Gwadar Is Expected To Become A Regional Logistics Center Within Five Years ISLAMABAD, Pakistan: Gwadar will be a logistic center in the area in the next five years, playing a vital role in developing Pakistan's national economy, said Zhang Baozhong, Chairman of China Overseas Port Holding Company, while assessing the project's five-year trip. Zhang Baozhong, Chairman of China Overseas Port Holding...
Investing in Real Estate by Pakistanis Living Abroad Overseas Pakistanis contribute significantly to the national economy. Remittances paid by Pakistanis living abroad assist to stabilize the country's foreign currency reserves and encourage Foreign Direct Investment (FDI). There are around nine million Pakistanis living in various countries, with the majority residing in the Gulf area, including the...
The Punjab Government has decided to develop Asia's Largest Forest in Lahore. Lahore will soon have one of Asia's largest forests, as the Parks and Horticulture Authority (PHA) has partnered with relevant provincial government divisions to plant saplings in 51 locations across the metropolis. Punjab Prime Minister Asif Mahmood's adviser shared updates on this development at a press conference in...
As the world advances into the information age, those who are able to quantify and analyze large datasets will always have a market advantage over their competitors. Advances in technology are changing business models in major industries, and the transformation effect of technologies such as artificial intelligence is driving the shift to a more engaging, data-driven approach to various aspects of a...
LAHORE: The Punjab government will pay a monthly stipend to transgender people under a new program of its social protection authority. This was announced by the special assistant to the Chief Information Minister of Punjab, Dr. Firdous Ashiq Awan, while speaking to the media with the vice president of the Punjab Social Protection Authority, Jamal Nasir Cheema, in Lahore. Transgender people are part of...
Pakistan has announced that it will register citizens aged 19 and above for the coronavirus vaccine starting from Today Thursday May 27,2021. The decision was made by the National Command and Operations Center (NCOC), according to NCOC chief Asad Umar. He tweeted that the registration would start from today May, 27 ,2021 https://twitter.com/Asad_Umar/status/1397447606532546562 Ten days...
Islamabad: A meeting was held here with the chairman of the Capital Development Authority (CDA) on development work in three subsectors of the I-15. The meeting reviewed ongoing development work in Sector I-15, while Member Engineering provided a detailed report at the meeting that work in Sectors 1, 3, and 4 was progressing in full swing and would be completed in the coming years. months. He said work...
Ramadan 2021: '100 Million Meals' Campaign Food parcels first distributed to target groups in Pakistan. Food distribution has already started in Pakistan, Jordan and Egypt as part of the "100 million meals" campaign which aims to support disadvantaged communities in 20 countries, one of the largest food drive campaigns of its kind during the holy month of Ramadan. Low-income families, refugees,...
A young man named Khalid of Layyah, Punjab has developed an all-electric mini-tractor from commonly available components, according to a recent media report. The intention behind its creation is to reduce air pollution caused by toxic emissions from tractors with traditional internal combustion engines. Khalid told the media that the tractor was built at a cost of just Rs 40,000, adding that...
Islamabad: Foreign Minister Shah Mahmood Qureshi urged Egyptian companies to invest in Pakistan by highlighting the incentives the government is offering to foreign investors in various sectors, including housing, energy and health, Radio Pakistan reported on Wednesday, February, 2021. The FM is on an official two-day visit to Egypt at the invitation of it’s Egyptian counterpart, Sameh Hassan...
MODEL ECONOMIC ZONE TO BE SET UP UNDER CPEC: Minister A model economic zone will be set up under the second phase of China-Pakistan Economic Corridor (CPEC) to captivate the interest of overseas Pakistani and Chinese investors’. LAHORE: A model economic zone will be established under the China-Pakistan Economic Corridor (CPEC) to maintain the interests of overseas Chinese and Pakistani investors, while...
ISLAMABAD –Asad Ali Memon became the first Asian and Pakistani to climb Kilimanjaro, the highest peak (5,895 metres or 19,341 ft) on the continent of South Africa, in less than 24 hours. In a tweet, the 23-year-old said it took him 20 hours to complete the summit and return to the gate. He arrived at the "starting point: Umbwe Gate" of Mount Kilimanjaroon on the morning of February 14th,...
RUPEE STRENGTHENS AGAINST DOLLAR Rupee Strengthened Against the US dollar to 159.31 rupees The rupee strengthened against the US dollar to 159.31 rupees in the interbank market on Wednesday compared with a close of 159.34 rupees on Tuesday, according to the State Bank of Pakistan (SBP). Previously, the SBP allowed the rupee to depreciate massively in the interbank market after the completion of an...
Imran Khan thanks Overseas Pakistanis for ‘record-breaking’ month of remittances ISLAMABAD: Prime Minister Imran Khan thanked Pakistanis overseas after seeing a record breaking month of remittances of up to $ 2.27 billion in January 2021. Prime Minister Imran Khan said in his Twitter posts: "Good news from the industrial sector, which shows sustained growth." He said large-scale manufacturing saw...
On February 11,2021, the PTCL group successfully tested its 5G network in a controlled environment at its headquarters in Islamabad in a limited environment on a non-commercial basis to achieve download speeds of up to 1,685 gigabytes per second (GBPS). Speaking on the occasion, Syed Aminul Haque said: “I am delighted to be present at this crucial event as the PTCL Group takes an important step to...
'The developers of illegal companies will be penalized’ LAHORE: Punjab Minister of Law and Cooperatives Raja Basharat said those who have developed illegal housing companies across the province will face punishment and directive from Prime Minister Imran Khan as savings protection would be guaranteed to the poor. He said this on Tuesday while chairing a meeting of the National Coordination Committee...