2021

Gwadar's project

FIRST GWADAR PROJECT GETS POWER FROM NATIONAL GRID

China, Pakistan Economic Corridor, has connected two mega housing projects in Gwadar to the National grid. Authorities have approved the electrical connections. Electrical connections were approved and installed in the China, Pakistan Investment Corporation’s (CPIC) projects: International Port City and China Pak Golf Estates. These are the first residential communities in Gwadar’s private sector....

Traffic plan amid PDM protest

TRAFFIC PLAN ISSUED AMID PDM’S PROTEST IN ISLAMABAD

PDM’S PROTEST The Islamabad Traffic police has issued a traffic plan amid the Pakistan Democratic Movement’s (PDM) protest. PDM will protest outside the Election Commission of Pakistan in the federal capital today (19.1.2021) PDM will start from the garrison city and head towards Election Commission of Pakistan (ECP) in the federal capital. The Rawalpindi administration has finalized the traffic and...

Rashakai SEZ

Chinese Firm To Set Up First Steel Plant In Rashakai

STEEL PLANT IN PAKISTAN A Chinese iron and steel conglomerate has become the first foreign enterprise to establish its plant in the Rashakai Special Economic Zone under CPEC with a planned investment of $50 million. The SEZ Committee of Rashakai Special Economic Zone at its meeting on Friday allocated 40 acres to Century Steel Ltd. The project is under Fuzhou Julitaihe Inter­national Company of China....

Bedroom decor

LITTLE DETAILS TO ADD TO YOUR BEDROOM

LITTLE DETAILS TO ADD TO YOUR BEDROOM INTRODUCTION ‘WE SHAPE OUR HOMES, AND THEN OUR HOMES SHAPE US’ Our homes represent us, and vice versa. It is a more mutual relationship than we realize. We choose our home and decide how we will fill it. How we will use it as a canvas to convey ourselves to the world. But our homes have a role in forming us as well. This is why we must design our homes,...

Javed Afridi

JAVED AFRIDI LAUNCHES SOLAR AND EV CHARGING STATION PROJECT

JAVED AFRIDI LAUNCHES SOLAR AND EV CHARGING STATION The owner of JW Motors and MG Pakistan, Javed Afridi , has once again made good use of his social media. He  announced the launch of a new “SOLAR & EV Charging Station” Project via a Facebook post. Currently, Afridi seems to be in the passion of getting Electric Vehicles (EV) to become a norm in Pakistan. As of now, little is known about the...

Thar;s coal

CONVERTING THAR’S COAL TO GAS AND LIQUID

COAL TO GAS AND LIQUID Four Pakistani leading coal mining and power generation companies are planning to convert huge deposits of Thar's coal into gas and liquid, officials said.  Just as, the country moves to ban new coal-fired power plants. Last month, Pakistani Prime Minister Imran Khan told a virtual gathering of global leaders: “We have decided we will not have any more power based on coal. We...

Raast initiative

RAAST INITIATIVE BY PM TO MOVE TO CASHLESS ECONOMY

The country took another step towards the digital world with the launching of Raast initiative. It is Pakistan’s first instant payment system. Thus, it  enables end-to-end digital payments among individuals, businesses and government entities within seconds. Prime Minister Imran Khan launched the Raast at a ceremony. The initiative is part of the prime minister’s “Digital Pakistan Vision”....

Property insurance

PROPERTY INSURANCE IN PAKISTAN

INTRODUCTION WHAT IS PROPERTY INSURANCE REASONS WHY YOU SHOULD INSURE YOUR PROPERTY MOST POPULAR PROPERTY INSURANCE COMPANIES IN PAKISTAN Askari General Insurance Company Ltd  Jubilee Insurance IGI General Insurance Alfalah Insurance CONCLUSION INTRODUCTION Why should you sign up for property insurance in Pakistan? Well, spending a life with no...

