Tuesday , October 15 2019

Recent Posts

Pakistani Debilitating Economy Starts breathing again

Finance Advisor Abdul Hafeez Sheikh

Trade and fiscal deficits are the only two major setbacks that have been faced by the PTI Govt since 2018. Mini budgets were presented times and again to rescue the Pakistani Economy, however, desired results were far away from the destination. Asad Umar –former Finance Minister- tried his best to …

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Pakistan Textile Industry show cases textile products in France

pak-textile-france

The fourth day of the International Textile Exhibition named “Texworld” is underway in France. More than 23 companies have participated in this exhibition. They have showcased the quality textile products in this exhibition. Related: China repeated its promise to complete CPEC projects on time Pakistan’s Ambassador to France Moin ul …

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Tech-enabled Pakistani Logistics Company raises $7.8 million

Cheetay

Pakistan-based logistics company, Cheetay has presently raised $7.8 million in a Series A round from the US-based investors bringing the total raised investment of the company to $11.5 million. Founded by Ahmed Khan, former CEO of Daraz, the company provides services in delivering food, groceries, parcels and medicines while it …

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Government to facilitate investors in SEZs: Abdul Razaq Dawood

Special Economic Zones

On Wednesday, Adviser to the Prime Minister on Commerce, Textile, Industries, and Production and Investment Abdul Razak Dawood said that the government has taken tactical decision to help investors by providing a state-of-the-art arrangement in Special Economic Zones (SEZs). He also guaranteed to ease to the investors from the Board …

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PIA has started straight air travel between Sialkot and London

pia plane

The Pakistan International Airlines (PIA) has started straight air travel between Sialkot and London, confirmed an official statement of the air company. According to the agenda delivered by the Pakistan International Airlines, flight number PK-777 will leave at 10:15 am from Sialkot every Tuesday and will reach at Heathrow Airport …

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Indian Goldman executive ´stole millions´ to pay poker debts

poker

NEW DELHI: On Tuesday, a senior Goldman Sachs administrative in India was detained for supposedly cheating the United State bank out of millions of dollars to pay off online poker amount overdue in China, police said. Press reports said that Ashwani Jhunjhunwala, a vice president at the bank´s Bangalore office, …

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Alibaba’s Ma steps down as industry faces uncertainty

Jack Ma

BEIJING (AP) – Alibaba Group founder Jack Ma, who helped launch China s online retailing boom, stepped down as chairman of the world s biggest e-commerce company on Tuesday at a time when its fast-changing industry faces uncertainty amid a US-Chinese tariff war. Ma, one of China s wealthiest and best-known entrepreneurs, gave …

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Trade War between China and US about to end

China and United State

China and the United States (US) will start again trade meetings in Washington in early October, relieving fears that new corrective tariffs would lead to a collapse in the extended talks. The world’s two biggest economies have been involved in an anxious year-long tariffs noise, which intensified on September 1 …

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The Donkey King earned good business in South Korea

Donkey King

LAHORE: Pakistan’s most popular animated movie ‘The Donkey King’ was released in South Korea where it collected a massive amount of Rs7.5 million in its five-day long weekend. According to a local magazine, although its slow start on the opening day i.e. Friday, the film achieved to step up on …

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