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Technology and entrepreneurship are corner stones for human growth in this digital era. A product based fin-tech multinational with its premier client …
The objective of this visit visit is to gain more knowledge about the Free Trade Zone concept as well as the latest information and operations in Port.
I was compelled to start changing my mindset from 9 to 5 job to startup, even I had nothing in hand, in terms of financial resources but I only knew one thing that “when there is a will there is away”.
Swoosh members will compete to create digital kicks with the brand’s design staff and bag a royalty cut. But not even Nike knows how it’s going to work.
ISLAMABAD: Ignite signed a contract for launching its first vertical incubator in Aerospace Technologies in collaboration with Aviation City Pakistan (Pvt) Ltd.
Pakistan’s largest online food and grocery delivery service provider, foodpanda, has partnered with Oware Technologies – a rising supply chain technology company.
Allama Iqbal does not require any introduction. Every year on 9 November, Iqbal day is celebrated in Pakistan. Allama Iqbal played a significant role in the struggle for a separate homeland for Pakistanis.
Twitter on Saturday updated its app in Apple's App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform.
The airline will conduct flight operations in Karachi, Islamabad, Lahore and Peshawar on a daily basis, while four flights will be operated between Karachi and Quetta in a week. The ticket prices for flights start from Rs13,999, and the passengers will be allowed to carry luggage up to 10kg.
This partnership will enable KalPay, the nation’s leading Shariah Aligned B2C digital lender, to expand its offering of the most flexible and straightforward payment choice (Buy Now, Pay Later) for customers, while simultaneously leveraging the lending capabilities of Muawin, Pakistan’s renowned B2B BNPL financial lender, to empower merchants and businesses through working capital financing.
Hyderabad; Monday, 12th September 2022: The Ministry for Information Technology and Telecom (MOITT), and Ignite National Technology Fund launched their 6th National Incubation Center (NIC).
CCL has a more than 50-year history of contributing to society through its products, services, and awareness activities.
Scholarships to transform Pakistan's highly promising IT industry. "American IT giant wants to invest $3.5 million in Pakistan," according to Senator Afanullah Khan, claims that the sale of the 5G license would generate billions of dollars in foreign currency.
According to Minister for Finance Miftah Ismail, the flash floods in Pakistan have cost several sectors of the country's already faltering economy at least $10 billion.
These are the common remarks I have been receiving since I started my career in Shipping & Logistics (S&L) and trust me, working in the shipping industry is much easier than defining it to the people who do not belong to it but are deep down affected by the Global Shipping & Logistics by various means in their own professional & personal lives.
The web hosting company Cloudways, founded in Pakistan, was recently acquired by a company based in the United States. The partnership will likely boost the profile and morale of Pakistan's tech startup founders. A cloud-based hosting provider founded by a Pakistani has been acquired for millions of dollars, causing a flurry of celebration among entrepreneurs in the South Asian country, despite recent difficulties for the start-up ecosystem there.
Saudi state TV reported that the Saudi government was planning to invest $1 billion in Pakistan.
After extreme flooding in the district reached an out-of-control level due to record rains, the government of Khyber Pakhtunkhwa declared an emergency in Swat.
Following Best Practices – more IT training institutes adopt personality tests to ensure better success rates
The industrial education ecosystem is striving to ensure a better success rate for enrolled students. Some institutions show quick dropouts during the initial period through rigors to finally achieve a better overall result.
Pakistan will receive the $1.17 billion tranche from the International Monetary Fund (IMF) in six days following approval from the Executive Board, which is scheduled to meet on August 29, according to SBP Acting Governor Murtaza Syed.
The Qatar Investment Authority (QIA) intends to invest $3 billion in Pakistan, according to Qatar's Emiri Diwan on Wednesday, bolstering the country's cash-strapped economy.
Systems Limited, Pakistan's information technology firm, made history by becoming the country's only tech firm to be named 'Forbes Asia's Best Under A Billion' for the third time in a row. Forbes Asia recently published its annual list of the top 200 Asian-Pacific companies with consistent top and bottom-line growth and less than $1 billion in revenue. Systems Limited is one of 75 returnees who outperformed across all performance indicators and metrics. This award highlights Systems Limited's long-term viability, innovation, and consistent financial and business growth.
This is your chance to live life to the fullest. After years of devoting time and effort to your job, now is an excellent moment to pursue your interests. The problem is that shifting from a working to a retired lifestyle can be challenging, leaving some retirees feeling unmotivated and aimless.
Many people in Pakistan's northern and central regions, including those whose livelihood depends on uninterrupted internet service, recently experienced massive internet outages due to a technical fault in the Pakistan Telecommunication Limited (PTCL) optic fiber network.
The World Health Organization's (WHO) representative in Pakistan, Dr Palitha Gunarathna Mahipala, has stated that the country is facing a human resource for health (HRH) crisis, with available resources in the sector meeting only one-tenth of the country's needs.
Qatar is expected to provide $2 billion in bilateral assistance to Pakistan to help cushion its financial crisis and the risk of default.
Hundreds of thousands of people have been directly affected by raging flooding caused by relentless downpours across Pakistan in the last two days, which have killed hundreds of people.
Per Albert Ilsaas, the Norwegian Ambassador to Pakistan, stated that Norway has advanced expertise in the automobile, information technology, and renewable energy sectors. Pakistan's private sector can form joint ventures with Norwegian counterparts in these specific sectors.
Making the decision to become an entrepreneur is one of the most liberating and challenging decisions you will ever make. As the founder of a startup, you are suppose to make difficult decisions and endure several ups and downs, all while dreaming for a better future.
In light of the current flood situation in the province, Hafiz Muhammad Tahir, Secretary Health Department Balochistan, has declared an emergency in the health department. The secretary stated that medical teams were constantly engaged in providing medical services to the province's flood-affected areas.
The government has been urged to promote new healthcare solutions that make use of cutting-edge digital technology
The government should encourage new healthcare solutions that use cutting-edge digital tools to help people get timely, affordable health care.
On the second day of the 21st Session of the Joint Economic Commission (JEC) between the two countries, Pakistan signed three Memoranda of Understanding (MoUs) with Iran in the fields of maritime, museum, and information broadcasting.
Pakistan Telecommunication Company Ltd (PTCL) internet services are being disrupted across the country due to a "issue in data networks between South and North," according to reports on Friday.
TikTok, the popular video-sharing platform, has added a new feature that allows content creators to share their stories on Meta's social platforms, Facebook and Instagram.
valon has launched Pakistan's first technological city, Avalon City Islamabad, for people looking for economic residences that are also environmentally friendly. The project's goal is to provide residents with advanced technological solutions to solve their daily problems and keep them entertained with advanced services such as 3D theaters, virtual theaters, Wi-Fi trees, electric bikes, and other tech-based smart living solutions.
The Co-Founder of Spades, a payments solution based in the UAE, warns startups against “aggressive customer acquisition”
Adnan Haque, co-founder of a contactless payments solution used in 200 restaurants in the UAE, believes that startups that add value to a consumer's life will last in Pakistan, and he advocates against aggressive customer acquisition. His remarks come at a difficult time for Pakistan's startup community.
According to Pakistan's Finance Minister, the government led by Prime Minister Shehbaz Sharif is suffering as a result of the economic policies implemented by the former Pakistan Tehreek-e-Insaf regime led by ousted Prime Minister Imran Khan.
Homy Properties is a real estate firm that possess a team of real estate professionals, have vast experience in Saudi Arabian Real Estate market. They are adding value to Pakistani Real Estate Market through professionalism and the customer priority support!
The Pakistani rupee resumed its winning streak against the US dollar today, closing at 213.90 in the interbank market, amid increased confidence regarding the restoration of a halted International Monetary Fund (IMF) rescue package later this month.
Hayat Biotech, a UAE-based biotechnology business, showed interest in collaborating and investing in the digitalization of Pakistan's health sector on Tuesday.
Last year, on May 21, Amazon gave the opportunity to register seller accounts in Pakistan allowing Pakistani vendors to sell their items without needing to contact their overseas relatives to open an account for them. However, many Pakistanis took advantage of this opportunity, and Amazon has begun to actively suspend any Pakistani account that is involved in any type of fraud.
Chief Minister Mahmood Khan launched the monsoon tree planting campaign on Monday by planting an avocado sapling on the lawn of the Chief Minister's House.
DealCart, a social commerce company, announced that it has secured $4.5 million in a pre-seed round led by Shorooq Partners, barely four months after it began operations.
As Shakespeare said in his well-known writing, “All the world's a stage, and all the men and women merely players." They have their exits and their entrances; Life is like a stage, you come on the stage, perform your actions, and then you go away.
The State Bank of Pakistan has issued a commemorative Rs75 banknote to commemorate Pakistan’s diamond jubilee
The State Bank of Pakistan (SBP) presented the Rs75 commemorative banknote on Sunday to commemorate Pakistan's 75th anniversary of independence.
Pakistan has announced two deaths in the previous 24 hours caused by a novel coronavirus, bringing the total number of verified positive cases to 1,563,347. On Monday, the national death toll reached 30,529 people.
