Punjab Chief Minister Maryam Nawaz Sharif, chairing a meeting here on Monday, reviewed the public schools reorganization program.The CM said that a target has been set to construct and rehabilitate 1,000 grounds of government schools in a period of six months. She directed to start weekly and monthly competitions in government schools. She directed a comprehensive mapping of schools to determine facilities and needs across Punjab. She called for a plan to regularize 14,000 AEOs (Assistant Education Officers) and SSEs (Secondary School Educators) in Punjab. The CM also approved the launch of the Green School Program, under which each student…
Author: Iqra Khan
The 30th Beijing International Book Fair (BIBF) concluded on Sunday after a five-day run, attracting 1,600 exhibitors from 71 countries and regions to showcase 220,000 Chinese and international titles. Over 1,000 cultural events were held, with more than 2,100 copyright trade agreements or statements of intent reached.Billed as the world’s second-largest book fair, the BIBF would expand the channel for Chinese culture to reach a global audience and serve as a bridge for exchanges and mutual learning among civilizations, CGTN reported. Chinese publishing houses showcased major titles that illustrate the nation’s development path, achievements and cultural heritage to international audiences.…
Pakistan is gearing up to enter a new era in automotive technology following the announcement of a partnership between HUB Power Company Limited and BYD (Build Your Dreams), a Chinese auto magnate, which signifies the introduction of electric vehicles (EVs) into the Pakistani market. HUB Power Company Limited, through its subsidiary HUB Power Holdings Limited, has finalized plans to collaborate with BYD for local production of EVs.The news comes as the government of Prime Minister Shehbaz Sharif is seeking to attract investment into the country to boost its forex reserves. The partnership includes arrangements for acquiring land and essential infrastructure…
Chinese modern technologies are set to revolutionize Pakistan’s healthcare system through the ambitious China-Pakistan Health Corridor initiative. This collaborative effort aims to enhance medical infrastructure, improve patient care, and streamline health services across Pakistan,” said Dr. Muhammad Shahbaz, President of China Pakistan Medical Association (CPMA). Addressing the launching ceremony of the Medical Device Innovation Center of Lingang New Area and the International Cooperation and Exchange Conference on Medical Technology with the theme of “Promoting High-level Opening and Creating a Great Health Era” on Saturday in Liangang, Shanghai, he said that by integrating advanced technologies and expertise from China, the initiative…
ISLAMABAD: Pakistan Meteorological Department (PMD) has forecast mainly hot and dry weather for most parts of the country during the next 24 hours. However, windstorm/thunderstorm-rain is likely at isolated places in Gilgit Baltistan, Kashmir, Khyber Pakhtunkhwa, Potohar region and northeast Balochistan.As per synoptic situation, continental air was prevailing over most parts of the country. A shallow westerly wave was likely to affect upper parts of the country. During the last 24 hours, hot and dry weather prevailed over most parts of the country. However, rain wind/thunderstorm occurred at isolated places in Gilgit-Baltistan, Upper Khyber Pakhtunkhwa and Barkhan.The rainfall recorded during…
Prime Minister Muhammad Shehbaz Sharif on Monday reiterated that the federal government along with all the provincial governments resolved to eliminate the menace of Polio forever and said that they were fully committed to control its spread through collective efforts. Addressing a meeting of the National Task Force on Polio Eradication, the prime minister said that the polio eradication campaign in the country was progressing positively and they were close to eliminate polio but unfortunately, things turned negative as the virus returned back in certain parts of Pakistan, still it did not show that they had failed in their efforts.…
The National College of Arts (NCA) and the Pakistan Institute of Fashion and Design (PIFD), two esteemed educational establishments in Lahore, are scheduled to establish branches in Karachi shortly. Dr. Khalid Maqbool Siddiqui, the Federal Minister for Education and Professional Training and Chairman of the Muttahida Qaumi Movement-Pakistan, made this declaration on Saturday at a news conference. The vice-chancellors of PIFD and NCA, the head of the Higher Education Commission (HEC), and other high-ranking officials joined Dr. Siddiqui. He said that the young people of Sindh would be able to access “employable skill-based short courses” at the new campuses. Dr.…
After starting trade at 278 in the interbank market today, the Pakistani rupee (PKR) saw losses versus the US dollar to start the last week of June.It closed in red versus the US dollar, remaining bearish throughout the day. Against every other major currency, it saw losses during the session today. The interbank rate closed at 278/$, where it had spent the majority of the day. Today’s open market rates were precisely between 278 and 279 at several currency counters.The PKR lost 11 paisas versus the dollar today, depreciating by 0.04 percent to settle at 278.62. So far this fiscal…
The tractor maker, Millat Tractors Limited (PSX: MTL), informed the Pakistan Stock Exchange on Monday that the story regarding its Rs. 5.4 billion penalties for sales tax audit discrepancy has been misreported. This relates to a recent article in the English-language daily in the area about the Federal Board of Revenue (FBR) fining the company Rs. 5.4 billion for errors found in a sales tax audit. The stock filing added, “The said news is misreported as FBR has not imposed any such fine until the publication of this information.”MTL confirmed that, in accordance with its own interpretation, FBR has sent…
A Consultation Paper has been released by the Securities and Exchange Commission of Pakistan, seeking comments and opinions regarding possible enhancements to the Real Estate Investment Trust Regulations, 2022 (REIT Regulations). The paper is a component of SECP’s endeavors to update the regulatory framework in order to accommodate the nation’s changing REIT environment and bring the REIT Regulations into compliance with global standards. Based on discussions with pertinent parties, such as trustees and RMCs, the study was completed. Simplifying the process of registering trust deeds and REIT schemes, rationalizing the timeframes for transferring real estate or SPV shares in the…
