ISLAMABAD: There seems to be a shift in consumer behaviour from voice to data usage and the telecom sector may require cost-cutting measures in infrastructure and meet the growing demand of the internet. More submarine cable companies may soon enter the Pakistani market. These views have been expressed by Edotco Pakistan’s managing director Arif Hussain. Talking to media, he said …

MANCHESTER: Aust­ralia fast bowler Josh Hazle­wood insisted it was a case of ‘onwards and upwards’ after he starred in a 19-run win over world champions England in the first of three One-day International at Old Trafford on Friday (partly reported in Saturday’s edition). Hazlewood took a miserly 3-26 from his maximum 10 overs that stifled England’s pursuit of a target …

KARACHI: The Sports Cube Badminton Academy recently conducted a 4-day free badminton camp in which over 45 youngsters of age group 7-14 years took part at the Nazimabad Gymkhana. It was organised for the first time under the guidelines of Badminton Asia Shuttle time development program led by internationally qualified referee Dr Sayid Akif Jaleel and by Narmeena Ali at …

LONDON: Arsenal began their English Premier League campaign with a 3-0 win at promoted Fulham thanks to goals from Alexa­ndre Lacazette, new signing Gabriel and captain Pierre-Emerick Aubameyang in the opening game of the season on Saturday. Gabriel and Willian enjoyed fine debuts for the Gunners, who made light work of their short trip across London to Craven Cottage and …

Ever since the WeWork fiasco last year that shook investors’ confidence in startups with shaky fundamentals (a culture they had promoted in the first place), there has been a recalibration towards software-as-a-service (SaaS) companies which are increasingly seen as a bastion of stability and healthy financials. The shift is not limited to just investors as SaaS has also come to …

LAHORE: Father of Pakistan bowling coach and fast bowling legend Waqar Younus died here on Saturday at a local hospital. The deceased, Mohammad Younus, was admitted to the intensive care unit of a local hospital in a critical condition the other day. Waqar, who left for Australia directly after the end of Pakistan’s tour of England on Sept 2, had …

KARACHI: Stocks extended the gaining streak for third consecutive week with the KSE-100 index recording gains of 508 points (1.21 per cent) to settle at 42,531. The week started off on a positive note as investors showed considerable interest in cement, steel, automobiles, refineries, and oil marketing sector on account of improvement in growth prospects given revival of economic activity. …

Uncertainty continues to rule. The US Energy Information Administration (EIA) has cut its 2021 demand growth outlook for 2021 to 6.5 million barrels per day (bpd) – 500,000 bpd lower than projected last month. The EIA now expects the Chinese demand to grow only by 1m bpd next year, and not 1.5m bpd as was projected in August. As per …

ISLAMABAD: In a major reform initiative, Pakistan Customs will put in place a virtual assessment of goods for the purpose of duty and taxes to reduce physical interaction between tax officials and traders to minimise chances of corruption. The faceless assessment system will be developed in the light of international best practices and will be put to operation by March …

KARACHI: Fertiliser and textile stakeholders have started filing review petitions in the Supreme Court against the collection of Gas Infrastructure Development Cess (GIDC). Retired Brig Sher Shah Malik, Executive Director Fertiliser Manufacturers of Pakistan Advisory Council (FMPAC), confirmed to Dawn on Saturday that all the members have filed review petitions in the apex court from their respective areas. He said Fatima, Fauji, …