Tuesday, April 27th, 2021
Qureshi discusses Covid-19 situation with Canadian FM
ISLAMABAD: Foreign Minister Makhdoom Shah Mahmood Qureshi received a telephone call from Foreign Minister of Canada Marc Garneau. During the call, matters pertaining to COVID-19 pandemic, bilateral ties and regional situation were discussed. The Foreign Minister stated that Pakistan and Canada had historically enjoyed cordial relationship and underlined the need to enhance the bilateral relations in political, economic, security and cultural fields for mutual benefit of the two countries. The Canadian Foreign Minister briefed the Foreign Minister on the decision by the Canadian Government to suspend flights to and fromRead More
China pledges to continue providing vaccine to Pakistan
BEIJING: China on Tuesday pledged to stand with Pakistan to provide support to control the third wave of COVID-19 and continue supply of vaccines to help the all-weather strategic cooperative partner till final defeat of the deadly virus. “As an all-weather strategic cooperation partner, China will continue to stand with Pakistan to provide support and help to the best of our capability for the final defeat of the virus,” Chinese Foreign Ministry’s Spokesperson Wang Wenbin said during his regular briefing. He said on April 26 the Chinese government delivered toRead More
Byco’s gross revenues drops to Rs. 150.1 billion from Rs. 192.1 billion
KARACHI (DNA) -Pakistan’s leading oil refining company, Byco Petroleum Pakistan Limited (“Byco”), reported financial results for the nine months ending on 31 March 2021 today. Byco’s gross revenues dropped to Rs. 150.1 billion from Rs. 192.1 billion posted in the same period last year, due to pandemic-induced drop in oil prices in 2020. Due to price risk mitigating measures implemented during this period and improved inventory management, the gross profits more than quadrupled to Rs. 5.47 billion from Rs. 1.19 billion the previous year. Operating profit rose to Rs. 4.04Read More
Maryam slams govt. for mishandling Covid-19
Says the government has failed to curb coronavirus, implement SOPs, or safeguard people’s health ISLAMABAD: PML-N Vice President Maryam Nawaz said Tuesday the PTI-led government is a “curse” on people, as she criticised it for not handling the coronavirus situation in the right manner. “We want this curse (incumbent government) to end …. we can bear them, but people cannot,” the PML-N vice president said while addressing a press conference alongside the Prime Minister of Azad Jammu & Kashmir (AJK) Raja Farooq Haider and other party leaders. Speaking about O/ARead More
PML-N’s Javed Latif arrested
LAHORE: Police took Pakistan Muslim League-Nawaz (PML-N) MNA Javed Latif into custody on Tuesday after a sessions court dismissed his bail in a case pertaining to allegedly defaming state institutions. The PML-N leader appeared before the court as additional sessions judge Wajid Minhas resumed hearing. The court reserved a verdict after hearing arguments of both defence counsel and prosecutor. Latif left the courtroom before the pronouncement of the verdict. The Crime Investigation Agency (CIA) arrested him near Saggian Pul after the court dismissed his bail plea, according to his lawyer.Read More
Japan, Pakistan agree on debt deferral of JPY 40bn
Notes to this effect were signed and exchanged between MATSUDA Kuninori, Ambassador of Japan and Noor Ahmed, Secretary Economic Affairs ISLAMABAD: Japan and Pakistan agreed on debt deferral amounting to JPY 40 billion (approximately USD 370 million) for making fiscal space to fight against COVID-19 in Pakistan. This is in line with the G20 Debt Service Suspension Initiative (DSSI) agreed on April 15, 2020 and the MOU signed between Pakistan and the creditor countries on June 9, 2020. Notes to this effect were signed and exchanged between H.E. MATSUDA Kuninori,Read More