Pakistan News

    Role Of Multinationals In Pakistan Sick

  • Switzerland to share tax information on multinationals

    ZURICH: Switzerland said on Wednesday it would start sharing information on the activities of multinationals in its territory with other countries in 2020, joining an international push to fight tax evasion...

    “Switzerland is thereby fully implementing one of the global minimum standards of the base erosion and profit shifting project, which aims to improve transparency with regard to the taxation of multinationals and to establish a...

  • EU shuts down Belgium tax breaks for multinationals

    BRUSSELS: The EU on Monday closed a major tax break that Belgium offered to dozens of multinationals, including beer giant AB InBev, and ordered the companies to return 700 million euros ($762m) in unpaid taxes...

    “Belgium has given a select number of multinationals substantial tax advantages that break EU state aid rules...

  • Multinationals hike drug prices by 15pc

    LAHORE: Six multinational pharmaceutical companies have increased the prices of medicines by 15 per cent without approval from the Drug Regulatory Authority of Pakistan (Drap), triggering a controversy over the drug pricing mechanism in the country...

    “Drap had no role in this move...

  • Obama orders govt contractors to offer paid sick leave to workers

    BOSTON: President Barack Obama on Monday ordered government contractors to offer their workers seven days of paid sick leave a year and, without naming them, knocked Republican presidential candidates for advocating what he said were anti-union policies...

    Obama signed an executive order on sick leave during a flight on Air Force One to Boston, where he spoke at a union event...

  • Sick PIA to get Rs13 billion bailout package

    Sources told Dawn that a meeting of the Economic Coordination Committee (ECC) of the cabinet being called this week will also approve special honoraria for officers working on Sustainable Development Goals (SDGs), besides allowing four-month salaries to employees of the fledgling Pakistan Steel Mills (PSM)...

    Pakistan International Airlines (PIA) is a chronic recipient of bailouts in the form of capital injections from the budget, or...

  • Taxing the sick at Taxila hospital

    TAXILA: Parking fee charged at the Tehsil Headquarters Hospital in Taxila has put an additional financial burden on patients and their families...

    This fee has been imposed in contradiction with the orders of the chief minister who abolished parking fee for patients at government hospitals across the province
  • Sick of congested roads, German man swims to work

    MUNICH: Fed-up with the grind of taking a bus or bike to work every day on congested streets in Munich, Benjamin David started swimming there instead...

    The burly beer garden worker now packs his laptop and clothes into a waterproof bag which he puts on his back, dons his wetsuit and slides into the River Isar for his journey
  • Alamgir: sick but vibrant

    IN the mid-70s the song Dekha na tha, kabhi hum ne ye saman became an all-time hit on the Pakistan Television...

    This song turned out to be a trend-setter for popularising the pop music in Pakistan...

  • NA committee calls for revival of sick textile units

    ISLAMABAD: The National Assembly’s Standing Committee on Finance on Wednesday supported the proposal by the textile sector to restructure bank loans of sick units to help their revival...

    Members of the textile sector informed the committee that the revival of sick units will earn $1 billion in foreign exchange and create five million jobs...

  • Rainwater makes Shangla villagers sick

    SHANGLA: The residents of Gumrash area of Chakesar tehsil say that they are vulnerable to water-borne diseases as they use rainwater from a pond for drinking purpose...

    “Provision of potable water to every denizen is responsibility of the government, but over 6,000 people of Gumrash and adjoining localities still consume water of an unhygienic pond,” they said
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