Smuggling goods worth Rs 754 mln seized in 4 days

ISLAMABAD, May 04 (APP):Anti-smuggling teams of Directorate Customs Intelligence and Investigation, working under the Federal Board of Revenue (FBR), have seized illegal movement of different goods worth Rs 754 million during the last four days of the current week. Acknowledging the good performance, FBR Chairman […]

PARCO to establish two trauma centers in Sindh

SUKKUR, May 04 (APP): Pak Arab Refinery Company (PARCO) has planned to establish two trauma centres in Shikarpur and Sehwan under Corporate Social Responsibility. The PARCO is going to establish a trauma center at Bubak town near Sehwan and another trauma center at Shikarpur to […]

President ADB reaffirms support to Pakistan

Islamabad, May 3 (Online): Masatsugu Asakawa, President, Asian Development Bank (ADB), in his meeting with the Pakistan delegation led by Dr. Kazim Niaz, Secretary, Economic Affairs Division (EAD), reaffirmed ADB’s continued support to Pakistan. The meeting took place on the sidelines of the 56th Annual […]

Airbus net profit plunges as deliveries drop

Paris, May 3 (AFP/APP): European aircraft manufacturer Airbus said Wednesday its revenues and net profit fell during the first quarter of the year as deliveries dropped amid continuing supply chain difficulties. The company delivered 127 aircraft in the first three months of this year, down […]

White House ‘will not negotiate’ on debt ceiling

Washington, May 2 (AFP/APP): President Joe Biden, the Republicans and the US economy were on a disastrous collision course Tuesday after the White House made clear it will not negotiate over extending the nation’s debt limit. Treasury Secretary Janet Yellen warns that the government will […]