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Print - 2019-07-30
PAD launches 'Contamination Free Cotton Campaign 2019-20'
Cotton

PAD launches 'Contamination Free Cotton Campaign 2019-20'

To ensure clean and contamination free cotton picking, the Punjab Agriculture Department (PAD) has launched 'Contamination Free Cotton Campaign 2019-20' for training of extension officers, especially lady officers, as master trainers who will responsible
Published 30 Jul, 2019 12:00am
Fresh spell of rains likely in next 48 hours

Fresh spell of rains likely in next 48 hours

The Met office has predicted fresh spell of rains in next 48 hours. Already, there was scattered spells of rain in the city a day before. According to the fresh forecast, the new spell of rains would continue until Wednesday. It would be third spell of ra
Published 30 Jul, 2019 12:00am
'Buray Phansay' wins short film competition

'Buray Phansay' wins short film competition

The final event of the STARZPLAY Short Film Competition (SSFC) took place last night where the 10 short listed films were shown to a panel of judges and a live audience at Cinepax Lahore. "Buray Phansay", a comedy about two friends who find a bag of money
Published 30 Jul, 2019 12:00am
Around 12 million suffering from Hepatitis in country

Around 12 million suffering from Hepatitis in country

With around 12 million people in Pakistan are suffering from Hepatitis-B and C, the number is increasing by 150,000 every year, and around 80-percent of the carrier remain unaware of the disease after being infected just because of lack of awareness.
Published 30 Jul, 2019 12:00am
Anti-rabies vaccines' shortage raise questions

Anti-rabies vaccines' shortage raise questions

Poor planning and price centric approach has started causing shortage of vaccines, anti-rabies being the recent case, it has been learnt. Since most vaccines are imported in finished form, any supply disruptions can impact its availability to the patients
Published 30 Jul, 2019 12:00am
JICA, SMEDA support 52 local auto parts manufacturers

JICA, SMEDA support 52 local auto parts manufacturers

A team of five Japanese experts in collaboration with Small and Medium Enterprises Development Authority (SMEDA) has supported 52 local auto parts manufacturers to enhance quality and productivity of their products as per requirement of both local and exp
Published 30 Jul, 2019 12:00am
Vivo launches S1 smartphone

Vivo launches S1 smartphone

Vivo, a leading smartphone company in Pakistan, has officially launched its newest product Vivo S1 for the Pakistan market. The first smartphone of the S-Series that carries the tagline '32MP AI Selfie, Capture Your Style', disclosed a Vivo's spokesperson
Published 30 Jul, 2019 12:00am
SECP identifies unlawful leasing businesses
Exchange

SECP identifies unlawful leasing businesses

Securities and Exchange Commission of Pakistan (SECP), while carrying out its functions in an effective and efficient manner, identified that Pak Memon Impex (Private) Limited and Memon Corporation (Private) Limited have been involved in unlawful and rest
Published 30 Jul, 2019 12:00am
NAB to file reference against Sharjeel Memon

NAB to file reference against Sharjeel Memon

The National Accountability Bureau (NAB) is likely to file another reference against former Sindh minister Sharjeel Memon soon, it is learnt on Monday. According to sources, the accountability bureau has unearthed Rs2.3 billion assets of Memon and he had
Published 30 Jul, 2019 12:00am
Eid-ul-Azha: Code of conduct issued for collection of sacrificial hides

Eid-ul-Azha: Code of conduct issued for collection of sacrificial hides

Sindh Home department has issued code of conduct for collection of sacrificial skins / hides on Eid-ul-Azha 1440 Hijri. According to the details the Home Department Government of Sindh has announced that on Eid-ul-Azha various political, religious and soc
Published 30 Jul, 2019 12:00am
BMP for stronger trade policy
Exchange

BMP for stronger trade policy

The time has come now to move decisively towards greater self-reliance instead of only a 'holding operation' with minimum policy action till the next elections. It is imperative that a much stronger trade policy be put in place on a priority basis, said B
Published 30 Jul, 2019 12:00am
Business activities stall as monsoon hits Karachi

