IT Minister directs timely completion of all projects
Federal Minister for IT and Telecommunication Syed Amin Ul Haque has directed the heads of the attached departments of the Ministry of IT and Telecommunication to complete all the ongoing projects speedily and on time. He was chairing a meeting to discuss the present status of the PSDP Projects FY 2021-22 of Ministry of IT…
Adil Aziz
Pakistan earns US $508 million by exporting transport services in 8 months
Pakistan earned US $508.015 million by providing different transport services in various countries during the first eight months of financial year (2021-22). This shows growth of 26.71 percent as compared to $400.940 million earned through provision of services during the corresponding period of fiscal year (2020-21), Pakistan Bureau of Statistics (PBS) reported. During the period…
International developments, inflation impacting economic activities: Outlook
Among the determining factors of current trends in both international and domestic inflation are supply chain issues and surging international commodity prices Although the economic recovery is underway, the international developments and persistent high domestic inflation might impact domestic economic activities, says Monthly Economic Update and Outlook, April 2022 released here on Friday. “The domestic…
realme 9 Pro+ – Offering the Best-in-Segment Photography with its Sony IMX766 OIS Sensor
The 50MP AI Triple Camera on realme 9 Pro+ has all the best tools to elevate your photography to new heights To be successful in mastering any skill it is paramount to have the right tools to do so. Photography is no exception to this rule as your aesthetic sense can only take you so…
OGDCL posts Rs112.044 bln profit in third quarter of FY 2021-22
Oil and Gas Development Company Limited (OGDCL) on Thursday announced the financial results for the third quarter of the current fiscal year ended on March 31, 2022, posting a profit of Rs 112.044 billion. “Net sales revenue clocked at Rs 240.267 billion translating to profit after tax of Rs 112.044 billion and earnings per share…
SECP Regulatory Sandbox fuels regulatory reforms in financial services
The Securities and Exchange Commission of Pakistan (SECP) has published a position paper that shared experiences and learning’s from its Regulatory Sandbox project for the benefit of potential participants of the third cohort of Sandbox. The paper also encapsulates the journey of the first cohort participants and details of their testing methodology, performance and learning…
Enforce Islamic Financial System in Pakistan In Next 5 Years: Federal Shariat Court
Federal Shariat Court has ordered the government and relevant state departments to enforce the economic, financial and banking system of the country in accordance with the principles of Islamic teachings by 2027. In the verdict, the court termed the Interest Act 1839 is totally against Sharia-teaching. The court ordered to repeal financial laws against Sharia…
Lucky Cement announces the consolidated earnings of PKR 26.53 billion for ended
On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controlling interests for the nine months ended March 31, 2022. This translates into earnings per share (EPS) of PKR 64.07 / share as compared to PKR 56.36 / share…
Bank Alfalah’s another strong quarter; PAT up by 45%
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 26, 2022, revealed BAFL’s financial results for the quarter ended March 31, 2022. The Bank’s impressive performance for 2022 is an endorsement of its customer centricity and product innovation driven by the growth strategy. The growth trajectory continued in the…
realme 9 Pro+ Strikes the Right Balance of Power, Efficiency and Fluidity with its MediaTek Dimensity 920 5G Chipset
The newest 5G popularizer from realme knocks it out of the park in terms of performance Smartphones are the ideal tools available to us in order to navigate life in the modern era. With rampant digitization it is paramount to have a dependable smartphone to steer you through the waves of daily tasks and communication….