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  1. Today
  2. Junaid Junaid

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    dear sir i need Generate press theme.. please provide it.
  3. The current account deficit continues to record a sustainable improvement, showing a 29 percent drop in the eleven months of the current financial year compared with the similar period of the last financial year. This adds up to a handsome figure of $5.2 billion. The stability in the current account persisted due to a constant reduction in the import bill and healthy growth in remittances sent by overseas Pakistanis, particularly in the month of May. According to the State Bank of Pakistan (SBP), the current account decreased to $12.6 billion in the period of July-May this year compared to $17.9 billion recorded in the same period last year. The current account deficit reduced to $1.08 billion in May compared to $1.24 billion recorded in April. It recorded a comparatively better position in March with deficit values of $822 million and $278 million in the month of February. The country’s trade deficit fell 12 percent to $29.2 billion in July to May for the financial year 2018-19 compared to $34.2 billion during the same period last year. The $4.1 billion decline in the trade deficit during the period of July-May is expected to reach $5 billion at the end of the on­going fiscal year in July as the government’s interventions have helped curb imports of non-essential items meanwhile exports have remained unchanged. Furthermore, the remittances inflow grew by 28 percent in the eleven months of FY19 crossing the mark of $20 billion. It played a major role in narrowing down the current account deficit. With one month left to close the financial year, the government’s target to reduce the trade deficit by $6 billion by June is impossible at this stage, however, dragging down the deficit’s position by more than $5 billion is a big deal for the economic managers of the country, who wants the trend to continue in the next financial year until the target is achieved.
  4. Pakistan has recently signed a Memorandum of Understanding (MoU) with the United Arab Emirates (UAE) to safeguard the rights of Pakistani workers overseas. In order to protect the workers from the exploitation of Pakistan-based fake recruitment agents, Pakistanis will now sign an Employment Job Offer with the employer before moving to the Emirates under the new deal. The MoU has been signed by both parties to provide a legal and safe working environment for Pakistani workers in the UAE. Features Both employer and the worker will sign the Employment Job Offer before the latter departs from Pakistan. The job offer will clearly elucidate the rights and duties of the employer and the worker. It needs mentioning here that the employment contract will be founded on the job offer and will be registered in the UAE. The Article 6 of the MoU states that in case of a dispute if both parties cannot reach an amicable settlement within six weeks of the complaint submission, it will be presented before the judicial authorities for resolution. Moreover, both governments will arrange joint collaborative programs and activities like educational initiatives before departure and after arrival to impart awareness on the workers regarding the contract employment cycle. The deal also maintains that the Pakistani workers shall receive a minimum wage of Dh800 along with accommodation and food along with the medical insurance as per the UAE law. The two countries have agreed to form a joint committee for the implementation of the MoU, which will meet on a regular basis to monitor and evaluate the deal’s implementation. Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis and Human Resource Development Syed Zulfikhar Bukhari said that the MoU will remove the remittance process. “It will evolve a mechanism for early resolution of disputes with employers/providing legal assistance,” he said. The MoU was signed by UAE Minister for Human Resources Nasser Bin Thani Al Hameli and Acting Permanent Representative of Pakistan to the United Nations, Tahir Hussain Andrabi.
  5. Prior to the crucial match against India, rumors were circulating regarding confirmation about grouping in Pakistan cricket team where chief-selector Inzamam-ul-Haq himself was also involved. The reports were dismissed by Pakistan Cricket Board (PCB) soon after but seeing Inzamam’s eagerness to be involved in every team management decision seems a little suspicious. Pakistan team reached London on Wednesday and the captain of the cricket team Sarfaraz Ahmed was immediately surrounded by reporters and journalists who had only one question: is there any truth about the grouping and lobbying within the team? Sarfaraz reluctantly replied: His response has given birth to even more controversy as many experts and former players are convinced that Pakistan camp is divided into two parties and both are fighting against each other which is why Pakistan’s performances on the pitch are woeful, to say the least. The PCB had already clarified their position regarding the matter. A PCB spokesperson said: If the rumors hold any truth then Sarfaraz’s position as Pakistan captain is under threat and PCB needs to form a committee to resolve these internal problems as soon as the World Cup campaign is over for the Men in Green.
  6. Japan’s two automakers Atlas Honda and DID Group have come together to start making motorcycle chains in Pakistan. Both companies have signed a joint venture in this regard. The two acclaimed companies are determined to provide consistent quality, cost, and delivery services to motorcycle manufacturers in the country. The JV also intends to target the after-market suppliers by starting production of motorcycle chains. Note that the two companies, in November 2017, had also joined hands to start assembling motorcycle chains in Pakistan. But, there was no joint-venture agreement signed, and the operations were carried out through a technical collaboration. Both Atlas and DID Group have a reputation in manufacturing and marketing of auto products. While Atlas is considered as an authority in the country for production and marketing of motorcycles, DID Group is a renowned supplier of automotive technology and components to the world’s leading automakers. It has a presence in various countries across the globe. The venture will not only bring the two partner companies further closer, but it will also be a good omen to Pakistan’s auto sector.
