KARACHI: The Pakistan Yarn Merchants Association (PYMA) has appealed Prime Minister Imran Khan to take measures for reducing the cost of production of value-added textile industry, in view of the shortage of cotton, cotton yarn and the skyrocketing prices and allow duty-free import of cotton and cotton yarn from Turkey, India and Uzbekistan by land … Read more
ISLAMABAD: The government has devised a concrete strategy to ensure access to affordable, reliable, sustainable and indigenous electricity for all by 2030. According to the three-year performance report of the government released on Thursday, it inherited multiple challenges in the power sector, including system constraints, fast rising circular debt, inefficiencies driven by corruption, theft, growing … Read more
France: France would fully end its operation to evacuate French nationals and Afghans in danger from Taliban-controlled Kabul by Friday evening, said the Prime Minister Jean Castex. “Beyond this date, it will not be possible to carry out evacuations from Kabul airport,” Castex told RTL radio Thursday. A source close to the government added that … Read more
Prime Minister Imran Khan hints at appointing Rameez Raja, former Pakistan captain, as the new chairman of the Pakistan Cricket Board (PCB), according to sources. Rameez and Ehsan Mani arrived at the PM Office to discuss the appointment of the new chairman of the PCB. Furthermore, current chief Mani has been told that he will … Read more
Prime Minister Imran Khan will meet Pakistan Cricket Board (PCB) chairman Ehsan Mani in the coming days. During this meeting, the PM will make important decisions regarding the appointment of the new chairman. The upcoming meeting could be the last one for Mani, according to the media. As the sources claim that the PCB chairman … Read more
ISLAMABAD: The Pakistan Bait-ul-Maal (PBM) has distributed Rs3.83 billion among the deserving people during the previous financial year 2020/21 under various welfare-oriented schemes. Having an annual budget of Rs6.11 billion in the financial year 2020/21, the PBM had provided medical treatment of fatal diseases related to liver, kidney, heart, lungs, etc, to over 100,000 indigent … Read more
JERUSALEM: Israel‘s Prime Minister Naftali Bennett on Friday received the third dose of the coronavirus vaccine, the state’s Prime Minister’s Office said. Earlier on Friday, the Israeli health ministry lowered the eligibility age for the third dose of the vaccine from 50 to 40, following the recent sharp increase in Covid-19 morbidity in the country. … Read more
In view of the evolving regional security situation, Saudi Chief of General Staff (CGS) has expressed ‘full support’ for Pakistan in efforts for peace in the region, while meeting Pakistan’s counterpart at the General Headquarters in Rawalpindi, according to an official statement issued on Monday. During the meeting, geo-strategic environment, security situation in Afghanistan and … Read more
KARACHI: The Trade Development Authority of Pakistan (TDAP) conducted a training session aimed at educating Pakistani exporters to benefit from the e-commerce giant Amazon on August 11, 2021, a statement said on Monday. The session was based on four modules that educated the sellers on account registration, product listing, payment procedure, and logistics strategy. The … Read more
LAHORE: Special Assistant to Prime Minister on Social Protection and Poverty Alleviation Senator Dr Sania Nishtar stressed the need for making more investments in research, modernization of hardware and software in agriculture in order to ensure more sustainability of the agriculture sector. “Being an agrarian economy, we need to invest in research, modernisation of hardware … Read more
LAHORE: The installed capacity of Diamer-Basha Dam will be 4,500 megawatt (MW) to generate 18,100 gigawatt hour power annually, while the gross storage capacity of the project will be 8.1 million acre feet (MAF) with live storage capacity of 6.4MAF, according to an official information received on Thursday. It revealed that the Diamer-Basha Dam project … Read more
ISLAMABAD: Prime Minister Imran Khan was taking keen interest in water reservoirs’ projects to ensure their completion on a fast-track basis, a government official said on Thursday. In a series of tweets, Minister of State for Information and Broadcasting Farrukh Habib said that the work on several water projects, including Diamer-Basha Dam, Dasu hydropower Dam, … Read more
ATHENS: Hundreds of firefighters were battling to control two massive wildfires in Greece on Wednesday, one raging for nine straight days, that have left hundreds homeless and caused incalculable damage. With the assistance of a huge multinational force, Greek fire crews were fighting to beat back blazes on the island of Evia and in the … Read more
ISLAMABAD: Prime Minister Imran Khan is visiting Bahawalpur on Wednesday (today), where he will launch the agricultural projects aimed at increasing the produce of South Punjab, at the Kisaan Convention. The projects will facilitate the local farmers in getting a better yield of their crops. The prime minister will also be given a briefing on … Read more
