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Print - 2020-05-24
Survivor recalls horror of PIA plane crash

Survivor recalls horror of PIA plane crash

One of the two people to survive a plane crash in Karachi that killed 97 people on board has described jumping from the burning wreckage of the aircraft after it hurtled into a residential neighbourhood.
Published 24 May, 2020 12:01am
Around 97 bodies recovered

Around 97 bodies recovered

Around 97 bodies have been recovered at the site of plane crash near Jinnah International Airport, Karachi.
Published 24 May, 2020 12:01am
Government promises 'transparent' plane probe

Government promises 'transparent' plane probe

Federal Minister for Aviation Ghulam Sarwar Khan Saturday said that efforts are being made to complete the investigation report of flight PK8303 crash within three months.
Published 24 May, 2020 12:01am
Virus-hit Hertz declares bankruptcy in US and Canada

Virus-hit Hertz declares bankruptcy in US and Canada

Global car rental company Hertz became the latest economic casualty of the coronavirus pandemic Friday, filing for bankruptcy in the US and Canada after more than a century in business.
Published 24 May, 2020 12:01am
FBR decides to conduct audit of 4 sugar mills

FBR decides to conduct audit of 4 sugar mills

The Federal Board of Revenue (FBR) has decided to conduct audit of four sugar mills to check/verify their records for the last five years and recover the evaded amount of sales tax in line with the recommendations of the Sugar Inquiry Commission.
Published 24 May, 2020 12:01am
PTAA seeks PM's help for clearance of blocked refunds

PTAA seeks PM's help for clearance of blocked refunds

Pakistan Tax Advisors Association (PTAA) has approached Prime Minister Imran Khan for early clearance of blocked income tax refunds by the Federal Board of Revenue's field formations including Regional Tax Offices (RTOs) and Large Taxpayer Units (LTUs).
Published 24 May, 2020 12:01am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, Sunday (May 24) and tomorrow. Monday (May 25) on account of Eid-ul-Fitr. There will, therefore, be no issue of the newspaper on Monday and Tuesday (May 25 & 26).
Published 24 May, 2020 12:01am
Eid-ul-Fitr today

Eid-ul-Fitr today

Chairman Central Ruet-i-Hilal Committee Mufti Muneebur Rehman on Saturday announced the sighting of the moon for the month of Shawwal, saying Eid-ul-Fitr will be celebrated across Pakistan on Sunday.
Published 24 May, 2020 12:01am
Trump heads to golf course, says will attend space launch

Trump heads to golf course, says will attend space launch

Donald Trump on Saturday underlined his push for a return to normal life in the US by making his first visit to a golf course in two months and confirming he would attend a space launch next week.
Published 24 May, 2020 12:01am
Coronavirus cases pass 5.25m worldwide

Coronavirus cases pass 5.25m worldwide

The number of cases of coronavirus recorded worldwide has passed 5.25 million, more than two thirds of them in Europe and the United States, according to an AFP tally at 1650 GMT Saturday.
Published 24 May, 2020 12:01am
Cuba dreading Trump re-election, says diplomat

Cuba dreading Trump re-election, says diplomat

The re-election of Donald Trump as president of the United States would be "the worst" scenario for Cuba, Havana's top diplomat in charge of relations with Washington told AFP.
Published 24 May, 2020 12:01am
UK to require employers to pay 20-30pc of furloughed wage cost

UK to require employers to pay 20-30pc of furloughed wage cost

The United Kingdom has drawn up plans to require employers to cover 20% to 30% of furloughed employees' wages from August to reduce the vast burden of the coronavirus crisis on government finances, The Times newspaper reported.
Published 24 May, 2020 12:01am
Coronavirus edges Greece closer to e-governance

Coronavirus edges Greece closer to e-governance

The coronavirus crisis has forced Greece to take rapid steps to computerise its lumbering civil service and belatedly introduce e-governance in one of the EU's worst digital laggards, experts say.
Published 24 May, 2020 12:01am
Top Venezuela court orders seizure of AT&T subsidiary assets

Top Venezuela court orders seizure of AT&T subsidiary assets

Soldiers surrounded the Caracas headquarters of television provider DirecTV, owned by AT&T, on Friday after a ruling by Venezuela's highest court ordered the "immediate" seizure of the company's facilities and equipment.
Published 24 May, 2020 12:01am
Fawad emerges as victor in moon-sighting 'battle'?

