KARACHI: Adviser to the Prime Minister on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood has said though there is economic stabilisation in Pakistan the country has still not seen economic growth. He was speaking at a talk on ‘Business-Way Forward’ organised by the English Speaking Union of Pakistan at a hotel here on Saturday. “But there can …

KARACHI: Remittances received by the country edged up 3.3 per cent to $11.394 billion during the first half of 2019-20 as compared to $11.03bn in the same period last year, the State Bank of Pakistan reported on Saturday. Inflows during December showed a healthier trend as they surged 19.89pc year-on-year to $2.097bn, from $1.748bn in corresponding period last year and …

KARACHI: For the first time in 15 years, auto parts vendors have finally spoken out against local vehicle assemblers over low localisation and high prices. They pointed out various SROs especially 655(I)/2006 which have only benefited local assemblers instead of auto vendors and consumers. On the one hand, vendors are blaming assemblers for low localisation and high vehicle prices whereas …

Head coach Misbah-ul-Haq has said that the new fitness standards of the Pakistan national team have been remodeled to reflect those set by the four of the topmost cricket playing nations. According to the chief selector, the previous fitness test standards were set in accordance with the strength of the Pakistan players. But Misbah is quoted as saying in a …

LONDON: Record-breaking Liverpool beat Tottenham 1-0 to extend their lead at the top of the Premier League table to a yawning 16 points on Saturday as Southampton gained sweet revenge over high-flying Leicester. Chelsea and Manchester United secured comfortable wins in the race for the top four but 10-man Arsenal fell further off the pace after a limp draw at …

MELBOURNE: Australia’s Glenn Maxwell attributed his red-hot form in the ongoing Big Bash League to the break he took to address his mental health issues and said he has banished his demons. The explosive all-rounder flagged his struggle with mental health in October and spent much of the subsequent seven weeks with friends and family before quietly returning to action. …

LONDON: Arsenal captain Pierre-Emerick Aubameyang opened the scoring at Crystal Palace on Saturday but was later sent off as the hosts fought back to draw 1-1 at Selhurst Park. New Gunners boss Mikel Arteta was on course for a third straight win when his skipper made the breakthrough in the first half, but a deflected effort by Jordan Ayew cancelled …

SYDNEY: Rafael Nadal and Novak Djokovic will face each other in the final of the inaugural ATP Cup after winning epic three-set matches on Saturday to steer Spain and Serbia into the decider. World number one Nadal ground down pumped-up Australian Alex de Minaur to guide the Davis Cup champions through their semi-final while Djokovic battled past Russia’s Daniil Medvedev. …

Serena Williams ended a three-year title drought and donated her winner’s cheque to victims of the Australian bushfires in an emotional WTA Auckland Classic final on Sunday. Williams raised expectations for this month’s Australian Open, where she can equal Margaret Court’s record of 24 Grand Slam titles, with her 6-3, 6-4 victory — her first WTA trophy since she won …

The Duke and Duchess of Sussex might incur massive financial backlog and tax implications post any decision to abandon royal life as a senior member of Queen Elizabeth’s reign., according to the Daily Mail. The financial impact could very well have “stark implications” on the Prince due to amounting bills and taxes post his and Duchess Meghan’s decision to step …