Business activities stall as monsoon hits Karachi

At least nine persons were killed as the city on Monday received its first widespread monsoon rain but remained deserted with no trade activities, as businessmen called the Chief Minister Sindh's media activism an 'eyewash'.
Published 30 Jul, 2019 12:00am
PBEA chief seeks discussion on issue of draft refunds rules

PBEA chief seeks discussion on issue of draft refunds rules

Chairman, Pakistan Bedwear Exports Association (PBEA), Shabir Ahmed has urged the chairman of Federal Board of Revenue (FBR) to hold meeting with the association to discuss issue of draft refunds rules. In a letter to the FBR chairman, he noted that the a
Published 30 Jul, 2019 12:00am
Fake calls: SBP asks customers not to share personal information

Fake calls: SBP asks customers not to share personal information

The State Bank of Pakistan (SBP) has asked banking customers not to share personal information on fake calls. It has come to SBP knowledge that fraudsters are attempting to defraud the banking customers by seeking bank account details on the pretext of bi
Published 30 Jul, 2019 12:00am
Power supply remains stable in Karachi, claims K-Electric

Power supply remains stable in Karachi, claims K-Electric

Overall power supply situation remained stable in the city and system stability was ensured despite unprecedented and heavy rainfall on Monday. Various areas of Karachi were submerged as the rain continued uninterrupted throughout the day.
Published 30 Jul, 2019 12:00am
Bail in corruption cases: SHC seeks replies about powers of trial court

Bail in corruption cases: SHC seeks replies about powers of trial court

Sindh High Court (SHC) on Monday directed Attorney General of Pakistan, NAB Prosecutor General and others to submit replies about the powers of trial court to grant bail to the accused in corruption cases. A two-member bench of the SHC headed by Justice I
Published 30 Jul, 2019 12:00am
Civic agencies flout CM's orders to remain active during rain

Civic agencies flout CM's orders to remain active during rain

Civic agencies on Monday flouted the orders of Sindh Chief Minister Syed Murad Ali Shah to remain active during rain as the Karachiites braved prolonged power outages, accumulated water on the roads, inundated streets and chocked sewage system in neighbor
Published 30 Jul, 2019 12:00am
E-billing introduced in NHA

E-billing introduced in NHA

Federal Minister for Communications and Postal Service Murad Saeed on Monday launched the E-Billing System at the National Highway Authority (NHA) with an aim of good governance and transparency. According to the NHA, the system will ensure speedy process
Published 30 Jul, 2019 12:00am
NA session abruptly adjourned
Exchange

NA session abruptly adjourned

Deputy Speaker National Assembly Qasim Khan Suri on Monday abruptly adjourned the House to avoid clash between the members of ruling Pakistan Tehreek-e-Insaf (PTI) and opposition Pakistan Peoples Party (PPP). Harsh words were exchanged between PTI members
Published 30 Jul, 2019 12:00am
Three bills laid in Punjab Assembly

Three bills laid in Punjab Assembly

As many as three bills including The Punjab Seized and Freezed Institutions (Madaris and Schools) Ordinance 2019, The Punjab Seized and Freezed Facilities (Hospitals and Dispensaries) Ordinance 2019 and The Punjab Regulation of Services (Amendment) Ordina
Published 30 Jul, 2019 12:00am
FFC's half yearly results for 2019

FFC's half yearly results for 2019

Fauji Fertilizer Company Limited (FFC) has announced its results for the half-year ended June 30, 2019 in its Board of Directors meeting. The Company produced 1,215 thousand tonnes of Sona Urea whereas offtake was recorded at 1,188 thousand tonnes for the
Published 30 Jul, 2019 12:00am
Imported goods: Misdeclaration of Rs 18 million detected

