DHAKA: South Korea stamped their authority as a potent force in field hockey on Wednesday when they defeated Japan in shootout in a thrilling final of the sixth Asian Champions Trophy here at the Maulana Bhashani Hockey Stadium. This is South Korea’s maiden Asian Champions Trophy title. Arch-rivals Pakistan and India, the two erstwhile major world hockey powers, besides winning …

The United States scored a famous and deserved T20 cricket triumph over Ireland on Wednesday to get the most important series in their history off to the best possible start. A brilliant 65 from Gajanand Singh helped the hosts reach a competitive 188 for 6 in their 20 overs and some disciplined bowling from Saurabh Netravalkar and Ali Khan helped …

KARACHI: Times were so turbulent after Ramiz Raja was elected Pakistan Cricket Board (PCB) chairman that he feels he’s aged 30 years in his three months in the job. Things have calmed down since and as Pakistan looks ahead to an exciting cricketing year, the former captain vowed he will leave no stone unturned in bringing about the game’s renaissance …

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has abolished the requirement for banks to obtain separate licence for distributing mutual funds and private pension funds to Roshan Digital Accounts (RDAs). This relaxation has been granted to facilitate overseas Pakistanis to invest in mutual funds and private pension funds managed by Asset Management Companies and comes as part of …

ISLAMABAD: The National Price Monitoring Committee (NPMC) on Wednesday reviewed prices of essential commodities and directed relevant stakeholders to maintain prices of food items. The meeting observed prices of essential commodities tomatoes, potatoes, chicken farm, onions, eggs, gur, sugar, wheat flour bags have registered significant decline during the week. It was also informed that prices of onions and tomatoes during …

KARACHI: The government has showered a number of tax and duty reliefs on the existing and new entrants under the Auto Industry Development and Export Policy (AIDEP) 2021-26 to encourage the manufacturing of affordable vehicles including bikes, small vehicles, tractors, etc. Besides, the five-year policy is also aimed at improving localisation, ensuring consumers’ protection, promotion of new technologies ie electric …

ISLAMABAD: The Pakis­tan Pavilion at Expo 2020 Dubai received 550,000 visitors in only 82 days since its opening. An official announcement said that over this time per­iod, the pavilion received visits not only from the Pakistani community but many United Arab Emirates residents and foreign nationals. Since its opening, the Pakistan Pavilion has kept the momentum at the Expo 2020 …

ISLAMABAD: The Executive Committee of National Economic Council (Ecnec) on Wednesday approved four development projects worth over Rs265 billion, including the construction of Hyderabad-Sukkur Motorway (M6) on build-operate-transfer (BOT) basis. The Ecnec meeting was presided over by Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin. The meeting approved the revised project of construction of Hyderabad-Sukkur Motorway on …

PARIS: France started vaccinating children over five and China plunged a city into a strict lockdown on Wednesday as governments scramble to contain fresh virus surges driven by the Omicron variant. The UK meanwhile approved Pfizer’s jab for children aged five and up, while the World Health Organisation warned that getting booster shots did not mean tossing aside safety measures at end-of-year …

KHYBER: King Salman of Saudi Arabia, Habib Foundation and Al-Khidmat Foundation on Wednesday sent 24 trucks loaded mostly with food items to Afghanistan. Sources at the Torkham border said that Saudi Arabia handed over 16 trucks, Habib Foundation five trucks and Al-Khidmat three trucks to Afghan Taliban authorities at the border crossing. Additional assistant commissioner Ashraf Uddin and head of …