The Asian Development Bank (ADB) has identified six policy reforms to strengthen the railway system in Pakistan and throughout the Central Asian Regional Economic Cooperation (CAREC) region, stating that railways throughout the region should consider implementing key reforms to make them more efficient and financially sustainable.
The whole nation honors Pakistan's 75th Independence Day! Pakistan attained independence and became an independent nation on this day in 1947. This federal holiday also honors the contributions and achievements of Pakistan's founding fathers.
Scientists discover hints that may clarify why we experience fatigue after intellectually taxing activities
According to a recent study published in Current BiologyTrusted Source, the buildup of the neurotransmitter glutamate in the prefrontal cortex is linked to mental weariness.
An official told Reuters on Wednesday, without giving specific figures, that Binance, the biggest cryptocurrency exchange in the world, is experiencing an increase in customers as a result of rising inflation and a historically high dollar that has hurt emerging market currencies.
In order to meet the IMF preconditions for the release of two IMF tranches totaling $1.17 billion, the federal government has begun making preparations to introduce a mini-budget worth more than Rs40 billion.
The CEO of three startups with a base in Dubai predicts Pakistan’s venture capital industry will take off
Dubai-based The money pouring into Pakistan's startup sector via venture capitalists (VC) should have happened a decade earlier, according to Zohare Haider, founder of three startups including a digital agency and a restaurant information aggregator. He also predicts that the ecosystem will eventually find its footing.
Established in 2020 as an independent online store in Pakistan. Today, we are widely recognized as an online furniture store across Pakistan. Started with a small workshop based in Lahore.
Pakistan is making efforts to keep up with the rest of the world in the field of AI and ML with the help of brilliant minds. Due to Pakistan's limited resources, the majority of them continue to work for foreign companies.
Nisha Beauty Salon was pioneered by an enthusiastic woman who does not leave any stone unturned to achieve her goals. Her journey is inspiring and motivating at the same time.
Inter-Services Public Relations reported that Bill Gates and Co-Chair of the Bill and Melinda Gates Foundation (BMGF) General Qamar Javed Bajwa spoke on the phone and discussed the health situation, particularly the complete eradication of polio from Pakistan (ISPR).
The dynamics of a knowledge society and economy are forming, and information technology has taken on a crucial enabling role, emerging as a vital lever of economic progress.
Investors are on high alert for Pakistan to go bankrupt, following Sri Lanka, as the south Asian nation struggles with rising commodity prices and more stringent credit standards.
According to weather experts, Karachi is likely to experience yet another bout of intense monsoon rains from August 11–14.
Here is a wholesome narration of Mr. Muhammad Safdar’s interview (the Co- founder of Prismatic Technologies). He delved into his initial entrepreneurial journey and shared his opinions and advice on entrepreneurship, which he has gleaned through his sheer hard work and valuable experiences.
Every day, the world wants more innovation, which necessitates the involvement of more entrepreneurs in the solution of major issues. Small businesses are the engine of innovation and the economy's backbone.
Pakistan’s IT exports are expected to reach only $3 billion as compared to India’s $149.1 billion in FY22
According to actions taken to increase them, Pakistan will surpass its $3 billion objective for information technology exports this year, said Syed Amin-ul-Haque, the minister for IT and telecommunications.
The State Bank of Pakistan, the country's central bank, has instructed fintech firm Tag to "immediately" refund all customer cash due to "other issues" and regulatory violations, raising existential concerns about the startup's survival.
The first augmented reality (AR) business in Pakistan, InterApp, announced on Wednesday that it had raised $1.2 million in a pre-seed round of funding.
The rupee, which has been gaining versus the dollar for more than a week, did so on Friday in the interbank market.
The most recent WUENIC documentation of national immunisation coverage shows that Pakistan has improved its routine childhood immunisation rates in 2021 and decreased the number of "zero-dose" children (ZDC) who miss out on vaccines by nearly half – a strong recovery after the number of ZDC in the country rose significantly in 2020.
China has transferred a $2 billion loan in safe deposits for Pakistan's cash-strapped economy despite declining foreign exchange reserves.
On Wednesday, the rupee had its strongest one-day gain versus the dollar in the interbank market, gaining by Rs9.59.
The conversation covers a variety of topics, including his startup path, hardships, problems, lessons he learned, and his best advice for Pakistan's youth. Indeed, his startup serves as both an inspiration and a compass for Pakistani youth. Let's have a chat with the CEO.
The approval of the $1.2 billion loan tranche from the International Monetary Fund (IMF) was conditional on Pakistan's ability to timely obtain 'adequate assurances' from friendly nations for additional loans to close the funding gap on Tuesday, leaving Islamabad open to demands from its bilateral creditors.
According to Jonathan Siddharth, CEO and co-founder of the California-based IT firm Turing, Pakistan is quickly becoming a preferred destination for US businesses looking to expand their software development teams.
Four cities in Khyber Pakhtunkhwa have been reported to have cases of the poliovirus, according to the authorities. Peshawar, Bannu, Nowshera, and Swat sewage samples were collected for the test. Sewage samples from Islamabad and Rawalpindi have also contained polio. Additionally, 13 confirmed cases of polio in North Waziristan and one in Laki Marwat have been recorded by federal authorities.
The largest early-stage fundraising round in Pakistan was completed by the fintech business Dbank, and Sequoia Capital entered the startup sector for the first time.
In the Arabic language, 'Whale' is also called Quresh because it is the strongest animal in the water. Hence, the metaphor was deduced for Fehr Bin Malik’s descendants due to their strong and powerful influence on Arabs.
SEDA, which was founded in 1988, serves as a production base for numerous well-known biotech and auto companies, including BMW Group, Neusoft, Pfizer, NCR, and IKEA. Mr. Zhao Yongsheng, Director of the Management Committee of SEDA, spoke at the virtual event and emphasised their accomplishments.
The statistics office said on Monday that Pakistan's annual consumer price inflation increased to 24.9 percent in July from 21.3 percent in June, which was the highest level in 14 years.
Incubation centers should foster and nourish young minds to exclusively focus on their business models and create a sense of urgency to validate their products and services.
Based on information gathered for the [email protected] Salary Survey 2021, these rankings have been created. During the survey, a list of 38 universities was given to the 175 participating companies, and they had to rank them.
The price of one-tola gold touched an all-time high of Rs149,500 in the local market on Tuesday.
Despite the fact that the Pakistani rupee has been progressively losing value in recent months, its drop of more than Rs 4 from yesterday's closing has piqued the interest of the country's officials. Today, the rupee plummeted to a new low of 237 versus the US dollar in the interbank market. It finished at 232.93 per dollar on Tuesday. According to analysts, the mounting political and economic uncertainties in Pakistan has had a direct influence on the Pakistani rupee.
According to the Henley Passport Index for 2022, the Pakistani passport is the fourth-worst in the world, maintaining its position from last year and allowing access to only 32 locations without a visa.
Traders and businesses warned of a Sri Lanka-style crisis on Wednesday, urging the central bank to perform its regulatory role in limiting rupee depreciation and dollar hoarding to reduce speculation.
Experts in technology have urged Pakistan and China to enhance scientific and technological collaboration in order to strengthen strategic relations, create jobs, and boost economic growth.
Barrick Gold, based in Canada, is nearing completion of a framework deal with the Pakistani government to develop the Reko Diq copper-gold mine.
Senior Pakistani and Chinese officials met on Monday to examine the idea of expanding the China-Pakistan Economic Corridor (CPEC) to Afghanistan in order to foster economic development and prosperity in the war-torn country.
For the second day in a row, the rupee sank to an all-time low against the dollar on Tuesday, reaching Rs224 in the interbank market.
Startups from the Middle East, Pakistan, and Turkey received almost $5 billion in funding in the first quarter
Following a record-breaking 2021, startups in the Middle East, Africa, Pakistan, and Turkey continued to draw large sums of cash in the first half of this year, according to the most recent study.
After the International Monetary Fund (IMF) announced a staff-level agreement to extend the rescue package and boost its amount to $7 billion, Pakistan dodged the lingering default; yet, the international community was still exerting pressure to keep Islamabad on track.
By integrating independent contractors and utilising the potential of Pakistan's youth, who make up 63 percent of the population, the nation may significantly strengthen its economy. According to experts, Pakistan should begin trading services with its neighbours, particularly in the area of freelancing, by using a third party as a financial intermediary.
One of Pakistan's leading startups, Airlift, has stated that it will cease operations there, blaming the "global crisis and the current dip in capital markets" for the decision.
When the pandemic hit last year, thousands of sellers had to shut down and people were forced into lockdown. Panicked shoppers stripped stores of hands sanitizers, soap and groceries. Getting our lives back to normal seemed like a distant dream. In these tough times, Leyjao.pk, Pakistan’s homegrown e-commerce marketplace figured out how to use this rather unpleasant situation and turn it around. Finally, small sellers, consumers and workers - are all winning.
