Tag: incurs

Environment incurs Rs74b annual loss

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STAFF REPORT PSH: A recently held seminar was told that the environmental degradation was costing around Rs74.2 billion annual loss to the Pak economy. The seminar titled "Poverty and Nature" was organised by the Institute of Management Sciences Peshawar. In his remarks, Babar Khan, consultant to the WWF, said that the environmental protection and conservation of nature is critical for sustainable development. He said that the deprived and marginalised section of the…Read More

Cell services blockage on Eid incurs Rs 2.6b loss to cellcos

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article image STAFF REPORT IBD: The cellular service operators faced approximately Rs 2.6 billion financial loss mainly due to the blockage of phone-related services to their customers during Eid days.It is to be mentioned here that all the five mobile phone companies, on the government’s directives, had blocked their phone-related services on Chand Raat and Eid day had blocked particularly in Karachi, Lahore, Multan and Quetta.As the population of Karachi, Lahore, Quetta and Multan is around 32 million,…Read More