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Monthly Archives: September 2020

Bangladesh call off Sri Lanka Test series


September 29, 2020

DHAKA: Bangladesh on Monday called off the forthcoming Test series in Sri Lanka because of coronavirus restrictions imposed by the hosts they say make preparing impossible. The Bangladesh Cricket Board (BCB) took the decision after Sri Lanka refused to ease stringent quarantine measures — which included players being confined to their rooms for 14 days, with no training allowed, after …

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NA committee warns against looming wheat crisis


September 29, 2020

ISLAMABAD: Delays in wheat imports at the official level could lead to a major wheat crisis in the country by the end of December, the National Assembly Standing Committee on Commerce said on Monday while expressing concerns on the looming scenario. The standing committee, led by its chairman MNA Naveed Qamar, directed the Ministry of National Food Security and Research …

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Saudi Arabia to host first sports events for women


September 29, 2020

RIYADH: Saudi Arabia will host professional golf tournaments for women for the first time ever in November at the Royal Greens Golf & Country Club in Jeddah. The Saudi Ladies International will be the first Ladies European Tour (LET) event to take place in the country and will run from Nov 12-15, with a purse of $1 million, the third-highest …

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Moody’s downgrades Sri Lanka


September 29, 2020

COLOMBO: Moody’s on Monday downgraded Sri Lanka’s sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt. Sri Lanka was pushed down from “B2” (high credit risk) to “Caa1” (very high credit risk), as the coronavirus pandemic compounded its economic woes, Moody’s said in a statement. “Moody’s …

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Public debt soars to Rs35.6tr


September 29, 2020

KARACHI: Debt held by the federal government jumped by Rs2.757 trillion or 8.41 per cent to Rs35.555tr as of July end, up from Rs32.798tr in same period of 2019, according to data published by the State Bank of Pakistan on Monday. Compared to Rs35.106tr in June this year, the public debt inched up 1.28pc or Rs450bn. Bulk of that came …

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Finance ministry projects inflation at around 9pc


September 29, 2020

ISLAMABAD: Projecting mixed prospects for crops and inflation at around 9 per cent, the government on Monday said the overall macroeconomic indicators were moving in a positive direction to put the economy on a long-term sustainable growth path. The Ministry of Finance in its Monthly Economic Update and Outlook for September revealed that revenue collection by the Federal Board of …

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Govt to build underground gas storages


September 29, 2020

ISLAMABAD: Amid increasing gas deficit, the government is reviving an underground gas storage project shelved almost a decade ago to plan higher imports in summers and bridge higher demand-supply gap in winters. The Asian Development Bank (ADB) has agreed to undertake a technical study through its $575,000 financing with the support of a consortium of European oil and gas equipment …

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Kim Kardashian, Kanye West quash divorce news with romantic ‘date night’


September 29, 2020

Kim Kardashian and Kanye West’s marriage, despite going through a rough patch, is on the right track. The duo recently were clicked enjoying date night at a friend’s wedding, sans their kids. Kim and Kanye’s recent outing came after the rapper had a Twitter bashing spree amid one of his bipolar episodes yet again. Kanye’s antics had given birth to …

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‘Ertugrul’ star Burcu Kiratli stuns in a Pakistani bridal wear


September 29, 2020

Turkish actress Burcu Kiratli, who essays the role of Gokce Hatun (Roshni) in the historical drama series Dirilis: Ertugrul, mesmerized her fans with her latest photos in a Pakistani outfit. Burcu turned to Instagram and shared her dazzling pictures wearing a Pakistani dress for her latest photoshoot for a Pakistani brand. The Turkish actress looked ethereal in a strapless blouse with …

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