Naveed Qamar, Federal Minister for Commerce and Investment, said that promotion of data science and IT are very important to combat future challenges. He also said that Data Protection Bill 2021 will strengthen the IT and Digital economy of Pakistan. Qamar was addressing to a conference “Accelerating Silicon Valley Technology Investment in Pakistan” organized by USAID […]
IT is one of the leading sectors of Pakistan in terms of revenue and is included in the top 5 export earning sectors. The IT moguls and leaders have requested the government to revisit policies as the existing ones are hurting foreign investment in the country. The businessmen urged the government to take immediate action […]
The cap will be removed from 25th January onwards and now rupee will be allowed to depreciate as per its actual value. Earlier, the currency dealers have unanimously decided to keep the rupee overvalued artificially in the open market against Dollar. After the announcement, is it speculated that Rupee would devalue fast and will near […]
Pak Suzuki Motor Company Limited announced on Tuesday that the prices of various Suzuki models are now increased by up to Rs. 355,000. Following the new announcement, now the price of Alto VX, VXR, VXR AGS, and AGS is Rs. 1.859 million, Rs. 2.156 million, Rs. 2.310 million, and Rs. 2.423 million after a raise […]
The Election Commission of Pakistan has issued a directive prohibiting the hiring of government jobs in the provinces of Punjab and Khyber Pakhtunkhwa (KP) until further notice. This decision comes as the country prepares for upcoming general elections, and is aimed at ensuring a level playing field for all political parties and candidates. The Election […]
Pakistan’s economy is in a turmoil for the last few months and almost every sector seems to be a victim of it. The recent data released by the Pakistan Bureau of Statistics (PBS) has revealed that in December, the textile exports fell 16.47% compared to the same month last year. The exports stood at $1.35 […]
Zameen.com recently organized another successful Property Sales Event (PSE) in Lahore. More than 45 investment projects were also presented at the event, including Gulberg City Center, 102 by Icon, Beach Resort by Icon, and Jinnah Square Residential Apartments. The marketing campaign launch of Gulberg City Center was also organized. CEO Gulberg City Center Islam Khan […]
According to a source in the finance ministry, the World Bank has delayed the approval of $1.1. bn loan to Pakistan until the next financial year due to tariff revision and circular debts in the energy sector. The source has told Reuters that the loan has been pending since June. They said, “The major issue […]
Mohammad Al-Jadaan, Foreign Minister of Saudi Arabia, said that his country is discussing “more creative ways” to provide support to Pakistan. He added that we are talking to the World Bank and others in this regard. The Foreign Minister also said that Saudi Arabia is revisiting the ways it used to provide assistance to its […]
At the International Chambers Summit 2023, the 54 business bodies from Pakistan’s Chambers of Commerce and Industry agreed to boycott the upcoming general elections if charter is not signed by all concerned political parties. The summit was organized by the Rawalpindi Chamber of Commerce and Industry where the business community also conveyed their concerns to […]
In a recent statement, Minister of Petroleum and Natural Resources, Dar, announced that prices of petroleum products will remain unchanged until January 31st. This decision was made after a thorough review of the current market conditions and in an effort to provide relief to the general public. Petroleum products such as gasoline, diesel, and kerosene […]
Pak Suzuki Motor Company (PSMC), one of the country’s largest car manufacturers, once again extended its closure till January 20 owing to inventory shortages. The production activities of the automobile company have remained suspended for most days since the start of the new year, blaming a dearth of imported parts and accessories, as banks are rejecting or […]
The Famous Indian actor Shah Rukh Khan has been listed among the top Richest Actors in the world. Jerry Seinfeld stands first in the list of the Richest actors in the World, it is followed by Tyler Perry, Dwayne Johnson, and Shahrukh Khan. The net worth is followed by $1 Billion, $1 Billion, $800 million, […]
Diamond Industries Limited said it has suspended its manufacturing operations for a short term with effect from Tuesday, January 10th, 2023, till further notice, subject to the availability of imported raw material in the country. The company has cited adverse economic conditions and the non-availability of imported raw materials as the reasons for today’s moratorium. […]
Pakistan has been facing an economic crisis in recent years, which has led to a number of malls and markets closing early or shutting down completely. This has had a major impact on the country’s economy and has led to widespread unemployment and financial hardship for many people. One of the main causes of the […]
From the very beginning, the year 2022 was as action-packed as it could get. It persistently started churning out those utterly significant incidents that sent waves across Pakistan’s political, social, and economic range and persisted media-worthy for a long time. Russia attacked Ukraine. The Russian invasion of Ukraine remained the highlight throughout 2022, and the […]
It’s difficult to determine the best-selling cars in Pakistan as there are many factors that can influence car sales in a particular market. Some of the top-selling car brands in Pakistan include Toyota, Honda, Suzuki, and Volkswagen, but the specific models that are the best-sellers can vary from year to year. There are multiple factors […]
Your personality is defined by the clothes you wear. Whether you belong to a business empire, are an employee in some organization, or even a freelancer, you may get overlooked by most people if you don’t wear up-to-the-minute clothes. Even in today’s Pakistani culture, your major flex is your clothes. The youth nowadays is obsessed […]
Picture: TechJuice In an attempt to make traveling safe and secure for women in Karachi, the government has decided to launch Pink Taxis. The women-only taxi service will be monitored by camera to ensure safety of women passengers and drivers. The Sindh Government will soon start Electric taxi service for the female passengers. Sharjeel Memon, […]
Picture: Global Village Space After getting an approval from the Pakistan’s parliament and high courts, Canadian mining company named Barrick Gold Corporation (BGC) announced on Friday that they have finished reconstituting the copper-gold mines – one of the largest in the world. In an attempt to restart the Reko Diq mining project, Pakistan agreed to […]
