The government of Pakistan has announced Rs. 1,200 billion Economic Relief and Stimulus Package which seeks to provide relief to vulnerable people, SMEs and industry and supports the poor.
Addressing a press conference, Prime Minister Imran Khan alongside his senior ministers and advisors said that the coronavirus pandemic is not the real danger, rather the decisions that people took fearing the COVID-19 threat.
“Chaos is more dangerous than coronavirus if we take any decision in haste it will have a dire impact on the society,” said the prime minister.
Prime Minister Imran said that he would have imposed curfew immediately if the situation in Pakistan was as bad as it is in Italy and the rest of Europe. “But in Pakistan, it is not feasible considering the number of poor people in the country,” he explained.
In a Twitter post, Economic Affairs Minister Hammad Azhar said that the package “Seeks to provide relief to vulnerable, support to poor, SMEs [small- and medium-sized enterpris..
Category: World
Meezan Bank Overtakes Bank Alfalah and Bank Al-Habib
The banking industry is highly competitive in Pakistan, comprising 33 commercial banks that cover 20 percent of the banked population.
Bank Al-Habib, Bank Alfalah, and Meezan Bank are in close competition with their number of branches, deposits, assets, and profits, standing neck and neck in 2020.
In Pakistan, the term big five usually refers to Habib Bank Limited, United Bank Limited, National Bank Limited, and MCB Bank. The competition among these banks has been intense but the competition among banks between the ranks of 6 and 10 is also getting tougher.
Recently, Meezan Bank has leapfrogged two major banks—Bank Al Habib and Bank Alfalah.
Meezan Bank witnessed significant growth in its services and business The bank left behind Bank Al-Habib and Bank Alfalah in terms of branches network and deposits mobilization, and profitability with the consistent expansion of services which also enhanced its penetration and customers and beneficiaries.
Branch Network Across Pakistan The ban..
Infinix Launches Hot 9 With Punch-Hole Display & 5,000 mAh Battery
The Infinix Hot 9 is the latest edition of the Chinese phone maker’s lineup of budget-friendly smartphones. It is a successor to last year’s Infinix Hot 8 and features a large display, a quad-camera setup, and costs no more than $147.
Design and Display The Infinix Hot 9 has a 6.6-inch IPS LCD with HD+ resolution and a punch-hole cutout for the selfie camera in the top left corner. The bezels surrounding the display are significantly thin, giving the phone an appealing screen to body ratio.
The primary camera setup at the back includes 4 lenses in a vertical layout and a dual-LED flash unit beside it. The setup is housed in a rectangular-shaped module, which is the latest trend in the smartphone market.
Internals and Storage The SoC powering the device is unclear, but some Indonesian publications have mentioned that the phone features the Helio P35 chipset, which is logical since the Infinix Hot 8 is powered by the Helio P22.
There is 4GB of RAM and 128GB storage that is expandable..
Spotted: BAIC is Already Testing the Cultus-Killer D-20 on Pakistani Roads
One of the biggest hits at the recently concluded Pakistan Auto Show (PAPS) 2020 was the pavilion belonging to BAIC which showcased multiple cars they are planning to launch in the country.
Now, BAIC’s hatchback D-20 was seen on the roads being tested indicating that the company is gearing up to bring this car to the local market. Internationally, the car has two four-cylinder engine variants with 1300CC and the 1500CC engine capacity with both coming in either a 5-speed manual transmission or a 4-Speed automatic transmission.
ALSO READ
Cultus Killer? BAIC Unveils the D20 Hatchback for Pakistan
Interestingly, BAIC has partnered with multiple leading brands such as Mercedes-Benz to develop tech and the D-20 has some of the structural and technical parts like the B-class. Let’s see if these will be seen on the local version when it launches.
The 1300CC version churns our 102hp and the 1500CC boasts 116hp with both being naturally-aspirated petrol-powered engines fitted with EFI tech..
Samsung Galaxy A31 Goes Official With 48 MP Quad Camera & Huge Battery
The 2020 versions of Samsung’s Galaxy A Smartphones are slowly trickling in and the latest one to join the fray is the Galaxy A31. Similar to its siblings, the Galaxy A31 is also a mid-range device with decent specifications across the board and a camera setup that looks strikingly similar to the Galaxy S20 series.
Design and Display The Galaxy A31 has a 6.4-inch FHD+ Super AMOLED display with a waterdrop notch at the top for the selfie camera and a blazing-fast in-display fingerprint sensor.
The main camera setup at the back features 4 lenses arranged in an L shaped layout in a rectangular housing. The LED flash is also included inside the main camera module.
Internals and Storage Samsung hasn’t revealed the device’s chipset yet, but earlier leaks suggest that the phone is powered by the Helio P65 SoC. The chipset can be coupled with two different memory configurations including 4GB/64GB and 6GB/128GB. The storage is expandable via microSD card.
