News Archives for Latest - 2021-02-20

Pakistan

Two terrorists killed in North Waziristan operation

“During intense exchange of fire two terrorists, including a terrorist commander Rehmat alias Khalid, [were] killed," said the military's media wing. Havaldar Shehzad Raza was martyred during the exchange of fire with the terrorists, it added.

Updated 21 Feb, 2021 03:33am

Pakistan

PTI legislators on one page to support its candidates in Senate election

Hafeez said that how a country could become prosperous if its exports were not sufficient and have low dollars reserves.

Published 20 Feb, 2021 08:55pm

Pakistan

Status of mother tongue acknowledged for national identity: CM

The CM maintained that promotion of the mother tongue was also a social responsibility.

Published 20 Feb, 2021 08:54pm

Pakistan

AJK PM assures all possible assistance to Indian firing hit AJK population inhibiting areas close to LoC

He told the delegation that decision about Nakyal would be taken in consultation with the party workers.

Published 20 Feb, 2021 08:54pm

Pakistan

Hafeez Sheikh calls on top PML (Q) leadership

The Prime Minister would have to make difficult decisions for the betterment of the country and the nation, they added.

Published 20 Feb, 2021 08:53pm

Europe

Coronavirus toll at 1100 GMT Saturday

At least 110,700,000 cases of coronavirus have been registered. Of these, at least 67,895,900 are now considered recovered.

Published 20 Feb, 2021 08:39pm

World

Over 200 million vaccine doses administered globally

Among the 29 countries the institution ranks as "low-income", only Guinea and Rwanda have begun vaccinating.

Published 20 Feb, 2021 08:39pm

Sports

One Slam at a time, says Osaka as expectations soar

She becomes only the third player after Monica Seles and Roger Federer to win their first four major finals, and will now rise to second in the world rankings.

Published 20 Feb, 2021 08:36pm

Europe

World tops 200 million vaccine doses as G7 boosts funding

US President Joe Biden on Friday reassured people the shots were safe as he visited a Pfizer factory in Michigan.

Published 20 Feb, 2021 08:34pm

Middle East

Clashes between Iraqi forces and IS leave at least 7 dead

Ensuing clashes killed five IS fighters and two tribal pro-government forces, the military statement said.

Published 20 Feb, 2021 08:32pm

Europe

Russia says detected first case of H5N8 avian flu in humans

While the highly contagious strain H5N8 is lethal for birds it has never before been reported to have spread to humans.

Published 20 Feb, 2021 08:29pm

World

Kyrgyzstan holds ex-official on new corruption charges

With the verdict, Matraimov was released from house arrest, avoided a jail sentence and saw a freeze on property assets lifted.

Published 20 Feb, 2021 08:29pm

World

EU's top diplomat condemns Myanmar violence

He said a meeting in Brussels of EU foreign ministers on Monday "will discuss... the latest events in Myanmar to take appropriate decisions".

Updated 20 Feb, 2021 08:29pm

Pakistan

Liaquat Khattak removed from KP cabinet after PTI's defat in PK-63 by-poll

The Pakistan Tehreek-e-Insaf (PTI) government in Khyber Pakhtunkhwa on Saturday removed Liaquat Khattak from the...

Published 20 Feb, 2021 08:13pm

Pakistan

PDM agenda is to protect its vested interests: CM Punbjab

He maintained that people want development and prosperity, not chaos adding that these elements cannot hoodwinked Pakistanis once again.

Published 20 Feb, 2021 08:04pm

Pakistan

Railways to be back on its feet soon: Swati

Swati said that railways have been a vital part of national life and play a crucial role in transforming lives and landscapes.

Published 20 Feb, 2021 08:04pm

Pakistan

Listen to your parrots, return to Kashmir dialogue with Pakistan: Afridi tells Modi

He said that India's true face had been exposed by the recent report of the EU DisInfolab report.

Published 20 Feb, 2021 08:02pm

Pakistan

Shahbaz Gill invites opposition to support electoral reforms for transparency

He said that there was now no chance of horse-trading in Senate election.

Published 20 Feb, 2021 08:01pm

Pakistan

COVID-19 claims 12 more patients, infects 404 others

He added that 12 more patients of COVID-19 lost their lives lifting the death toll to 4,288 that constituted 1.6 percent death rate.