Elon Musk, the founder and CEO of Tesla and the richest man in the world, announced on Friday that he was cancelling his $44 billion plan to acquire Twitter because the social media business had broken numerous merger agreement clauses.
Small businesses are just as susceptible to cyber security risks as huge corporations, and they are particularly vulnerable in a nation like Pakistan where cybersecurity is routinely disregarded. Typically, owners of small businesses believe that their company is too small to be a target of any hackers, but this is untrue.
To reduce inflation, which is at a 13-year high, the SBP may boost rates by 125 basis points, according to experts
According to the median prediction in a quick survey of 10 economists and market observers, the State Bank of Pakistan (SBP) is likely to increase its key policy rate by 125 basis points at its review on Thursday in an effort to combat 13-year high inflation.
According to data released on Friday, consumer price index (CPI)-based inflation reached 21.3 percent on an annual basis in June 2022, up from an increase of 13.8 percent the previous month and 9.7 percent in June 2021, as rising commodity costs and a weaker rupee hurt the local economy.
Months after rolling over a USD 4.5 billion loan that was scheduled to be repaid this year, China has raced to help Pakistan once more by providing USD 2.5 billion in assistance to support the rapidly declining foreign exchange reserves of its cash-strapped all-weather partner.
Despite ongoing talks between Islamabad and the International Monetary Fund (IMF) to recommence the USD 6 billion rescue package from the IMF, Pakistan is on the edge of bankruptcy as the country's economic status is facing a dismal future with no immediate bright outlook.
In order to increase revenue as it works to complete a bailout agreement with the International Monetary Fund, Pakistan presented a number of proposed new taxes across broad swaths of the economy, including an additional one-time "super" levy on large enterprises.
VavaCars, sponsored by Dutch energy and commodity trading corporation Vitol, claimed it had ceased operations in Pakistan just over eight months after it disclosed obtaining $50 million. The online trading platform had previously stated that it will utilise the money raised to expand its operations in Pakistan and Turkey. The development on Thursday follows that statement.
After receiving assurances from Federal Minister for Health Abdul Qadir Patel on Wednesday that their concerns will be addressed, the employees of Pakistan Institute of Medical Sciences (Pims) have ended their protest.
In order to attend Collision Toronto Conference 2022, one of the major tech events worldwide, especially in North America, the Pakistani delegation, which consists of 15 executives from top ITC businesses, is in Toronto at the Consulate General's invitation.
To assist the country's cash-strapped economy in the aftermath of declining foreign exchange reserves and the depreciation of its native currency, Pakistan signed a credit facility agreement with a Chinese consortium of banks on Wednesday for 15 billion yuan (USD 2.3 billion).
Out-Class, a Pakistani EdTech firm, revealed on Thursday that it had successfully raised $500,000 in its seed round of funding. Along with other international institutional and angel investors, the House of Habib spearheaded the financing round.
Throughout the first ten months of the fiscal year 2021–2022, Pakistan made US $2,197.787 million by offering various information technology (IT) services in other nations.
On the invitation of its national partner, Tech Valley Pakistan, a worldwide Google delegation made up of Google Cloud, Google for Education, and Google Workspace employees based in Singapore, Malaysia, South Korea, and Australia visited Pakistan last week.
The US Geological Survey (USGS) said that an earthquake with a magnitude of 6.1 occurred early on Wednesday near Afghanistan and Pakistan.
"Discussions between the IMF staff and the government on policies to strengthen macroeconomic stability in the coming year continue, and significant progress has been made over the FY23 budget," IMF Resident Chief Esther Perez Ruiz stated in a statement.
DG Khan Cement Company Limited (DGKCC), a Nishat Group of Industries affiliate, has become the first Pakistani company to export cement to the United States, with a shipment of 50,000 tonnes of low alkali cement planned to leave Karachi Port for the United States on Tuesday.
The US dollar's depreciation against the rupee continued on Tuesday, with the interbank market hitting an all-time high of Rs212 at 1:15pm in intra-day trade due to a delay in the International Monetary Fund's (IMF) loan programme.
At an online signing ceremony, the Yunnan Academy of Agricultural Sciences (YAAS) of China and the Pakistan Agricultural Research Council (PARC) (recognised by the Pakistan embassy in Beijing) signed a Memorandum of Understanding (MoU) to boost agricultural cooperation between China and Pakistan.
Companies all around the world are adapting to a quickly changing work environment that relies on technological products and services to provide a better customer experience. Telenor Pakistan created Telenor Business Solutions last year to keep ahead of the curve and suit the evolving demands of businesses across the country.
Digital marketing is continuously evolving and expanding, but some significant changes are expected in 2022. Companies and brands must not only strategize for the future of digital marketing but also be ready to prosper on it. During the COVID-19 pandemic last year, marketers embraced digital transformation more than ever before as they reacted to continuously changing virtual and hybrid corporate landscapes.
The US dollar surged above Rs210 versus the local currency in early morning interbank trade on Monday, continuing its upward trend.
On Monday morning, the cryptocurrency industry was on edge as investors concerned that contagion from difficulties at large crypto firms might cause a massive shakeout if not addressed.
In Pakistan, Rider is taking a nimble approach to e-commerce logistics. Rider is on a mission to give "Amazon-like" next-day deliveries to online buyers in Pakistan. Y Combinatior, along with new investors i2i, Flexport, Soma Capital, and Rebel Fund, announced that the Karachi-based firm has raised $3.1 million in additional capital.
In the midst of a standstill over the IMF's criteria for reviving the $6 billion loan programme, Washington has "agreed" to assist Islamabad in negotiating a deal with the lender, according to a Daily Daily story published Monday.
Due to macroeconomic restraints, the CSE fell in the first hour of trading yesterday after beginning in the green, according to stock market observers.
Pakistan is hopeful of being removed from the Financial Action Task Force's (FATF) grey list, as a government official stated that "things appear to be going Pakistan's way" this time.
According to reports, a Pakistani e-commerce business has acquired $37 million in Series A funding, making it the country's largest-ever capital round.
Chaudhary Salik Hussain, Federal Minister for Board of Investment and Special Initiatives, and Ms Fareena Mazhar, Secretary BOI, are in Istanbul for the D-8 Investment Conference, which will be place on June 16, 2022, to commemorate the D-8 Organization's 25th anniversary.
Pandora Queen is a brand that creates jewelry or customized pieces of jewelry based on what customers want to wear in order to feel satisfied and beautiful.
Pakistan is currently confronting a difficult economic condition, according to the United Nations Development Programme (UNDP), with a debt of "almost Rs 50 trillion ($250 billion)".
According to a statement, Pakistan's exports to Italy have surpassed $1002 million in the first 11 months of the current fiscal year, with value added sectors becoming the key driver for the export market, which has now beyond $1 billion for the first time.
Miftah Ismail, the Finance Minister, has stated that eliminating petroleum product subsidies until July is necessary to keep the country from falling bankrupt, implying that fuel prices will rise again after breaking records earlier this month.
The 'NTinyE,' the country's first totally ingenuously designed microprocessor, has passed full functional testing at the National University of Sciences and Technology (NUST).
Hutchison Ports Pakistan, Pakistan's deep-water container terminal, has established a collaboration with The Hunar Foundation to help Pakistan's poor young children.
The Pakistani currency and stock market have fallen as the government’s budget fails to restore investor confidence
On Monday, the Pakistani rupee (PKR) and stock markets lost more ground as the coalition government's first budget for the fiscal year 2022-23 failed to restore investor confidence, contrary to market expectations.
Cash-strapped Pakistan, which is negotiating a rescue package with the International Monetary Fund, has increased its defence budget by 11% for fiscal year 2022-23, compared to the (Pakistani) Rs 1,370 billion budget projection for the current fiscal year, which ends this month.
Buzz marketer is primarily established with the vision to promote your business digitally.
According to the next PSDP, which will be unveiled in the National Assembly tomorrow (Friday), nearly 84 percent of the health budget, or Rs11.727 billion, will go to 31 ongoing projects, including a pitiful aid of Rs56.58 million, while only Rs2.272 billion, including Rs44.5 million in foreign assistance, will go to 11 new ones.
On Thursday, Pakistan and Korea signed a one-billion-dollar Framework Agreement in this city. Sardar Ayaz Sadiq, the Federal Minister for Economic Affairs, was present at the signing event. On behalf of their respective countries, Mian Asad Hayaud Din, Secretary, Economic Affairs Division, and Suh SangPyo, Ambassador of the Republic of Korea, signed the Framework Arrangement. The Republic of Korea will provide long-term highly concessional financing up to US$ 1,000 million under the signed Framework Arrangement (2022-2026) for the implementation of various development projects in health, communication, agriculture, and energy, with a special focus on information technology.
Pakistan achieves its growth objective as industries and services steer a ‘V-shaped’ recovery, according to the Economic Survey 2021-22
The coalition government reflected on the economy's performance in the previous fiscal year, which saw growth of 6% against a target of 4.8 percent. A day before announcing the budget for fiscal year 2022-23, the coalition government reflected on the economy's performance in the previous fiscal year, which saw growth of 6% against a target of 4.8 percent.
