ISLAMABAD, JAN 27 (DNA) – The Pakistan Economy Watch (PEW) on Sunday said recently amended finance bill will reduce the cost of doing business which will reduce the price of many items.The move will support businesses and help exporters regain ground in the international market as the government has reduced and abolished several taxes to lift economic activities, it said.
Twin bombings at church kill at least 21 in southern Philippines
MANILA, JAN 27 (DNA) – Twin bombings during a church service in the southern Philippines killed at least 21 people and wounded 71, security officials said, days after a referendum on autonomy for the mainly Muslim region returned an overwhelming “yes” vote.The first explosion went off inside the cathedral in Jolo, on the island province of Sulu, and was followed by a second blast in the car park outside, killing military and civilians, officials said.
Future of Indo-Pak ties to be different from past, hopes Indian high commissioner
ISLAMABAD, JAN 27 (DNA) – Ajay Bisaria the High Commissioner of India has said as the New Year has already begun, we should hope that our future will be different from our past and expected peaceful and friendly relations between the India and Pakistan.He expressed these views on the occasion of Indian Republic Day function. A large number of notables hailing from all walks of life attended the reception.Sate Minister for Parliamentary Affairs Ali Mohammad Khan was the chief guest while heads and representatives of almost all political parties of Pakistan also attended the event.
Rescue mission launched for seven people missing in Upper Kohistan mountains
LAHORE, (DNA) – Khyber Pakhtunkhwa (KP) provincial government authorities have initiated a search and rescue operation on Sunday, for at least seven people missing in the Upper Kohistan mountains after heavy snowfall in the region.According to details, at least seven people had reportedly gone in search of precious gemstones in Spat Malli area in Upper Kohistan. The treasure hunters lost contact with their families after heavy snowfall covered the region and blocked routes leading to the mountains.Deputy Commissioner Hamid ur Rehman has said that the rescue operation has been launched after families have approached the district administration for the rescue operation. The families of the lost treasure hunters had not heard from them for more than a week, sparking fears that they may be trapped or dying.
Eight dead after Houthi militias shell a camp in Yemen
The Houthi militias shelled a camp for displaced persons in Haradh in Yemen’s Hajjah province on Saturday, killing seven people and wounding 30 others.The correspondent said that the wounded included women and children, and that the camp is located about 15 kilometers from areas where clashes occur.He also pointed out that the shelling was carried out by guided missile.
Malaysia scraps multi-billion dollar China-backed project
KUALA LUMPUR, JAN 26 (DNA) – A multi-billion dollar China-backed rail project in Malaysia has been scrapped, government officials said Saturday, adding that the cost of building it was too high.Malaysia has in recent months suspended several major projects signed under the country´s previous scandal-plagued regime, in a bid to cut the country´s massive one trillion ringgit ($251 billion) debt.
Armed forces day of Thailand celebrated
ISLAMABAD, JAN 26 (DNA) – The Defence and Military Attache of Embassy of Thailand hosted a grand reception to mark the armed forces day of Thailand.Air Marshal Shahid Akhtar Aliv Deputy Chief of the Air Staff was the chief guest.Satja Raktiprakorn the defence attaché of Thailand in his speech welcomed the guests and said both Thailand and Pakistan enjoy excellent relationHe added Pakistan’s armed forces are the most professional forces in the world and we have a lot to learn from them.He hoped defence cooperation between the two countries will grow even in the prospect.(DNA)
KSE-100 index settled at 40,254 points with a rise of 958 points within one week
KARACHI , JAN 26 (DNA) – The federal government’s relief package for the stock market in the ‘Mini-budget’ on January 23 has brought positive impact as the KSE-100 index settled at 40,254 points with a rise of 958 points within one week.
Kashmiris observe Indian Republic Day as Black Day
SRINAGAR, JAN 26 (DNA) – Kashmiris on both sides of the Line of Control and across the world are observing Indian Republic Day as Black Day today (Saturday) in protest against India’s continued denial of Kashmiris’ right to self-determination.
Indonesia, Pakistan ties poised for a quantum leap: Deny Basuki
ISLAMABAD, JAN 26 (DNA) – Deny Tri Basuki Counsellor and head of cultural section Embassy of Republic of Indonesia has said Indonesia and Pakistan share strong socio-cultural and religious bonds rooted in the history.Pakistan and Indonesia stand proudly together as two of the largest Muslim populated countries and emerging economies of creative and talented people.