Imported goods: Misdeclaration of Rs 18 million detected

MCC Port Qasim has detected gross mis-declaration of Rs 18 million on imported goods by a noted steel company. The Company is mainly engaged in manufacture and sale of steel bars and billets. Information was received through Collector Port Qasim Mumtaz Kh
Published 30 Jul, 2019 12:00am
ANF neither quizzed nor recorded my statement, Sanaullah tells court

ANF neither quizzed nor recorded my statement, Sanaullah tells court

Former provincial law minister Rana Sanaullah Khan on Monday told the trial court that Anti-Narcotics Force (ANF) neither quizzed him nor recorded his statement since he was arrested in the case. The court, however, extended judicial remand for Rana Sana
Published 30 Jul, 2019 12:00am
Interesting times?

Interesting times?

Main opposition parties held protest rallies in cities across the country on Thursday, accusing Prime Minister Imran Khan's government of ruining the economy and seeking to intimidate and silence its opponents.
Published 30 Jul, 2019 12:00am
Reset to client status?

Reset to client status?

All the euphoria in Pakistan Tehreek-i-Insaaf (PTI) circles after Imran Khan's recent visit to the US may prove premature, misplaced over-optimism, and failure to discern the true meaning or essence of the so-called 'reset' in US-Pakistan ties. No one in
Published 30 Jul, 2019 12:00am
Pakistan's international rankings

Pakistan's international rankings

Recent assessments by international agencies of Pakistan's relative position in South Asia generally place it at the bottom of the table, especially with regard to the rate of economic growth. The basic question is whether this is also the case in diverse
Published 30 Jul, 2019 12:00am
Pak-US ties reset?

Pak-US ties reset?

After Prime Minister Imran Khan's return from his US visit, both sides have expressed their desire to reset mutual relations that have been dogged by friction for years, which was exacerbated by US President Donald Trump's statements and actions to punish
Updated 30 Jul, 2019 06:35am
Extension of farm loan tenor

Extension of farm loan tenor

The State Bank has been trying harder over the years to increase productivity in the agriculture sector by motivating the financial institutions to extend adequate loans on terms and conditions that are in accordance with the requirements of farming commu
Updated 30 Jul, 2019 06:35am
Two categories of small retailers: FBR plans to charge fixed tax rates

Two categories of small retailers: FBR plans to charge fixed tax rates

The Federal Board of Revenue (FBR) is planning to charge fixed tax rates of Rs 5,000 and Rs 10,000 per quarter from two categories of small retailers based on city-wise category. Sources told Business Recorder that the small retailers may be divide
Published 30 Jul, 2019 12:00am
Two categories of small retailers: FBR plans to charge fixed tax rates

Two categories of small retailers: FBR plans to charge fixed tax rates

The Federal Board of Revenue (FBR) is planning to charge fixed tax rates of Rs 5,000 and Rs 10,000 per quarter from two categories of small retailers based on city-wise category. Sources told Business Recorder that the small retailers may be divide
Published 30 Jul, 2019 12:00am
Two categories of small retailers: FBR plans to charge fixed tax rates

Two categories of small retailers: FBR plans to charge fixed tax rates

The Federal Board of Revenue (FBR) is planning to charge fixed tax rates of Rs 5,000 and Rs 10,000 per quarter from two categories of small retailers based on city-wise category. Sources told Business Recorder that the small retailers may be divide
Published 30 Jul, 2019 12:00am
TSML: Revival plan, possibility of $700 million investment discussed

TSML: Revival plan, possibility of $700 million investment discussed

Prime Minister''s Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood and M/s M/s Tuwairqi Steel Mills Limited (TSML) discussed the revival plan and the possibility of further investment of $ 700 million, well inform
Published 30 Jul, 2019 12:00am
TSML: Revival plan, possibility of $700 million investment discussed

TSML: Revival plan, possibility of $700 million investment discussed

Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood and M/s M/s Tuwairqi Steel Mills Limited (TSML) discussed the revival plan and the possibility of further investment of $ 700 million, well informe
Published 30 Jul, 2019 12:00am
TSML: Revival plan, possibility of $700 million investment discussed

