In the face of an ongoing economic crisis, Pak Suzuki Motor Company (PSMC) finds itself in another challenging situation. Due to a lack of inventory, the company has made the decision to suspend motorcycle assembly for five days. According to an official notification, the motorcycle assembly will be halted from June 12 to June 16. […]
In the midst of an economic crisis, numerous individuals are turning to online loan apps like Barwaqt Loan App, found on Google Play Store and social media platforms, to secure instant loans. However, these apps are proving to be nothing but traps for borrowers. The social media space is inundated with these deceptive apps that […]
Pakistan’s Finance Minister Ishaq Dar presented the budget for the fiscal year 2023-24 (FY24) on Friday, June 9, 2023, in the National Assembly. The total outlay of the budget is Rs14.46 trillion, according to the minister. The budget is being keenly watched as the government is caught between a painful fiscal adjustment reforms agenda set […]
The Prime Minister of Pakistan has launched a national laptop scheme to provide free laptops to students who meet certain criteria. The scheme aims to promote the use of technology and enhance the quality of education in Pakistan. If you are interested in applying for this Laptop Scheme 2023, here are some steps you need […]
Tiktok, a platform owned by ByteDance, is expected to increase its e-commerce operations to $20 billion this year. The social media platform is looking at the Southeast Asian market to quadruple it’s merchandise sale. According to Bloomberg, this increase will be $20 billion compared to $4.4 Billion last year. TikTok Shop is particularly eyeing at […]
One of the largest fast food chains in the world, McDonald’s has a announced new job vacancies in the United Arab Emirates (UAE). The fast food giant is accepting job applications for multiple positions and is offering salaries up to 11,000 Dirhams. The company offers exciting career opportunities in a dynamic working environment at competitive […]
Looking for content writing Interns, fresh graduates having some background and interest in content writing are encouraged to apply. Interested candidates share their resumes at nadia@fulcrum.pk.com mentioning position in subject line.
Governor Sindh Kamran Tessori’s new IT courses initiative Governor Sindh Kamran Tessori has launched a new initiative to train the youth of Sindh in artificial intelligence, web 3.0, and metaverse technologies. The initiative, called Governor Initiative, aims to develop certified AI, metaverse, and web 3.0 developers and solopreneurs who can earn up to $5,000 per […]
If you think the US dollar is the most valuable currency in the world, think again. There are many other currencies that are worth more than the greenback, and some of them may surprise you. In this blog, we will reveal the top 10 strongest currencies in the world as of June 2023, based on […]
Pakistan Customs has initiated a nationwide crackdown on the illegal trade of cigarettes. In an effort to combat the smuggling of tobacco products, the Federal Board of Revenue (FBR) released a statement on Sunday announcing raids on numerous warehouses and stores across various cities. Substantial quantities of smuggled cigarettes have been confiscated over the past […]
According to a recent report by Arif Habib Ltd (AHL), inflation is expected to decrease in the coming months, reaching an average of 0.99 percent month-on-month by December 2023. The report suggests that inflation will hover between 23-29 percent between June and December, primarily due to high base effects. Additionally, the report predicts that real […]
The price of gold in Pakistan experienced a significant rebound on Friday after unexpected losses earlier in the week. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold increased by Rs. 4,000 per tola, reaching Rs. 233,000, while the price of 10 grams rose by Rs. […]
According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI)-based inflation for the week ending June 1, 2023, increased by 0.03 percent. This was primarily due to higher prices of various food items, including onions, potatoes, chicken, tea prepared, tomatoes, salt powdered, and non-food item energy savers. On a year-on-year basis, there […]
If you are a Pakistani who wants to learn digital skills and get a job-ready certificate, you might be interested in the Google Career Certificates (GCC) program. Google has announced that it will provide 44,500 scholarships to Pakistanis by the end of 2023, to help them access online courses in high-demand fields such as Business […]
According to the Pakistan Bureau of Statistics (PBS), the Consumer Price Index (CPI)-based inflation in Pakistan surged to a record-breaking 38% on a year-on-year basis in May 2023. This marks a significant increase from the previous month’s inflation rate of 36.4% and the 13.8% recorded in May 2022. The inflation reading for May sets a […]
The Government of Pakistan plans to initiate negotiations with the International Monetary Fund (IMF) for a new program following the introduction of the new budget. As reported by Geo News, the coalition government intends to close the ongoing $6.5 billion bailout program without completing the pending reviews. It is deemed impossible to complete the reviews […]
Image: Pakistan Observer Pakistani ruppee appreciated by Rs 11.5 against the US Dollar in the open market in the early hours of Thursday. According to analysts, the Rupee reached Rs. 299.5 after yhr central bank permitted banks to acquire US dollars from the interbank market for settling their card-based criss-border transactions with the International Payment […]
Image: Twitter Prime Minister Shehbaz Sharif has responded to Pakistan Tehreek-e-Insaf Chairman Imran Khan’s invitation for talks by saying that arsonists and anarchists who damaged the symbols of our state do not qualify for any dialogues. The Prime Minister shared his opinion via a tweet in which he emphasized on the importance of dialogues in […]
Image: Business Recorder The Finance Minister Ishaq Dar while talking to a private TV channel said that no talks are possible with the PTI leader unless he owns up to the May 9 incidents and apologizes for them. The Finance Minister further said that the Tehreek e Insaaf chairman should accept his mistakes and promise […]
Image: FILE Renowned fashion designer and a political activist Khadija Shah was a prime suspect in the May 9th attack at the Jinnah House. Khadija has been an active member of PTI and was taken into custody for her involvement in the controversial events that took place on May 9th. Earlier Khadija has also tweeted […]