LDA

LDA CLAIMS IMPROVED BUSINESS FACILITATION AMID COVID

LDA CLAIMS IMPROVED BUSINESS To facilitate the construction sector in line with the package announced by Prime Minister Imran Khan to achieve desired results through Ease of Doing Business (EoDB) reforms, Lahore Development Authority (LDA) has geared up its efforts to serve public amid Covid-19. Introduced EoDB reforms and set up Al-Khidmat Centre at their office in Johar Town in mid-July 2020....

Rawalpindi ring road project

RAWALPINDI RING ROAD PROJECT HANDED OVER TO LAHORE RING ROAD AUTHORITY

The Punjab cabinet approved the transfer of the Rawalpindi Ring Road project from the Rawalpindi Development Authority (RDA) to the Lahore Ring Road Authority (LRRA). Earlier in March 2020, the provincial cabinet had taken the project from RDA and given it to LRRA citing ‘capacity constraints’ of the authority. The government again handed over this mega project to RDA in June 2020. And now, the Punjab...

Online portal

GOVERNMENT FLAUNTS ONLINE PORTAL FOR CONSTRUCTION INDUSTRY

The government has launched an online portal for the construction industry. Therefore, in order to provide no-objection certificates (NOCs) to the construction sector. After the success of ‘One Window’ system in Punjab, Chief Minister Sardar Usman Buzdar stated. He expressed these views on Monday while talking to Provincial Minister for Housing Mian Mahmoodur Rasheed. He  had called him at his office...

Overseas Pakistanis

PROPERTY INVESTMENT FOR OVERSEAS PAKISTANIS

PROPERTY INVESTMENT FOR OVERSEAS PAKISTANIS INTRODUCTION BASIC INVESTMENT TIPS FOR OVERSEAS PAKISTANIS LEGAL GUIDELINES FOR OVERSEAS PAKISTANIS INVESTING IN PAKISTAN LEGAL FORMALITIES CAN FOREIGNERS INVEST IN PROPERTY IN PAKISTAN? REQUIREMENTS FOR INVESTING IN REAL ESTATE IN PAKISTAN WHAT HAPPENS IF YOU DON'T COMPLY TO THE REQUIREMENTS...

NHA and Naya Pakistan Housing Authority

MERGER OF NHA AND NAYA PAKISTAN HOUSING AUTHORITY

NAYA PAKISTAN HOUSING AUTHORITY The Cabinet Committee on Institutional Reforms (CCIR)  approved the merger of National Housing Authority and Naya Pakistan Housing Authority under the Cabinet Division. The committee has sent a summary to the federal cabinet for final approval. RULES OF BUSINESS Meeting was held and presided over by Federal Minister for Education, Professional Training, National...

New schemes in Balochistan

CM APPROVES 1505 SCHEMES FOR BALOCHISTAN

1505 SCHEMES FOR BALOCHISTAN The Planning and Development Department has given authorization of Rs55 billion for carrying out new and ongoing schemes for Balochistan. It includes the Public Sector Development Program for the year 2020-21. Resources informed during a meeting. This was presided over by Chief Minister Jam Kamal Khan Alyani and Chief Secretary retired Captain Fazeel Asghar. ANNUAL...

Housing finance

LIST OF BANKS PROVIDING HOME LOAN IN PAKISTAN

INTRODUCTION Although, banking sector being quite dynamic in Pakistan. Moreover, consumers are making extensive use of different types of loans for various purposes, making use of mortgages or home loan service is still not as prevalent as other types of finances. People in Pakistan spend their lives in saving the money, in order to be able to buy their own house. Still, very few can manage to actually...

Tourism

PAKISTAN SAUDI ARABIA TO DISCUSS VENTURES IN TOURISM AND ENERGY SECTOR

Omar Ayub, the Energy Minister has stated that the government is focusing on the TOURISM AND ENERGY sector projects by harnessing local resources for the generation of power. As per the shared details, Omar Ayub Khan said this during a meeting with the Ambassador of the Kingdom of Saudi Arabia Nawaf bin Saeed Ahmed Al-Malki who called on him on Wednesday. TOURISM AND ENERGY SECTOR The minister and...

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