Islamabad, Aug 19: IT exports remittances reached US$286 million in the first month of Financial Year 2024-25 (July). IT exports increased 33.64% over the US$214 million remitted during corresponding period last year FY2023-24 (July), said Minister of State for IT and Telecommunication Shaza Fatima Khawaja. She said that the present government is committed for increase in IT exports. Minister of State for IT said that the Prime Minister of Pakistan is fully focused upon uplift of the IT sector.She said that on the directives of the Prime Minister of Pakistan and the full support of the Special Investment Facilitation Council…
Author: Iqra Khan
Islamabad, Aug 19: Senator Kamil Ali Agha chaired the meeting of the Senate Standing Committee on Science and Technology was held today at Old PIPS Hall,Parliament Lodges.The Senate Committee deliberated on the Private Member’s Bill titled “Pakistan Halal Authority (Amendment) Bill, 2023.” Senator Dr. Zarqa Suharwardhy, the bill’s mover, stated that the bill aims to strengthen the Pakistan Halal Authority as it encompasses the guidelines for the enforcement of Halal standards. Officials from the Ministry of Science and Technology (MoST) informed that the proposed amendments are part of the Pakistan Halal Authority (PHA) Act.Senator Kamil Ali Agha inquired about the…
Islamabad, Aug 19: The United Kingdom’s (UK) recently elected government has said that it will continue to impose the current limitations on student visas.In a televised interview, Education Secretary Bridget Phillipson reaffirmed that the Labour Party does not intend to remove the visa requirements that the previous Rishi Sunak administration placed on foreign students. A number of measures were put in place in January by Sunak’s administration to stop the majority of foreign students from bringing dependents to the UK.There was conjecture after the elections that the incoming administration might soften its position regarding foreign students; nevertheless, the education secretary…
Islamabad, Aug 19: 4,453 additional government schools in Punjab will be turned over to for-profit companies and non-governmental organizations (NGOs) as part of the government’s ongoing school privatization initiative next week. This comes after a previous stage in which 5,863 schools had already been privatized. The ultimate objective is to privatize 13,219 schools in all. September will usher in a third phase of school privatization, totaling 2,903 additional establishments.Critics, such as organizations representing educators, contend that this privatization will lead to increased costs and exacerbate the issue of kids missing school.In Punjab, there are about 27 million youngsters who are…
Islamabad, Aug 19: The Pakistan Boat Rally and Fishing Association (PBRFA) is thrilled to report that one of its members, Mr. Manan Sheikh, saw an endangered whale shark while diving at Charna Island. On August 17, 2024, a Saturday, Mr. Sheikh and companions Faazil Tapal, Arslan Khan, Mikaeel Ali Habib, and Rayan Maker shared the incredible experience of swimming for over twenty minutes next to this kind giant. Thankfully, Faazil Tapal possessed a using an underwater camera to record the action. Around Charna Island, the depth ranges from 20 to 60 feet, giving it a rich place for marine organisms.…
Islamabad, Aug 19: As part of the nation’s new five-year economic plan, Prime Minister Shehbaz Sharif has instructed all ministries to submit a $20 billion investment strategy for 94 important projects. Each ministry will submit comprehensive recommendations for investment in these projects, according to sources who spoke with ProPakistani. These plans would subsequently be given to Gulf nations for possible funding. According to sources, financial advisors will be hired by the federal government to evaluate the feasibility of these initiatives. With the help of these consultants, interested Gulf countries will examine the bids and fund projects that catch their eye…
Islamabad, Aug 19: This monsoon season, Sukkur has had unusually high levels of precipitation; in one day, the city recorded 290mm of rain, shattering a 77-year record. The previous record, which was achieved in 2022 with 374mm of rain falling over 12 days, is greatly exceeded by this downpour. In a statement released on Sunday, the province officials said that the recent rainfall in Sukkur is the most substantial in almost 80 years. Barrister Arsalan Islam Sheikh, the mayor of Sukkur and spokesman for the Sindh government, stated that 80% of the city has successfully finished the dewatering process. Work…
Islamabad, Aug 19: The price of gold in Pakistan decreased slightly on Monday. A tola of 24-karat gold was sold for Rs260,000, down Rs200. It is noteworthy that the pricing has been maintained at a substantial Rs4,000 less than what it actually costs now. This year, the yellow metal has increased by 18%, or Rs40,000 per tola, on the back of significant purchases by central banks and mounting prospects of monetary easing.The price of 24-karat gold was further announced by the Karachi Sarafa Association to be Rs222,908 per 10-gram, a decrease of Rs172. In a similar vein, a lower price…
Islamabad, Aug 19: In order to start up a data center and cloud operations in Pakistan, Chakwal Spinning Mills Limited and PNO Capital Limited have signed a term sheet for an investment of Rs 7.784 billion.The Board of Directors of the firm met on July 12, 2024, and this decision was ratified by the shareholders at the August 2, 2024, Extraordinary General Meeting (EOGM). Chakwal Spinning Mills complied with Sections 96 and 131 of the Securities Act, 2015 as well as Clause No. 5.6.1(a) of the PSX Regulations by notifying the Pakistan Stock Exchange (PSX) of this information via notice…
Islamabad, Aug 19: Sheikhupura’s district administration is enforcing stringent measures on Monday to guarantee the provision of necessities at official prices. As to the DC Office, the district has stepped up its efforts to counteract profiteering and adulteration, as directed by Punjab Chief Minister Maryam Nawaz Sharif.Price Control Magistrates regularly verify the weight of fruits, vegetables, bread, meat, and other necessities in stores and markets. Additionally, they make sure that food stores are charging the agreed-upon prices for their items.In order to help consumers, Additional Deputy Commissioner General Mian Muhammad Jameel underlined the significance of strictly enforcing price rules. He…