Published 20 Feb, 2021 08:00pm

Pakistan

President urges France ‘not to entrench discrimination against Muslims into laws’

Alvi said the damage might not be evident at present, but would ultimately end up in a terrible scenario of hatred and hostility.

Published 20 Feb, 2021 07:59pm

Pakistan

NA-221 Tharparkar-I bye-election on Feb 21

According to ECP, a control room has been established at ECP Secretariat, Islamabad, under the supervision of Additional Director General (Elections-II) to receive polling day complaints.

Published 20 Feb, 2021 07:58pm

Pakistan

Prices of Wheat Flour, Rice, Pulses, Sugar remain Unchanged on Utility Stores

The Utility Stores was striving its best to provide quality products to the masses on prices lower than open market, ensuring food security.

Published 20 Feb, 2021 07:47pm

Pakistan

KP CM directs grand operation against illegal constructions in Mardan Division

He has further directed the divisional administration for effective action to prevent activities in river bed causing damages to infrastructures on rivers.

Published 20 Feb, 2021 07:44pm

Pakistan

Fazlur Rehman visits Mushahidullah’s residence to offer condolence

Secretary General JUI-F , Senator Maulana Abdul Ghafoor Haideri accompanied Maulana Fazlur Rehman.

Published 20 Feb, 2021 07:42pm

Pakistan

Perpetrators of Daska firing to be prosecuted: CM

He directed to hold an impartial inquiry and added that legal action would be taken against the miscreants.

Published 20 Feb, 2021 07:42pm

Pakistan

Shibi seeks opposition parties’ support for open ballot in upcoming Senate polls

He said it was the responsibility of all to end the culture of money-politics and corruption through effective legislation.

Published 20 Feb, 2021 07:40pm

Pakistan

22.93mn families of Punjab to be facilitated with free health coverage: minister

The minister said that provision of top quality services in health and education was the vision of the prime minister.

Published 20 Feb, 2021 07:39pm

Pakistan

Designs to create hurdles in way of national development to be foiled: CM

Those who were trying to create chaos in the country had been exposed and politics of service will prevail in Pakistan only, he added.

Published 20 Feb, 2021 07:37pm

Pakistan

PTI MPA condemns placing Haleem in closed cell

She said that the provision of food and clothes to Haleem Adil Shaikh was being stopped, which was a condemnable act.

Published 20 Feb, 2021 07:37pm

Pakistan

PM Imran likely to visit Peshawar on Monday

The Premier would meet members of the party’s parliamentary group in Khyber Pakhtunkhwa (KP) Assembly.
PM Imran Khan would also hold meeting with Senate candidates from KP province.

Updated 20 Feb, 2021 07:29pm

Pakistan

Prime minister lauds FBR for achieving 7-month revenue targets

He advised the FBR field formations to continue working with honesty and commitment.

Published 20 Feb, 2021 07:02pm

Pakistan

Over 0.5mn Covid-19 vaccine doses provided to federating units: NCOC

The vaccine administration to FLHCWs was in progress under the National Vaccine Strategy.

Published 20 Feb, 2021 07:01pm

Pakistan

Pak-Sri Lanka agrees to reactivate JWGs for redressal of issues bilateral trade

Both sides further agreed to enhance cooperation in trade related matters so that the true potential of the Free Trade Agreement could be effectively exploited.

Published 20 Feb, 2021 07:00pm

Pakistan

Daska firing incident proves PML- N believes in politics of bullying, rigging, violence: Shibli

He prayed to Allah Almighty to rest the souls of the victims in eternal peace and give patience to their families.

Published 20 Feb, 2021 06:58pm

Pakistan

Three more patients die of COVID at Nishtar Hospital

Thirty one patients are declared positive and nine are suspected out of total 58 cases brought to register at the hospital in past dew days, he said.

Published 20 Feb, 2021 06:57pm

Pakistan

Winning two NA constituencies in bye-elections is huge victory : Shoukat Yousafzai

He said that PTI lost PK -63 Nowshera constituency due to internal rifts with in Pakistan Tehreek-e- Insaf.

Published 20 Feb, 2021 06:56pm

Pakistan

COVID-19 claims 36 lives, infects 1,340 more people

During the last 24 hours most of the deaths had occurred in the Punjab followed by Sindh.

Published 20 Feb, 2021 06:55pm

Pakistan

Another 19 die of coronavirus in Punjab

The Punjab health department so far conducted 3,175,531 tests for COVID-19.