Fawad emerges as victor in moon-sighting 'battle'?

Federal Minister for Science and Technology Fawad Chaudhry on Saturday said Eidul Fitr would be celebrated in the country on Sunday (today), according to the calculations made by his ministry.
Published 24 May, 2020 12:01am
Tobacco farmers, industrial workers oppose heavy taxes
Commodities

Tobacco farmers, industrial workers oppose heavy taxes

Tobacco farmers and industrial workers have demanded Pakistan Tehreek-e-Insaaf (PTI) government not to impose heavy taxes saying the move would create monopoly of multinational companies and eliminate thousands of jobs from local industry.
Published 24 May, 2020 12:01am
Eid holidays: Residences exempted from load-shed: K-Electric

Eid holidays: Residences exempted from load-shed: K-Electric

Cognizant of the rigors of peak summer and the unprecedented COVID-19 crisis, and in line with its commitment to provide maximum relief to the people of Karachi, K-Electric (KE), will continue to exempt residential consumers from scheduled load-shed from
Published 24 May, 2020 12:01am
Bilawal urges nation to celebrate Eid with simplicity

Bilawal urges nation to celebrate Eid with simplicity

Pakistan People's Party Chairman Bilawal Bhutto Zardari in his appeal to the public said that Eid should be celebrated with simplicity and SOP's defined by the government should be followed during Eid congregational prayers.
Published 24 May, 2020 12:01am
Sindh governor condoles with family of Ansar Naqvi

Sindh governor condoles with family of Ansar Naqvi

Sindh Governor Imran Ismail visited the residence of Ansar Naqvi, a senior journalist and Director News of a private TV new channel at Askari-IV, who was among the victims of PIA's plane crash at Karachi on Friday.
Published 24 May, 2020 12:01am
Sindh imposes ban on bathing, leisure activities

Sindh imposes ban on bathing, leisure activities

A notification issued by the government of Sindh on Saturday imposed a two-month ban on bathing and leisurely activities at sea shores. The Commissioner of Karachi, Iftikhar Shalwani issued the notification related to the imposition of section 144 of (Cri
Published 24 May, 2020 12:01am
Businessmen express grief over loss of life

Businessmen express grief over loss of life

United Business Group (UBG) Patron-in-Chief, S M Muneer, Chairman Iftikhar Ali Malik, Secretary-General Zubair Tufail, Chairman Sindh Region Khalid Tawab, Central Spokespersons Gulzar Feroze, Abdul Haseeb Khan, Mian Adrees, Abdul Rauf Alam, Ilyas Bilour,
Published 24 May, 2020 12:01am
Murtaza Baloch shifted to ICU

Murtaza Baloch shifted to ICU

Sindh Minister for Human Settlement, Ghulam Murtaza Baloch, has been shifted to Intensive Care Unit (ICU) of a private hospital after his state of health started deteriorating here.
Published 24 May, 2020 12:01am
Work on establishing bazaars at Pak-Afghan border in progress

Work on establishing bazaars at Pak-Afghan border in progress

Secretary Industries Khyber Pakhtunkhwa Aamir Latif has said that after completion of fencing, the government is going to establish border bazaars in Torkham, Ghulam Khan, Kharlachi and Shah Saleem Warandu (Chitral).
Published 24 May, 2020 12:01am
Sindh agri workers protest against land mafia

Sindh agri workers protest against land mafia

Sindh Agriculture General Workers Union and Hari HaqdarTahreek (HHT) arranged a demonstration at Hyderabad Press Club to protest against forced occupation and burning of houses of Bheel community by land mafia.
Published 24 May, 2020 12:01am
Warm, humid weather forecast

Warm, humid weather forecast

The Met Office Saturday forecast warm and humid weather for Karachi during the Eid-ul-Fitr days, with a maximum temperature up to 37 degrees Celsius.
Published 24 May, 2020 12:01am
Govt urged to deal with locust threat with better coordination

Govt urged to deal with locust threat with better coordination

Former chairman of the FPCCI standing committee on horticulture and BMP secretary-general (Federal), Ahmad Jawad, has called upon the government to raise the issue of locust threat across the country in the meetings of National Coordination Committee and
Published 24 May, 2020 12:01am
Shopping dominates Covid-19 fear

