Category: Recent Post

The world-famous Hagia Sophia museum in Istanbul – originally founded as a cathedral – has been turned back into a mosque. Turkey’s President Recep Tayyip Erdogan announced the decision after a court annulled the site’s museum status. Built 1,500 years ago as an Orthodox Christian cathedral, Hagia Sophia was converted into a mosque after the Ottoman conquest in 1453. In 1934 it became a museum and is now a Unesco World Heritage site. Islamists in Turkey long called for it to be converted to a mosque but secular opposition members…

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DUBAI: Malaysia recorded 4,233,425 tourist arrivals for the first quarter of 2020. This marks a decrease of 36.8% compared to the same period in 2019. The tourist expenditure for the first quarter recorded a total of RM12.5 billion, a decrease of 41.5% compared to RM21.4 billion registered for the same period in 2019. Per capita expenditure also showed a decline of 7.4% from RM3,201.8 in 2019 to RM2,964.5 this year. The average length of stay (ALOS) in Malaysia saw a decrease of 1.9 nights from 6.0 nights in 2019 to 4.1 nights. From January to March 2020, Malaysia received less tourists each…

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All the tax collection agencies in Pakistan should be dismantled and merged into National Tax Agency (NTA) which alone can effectively enforce tax laws both at federal and provincial levels. NTA, a competent and effective body, set up on modern lines, should have representations of all constituents of the federation of Pakistan. NTA having national-wide data at one place and centralised processing will certainly be able to compel all taxable persons to file tax returns and pay due taxes under various tax codes. NTA must replace Federal Board of Revenue…

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ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has reportedly charge sheeted NTDC and CPPA-G for inflicting billions of rupees financial loss to electricity consumers and national exchequer by violating merit order and plant under-utilization, well informed sources told Business Recorder. This was revealed in an analysis conducted by the regulator of generation of power plants on the basis of data provided by National Power Control Centre (NPCC) in its daily log report as well as information provided by Central Power Purchasing Agency Guarantee Limited (CPP A-G) through its monthly energy…

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Energy Transfer is not emptying or shutting down the Dakota Access Pipeline and is using all legal ways to fight the court order from Monday that would shut down the oil pipeline by August 5. On Monday, a federal judge ruled that the Dakota Access Pipeline (DAPL), in operation since 2017, must be emptied and shut down within 30 days, by August 5, until a new comprehensive environmental review is completed. The United States District Court for the District of Columbia said that the Army Corps of Engineers had violated…

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