The National Assembly passed "The Export-Import Bank of Pakistan Bill, 2022" with a majority vote on Thursday, with the goal of establishing a facility to promote foreign trade.
An Odyssey: From Life to Business Partners – True rags to riches example of a couple who started with nothing and achieved financial freedom not only themselves but are impacting millions of livelihoods through their persistent efforts, strategic approach, visionary choices and commitment to serve.
People who want to trade cryptocurrencies and those who are already trading in cryptocurrency face losses due to market movement. And they can not figure out which coin to buy or sell according to market movements. And those who are not facing losses sometimes cannot figure out which coin has potential to grow, as there are 10,000+ cryptocurrencies and it is humanly not possible to look them all and decide the next move of market. So, here comes Onion Crypto Signals Mobile App.
According to Google's Nation Director for Pakistan, Farhan Qureshi, more than 55% of the viewership of Pakistani YouTube channels comes from outside the country, demonstrating that content made by local YouTubers is extremely popular around the world.
On Thursday, the federal government will release the Economic Survey of Pakistan 2021-22, a pre-budget document that shows a solid 5.97 percent GDP growth rate, a bigger Current Account Deficit of over $13.7 billion, and a mixed trend of performance by key macroeconomic indicators over the year.
On May 31, 2022, the international community commemorated World No Tobacco Day. However, the Day in Pakistan reminded us all of the sordid reality that cigarette affordability, a critical weapon for reducing smoking, has increased in Pakistan over the last three years, because the Cabinet approved the additional imposition of Rs 10 tax per packet, which has remained a dead letter.
Oddly, hearing a story is always inspiring. There’s a struggle at the beginning and something great always at the end. In real life, however, there is no end to the struggle. There’s always something to be dealt with. There are prosperous peaks, but there are milestones and a never-ending journey. My journey is as life-like as can be. It’s a continuing struggle. There is a pleasure I’ve seen within this chaos.
Phantom Republic®, inspired by our grandfather's (Haji. Zahoor Elahi) legacy Great Heart Gallant (G.H Gallant) which he founded in 1933 Sialkot City (Before Partition) India, is also its Trademark. The company introduced its products by making its first export in 1941. British government who was the ruler of India at that time was also one of the buyers of our products, which was a pride for our company.
After an alarming increase in cases last week, Pakistan's polio eradication programme is in disarray. In the North Waziristan district, on the Afghan border, eight cases of polio have been documented in youngsters in the last month. It's the first time in almost a year that there have been any cases.
Itrat Hussain, Director General (DG) IT of the Faisalabad Electric Supply Company (Fesco), said on Tuesday that Fesco is working hard to provide the best possible service to its customers, and that to that end, all offices are being equipped with cutting-edge technology so that customer complaints about electricity can be resolved quickly.
On Tuesday, Prime Minister Shehbaz Sharif emphasised the importance of establishing an economic charter, adding that all stakeholders should work together to develop a framework for attaining economic growth.
Farmdar, a Karachi-based agritech firm, has won $1.3 million in seed funding, which is a significant success for Pakistan. This is good news because such firms have the potential to transform Pakistan's agricultural industry.
Every economist is a human being and just like all human beings, some are pessimistic and some are optimistic.
Lahorestores.com is a homegrown ecommerce marketplace that caters to the all customer needs and plans to become the number one online retailer in the region, supporting a dynamic digital economy for both consumers and local businesses. lahorestores.com is setting a new design standard for online shopping in the region.
During the Covid-19, a Pakistani 'foodpreneur' achieved history by earning double awards from the Queen for his services to business and charity.
The government has convened a meeting of prominent economists, industrialists, and businessmen to discover short-, medium-, and long-term answers to the country's extraordinary economic crisis, as well as provide relief to inflation-affected citizens in the upcoming federal budget 2022-23.
According to a research on tax evasion in five industries, including tea, tobacco, tyres and auto lubricants, medicines, and real estate, the country's shadow economy accounts for nearly 40% of GDP and 6 percent of GDP is stolen every year.
Minister for Climate Change Sherry Rehman expressed concern over the escalating global climate catastrophe on Sunday, saying Pakistan will be among the first five countries to run out of water if no quick action was taken.
According to a recent survey, about 94 percent of startups fail in their first year. One of the most common reasons is a lack of funds. Money is the lifeblood of any business. Entrepreneurs are a brilliant and hardworking bunch, but many are unsure how to fund their new venture, preferring instead to concentrate their efforts on a core service.
Social commerce is an emerging phenomenon across the world, gained momentum during COVID 19 pandemic and is witnessing an unprecedented interest and engagement across the globe. Vintega Solution, a startup formed in the year 2020, with the clear vision to promote social commerce in Pakistan and give online shoppers this brand new shopping experience.
To promote widespread adoption of climate-smart agriculture, Pakistan has to empower agriculture and livestock farmers through expanded use of technology. To adjust the food system to increasing food and energy prices, more focus and efficiency in government expenditures are also required.
Indonesian Ambassador to Pakistan, Adam Mulawarman Tugio, stated on Sunday that Indonesia has withdrawn the global restriction on palm oil exports last week, adding that the availability of palm oil in Pakistan would now be improved.
I’m Vivek Anand aka Slim Coder, I introduced Slim Coder to the world when I was listening to the best rapper of all time Eminem aka Slim Shady back in 2020, I started Slim Coder as a personal brand instead of using my name, because I was a very shy person back in 2020 and then started my brand with 0 Investment by creating a GitHub account with a low-quality logo which I found on the internet, and then started creating tech content on different platforms as Slim Coder i.e Facebook, YouTube, LinkedIn, etc and now I’m a micro-influencer with more than 10K+ audience combined on all platforms. We have a team of more than 10 people working together to achieve our goals, which is to fix the education system and teach students computer skills globally now we are everywhere on all social media platforms.
In the current fiscal year, Pakistan's exports to Afghanistan fell drastically while imports rose sharply, resulting in a bilateral trade balance in favour of the war-torn neighbour for the first time.
Anmol Network, the provider of a Web3 multichain site focusing on simplicity of use and accessibility, has raised $1 million in seed …
Truck It In announces’severance packages’ after disclosing a $13 million fundraising round in February
Truck It In, which launched in August 2020 with the goal of making freight transit more efficient by linking truckers and shippers via an online platform, announced that it is "recalibrating its approach," which means some staff will "go on to solve other challenges."
Swvl has put a halt to intra-city rides in Pakistan, only days after announcing employment layoffs worldwide
Swvl, an Egypt-born, Dubai-based business that entered the Pakistani mass transport market in 2019, has declared that, "in light of the global economic slump," its intra-city services in Karachi, Lahore, Islamabad, and Faisalabad will be suspended beginning June 3rd.
In the past, there was a need to highlight the name of Pakistan in the updated digital world. SUFI MARKETING Agency came into existence with the intention of advancing Pakistani businesses worldwide. They serve Pakistani young entrepreneurs’ businesses through their best digital marketing services. SUFI MARKETING is a digital marketing agency that aims to provide its services to Pakistani businesses.
Bitcoin, the world's largest and most popular cryptocurrency, fell 6.9% to, 29,555.35 on Wednesday at 22:03 GMT, losing 2,262.81 from its previous close.
Amid a weakening currency, rising food and fuel prices pushed Pakistan's headline inflation to a two-year high in May. Consumer prices rose 13.8 percent this month from a year earlier, according to data released by the government on Wednesday. This is lower than the average estimate of 14.4% growth in economists' Bloomberg survey and compares to 13.4% growth in April. Rising global commodity prices and rising imports are fueling Asia's second-fastest inflation. The country's central bank has already raised interest rates by 675 basis points to stem rising prices.
Pakistan and Turkey on Wednesday vowed to enhance their strategic and economic relations and agreed to take measures for eliminating terrorism.
Remember, only YOU can make the difference for yourself! We are responsible for our success and for this, passion & hard work are all you need. - Mahe Zehra Husain
Polio is a thing of the past in most areas of the world, and it must become so in Pakistan as well. Our mission is to get the polio vaccine to every child and secure a polio-free planet for future generations.
There is no promise of Russian oil, and polls will be held only once the economy has been stabilised: Miftah
Miftah Ismail, Pakistan's finance minister, said on Tuesday that if offered and if Russia would not impose sanctions on Islamabad, Pakistan would buy oil and food at lower prices from Russia. He added, though, that Moscow had not made such an offer as of yet.
Johnson and Shehbaz Sharif discuss commerce between the UK and Pakistan, as well as the turmoil in Ukraine
On Monday, UK Prime Minister Boris Johnson spoke with Pakistani Prime Minister Shehbaz Sharif about a variety of problems, including trade, Afghanistan's human rights situation, and the Ukraine war.
The Federal Investigation Agency (FIA) has dismissed rumours that Facebook, which is owned by Meta, is establishing a permanent presence in Pakistan.
Pluton Software House is a gathering of inventive masterminds who have assembled a business to change Pakistan and the world.