TSML: Revival plan, possibility of $700 million investment discussed

Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood and M/s M/s Tuwairqi Steel Mills Limited (TSML) discussed the revival plan and the possibility of further investment of $ 700 million, well informe
Published 30 Jul, 2019 12:00am
Two US soldiers killed in Afghanistan

Two US soldiers killed in Afghanistan

Two US soldiers were killed in action in Afghanistan on Monday, Nato announced - the latest international military casualties as Washington seeks a way out of America's longest war. "The name of the service members killed in action is being withheld until
Published 30 Jul, 2019 12:00am
Two US soldiers killed in Afghanistan

Two US soldiers killed in Afghanistan

Two US soldiers were killed in action in Afghanistan on Monday, Nato announced - the latest international military casualties as Washington seeks a way out of America's longest war. "The name of the service members killed in action is being withheld until
Published 30 Jul, 2019 12:00am
Trump wants Afghan drawdown before 2020 election: Pompeo

Trump wants Afghan drawdown before 2020 election: Pompeo

US President Donald Trump wants to begin withdrawing troops from Afghanistan before the 2020 election, Secretary of State Mike Pompeo said on Monday. Pompeo was asked during an event at the Economic Club of Washington if he expected to see a drawdown befo
Published 30 Jul, 2019 12:00am
Trump wants Afghan drawdown before 2020 election: Pompeo

Trump wants Afghan drawdown before 2020 election: Pompeo

US President Donald Trump wants to begin withdrawing troops from Afghanistan before the 2020 election, Secretary of State Mike Pompeo said on Monday. Pompeo was asked during an event at the Economic Club of Washington if he expected to see a drawdown befo
Published 30 Jul, 2019 12:00am
Taxation matters: Pakistan, China to sign MoU: Shabbar

Taxation matters: Pakistan, China to sign MoU: Shabbar

Chairman Federal Board of Revenue (FBR) Syed Muhammad Shabbar Zaidi has said that the Pakistan and China will sign a memorandum of understanding (MoU) on cooperation between FBR and China''s State administration of taxation for sharing best international
Published 30 Jul, 2019 12:00am
Taxation matters: Pakistan, China to sign MoU: Shabbar

Taxation matters: Pakistan, China to sign MoU: Shabbar

Chairman Federal Board of Revenue (FBR) Syed Muhammad Shabbar Zaidi has said that the Pakistan and China will sign a memorandum of understanding (MoU) on cooperation between FBR and China's State administration of taxation for sharing best international p
Published 30 Jul, 2019 12:00am
Taxation matters: Pakistan, China to sign MoU: Shabbar

Taxation matters: Pakistan, China to sign MoU: Shabbar

Chairman Federal Board of Revenue (FBR) Syed Muhammad Shabbar Zaidi has said that the Pakistan and China will sign a memorandum of understanding (MoU) on cooperation between FBR and China's State administration of taxation for sharing best international p
Published 30 Jul, 2019 12:00am
Irfan Siddiqui's arrest: incident embarrassing for judiciary: CJP

Irfan Siddiqui's arrest: incident embarrassing for judiciary: CJP

Chief Justice of Pakistan Asif Saeed Khan Khosa expressing dismay over the arrest of Pakistan Muslim League-Nawaz leader Irfan Siddiqui in a rent matter has said the incident is embarrassing for the institution. Talking to reporters after addressing the o
Published 30 Jul, 2019 12:00am
Irfan Siddiqui's arrest: incident embarrassing for judiciary: CJP

Irfan Siddiqui's arrest: incident embarrassing for judiciary: CJP

Chief Justice of Pakistan Asif Saeed Khan Khosa expressing dismay over the arrest of Pakistan Muslim League-Nawaz leader Irfan Siddiqui in a rent matter has said the incident is embarrassing for the institution. Talking to reporters after addressing the o
Published 30 Jul, 2019 12:00am
Government withdraws FED exemption on internet, broadband services

