Billions in olive oil exports at risk

EXPANDING PLANTATIONS: Official estimates indicate millions of olive trees have been planted under various public-sector initiatives, with thousands of acres now under cultivation. Pakistan’s olive-growing zone is estimated to extend across nearly 10 million acres. PHOTO:FILE  LAHORE: Pakistan’s fledgling olive oil industry is reaching a critical juncture where growers and processors believe future growth will…

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FIFA chief Gianni Infantino’s position looks unacceptable, head of European Leagues says

ZURICH: Gianni Infantino’s position as FIFA president looks untenable following his failed plan to sell a stake in the World Cup’s commercial rights, the head of Europe’s professional football ‌leagues said on Sunday. Claudius Schaefer, whose organisation represents 53 professional men’s and women’s football leagues, said there could be “only one consequence” for Infantino after his plan…

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IMF urges Rs430b provincial tax hike

Provinces will contribute the additional tax revenue in accordance with their respective shares under the NFC Award The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS LAHORE: The IMF has urged Pakistan’s provinces to impose additional taxes to increase their own-source revenues during the…

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Micro, small enterprises face survival threat

Entrepreneurs voice concern over migration of industrial units from Lahore due to lack of incentives LAHORE: A delegation of SME entrepreneurs from Lahore’s auto sector met with Small and Medium Enterprises Development Authority (Smeda) Director Mashood Khan to highlight the pressing challenges threatening the survival of micro and small enterprises in the industry. Entrepreneurs expressed…

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Sri Lanka women clinch T20I series against Pakistan

Sri Lanka women beat Pakistan women by six wickets in the second T20I at the Rangiri Dambulla International Stadium on Sunday. Photo: PCB Sri Lanka: Debutant Sanjana Kavindi and captain Chamari Athapaththu smashed rapid cameos to help Sri Lanka defeat Pakistan by six wickets in the second Twenty20 International on Sunday, sealing an unassailable 2-0…

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Bumrah ruled out of Sri Lanka Tests

Jasprit Bumrah hasn’t played since the second ODI in England on July 16. BCCI/FILE India fast bowler Jasprit Bumrah will miss the upcoming two-Test series in Sri Lanka after the BCCI medical team advised him to take more time to recover from a left knee issue, according to reports. Bumrah will not travel with the…

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US buys yen in a first over a decade

MEXICO CITY: The US Treasury bought yen on Friday to support the battered Japanese currency, the Financial Times reported, marking Washington’s first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows. The Federal Reserve Bank of New York sold euros for yen on behalf of the Treasury through Goldman…

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Two police personnel injured in IED blast near police vehicle in Peshawar

K-P governor strongly condemns blast, expresses wishes for speedy recovery of injured police personnel Peshawar police vehicle targeted in explosive attack. Photo: Express PESHAWAR: Two police personnel were injured in an improvised explosive device (IED) blast near a police mobile vehicle at Pir Zakori Bridge in Peshawar on Sunday, police said. According to police officials,…

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