Islamabad, Sep 30: CDA and Guizhou Province Discuss Big Data Collaboration and Tier-Four Data Centers in Virtual Meeting. A virtual meeting was held via Zoom between the Capital Development Authority (CDA) and the Foreign Affairs Office of Guizhou Province, China, aimed at exploring opportunities for collaboration in the field of big data and the establishment of Tier-Four Data Centers in Pakistan. The meeting was attended by the Chinese Foreign Affairs officers and representatives of leading Chinese companies, alongside Acting Chairman CDA, Talat Mehmood Gondal, Member Technology and Digitalization Nauman Khalid, and other senior officials from Pakistan. During the meeting, Acting…
Author: Iqra Khan
ISLAMABAD, 30 Sep: The Competition Commission of Pakistan (CCP) has held its first hearing for the Phase II Merger Review concerning PTCL’s acquisition of 100% shareholding in Telenor Pakistan (Private) Limited (TP) and Orion Towers Private Limited (OT). The hearing was presided over by CCP Chairman Dr. Kabir Ahmed Sidhu, along with members Mr. Salman Amin and Mr. Abdul Rashid Sheikh. Senior Counsel Ms. Rahat Kaunain Hassan represented PTCL, emphasizing the potential economic benefits and growth opportunities the transaction could bring to Pakistan. Mr. Hatem Bamatraf, President & Group CEO of PTCL, Mr. Robert Middlehurst, and PTCL’s senior management also…
Islamabad, Sep 30: Senator Sherry Rehman, the chair of the Senate Standing Committee on Climate Change, stated on Saturday that Pakistan will experience a shortage of water by 2050, with certain regions already experiencing it. She was giving a speech as the primary guest at the two-year Green Urban Development (GUD) project’s closing celebration, which was organized with assistance from the US embassy by the School of Leadership Foundation (SoLF) and the Institute of Urbanism (IoU). The senator applauded the Green Urban Development (GUD) project for enabling and inspiring students to come up with workable solutions for a more sustainable…
Islamabad, Sep 30: CBD Unveils Roadmap for Launch of ‘Lahore Global Village’ Project.The much awaited Lahore Global Village (LGV) is almost ready to open, according to an official announcement from the Central Business District Punjab (CBD). According to specifics, the project is anticipated to establish Lahore as a cutting-edge commercial city and serve as a revolutionary hub for dining, entertainment, and business. Recently, a group from CBD Punjab, led by Assistant Director of Retail Sales Faran Sadiq. Deputy Director of Urban Planning Saqlain Akbar, visited the Lahore Global Village to evaluate the development of its business operations. Representatives from the…
Islamabad, Sep 30: PSX Starts the Week on a Bearish Note, Declining by 178 Points.The Pakistan Stock Exchange’s (PSX) 100-Index maintained its bearish trend on Monday, closing at 81,114.20 points after dropping 177.93 points from the previous working day’s 81,292.13 points. In comparison to the 339,323,128 shares exchanged on the previous trading day, 297,994,181 shares were moved during the day. The price of shares was Rs 14.103 billion as opposed to Rs 12.893 billion on the previous trading day. Among the 444 firms that traded shares on the stock market, 132 saw gains and 244 saw losses; the share prices…
Islamabad, Sep 30: Redmi Note 14 Pro Global Model to Feature Upgraded Main Camera. China received the Redmi Note 14 series last week. All of the phones in the range have 50MP primary cameras, but a fresh claim from XiaomiTime suggests that the Note 14 Pro+ in particular might have a 200MP primary sensor when it launches globally. This information, which highlights the alterations that would be incorporated with worldwide Redmi Note 14 devices, was discovered in code found in Xiaomi’s HyperOS software. We will receive a Samsung 200MP ISOCELL HP3 sensor in place of the 50MP OVX8000 primary sensor…
Islamabad, Sep 30: PMPKL Achieves New Export Milestone While Promoting Sustainable Practices. Thanks to its sustainability measures, Philip Morris Pakistan (PMPKL) has exported raw tobacco worth $48 million over the last five years.PMPKL surpassed last year’s total exports of $13.9 million by shipping over $15.8 million worth of tobacco to different nations in just the first half of 2024. A group of journalists recently visited PMPKL’s Green Leaf Threshing (GLT) facility in Mardan, and business representatives emphasized that they are committed to boosting raw tobacco exports while simultaneously manufacturing premium cigarettes. In Pakistan, PMPKL has proactively incorporated sustainable practices into…
Islamabad, Sep 30: S K Hydro (Private) Limited Distributes Rs. 4.615 Million Grant to 12 Students under CSR Initiative. Twelve local students received grants totaling Rs 4.615 million from S K Hydro (Private) Limited as part of the company’s dedication to education and community welfare. Twelve students receive grants totaling Rs 4.615 million from S K Hydro (Private) Limited as part of CSR. According to a news statement released here on Monday, the business celebrated the “Dreams Becoming Reality” CSR Activities Launch Ceremony at the Suki Kinari Hydropower Station building site. At the ceremony were dignitaries such as the Deputy…
Islamabad, Sep 30: 24 carat gold was sold for Rs. 275,500 per tola on Monday, down from Rs. 276,000 on the previous trading day. This is a Rs. 500 fall in price per tola. According to the All Sindh Sarafa Jewellers Association, the cost of 10 grams of 24 karat gold dropped by Rs 428 to Rs 236,197 from Rs 236,625 while the cost of 10 kilos of 22 carat gold dropped to Rs 216,514 from Rs 216,907 as well. Silver prices per tola and per ten grams stayed at Rs. 2,614.88 and Rs. 3,050, respectively.According to the Association, the…
Islamabad, Sep 30: Romina Khurshid Alam, the Prime Minister’s Climate Change Coordinator, stated that equipping populations at risk of natural disasters with the means and know-how to withstand the effects of frequent and severe natural disasters is essential to lowering their susceptibility over time. It is obvious that improving communities’ preparedness, response, and recovery from natural catastrophes will increase their climate resilience when the required training and resources are made available. She emphasized that providing people with the tools and resources they need can result in sustainable livelihoods and aid in the economic, social, and psychological recovery of communities affected…