Shopping dominates Covid-19 fear

The increasing numbers of the Coronavirus cases in the provincial capital has not deterred people from rushing to markets for Eid-ul-Fitr shopping in violation of guidelines given by the government.
Published 24 May, 2020 12:01am
PTI govt not facing any threat: Punjab governor

PTI govt not facing any threat: Punjab governor

Punjab Governor Chaudhry Mohammad Sarwar said on Saturday that the PTI government was not facing any threat and the general elections would be held on time in 2023.
Published 24 May, 2020 12:01am
Eid shopping gains momentum in Sialkot

Eid shopping gains momentum in Sialkot

The Eid shopping activities are on peak in every nook and corner of the city and huge rush has been witnessed on shopping centres, commercial markets. A large number of females also rushed on beauty parlors and hairdressers set up in different areas of th
Published 24 May, 2020 12:01am
District administration seals warehouse

District administration seals warehouse

District administration has sealed a warehouse for storage of pulses and gram in huge quantity. According to details, Assistant Commissioner Sadar Umar Maqbool inspected the warehouse near Sadhar on Jhang Road and found 7,000 bags of pulses that were seiz
Published 24 May, 2020 12:01am
Special PIA flight brings back 155 Pakistanis
Global Business Economy

Special PIA flight brings back 155 Pakistanis

Pakistan International Airlines (PIA) has brought back 155 Pakistanis stranded in Dubai due to Covid-19 pandemic and suspension of airline operations.
Published 24 May, 2020 12:01am
LESCO detects 39 tampered meters
Energy

LESCO detects 39 tampered meters

The Lahore Electric Supply Company (LESCO) detected tampering in 39 electricity meters out of a total of 2008 inspected in the Northern circle under the power-theft drive of the Company.
Published 24 May, 2020 12:01am
Covid-19: CM for changing lifestyle, following SOPs

Covid-19: CM for changing lifestyle, following SOPs

Punjab Chief Minister Sardar Usman Buzdar in a meeting with provincial ministers Raja Basharat, Mian Mahmoodur Rashid and Malik Muhammad Anwar, here Saturday discussed matters regarding implementation on the SOPs formulated to eradicate Covid-19.
Published 24 May, 2020 12:01am
Chinese envoy terms comments by Alice Wells as baseless allegations

Chinese envoy terms comments by Alice Wells as baseless allegations

The Pakistan-China Institute (PCI), in collaboration with the Centre for Chinese Legal Studies (CCLS), Shaikh Ahmad Hassan School of Law (SAHSOL), LUMS, organised a special webinar under the framework of "Friends of Silk Road" to celebrate 69 years of dip
Published 24 May, 2020 12:01am
Argentina in default but creditor negotiations continue

Argentina in default but creditor negotiations continue

Argentina defaulted on Friday for the second time in less than 20 years after failing to pay $500 million of interest on its bond debt, but it continues to negotiate a restructure with creditors, Finance Minister Martin Guzman said.
Published 24 May, 2020 12:01am
Hollywood producer arrested in alleged $30m fraud scheme

Hollywood producer arrested in alleged $30m fraud scheme

The ousted chairman of a movie production and distribution company was arrested in Los Angeles on Friday for his alleged role in a nearly $30 million fraud scheme and for bilking a COVID-19 fund set up to help businesses.
Published 24 May, 2020 12:01am
EU 'frugal four' present own proposal for virus aid

EU 'frugal four' present own proposal for virus aid

Four EU countries dubbing themselves the "frugal four" presented their own proposal Saturday for post-coronavirus economic recovery, restating their rejection of any jointly-issued debt instruments.
Published 24 May, 2020 12:01am
Rare protest in Qatar over unpaid wages
Global Business Economy

Rare protest in Qatar over unpaid wages

Migrant labourers staged a rare protest in Qatar over unpaid wages, the government said Saturday, at a time of economic fallout from the coronavirus pandemic and rock-bottom oil prices.
Published 24 May, 2020 12:01am
Iraqi minister seeks Gulf funds to stave off fiscal collapse
Global Business Economy

