Saturday, August 29th, 2020
FPCCI President recommends govt to raise exports to double digit of the GDP
DNA KARACHI, AUG 29 – The Federation of Pakistan Chambers of Commerce and Industry President Mian Anjum Nisar has stressed the need for serious structural reforms, with a keen focus on value-addition for a sustainable economic growth, recommending the government to raise exports to double digit of the GDP till the end of its term, as Pakistan’s exports have bounced back after witnessing decline in last four months. Country’s exports have fetched $1.99 billion in July 2020, witnessing 5.8 percent growth in dollar terms. Mian Anjum Nisar said thatRead More
Prices of petroleum products likely to go up by Rs5
ISLAMABAD, AUG 29 (DNA) – The government is likely to increase the prices of petroleum products by Rs5 per litre from September. Informed sources said the Oil and Gas Regulatory Authority (Ogra) has estimated an increase of about Rs5 per litre in the prices of petrol and HSD for the the month of September. The final decision regarding, increase in the PoL prices will be taken by the federal government on August 31. On July 28, Economic Coordination Committee (ECC) meeting headed by Abdul Hafeez Shaikh had approved a recommendationRead More
“Karachi needs $ 1 billion of capital investment to close the infrastructure gaps if you want to save this city”
DNA KARACHI, AUG 29 – FPCCI’s Businessmen Panel Secretary General (Federal) Ahmad Jawad said Karachi needs concrete development package to uplift basic infrastructure from sevrage to drainage and good transport system and should be completed in coming three years with out any procedural hurdles. Talking to media on Saturday, he said it is pity that in the last 20 years illegal encroachments, constructions have chocked the breathing space of this city, despite billions of revenue per year had been given to federal and provincial governments. It’s time karachi needs properRead More
Tourism in Pakistan: Scenic Ghanool Valley near Balakot is a best tourism destination for a one-week break
A picturesque landscape of snow-capped peaks, stunningly beautiful hill stations with scenic and eye-catching surroundings tempt the tourists to visit Ghanool which is very close to Balakot —- The Gateway to Kaghan Valley. Ghanool is a heaven-like valley on earth, which is a village and union council of Mansehra district in the Khyber-Pakhtunkhwa province of Pakistan. It is located in Balakot tehsil and lies in an area that was affected by the 2005 Kashmir earthquake. The beautiful high mountains and serene spots mesmerized the visitors. Ghanool has four village councilsRead More
Pakistan’s Asif Ali reprimanded for violating CPL code of conduct
Pakistan and Jamaica Tallawahs batsman Asif Ali has been charged 20 per cent of his match fee for violating the code of conduct in the ongoing 2020 Caribbean Premier League (CPL). “During the Tallawahs’ match against the Guyana Amazon Warriors on 25 August at Queen’s Park Oval, Ali swung his bat in the direction of opposition bowler Keemo Paul when he was dismissed in the eighth over of his team’s batting innings,” a statement on the CPL website read. The 28-year-old was found guilty of violating section 2.18 of theRead More
Melbourne storm: Three killed as winds cause widespread damage
Three people – including a four-year-old boy – have been killed by falling trees after a storm lashed the Australian state of Victoria. Gusts of up to 158km/h (100mph) were recorded, causing widespread damage and knocking out power to 95,000 homes. The deaths happened in suburbs across the state capital, Melbourne – a city already reeling from a Covid outbreak. On Friday, residents in 88 suburbs were also warned that the storm had contaminated drinking water. Locals made more than 2,100 calls for emergency assistance after the storm crossed theRead More