Archive for April 2018

First Pakistan Table Tennis Super League from April 12

F.P. Report MULTAN: The selection of players will be conducted on April 3 for first Pakistan Table Tennis Super League being organized by Pakistan Table Tennis Federation (PTTF) from April 12 in Islamabad. President Table Tennis Federation (PTTF) Khawaja Hassan Wadood told APP here on Saturday that players selection would be made during the presence…

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2024 Paris Olympics at risk of running €500m over budget

Monitoring Desk Paris:The cost of hosting the 2024 Olympics in Paris is at risk of running half a billion euros over budget and some sites may not be ready in time if plans are not revised, a French government report warned on Friday. The report by finance, sports and infrastructure inspectors called for Olympic village…

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Lukaku scores 100th goal in win against Swansea

MANCHESTER (BBC): Romelu Lukaku scored his 100th Premier League goal as Manchester United strengthened their grip on second place and dented Swansea’s survival hopes. Lukaku gave United an early lead when he collected Alexis Sanchez’s pass to fire in with the aid of a deflection. Sanchez’s crisp strike soon doubled the advantage – only his…

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Snapchat cuts 7% of its workforce

NEW YORK (Reuters): Snap Inc (SNAP.N) on Friday said it cut 7 percent of its global workforce in March, as disclosed by it in a regulatory filing here. The social media company said it would incur about $10 million of cash expenditure due to severance costs to be reflected in the current quarter ending March…

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CPEC to spur insurance industry growth: Mamnoon Hussain

F.P. Report KARACHI: President Mamnoon Hussain Saturday said the insurance industry in the country would get significance in the near future after development of industries and generation of business activities as result of China Pakistan Economic Corridor (CPEC). The president opined that fruits of CEPC could be reaped through effective team work. He was addressing…

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FPCCI urges govt to reduce penalty

F.P. Report KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) in one of its Pre-Budget proposals being prepared under the guidance of its Senior Vice President, Syed Mazhar Ali Nasir has urged the government to reduce the penalty for failure to furnish statements U/S 115; 165; 165A or 165B of the Income Tax…

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ICCI for construction of water reservoirs to achieve sustainable economic growth

F.P. Report ISLAMABAD: President Islamabad Chamber of Commerce & Industry (ICCI) Sheikh Amir Waheed has called upon the government to focus on urgent construction of water reservoirs in the country to ensure achieving sustainable economic growth. In a statement issued here on Saturday, Sheikh Amir Waheed said that being an agriculture economy, Pakistan was heavily…

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Islamic Development Bank gears up for Tunisia summit

ANKARA (AA): Business leaders from Muslim nations will gather in the Tunisian capital on Sunday to review last year’s performance by the Islamic Development Bank (IDB), and discuss and approve its development agenda for the year ahead. Representatives of 57 member states, senior government officials and ministers of finance, economy, planning and international development will…

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