KARACHI, AUG 25 (DNA)- Indus Motor Company Limited’s (IMC) on Friday announced a 13pc hike in net profit as profit surged to Rs13 billion for the financial year ended June-30, 2017. As per bourse filed on Thursday, the earnings per share (EPS) stood at Rs165.41. The documents also showed an upward trajectory of 3pc to Rs112.271 billion in company’s revenue for FY 2016-17. It stood at Rs108.758 billion for the FY 2015-16. The company announced a cash dividend of Rs35/share in addition to the combined interim cash dividend of Rs80/share already paid to shareholders.
Worst violence in months kills 12 in Myanmar’s Rakhine
YANGON, AUG 25 (DNA) – At least 12 people including five police officers were killed Friday in Myanmar’s restive Rakhine state as Rohingya militants launched pre-dawn raids on border posts, according to the office of State Counsellor Aung San Suu Kyi. It is the worst outbreak of violence for months in the coastal state bisected by religious hatred and follows a milestone report by a commission led by former UN chief Kofi Annan urging immediate action to heal the divide. More than 20 police posts came under attack by an estimated 150 militants in the early hours of Friday, prompting soldiers to fight back, the statement issued by the State Counsellor’s office said.
FPCCI demands Rs3 per unit reduction in power tariff for export sector
ISLAMABAD, AUG 22 (DNA) – Former Governor of the State Bank of Pakistan Dr. Ishrat Hussain has said that exports play a very important role in keeping the economy stable therefore this sector should be facilitated. Reasons behind dwindled exports include cost and availability of energy, want of skilled labour and lack of interest in imparting training to the staff on the part of export industries, he said. Dr. Ishrat Hussain who has also served as Advisor to the government said this while speaking at a seminar regarding export competitiveness in the FPCCI.
Gov’t releases Rs.53.615 billion for development projects
ISLAMABAD, AUG 21 (DNA) – The government has so far released Rs53.615 billion under its Public Sector Development Programme (PSDP) for the fiscal year 2017-18 for various ongoing and new schemes against their total allocations of Rs.1001 billion. The released funds include Rs5083.980 million for federal ministries and Rs14420 million for special areas, according to data of Ministry of Planning, Development and Reform. Out of these allocations, Rs2600 million have been released for Communication Division (other than National Highway Authority) for which the government has earmarked Rs13660 million under PSDP 2017-18.
Comedy legend Jerry Lewis dies at 91
WASHINGTON, AUG 21 (DNA) – Veteran Hollywood comedian Jerry Lewis, who died Sunday aged 91, perfected a goofy brand of slapstick that endeared him to millions over the course of a career spanning six decades. One of the most popular American entertainers of the 1950s and 60s, Lewis made his name as the clown behind such quirky comedies as “The Nutty Professor” but also won acclaim as a writer, actor and philanthropist. The comedy legend, who at the peak of his popularity was among the world s biggest movie draws, died at his home in Las Vegas early Sunday morning.
Muslim national council to help ’embed Islam in a 21st-century British context’
LONDON, AUG 21 (DNA) – Britain’s Muslim clerics are going to set up their first national council in which the most senior imams are to issue progressive religious rulings in order to “embed Islam in a 21st-century British context.” Qari Asim, one of the prominent imams in Britain, said the authority will promote an interpretation of Islam in line with British values. Asim, who is the chief imam of Makkah mosque in Leeds, said British Muslims needed an authoritative and credible voice that could speak out on the issues as diverse as terrorism, organ donation and Islamophobia.
Week-long Turkish Food Festival begins at Islamabad Serena Hotel
ISLAMABAD, AUG 19 (DNA) – The Islamabad Serena Hotel, in collaboration with the Embassy of The republic of Turkey, inaugurated a week-long Culinary Art Turkish Food Festival at the Grand Zamana Restaurant.The experts of Turkish cuisine were transported from the one and only Ottoman Imperial Palace and Hotel on the Bosphorus, Çırağan Palace Kempinski located in timeless Istanbul, Turkey. The Islamabad Serena hotel was delighted to welcome sous-chef, Serdar Öngel, chef de partie, Davut Kutlugün and pastry chef and chocolatier, Servet Kanat, who are the experienced chefs exclusively came for this festival from the magnificent Çırağan Palace Kempinski Istanbul.
Qatar and Pakistan exploring new maritime cooperation
KARACHI, AUG 19 (DNA) – After launching weekly direct shipping service between Hamad Port and Karachi Port, Qatar and Pakistan are exploring new avenues of maritime cooperation. Vice-Admiral (Retd) Azhar Shamim Anwar, Managing Director of Bahria Foundation Pakistan, has said that Qatar and Pakistan are exploring maritime cooperation and in future ‘fully operational Gwadar Port will take them to new heights’.“Bahria Foundation also runs a transshipment hub in Karachi and through our transshipment services, we can facilitate Qatar in its trade arrangements with China,” Anwar said while talking to The Peninsula during his visit to Qatar last week.
Saba’s latest bridal shoot for Indian magazine leaves fans dumbfounded
LAHORE, AUG 19 (DNA) – The latest bridal shoot of Pakistani stunning actress Saba Qamar for magazine ‘Vogue India’ has left her fans across the globe dumbfounded. Donning Zainab Chottani’s outfits, the Hindi Medium star looked elegant while her co-model Shehzad Noor also belongs to Pakistan. However, the shoot was covered by the famous fashion photographer Shahbaz Shazi. The photoshoot of Baaghi actress has stirred the social media with appreciation and applauses.
London acid attack: Assault victim Jameel Mukhtar says he’s ruined for life
LONDON, AUG 19 (DNA) – “I can’t be around anybody, I’m embarrassed to even talk to people,” says Jameel Mukhtar. “I don’t go outside anymore, I can’t even look at myself in the mirror.” It is almost two months since he was doused with acid through a car window as he waited at traffic lights with his cousin, Resham Khan, after celebrating her 21st birthday. Muktar remembers the liquid feeling cold, and then starting to burn, melting through his skin, clothes and shoes. Unable to see, he crashed the car and dragged Khan out of the passenger seat, stripping off her burning clothes and banging on the doors of nearby homes for water to wash off the burning liquid.