Iraqi minister seeks Gulf funds to stave off fiscal collapse

Iraq's new finance minister was in Saudi Arabia on Saturday seeking emergency funds to stave off an impending financial crisis brought on by collapsing oil prices. In his first trip abroad since becoming minister, Ali Allawi met the Saudi finance, energy
Published 24 May, 2020 12:01am
China reports no new virus cases for first time

China reports no new virus cases for first time

China on Saturday reported zero new coronavirus infections for the first time since it started reporting data in January, a day after Communist Party leaders celebrated "major achievements" in the virus fight.
Published 24 May, 2020 12:01am
Protests in Indian city over cyclone recovery delay

Protests in Indian city over cyclone recovery delay

Thousands took to the streets of the Indian city of Kolkata on Saturday to protest against what they said was the slow government response to power cuts and flooding after a devastating "super cyclone".
Published 24 May, 2020 12:01am
UK govt defends top adviser over lockdown 'breach'

UK govt defends top adviser over lockdown 'breach'

The British government on Saturday rejected calls to sack top adviser Dominic Cummings over allegations he broke coronavirus lockdown rules by travelling across the country while displaying symptoms of the disease. Cummings, who announced he was suffering
Published 24 May, 2020 12:01am
Spike in Covid-19 positive cases
Letters

Spike in Covid-19 positive cases

A sudden spike in the number of coronavirus positive cases across the country clearly shows that lockdown relaxations have led to worsening the situation. What has been observed since the ease in lockdown is growing incidence of violations of the SOPs to
Published 24 May, 2020 12:01am
The final step of your business's journey!
Articles

The final step of your business's journey!

Running a business on any scale requires careful planning and the ability of its managers to capitalize on all opportunities presented, while also finding the best solutions to all the challenges that arise in the business landscape. Every economy in the
Published 24 May, 2020 12:01am
Sugar inquiry: Fix the illness not the symptoms
Articles

Sugar inquiry: Fix the illness not the symptoms

The sugar inquiry report did not focus on the structural problems creating the 'economic rents'. Rather the energies are expended on chasing the rentiers. And the media eyes are on personalities. The study dealt with the tactical issues - nothing on fixin
Published 24 May, 2020 12:01am
All's never well when Wells appears

All's never well when Wells appears

This is not the first time that the now outgoing Principal Deputy Assistant Secretary of State for South and Central Asia at the US Department of State, Alice Wells, has tried to protect Pakistan's interests by speaking out against the China Pakistan Econ
Published 24 May, 2020 12:01am
A time for mourning

A time for mourning

Friday's unfortunate PIA plane crash in Karachi has turned what was already going to be a sombre Eid holiday into a time of national mourning. Ninety-seven people have been killed, with more feared dead as rescue workers search through the rubble of destr
Published 24 May, 2020 12:01am
KP police review Covid-19 preventive steps taken in 2 months

KP police review Covid-19 preventive steps taken in 2 months

A high level meeting held at Central Police Office (CPO) Peshawar on Saturday with IGP Khyber Pakhtunkhwa (KP) Dr Sanaullah Abbasi in chair, reviewed the steps taken for prevention of Covid-19 during the period of last two months.
Published 24 May, 2020 12:01am
Yasinzai for celebrating Eid with simplicity

Yasinzai for celebrating Eid with simplicity

Governor Balochistan Amanullah Khan Yasinzai Saturday said the people should follow all necessary precautionary measures to control further spread of coronavirus.
Published 24 May, 2020 12:01am
Pesco establishes crisis management cell for Eidul Fitr

Pesco establishes crisis management cell for Eidul Fitr

On the directions of Chief Executive Pesco Engineer Muhammad Jabbar Khan a crisis management cell has been established at WAPDA House Peshawar with the special aim to deal with any emergency during the Eidul Fitr holidays.
Published 24 May, 2020 12:01am
NTDC energises 500 kV transmission line

NTDC energises 500 kV transmission line

The National Transmission and Dispatch Company (NTDC) is completing its ongoing projects on a fast track with the best utilization of resources despite the COVID-19 pandemic.
Published 24 May, 2020 12:01am
The Weather

The Weather

The weather report on Saturday (May 23, 2020) and the forecast for Sunday (May 24, 2020).

Published 24 May, 2020 12:01am
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