Islamabad, Aug 9: As per the Asian Development Bank (ADB), Pakistan’s Bus Rapid Transit (BRT) systems exhibit considerable levels of contentment; nevertheless, they also underscore the deficiency of efficient transportation to access the BRT systems.In its most recent study, “CAREC Road Safety Engineering Manual, why and how to manage speed,” the Bank said that since the introduction of the country’s first BRT system in Lahore in 2013, Pakistan has implemented other BRT systems in its major cities. Studies have indicated that the systems in Rawalpindi-Islamabad, Multan, and Lahore are effective and satisfactory. Studies draw attention to the lessons that Pakistan’s…
Author: Iqra Khan
Islamabad, Aug 9: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district Battagram – Silk/Karakoram road to tariff areas of Abbottabad. In this regard, the FBR issued a notification on Thursday. The FBR has issued SRO to establish check posts with mobile squads on the routes originating from tax-exempt areas. The check post has been established under section 40B of the Sales Tax Act. According to SRO.1193(I)/2024, the mobile squad of Inland revenue officers would intercept goods on which duties and taxes have not been paid while coming from non-tariff areas to…
Islamabad, Aug 8: A breathtaking javelin throw of 92.97 meters, Arshad Nadeem created history at the Olympics by winning Pakistan’s first-ever gold medal in athletics. His throw was among the farthest in the event’s history in addition to setting a new personal best. Top athletes from all over the world competed fiercely for the top place. But Nadeem’s performance was notable right away. He became the first athlete to clear the 90-meter mark in this event with an amazing throw in the final round that left his rivals dumbfounded and the audience in stitches. For Nadeem and Pakistan, a nation…
Islamabad, Aug 8: Prime Minister Shehbaz Sharif Thursday urged the Ulema and Mashaikh to play an active role in countering propaganda, fake news, and disinformation, while aligning with core Islamic values and principles.He stressed the significance of the role of Ulema and Mashaikh in guiding youth towards understanding the Quran, Sunnah, and character building, alongside academic knowledge and technical skills. He was speaking to a large gathering of esteemed Islamic scholars (Ulema o Mashaikh) from diverse schools of thought convened at the Pakistan-China Friendship Center here for the National Ulema Convention. The prime minister graced the occasion as the Chief…
Islamabad, Aug 8: The “City of Saints,” Multan, is about to experience something truly remarkable: the first-ever Roadshow, a grand event that will showcase the best properties and investment opportunities from Lahore, the North, and Multan. Event Highlights: Sunday, August 11, 2024; Time: 10:00 AM – 8:00 PM; Venue: Multan Marquee, Chungi No. 6, main Bosan Road, Multan Story of Dreams & Aspirations An ambitious entrepreneur looking to invest in a promising commercial property, or perhaps a family looking for a quiet apartment to call their own, the Roadshow rolls in as the best place to be at. Our Road…
Islamabad, Aug 8: Finance Minister Muhammad Aurangzeb has reiterated government’s commitment to fostering investment and enhancing the ease of doing business in the country.He was talking to a delegation of Meezan Bank, led by the Chairman of the Board of Directors Riyadh S.A.A Edrees in Islamabad today. The Minister outlined the government’s ongoing efforts in reforming the State-Owned Enterprises, FBR, energy sector and privatization initiatives.He emphasized that Pakistan’s macroeconomic indicators are on an upward trajectory, leading to a growing public trust in the country’s economic management. Muhammad Aurangzeb was informed that Meezan Bank is one of the largest banks in…
Islamabad, Aug 8: The total liquid foreign reserves of Pakistan increased to US$ 14,471.9 million as of August 2, 2024 while the reserves held by the central bank were recorded as $ 9,153.3 million. The State Bank of Pakistan (SBP), in a statement issued here on Thursday, informed that liquid foreign reserves held by the central bank increased by $ 51 million to reach $ 9,153.3 million during the week ended on August 2, 2024.Meanwhile, net foreign reserves held by commercial banks were recorded as $ 5,318.6 million during the week under review, it added. Total liquid foreign reserves held…
Islamabad, Aug 8: Ambassador of Tajikistan to Pakistan Sharifzoda Yusuf Toir on Thursday called on Governor Kamran Khan Tessori and discussed bilateral relations, investment opportunities, exchange of delegation and other issues of mutual interest. Talking to Tajik Ambassador, the Governor said that Tajik investors can take advantage of investment opportunities in Sindh and, SIFC project is providing all possible support and assistance to the investors. The Tajik Ambassador said that Tajik investors are interested in various sectors in Sindh province. He also lauded Governor Sindh’s public welfare initiatives.Earlier, the Ambassador of Tajikistan along with Governor Sindh visited IT classes at…
Islamabad, Aug 8: The Walled City of Lahore Authority’s Social Mobilization wing has teamed up with “Save the World With Green Pakistan” to launch a creative and engaging plant-based activity designed to foster environmental awareness among children.According to a press release issued here on Thursday, the objective of this initiative, titled “Let’s Plant for Life and Make a Difference,” is to encourage a greener future. The activity features a unique blend of education and enjoyment. Children first indulge in a cake that is cleverly designed to look like a real plant pot. Once the delicious treat is enjoyed, the pot…
Islamabad, Aug 8: A Chinese delegation in a meeting with Chairman CDA, Muhammad Ali Randhawa on Thursday expressed their keen interest to invest in development projects of Islamabad. The meeting focused on exploring avenues for collaboration and investment in key sectors.During the briefing, the delegation expressed desire to invest in the project of transferring CDA offices and streetlights to solar energy.This initiative aligns with country’s goal of promoting renewable energy sources and reducing carbon emissions. Muhammad Ali Randhawa welcomed global investors, particularly from China, to invest in Islamabad’s development projects.He assured the delegation that the Capital Development Authority (CDA) would…
