The once-prominent cryptocurrency exchange FTX has been ordered by a U.S. court to pay $12.7 billion in relief to its customers. This ruling comes after the collapse of the exchange, which left countless investors scrambling to recover their funds. The Commodity Futures Trading Commission (CFTC) announced this decision on Thursday, emphasizing the severity of the […]
Pakistan International Airlines (PIA) has introduced a special 14% discount on flights between Toronto and Pakistan to celebrate Pakistan’s Independence Day. This limited-time offer aims to provide an opportunity for more passengers to travel affordably during the festive period. Discount Details and Booking Period The national flag carrier announced that the 14% fare discount will […]
Dubai Airports announced a remarkable forecast for Dubai International Airport (DXB) on Wednesday, projecting a new record in passenger traffic by the end of 2024. This optimistic outlook follows an 8% increase in passenger numbers during the first six months of the year. Impressive Growth in Passenger Numbers Dubai International Airport, known as the busiest […]
In a significant move, the federal government of Pakistan has appointed Rashid Mahmood Langrial, a BS-21 officer of the Pakistan Administrative Service, as the new Chairman of the Federal Board of Revenue (FBR). This decision was formalized through a notification issued by the Establishment Division on Wednesday. Official Appointment Announcement The official notification stated: “Rashid […]
The government is considering income tax relief for salaried citizens, which may amount to a substantial quantity of relief. Prime Minister Shehbaz Sharif directed the economic team to reconsider the present income tax rate on monthly income up to Rs 100,000. Under the newly presented budget, a 2.5% income tax rate was levied on these […]
ISLAMABAD: In a significant move towards economic stability and growth, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held crucial meetings with top officials from Chinese institutions. These discussions centered on Pakistan’s reform agenda and its engagement with the International Monetary Fund (IMF). During the meetings, Senator Aurangzeb, accompanied by Minister for Power Sardar […]
New Zealand’s allure lies in its diverse natural beauty and rich cultural experiences. From the dramatic landscapes of Milford Sound to the geothermal wonders of Rotorua and the tranquil beaches of Abel Tasman National Park, it’s a destination that captivates tourists. Visa Requirements for Pakistani Travelers Pakistani citizens aiming to visit New Zealand for tourism […]
GUGO Motors is thrilled to announce the availability of its electric hatchback, the Gigi Mini EV, through an easy installment plan. Due to overwhelming customer demand, the company is now offering this flexible payment option, making it simpler for more people to own this innovative vehicle. Easy Payment Plan The new payment plan requires an […]
Master Changan Motors is gearing up to introduce its latest electric vehicles, the Deepal S07 SUV and L07 Sedan, to the Pakistani market. These highly anticipated models have recently arrived at Changan Autos dealerships for testing, offering car enthusiasts a first glimpse of what’s to come. Spotted on Karachi Streets The lime yellow Deepal S07 […]
In a significant move to streamline administrative processes for foreigners, French authorities have decided to simplify the renewal procedure for residence permit application receipts. This new process, effective from July 15, 2024, aims to make life easier for non-citizens residing in France by introducing an online application system. Online Renewal Process Introduced Starting mid-July 2024, […]
In an effort to boost tourism, Vietnamese Prime Minister Pham Minh Chinh has directed the ministries of public security and foreign affairs to investigate the possibility of waiving visas for citizens of several countries. This initiative is aimed at making Vietnam a more attractive destination for international tourists, thereby accelerating the recovery of its tourism […]
Tariq Wazir Ali has issued a stern warning to Prime Minister Shehbaz Sharif, highlighting the imminent collapse of Pakistan petroleum industry. In a recent letter, Ali detailed the severe impact of Rs. 26 billion in foreign exchange losses on the sector and urged for immediate intervention to address the escalating crisis. Ali’s warning comes amid […]
Eligibility for Punjab Solar Panels Scheme Under the leadership of Chief Minister Maryam Nawaz and PML-N President Nawaz Sharif, the Punjab government is set to launch the Solar Panel Financing Scheme on August 14. This scheme aims to provide solar panels to citizens on easy installments. Here are the details regarding eligibility and application: Eligibility […]
Hungary’s evolving labor market has created significant opportunities for foreign workers, particularly in fields experiencing acute shortages. The 2023 EURES report on shortages and surpluses outlines 36 occupations where Hungary is struggling to meet labor demands. This situation presents a prime opportunity for skilled professionals seeking work visas in Hungary. Key Sectors Facing Shortages Hungary’s […]
In a bid to facilitate Umrah pilgrims, Pakistan International Airlines (PIA) has announced reduced airfares for travelers heading to Saudi Arabia. This initiative aims to make the pilgrimage more affordable for Pakistani citizens. According to a PIA spokesperson, the airline is offering a 15% discount on fares for pilgrims flying from Toronto to Madina with […]
In a recent move, Peshawar’s Bus Rapid Transit (BRT) system has announced a fare increase, raising the cost by Rs5 for each stop along the route. The new minimum fare is now Rs20, while the maximum fare has been set at Rs60. This adjustment is poised to impact all passengers utilizing the BRT service in […]
Canada is contemplating significant changes to its long-term visa program for international students, hinting at a move towards more controlled immigration and tempered population growth. This potential policy shift is driven by escalating living costs, housing shortages, and increasing unemployment pressures. Immigration Minister Marc Miller, as reported by Bloomberg, conveyed that the government is in […]
The price of gold in Pakistan has reached unprecedented levels, hitting an all-time high on Thursday. This significant increase, where gold gained over Rs. 4,500 per tola, reflects broader trends in the international markets. Local Gold Market Dynamics According to the Karachi Sarafa Association, the price of 24-carat gold soared by Rs. 4,600 per tola, […]
Estonia, a picturesque gem in Northern Europe, is currently grappling with significant labor shortages in a variety of industries. According to the 2023 EURES Report on shortages and surpluses, Estonia faces labor deficits in 63 key occupations. This critical situation, as highlighted by Schengen.News, opens up a plethora of opportunities for foreign professionals looking to […]
Honda has filed two intriguing patents that suggest the automaker might be developing new off-road vehicles. One patent showcases a boxy SUV reminiscent of the Honda Element, produced from 2003 to 2011. The other features a compact pickup truck with an innovative movable divider. The Honda Element, known for its upright design and robust plastic […]
