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Daily Archives: October 18, 2020

‘Disappointed’ TikTok calls for lifting of ban


October 18, 2020

ISLAMABAD: The Chinese social media giant TikTok issued a cryptic statement on Saturday which called for lifting of the ban on the app in return for a vague assurance centred on the “allocation of resources” to the Pakistani market. “If the Government of Pakistan decides to reopen access to our services in the future, we will certainly assess our allocation of resources …

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VAR denies Liverpool win in Merseyside derby


October 18, 2020

LONDON: Champions Liver­pool were foiled by VAR as they were held to a 2-2 Premier League derby draw with Everton at Goodison Park on Saturday after a late effort from Jordan Henderson was ruled out. Everton remained top of the table on 13 points, three ahead of Liverpool, after an incident-packed end to the 237th Merseyside derby. The game was …

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PCB confirms not paying Zimbabwe extra money to tour Pakistan


October 18, 2020

LAHORE: Just three days before the Zimbabwe cricket team is scheduled to touch down in Islamabad for a three ODI and three T20I series, the Pakistan Cricket Board reiterated it has not paid any extra money to the visitors to undertake the FTP tour as was the case with them in 2015. “The PCB paid Zimbabwe, a World XI and …

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Umar Gul calls time on topsy-turvy playing career


October 18, 2020

RAWALPINDI: Pakistan seamer Umar Gul, who earned the nickname ‘Gul-dozer’ for his rattling of stumps, has called time on his 17-year cricket career. With no crowds to bid farewell to the national hero because of coronavirus (Covid-19) restrictions, the 2009 Twenty20 World Cup winner bowed out to a guard of honour from team-mates and opponents after his final match — …

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Southern Punjab dethrone Northern in stunning turnaround to reach final


October 18, 2020

KARACHI: Just a few days after they were doomed to make an early exit from the National T20 Cup, Southern Punjab gate-crashed into the final by completing a shock seven-wicket defeat of defending champions Northern in Rawalpindi on Saturday. Against the run of play, Northern — who had been the team of the competition after chalking up eight victories from …

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Private sector, gas firms to sign T&D agreement


October 18, 2020

ISLAMABAD: The private sector is set to sign an agreement with the Sui Southern Gas Company and Sui Northern Gas Pipelines Ltd next week for the transmission and distribution (T&D) of regasified liquefied natural gas (RLNG) via their networks to Punjab and Sindh The agreement between the private sector and the gas companies will be signed under the Third Party …

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Stocks shed 634 points in noisy week


October 18, 2020

KARACHI: Bears ruled the roost at the stock market in the outgoing week knocking off the KSE-100 index by 634 points (1.6 per cent) with closing seen at 40,164. Investor participation remained weak due to lack of trading interest as the growing noise on the political front kept the market nervous. The constant threat of a breakout of the second …

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Textile exports jump 11.3pc in September


October 18, 2020

ISLAMABAD: Pakistan’s textile and clothing exports grew 11.3 per cent year-on-year to $1.189 billion in September compared to $1.068bn, data released by the Pakistan Bureau of Statistics showed on Saturday. In August, the export proceeds declined by over 15pc, while it posted a growth of 14.4pc in July. The demand for country’s exports has collapsed since March due to the …

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AGP finds Rs166bn tax ‘evasions’ in FY19


October 18, 2020

ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed variations of Rs166.055 billion in the figures of tax receipts, and referred to these as ‘evasion’ in the audit report on the accounts of the Federal Board of Revenue (FBR) for 2018-19. The AGP has recommended to develop a system which detects discrepancies between sets of data declared in sales tax …

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Zachery Ty Bryan arrested after facing assault charges


October 18, 2020

American actor Zachery Ty Bryan has been taken into custody over three charges, one of which involved him allegedly strangling his girlfriend. The Home Improvement star has been under the custody of Eugene’s Lane County Jail since Saturday 1:01am when he was booked over charges of fourth-degree assault, strangulation and interfering with making a report, as disclosed by the records. Talking …

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