Published 20 Feb, 2021 06:46pm

Pakistan

Senator Rehman Malik expresses condolences over Mushahidullah Khan demise

He said that the services of late Mushahidullah Khan would always be remembered in the political history of the country.

Published 20 Feb, 2021 06:45pm

Pakistan

Registration for COVID vaccination for citizens of over 60 years begins: Asad

Asad urged all citizens of this age group to register for the vaccination.

Published 20 Feb, 2021 06:44pm

Pakistan

Mazari assures missing person’s families to redress their grievances; urges to call off sit-in

Mazari conveyed the Prime Minister’s message that he would meet a three-member representatives committee from the families of missing persons in March and asked them to end their sit-in.

Published 20 Feb, 2021 06:38pm

Pakistan

Looking forward to visit Sri Lanka to strengthen friendship, cooperation: PM

Pakistan and Sri Lanka enjoy close cooperative relations, which are deep-rooted in history.

Published 20 Feb, 2021 06:37pm

Pakistan

Ch Fawad congratulates Ali Asjad Malhi for leading in by polls (NA-75)

He said that "Respect will be for `Qanoon' (law) not for the "Noon (Pakistan Muslim League-Nawaz)".

Published 20 Feb, 2021 06:36pm

Pakistan

PTI election stolen in Wazirabad: Shehbaz Gill

He alleged that N-League workers also besieged the Election Commission office in Wazirabad even hooliganism was carried out in a women polling booth.

Published 20 Feb, 2021 06:34pm

Pakistan

Babar advises opposition parties to avoid preempting SC judgment in Senate polls’ case

He said if the decision was affirmative, the ordinance would stand and if it was otherwise, it would come to an end.

Published 20 Feb, 2021 06:33pm

Pakistan

Gold prices increase Rs 400 to 110,350

The price of per tola and ten gram silver remained constant.

Published 20 Feb, 2021 06:32pm

Pakistan

PM expresses confidence over FBR to add 100s of blns of additional revenue, curb counterfeiting

The Prime Minister said once fully functional in July 2021, it would add 100s of billions of additional revenue, curb counterfeiting and help establish rule of law.

Published 20 Feb, 2021 06:31pm

Pakistan

Opposition wants to continue politics of buying and selling in Senate elections: Shibli

He expressed deep grief and sorrow over the loss of precious lives of workers in the firing incident.

Published 20 Feb, 2021 06:31pm

Pakistan

Senate passes condolence resolution over sad demise of Senator Mushahidullah

Acknowledging Mushahidullah Khan's efforts for strengthening the parliament, the house also paid tribute to his services for the country.

Published 20 Feb, 2021 06:22pm

Pakistan

Islam stresses peaceful coexistence, equality in society: Buzdar

Usman Buzdar said that PTI government is the torch-bearer of social justice as a society based on justice and equality is imperative for composite development.

Published 20 Feb, 2021 06:21pm

Asia

Malaysian news site hit with fine as fears grow over press freedom

PUTRAJAYA: A leading Malaysian news site was fined $120,000 Friday after being convicted of contempt over readers'...

Updated 20 Feb, 2021 06:28pm

World

Russian mining giant agrees to pay $2bn pollution fine

MOSCOW: Russian mining giant Norilsk Nickel on Friday said it will not appeal a record $2 billon fine after the...

Updated 20 Feb, 2021 06:28pm

Pakistan

Mechanism developed to provide subsidy to farmers for purchase of fertilizers, seeds: Fakhar

He said the government is working for uplift of livestock and other sectors to attain better results.

Updated 20 Feb, 2021 06:28pm

China

China's rise has 'consequences' for transatlantic security: NATO chief

BRUSSELS: Western allies and close partners need to forge stronger ties as China's rise has "consequences" for...

Updated 20 Feb, 2021 06:28pm

Business & Finance

China to allow more investment abroad in 2021

BEIJING: China will allow more outbound investment by appropriately raising the quota on its Qualified Domestic...

Updated 20 Feb, 2021 06:28pm

World

EU doubles Covax vaccine funding to $1.2bn

BRUSSELS: The European Union announced on Friday it is doubling its contribution to the Covax global Covid-19...

Updated 20 Feb, 2021 06:28pm

World

Germany gives extra 1.5bn euros for global vaccine rollout

BERLIN: Germany is donating an additional 1.5 billion euros ($1.8 billion) to boost the rollout of vaccines in the...

