Islamabad, Sep 4: For the first time ever, Pakistan’s agricultural exports have surpassed the $8 billion mark, according to Minister of Commerce Jam Kamal Khan’s statement on Wednesday. The Minister stressed the value of the Sectoral Councils for Rice and Dairy and its Products’ contribution to the country’s economy during a virtual meeting with them. He declared that increasing export volumes is our aim and that we will take every appropriate action to achieve it. The minister expressed the government’s belief that the industry can maintain its growth trajectory by urging the council to aim for a five-billion-dollar target for…
Author: Mawadat Fatima
Islamabad, Sep 4: The Protectorate of Emigrants (PE) Karachi Office underwent a thorough branding and refurbishment project that Bank Alfalah successfully finished with the goal of improving the experience of foreign workers traveling abroad for work. At the PE Karachi Office, an inaugural event was organized to commemorate the project’s completion. Mr. Akhtar Javed, Executive Director of the State Bank of Pakistan (SBP), was the main guest at the function. To ensure the comfort and convenience of intending immigrants visiting the PE office, the plan involved updating the office, particularly the briefing hall, with new amenities. Additionally, instructional and promotional…
Islamabad, Sep 4: Due to a run of subpar games, Pakistan’s cricket team dropped two spots in the ICC World Test Rankings, from sixth to eighth. The men in green, captained by Shan Masood, have recently gone through a difficult time having lost five straight Test matches. This awful run of play includes back-to-back whitewashes against Australia and Bangladesh, which have badly damaged their reputation. The most recent series against Bangladesh was especially harmful because Pakistan lost the Rawalpindi Test series by an unprecedented 2-0 margin. Masood’s team’s problems are exacerbated by the fact that Bangladesh has defeated Pakistan in…
Islamabad, Sep 4: To increase its earnings, the Capital Development Authority (CDA) intends to auction 200 plots in Sector C-14 and introduce ten new residential sectors. Although the head of the CDA had previously said that the agency would no longer be auctioning off prime commercial plots, plans are already in place to auction off over 35 CDA-owned commercial plots in the Blue Area and other important business hubs. Sources claim that brochures for the 200 plots in Sector C-14, each measuring one kanal, up for auction are currently being created. Each plot will have a suggested price of between…
Islamabad, Sep 4: In order to achieve ISO/IEC 27001:2022 compliance, Raqami Islamic Digital Bank Limited (RIDBL) has established a strategic agreement with Risk Associates, a top authorized management systems certification authority. This certification demonstrates Raqami Bank’s dedication to upholding the strictest information security guidelines in accordance with global standards. Umair Aijaz, CEO of Raqami Islamic Digital Bank Ltd (RIDBL), and Kashif Hassan, Managing Director of Risk Associates, officially signed the agreement at Raqami Bank’s Karachi headquarters. Raqami Islamic Digital Bank Ltd. CEO Umair Aijaz made the following statement regarding the collaboration: “At Raqami Bank, we are committed to safeguarding our…
Islamabad, Sep 4: As of August 31, 2024, the output of cotton in Sindh and Punjab has decreased by sixty percent. The textile industry in Pakistan is presently under a great deal of strain, with the terrifying prospect of having to import lint from other markets. By the end of August, just 1.226 million bales had made it to ginning factories, according to the Pakistan Cotton Ginners Association (PCGA). This is a considerable decrease from the 3.04 million bales produced during the same period previous year. The difference of more than 0.3 million bales between the harvest numbers published by…
Islamabad, Sep 4: The Sindh Food Authority raided a plant on Tuesday in Bhains Colony, Karachi, where chemicals were being combined with water to make milk. The Sindh Food Authority’s ADG, Muzamil Haliputo, stated that the factory was using 750 kilograms of chemicals to produce 9,000 liters of milk. The 480 liters of water that were used to make the chemically tainted milk were destroyed by the authorities. The employees who produced this dangerous milk were detained, and they are facing legal repercussions. Muzamil Haliputo made it clear that any actions endangering public health would not be accepted by the…
Islamabad, Sep 4: The mentors for the Champions Cup have received a guideline from the Pakistan Cricket Board (PCB) telling them not to choose players who are older than 35. This move is intended to bring in new blood to the competition and give up-and-coming athletes a chance to display their abilities on a big stage. Although this age restriction is exclusive to the Champions Cup, players over 35 are still welcome to compete in departmental and regional events. Since many seasoned players, like Abid Ali, Noman Ali, Sohaib Maqsood, Kashif Bhatti, and Asif Afridi, are directly impacted, the move…
Islamabad, Sep 4: Pakistan Telecommunication Authority (PTA) issues a warning against hackers Targeting Pakistani Social Media Users with OTPs Scams. Hackers are requesting One-Time Passwords (OTPs) from users using links they deliver, which is increasing the number of Facebook, WhatsApp, and other app hacking instances. Users are cautioned by the PTA that it will never request personal information, passwords, or one-time passwords via phone, email, or message. To safeguard themselves against these scams, users are encouraged not to divulge their information or click on unexpected websites. The PTA has requested customers to report or block scammer numbers to their mobile…
Islamabad, Sep 4: Gohar Ejaz, the former acting federal minister of commerce and industries, asked the next Monetary Policy meeting to lower interest rates by four percent. The interest rate, which is currently 19.5 percent, has become positive by 10 percent, according to Ejaz, the chairman of the FPCCI Economic Think Tank, because year-over-year (YOY) inflation in August 2024 was 9.6 percent as opposed to 27.4 percent in August 2023. He stated that the country had faced difficulties over the last two years as a result of the highest rate of inflation in the area, which was mostly brought on…