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Shein’s Lackluster Debut Shows a Fast-Fashion Model Left Behind

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Squeezed by new trade rules, shrinking market share and labor concerns, Shein’s share decline in Hong Kong on Tuesday is a sign investors have moved on.

Kundi assures support to promote domestic cricket system in KP

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Peshawar  –  Governor Khyber Pakhtunkhwa Faisal Karim Kundi on Monday said that all possible support would be extended for promotion of cricket, encouragement of talented players and strengthening the domestic cricket system in the province.

“Governor House doors are open for the promotion of domestic cricket,” he said while chairing a meeting on domestic cricket in Khyber Pakhtunkhwa at Governor House, Peshawar.

Senior General Manager Domestic Cricket Operations, Pakistan Cricket Board (PCB), Usama Sharoon Niazi, briefed the Governor about domestic cricket tournaments, structure and schedule. He said that Pakistan had 16 domestic cricket regions, including Peshawar, FATA and Abbottabad in Khyber Pakhtunkhwa. Departmental cricket tournaments comprised eight teams.

Niazi said the 2018 policy had adversely affected domestic cricket, adding that a new policy was now being implemented to promote the domestic structure and improve opportunities for players. He said the reforms introduced by PCB Chairman Mohsin Naqvi were benefiting domestic cricket and players. He stressed the need for the Governor’s patronage and encouragement for promotion of domestic cricket in Khyber Pakhtunkhwa.

Governor Kundi said construction of quality cricket stadiums and provision of better facilities, including accommodation for players, were essential for promoting the sport in the province. He urged the PCB to extend cooperation in this regard. He proposed that two grounds in Dera Ismail Khan be utilized for domestic cricket and said government departments and institutions in Khyber Pakhtunkhwa should also have their own domestic cricket teams.

The Governor directed that better facilities be ensured for players in all cricket regions and stressed the need for international-standard cricket stadiums in areas of KP other than Peshawar. He said the provincial government and all relevant institutions would work together for the promotion of cricket and continue extending maximum support to provide young players opportunities to advance their careers.

Regarding the School Cricket Talent Hunt Programme, Niazi said 450 schools across the country had participated in the previous phase, while PCB Chairman Mohsin Naqvi had expanded the programme threefold. More than 1,200 schools from across Pakistan were expected to participate in the upcoming phase, he added.

He appealed to public and private schools to participate actively in the programme, saying it would play an important role in promoting cricket, identifying talented players and providing them training across the country, including Khyber Pakhtunkhwa. He also urged school administrations to extend full cooperation to PCB regional coaches.

Peshawar-Lahore Adda transporters assured to resolve issues

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Peshawar  –  A meeting to resolve issues faced by transporters operating from Peshawar-Lahore Adda was held at the office of Special Assistant to the Chief Minister Khyber Pakhtunkhwa on Transport and Mass Transit, Samiullah Khan, on Monday.

The meeting was attended by relevant officials of the Transport Department, along with office-bearers and representatives of the Lahore Adda Transporters Union. During the meeting, the transporters apprised the Special Assistant of their concerns regarding fares, scheduled rates and other issues faced by operators associated with the transport sector.

Samiullah Khan listened to the transporters’ concerns in detail and assured them that the provincial government would take necessary steps, within the legal framework, to resolve their legitimate issues, including reviewing the scheduled rates.

He said public transporters were playing a vital role in providing travel facilities to citizens. The government’s priority was to make the transport sector more efficient, organized and effective so that people could access safe, convenient and quality transportation services.

Samiullah Khan said that no unlawful additional taxes would be imposed on transporters and that no individual or authority would be allowed to misuse their powers or act arbitrarily in this regard.

Following the assurance given by the Special Assistant, Peshawar-Lahore Adda transporters announced the immediate resumption of vehicle operations on different routes from the terminal.

On the occasion, the Special Assistant said the Khyber Pakhtunkhwa government would continue taking all possible measures to provide better transport facilities to the public and ensure that citizens did not face any inconvenience during their journeys.

The Ritual of Coffin Making in a City Hit by Ebola

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While several coffin makers in Bunia said they were providing a public service, the virus has put them at the center of a debate around safe burials.

How the Pentagon Is Getting Into the Venezuelan Oil Business Under Trump

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The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.

OICCI pushes Pakistan to strengthen climate resilience

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KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed deep sorrow over the devastating flash floods in Nepal, saying the tragedy should serve as a stark reminder for Pakistan to accelerate investment in climate resilience, early-warning systems and disaster preparedness.

OICCI extended its heartfelt sympathies to the people of Nepal following the floods that have claimed hundreds of lives and left thousands missing, affecting families and communities across the country.

“Behind these numbers are families waiting for loved ones, communities searching for survivors and lives changed in a matter of hours. Our thoughts are with everyone affected by this heartbreaking tragedy,” OICCI said in a statement.

READ MORE: Climate-related damages: Pakistan loses nearly 1pc of GDP annually: OICCI moot

The Chamber said the scale and suddenness of the disaster would resonate strongly in Pakistan, where communities have repeatedly experienced severe floods, displacement, destruction of homes and loss of livelihoods.

“For Pakistan, there is an important message in Nepal’s tragedy: we cannot wait for disasters to happen before preparing for them,” OICCI said.

Pakistan remains among the countries highly exposed to climate-related risks. The country recorded its second-warmest year in 65 years in 2025, immediately following its warmest year on record in 2024. Rising temperatures, accelerating glacial melt and changing rainfall patterns are increasing risks to communities, infrastructure, agriculture and the wider economy.

The economic consequences are equally significant. Federal Minister for Climate Change and Environmental Coordination Musadik Masood Malik, speaking at OICCI’s Pakistan Climate Conference earlier this year, highlighted that Pakistan loses around one percent of its GDP annually because of climate-related impacts.

OICCI said recent efforts by Pakistani authorities to strengthen predictive early-warning systems for glacial lake outburst floods, flash floods, urban flooding and heatwaves are therefore increasingly important.

The Chamber stressed that Pakistan must move beyond systems that merely warn people once a disaster is approaching and towards a more comprehensive model capable of anticipating risks, identifying vulnerable areas and enabling authorities and communities to act before a crisis develops.

Greater investment in climate-resilient infrastructure, predictive technology, disaster-response capacity and community preparedness will be critical as extreme weather events become more frequent and intense, it added.

“Ultimately, climate resilience is about people — a family receiving a warning in time, a community protected from the worst of a flood, and livelihoods that are strong enough to withstand the next climate shock,” OICCI said.

Copyright Business Recorder, 2026

Cubism Exhibition at Centre Pompidou Hanwha in Seoul

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In a partnership with the Pompidou Center in Paris, a new institution showcases modern art from Europe and Asia.

IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds

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The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.

‘We Are Shattered’: Survivors Recall Chaos as Ferry Sank Near Cyprus

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The vessel capsized in rough seas, leaving its passengers struggling to escape. Eight were killed and 20 are still missing.

Israel and Greece Reach $3.5 Billion Defense Deal

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Despite the growing diplomatic isolation of the government, the agreement makes clear that the Israeli defense industry is still finding considerable demand abroad.

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