Cameras The main camera on the phon..
Cambridge Cancels All O, A Level Exams and Announces How It’ll Grade Students
Cambridge Assessment International Education (CAIE) has announced the cancelation of all examinations scheduled to be held in May and June this year amid the Coronavirus pandemic.
CAIE has decided to grade all students based on knowledge acquired in their respective courses as it is impossible to conduct examination during the global outbreak of Coronavirus.
Cambridge IGCSE, Cambridge O Level, Cambridge International AS & A Level, Cambridge AICE Diploma, and Cambridge Pre-U examinations have all been canceled worldwide.
The official statement issued by CAIE states:
COVID-19 outbreak has caused governments worldwide to shut down schools indefinitely, making it impossible for CAIE to hold examinations in May and June.
The statement further reads:
CAIE’s top priority is to guarantee the wellbeing of our students and teachers and ensure fairness for all our students. Therefore, CAIE will grade students based on the knowledge and skills they have acquired in their programs of study. T..
Shaan Shahid Reminds Pakistan about the Perils of Dengue
As the season for dengue fever is around the corner, Mortein has launched their official TVC in order to fight against this on-going illness which has taken over Pakistan recurrently. Shaan Shahid, plays the leading actor in the commercial and discusses the perils of dengue.
He narrates the effects the virus has had on many people while proceeding with a call to action towards combating the illness once and for all. He aptly speaks of the disease spreading an unfathomable rate.
As we know, Dengue fever is very common in Pakistan and has infected adults and children alike. In order to combat the illness and spread awareness of its effects in Pakistan, Mortein is taking active measures in order to protect people from the virus.
Shaan narrates how serious the implications of dengue fever can be as it affects not only the person who is infected but their family and people close to them as well. The impact of the fever is brutal and necessary precautions need to be taken.
By broadcastin..
EFU Life Takes Steps to Ensure Safety of its Customers from COVID-19
EFU Life has always placed its clients first. With the current pandemic COVID-19, it has become paramount to the Company to ensure the safety and wellbeing of its clients, employees and communities. Staying true to our promise of serving the people of Pakistan, we stand together with our clients.
EFU Life brings “COVID-19 Care”, Pakistan’s first complimentary benefit for all individual life clients of the Company with the aim of providing financial assistance for COVID-19.
In the unfortunate event that an insured client passes away due to COVID-19, a lump sum amount of Rs. 100,000 will be paid to the beneficiary in addition to the contractual death benefits from the existing policy.
This complimentary cover is applicable on all new and inforce individual unit linked plans of the Company (conventional and takaful business) effective from 23 March 2020 and covers policyholders while in Pakistan.
Mr Taher G Sachak, MD & CEO EFU Life shared his views on the launch: “COVID-19 Care” is a..
Reason by Orient Announces a Bumper 23rd March Sale Offer
While Pakistan goes through an unprecedented challenge, manufacturers and electronics’ brands gear up to increase prices to deal with the demand & supply imbalance.
In contrast to that, Reason by Orient is offering its consumers a surprising sale offer. With various deals and combos, all consumer electronics are being offered at an affordable price range for consumers’ facilitation.
Reason is a Direct to Consumer (D2C) brand that has eliminated all third-party dealership and delivers directly to its customers. This ensures that while markets and stores face a potential lock-down because of coronavirus, Reason is geared up to serve the customers through its online store.
Mr. Abdul Rehman Talat, CEO of Reason talked about how the brand is going to accomplish it all:
“We have always kept our customers on the forefront and while Pakistan is preparing to deal with these difficult circumstances, we are committed to ease purchasing for the people. Our online store is stocked and out teams..
Coronavirus Claims 6th Life in Pakistan, Infections Cross 800
Coronavirus has claimed 6th life in Pakistan The new death was reported in Quetta, Baluchistan of a 65-year-old patient Sindh and GB have announced a complete lockdown starting today PM has urged people to self-quarantine to fight the pandemic Sindh, Baluchistan, and Punjab have also requested army deployment Number of confirmed COVID-19 cases in Pakistan has risen to 875 So far, 6 deaths have been reported in Pakistan: 1 in Sindh, 3 in KP, 1 in GB, 1 in Baluchistan Sindh remains the worst-hit with 394 confirmed cases so far Punjab has reported 246 cases, Baluchistan 110, KP 38, AJK/GB 72, and Islamabad 15 Coronavirus has claimed 6th life in Pakistan with the latest death reported in Quetta. According to Baluchistan govt. spokesperson Liaquat Shahwani, the patient was 65 years old and lost his fight against the deadly virus during treatment at Quetta’s Fatima Jinnah Chest Hospital.
The 5th death was recorded on Sunday from Gilgit Baltistan where Dr. Osama Riaz, who was screening pilgr..
Load More