Samsung tightens its belt amid crisis winds – World
SEOUL: Samsung Electronics, a leading tech giant in smartphones and semiconductors, is seen implementing austerity measures, reducing headcounts and downsizing celebratory events as it falls behind global peers in its core product markets. Last week, Bloomberg reported Samsung Electronics is expected to lay off about 10pc of its total overseas staff of 147,000, with the […]
The illusion of success through education – Business
— Fatima S Attarwala We all grew up knowing that education is the key to success, to employment, to growth, to wealth and to be a ‘somebody’ in life. That’s why at preschool level parents are willing to spend thousands for entrance prep for a prestigious school like Karachi Grammar School. The sessions not only […]
Convoluted intrigues of venture capital funding – Business
In the world of startups, attention spans are usually short-lived, just like the apps they build out. One day, you’d be a star, getting media attention left right and centre, speaking at conferences and being named in the Forbes 30 under 30. The following month, you could be facing legal proceedings on charges of fraud. […]
Roadmap to gender parity – Business
Women in Pakistan were supposed to comprise 45 per cent of the workforce by 2025, as per the country’s development roadmap, Pakistan Vision 2025. However, as the deadline approaches, we have achieved not only less than half the target but are well below the global average. Of the women who work, the National Commission on […]
Cataloguing the real estate sector – Business
Despite the tough economic conditions prevailing in the country, realtors and development agencies are busy marketing their schemes. It is believed that real estate still dominates in attracting investments from large-scale investors as well as ordinary individuals with some savings. High risk in other sectors such as trading or manufacturing, absence of advice and information […]
Israel inflicts ‘worst night yet’ on Beirut – World
FLAMES rise from an area targeted by an Israeli airstrike in Beirut’s southern suburbs, on Sunday.—AFP BEIRUT: Israeli air attacks battered the Lebanese capital’s southern suburbs overnight and early on Sunday, in the most intense bombardment since Israel sharply escalated its campaign against Hezbollah last month. During the night, the blasts sent booms across the […]
Balochistan joins Sindh, seeks more water from Punjab – Pakistan
ISLAMABAD: In a major policy change, Balochistan has joined Sindh — instead of opposing it — to push for greater water share from Punjab through implementation of a provincial water distribution mechanism held in abeyance for more than two decades. At a meeting of the Indus River System Authority (Irsa) Advisory Committee (IAC) last week, […]
1 killed, 11 others injured in explosion near Karachi airport – Pakistan
At least seven people were injured when an explosion occurred near Karachi airport on Sunday night, police confirmed, with sounds of the blast heard in various areas. Television footage showed smoke rising from the area near the airport, with a blazing fire visible on the road. Police surgeon Dr. Summaiya Syed told Dawn.com that, “Seven […]
At least 7 injured in explosion near Karachi airport; nature yet to be ascertained – Pakistan
At least seven people were injured when an explosion occurred near Karachi airport on Sunday night, police confirmed, with sounds of the blast heard in various areas. Television footage showed smoke rising from the area near the airport, with a blazing fire visible on the road. Police surgeon Dr. Summaiya Syed told Dawn.com that, “Seven […]
At least 4 injured in explosion near Karachi airport; nature yet to be ascertained – Pakistan
At least four people were injured when an explosion occurred near Karachi airport on Sunday night, police confirmed, with sounds of the blast heard in various areas. Television footage showed smoke rising from the area near the airport, with a blazing fire visible on the road. “Four injured persons, including one in critical condition, have […]