Investment in the IT sector reaches up to $373 million: IT Minister Syed Amin Ul Haque
Federal Minister for Information Technology and Telecommunication Syed Amin Ul Haque has said that an agreement has been signed with Google for 45,000 scholarships, which will increase to 450,000 next year. The upcoming scholarships will include a 40/percent allocation for women. Previously, Google had provided only 15,000 scholarships last year, but the ministry interfered to…
Adil Aziz
Govt vows to continue to tread path of reforms to stabilize economy
The government has vowed to continue to tread the path of reforms to stabilize the economy and steer it towards the path of sustainable growth. In a statement on Saturday, the Ministry of Finance strongly rejected the assertions made by a prominent economist Atif Mian about Pakistan’s economy, terming them misplaced. The Ministry of Finance…
Long-term policies are indispensable to get out of difficult economic situations: President ICCI
President Islamabad Chamber of Commerce and Industry (ICCI) Ahsan Zafar Bakhtawari has said that the budget 2023-24 is very important in the current economic situation, the government should focus on the formulation of long-term and sustainable policies instead of short-term ones. Business community is the biggest stakeholder in Pakistan’s economy. The proposals of the country’s…
PM asks exporters to come up with innovative ideas for boosting exports
Prime Minister (PM) Muhammad Shehbaz Sharif stressed the country’s exporters to come up with innovative and unique ideas to boost exports which would ultimately help the country earn valuable foreign exchanges. “Despite various challenges, we have very robust, very futuristic, and extremely hardworking entrepreneurs that have gradually built Pakistan’s export culture,” he said while addressing…
SECP Issues Requirements for Grievance Handling Mechanisms for the Insurance Sector
The Securities and Exchange Commission of Pakistan (SECP) has issued requirements for Grievance Handling Mechanism for the Insurance Sector to ensure effectiveness, robustness, and uniformity in the grievance handling function with the objective of protecting policyholders. The Code of Corporate Governance for Insurers 2016 requires insurers to establish a grievance function. Giving due consideration to…
Russian container ship arrives at Karachi Port
Russian container ship Crystal Saint Petersburg arrived at Karachi port for the first time. As per details, Federal Minister for Maritime Affairs Faisal Subzwari, Chairman Karachi Port Trust (KPT) Raza Zaidi and Consul General Andrey Viktorovich Fedorov welcomed the ship which arrived from Russia to Pakistan in 21 days. Minister for Maritime Affairs Faisal Subzwari…
Global flight bookings 31% higher than pre-Covid period: MEI
GLOBAL flight bookings rose 25 per cent year on year in March 2023, and were 31 per cent higher than the same period in 2019 before the Covid-19 pandemic, data from the Mastercard Economics Institute (MEI) showed. In its travel industry trends report released on Friday (May 26), MEI noted that Asia-Pacific was a key…
Nehaal Naseem is Spotify’s latest success of Fresh Finds Pakistan
The young indie talent is taking the industry by storm with her track ‘Beqadra’ which continues to feature in the top 10 of Spotify Charts consistently The 17-year-old budding vocalist, Nehaal Naseem is the latest discovery of Spotify’s signature Fresh Finds Pakistan. With her debut track ‘Beqadra’ continuously appearing on Spotify Charts for the past…
Social Champ Empowers Women in the Digital Space, Championing Gender Equality, and Inclusion
Social Champ, a trailblazing digital platform, is taking a bold stance in supporting women in the digital realm and championing gender equality. Recognizing the uphill battle faced by women in the tech industry, Social Champ is determined to create an inclusive environment where women can excel and thrive. In an industry long dominated by male…
SECP issues alert for fraudulent investment schemes
The Securities and Exchange Commission of Pakistan (SECP) on Wednesday warned the general public against investing in any fraudulent investment schemes that promise hefty profits and unrealistic incentives The Commission has been constantly clarifying that mere registration of a company, does not authorize it to solicit deposits from the general public or offer investment schemes….