Sunday, December 6th, 2020
Unhealthy Competition among VISA consultancy firms in Pakistan
DNA ISLAMABAD, DEC 6 – Pakistan heavily relies on international remittances to sustain its economy. The money sent by overseas Pakistanis even exceeds the country’s export receipts. Remittance offers a quick substitute to conventional exports to earn foreign exchange as increasing exports require a complete eco-system to be functional and supportive to boost the numbers. Pakistan with the largest young population has best utilized its skilled labor to fill this gap. Pakistan’s remittance inflows remained above $2 billion for the fifth consecutive month in October 2020, which would help inRead More
Saudi prince strongly criticises Israel at Bahrain summit
RIYADH, DEC 6 – A prominent Saudi prince harshly criticised Israel on Sunday at a Bahrain security summit that was remotely attended by Israel’s foreign minister. Prince Turki al-Faisal, who led Saudi intelligence for more than two decades and served as ambassador to the United States and Britain, warned that any normalisation deals needed to help the Palestinians obtain their own independent state. He described Israel as a “Western colonising” power. He said Israel has “incarcerated (Palestinians) in concentration camps under the flimsiest of security accusations — young and old,Read More
Italy changes conditions for entry into its territory for Romanians
Italy is temporarily changing the conditions for entry into its territory for Romanians ROME, DEC 6 – The Ministry of Foreign Affairs states that the Italian authorities have revised the conditions for entry into the Italian Republic, in the context of the evolution of the COVID-19 pandemic. Until December 15, Romania was transferred to list C of Annex 20 of the decree, thus eliminating the automatic measure of self-isolation for 14 days for all persons arriving from / transiting Romania. Those wishing to enter Italy must take a negative coronavirusRead More
South Africa-England ODI abandoned after positive Covid-19 tests
Sunday’s One Day International between South Africa and England in Paarl has been abandoned after two members of the tourists’ party returned unconfirmed positive tests for the novel coronavirus, the England and Wales Cricket Board (ECB) said. A decision will be made on whether the final two matches of the series will be played on Monday and Wednesday as scheduled once the results of the tests have been ratified. The abandonment follows a fresh round of testing after two hotel workers in the bio-secure environment in which both teams areRead More
FBR, PRA pushing industry to pay double tax
DNA KARACHI, DEC 6 – The Friends of Business and Economic Reforms (FEBR) on Sunday called for harmonization between Federal Board of Revenue (FBR) and Punjab Revenue Authority (PRA) with a view to avoid double taxation, as the both tax collecting agencies have started sending notices to the industry to collect the same tax FEBR President Kashif Anwar said that the FBR and the PRA simultaneously has been pushing the manufacturers to submit ‘toll manufacturing sales tax’ and ‘workers welfare fund’. So, the manufacturers, who have been squeezed between theRead More
Marriage halls, restaurants industry closure to hit overall economy: Nauman Kabir
DNA LAHORE, DEC 6 – The Pakistan Industrial and Traders Association Front chairman Mian Nauman Kabir has warned the government that closure of marriage halls and restaurants will hit the economy hard, as they are creating millions of jobs in the country. While talking to a delegation of the restaurants and banquet halls association’s members, he said that marriage halls and restaurants industry are also one of the essential food sectors and their closure will damage the overall economy of the country. The PIAF is ready to join hands withRead More