Islamabad, Aug 28: Professor Ahsan Iqbal, Pakistan’s Minister for Planning, Development, and Special Initiatives has emphasized the significance of utilizing China’s technological innovations and knowledge in the country’s agricultural sector. According to a news release, he voiced his opinions on Tuesday when presiding over a meeting about the Prime Minister’s recent visit to China. Participants in the discussion talked about the potential for sending provincial agriculture sector specialists to China for more development and information sharing. The minister added that Pakistan would bring up the matter of lowering visa requirements for its entrepreneurs with the Chinese embassy. He claimed that…
Author: Mawadat Fatima
Islamabad, Aug 28: The merchant’s community was given a clear message by the Federal Board of Revenue (FBR) on Tuesday: the Tajir Dost Scheme would be implemented regardless of the cost, and traders must register and pay all taxes owed. FBR stated in a statement that the Tajir Dost Scheme will not be impacted by strikes or closures. The meeting on Tuesday at the FBR House was attended by none of the trade associations that had declared a shutter down strike. On Wednesday, the bodies of the dealers are scheduled to embark on a strike. Nonetheless, associations of traders who…
Islamabad, Aug 27: Pakistan is facing major setbacks in obtaining outside funding since the International Monetary Fund (IMF) is yet to approve a $7 billion rescue plan. Due to this delay, money from other nations and international financial organizations has been moving more slowly, which has caused a shortfall in external financial support in the first month of the current fiscal year. Pakistan received $436.3 million in foreign financial aid in July, which is barely 2.2% of the $19.21 billion objective for this fiscal year, according to official statistics from the Economic Affairs Division. In sharp contrast, Pakistan was able…
Islamabad, Aug 27: Shaheen Afridi, who was formerly thought to be among the best pacers in world cricket, has greatly diminished. Pakistan has been extremely concerned with his remarkable decline in form as the Men in Green have found it difficult to produce memorable performances. Since he worsened his knee injury following the 2022 T20 World Cup final and had to spend nearly a year on the treatment table, Shaheen Afridi’s career has taken a noticeable turn for the worse. Prior to this disappointment, Shaheen had an outstanding record in Test cricket, taking 99 wickets in just 42 innings with…
Islamabad, Aug 27: In Sherpao Colony and Saidpur Housing Scheme, the RDA Enforcement Squad conducted an operation against unlicensed commercial constructions under the supervision of Kinza Murtaza, Director General of the Rawalpindi Development Authority (RDA). The squad blocked Shah Cement Agency and Medical Company Zaib Distributor at Plot No. 375 in the Saidpur Housing Scheme and destroyed a business and a cottage on Plot No. 17 in Sherpao Colony during the operation. Waris Khan and Banni Police Stations provided support to the enforcement team, which also included the Assistant Director of Building Control, Building Inspectors, and other officials. It was…
Islamabad, Aug 27: In order to provide its clients with a comprehensive 360-degree healthcare solution, Mobilink Bank, the top digital microfinance bank in Pakistan, has teamed with oladoc, a top digital healthcare platform. The Bank, with Oladoc as its brand ambassador, aims to democratize healthcare by giving 500,000 Mobilink Bank clients unmatched access to high-quality, free medical care. By registering using their registered mobile phones, Mobilink Bank members and their families will have access to a variety of free healthcare advantages through this cooperation through the oladoc app. As a member of the VEON group, a worldwide digital operator, Mobilink…
Islamabad. Aug 27: The H1 2024 Results of Standard Chartered Bank (Pakistan) Limited were released today. To Rs. 49.3 billion, the Bank’s profit before taxes increased by 29%. During the period under review, the profit after tax rose by 14% to Rs. 21.4 billion. While client revenue grew by 23% year over year with solid contributions from all segments, overall revenue growth was 24%. Despite a 22 percent increase in operational expenses compared to the comparative period due to inflation, the bank maintains its industry-leading low cost-to-income ratio of 18 percent. Furthermore, a net release of Rs. 1.8 billion was…
Islamabad, Aug 27: The final exam timetable for the Matric, FA, and ICom programs for the Spring 2024 semester has been released by Allama Iqbal Open University. These tests will begin on September 2 at testing locations across the country. Students’ CMS portals now have roll number slips posted, and the date sheet may be found on the university’s website at www.aiou.edu.pk. Professor Dr. Nasir Mahmood, the Vice-Chancellor, has directed that the examination centers provide students with the bare minimum of amenities. Roll number slips have also been uploaded to the AIOU Mobile Application, which is accessible through the Google…
Islamabad, Aug 27: Along with a sizeable donation for the construction of infrastructure surrounding the mining area, Saudi Arabia has offered to purchase a fifteen percent share in Pakistan’s Reko Diq mining project. Manara Minerals on behalf of Saudi Arabia’s Public Investment Fund (PIF) sought to purchase 15% of the project’s 25% federal government share. According to Express Tribune, Pakistan would establish a negotiation committee to examine the offer and provide a final price to the federal cabinet. An additional grant for building the Mashkhel-Panjoor road is part of the Saudi plan. To complete this road project, the Saudi Fund…
Islamabad, Aug 27: According to Federal Minister of Energy Sardar Awais Ahmad Khan Leghari, dependable reforms to the power sector and a reduction in line losses will lower the cost of producing energy as an action plan is being established in this regard. The minister stated during a meeting held at the Faisalabad Electric Supply Company (FESCO) office that “an action plan is on the anvil to introduce reliable reforms to the power sector to minimize line losses, bring down the cost of production and pass its benefits on to consumers.” Leghari’s comments follow Prime Minister Shehbaz Sharif’s declaration last…