Government withdraws FED exemption on internet, broadband services

Though the federal government is slamming the Sindh provincial government for imposition of sales tax on internet and broadband services, it has itself withdrawn exemption of Federal Excise Duty (FED) on internet and foreign satellite bandwidth services i
Published 30 Jul, 2019 12:00am
Government withdraws FED exemption on internet, broadband services

Government withdraws FED exemption on internet, broadband services

Though the federal government is slamming the Sindh provincial government for imposition of sales tax on internet and broadband services, it has itself withdrawn exemption of Federal Excise Duty (FED) on internet and foreign satellite bandwidth services i
Published 30 Jul, 2019 12:00am
Government withdraws FED exemption on internet, broadband services

Government withdraws FED exemption on internet, broadband services

Though the federal government is slamming the Sindh provincial government for imposition of sales tax on internet and broadband services, it has itself withdrawn exemption of Federal Excise Duty (FED) on internet and foreign satellite bandwidth services i
Published 30 Jul, 2019 12:00am
Government withdraws FED exemption on internet, broadband services

Government withdraws FED exemption on internet, broadband services

Though the federal government is slamming the Sindh provincial government for imposition of sales tax on internet and broadband services, it has itself withdrawn exemption of Federal Excise Duty (FED) on internet and foreign satellite bandwidth services i
Published 30 Jul, 2019 12:00am
Prince Bandar dies at 96

Prince Bandar dies at 96

Saudi Arabia was gearing up Monday for the funeral of King Salman's elder brother, the royal court said, after he died at the age of 96. "His Royal Highness Prince Bandar bin Abdulaziz al-Saud passed away," the royal court said Sunday in a brief statement
Published 30 Jul, 2019 12:00am
Prince Bandar dies at 96

Prince Bandar dies at 96

Saudi Arabia was gearing up Monday for the funeral of King Salman's elder brother, the royal court said, after he died at the age of 96. "His Royal Highness Prince Bandar bin Abdulaziz al-Saud passed away," the royal court said Sunday in a brief statement
Published 30 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Monday (July 29, 2019) and the forecast for Tuesday (July 30, 2019).

Published 30 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
5th Asian Regional CPA Conference discussed
Exchange

5th Asian Regional CPA Conference discussed

President Speaker Parliament of Uganda and President CPA Rebecca Kadaga and Chairperson CPA Executive Committee and Deputy Speaker of the Parliament of Cameroon Emilia Manjowa Lifaka separately met Speaker National Assembly Asad Qaiser, in Parliament Hous
Published 30 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
China landslide death toll jumps to 42, nine missing

China landslide death toll jumps to 42, nine missing

The death toll in a landslide which buried a village in southwest China rose to 42, state broadcaster CCTV said Monday, with nine still missing days after the disaster struck. Search and rescue operations at the site in Shuicheng county, Guizhou province
Published 30 Jul, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
Power supply remains stable, claims K-Electric

Power supply remains stable, claims K-Electric

Overall power supply situation remained stable in the city and system stability was ensured despite unprecedented and heavy rains on Monday. Various areas of Karachi were submerged as the rains continued uninterrupted throughout the day. While many areas
Published 30 Jul, 2019 12:00am
Power supply remains stable, claims K-Electric

Power supply remains stable, claims K-Electric

Overall power supply situation remained stable in the city and system stability was ensured despite unprecedented and heavy rains on Monday. Various areas of Karachi were submerged as the rains continued uninterrupted throughout the day. While many areas
Published 30 Jul, 2019 12:00am
Power supply remains stable, claims K-Electric

Power supply remains stable, claims K-Electric

Overall power supply situation remained stable in the city and system stability was ensured despite unprecedented and heavy rains on Monday. Various areas of Karachi were submerged as the rains continued uninterrupted throughout the day. While many areas
Published 30 Jul, 2019 12:00am
PIA cancels several flights