  7. Japan’s two automakers Atlas Honda and DID Group have come together to start making motorcycle chains in Pakistan. Both companies have signed a joint venture in this regard. The two acclaimed companies are determined to provide consistent quality, cost, and delivery services to motorcycle manufacturers in the country. The JV also intends to target the after-market suppliers by starting production of motorcycle chains. Note that the two companies, in November 2017, had also joined hands to start assembling motorcycle chains in Pakistan. But, there was no joint-venture agreement signed, and the operations were carried out through a technical collaboration. Both Atlas and DID Group have a reputation in manufacturing and marketing of auto products. While Atlas is considered as an authority in the country for production and marketing of motorcycles, DID Group is a renowned supplier of automotive technology and components to the world’s leading automakers. It has a presence in various countries across the globe. The venture will not only bring the two partner companies further closer, but it will also be a good omen to Pakistan’s auto sector.
  8. Information Technology sector fetched $25.5 million Foreign Direct Investment (FDI) in July-May 2019 compared to $29.5 million in the corresponding period last fiscal year, depicting a decline of around $4 million. According to statistics released by the State Bank of Pakistan (SBP), $25.5 million inflow and $5.5 million outflow was registered in the information technology sector during July-May (2018-19). The net FDI remained at $20 million during this period. The overall communications sector (comprising telecommunication, information technology and postal & courier services) registered negative $72.9 million net FDI with $224 million inflows and $296.9 million outflows. Net FDI in software development remained at $7.1 million, with $7.3 million inflows and 0.2 million outflows. Hardware development received $2.3 million net FDI with $4.6 million inflows and $2.3 million outflows. FDI inflows for IT services remained at $13.6 million and outflows stood at $3 million thus registering $10.6 million net FDI. The FDI in Pakistan has declined by 49.2 percent during the first 11 months of current fiscal year 2018-19. SBP reported that FDI declined to $1.606 billion in the period from July 2018 to May 2019 as compared to inflows of $3.161 billion in the same period in fiscal year 2018. The SBP figures show that FDI in May 2019 fell to $230 million against $312 million in 2018. The FDI from China declined to $495.7 million during the first 11 months of the fiscal year 2019 against $1.828 billion received from the country in the same period in fiscal year 2018.
  9. Thar – probably the most deprived region of the country – is finally going to get its first public university. Nadir Edulgee Dinshaw (NED) University has announced to open its campus in the Thar district. The sub-campus will be called Thar Institute of Science and Technology and will start functioning from the next academic year. Senator Murtaza Wahab, who is also the advisor to Chief Minister Sindh on Law and Information, made this announcement today. Earlier in April, Bilawal Bhutto had promised to establish a university in Thar and had directed CM Sindh Syed Murad Ali Shah to open a campus of NED University in the Tharparkar district. “I want a campus of NED engineering university in Tharparkar district as soon as possible,” Bilawal had told the Sindh CM during the inauguration of the Thar Coal power project. The announcement came in the wake of a social media movement which demanded higher education for the deprived region of the Sindh with the hashtag #TharNeedsUniversity
  10. China has completed building the outer safety dome, which is placed at the top of the containment building of the Karachi 2 nuclear power plant in Pakistan. China National Nuclear Power (CNNP) made the announcement that the dome has been placed on a nuclear reactor and the entire project is scheduled to complete by the end of 2020. China’s Hualong One comprises a double-layer safety shell design. Along with the inner protective dome, the outer dome protects the reactor and prevents the radioactive materials from releasing into the environment in the face of a serious accident. “The successful hoisting of the outer safety dome has marked the end of the main structural project of the nuclear power plant, which has created favorable conditions for the overall test and thermal test of the subsequent containment,” says CNNP. Notably, Karachi 2 and 3 are the first export projects of China’s Hualong One design. The construction of unit 2 started in 2015 while the work on unit 3 began in 2016. The commercial operation of both units is scheduled to start in 2021 and 2022. Apart from the two units in Pakistan, China is also building four Hualong One units at home. Two units are being constructed at its Fuqing plant in Fujian province while the other two are being constructed at Fangchenggang site in Guangxi province. It also plans to build the said units in Argentina and Britain. Nevertheless, according to the CNNC, the four demonstration projects in Pakistan and China are proceeding in an orderly matter and “are the only third-generation pressurized water reactor projects in the world that are being constructed on schedule.”
