisas against the greenback from the previous … Read more
WASHINGTON: Amid ongoing talks on a new aid programme, the IMF is examining data from Lebanon’s government on the scope of financial sector losses, estimated at about $69 billion, a fund spokesman said on Thursday. “I’d say there’s been considerable progress in identifying financial sector losses,” IMF spokesman Gerry Rice told reporters in reference to the … Read more
KARACHI: The Sindh High Court (SHC) on Friday ordered to cut off water, gas and electricity connections of Makkah Terrace in the Saddar area of Karachi which it had ruled was built without leaving ‘Compulsory Open Space’. Earlier, a bench of SHC comprising Justice Zafar Ahmed Rajput and Faisal Kamal Alam was apprised that some … Read more
BEIJING, Dec. 17 (Xinhua) — China has provided its Fengyun meteorological satellite data to 121 countries and regions, including 85 along the Belt and Road, its meteorological authority said Friday. Fengyun satellites are a series of remote-sensing meteorological satellites developed by China. Two new satellites launched this year, Fengyun-3E and Fengyun-4B, have already received orders … Read more
ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Chaudhry on Friday said gas reservoirs were depleting in the country every year. “Last year and this year gas depleted by nine per cent,” Fawad Chaudhry said while addressing media in Islamabad. He was flanked by Special Assistant to the Prime Minister on Political Communication Shahbaz Gill … Read more
MEXICO CITY: Mexico’s central bank on Thursday raised its benchmark interest rate for the fifth consecutive time in a continuing attempt to rein in spiralling inflation. Twelve-month inflation hit 7.37 per cent in November, its highest level in 20 years due to the increase in the prices of agricultural and energy products. The bank’s governing … Read more
