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KARACHI: A meeting regarding live stock, dairy and fisheries farming was held under the joint chairmanship of Provincial Minister for Livestock and Fisheries Muhammad Ali Malkani and Special Assistant to the Chief Minister Sindh on Investment and Public-Private Partnership Syed Qasim Naveed Qamar. There are vast opportunities for large-scale farming of livestock, dairy and fisheries in Sindh for commercial purposes. The meeting reviewed the possibilities for dairy, poultry and fish farming projects under public-private partnership (PPP) in Sindh province. The meeting reviewed the opportunities for large-scale farming of cows , buffaloes, goats , and chickens for commercial purposes and consumption…

ISLAMABAD: The Federal Board of Revenue’s (FBR) enforcement of retailers resulted in installation of point of sales (POS) system at 40,000 retail outlets, covering 38 percent of Tier-1 (big) retailers in 2024-25. According to a FBR report issued on Thursday, the enforcement on retail deepened, with POS reaching more than 40,000 installations. Expedited dispute resolution realized Rs. 255 billion from legal settlements. Targeted nudges sent to taxpayers increased admitted tax liability to Rs. 218 billion in 2024-25 from Rs. 160 billion in FY2023-24 (Rs. 58 billion increase). The FBR tax to GDP Ratio increased from 8.8 percent in 2023-24 to…

ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh held separate meetings with the ambassadors of Vietnam and Iran in Islamabad to discuss avenues for promoting bilateral investment and economic cooperation. During the meeting with the Ambassador of Vietnam, the Federal Minister emphasized that Pakistan can learn from Vietnam’s successful economic transformation, which has been driven by sustained foreign investment and export-led growth. He noted that Vietnam’s progress in manufacturing and value-added exports, including technology-based products such as Samsung, is a model worth studying. The Vietnamese Ambassador highlighted that Vietnam can explore Pakistani markets for the import of its raw materials.…

KARACHI: Engro Holdings Limited (ENGROH) announced its financial results for the nine months ended September 30, 2025, posting a consolidated profit attributable to equity holders of Rs42 billion, translating into earnings per share (EPS) of Rs34.9, a 6.6-fold increase year-on-year. The sharp rise includes a one-off adjustment related to the company’s thermal power asset. Excluding this adjustment, the profit attributable to owners would have amounted to Rs15.2 billion (EPS: Rs12.6). For the third quarter of 2025, Engro Holdings reported a profit of Rs6.4 billion (EPS: Rs5.4), which came in below analyst expectations due to higher-than-anticipated finance costs and a significant…

HYDERABAD: A one-day training and awareness session on “Sales & Marketing Strategies (Leather & Footwear Sector)” was jointly organised by the Small and Medium Enterprises Development Authority (SMEDA) and the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) at the Chamber Secretariat. The session drew participation from dozens of industrialists, traders, and young entrepreneurs belonging to Hyderabad’s leather and footwear industry. The session’s Master Trainer, Zafar Ahmed Siddiqui (SMEDA), delivered a comprehensive presentation focusing on modern sales and marketing strategies tailored for the leather and footwear sector. He highlighted crucial aspects such as comparative analysis of global and Asian…

Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock really got going after the company’s strong forecast for the holiday quarter. Revenue in Apple’s fiscal 2025 fourth quarter, which ended Sept. 27, rose 8% year over year to $102.47 billion, outpacing the $102.26 billion consensus estimate compiled by LSEG. Earnings per share of $1.85 increased 91% (or 13% when excluding a one-time charge in the year-ago period), exceeding the $1.77 consensus estimate, according to LSEG. AAPL YTD mountain Apple YTD Shares of Apple jumped as…

Brunei has officially adopted China’s civil aviation certification standards, easing access for Chinese-built aircraft such as the narrowbody C919 jet into the wealthy Southeast Asian market while serving as a potential model for how the planes could expand their international reach.Brunei accepted the airworthiness code of the Civil Aviation Administration of China earlier this month, the Chinese embassy in Brunei said on Monday on its website, citing the equatorial country’s Department of Civil Aviation.Previously, Brunei had recognised only aircraft certificates issued by the European Aviation Safety Agency, the US Federal Aviation Administration and Transport Canada Civil Aviation, the embassy said.“Through…

The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his sale of a Peak mansion in the city’s most expensive property transaction this year.Winnie Law Wing-yin acquired a 4,710 sq ft (438 square metres) flat in tower two, phase one of The Legacy for HK$355 million (US$45.7 million), according to Land Registry records. The transaction was completed on Tuesday.The luxury project at 8 Castle Road was jointly developed by Henderson Land Development and New World Development and opened for sales in September.It features 172 flats, including a three-storey penthouse spanning…

No one is bigger than the monarchy. Not even the king’s brother.In the end, that reality spelled the end of Prince Andrew’s life as a prince of the realm.As details of Andrew’s links to the sex offender Jeffrey Epstein continued to dribble out and Parliament raised questions about his rent-free residence at a sprawling country house near Windsor Castle, King Charles III moved Thursday to shield the monarchy from any further revelations.In a statement issued by Buckingham Palace, the king said he had taken steps to strip his brother of all his titles and honors, including the one he has…

A near-incursion of Russian fighter jets into Japanese airspace last week was a bid by Moscow to intimidate Tokyo amid strengthening ties with Washington, observers warned.And unless there was a breakthrough in US-Russia relations, it was unlikely that ties between Moscow and Tokyo would thaw even under new Japanese Prime Minister Sanae Takaichi, they said.Japan said it scrambled jets last Friday to monitor Russian warplanes, including strategic bombers capable of carrying nuclear weapons, which had flown along the edge of Japanese airspace up its coast.Russia’s Defence Ministry, in a statement reported by state-owned RIA news agency, confirmed its Tu-95 bombers…