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Daily Archives: October 18, 2018

UNHCR appreciates Pakistan for hosting Afghan refugees


October 18, 2018

ISLAMABAD: The representative in Pakistan for United Nations High Commissioner for Refugees (UNHCR) Ruven Menikdiwela called on Minister of state for Interior Shehryar Khan Afridi today in Islamabad. In the meeting, matters related to refugees issues came under discussion. UNHCR Pakistan Head greatly appreciated the compassion with which Pakistan has hosted Afghan refugees for the last four decades. Minister of …

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Pakistan committed to implement international AML, CFT standards: Asad Umar


October 18, 2018

ISLAMABAD: Federal Minister for Finance Asad Umar on Thursday resolved the government’s commitment to implement the international Anti Money Laundering and Counter Financing Terrorism (AML/CFT) standards and reaffirmed Pakistan’s strong and unequivocal commitment to work with APG and Financial Action Task Force (FATF) in the fight against moneylaundering, terrorism financing and other financial crimes. He particularly emphasized that Pakistan would …

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Toyota Pakistan raises car prices


October 18, 2018

KARACHI: Indus Motor Company (IMC), the manufacturer of Toyota brand vehicles in Pakistan, has revised the retail prices of its vehicles upwards, citing a massive devaluation of rupee against dollar has bloated its manufacturing cost big time, a statement said on Wednesday. Toyota Pakistan stops taking orders after rupee depreciation The company had stopped taking orders last week after sharp …

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Punjab government abolishes subsidy on fares of Metro Bus service


October 18, 2018

LAHORE: Punjab government has decided to abolish subsidy on the fares of Punjab Metro Buses, said provincial finance minister Makhdoom Hashim. The finance minister said government was providing Rs12 billion annually on Multan and Rawalpindi Metro. He went on to say that fares of Metro Bus being run from Shahdara to Gajju Matta would be charged from stop to stop. …

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Annual election of PPMA for the year 2018-19 held


October 18, 2018

KARACHI: Annual election of Pakistan Plastic Manufacturers Association (PPMA) for the year 2018-2019 were held here in Karachi. Shakil Ahmed was elected as new Chairman of the association, declared in a statement issued Wednesday. Rizwan Aslam and Syed Zahid Ahmed have been elected as Senior Vice Chairman and Vice Chairman respectively. The statement came from association’s Secretary General Rashid Mahmood. …

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Pakistan to become energy sufficient country soon: Omar Ayub


October 18, 2018

SUZHOU:  Federal Energy Minister Omar Aub has said that Pakistan is one of the most important countries in the One Belt One Road Project. “The Karakoram Highway that connects Pakistan and China is one of the pivots of CPEC. Present government is determined to meet the future energy needs of the country’,” said while delivering a keynote address at the …

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Government seeks to renegotiate LNG terminal deals – minister


October 18, 2018

Pakistan’s new government will seek to renegotiate agreements for two liquefied natural gas (LNG) import terminals, the country’s petroleum minister said on Thursday. Petroleum Minister Ghulam Sarwar Khan said the previous government agreed to pay too much on the terminal deals with Pakistani conglomorate Engro Corp for the terminals in Karachi, only one of which has been built. “The decision …

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End of an era: Original Big Bird is leaving ‘Sesame Street’


October 18, 2018

NEW YORK: After nearly 50 years on Sesame Street, the actor who has brought Big Bird to life on the iconic children’s television series since its debut in 1969 is retiring. Puppeteer Caroll Spinney, who also plays Oscar the Grouch, has hand-picked his successors to play the two roles — after mentoring them for more than two decades. “Big Bird …

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