With a history of effective answers and solutions for complex business issues, Pluton is a worldwide power for carefully determined change.
A line that I heard many people utter, but never really truly understand it. In 2011, I first got into academics as a teacher. The entire concept of being able to mentor and teach the students the same way as my teachers mentored and taught me was inspiring. However, ten years down the road I realized that it wasn't the case. The curriculum that was being taught to the students was becoming irrelevant with passing time. It had become a business for the education providers and a social symbol for the students, where the students would pay heavy fees not to get quality education but rather just a mere degree for the sake of its name.
Students in Pakistan are often uncertain about their admissions in school, college and universities. Parents have to go through lots of research in order to choose the best institution for their child based on the academic background of the student and the financial constraints of the family. Once the School is decided for admission, both students and parents have to go through lots of hassle in order to complete the process and secure admission in the school. On the other hand admission to professional and medical schools, in particular, has always been the subject of social contention.
The importance of a person’s body language can never be underestimated. This is the non-verbal communication that we use all the time in our society as well as in professional life
I have been freelancing for over 2 decades now. It is not a smooth ride. Some days are good and some days are not so good. This is the year 2022 and after having worked for over 2 decades, living a freelance life is something I am proud of.
Many successful entrepreneurs chose to learn through experience rather than through regular school courses. Having a small business under your belt demonstrates leadership abilities and initiative, in a way that a report card can't. Don’t forget that you're still young and can change your mind at any time. Whatever your immediate plans are after graduation—college, a gap year, or jumping immediately into a job— you can always go for entrepreneurship and build your future on your own.
The federal government issued specific instructions to all national and provincial health authorities on Monday, advising them to be on the lookout for any suspected cases of monkeypox, a viral disease that has been spreading across Europe and worldwide in recent days.
Pakistan will require $36 billion to $37 billion in finance for the fiscal year beginning in June, according to Finance Minister Miftah Ismail. This year's funding gap, according to Morgan Stanley, could be as high as $8 billion. The need for an IMF rescue has grown urgent, since countries who have traditionally been generous lenders are now treading more carefully.
SWVL, an Egypt-born and Dubai-based mobility business, announced today that it plans to lay off 32 percent of its workers.
Syed Amin-ul-Haque, the Federal Minister for Information Technology and Telecommunications, stated on Monday that Pakistan will surpass the $3 billion target for IT exports this year as a result of efforts taken by his ministry to enhance the industry's growth, according to APP.
China has chosen to invest in Pakistan in the manufacturing of electric vehicles (EVs) and the agriculture sector in order to boost economic activity in the country. According to a senior official of the Board of Investment, investment in both areas will result in growth and new job possibilities in these industries. He stated that China's Optima Integration Group has partnered with Pakistan's Asia Pak Investments to spend $50 million in the first phase in Gwadar and Karachi's agriculture, power, and logistics sectors.
Blockchain researchers discovered a hacker stealing NFTs worth $1.4 million from a single crypto collector.
Zafar Bakhtawri, former President of the Islamabad Chamber of Commerce (ICCI) and senior leader of the FPCCI's United Business Group (UBG), said the current $4.18 billion annual trade volume between Pakistan and Africa was far below its potential in the region, which could be doubled in the next three years.
The Pakistani government surprised the world by raising the price of petroleum products by 30 PKR per litre, or one-fourth of their current price, opening the door for a staff-level deal with the International Monetary Fund (IMF) by June 12.
First off, something we are NOT. We are not a Travel Agency - this immediately gives us an edge since we are not tied to any Airlines, Hotel groups, packages or anything else.
The Supreme Court ordered the government to help the PTI stage a rally between the H-9 and G-9 regions of the federal capital on Wednesday.
Police battled with PTI activists in various regions of the country after authorities attempted to stop them from travelling to the capital, where former Prime Minister Imran Khan prepares to hold a massive political rally.
Airlift is undergoing a strategic realignment to minimise operating space and focus more on critical areas that create sustainability and profitability in light of the substantial slump in global financial markets.
Pakistan's First on-Demand Virtual Accounting, Financial, and Taxation Firm, providing an AI-powered cloud-based virtual manager backed by industry experts (CAs, CFAs, and others). Umer F, who has been a part of the eco-system for a time, has put his all efforts being co-founder and established Indaraj as one room which takes care of all your accounting, financial, and taxes needs while you're on the go, whether you're travelling or working on a business project. With our simple subscription options, you no longer have to pay the high fees that accounting professionals generally charge.
According to the latest numbers given by the State Bank of Pakistan, China remains the leading supplier of imports for Pakistan in April 2022, followed by the United Arab Emirates, Saudi Arabia, Qatar, and Singapore (SBP).
Shehbaz Sharif, Pakistan's prime minister, claimed on Monday that Imran Khan intends to start a "civil war" in the country, a day after Khan's supporters called for a peaceful march to Islamabad on May 25 to demand the dissolution of the National Assembly and new elections.
On Monday, Pakistan launched a new anti-polio campaign, more than a week after officials discovered the country's third case of the year in the country's northwestern border region with Afghanistan.
Over the two days of the Research and Technology Showcase 2022 exhibition, which was jointly organised by NED University of Engineering and Technology and Sindh Higher Education Commission at Expo Centre and concluded on Friday, large crowds came to see ideas for innovative solutions to everyday pressing issues.
Many successful entrepreneurs chose to learn through experience rather than through regular school courses. Having a small business under your belt demonstrates leadership abilities and initiative, in a way that a report card can't. Don’t forget that you're still young and can change your mind at any time. Whatever your immediate plans are after graduation—college, a gap year, or jumping immediately into a job— you can always go for entrepreneurship and build your future on your own.
SkyDigitive started in 2020. It was founded by a group of three friends when we were talking about business opportunities in Pakistan and whether we would do something to establish a job for ourselves. We started searching for different fields in Pakistan where we could do something that was independent work and didn’t have the pressure of time and work like in the jobs we have now.
The "Invest in Pakistan" Forum was conducted in Silicon Valley's San Jose. Ambassador Masood Khan thanked the audience from Pakistan and across the United States, including members of the US government, for attending the event, praising the organisers and speakers/panelists for their efforts in showcasing Pakistan's enormous potential to grow exponentially in the IT and Tech sectors.
Pakistani startups are gaining international attention. A startup digital bank recently announced its intention to join the UAE's system. Pakistan's first digital bank is among the 16 new companies that have joined Hub71, Abu Dhabi's global innovation ecosystem. By establishing offices in Abu Dhabi, the new startup cohort, which has already raised over Dh231 million in capital, will be able to build sophisticated technologies and have access to Hub71's market, investment, and talent.
Abdul Qadir Patel, Minister of National Health Services (NHS), reaffirmed his commitment to eliminating polio in Pakistan on Friday, and urged parents to help make the eradication campaign a success.
Meta Platforms CEO Mark Zuckerberg stated at WhatsApp's messaging event on Thursday that the firm is giving free cloud-based API services in an effort to entice more businesses to use the app.
Hitek trainings is a well-defined institute where skills are on the first demand. They have well-mannered staff members who are available 24/7 to pay keen attention to all the students and clear out all the queries which they are facing while working. Students have complete WhatsApp access throughout the course as well as they are a part of the counseling sessions which are specially arranged by the CEO of Hitek Trainings Sir Sheharyar Khan, who himself is an encyclopedia of Social Media Marketing.
It is said that, “Great minds produce successful entrepreneurs, and successful entrepreneurs build up giant enterprises.” Today, Pluton has an array of IT solutions that provides its services across the globe.
Pakistani businesses received around $350 million in funding previous fiscal year and $189 million this fiscal year; yet, most of that money never made it to Pakistan since venture investors held their cash outside the nation because to transactional issues.
Over a dozen young researchers and healthcare professionals from across the country were selected for research in the areas of paediatrics, diabetes, hypertension, cardiology, endocrinology, gynaecology, orthopaedics, infectious diseases, and other key segments of health sciences in the first initiative of its kind in Pakistan, with a timeline to complete their studies within 18 months.
According to a recent joint audit by two research companies, almost 23.42 percent of Elon Musk's 93 million Twitter followers are fraudulent or spam accounts.
If you are looking for a property; house or plot to buy in Pakistan for the first time, we have laid out the step-by-step process. In Pakistan, investing in real estate is the most profitable of all similar businesses. The benefits of investing in real estate are completely unparalleled. Similarly, purchasing a property, whether it is a plot, a house, or business space, provides a high Return on Investment (ROI).
Covid 19 – the abrupt chaos, fear, panic, social distancing, isolation, global shutdowns, deaths, cries and indeed a complete halt to daily hustling and living patterns all across the globe. It would be an understatement to say that the novel coronavirus pandemic has altered the planet.
Industry executives said that a 15% tax on cryptocurrency trading could bring in at least $90 million (about Rs19 billion) per year if strict restrictions are implemented.
Today, crucial negotiations between Pakistan and the International Monetary Fund (IMF) began in Doha to revive the stalled $6 billion Extended Fund Facility (EFF) programme.