PIA cancels several flights

Pakistan International Airlines (PIA) has cancelled several flights to and from Karachi due to heavy rains. The national flag Carrier has made all arrangements in case of emergency situations during rains and put its staff on high alert to meet any untowa
Published 30 Jul, 2019 12:00am
PIA cancels several flights

PIA cancels several flights

Pakistan International Airlines (PIA) has cancelled several flights to and from Karachi due to heavy rains. The national flag Carrier has made all arrangements in case of emergency situations during rains and put its staff on high alert to meet any untowa
Published 30 Jul, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (July 29, 2019)

Published 30 Jul, 2019 12:00am
PIA cancels several flights

PIA cancels several flights

Pakistan International Airlines (PIA) has cancelled several flights to and from Karachi due to heavy rains. The national flag Carrier has made all arrangements in case of emergency situations during rains and put its staff on high alert to meet any untowa
Published 30 Jul, 2019 12:00am
Minister dismisses flood threat in near future

Minister dismisses flood threat in near future

The heavy downpour throughout Pakistan may trigger floods in different parts of the country, however, Minister of State for Climate Change Zartaj Gul Wazir has dismissed any possibility of flooding in near future. "There is no flood forecasting in near fu
Published 30 Jul, 2019 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
Minister dismisses flood threat in near future

Minister dismisses flood threat in near future

The heavy downpour throughout Pakistan may trigger floods in different parts of the country, however, Minister of State for Climate Change Zartaj Gul Wazir has dismissed any possibility of flooding in near future. "There is no flood forecasting in near fu
Published 30 Jul, 2019 12:00am
10 killed: rains bring life to a halt in Karachi

10 killed: rains bring life to a halt in Karachi

At least ten people, including a teenage girl, were killed in rain-related incidents after rains played havoc with normal life in Karachi on Monday. The downpour virtually brought life to a halt as commercial markets, shopping centers, educational institu
Published 30 Jul, 2019 12:00am
10 killed: rains bring life to a halt in Karachi

10 killed: rains bring life to a halt in Karachi

At least ten people, including a teenage girl, were killed in rain-related incidents after rains played havoc with normal life in Karachi on Monday. The downpour virtually brought life to a halt as commercial markets, shopping centers, educational institu
Published 30 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points
Exchange

Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points

Pakistan Stock Exchange Monday witnessed a bearish trend following selling in various sectors with extremely low volumes. BRIndex100 lost 42.54 points or 1.27 percent to close at 3,317.19 points. BRIndex100 touched intraday high of 3,361.03 and intraday l
Published 30 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (July 29, 2019).

Published 30 Jul, 2019 12:00am
Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points
Exchange

Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points

Pakistan Stock Exchange Monday witnessed a bearish trend following selling in various sectors with extremely low volumes. BRIndex100 lost 42.54 points or 1.27 percent to close at 3,317.19 points. BRIndex100 touched intraday high of 3,361.03 and intraday l
Published 30 Jul, 2019 12:00am
Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points
Exchange

Blue chips lead decline on KSE: BRIndex100 sheds 42.54 points

Pakistan Stock Exchange Monday witnessed a bearish trend following selling in various sectors with extremely low volumes. BRIndex100 lost 42.54 points or 1.27 percent to close at 3,317.19 points. BRIndex100 touched intraday high of 3,361.03 and intraday l
Updated 30 Jul, 2019 04:50am
EU court rules sites must warn about Facebook 'like' button

EU court rules sites must warn about Facebook 'like' button

Europe's top court ruled Monday that online retailers must warn web users that they send personal data to Facebook through the "like" button. According to the European Court of Justice ruling, a site that embeds the Facebook "like" icon and link on its pa
Published 30 Jul, 2019 12:00am
THE RUPEE: slight changes
Currency

THE RUPEE: slight changes

Little changes were seen on the money market on Monday as the rupee showed marginal changes against the dollar in process of trading activity, dealers said. INTER-BANK MARKET RATES: The rupee moved with little variations
Published 30 Jul, 2019 12:00am