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  • Lahore PC gets new GM

    November 21, 2018 12:00 AM 5

    LAHORE: The Pearl-Continental Hotel has appointed Roy Alberto Kappenberger as the new general manager in Lahore, a statement said on Tuesday. Kappenberger has worked in the hospitality industry for over 30 years. Prior to his recent assignment as general manager of Marriott, Islamabad since March 2017, he was cluster GM of Radisson Blu Scandinavia Hotel

  • Rice conference in Larkana next week

    November 21, 2018 12:00 AM 3

    KARACHI: Rice Exporters Association of Pakistan is organising a two-day conference in Larkana next week for awareness of farmers to reduce quantity of broken rice. Safder Hussain Mehkri, chairman, REAP, briefed reporters on Tuesday that the country lost around Rs0.5 billion annually because of the broken rice. “Though, there is no concrete data on it, around

  • Online sales of fashion products growing

    November 20, 2018 12:00 AM 3

    LAHORE: The rise of e-commerce in the past few years enabled through the internet and smartphone penetration especially in urban areas of Pakistan has considerably facilitated the online sale of certain categories, a statement said. The categories include fashion, travel, and IT, which account for the largest proportion of online transactions – 40, 31 and 29 percent

  • Workshop for entrepreneurs held

    November 20, 2018 12:00 AM 4

    ISLAMABAD: Khushhali Microfinance Bank joined hands with Minerva’s SheReturns program to organise a social media marketing training workshop for female entrepreneurs on the occasion of Women’s Entrepreneurship Day on Monday, a statement said. “A two day free of cost training and skill development workshop for Rawalpindi and Islamabad based female entrepreneurs

  • Emirates Group revenue up 10pc

    November 18, 2018 12:00 AM 3

    KARACHI: The Emirates Group’s revenue went up 10 percent to AED 54.4 billion ($14.8 billion) for the first six months of financial year 2018/19, a statement said. The group saw steady revenue growth as compared to the same period of the last year; however, profit was impacted by the significant rise in oil prices, and unfavourable currency movements

  • Rupee may remain flat

    November 18, 2018 12:00 AM 3

    The rupee traded almost steady in the local currency market during the outgoing week amid sluggish dollar demand. The rupee depicted minor changes and lost four paisas against the dollar in the week under review. The currency closed at 133.95 against the dollar. It concluded the week on a negative note by trading at 133.99. In the open market, the rupee

  • PIA resumes Muscat, Sharjah flights

    November 17, 2018 12:00 AM 4

    KARACHI: Pakistan International Airlines (PIA) on Friday announced that it was restoring its Muscat and Sharjah routes, which remained suspended for more than a year, as parts of efforts to expand the network of national flag carrier. “The Lahore-Muscat route will be restored from Saturday 17th November operated by A320 aircraft. PIA will operate twice

  • Fair share in gas supply demanded

    November 16, 2018 12:00 AM 4

    KARACHI: The SITE Association of Industry (SAI) on Thursday demanded the government to provide gas to Sindh in accordance with the Constitution of Pakistan. The Association’s President Saleem Parekh quoted Article 158 of the Constitution titled “Priority of requirements of natural gas”, and said that it was crystal clear in the constitution that a gas producing

  • Farmers threaten protests over ‘cotton import plans’

    November 16, 2018 12:00 AM 5

    LAHORE: Farmers on Thursday threatened to launch countrywide protests if the textile sector’s ‘big wheels’ did not roll back their alleged plans of sourcing cheap imported cotton, ditching the locally produced fiber. “Powerful textile millers are planning to import some 50,000 tons of cotton from Central Asia through Torkham border,” Khalid Mehmood Khokhar

  • Govt mulls uniform electricity tariff structure

    November 15, 2018 12:00 AM 4

    KARACHI: Government is mulling a new uniform tariff structure for power distribution companies, which is likely to raise the national electricity average rate to Rs15.53/kilowatt-hour from the exiting Rs12.92/kWh, The News learnt on Wednesday. The government proposed the uniform tariffs based on determined revenue requirement of ex-Water and Power Development