Zindigi Future Fest, the country's largest tech conference and expo supported by JS Bank, concluded on Sunday with a panel discussion on the future roadmap.
Sinovac representatives have shown an interest in developing collaborations for the diagnosis, prevention, and treatment of diseases through investing in Pakistan's health sector.
Special Economic Zones in Pakistan and Procedure to apply for allotment of industrial plot in Pakistan’s SEZs
Establishing Special Economic Zones (SEZs) in a county is a fruitful strategy for promoting trade, employment and economic growth of that nation. A Special Economic Zone (SEZ) is a specific area of the land used to promote industrial growth in a country by providing more lenient economic and tax policies as compare to general economic policies in a country.
‘We follow the teachings of Prophet Muhammad (SAW). We are members of the brotherhood of Islam in which all are equal in right, dignity and self-respect. Consequently, we have a special and very deep sense of unity.’- Quaid-e-Azam Muhammad Ali Jinnah
MEDZnMORE had raised $11.5 million in a pre-Series A fundraising round, making it the largest such deal for any health-tech business in Pakistan.
After a $1 million pre-seed round, Pakistani mobility startup ezBike will begin selling electric scooters
Following a million dollar pre-seed financing, Pakistan's electric mobility company ezBike wants to start selling electric scooters.
Thousands of people have been afflicted with cholera connected to contaminated drinking water in central Pakistan, which is grappling with a water shortage aggravated by a blistering heat wave in South Asia.
Ambassador Masood Khan thanked the audience from Pakistan and across the United States, including the US government, for attending the event, praising the role of the organisers and speakers/panellists for their dedication to showcasing Pakistan's enormous potential to grow exponentially in the IT & Tech sector.
We have all seen various eras of computing. From the mainframes of the 1960s and 1970s to desktops in the 1980s and 1990s followed by cloud computing of the 2000s where data center companies like Google and Facebook owned all user data, the world is now transitioning into the next era of computing - the era where our data will be owned by us and no third-party platforms.
The thriving local tech industry has become increasingly supportive of new innovations, one such creation is Pakistan’s first locally manufactured ‘smart wheelchair’, GOBEE.
Cellular phone firms have raised the rates for call and internet bundles once again. Jazz, Zong, and Telenor have all raised their call and data bundle prices.
The Federation of Pakistan Chambers of Commerce and Industry is working to create strong relations with the UK Chamber of Commerce (FPCCI)
Syed Ali Amjad, Chairman of the International Professional Council (IPC), led a delegation to meet with Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). Mr. Suleiman Chawla, Senior Vice President, FPCCI, Mr. Sabahat Ali Suleiman, Vice President, Mr. Saqib Fayyaz Maroon, and Engineer Mr. MA Jabbar were also present.
According to data site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.
Due to political instability, inflation fears, and a lack of clarity on the resumption of the International Monetary Fund (IMF) programme, the Pakistan equity market was under pressure throughout the day.
A German corporate group will travel to Pakistan to investigate investment possibilities.
We provide simple smart solution devices for everyday life using system of Internet of Things (IOT). Our wide range of devices cater everyday needs of security and energy efficiency for homes, hotels and offices; as well as for corporate, industrial and educational institutions. Equipped with latest cloud computing and Artificial Intelligence (IA) technology, Okasha Smart® products are an attractive combination of design and technology which makes them more secure, user-friendly and affordable.
Financial technology has irrevocably revolutionised the financial services industry in less than a decade. Fintech firms are challenging the banks' monopoly and have the potential to become household names. Alif Bank's country representative in Pakistan, Mahmood Shamsher Ali, explains why Pakistan is ripe for a fintech revolution.
After a national holiday tempered by the coronavirus curbs, millions of people in Beijing returned to work, many remotely, with scores of subway stations closed.
Prime Minister Shehbaz Sharif thanked the World Bank for its assistance in Pakistan's socioeconomic development on Tuesday.
The US Patent and Trademark Office has given Apple Inc a new patent that adds a new hinged keyboard to the iPad with different installation options and better flexibility. According to the patent, the iPad might adopt a macOS user interface.
Women are acknowledged as successful entrepreneurs in modern times because of their strong drive, qualities, and ability for economic development. Women's entrepreneurship is a developing global phenomenon that contributes to economies by creating jobs and improving economic growth. Women in Pakistan have unquestionably stepped out from their traditional lifestyle and excelled in a variety of disciplines including journalism, philanthropy, information technology, engineering, and politics.
"Side-eying Chloe" Clem, a young girl who became a sensation on the internet after a photo of her looking dissatisfied went viral, is auctioning off the original image for thousands of dollars. It's being sold as a "non-fungible token" (NFT), which allows users to possess the original digital image. NFTs are being welcomed as the digital answer to collectibles, similar to how Bitcoin was heralded as the digital answer to currency, but many skeptics believe they're a bubble ready to explode.
Doing your homework is what is meant by due diligence. It's critical to know what you 're purchasing and what you' 're getting into before committing to an investment. Due diligence can reduce your odds of making a bad investment, paying too much for an investment, and increasing your chances of receiving a return on your investment. As a result, if you're interested in investing in a startup, you should take a few precautions before purchasing anything or investing in any startup.
Wayfits was primarily established with the vision of promoting locally produced original leather products to consumers. Alas, In Pakistan there has always been a compromise on providing value to customers and they have been offered over-priced and low quality leather products with very limited options.
PTI Chairman Imran Khan would introduce a smartphone application to enhance the party's membership, according to senior PTI official Asad Umar.
On Monday, Pakistan reported the first instance of the latest Omicron sub-variant, BA.188.8.131.52, which is responsible for a fresh wave of Covid-19 infections around the world.
Markaz Technologies, an Islamabad-based startup, revealed on Tuesday that it had received $2.4 million in seed funding from Indus Valley Capital (IVC).
Syed Amin-Ul-Haque, the Federal Minister for Information Technology and Telecommunications, announced on Monday that 272 start-ups have graduated from Ignite's National Incubation Centre, with a total investment commitment of Rs8 billion and cumulative revenue of Rs3 billion. In the last three and a half years, these nascent companies have created over thousand new jobs.
“No nation can rise to the height of glory unless your women are side by side with you.” (Quaid e Azam -1944) Without women's empowerment, no country has accomplished economic or social progress. Women are an important component of society. Also, women entrepreneurs serve as role models for other women who want to establish their own enterprises. As a result, more jobs are created for women, which helps to close the gender gap in the workforce. Here are some prominent business women in Pakistan that we must look up to.
Vceela is a social enterprise empowering the artists and artisans of Pakistan by connecting them to local and international markets through their e-commerce marketplace (vceela.com). They are working with more than 50,000 artisans across Pakistan to revive the culture and heritage of the country, making sure that the businesses of our craftsmen continue to thrive.
Religiosity is an element that one envisions through his heart, his conscience's vibrations and his particular attitude. The religious beliefs of people impact their various facets of life along with their living standards.
SolarNest provides ease in the installation process by making it smooth. We ensure the customer’s satisfaction by providing them the multiple options by different companies and helping them to choose the best one among them.
The Federal Investigation Agency (FIA) issued a warning on Sunday to overseas Pakistanis accused of committing crimes on social media that their names could be added to the Exit Control List (ECL) and red alerts issued by Interpol to arrest them.
Amer Hashmi, chairman of the Special Economic Zones Authority (STZA), said that technology has the ability to boost Pakistan's GDP, and that the incoming administration should make it easier for STZA to attract investment, technology, and jobs for individuals with technical skills.
Pakistani health officials have denied a WHO report on coronavirus deaths around the world, claiming that Pakistan "carefully" documented the deaths using a "meticulously developed" sickness and death reporting system.
Prime Minister Shehbaz Sharif has stated that Pakistan provides enormous prospects for technology investments, and that foreign tech companies will be aided in all aspects of investment and expansion.
If we fall back on history, it is clear that a faster route to massive socioeconomic development of nations came about through the entrepreneurial route. We can analyze from the latest case study of our neighbor China.
I am Syed Muhammad Awais Naqvi, the one who initiated MILKIFY Pvt. LTD. It all started in 2018 when I completed my bachelor’s in product design. I had to come up with an idea to pitch in for my last year’s project and I started thinking of one while pondering it dawned on me that I should think of one which will solve major issues of the system.
The Pakistan Meteorological Department (PMD) forecasted another round of scorching temperatures for the coming week, urging people to avoid unnecessary exposure to direct sunlight and to use water wisely.
Around 25% of individuals in Pakistan use prescription medicines without consulting a doctor, according to health experts, who advised consumers and doctors to use "evidence-based medicines and interventions" for the treatment of communicable and non-communicable diseases (NCDs).
Siemens (Pakistan) Engineering Company Limited has been granted an Engineering, Procurement and Development (EPC) contract by Karachi's power company K-Electric for the construction of a 500/220 kV grid at KANUPP - K-Electric Interconnection (KKI).
