Tag: Impact
Budget to have ‘limited impact’ on cement industry
The year has proved to be a problematic one for local cement manufacturers. In addition to the catastrophe brought by the floods, the government’s...
Tradition in Pakistani context and its impact on art discussed
The Poppy Seed Gallery and Baytunur, in collaboration with the Indus Valley School of Art and Architecture (IVSAA) and Iqbal Academy Pakistan (IAP), recently...
Economic impact of Japan disaster ‘worse than thought’
TOKYO - The economic impact of the earthquake and tsunami that devastated Japan is worse than previously thought, a Japanese minister was quoted as saying Tuesday.
Economy and fiscal policy minister Kaoru Yosano said the ripples of the disaster that struck the country last month would be felt widely.
"The blow to the economy is bigger than initially thought," Yosano said, the Nikkei business daily reported.
The damage "is wide-ranging. (The tsunami) hit the region that
Economy and fiscal policy minister Kaoru Yosano said the ripples of the disaster that struck the country last month would be felt widely.
"The blow to the economy is bigger than initially thought," Yosano said, the Nikkei business daily reported.
The damage "is wide-ranging. (The tsunami) hit the region that
World’s highest hotel opens in Hong Kong
HONG KONG - The world's highest hotel opened its doors in Hong Kong on Tuesday, housed in the city's tallest skyscraper and offering unrivalled panoramic views of the world famous Victoria Harbour.
Towering some 490 metres (1,600 feet) above the bustling, chaotic streets of the Southern Chinese city, the Ritz-Carlton Hotel is making a grand comeback after temporarily closing in 2008.
Visitors peered out of the floor-to-ceiling windows of the 118th floor of the International
Towering some 490 metres (1,600 feet) above the bustling, chaotic streets of the Southern Chinese city, the Ritz-Carlton Hotel is making a grand comeback after temporarily closing in 2008.
Visitors peered out of the floor-to-ceiling windows of the 118th floor of the International
Banks warn of oil shortage, growth impact
LONDON - Major banks warned on Thursday an output loss from another oil producer after Libya would lead to global shortages and demand rationing and said OPEC needs to act quickly as the oil rally could derail economic recovery.
Goldman Sachs issued a note saying the world would not be able to cope with another Libya-style oil production outage as Brent oil prices rallied by over $8.50 a barrel to near $120 a barrel. Italian oil firm ENI, a key Libyan oil player, said the OPEC
Goldman Sachs issued a note saying the world would not be able to cope with another Libya-style oil production outage as Brent oil prices rallied by over $8.50 a barrel to near $120 a barrel. Italian oil firm ENI, a key Libyan oil player, said the OPEC
Impact of new trade rules under the scope
KARACHI - The International Multimodal Transport Association (IMMTA) is going to hold a conference on "The Impact of the Rotterdam Rules on International Trade of Pakistan" on March 29, 2011.
The new UN Convention on Contracts for the International Carriage of Goods Wholly or Partly be Sea, known as the 'Rotterdam Rules' which had been prepared under the auspices of United Nations Commission on International Trade Law (UNCITRAL), after several years of deliberations, was adopted
The new UN Convention on Contracts for the International Carriage of Goods Wholly or Partly be Sea, known as the 'Rotterdam Rules' which had been prepared under the auspices of United Nations Commission on International Trade Law (UNCITRAL), after several years of deliberations, was adopted
Ferrari launch first in bid to make quick impact
MARANELLO - Ferrari unveiled their new F150 car for the Formula One season on Friday, promising Fernando Alonso he now has the means to recapture the world title after last year's slow start and calamitous finish.
The Italian glamour team and oldest in the sport could not keep pace with eventual champions Red Bull in the early 2010 races but are confident they can make an immediate impression at the first 2011 grand prix in Bahrain on March 13. "We start off with reliability,
The Italian glamour team and oldest in the sport could not keep pace with eventual champions Red Bull in the early 2010 races but are confident they can make an immediate impression at the first 2011 grand prix in Bahrain on March 13. "We start off with reliability,
Impact of the IMF extension on the economy
KARACHI - The International Monetary Fund (IMF) on Monday approved a nine-month extension of Pakistan's $11 billion loan, which was scheduled to end this year.
The standby loan programme had two tranches remaining, but will now run through Sept. 30, 2011, with the two tranches broken up and spread out over that time.
Here are some questions and answers on the nine-month extension.
The government initially requested a nine-month extension to have time to finish
The standby loan programme had two tranches remaining, but will now run through Sept. 30, 2011, with the two tranches broken up and spread out over that time.
Here are some questions and answers on the nine-month extension.
The government initially requested a nine-month extension to have time to finish
