Islamabad, Aug 6: Florian Berg, a German visitor, has received financial support from the Punjab government after he was threatened and robbed close to Lahore Airport. The event has triggered fast action from local authorities. It involved the theft of cash and goods belonging to Berg. As a token of support, the Punjabi government gave Berg Rs 500,000. During his bicycle tour of Pakistan, 27-year-old Florian Berg had set up camp in the northern Cantt area, where the incident took place. Berg filed a First Information Report (FIR), which states that the attack happened at midnight. Two anonymous attackers entered…
Author: Iqra Khan
Islamabad, Aug 5: Kia has revealed a brand-new deal on the well-liked Stonic SUV. There has been a reduction in the partial booking amount from Rs. 2,500,000 to Rs. 1,375,000. With this special deal, you can acquire this elegant and feature-rich car for less money up front and draw in more customers. The Kia Stonic is renowned for its cutting-edge features, sleek appearance, and small size. It has a 1.4L MPI engine installed. The SUV offers a safe driving experience with its several airbags, electronic stability control (ESC), and anti-lock brakes (ABS). There is plenty of space inside and an…
Islamabad, Aug 5: Federal Minister for Finance Muhammad Aurangzeb and Revenue Senator Muhammad Aurangzeb and Managing Director of Jacobs, Cordova and Associates, Scott Jacobs during a meeting here on Monday discussed proposals to streamline regulatory system. According to press release issued by finance ministry, Secretary Board of Investment and officials from relevant ministries/divisions were also present in the meeting.The meeting focused on the subject of regulatory reforms aimed at improving regulatory environment in the country to improve entrepreneurship, innovation and investment. Jacobs presented a comprehensive proposal to streamline the regulatory system, suggesting a thorough review of standardized processes to achieve…
Islamabad, Aug 5: Pakistan’s export of goods and services to Afghanistan witnessed an increase of 4.12 percent during the twelve months of the fiscal year (2023-24) as compared to the exports of the corresponding period of last year, the State Bank of Pakistan (SBP) reported. The overall exports to Afghanistan were recorded at US $544.008 million during July-June (2023-24) against exports of US $522.271 million during July-June (2022-23), SBP data revealed. On a year-to-year basis, the exports to Afghanistan also surged by 5.53 percent from $43.657 million in June 2023, against the exports of $46.073 million in June 2024. Meanwhile,…
Islamabad, Aug 5: Pakistan Meteorological Department (PMD) has forecast more rain-windstorm/thundershower in Sindh, Balochistan, Khyber-Pakhtunkhwa, south/upper Punjab, Pothohar region, Kashmir and Gilgit-Baltistan. Heavy falls are likely at isolated places in northeastern/south Balochistan, upper Sindh, Upper Khyber Pakhtunkhwa, Northeast Punjab, Pothohar region and Kashmir. As per synoptic situation, strong monsoon currents,continuously penetrating from Arabian Sea in central and southern parts of the country, entered into the upper parts. Torrential rains may generate flash flooding in local nullahs/streams of Hilly areas of Dera Ghazi Khan, Zhob, Barkhan, Musa Khel, Loralai, Sibbi, Harnai, Kohlu, Dera Bugti, Jhal Magsi, Nasirabad, Jaffarabad, Kalat, Khuzdar, Lasbella,…
Islamabad, Aug 5: The Pakistan Environmental Protection Agency (Pak-EPA) and Capital Development Authority (CDA) on Monday held two crucial meetings focusing on key environmental concerns in the federal capital. The meetings led by DG Pak-EPA Farzana Altaf Shah and Chairman CDA, Muhammad Ali Randhawa emphasized the need to clear Rawal Dam from pollution caused by solid waste and effluents by factories. The participants of the meeting discussed strategies to address this issue and ensure the dam’s water quality to be restored. The implementation of the ban on single-use plastic in ICT limits was another important topic discussed. The officials explored…
Islamabad, Aug 5: The Senate Functional Committee on Devolution convened to deliberate on the efficacy and possible expansion of the Council of Common Interests (CCI). The committee discussed issues with CCI’s revised petroleum reserve exploration guidelines, which have discouraged billion-dollar investments from businesses. The committee questioned the accountability framework and stated that CCI is not answerable to the Senate Functional Committee. The meeting was informed that the CCI, which presently employs 23 people out of the necessary 38, has 15 open positions. There are still vacancies in roles like deputy secretary and joint secretary. Described as a federal cabinet-style body,…
Islamabad, Aug 5: One of the few Pakistani IT companies to expand to Singapore is Hexalyze, a well-known provider of IT solutions with headquarters in Pakistan.By opening a regional office in Southeast Asia to access markets such as Singapore, Indonesia, Malaysia, Brunie, and others, the company hopes to expand its global reach and better serve its diverse clientele. This strategic move represents a significant turning point in the company’s growth journey. Since its founding in 2014, Hexalyze has progressively increased the scope of its business operations in Middle Eastern nations, such as the United States of America, Australia, and the…
Islamabad, Aug 5: Consul General Dr. Bakheet Ateeq Al Remeithi has disputed any restrictions of the kind that have been reported concerning the denial of visas to Pakistanis for travel to the United Arab Emirates (UAE).The response from the Emirati envoy followed concerns that Sindhi citizens were having trouble obtaining UAE visas. The ambassador said in a Monday video interview that all the amenities required are being offered to Pakistani businesspeople, laborers, and medical tourists visiting Dubai, Abu Dhabi, Sharjah, and other locations. The robust cultural, religious, and commercial ties that have existed for more than 50 years between Pakistan…
Islamabad, Aug 5: The Trade Development Authority of Pakistan (TDAP) and the Khyber Pakhtunkhwa Board of Investment & Trade (KP-BoIT) are working together to host an Expo and Economic Development Conference in Chitral. The purpose of the event is to showcase the local trading and economic sectors and entice investors to invest in the valley’s potential areas. The proposed conference is scheduled to take place in the first week of September this year. Approximately sixty booths pertaining to appealing investment sectors will be set up, with a focus on critical investment sectors and local prospective production sectors. With Abdul Karim…
