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Showing posts with the label Economy

PILDAT says Feb 8 polls record lowest fairness score since 2013

  The Pakistan Institute of Legislative Development and Transparency (PILDAT) has issued a report detailing its assessment of the recently-concluded general election, expressing deep concerns over a decline in fairness scores compared to previous election cycles.
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PayPal, Stripe is coming in Pakistan

  ISLAMABAD: Caretaker IT Minister Dr Umar Saif has confirmed the federal government’s plan to bring PayPal, Stripe to Pakistan besides establishing co-working spaces for freelancers.
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PKR sees massive recovery of over Rs10 in interbank

  The rupee made a strong recovery in the interbank market on Wednesday, rising by more than Rs10 against the dollar. 
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Miftah sees pressure on rupee easing in next 2 weeks

Finance Minister Miftah Ismail on Sunday voiced optimism that the pressure on the rupee, which has seen a sharp drop against the dollar in recent weeks, would ease within the next two weeks. 
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19 more perish, hundreds stranded in rain-hit Balochistan and KP as more rains predicted across the counrtry

  Heavy rains and floods have unleashed devastation in Balochistan and Khyber Pakhtunkhwa, leaving 19 more dead and hundreds of others stranded in both provinces, disaster management authorities said. 
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Bill Gates to Visit Pakistan

  ISLAMABAD: Microsoft co-founder William Henry Gates, better known as Bill Gates has arrived in Islamabad for a one-day visit to Pakistan, According to sources.
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The Google Pixel Fold will be available in 2022:

  The Google Pixel Fold has been circulating for almost a year. It was supposed to be released last year, but the search engine giant apparently delayed it owing to a lack of components.
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Afghanistan to auction US dollars

  ISTANBUL: Afghanistan on Monday said it was auctioning US dollars in a move that is expected to strengthen the Afghan currency. 
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The official teaser for the Realme 9 Pro and Pro+ provides the final details

  Two Realme 9 Pro phones will be unveiled on February 16 (tomorrow), and this could be the final teaser before the big reveal – and, really, it’s all the teasing we need, because the company has confirmed key details of both phones, some of which we’ve only seen in rumored form, and others not even that. 
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Petroleum products prices break all records in Pakistan

  ISLAMABAD : The federal government on Tuesday made a massive increase of up to Rs12.03 per litre in the prices of petroleum products, taking that of petrol to a record level of Rs159.86 per litre effective from February 16 (today). 
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PM Imran launches ‘Raast’ instant payment system

  ISLAMABAD: For the first time in Pakistan, Prime Minister Imran Khan Tuesday launched a person-to-person instant payment system named, “Raast”, to facilitate the common man. 
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nebulasshopping website scam, millions of worth money of people lost

Karachi : Millions of Pakistani people were robbed of their belongings after a money-making shopping website nebulasshopping.com went down Today.
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Dollar hits new all-time high at Rs169.6

  The US Dollar on Wednesday continued its surge against the rupee as it created a new high for the second straight day, rising to Rs169.6 in the interbank market at the onset of trading session. 
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'Fly Jinnah', A new low-cost airline in Pakistan

  Pakistan's Lakson Group and Middle Eastern budget carrier Air Arabia said on Friday they would launch a low-cost airline serving domestic and international routes from Pakistan. 
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Israel-UAE trade could be $1 billion

  Israel's top diplomat in Dubai has said he is hopeful a deal to ship Emirati oil will clear environmental hurdles as trade booms after the groundbreaking opening of ties. 
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PM Imran launches Ehsaas Education Stipends programme

  Prime Minister Imran Khan on Wednesday launched the Ehsaas Education Stipends programme for "deserving" families so that they could send their children for education.
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China’s maglev trains with speed of 200-600km/h

  China's Ministry of Transportation (MOT) has approved the state-owned CRRC Corporation, the world's largest rail transit equipment supplier, to pilot technological research and development (R&D) of integrated system for medium-speed maglev train with a speed of 200 kilometres an hour and high-speed maglev train with a speed of 600 kilometres an hour, according to a statement on the ministry's website on Friday.
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Afghan refugees Surging into Pakistan, Karachi

US President Joe Biden’s withdrawal announcement Declaring that it is time “to end America’s longest war,” Biden said 2,500 US troops plus a further 7,000 from NATO allies would gradually leave the country starting on May 1 And then soon taliban overpowered and captured the Capital.
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Pakistani startup sees the country’s largest funding round

  Airlift Technologies Pvt. has scored the largest single private funding round in Pakistan’s history ahead of plans to enter overseas markets, as the country begins to join a regional startup financing boom. 
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OGRA withdraws notification after PSO denies purchasing ‘costliest’ LNG cargo

  The Oil and Gas Regulatory Authority (Ogra) on Tuesday withdrew its notification from a day earlier that showed the purchase price of liquefied natural gas (LNG) cargo at $20.055 by the Pakistan State Oil (PSO), saying the petroleum corporation clarified it had scrapped the bid as it was 'high' and 'unacceptable'. 
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FATF to decide whether Pakistan has done enough to exit grey list

The Financial Action Task Force (FATF) is expected to announce later today whether Pakistan has done enough to exit the grey-list as it wraps up its four-day plenary meeting. 
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Between Drone and Al Qaeda, Human Rights Watch report

Human Rights watch has published its report, "Between Drone and Al Qaeda" , on what it says an illegal Drone killings by United States in Yemen and  Somalia. The report was published in Parallel with the report of Amnesty International which as published on the drone strikes by United States in Pakistan .
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Taliban freed US soldier in exchange with five Gitmo prisoners

President Obama addressing a news conference with the parents of released soldier Bowe Bergdahl Washington : Taliban released last of the US prisoner of war held in Afghanistan in a dramatic swap for five Taliban detainees who were released from Guantanamo Bay prison. US soldier, Army Sergeant Bowe Bergdahl held under the captivity of Taliban for five years, after Taliban were agreed at last minute to exchange it with their senior official kept at Guantanamo Bay prison by United States.
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Warid Telecom to launch 4G LTE services in Pakistan

Islamabad : Pakistan Telecommunication Authority (PTA) has accepted the plea of Ward Telecom to permit it to launch 4 G services in the country. With this, Ward Telecom has become second company to acquire the 4G licence after China Mobile company Zong.
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