Commerce Advisor Holds Virtual Meeting With UK’s Deputy High Commissioner

Advisor to the Prime Minister on Commerce & Investment, Abdul Razak Dawood, along with senior officers from the Ministry of Commerce, held a virtual meeting with UK’s Deputy High Commissioner in Karachi and Trade Director for Pakistan, Mike Nithavrianakis, on July 29, 2021 (today). During the meeting, matters pertaining to bilateral trade and investment came under discussion. The Advisor to the Prime Minister on Commerce & Investment appreciated the enhanced bilateral trade between Pakistan and the UK and spoke about ways to further enhance and diversify trade and investment opportunities between the two countries. Post-Brexit UK has granted enhanced market…

Nestlé Pakistan’s Profit Grows by 49% in First 6 Months of 2021

Despite the challenges of the pandemic, Nestle’ Pakistan made a handsome profit of Rs. 5.87 billion during the first half of 2021, which is 49 percent higher than the profit reported in the same period last year. The volume growth, overheads control, and value chain cost optimization initiatives led to a 24.3 percent increase in the company’s operating profit as compared to the same period of the previous year. Additionally, the reduction in the financing costs contributed to an improvement in the net profit. ALSO READ KP Launches a New Project for Waste-Free Tourism Despite all the challenges of the…

Razak Dawood Clarifies After Reports Claim Samsung Will Not Make Phones in Pakistan

Advisor to the PM on Commerce, Abdul Razak Dawood, has refuted a certain news item revolving on the media regarding Samsung’s imminent arrival in Pakistan’s local manufacturing space. ALSO READ MediaTek to Launch a Flagship 4nm Chip by the End of 2021 In a short statement via his Twitter account, Dawood categorically denied all rumors and reports which stated that “Pakistan failed to woo Korean mobile manufacturing giant, Samsung, to establish a manufacturing and assembly plant in the country.” “Samsung has changed its earlier decision & now has agreed to come to Pakistan as a joint venture with their local…

Pakistan Reports Highest Single-Day COVID-19 Cases Since May

Pakistan has reported more than 4,000 fresh COVID-19 cases for the second consecutive day on Thursday. According to the National Command and Operation Centre (NCOC), the country recorded 4,497 new cases out of the 59,707 tests conducted in the last 24 hours, taking the positivity ratio to 7.53%.  With new cases, the nationwide tally stands at 1,020,324. Moreover, 76 coronavirus-related deaths were reported during the last 24 hours, the highest single-day record since June 9. This takes the overall death toll to 23,209. ALSO READ Punjab Announces Reopening Schedule for Schools After Summer Vacations At the same time, 1,612 patients…

Petrol Pumps in Northern Areas Sold Fuel at Rs. 700 Per Liter During Eid Holidays

The recent influx of tourists in the Northern Areas is straining the fuel resources in the region, which has led its petrol pumps to charge Rs. 700 per liter. Tourists from all over Pakistan flocked to the Northern Areas during the Eid ul Adha holidays this month, which resulted in a burden on resources like petrol. Media outlets reported that the petrol stations in the region have been undergoing a shortage over the last few days, and that the situation is worse where filling stations are sparse. Filling stations in areas like Kalam, Swat are reportedly selling petrol for Rs. 700…

Punjab Bans Entry of Unvaccinated Citizens in Govt Offices

The Punjab government has decided to ban the entry of unvaccinated citizens in all government offices across the province. According to the official notification, unvaccinated citizens will not be allowed to enter the premises of the CM Office, Civil Secretariat, and all other government offices of the province. ALSO READ FBR Authorizes Skardu Airport to Perform Customs Duties The Punjab government has been exploring different ways to speed up the COVID-19 vaccination drive. Last month, it decided to block SIM cards of unvaccinated individuals besides restricting their access to shopping malls and restaurants in the province. Earlier this week, the…

USAID Announces Scholarships for Pakistani Women

The U.S. Agency for International Development (USAID) has partnered with the Higher Education Commission (HEC) to offer merit and need-based scholarships for Pakistani female students in the top 30 higher education institutes of Pakistan. Sources close to the HEC told reporters that more than 5,300 USAID-funded scholarships have been granted to Pakistani female students. ALSO READ Education Ministry Announces Its Decision on Board Exams These scholarships are for Master’s/MBA/MS/MPhil/Education Teaching degree programs in numerous disciplines under the HEC wing. They also cover tuition fees, books allowance, boarding and lodging, transportation, and other related academic costs. The female students who qualify…

Samsung Galaxy Z Fold 3 Briefly Shown in Official Trailer

Samsung’s next Galaxy Unpacked event is due on August 11 and that is when we’re going to see the brand’s upcoming foldables, the Z Fold 3 and Z Flip 3. Samsung has already confirmed the launch and is now building hype for its upcoming phones with an official teaser trailer. ALSO READ Samsung Galaxy S21 FE May Not Launch on August 11 ARVE Error: src mismatchurl: https://youtu.be/8JwVINziaMcsrc in: https://www.youtube-nocookie.com/embed/8JwVINziaMc?feature=oembed&modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/8JwVINziaMcActual comparisonurl: https://youtu.be/8JwVINziaMcsrc in: https://www.youtube-nocookie.com/embed/8JwVINziaMc?modestbranding=0&showinfo=0&rel=0&autoplay=1src gen: https://www.youtube-nocookie.com/embed/8JwVINziaMc The video shows a brief history of smartphones and how they’ve evolved to become what they are now. It shows a silhouette of…

Education Ministry Announces Its Decision on Board Exams

The Federal Ministry of Education has decided to continue the board exams across the country despite a surge in coronavirus cases. The decision was taken on Wednesday in a virtual meeting of the provincial education secretaries headed by the Acting Secretary for the Ministry of Federal Education, Asif Haider. ALSO READ Airblue Serves Expired Meal on Flight The meeting also decided against extending the vacations for educational institutions and conducting academic activities at schools under strict compliance with COVID-19 standard operating procedures (SOPs). The provincial secretaries were also asked to decide on the opening of schools according to the coronavirus…

Salman Butt Opens Up Unjust Comparisons Between Babar & Kohli

Former Pakistan captain, Salman Butt, believes that Babar faces unjust criticism despite being one of the top batsmen in the world. Butt said that Babar has been performing for the Men in Green on a consistent basis but has been facing a lot of criticism from the fans and the media. ALSO READ Hasan Ali Enters Record Books With a Big Achievement Butt said that Babar is only supported by the wicket-keeper batsman, Mohammad Rizwan, while the rest of the batting unit performs once in a while. He said that Pakistan has not been able to perform up to their…