Updated 20 Feb, 2021 06:28pm

World

Pfizer/BioNTech first dose 85pc effective after 2-4 weeks

OCCUPIED JERUSALEM: The first dose of the Pfizer/BioNTech vaccination is 85 percent effective against coronavirus...

Updated 20 Feb, 2021 06:28pm

World

UK top court rules Uber drivers entitled to workers' rights

LONDON: Britain's top court on Friday ruled that drivers at US ride-hailing giant Uber are entitled to workers'...

Updated 20 Feb, 2021 06:28pm

World

Iran renews call to US to lift all sanctions imposed by Trump

TEHRAN: Iran on Friday renewed its call for the US to lift all sanctions imposed by former president Donald Trump,...

Updated 20 Feb, 2021 06:27pm

Industry

Hope for virus-hit UK economy despite sales slump

LONDON: Retail sales in Britain tumbled and government borrowing soared in January after the country re-entered...

Updated 20 Feb, 2021 06:27pm

Money & Banking

Aussie, sterling hit multi-year highs in Europe

LONDON: The Australian dollar rose to near a three-year high and the British pound scaled $1.40 for the first time...

Updated 20 Feb, 2021 06:27pm

Money & Banking

Early trade in New York: Dollar extends decline

NEW YORK: The dollar lost ground on Friday, extending Thursday’s decline as improved risk appetite attracted ...

Updated 20 Feb, 2021 06:27pm

Money & Banking

Pound powers past $1.40 for first time in nearly 3 years

LONDON: The pound hit $1.40 against the dollar for the first time in nearly three years on Friday, as analysts bet a...

Updated 20 Feb, 2021 06:27pm

Commodities

Gold recovers from 7-month low in Europe

LONDON/ROTTERDAM: Gold prices edged higher on Friday, recovering from a more than seven-month low hit earlier as the...

Updated 20 Feb, 2021 06:27pm

Commodities

Palm oil rises on bargain buying

KUALA LUMPUR: Malaysian palm oil futures closed 1% higher on Friday, on bargain buying and strength in rival ...

Updated 20 Feb, 2021 06:27pm

Energy

Oil extends losses as Texas prepares to ramp up output

LONDON: Oil prices fell from recent highs for a second day on Friday as Texas energy companies began preparations to...

Updated 20 Feb, 2021 06:27pm

Commodities

Copper soars to loftiest since 2011 on tight supply and weak dollar

LONDON: Copper jumped to its highest in more than nine years on Friday and towards a third straight weekly gain as...

Updated 20 Feb, 2021 06:27pm

Pakistan LNG import tender: Qatar Petroleum places ‘lowest’ offer

SINGAPORE: Qatar Petroleum Trading placed the lowest offer for a liquefied natural gas (LNG) cargo, which Pakistan...

Updated 20 Feb, 2021 06:26pm

At Biden’s G7 debut, leaders look beyond Covid to trade, China

LONDON: Group of Seven leaders, who control a little under half of the world's economy, on Friday sought to look...

Updated 20 Feb, 2021 06:26pm

Business & Finance

Citigroup considering divestiture of some foreign consumer units - Bloomberg Law

The discussions are around divesting units across retail banking in the Asia-Pacific region, the report said.

Updated 20 Feb, 2021 06:26pm

Grains

Raw sugar sets near four-year high

LONDON: Raw sugar futures on ICE rose to the highest level in nearly four years on Friday, buoyed by tightening...

Updated 20 Feb, 2021 06:26pm

Markets

Bitcoin steams to new record and nears $1trn market cap

LONDON/TOKYO: Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalisation of $1...

Updated 20 Feb, 2021 06:26pm

Energy

US natural gas falls on smaller storage draw

NEW YORK: US natural gas futures fell more than 4% on Thursday, snapping a three-day gaining streak, as a...

Updated 20 Feb, 2021 06:26pm

Commodities

CBOT soyabean futures mostly lower

CHICAGO: Chicago Board of Trade soyabean futures closed mostly lower on Thursday after the US Department of...

Updated 20 Feb, 2021 06:26pm

Commodities

Dalian iron ore leaps on China post-holiday demand

BEIJING: Dalian iron ore futures jumped 7% on Thursday on expectations for a rebound in demand as top steel producer...

Updated 20 Feb, 2021 06:26pm

US should consult Taliban on any Afghan pullout delay: Pakistan

WASHINGTON: The United States should consult the Taliban on any extension of a May 1 deadline for a full US troop...

