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Daily Archives: November 16, 2020

‘Sportswashing’ or liberalisation? Mixed reactions on first-ever Saudi ladies golf title


November 16, 2020

Denmark’s Emily Pedersen won the first-ever women’s golf tournament in Saudi Arabia in a tense playoff, but the event designed to soften the kingdom’s austere image has drawn charges of being a “sportswashing” exercise. With a birdie on the extra hole, Pedersen edged out England’s Georgia Hall and secured the $150,000 winner’s cheque in the inaugural Saudi Ladies International on …

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Power sector awaits clarity


November 16, 2020

Amid nascent positive economic signs in selective areas, a lag in the implementation of a few supportive initiatives by the government continues to create uncertainties among market players. On the positive side, large-scale manufacturing (LSM) has posted 4.8 per cent growth in the first quarter (July-September) of the current fiscal year. This is driven by textile, mineral and food sectors …

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Holes in budgeted, authorised and actual development spending


November 16, 2020

When an economy takes a downturn, private investors and bankers tend to avoid much of the business risks thus the government’s development spending serves as a stimulus for economic growth and creates jobs. The capital spending on social and physical infrastructure also provides the private sector with business opportunities. However, according to the latest reported update issued by the Ministry …

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ECC set to approve security-linked grants


November 16, 2020

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to approve on Monday (today) supplementary grants for security expenditures and give the go-ahead for ‘voluntary separation’ of about 3,500 employees of the Pakistan International Airlines (PIA). An ECC meeting has been called on Monday to take up a 10-point agenda, half of them are demands for grants for …

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Petrol, HSD prices slashed by 1.7pc


November 16, 2020

ISLAMABAD: The government cut the prices of petrol and high speed diesel (HSD) by about 1.7 per cent on Sunday for the next 15 days in order to pass on the impact of a slump in prices in the international market to the masses. The revised prices will remain effective till Nov 30. The decision was announced by the Ministry …

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FDI during October hits 10-month high of $317.4m


November 16, 2020

Foreign direct investment (FDI) during the month of October hit a 10-month high of $317.4 million, accounting for nearly 43.3 per cent of total inflows during the current fiscal year, data released by the State Bank of Pakistan (SBP) showed on Monday. In comparison, FDI during October 2019 was recorded as $126.5m. During the last month, China invested $228.7m in …

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Ertugrul star Esra Bilgic’s latest Instagram post leaves fans divided


November 16, 2020

Turkish star Esra Bilgic aka Halime Sultan left fans divided as she shared a new snap on Instagram with a black heart emoji. Esra, who won hearts with her outstanding performance  in  Turkish hit dramas ‘Ertugrul’ and ‘Ramo’, flaunted her  true beauty in black outfit. The picture, she shared on Instagram,  received mixed response from her fans. Some of  her …

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Jennifer Lopez reveals her trusted top beauty tips


November 16, 2020

Jennifer Lopez, who experienced a hair dye disaster during the Covid-19 lockdown, has revealed  her most trusted beauty tips. The 51-year-old superstar, during an interview, confessed she had to ask her hair colourist for help after she managed to botch the at-home job in the first few weeks of lockdown. The ‘Hustlers’ star also revealed her trusted top beauty tips, …

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Hailey Bieber leaves onlookers awestruck as she steps out in smashing outfit


November 16, 2020

Hailey Bieber once again left her fans in awe with her stunning appearance as she stepped out to run a few errands in Los Angeles on Sunday. The supermodel  put her tanned and toned legs on display in denim cut-offs paired with a  sweater while stepping out in West Hollywood. The 23-year-old mesmerised fans as she appeared in an oversized …

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Demi Lovato roasts ex Max Ehrich with a brutal jibe at People’s Choice Awards


November 16, 2020

American singer Demi Lovato had a whirlwind year filled with ample drama, a few sets backs and quite a lot of big feats. During her E! People’s Choice Awards monologue on Sunday, the Skyscraper hit maker, 28, threw shade at her ex-fiancé Max Ehrich and their broken engagement, proving to all that she is way past the heartache and is only looking …

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