Pakistan’s direct investment dips by 42pc in Q1
—Total foreign investment declines by 60.1pc to $254.3m KARACHI: The direct investment in the country has declined by 42 per cent in the first quarter (Q1) (July-September) of the fiscal year 2018-19…
Federal govt land worth trillions remains illegally occupied in Karachi
Residents continue to reside despite SC orders to vacate properties FIA not allowed to register FIRs against fed govt employees who illegally sold properties, say officials KARACHI: As many as 7,882 federal…
MQM-P to support GDA, independents in interior Sindh
KARACHI: To compete with the rival Pakistan People Party (PPP) in interior Sindh, the coordination committee of Muttahida Qaumi Movement-Pakistan (MQM-P) Tuesday announced its support for the candidates of Grand Democratic Alliance…
No single party can form govt in forthcoming election: report
PTI can acquire 99 seats while PML-N can clinch 72 seats in lower house AKD report says PTI, PPP coalition in center not unlikely KARACHI: No single party is likely to win…
MQM-P to continue to fight for accurate census: Sattar
‘Nobody can make proper planning for Karachi without accurate population census’ KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) leader Dr Farooq Sattar has said that his party will continue to fight for the accurate census…
SHC directs CAA to not suspend Shaheen Airlines’ operations
KARACHI: Sindh High Court (SHC) on Monday directed the Civil Aviation Authority (CAA) to not suspend operations of Shaheen Airline International (SAI) from Monday. On Friday, CAA had forwarded a letter to SAI,…
PTI to edge ahead of PML-N: Credit Suisse reports on its research
-Imran Khan may need to enter into an alliance with the PPP KARACHI: Pakistan Tehreek-e-Insaaf (PTI) is to edge ahead of the Pakistan Muslim League-Nawaz (PML-N) in the upcoming elections with an…
Usman Institute of Technology (UIT) to get university status soon
KARACHI: Usman Institute of Technology (UIT), working under Usman Memorial Foundation since last 1994, will get University Status under the Sindh Universities and Institutions Amendment Bill 2018 and the institute will work…
Two ships collide at KPT, loaded containers fall into sea
KARACHI: Two heavy loaded vessels near the South Asia Pakistan Terminals Limited (SAPT) collided on Monday causing loaded containers on both the ships to fall into the sea. “Approximately 55-60 containers from the…
NAB to investigate former SPSC chairman, others over illegal appointments
KARACHI: Karachi National Accountability Bureau (NAB) Wednesday filed a reference in Accountability Court at Hyderabad against former Sindh Public Service Commission (SPSC) chairman Muhammad Hassan Bhutto, former SPSC controller examination Muhammad Umer…
Dairy farmers say commissioner’s unavailability may worsen milk crisis
KARACHI: The issue of milk prices in Karachi further deteriorating as Karachi Commissioner Ejaz Ahmed Khan is ignoring the cattle farmers for the last three weeks and not giving time to resolve…
FIA sends notices to 100 Pakistani investors in Dubai real estate
KARACHI: The Federal Investigation Agency’s (FIA) Anti-Corruption Wing has sent notices to 100 rich Pakistanis, who own properties in Dubai to investigate money laundering from Pakistan to Dubai. The people who were sent…
11 Pakistani exhibitors participate in Ambiente Fair, Frankfurt
KARACHI: More than 11 Pakistani exhibitors are displaying their products in Ambiente Fair to be held from February 9-13 in Frankfurt, Germany. The exhibitors from Pakistan are showcasing high-quality products such as…
SC allows high-rise buildings, orders crackdown on tanker mafia in Karachi
CJP comes down hard on Sindh officials for not resolving civic problems Says sale of water via tankers needs to end Says tea whiteners are not milk KARACHI: Chief Justice of Pakistan…
Law enforcement agencies halt construction in Karachi Bahria Town
KARACHI: Law enforcement agencies (LEAs) on Tuesday night halted the construction work on almost 1,100-1,300 acres of land in Karachi’s Bahria Town, in compliance with the verdict of Supreme Court (SC) passed…
FIA nabs foreigners evading Rs675 million in taxes
KARACHI: The Federal Investigation Agency (FIA) has arrested two foreigners, Zhong Zhongmin and Li Chonhong, in a tax-evading case of Rs675 million by their company. An FIR was registered against a foreign company,…
Karachi Biennale seeking to engage community through art
KARACHI: Karachi Biennale 2017 (KB17) continued with the art exhibitions in addition to performing art at twelve venues in the city. The opening ceremony of KB17 took place last Saturday at the…