Updated 20 Feb, 2021 06:26pm

NASA’s astrobiology rover makes historic Mars landing

LOS ANGELES: NASA’s Mars rover Perseverance, the most advanced astrobiology lab ever sent to another world,...

Updated 20 Feb, 2021 06:26pm

Pakistan

Maryam Nawaz presents ‘irrefutable evidence’ of rigging in Sialkot by-poll

She thanked the party workers and the people of Daska and Nowshera who "guarded their votes" and "caught the thieves".
She said they wrung free the votes from "a crocodile's grip".

Updated 20 Feb, 2021 06:25pm

SFCAs: SBP broadens purposes for use of funds by exporters

KARACHI: Exporters of goods and services, including IT-based services, have been allowed to retain a certain portion...

Updated 20 Feb, 2021 06:23pm

Pakistan

Border fencing with Iran to be completed by end of this year: Interior Minister

He said forty percent work on the fencing has so far been completed.

Published 20 Feb, 2021 06:20pm

Pakistan

Corona claims 36 lives during last 24 hours

A total of 42,332 tests were conducted during the period.

Published 20 Feb, 2021 06:19pm

Pakistan

PM will embark on two-day official visit to Sri Lanka on Tuesday

The Prime Minister’s program includes meetings with President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa.

Published 20 Feb, 2021 06:18pm

Pakistan

SAPM Sultan urges elderly citizens to register for next COVID-19 vaccination phase

"Now that we have expected arrival of Oxford-AstraZeneca vaccine in early March, all those 60 years of age and older are now requested to begin registration," he tweeted.
More than 52700 health workers have been vaccinated across Pakistan with the Chinese Sinopharm vaccine.

Updated 20 Feb, 2021 06:15pm

Pakistan

ECP withholds results of NA-75 by-poll over fears of alteration

The statement read: “It is not possible to release unofficial results without full inquiry into the incident.”
PML-N candidate on NA-75 Nosheen Iftikhar had moved a plea to the CEC to withhold the results.

Updated 20 Feb, 2021 06:03pm

Pakistan

Pakistan arranges modern storage containers for COVID-19 vaccines

The containers will arrive in the country in mid-march, which will be used for storing the Pfizer vaccines.
These containers will be given to the Centre and provinces in most affected areas.

Updated 20 Feb, 2021 05:54pm

Business & Finance

Rouble firms in thin trade after Russia approves third COVID-19 vaccine

Russian stock indexes were falling, with the dollar-denominated RTS index down 0.3% to 1,472.3 points and the rouble-based MOEX Russian index 0.4% lower at 3,457.7 points.

Published 20 Feb, 2021 05:50pm

Business & Finance

Airbus CEO urges trade war ceasefire, easing of COVID travel bans

"This dispute, which is now an old dispute, has put us in a lose-lose situation," Airbus Chief Executive Guillaume Faury said in a radio interview.

Published 20 Feb, 2021 05:50pm

South Asia

Thai protests outside parliament after PM survives vote

Over 1,000 protesters rallied outside the parliament gates. Organisers gave assurances the protest would not turn violent.

Updated 20 Feb, 2021 05:48pm

Europe

Britain pushes at UN for rich states to share vaccine with poor

London hopes its resolution will be adopted in the coming weeks.

Published 20 Feb, 2021 05:25pm

World

China shares dramatic video of mountain clash with India troops

The high-altitude border battle in the Galwan valley in June was one of the deadliest clashes between the two sides in recent decades.

Published 20 Feb, 2021 05:24pm

World

New Zealand says Covid vaccinations 'small step in long journey'

Trans-Tasman neighbour Australia is to begin a similar rollout of Pfizer/BioNTech vaccines to frontline workers from Monday.

Published 20 Feb, 2021 05:22pm

Sports

King Novak faces 'challenger' Medvedev in Australian Open final

Djokovic will also be playing his 28th Grand Slam final, in contrast to the Russian's second.

Published 20 Feb, 2021 05:20pm

Sports

India's Kohli says he suffered from depression

The 32-year-old batsman made the revelations on a podcast with English commentator and former cricketer Mark Nicholas.

Published 20 Feb, 2021 05:17pm

Africa

UN report finds Trump ally violated Libya arms embargo: US media

Oil-rich Libya has been torn by civil war since a NATO-backed uprising led to the toppling and killing of dictator Moamer Kadhafi in 2011.