According to a securities filing on Thursday, Elon Musk has raised $7.1 billion for his Twitter takeover from investors including Oracle founder Larry Ellison and Saudi Prince Alwaleed bin Talal.
According to a statement published in this regard, the Pakistani government on Tuesday issued the timetable for the Eid ul Fitr vacations, which will begin on May 2 (Monday).
As temperatures continued to rise ahead of an expected heatwave, the threat of load shedding crept throughout the country, leaving homes and businesses in the dark.
According to a Tweet on Thursday, Tesla Motors CEO and SpaceX creator Elon Musk stated he will buy the Coca-Cola beverage firm and recommended reinstating cocaine to the drink.
A former top-ranking State Department official is set to plead guilty for improperly helping a wealthy Gulf country try to influence US policy and not disclosing on a government ethics form gifts he received from a disgraced political fundraiser, an American wire service reported.
Apple has opened a store in the United States with over 200 individual parts and tools that can be used to repair the iPhone 12, iPhone 13, and third-generation iPhone SE.
Oware, a B2B warehouse and distribution firm based in Pakistan, has received $3.3 million in pre-seed funding.
Pakistan has nominated a top public health specialist to the World Health Organization (WHO) and other UN organizations
Pakistan has nominated Prof. Dr. Shahzad Ali Khan, Vice Chancellor of the Health Services Academy (HSA) Islamabad, to the Policy and Coordination Committee (PCC) of the Special Programme of Research, Development, and Research Training in Human Reproduction (HRP) in Geneva, Switzerland, for the first time in the country's history.
According to Google, companies and brands with an operational, well-executed digital marketing strategy have 280% better revenue growth expectancy. More than that, they have a 3.3 times higher chance of enhancing their business and workforce.
PML-N Quaid Nawaz Sharif has received a passport from the interior ministry, allowing him to travel to any country in the world.
Pakistan has requested an increase in the size and duration of its $6 billion International Monetary Fund (IMF) programme, according to Miftah Ismail, the country's finance minister.
Pakistan has recorded two deaths from novel coronavirus in the last 24 hours, bringing the total number of positive cases to 1,528,178. On Wednesday, the total number of fatalities in Pakistan was 30,371.
Following Elon Musk's $44 billion purchase of Twitter, the social media network is seeing enormous deactivations and dramatic changes in the following numbers.
Are you passionate about starting your own business to work from home? Do you have skills but don't know from where and how to start? Or are you still looking for a great business idea to start with? If yes… then this article would surely help you to know about 15 business ideas with no or low investment in 2022.
I am an Entrepreneur | Interior Design Consultant & in Furniture Production, A Realtor Property Advisor & an Educationist.
Mufti Abdul Shakoor, the Federal Minister for Religious Affairs and Interfaith Harmony, has announced that Eid ul Fitr will be celebrated on the same day across Pakistan this year.
Engineer Ahmad Hassan, Chairman FCCI standing committees on Research & Development and CPEC, stated that Pakistan must devise a new strategy to reduce imports by developing an import substitution industry on a fast-track basis in order to overcome the negative effects of the Russia-Ukraine conflict on the Pakistani economy.
After authorities discover the country's first instance of the devastating neurological disease in 15 months, Pakistan's prime minister says he will convene an emergency meeting of a national task force for polio eradication.
Elon Musk has agreed to buy Twitter for $44 billion in a deal that will give the world's richest man control of a social media platform with over 200 million members.
It all started when I was in 7th grade. I always wanted to start my own business with my friends so we can be together for work and fun.
Amazon has recently become a very popular and heard term among Pakistanis, and many have already jumped on board and begun their e-commerce journey. Amazon has played a critical role in shifting Pakistanis' interest from brick-and-mortar stores to online and e-commerce firms.
The idea of having to watch yourself work out is unappealing to most people, including fitness enthusiasts.
Tajikistan-based, Mahmood Shamsher Ali, Country Representative Alif Capital Holdings, claimed that Alif is trying to penetrate Pakistan's fintech industry to cater to Pakistan's massive 'unbanked' population.
According to reports in the media, Pakistan and the International Monetary Fund (IMF) have agreed in principle to prolong the delayed bailout program for up to a year and increase the loan size to $8 billion, providing markets with much-needed stability and breathing space for the incoming government.
When I reflect upon my past it does not have any extraordinary element to it. I lived in a small-town Allahabad, Bahawalpur, and was never one of those children who knew their ambitions from a young age.
During the undergrad program at Lahore University of Management Sciences (LUMS), Hamza Iqbal suffered from a back injury while playing football which …
Shell Pakistan Limited (PSX: SHEL) reported a 6.7 percent year-on-year increase in net earnings to Rs2.1 billion (EPS: Rs9.72) in the first quarter of CY22, compared to Rs1.9 billion the previous year.
Marriyum Aurangzeb, Pakistan's newly-appointed communications minister, said on Thursday that former Prime Minister Imran Khan received a meagre 20% retention payment and gained Rs 142 million by selling state presents from the Toshakhana.
medIQ, launched by Dr Saira Siddique in July 2020, revealed that it has raised $1.8 million in early-stage finance, continuing the fund-raising frenzy of Pakistani entrepreneurs.
NASA recently reported that a doctor was dispatched to the International Space Station as a hologram for a virtual 3D telemedicine consultation.
There was a time when the world was moving at a fast pace till the sunset of 2019. Everyone was making preparations to celebrate a new year and busy in making their new year resolutions to welcome 2020 with great zeal.
According to figures from the State Bank of Pakistan (SBP), foreign direct investment (FDI) into Pakistan saw a net outflow of $30.4 million in March, compared to an inflow of $173.4 million in the same month previous year, as multinational firms (MNCs) took out some of their investment.
In 2021, Pakistan saw an unprecedented spike in antibiotic usage, with bactericidal medications worth Rs120 billion taken, according to officials and specialists, who believe that over 70% of antibiotics consumed by patients were unneeded.
Pakistan’s education system will be revitalized by smart classrooms equipped with superior Chinese technology
Smart Classrooms, a China-Pakistan Economic Corridor (CPEC) project, is gaining traction in 50 universities across Pakistan, with the potential to breathe fresh life into Pakistan's education system in the near future.
The previous record of 44K individuals listening in on a K-POP lyrical space was beaten by Pakistan's former PM's Twitter Space.
How the top banks in the world launder $2 Trillion Dollars a year and get away cost free while the countries like Pakistan are bullied and punished hypocritically. Imagine standing in the court while the judge announces a punishment to a gun that killed a person and lets the shooter walk away free.
According to the International Monetary Fund (IMF), Pakistan's economic growth rate would be 4.2 percent in fiscal year 2023, while it will be 4 percent this fiscal year, according to the IMF's report "World Economic Outlook" released on Tuesday.
Pakistan has recorded four deaths from new coronavirus in the last 24 hours, bringing the total number of positive cases to 1,527,486. On Monday, the number of people killed in the Pakistan reached 30,368.
Senate Chairman Sadiq Sanjrani has sworn in federal ministers and state ministers who will make up newly elected Prime Minister Shehbaz Sharif's cabinet.
When Kalsoom Lakhani and Misbah Naqvi launched i2i Ventures, a $15 million Pakistan-focused venture capital (VC) fund, in 2019, they expected to close three deals per year. They're now signing that many contracts each quarter.
Story of RINSTRA goes back to 2007 when a group of Pakistani expatriates from USA started a volunteer organization called DICE - Distinguished Innovations, Collaboration and Entrepreneurship. Mission of DICE is to create a culture of innovation, entrepreneurship and indigenous products in Pakistan. In order to achieve this goal DICE has been working closely with academia, industry and government for the last 14 years and has established the largest innovation ecosystem across the country from Karachi to Chitral.
After overthrowing the Imran Khan dictatorship through a no-confidence resolution, Prime Minister Shehbaz Sharif's new government is gearing up to re-start talks with the International Monetary Fund (IMF) and World Bank (WB) through a high-powered economic team, with the goal of restarting the IMF programme.
Cardiovascular disorders have risen to become Pakistan's largest cause of mortality, with 317,850 individuals dying from heart attacks, heart failures, and strokes in 2020.
Mastercard and Bank Alfalah have partnered to bring Tap on Phone and Simplify Commerce to Pakistan for the first time
Mastercard and Bank Alfalah have formed a strategic partnership to empower businesses in Pakistan through the launch of two of Mastercard's market-leading solutions powered by Mastercard Payment Gateway Services – Tap on Phone and Simplify Commerce – which use technology to catalyze success and boost financial inclusion for businesses across the market, with a particular focus on small businesses.
Abhi Pvt, a Pakistani financial platform, announced the completion of a $17 million Series A fund-raising round on Tuesday. Salaried employees can access monies before payday thanks to the Karachi-based firm.
Being seen and being noticed in any marketplace is challenging enough. However, when you are in the technology marketplace and you are trying to market your tech brand, what routes do you take, and why?
The Metro Bus Service from Peshawar Mor in Islamabad city to Islamabad International Airport was inaugurated by Prime Minister Shehbaz Sharif on Monday.
