Banking Mohtasib provides Rs709 million relief to banking customers
The Banking Mohtasib Pakistan (BMP) has provided relief amounting to Rs709 million to the banking customers in 2021, a statement said on Tuesday. The bank disposed of 32,592 complaints out of 37,364 during the year 2021, which is about 87 per cent of the total complaints as compared to the year 2020, where Rs598 million…
Adil Aziz
IMF postpones sixth review of Pakistan loan, again
It will now be held on February 2 The International Monetary Fund has postponed its sixth meeting to review steps taken by the Pakistani government to implement its demands. The session, which was scheduled for January 28, will now be held on February 2, according to IMF. This is the second time the meeting has…
PM Imran Khan launches health card for residents of Islamabad
Prime Minister (PM) Imran Khan has launched Naya Pakistan Qaumi Sehat Card scheme in Islamabad on Wednesday. Under the scheme, all families of Islamabad, Punjab, Azad Jammu and Kashmir (AJK), Gilgit-Baltistan (GB), and Tharparkar will be provided free medical treatment of Rs1 million a year at government and private hospitals. Addressing the launching ceremony of…
Syria wants stronger trade, economic ties with Pakistan: Envoy
Ambassador of Syria to Pakistan, Dr. Mazen Obeid said that his country wanted stronger trade and economic ties with Pakistan as both countries have good potential to enhance cooperation in many fields for their mutual benefit. He said this while addressing business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI), said…
A Gaming Beast Like None Other – realme GT Master Edition
The gaming beast realme GT Master Edition passed the AnTuTu test with a score of 541000 points, garnering 8.6 overall score – thanks to its Qualcomm® Snapdragon™ 778G 5G Processor For several months the country’s smartphone landscape particularly gaming pros had waited with bated breath for a device that had them talking even before it…
Meta says its new AI supercomputer will be world’s fastest
Facebook’s parent, Meta’s research teams built a new AI supercomputer that can work the fastest in the world Facebook parent Meta Platforms Inc said on Monday that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022. Meta said in a…
Car prices go up in Pakistan after Govt Notifies New Taxes
KARACHI: The Sindh Excise and Taxation Department on Monday notified new rates of motor vehicle tax through Finance (Supplementary) Act, 2022. According to a notification issued by the taxation department, the provincial government has increased the tax on vehicles with higher engine capacity. The tax on cars over 1000cc has been increased to Rs100,000 from…
Fly Emirates to Dubai together and save 25% on fares with brand-new offer
Emirates passengers returning to or visiting Dubai for the first time can enjoy this exclusive offer when booking together, for travel between now and April 30 2022 Emirates, The world’s largest international airline, has launched a new offer for passengers visiting Dubai with friends and family, when booking by February 6 2022. Two or more…
Monetary Policy Statement
1. At today’s meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 9.75 percent, in line with the forward guidance provided in the last monetary policy statement. At that time, the MPC had considered the measures taken to lower inflation and keep the ongoing economic recovery sustainable. These measures include a…
Mondelēz Pakistan appoints new Managing Director
Mondelēz Pakistan, one of Pakistan’s and global leading snacking companies, announces the appointment of Sami Wahid as the new Managing Director (MD) effective January, 2022. Wahid will be responsible for the overall business strategy and commercial offerings. As an expert in the snack and beverage industry, Wahid brings over 17 years of experience in the…