Published 20 Feb, 2021 05:16pm

Africa

Virus outbreak hits Chinese community in Cambodia

The infections were sourced to a nightclub, now closed, and authorities are contact-tracing to track down any other cases, the prime minister said.

Published 20 Feb, 2021 05:15pm

Europe

Russia says registers third coronavirus vaccine

First greeted with scepticism, the effectiveness of Sputnik V was confirmed by the Lancet medical journal earlier this month.

Published 20 Feb, 2021 05:13pm

South Asia

Floods cripple Indonesia's capital

"The rainfall intensity is very high due to extreme weather in Jakarta and it's been raining since yesterday night," Latif told AFP.

Published 20 Feb, 2021 05:11pm

South Asia

Rallies mourn anti-coup protester death as US urges Myanmar junta to yield power

The US, Britain and Canada have all announced sanctions targeting the country's top generals.

Published 20 Feb, 2021 05:09pm

Pakistan

PML-N to support Yusuf Raza Gilani in Senate polls: Nawaz assures Zardari

Apart from the Senate elections, the two leaders also spoke about the Pakistan Democratic Movement (PDM)’s upcoming long march to Islamabad. The development was made during the telephonic conversation between the former prime minister and ex-president.

Updated 20 Feb, 2021 05:11pm

Middle East

Iran to host UN nuclear watchdog chief ahead of sanctions deadline

Iran and the IAEA have yet to release details on the visit by the UN body's chief Grossi that runs into Sunday.

Published 20 Feb, 2021 05:07pm

Europe

Moscow court upholds prison term for Kremlin critic Navalny

Navalny appeared in court Saturday inside a glass cage for defendants, wearing a plaid shirt, smiling, waving and flashing the V for victory symbol.

Published 20 Feb, 2021 04:57pm

South Asia

Shooting at Myanmar anti-coup protest injures at least five

Five people were injured with rubber-bullet wounds, a photographer at the scene reported.

Published 20 Feb, 2021 04:55pm

Sports

Froome comeback bid to gather pace at UAE Tour

Twelve months on, stringent measures have been put in place to prevent a recurrence, with staff and riders accommodated in different hotels.

Published 20 Feb, 2021 04:52pm

Sports

Liensberger in slalom pole, Shiffrin fourth

Slovakia's Petra Vlhova was second, at 0.30sec, before a big gap to Switzerland's Wendy Holdener in third (+1.24).

Published 20 Feb, 2021 04:51pm

Europe

Romania makes homeless a vaccine priority

Now people sleeping rough are on par with the over-65s, chronically ill people and teachers, and just below health workers.

Published 20 Feb, 2021 04:50pm

Middle East

Russian air strikes kill 21 IS jihadists in Syria: monitor

Russian raids in the desert region generally "target small groupings of IS militants as well as their vehicles", said Rami Abdul Rahman.

Published 20 Feb, 2021 04:48pm

Sports

Japan's Osaka dominates Brady to win Australian Open

Third seed Osaka preserves her 100 percent record in Grand Slam finals after winning the 2018 and 2020 US Opens and the 2019 title in Melbourne.

Published 20 Feb, 2021 04:46pm

Sports

Osaka's rise: from shy youngster to four-time Grand Slam champion

It was typical of Osaka, who also gave a deferential bow to Williams after knocking out her idol and 23-time Grand Slam champion in the semi-final.

Published 20 Feb, 2021 04:44pm

Middle East

Yemen government accuses rebels of using civilians as human shields

The city lies close to some of Yemen's richest oil fields and its capture would be major prize for the rebels.

Published 20 Feb, 2021 04:44pm

Business & Finance

SBP allows Exporters to Make More Types of Payments through SFCAs

The central bank informed that it has now broadened the purposes for which the funds retained in these Special Foreign Currency Accounts (SFCAs) can be utilized.
Banks are allowed to make payment from the accounts for a number of new purposes in addition to existing ones.

Published 20 Feb, 2021 03:56pm

Pakistan

Javed Afridi teases MG3, expected to cost under Rs2 million

MG3 is a 1500cc subcompact hatchback. It is available in the international market in its 2nd generation.
Afridi first asked on twitter to suggest a price for this MG hatchback in Pakistan. Later, he joined the conversation with a price tag of less than Rs2 million.

