Monday, August 10th, 2020
Toyota sales in Pakistan drop 57% in 2020
KARACHI, AUG 10 (DNA) – Indus Motor Company (IMC), the firm that assembles and sells Toyota cars and other vehicles in Pakistan, reported that yearly profits fell 63% in fiscal year 2020 and COVID-19 is not the only reason. Car sales in the country were already dropping when the coronavirus emerged and sent the country, just like the rest of the world, into lockdown. Interest rates were high at 13.25% before COVID-19, which made car financing expensive for buyers, and research analysts say it has also been one of theRead More
James Anderson denies retirement rumors as he eyes return to form
London : England’s most successful bowler James Anderson says he is not pondering his test retirement but conceded the decision to step away could be taken out of his hands if he continues to underwhelm. The 38-year-old has endured a frustrating summer, managing just six wickets in his last three tests, fuelling speculation that his 17-year test career could be drawing to a close. Anderson struggled for rhythm in England’s three-wicket win over Pakistan in the first test at Manchester but the Lancashire pacer confirmed that while he was disappointed withRead More
15 held for involvement in land grabbing activities
DNA ISLAMABAD, AUG 10 – Islamabad Koral Police have arrested 15 land grabbers during its operation against those involved in attempt to occupy land in `Gulberg Green’ and recovered weapons and ammunition from them. According to police spokesperson, Islamabad police have launched effective crackdown against land grabbers following directions of Inspector General of Police (IGP) Islamabad Muhammad Aamir Zulfiqar khan. This operation is being conducted under the supervision of DIG (Operations) Waqar Uddin Syed and all Zonal SPs are making renewed efforts to ensure arrest of land mafia. Read More
Pakistan ‘a good example’ for world to follow on COVID-19 policies: UNGA president-elect
ISLAMABAD: United Nations General Assembly (UNGA) President-elect Volkan Bozkir said Pakistan is a “good example” for the world to follow when it comes to dealing with the coronavirus pandemic. “Pakistan has been a good example to the world with its policies related to the global pandemic. It has performed better than any other country in dealing with global pandemic and I am happy to observe it also with my own eyes”, Bozkir said while addressing a joint press conference with Foreign Minister Shah Mahmood Qureshi on Monday. The UNGA president-electRead More
Resolution of Kashmir dispute key to sustainable peace in SA: UNGA President-elect
ISLAMABAD, AUG 10 – The President-elect of the 75th Session of the United Nations General Assembly (UNGA) Volkan Bozkir has stressed that resolution of Jammu and Kashmir dispute is key to sustainable peace in South Asia. While addressing a News Conference along with the Foreign Minister Shah Mahmood Qureshi in Islamabad on Monday, he said that regional security should be maintained through political and diplomatic means. Volkan Bozkir said that difficult challenges can be resolved peacefully through meaningful mutual engagements. The Press Conference followed Volkan Bozkir’s separate meetings with the ForeignRead More
JS Bank named Pakistan’s best SME Bank
DNA Karachi – AUG 10 – : JS Bank has been declared as Pakistan’s Best SME Bank at the Asian Banking & Finance Retail Banking Awards, 2020. This is the second time in a row that the Bank has received this accolade. The Awards bring together banks from across Asia to recognize banks that stand out with groundbreaking products and services. JS Bank has consistently ranked amongst the top three in lending to small and medium-sized enterprises (SMEs). During 2019, the Bank’s overall SME client roster increased to approximatelyRead More