After the start of the monsoon, Rawalpindi’s civic agencies have declared 183 old buildings and certain cantonment areas ‘dangerous’. Rawalpindi Metropolitan Corporation (RMC) has declared 83 buildings dangerous and the Rawalpindi Cantonment Board (RCB) declared 100 buildings unsafe after conducting a survey of the old and dilapidated buildings in the city. Forty-five of these buildings were marked ‘most dangerous’ by the agencies, and they have issued notices to the residents to either vacate or reconstruct them. ALSO READ Karachi Develops a Rain Emergency Plan for Monsoon These buildings are located in Bohar Bazaar, Naya Mohallah, Lunda Bazaar, New Sarafa Bazaar,…
Category: Tech and Telecom
Here are the Complete Squads for the Inaugural Kashmir Premier League
The draft for the inaugural edition for the Kashmir Premier League (KPL) was held in Islamabad on Saturday. All the six franchises picked up star players and formulated their potential title winning squads. The 18-match tournament will be played at Muzzafarabad Cricket Stadium and is scheduled to begin from 6 August, with the final set to be played on 16 August. The six franchises include Muzzafarabad Tigers, Bagh Stallions, Rawalakot Hawks, Kotli Lions, Mirpur Royals and Overseas Warriors. All the teams will be led by Pakistan national team players such as Mohammad Hafeez, Shoaib Malik, Fakhar Zaman and Shahid Afridi.…
Pakistan’s Exports to US Cross $5 Billion For The First Time
Pakistan’s exports to US increased by 39 percent to $5.2 billion during FY2021 as compared to $3.7 billion during FY2020, as announced on Monday by the Adviser to the Prime Minister on Commerce, Abdul Razak Dawood. He tweeted that this shows an increase of $1.45 billion, and said, “This is the first time in our history that our exports to the US have crossed the $5 billion mark”. We are pleased to inform that our exports to the US during FY 2021increased by 39% to $ 5.2 billion as compared to $ 3.7 billion during FY 2020, an increase of…
Govt to Build Tech University in Sialkot for Rs. 17 Billion
The federal government and the government of Punjab have decided to fund the construction of the University of Applied Engineering and Emerging Technologies (UAEET) in Sialkot. The university is being established in direct partnership with Australian and Chinese technology institutions, and the Vice Chairman of Prime Minister Imran Khan’s task force on Technology-Driven Knowledge-Economy, Dr. Atta Ur Rehman. ALSO READ Sindh Issues New Coronavirus SOPs The UAEET will initially offer Bachelor’s and Master’s degrees in at least five core programs, including Industrial Engineering, Manufacturing and Mechatronics, Chemical and Materials Engineering, Information Technology, Artificial Intelligence, and Industrial Biotech, and Business Management…
Realme Sub-Brand Dizo Teases a New Phone
Realme’s sub-brand Dizo, known for producing wearable gadgets, has teased its first mobile phone on Twitter. The brand shared a teaser poster that shows a silhouette of the back of the phone. ALSO READ Realme is Working With Kodak for its Next Flagship Phone: Leak The phone is not clearly visible in the teaser, but looking closer, we can tell that it’s a feature phone with a circular main camera and a flash. Premium design coupled with the best features is just what you need to #BeDifferent. Get the complete package, soon. Can you guess the product ?#DIZO #realmeTechLife pic.twitter.com/RHvNTJ0U6g…
Pakistan’s Trade Deficit Widens by 34% in FY2021
The country’s trade deficit had widened by 34.10 percent to $31.057 billion during the fiscal year (July-June) 2020-21 as compared to $23.159 billion during the same period of 2019-20, according to the Pakistan Bureau of Statistics (PBS). The trade data released by the PBS shows that Pakistan’s exports had grown by 18.11 percent to $25.268 billion during July-June 2020-21 from $21.394 billion against the corresponding period last year. The imports had increased by 26.42 percent to $56.325 billion during 2020-21 as compared to 2019-20 when they were recorded at $44.553 billion. ALSO READ Govt to Criminalize Hiding Your Real Income…
Overseas Pakistanis Have Sent $1.6 Billion Through RDA’s
Overseas Pakistanis have remitted approximately $1.6 billion through Roshan digital accounts (RDAs) in less than one year, according to the State Bank of Pakistan. Since its launch by the Prime Minister of Pakistan on 10 September 2020, the RDAs have gained a significant amount of interest among overseas Pakistanis. According to the new web page released today, 181,556 accounts have been opened from 171 countries, and $1.562 billion had been deposited in them by the end of June 2021. The webpage also shows monthly trends in the number of accounts opened, deposits, and investments in Naya Pakistan Certificates (NPCs) and…
TCL C825 Mini-LED Smart TV Now Available in Pakistan With 4K Resolution, Gestures, and More
TCL C825 is Pakistan’s first Mini LED TV that comes in 55” and 65” sizes. It is a flagship smart TV that brings top-of-the-line TV specifications and of course, an eye-watering price tag. For the unaware, Mini LED is a new display technology that brings better contrast, brightness, and deeper blacks than before. It consists of thousands of micro LEDs in the backlighting module that can light up individually to provide better image output and local dimming zones. Upfront, the display is a 55-inch mini LED panel with 4K resolution and up to 120Hz refresh rate. It also has a…
SECP Approves Amendments to NCCPL Regulations
In a significant development, the Securities and Exchange Commission of Pakistan (SECP), has approved amendments to the National Clearing Company Pakistan Limited (NCCPL) Regulations 2015 to introduce reforms in Margin Financing (MF) product which allows securities brokers to provide financing to their customers in a regulated manner. These reforms will facilitate investors who wish to undertake leveraged trading and need finance for purchasing shares. As a result of these reforms, position limits and exposure limits have been liberalized to allow more liquidity. MF facility will now also be available to investors against their net purchases at the expiry of the…
England Announces its Squad for ODI Series Against Pakistan
Current ODI World Champions, England, have announced their 16-man squad for the three-match ODI series against Pakistan. England has not made any changes from their squad for the ODI series against Sri Lanka. ALSO READ Here’s Pakistan’s Schedule for World Test Championship England currently leads the three-match ODI series against Sri Lanka by 2-0, with the third match scheduled to be played on Sunday 4 June. Star players, Jos Buttler, Jofra Archer, and Ben Stokes have not yet fully recovered from their injuries and have not been called up to the squad once again. Meanwhile, Dawid Malan, who missed the…
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