US firms back 80/20 EPZ rule

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS ISLAMABAD: The International Monetary Fund’s (IMF) condition to halt the sale of 20% of production by factories running in the Export Processing Zones (EPZs) in the local market may adversely impact the global textile circular…

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Gallants clinch maiden LPL title

Galle Gallants produced a disciplined bowling performance before completing a composed chase to beat Jaffna Kings by five wickets and claim their maiden Lanka Premier League (LPL) title at the R Premadasa Stadium. The low-scoring final saw Gallants dismiss Jaffna for 123 before reaching their target with 25 balls to spare. Charith Asalanka and Eshan Malinga were the architects of the victory,…

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Pak-Germany trade gap under focus

LCCI delegation seeks joint ventures, investment from European industrial powerhouse LAHORE: A Lahore Chamber of Commerce and Industry delegation has visited Germany to explore new avenues for trade and investment, with the LCCI president stressing that the existing trade volume between the two countries does not reflect the true potential of the relationship. The delegation,…

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Defence accord draws cross-party praise

ISLAMABAD: The political leadership on Saturday rallied behind the Makkah Joint Defence Agreement as they welcomed the trilateral pact and urged other Islamic states to join the emerging framework. The endorsement came as PPP Chairman Bilawal Bhutto Zardari hailed the accord as a milestone in Pakistan’s history, while Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman…

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Halt to cargo supplies to paralyse factories

Trucks carrying aid line up near the Rafah border crossing between Egypt and the Gaza Strip, amid the ongoing conflict between Israel and Hamas, in Rafah, Egypt on July 28, 2025. — Reuters KARACHI: A nationwide strike by goods’ transporters has raised alarm over a potential hit to industrial activity as business leaders warn that…

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PHF launches women’s hockey revival plan

Pakistan Hockey Federation (PHF) has announced a comprehensive national development programme aimed at reviving women’s hockey in the country and bringing it in line with international standards. The first phase of the “National Women’s Hockey High Performance and Coaching Development Programme” will begin with a 10-day training camp in Islamabad from October 7. The camp…

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Spain checks 200 Italy arrivals in border controls after migration row

Spanish national police officers check the documents of travellers arriving from Italy, after Spain’s government said it would establish border controls for flights and ships from Italy until September 7, in a dispute over irregular migration, at Madrid-Barajas Airport in Madrid, Spain, August 8, 2026. PHOTO: REUTERS Spain checked around 200 travellers arriving from Italy at the country’s six largest…

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