BAHAWALPUR: The purchasing power of the people has increased 37 per cent due to the dynamic policies of the federal government, an official said. Addressing a news conference, Special Assistant to the Prime Minister on Political Communication Shehbaz Gill said that according to the statistics, the purchasing power of common people in Pakistan has increased … Read more
CANBERRA: Australian Prime Minister Scott Morrison‘s approval rating has fallen to its lowest level since March 2020, according to the latest Newspoll published on Sunday night. Morrison’s personal approval rating has fallen into negative territory for the first time since the coronavirus hit Australia. The opinion poll found that the proportion of voters satisfied with … Read more
KARACHI: The investment in premium prize bonds has surged 132 per cent to over Rs44 billion during the fiscal year 2020/21, according to the official data released on Monday. The investment in premium prize bonds with the denominations of Rs25,000 and Rs40,000 increased to Rs44.13 billion by the end of June 30, 2021, compared with … Read more
Pakistan has formally informed Afghanistan that it has conducted a full investigation into the alleged abduction of the daughter of the Afghan ambassador from Islamabad, according to which the complainant did not fully report the incident. The alleged abduction of the Afghan ambassador’s daughter came to light on July 16. According to the report, the … Read more
AN Electronic Voting machine (EVM) will be presented in the National Assembly (NA) prior to the session on Monday. Federal Minister for Science and Technology Shibli Faraz has invited the NA members to observe the operations of EVM and provide their valuable remarks about it. In a statement issued on Saturday, Senator Faraz said that … Read more
ISLAMABAD: Prime Minister Imran Khan on Thursday directed to finalise the formulation of Tight Gas Policy by the end of September. Tight Gas refers to natural gas reservoirs produced from the reservoir rocks with such low permeability that considerable hydraulic fracturing is required to harvest the well at economical rates. The prime minister issued these … Read more
KUALA LUMPUR: Malaysian Prime Minister Muhyiddin Yassin defied on Wednesday mounting pressure to quit, saying he retained majority support among lawmakers and would prove it when the nation’s parliament reconvened next month, agencies reported. The biggest bloc in Muhyiddin’s ruling alliance, the United Malays National Organisation (UMNO), is split on its support for the prime … Read more
DUBAI: The Dubai International (DXB) will see a surge in passenger numbers in the “coming weeks and months”, Dubai Airports CEO Paul Griffiths said. The UAE announced on Tuesday that it would allow its resident visa holders stranded in India, Pakistan, Sri Lanka and Nepal to enter the country from August 5. The General Civil … Read more
The Oil and Gas Regulatory Authority (OGRA) has increased the price of Compressed Natural Gas (CNG) in Punjab and Sindh. The price went up after the rupee devalued against the US dollar. The new price of CNG in Sindh has been fixed at Rs150 per kilo, while in Punjab it will be Rs112 per kilo. … Read more
ISLAMABAD: Prime Minister Imran Khan on Monday said that the government was fully committed to encourage and facilitate various sectors of the economy for the purpose of wealth creation to permanently overcome the financial challenges. The prime minister said the government was vigorously implementing its plans to promote the construction industry and incentivised the export … Read more
KARACHI: The Pakistan equity market started the week on a bullish momentum where optimism prevailed amid exports growing by an impressive 17.3 per cent in July. Moreover, inflation standing at 8.4 per cent also raised the market sentiment. Ahsan Mehanti at Arif Habib Corp said that the stocks showed recovery in the earnings season, amid … Read more
KARACHI: The overall exports of Pakistan surged 17.3 per cent to $2.35 billion in July 2021, compared with the exports of $2 billion in July 2020, a senior government official said. In a tweet, Adviser to the Prime Minister on Trade and Commerce Abdul Razak Dawood said: “These are the highest-ever exports in the month … Read more
LAHORE: Though the Covid-19 pandemic has endangered the global economy and disrupted billions of lives around the world; however, Pakistan stays among the blessed countries due to the well-thought-out policies and timely corrective measures of the government, particularly in the construction and industrial sectors. The ambitious Central Business District (CBD) project at the Walton Airport … Read more
DUBAI: The service will help businesses overcome the challenges to meet best trade and customs facilities and enhance compliance, abidance and revenues under the trade activity in Dubai. The service launched virtually in the presence of Ahmed Mahboob Muabih, Director General of Dubai Customs, and Khalid Ali Al Bustani, Director General, FTA, along with Dubai … Read more
