Author: WebDesk

Islamabad: PM’s coordinator on climate change & Environmental coordination Romina Khurshid Alam has underscored that it is high time for enforcement of environmental activism in the country to deal with the climate crisis. She remarked this during a meeting with country representative of International Union for Conservation of Nature (IUCN) Mr. Mahmood Akhtar Cheema today at her office. The both sides agreed to collaborate on biodiversity program and climate change program. PM’S coordinator said, besides up scaling the Green Pakistan Program, she was also focusing to cope with the challenge of forest fires. IUCN country representative also presented their report…

Read More

Apple has announced a suite of new accessibility features for iPhones and iPads, set to be released “later this year.” These updates are expected to be part of iOS 18 and iPadOS 18, anticipated to be officially unveiled next month. The standout feature is eye tracking, which allows users to control their devices using just their eyes. This technology will be available on both iPhones and iPads and will function as the name suggests. While eye tracking is primarily designed to assist users with physical disabilities, it will be accessible to all users. Powered by AI, the feature requires a…

Read More

Oil & Gas Development Company Limited (PSX: OGDC) has increased production at Nashpa Well-10 through rigless interventions in the Datta, Shinawari, Samanasuk, Lumshiwal, and Hangu formations, according to a notice issued to the Pakistan Stock Exchange on Friday. The total production from the well, located in the Karak district of Khyber Pakhtunkhwa, has now reached 1,870 barrels per day (BPD) of oil and 7.02 million standard cubic feet per day (MMSCFD) of gas. This output is being injected into the SNGPL network, along with the recovery of 10 metric tons per day (MTon/Day) of LPG, the filing stated. It is…

Read More

The Federal Directorate of Education (FDE) has issued a notification announcing new timings for all educational institutions under its jurisdiction, effective from May 20, 2024, until further notice, in response to the forecasted heatwave. Single-Shift Institutions: Double-Shift Institutions: Pre-I (Montessori / Prep): Ex-FG Colleges: These changes have been implemented to mitigate the effects of the anticipated heatwave in the coming week.

Read More

PayFast, a leading and licensed payment service provider in Pakistan, has set a new benchmark by becoming the first payment gateway to implement Raast Person-to-Merchant (P2M) services. This development allows PayFast’s partner businesses to accept faster and more cost-effective payments from their customers. Raast, launched by the State Bank of Pakistan in 2021, is an indigenous instant payment system that enables quick, 24/7 money transfers between any bank account and financial institutions. Initially supporting Bulk and Peer-to-Peer (P2P) payments, Raast recorded 33.2 million P2P transactions worth PKR 789.9 billion in the first half of 2023, which surged to 187.8 million…

Read More

Experts at a consultative dialogue on taxation policies in the country’s steel sector on Thursday said there is need of complete change in approach towards taxation policies at this point in time when the country’s industry is facing deep crisis due to factors beyond industry’s control – a situation forced on industry. The Sustainable Development Policy Institute (SDPI) as part of its Pre-Budget Series held the Public Private Dialogue on Taxation Policies in Pakistan’s Steel Sector with the collaboration of the Pakistan Association of Large Steel Producers (PALSP). The key roundtable objectivs was to discuss the impact of turnover tax…

Read More

The International Monetary Fund (IMF) has instructed Pakistan to increase the advance tax on the purchase of immovable properties in the upcoming budget. Sources told Bloom Pakistan that the IMF directed the Federal Board of Revenue (FBR) to raise the advance tax on non-filers purchasing immovable property.Currently, the FBR imposes a 3 percent tax on filers and a 10.5 percent tax on non-filers, collecting Rs. 80 billion this fiscal year. The IMF has now proposed raising the advance tax on non-filers. Specifically, they suggest a 3 percent tax on filers and a 6 to 7 percent tax on non-filers for…

Read More

The Pakistan Telecommunication Authority (PTA) has achieved a significant milestone with the introduction of the 6 Gigahertz (GHz) spectrum band for unlicensed operation, paving the way for Wi-Fi 6E adoption in the country. With this move, Pakistan becomes the 10th country in the Asia Pacific region and one of only 60 countries worldwide to allocate the 6GHz band for Radio Local Area Networks (RLAN), commonly known as Wi-Fi. The announcement was made during an event titled “Unlocking Pakistan’s Connectivity: Enablement of Next-Gen Wi-Fi in 6GHz Band.” PTA Chairman Major General (retd) Hafeez Ur Rehman emphasized Pakistan’s leadership role in embracing…

Read More

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed formulation of a policy to employ athletes through departments to ensure their financial security and promote sports in the country. He tasked Chairman of the Prime Minister’s Youth Programme Rana Mashhood to personally oversee the policy and ensure its implementation within one week.The prime minister was addressing an event held to celebrate the achievement of Pakistan hockey team that recently won silver medal in the final of 30th Sultan Azlan Shah Cup 2024 in Malaysia.PM Sharif said jobs for athletes would free them from the struggles of earning livelihood, thus helping them…

Read More

Pakistan’s Minister for Religious Affairs, Chaudhry Salik Hussain, has arrived in Saudi Arabia to assess the arrangements for the upcoming Hajj pilgrimage. As thousands of Pakistani pilgrims begin to arrive in the holy cities, Minister Hussain’s visit aims to ensure smooth operations for the annual Islamic pilgrimage. Hajj, one of the five pillars of Islam, mandates every financially and physically capable adult Muslim to undertake the journey to the holy sites in Makkah at least once in their lifetime. This year, Pakistan’s Hajj quota stands at 179,210 pilgrims, with 63,805 individuals participating under the government scheme and the remainder through…

Read More