Tech and Telecom

The federal government has borrowed $11.902 billion in loans from domestic and external sources during the first eleven months of the outgoing fiscal year. Documents available with Propakistani showed that Pakistan has received $3.324 billion loans from multilateral organizations which include $1.28 billion from Asian Development Bank, $252 million from Asian Infrastructure Investment Bank (AIIB), $373 million from International Bank for Reconstruction and Development (IBRD), $850 million from International Development Association (IDA), $24.53 million from Islamic Development Bank (IDB), $507 million from IDB (S-term), $36 million from International Fund for Agricultural Development (IFAD), $35 million Multi-Donor Trust Fund (MDTF) and…

The Federal Board of Revenue (FBR) has issued instructions to all the Field Offices to remain open and observe extended working hours till 12:00 midnight on 30th June 2021 (Wednesday) to facilitate the taxpayers’ in payment of duties and taxes. ALSO READ FBR Orders to Implement Pakistan Single Window Project From Next Month FBR has further instructed the Chief Commissioners (IR) and Chief Collector Customs to liaise with the State Bank of Pakistan and authorized branches of National Bank of Pakistan to ensure transfer of tax collection by these branches on 30th June 2021 to the respective branches of State…

Sialkot, the 12th populous city of Pakistan, is one of the most industrialized regions of the country. The city, also known as the ancient Sagala, was annihilated by Alexander the Great in 326 BCE and reconstructed by Menander-I in the 2nd century BCE, during which it became a hub of trade and commerce. Today, Sialkot is amongst the most developed cities in Pakistan which makes it a popular choice among people to purchase property and settle. Graana.com highlights the top 5 locations to rent a house under Rs. 30,000 in Sialkot: Haji Pura Haji Pura is an ideal locality for…

The Federal Board of Revenue (FBR) has issued notifications to implement the Pakistan Single Window project from July 1, 2021 to pave the way for ease in trading activities of the country. The PSW will bring an annual savings of $500 million and reduce will cargo clearance time from days to hours by integrating 75 regulatory departments including “customs, banks, port authorities, shipping companies, and brokers etc. An independent authority will manage the PSW which will be pivotal in unlocking Pakistan’s potential to become a hub for international transit and trade. The FBR has issued SROs just five days before…

TPL Trakker – Pakistan’s leading IoT Company providing Tracking, Telematics, Mapping, and Location-Based Services – has partnered with Daraz, Pakistan’s leading e-commerce platform. Following the partnership, TPL Trakker will provide Daraz with completely customized Fleet Management Services (FMS) to help enhance their delivery services across Pakistan, resulting in quick and efficient deliveries to customers. To initiate the partnership, a digital signing ceremony was held at TPL Trakker and Daraz’s respective Head Offices. TPL Trakker is part of TPL Corp. which is led by Mr. Ali Jameel. Present at the occasion from TPL Trakker were, Sarwar Ali Khan – CEO, Talha…

The Current Account recorded a huge deficit of $632 million in the month of May according to data reported by the State Bank of Pakistan (SBP). The deficit was reported due to a staggering decline in exports due to partial lockdowns, prolonged Eid holidays, and a seasonal drop in inflows of remittances after Eid. 1/2 Current account (CA) deficit was $632mn in May, from $188mn in Apr, as exports fell due to partial lockdowns and long Eid holiday, and remittances moderated as usual post Eid. pic.twitter.com/Qp5UdRG7n5 — SBP (@StateBank_Pak) June 25, 2021   The huge deficit has reduced the surplus…

Pakistan is expected to receive an “unspecified number” of doses of Moderna’s COVID-19 vaccine in the coming months. A high-ranking official in the Health Ministry, seeking anonymity, revealed that negotiations are well underway with COVAX, a global initiative aimed at equitable access to Coronavirus vaccines led by GAVI, to procure Moderna’s vaccine. ALSO READ Pakistan to Soon Manufacture Its Own Coronavirus Vaccine However, there is no confirmation regarding the exact number of doses of Moderna’s COVID-19 vaccine that will be provided to the country and their exact date of arrival in Pakistan. Moderna’s vaccine consists of two doses administered 2…

The Pakistani Rupee finally appreciated against the US Dollar in the international currency market yesterday after weeks of deterioration. Today’s movement for PKR was of slight improvement. The Rupee fell to its lowest level in four months against the US Dollar (USD) this week and breached the level of Rs. 158 on Tuesday. Yesterday, after several consecutive days of posting heavy losses, PKR turned the tide and posted significant improvement. ALSO READ Rupee Finally Turns Tide With Huge Gains Against the US Dollar in A Single Day The PKR appreciated 6 paisas against the greenback in the interbank currency market…

The Quetta district administration has made vaccination mandatory for entry to all public places. The local administration announced on Friday (25 June) that people who have not been vaccinated against the coronavirus will not be allowed to enter shopping malls, banks, and government offices. ALSO READ FATF Announces Its Decision on Pakistan’s Grey List Status The administration has issued a notification that directs all the malls, banks, and public officers in the provincial capital to deny entry to individuals who do not carry their inoculation certificates. It also detailed that unvaccinated citizens will also be barred from entering public parks…

Following weeks of teasers and rumors on social media, the all-new Vivo V21e 5G has officially been launched as a mid-range 5G smartphone in India. While many would take a look at the device and feel like they already saw it in April, this one is a 5G variant with lots of updated features. The Vivo V21e 5G features a MediaTek Dimensity 700 chipset at the wheel, a 6.44-inch 1080×2400 60Hz AMOLED display which is the same as the 4G variant, and a 32MP selfie shooter in the front. ALSO READ Microsoft Reveals Windows 11 With A New UI And…