Islamabad, Dec 14: WHYLAB has provided pictures and details of the vivo Y300 5G, providing a clear view of the impending smartphone with just three days to go until its introduction in China. The Y300 5G has a 6.77-inch OLED screen with a refresh rate of 120 Hz and a resolution of 1080 x 2392 pixels. Additionally, the screen reaches 1,300 nits of brightness, guaranteeing superior visibility even in bright lighting. For increased durability, Vivo has incorporated its Diamond Shield glass to the display. Additionally, the screen integrates an optical fingerprint scanner, while the punch-hole cutout houses an 8MP front-facing…
Author: Iqra Khan
Islamabad, Dec 13: The cabinet committee to guarantee fertilizer price stability was convened on Friday by Senator Mohammad Ishaq Dar, the deputy prime minister and foreign minister. The conference was attended by Petroleum, Industry, and Commerce Secretaries as well as Muhammad Aurangzeb, Minister of Finance. Gas company executives were also there. The committee looked at fertilizer costs, stock levels, and market availability. They noted that fertilizer prices are steady and that there are sufficient supplies available. After reviewing the gas supply for the fertilizer sector, the committee concluded that it was adequate. The foreign minister ordered the fertilizer business to…
Islamabad, Dec 13: In a recent roundtable, the Sustainable Development Policy Institute (SDPI) together stakeholders and industry professionals to talk about the future of electric vehicles (EVs) and how they could propel Pakistan’s economy. According to a news release released here on Friday, the roundtable, “Electric Vehicles and Economic Growth: Industry Perspectives on Pakistan’s EV Transition,” emphasized the main advantages and difficulties associated with the nation’s transition to electric vehicles. The conversation began with SDPI’s Ahad Nazir highlighting the close connection between EV adoption and sustainable economic growth. Nazir noted that Pakistan may gain a lot from the switch to…
Islamabad, Dec 13: Nawaf bin Said Al-Malki, the Saudi ambassador to Pakistan, reaffirmed the Kingdom’s commitment to aiding Pakistan on Friday at an event hosted by the King Salman Humanitarian Aid and Relief Center (KSrelief) at the embassy to launch a food security initiative for 2024–2025. “It is my pleasure to participate in this ceremony on behalf of my country, the Kingdom of Saudi Arabia, to hand over 147,500 food packages as a gift to the brotherly country, Pakistan,” Ambassador Al-Malki said as he addressed the crowd. These food baskets will be given to those in need in all four…
Islamabad, Dec 13: The purchase of JK Sugar Mills (Private) Limited’s assets by Naubahar Bottling Company (Private) Limited through an Asset Purchase Arrangement (APA) has been authorized by the Competition Commission of Pakistan (CCP). JK Sugar Mills is a privately held business that was legally established in Pakistan. In addition to owning a Pepsi beverage franchise in Pakistan, its main business is the manufacture and sale of white crystalline sugar. The buyer, Naubahar Bottling Company, is a privately held business that has been legally incorporated in Pakistan. Producing drinks including Pepsi, Mountain Dew, 7up, Mirinda, Sting, Slice Mango, Aquafina, and…
Islamabad, Dec 13: According to the Pakistan Bureau of Statistics (PBS), the price increases of chicken (3.80%), vegetable ghee 2.5 kg (2.27%), bananas (1.99%), potatoes (1.93%), mustard oil (1.07%), and LPG (0.28%) contributed to a 0.07 percent increase in the Sensitive Price Index (SPI)-based inflation for the week ending December 12, 2024. Of the 51 items, 18 (35.29 percent) saw price increases during the week, 11 (21.57%) saw price decreases, and 22 (43.14%) saw no change. The price increases of pulse gram (59.55 percent), pulse moong (36.44 percent), potatoes (36.16 percent), powdered milk (25.74 percent), beef (23.82 percent), tomatoes (20.51…
Islamabad, Dec 13: The Deposit Protection Corporation (DPC) has released its fourth Annual Report for the fiscal year that concluded in June 2024. According to the DPC’s 2023–24 annual report, domestic bank deposits in Pakistan increased to Rs. 31 trillion, a 22 percent year-over-year increase, driven by deposits of Rs. 23.8 trillion in conventional banking and Rs. 7.4 trillion in Islamic banking. Strong public confidence in the banking system is demonstrated by the 20% increase in eligible deposits to Rs. 16.9 trillion, of which Rs. 12.2 trillion was in conventional accounts and Rs. 4.7 trillion was in Islamic accounts. There…
Islamabad, Dec 13: In November 2024, gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) totaled $186 million, up from $204 million the month before. As of November 24, the gross RDA inflows were $9,139 million. Of the entire amount received, $5,798 million was used locally, while $1,687 million was repatriated. As of right now, the net repatriable liabilities is $1,653 million. The total amount of net investments made through RDA between September 2020 and November 2024 was $1.189 billion. While NPC Investments (Islamic) totaled $712 million, NPC Investments (Conventional) totaled $426 million. The amount received by Roshan Equity…
Islamabad, Dec 13: Daler Jumma, Tajikistan’s Minister of Energy visited Prime Minister Shehbaz Sharif at the PM House on Friday and spoke about issues that both parties could agree on. CASA-1000 and other regional connectivity projects were discussed during the meeting. Both parties committed to increase collaboration in areas like energy, education, agriculture, and communications, especially land-based connectivity. To take part in the Pakistan-Tajikistan Joint Commission, the Tajik minister is traveling to Pakistan. During the Joint Commission, the prime minister welcomed Jumma to Pakistan and conveyed his satisfaction with the advancements in bilateral cooperation between the two nations in a…
Islamabad, Dec 13: The Africa Division of the Ministry of Foreign Affairs hosted a conference on tourism for diplomats under the chairmanship of Additional Foreign Secretary for Africa Hamid Asghar Khan. The briefing was aimed at introducing the Pakistan Travel and Tourism Mart Expo, which will be held at Expo Center Karachi from January 31 to February 2, 2025. The conference was attended by Deputy Chiefs of Missions of Morocco, Somalia, Kenya, Rwanda, Turkey, Malaysia, Egypt, Tunisia, Jordan, South Africa, Azerbaijan. Ambassadors and High Commissioners of African countries also participated in the conference. Additional Foreign Secretary for Africa Hamid Asghar…
