KARACHI: Pakistani consumers are increasingly stepping away from cash and putting their trust in digital payments in both in-store and online environments during the pandemic, according to the 2021 Stay Secure Survey launched by Visa. The cash is unlikely to return to its previous high level of use. According to the study, the use of … Read more
TAIPEI: In an industrial unit on the outskirts of Taipei chefs are plating meals that will never be served in a restaurant: welcome to the world of “ghost kitchens”. Even before the pandemic sent an earthquake through the global restaurant trade, the ‘Amazonification’ of commercial kitchens was well underway, but coronavirus lockdowns and restrictions have fuelled … Read more
LONDON: In a memo to staff, the airline said its flight schedule and staff costs will not line up in their current form, BBCreported. BA said it believed this would be a temporary problem, but it was a “serious one which we need to manage”. The warning comes alongside plans to set up a lower … Read more
LONDON: The UK has lost 83 per cent of its main department stores in the five years since the collapse of the BHS chain. The figure highlights the extent of the upheaval in the High Street as the Covid pandemic sped up changes in shopping habits. The data, compiled by commercial property information firm CoStar … Read more
SYDNEY: The Australian airline Qantas on Thursday posted more than $1 billion in annual losses, after what it described as a ‘diabolical’ year caused by the pandemic travel restrictions, a statement issued by the airline said. The national flag carrier reported Aus$1.83 billion in the underlying pre-tax losses for the 12 months to June 30, … Read more
LAHORE: Nespak, under the leadership of its managing director Dr Tahir Masood, has been ranked this year on ENR (Engineering News-Record) Magazine Top International/Global Construction Management/Program Management Firms list, published as part of the ENR Top International/Global Contractors feature in the August 2021 issue of ENR, a US-based ran king magazine, a statement said on … Read more