Officials said Pakistan's new administration is debating whether to cut fuel and power subsidies in the country's stalling economy, as the industry regulator recommended a massive boost to keep up with global costs.
Officials in Shanghai announced the first COVID-19 deaths of the latest outbreak on Monday. Shanghai is China's most populated and wealthiest city.
Custom notification sounds, mute durations, new auto-delete menus, and more are all included in the latest Telegram update
In this year's second spring update, Telegram included a raft of new features, including personalized notification tones, custom durations for muting chats or auto-deleting messages, and enhanced forwarding that keeps answers.
This is true that we are dwelling in a competitive era where we have a lot of things to do and simultaneously our mind is occupied with multiple thoughts as well.
According to a media source, the clauses of Pakistan's constitution that former Prime Minister Imran Khan tried to use against his opponents may be his undoing, as they may become the basis for treason charges against him.
Pakistan's economy is in shambles, and the country's citizens may be dealt another hit when petrol and diesel prices rise by Pakistani Rs 83.5 and Rs 119 a litre, respectively.
According to a study, how long animals live is connected to how quickly their genetic code mutates.
Elon Musk, the CEO of Tesla, has stated that he is "not convinced" that his takeover offer for Twitter will be successful.
Imagine a world where you could not gain the pleasure of your favorite sports or your favorite series on Netflix, or any sort of entertainment that you look forward to after a long day at work. Imagine a world where the internet could not work anymore, where the ATMs stopped operating, and where there were no weather forecasts.
Imran Khan, the chairman of Pakistan Tehreek-e-Insaaf, has pressed the judiciary to explain why it opened its doors at midnight on Saturday, hours before he was ousted as prime minister following a successful no-confidence resolution in the National Assembly.
According to local media, the World Bank cut Pakistan's economic growth rate prediction for the current fiscal year by about 1% on Wednesday, citing the additional load on the budget imposed by the outgoing Imran Khan government's last-ditch energy subsidies.
The World’s First Integrated Laser on a Lithium Niobate Chip Opens the Door to High-Power Telecommunication Systems
Despite recent breakthroughs in integrated lithium niobate photonic circuits, including frequency combs, frequency converters, and modulators, one major component has remained frustratingly difficult to integrate: lasers.
Finance adviser in-waiting Miftah Ismail said on Tuesday that the new government would restart negotiations with the International Monetary Fund (IMF) for balance of payments support, accusing the PTI government of leaving behind an unprecedented economic mess, including the highest-ever fiscal deficit of Rs6.4 trillion (slightly more than 10% of GDP).
Prime Minister Shehbaz Sharif said on Tuesday that the government will take both short and long-term steps to address the economic difficulties that the Pakistan Tehreek-i-Insaf (PTI) regime has left behind.
Researchers warn that a fresh Zika virus outbreak is very likely, with a single mutation capable of causing an explosive spread.
Those of you who have played sports or trained know how important it is to know the fundamentals. You might have even had a coach or teacher who highlighted the "fun" in "fundamentals" to inspire you to enjoy the preparation and practice needed.
Despite the fact that the incoming government faces a difficult road ahead in dealing with a variety of economic difficulties, the business sector is convinced that Prime Minister Shehbaz Sharif will be able to lead the country out of the crisis by interacting with the industry.
In the interbank market on Monday, the US dollar dropped further Rs1.75 to settle at Rs182.93, indicating that the political situation is improving.
According to a study, the substance psilocybin, which is contained in magic mushrooms, appears to free up the brains of persons with severe depression in a manner that other antidepressants do not.
Elon Musk has decided not to join Twitter's board of directors, according to the company's CEO, Parag Agrawal.
You can make a great passive income to support you financially. Sometimes the side gig turns out to be so lucrative that people often hang up their full-time job shoes and focus on their passive income, converting it from passive to active.
The better part of the last year was spent speculating on the spiraling values across the globe for individuals working in the startup or venture capital (VC) market.
The former Prime Minister Imran Khan approved a change in the high-speed diesel (HSD) pricing mechanism to replace the set negotiated premium of long-term supplier Kuwait Petroleum Company (KPC) with a higher market-based weighted average just days before it was disbanded.
Covid outbreak in China: Guangzhou schools are closed, while new cases in Shanghai are at an all-time high
As the country attempts to contain a countrywide outbreak ranging from Shanghai in the southeast to the northern provinces, another major Chinese city has strengthened Covid restrictions.
When Patrick Paumen pays for something in a store or restaurant, he creates a stir.
This is due to the fact that the 37-year-old does not need to pay using a credit card or his phone. He merely puts his left hand near the contactless card reader instead.
Today's business environment is very competitive with a lot more challenges than before. However, entrepreneurs keep coming up with more innovative ways of doing business and dealing with the growth challenges. Considering this, here I am going to discuss the top 10 challenges faced by entrepreneurs in Pakistan.
The State Bank of Pakistan (SBP) has set its monetary policy at 12.25 percent, according to a statement released by the central bank on Thursday. Pakistan is dealing with uncertainty over the outlook for international commodity prices and global financial conditions, which has been exacerbated by the Russia-Ukraine conflict.
Car sales grew by roughly 50% in the first nine months of fiscal year 2022, but industry analysts predict that volumes would decline in the next fiscal year due to rising car prices and loan rates.
Two decades after the Human Genome Project delivered the first draught human genome sequence, scientists have published the first full, gapless sequence of a human genome.
Twitter has announced that it is developing an edit button that would allow users to make changes to tweets after they have been published.
A typical Mullah mindset always lied to us that poverty is the symbol of Prophets and it is wrong to be rich in Islam. Prophet Muhammad (PBUH) said, "Prevent yourself from poverty as it takes you to the level of Shirk."
To avoid a full-fledged crisis, Pakistan has devised other measures for filling the growing dollar finance deficit until the halted IMF program is reinstated.
The price of petroleum products will stay steady until April 15, according to the Finance Division.
Following a new wave of Covid cases, Chinese authorities have expanded their lockdown of Shanghai to include all of the city's 25 million residents.
As part of Amazon's Project Kuiper, three new heavy-lift rockets will launch thousands of satellites into low earth orbit over the next five years.
Elon Musk, CEO of Tesla, recently stated that the company’s objective of developing a humanoid robot is the most important thing it is working on.
It Is surprising to learn how many of people had received the Oculus over the holidays.
Most of us know someone affected by hearing loss, but we may not fully appreciate the hardships that lack of hearing can bring.
Web3 is here and the metaverse has arrived along with it.
The Ronin Network announced that hackers had stolen roughly $625 million in cryptocurrency from its blockchain.
The metaverse is not what Mark Zuckerberg says it is. It’s not a place or alternate reality we will all migrate into. It’s not a game.
NFTs unique, non-fungible tokens created relating to a specific digital asset have captured a lot of attention lately, but in reality, they’ve been around since about 2014.
These days, there are a variety of stories about how AI will assist businesses.
Elon Musk took a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry.
Deserts might look lifeless and inert, but they inhale and exhale water vapor through their surface, suggests a new study.
A new study suggests that Ozone may be weakening one of the Earth’s most important cooling mechanisms.
An overwhelming majority of 195 FIFA members voted to allow the football governing body to lift Pakistan's ban once all requirements are met.
Arooj Aftab, a Brooklyn-based Pakistani artist, won her first Grammy, becoming the first Pakistani to do so, for her song "Mohabbat," which was nominated in the Best Global Performance category.
Sony revealed a revamped PlayStation Plus, a gaming subscription service that will launch in June.
Increased use of renewable energy is critical for reducing carbon emissions and fulfilling our climate goals.
The collection consists of 11 Swatches named after planetary bodies and comes in a range of colors.
“While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech,” Fedorov
The Subnado is made to make swimming, snorkeling, scuba diving, and other water sports alike more fun and more manageable.
Capable of reaching speeds of 13.87 mph, this diminutive little robot has been developed over the last five years to be incredibly versatile and efficient.
Elon Musk says now SpaceX controls more than a third of all active satellites.
Anyone wanting to get their hands on the historic space dust will likely face strong competition.
The repercussions of Ukraine's war are strongly being felt all around the world.
The Pakistan Pavilion at Dubai Expo 2020, which has had over 1 million visitors.
House of the Dragon is based on George R.R. Martin’s book Fire and Blood and It’s set 200 years before the events of the hugely popular Game of Thrones.
WhatsApp announced that it will roll out some improvements to voice messages.
Combination of sulfur gases and climate cooling has contributed to the mass extinction of dinosaurs.
The largest white diamond ever to come to auction will hit the block at Christie's in Geneva on May 11.
With a Stolen Fragment Restored, This Stunning 17th-Century Tapestry Is Made Whole. Solving 40-Year Heist Mystery
After an art thief stole six Belgian tapestries from a church in Spain, it took years for them to be recovered.
Millions of visitors travel to this site every year to see bubbling mud cauldrons, crystal clear waters, and the brilliant colors of the Grand Prismatic Spring.
Patients affected with long COVID face memory and concentration problems that aren't getting much attention.