Pakistan News

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  • Some medical tests recommended for Nawaz Sharif not available in Pakistan: Dr Ayaz

    Services Institute of Medical Sciences (SIMS) Principal Dr Mahmood Ayaz on Tuesday said that there are certain medical tests — including a genetic test — which have been recommended for the former prime minister Nawaz Sharif and which are not available in Pakistan...

    The medical board recommended that a genetic test be carried out after it was observed that Sharif's platelet levels could not be raised to normal levels...

  • Apple unveils iPhone X in major product launch

    CUPERTINO: Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone...

    “It’s great to have a product but we’d have liked it sooner rather than later, more like the beginning of October or mid-October,” said Kim Forrest, senior equity research analyst at Fort Pitt...

  • LNG defined as petroleum product

    ISLAMABAD: The government on Thursday defined liquefied natural gas (LNG) as petroleum product, instead of natural gas, just to bypass the legal requirement of public hearing by the regulator for its pricing...

    “According to the new arrangement RLNG will be treated as a petroleum product and its pricing can be carried out in line with the prevailing practice for petrol/diesel pricing on monthly basis,” said an official statement on...

  • SECP approves micro-insurance product for low-income group

    ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved a new micro-insurance product aimed at providing hospitalisation coverage to low-income clients of a microfinance institution...

    The approval of the product — named ‘First Sehat Tahaffuz Plan’ — under the SECP Micro-insurance Rules 2014 was in line with the objectives of the National Financial Inclusion Strategy (NFIS) recently adopted by the federal...

  • No change in petroleum product prices for June

    “In line with Prime Minister Nawaz Sharif’s policy of providing maximum relief to the people, it has been decided that prices of petroleum products will not be increased on June 1,” Mr Dar said...

    In particular, Mr Dar said, the federal government’s decision not to increase the price of high speed diesel (HSD), which was proposed to be enhanced by Rs6...

  • Work on Gwadar product display centre to begin in January

    He said that the federal government had awarded a contract to the Chinese Overseas Ports Holding Company (COPHC) to develop and operate the port, bring in business and establish Pakistan’s first free economic zone...

    He said the free economic zone would be spread over 924 hectares (2,281 acres) near an additional 60-acre tract adjacent to the Gwadar Port Terminal where the COPHC would construct a world-class product display centre... ...

  • Move to diversify savings product base

    “In case we get the government’s nod to launch retail Ijarah Sukuk, we’ll have room for restructuring other national Savings products, particularly those in which fresh investment is not coming in a big way,” an official of CDNS told this writer from Islamabad on phone...

    As the combined efforts of the fiscal and monetary authorities are focused on documenting the economy, central bankers say diversifying the product base of national...

  • Major international product recall of Lactalis baby milk over salmonella fears

    French baby-milk maker Lactalis and health authorities have ordered a major international product recall because of fears of salmonella contamination following 26 cases of children falling sick in France...

    The recall will affect consumers in countries as diverse as Pakistan, Bangladesh, China, Britain and Sudan, underlining the reach of the company and the difficulty in trying to trace all the potentially at-risk powder...

  • Commissioner told to notify dairy product prices within 10 days

    Directing the Karachi commissioner to issue a fresh notification of dairy product prices within 10 days, the court put off the hearing to a date to be later pronounced by the court’s office...

    Earlier, the petitioner had informed the court that authorities concerned were unable to ensure selling of milk at the administration’s fixed prices, adding that dairy products were not being sold under the Price Control and Prevention of...

  • Online retailer slapped Rs50,000 fine for faulty product

    KARACHI: A consumer court on Satur­day imposed fines on a leading online retailer for providing a faulty product to a customer...

    The court also asked the online retailer to replace the product in question with a good and useful one or alternatively return the amount (Rs7,795) paid against the purchase of the produce by the claimant and improve its services with regard to reasonable standards as per expectation of consumers...

  • Online bakra mandis: Available but not popular

    With Eidul Azha around the corner, several billboards have popped up all over Karachi introducing online bakra mandis (cattle markets); however, website owners claim that they have not attracted a lot of customers as yet...

    com provide sale and delivery services to citizens; however, online traders claim that they have not had the sort of response they expected...

  • Netflix to block proxy access to content not available locally

    Video-streaming service provider Netflix Inc said subscribers will, in a few weeks, no longer be able to use proxies to watch content not available in their home country...

    Subscribers often resort to proxies, or servers that facilitate access to content that is not locally available, to access Netflix's popular shows such as "House of cards" and "Orange is the new black"...

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