Published 20 Feb, 2021 03:47pm

Pakistan

Aman 2021: Pakistan Navy conducts joint exercises with Russian, Sri Lankan naval forces

DGPR said that the exercises were held in the north Arabian Sea.
The exercise was attended by the aerial assets of the Pakistan Navy and Air Force.

Updated 20 Feb, 2021 03:36pm

Companies

Huawei to cut its 2021 phone production in half

Huawei has apparently decided to cut its smartphone production in half this year as on-going sanction in the United States cripple the company's smartphone sales.

Published 20 Feb, 2021 03:23pm

Companies

Volkswagen's electric SUV ID 5 coupe to start production in 2021

Volkswagen will start production of it's next electric SUV, the ID 5 coupe, in Germany in the second half of 2021.

Published 20 Feb, 2021 02:51pm

Asia

Diverse Myanmar protesters united in opposition to coup

Opponents of Myanmar’s coup took to the streets again on Saturday with members of ethnic minorities, poets and transport workers among those coming out to demand an end to military rule and the release of Aung San Suu Kyi and others.

Updated 20 Feb, 2021 02:44pm

Pakistan

KIA Sorento receives ‘overwhelming response’ on the launch

The seven-seater SUV was recently unveiled by the KIA, and it is available in three different variants.
It is the fourth car launched under the banner of KIA, which is aiming to give a stiff competition to Toyota Fortuner.

Updated 20 Feb, 2021 02:40pm

Companies

Unilever’s Pakistan Delivery Partner Plans IPO to Expand Network

The Pakistan-based courier service, Universal Network System Ltd. is planning an initial public offering (IPO) to become the first logistic company to list in Pakistan.
The courier company hopes to expand its network and enhance its technological infrastructure by attracting new investors to the business.

Updated 20 Feb, 2021 02:17pm

Business & Finance

P@SHA terms SBP measures for exporters a move in the right direction

Days ago, SBP notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintech, and exports in Pakistan.

Published 20 Feb, 2021 01:56pm

World

New Zealand begins COVID-19 vaccinations programme, Australia starts Monday

New Zealand started its official rollout of Pfizer-BioNTech’s COVID-19 vaccine on Saturday, while Australia finalised plans to begin inoculations on Monday, a new phase in tackling the virus that both countries have kept largely contained.
New Zealand expects its nationwide rollout covering the country’s population of 5 million will take a full year, while Australia aims to inoculate its 25 million citizens by October.

Published 20 Feb, 2021 01:27pm

Business & Finance

Pakistan to issue Green Bond to boost renewable energy projects

“We’ve got a lot of hydro potential in Pakistan,” he said. “The bonds are there to accelerate this,” said Aslam.

Published 20 Feb, 2021 12:11pm

Pakistan

ECP issues production orders for Shehbaz Sharif, Ali Wazir and three others

The ECP has also issued production orders for Khurshid Shah, Khawaja Asif and Hamza Shehbaz.
These five detained lawmakers can now cast their vote on March 3.

Published 20 Feb, 2021 12:02pm

Business & Finance

Bitcoin, ether hit fresh highs

The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.

Published 20 Feb, 2021 11:38am

Lankan PM says looking forward to PM Imran Khan's visit next week

"This visit will further reinforce our bilateral relationship and pave way for joint ventures that mutually benefit both our nations," Mahinda Rajapaksa tweeted.
PM will undertake a two-day official visit to Sri Lanka from 23 February.
This will be PM Khan's first visit to Sri Lanka after assuming office.

Published 20 Feb, 2021 11:31am

Business & Finance

Track & Trace System to add billions to exchequer: PM Khan

The prime minister appreciated the role of FBR Headoffice Team for developing the IT-enabled Transformation Plan and procuring Track & Trace System.

Published 20 Feb, 2021 10:50am

Technology

3G data sites upgraded to 4G in South Waziristan: PTA

As per details, Data Services of Cellular Mobile Operators (CMOs) were restored in South Waziristan after Prime Minister's visit on 20th January 2021.

Published 20 Feb, 2021 10:39am

Business & Finance

Brazil's Petrobras executive management in talks on possible mass resignation - sources

*President Jair Bolsonaro earlier said he had decided to appoint former Defense Minister Joaquim Silva e Luna as the state-controlled oil company’s CEO.

Published 20 Feb, 2021 10:08am

Pakistan

The Weather

KARACHI: The weather report on Friday (February 19, 2021) and the forecast for Saturday (February 20, 2021)....