  11. China has completed building the outer safety dome, which is placed at the top of the containment building of the Karachi 2 nuclear power plant in Pakistan. China National Nuclear Power (CNNP) made the announcement that the dome has been placed on a nuclear reactor and the entire project is scheduled to complete by the end of 2020. China’s Hualong One comprises a double-layer safety shell design. Along with the inner protective dome, the outer dome protects the reactor and prevents the radioactive materials from releasing into the environment in the face of a serious accident. “The successful hoisting of the outer safety dome has marked the end of the main structural project of the nuclear power plant, which has created favorable conditions for the overall test and thermal test of the subsequent containment,” says CNNP. Notably, Karachi 2 and 3 are the first export projects of China’s Hualong One design. The construction of unit 2 started in 2015 while the work on unit 3 began in 2016. The commercial operation of both units is scheduled to start in 2021 and 2022. Apart from the two units in Pakistan, China is also building four Hualong One units at home. Two units are being constructed at its Fuqing plant in Fujian province while the other two are being constructed at Fangchenggang site in Guangxi province. It also plans to build the said units in Argentina and Britain. Nevertheless, according to the CNNC, the four demonstration projects in Pakistan and China are proceeding in an orderly matter and “are the only third-generation pressurized water reactor projects in the world that are being constructed on schedule.”
  12. The federal government has once again come to rescue the Pakistan International Airline (PIA) as it almost got banned from landing in Saudi Arabia. The finance ministry issued another Rs. 2.5 billion for the prospective Hajj pilgrims so that the long-pending dues to the Saudi General Authority of Civil Aviation (GACA) could be cleared. The dues had been piling up for the airline’s regularly scheduled flights, and GACA had demanded PIA to clear the past dues at the earliest or face a ban. The government had to intervene because such a ban could have proven destructive for the national flag carrier, especially with Hajj season around the corner. Federal Minister for Aviation Ghulam Sarwar Khan defended the move of unusual routing of funds by saying that it was necessary to save PIA from default. He said the funds were used to clear PIA’s dues which had been adding up due to ill-planning by the previous governments. Ghulam Sarwar confirmed that PIA owed billions of rupees to GACA, had been on its default list and was on the verge of being banned from entering the Saudi airspace. He explained that the government usually pays PIA for its services after the completion of Hajj program. But, as this was a matter of urgency, the airline got the payment in advance. He assured that there would be no delay in PIA’s Hajj operations which will continue from July 4 to September 14. As per government data, as many as 78,000 pilgrims – 13,000 more pilgrims than last year – will travel on 350 PIA flights.
  13. Yesterday
  14. For every app developer, his app or game which he makes for the very first time with so many aspirations, holds a very important place. He wants his app to be loved and admired by everyone. But what do you think about how a user selects an app. Let’s think from the user’s point of view: 1. Approaching stores the user enters a “Keyword”. The store presents him with a full-page result against the searched phrase. 2. Unintentionally, the user will roam around the first line or most probably he may keep his search to the second and third line. 3. When a user clicks a link: → A highly eccentric and enticing icon → A well knitted to-the-point name →On clicking the app icon, he will read the description. 4. The last and most important things he will go down to read the number of installs and nature of reviews. App Reviews Are Crucial To Overall App’s Progress: When talking about app reviews, the first thing that must be kept in mind is that for an android or IOS app, the positive and genuine reviews are like the blood to the human body. Some providers claim that they have real users, but in fact, they use only one or two devices to rate your app without installation. Once the fake ratings are verified by App Store and Google Play, they will remove your app or cancel your developer account. So, never run this risk, do thorough research and see if the agency has real and genuine users. Where Do I Buy The Genuine App Reviews: To buy app reviews, there are many app review sites over the internet. They serve as best platforms for buying app reviews and getting app reviews. But the good name does not tantamount to quality and trust. As the old saying goes like “all glitters are not gold”. So before going after any app review site, investigate its track record. The fraudulent app review services might cause you much damage. Their claims are stretched to the sky but when it comes to implementation, all promises would just ground to the dust. Let’s look At Some App Review Sites: App review sites are the forums which hold the largest number of reviewers. They belong to different countries and regions so it's very effective when your app got installs and positive reviews from them. This will lead to increase app downloads plus people from different devices and regions are reviewing your app. People when looking at their comments and reviews, they will get motivated. So it's a good deal if you go for app review sites. Isn’t it! My Favorite App Review Services: I have been working with many app review sites but my favorite one is Reviewlancer. Just get your app ready and submit your app, the rest is assured by it. Reviewlancer is a reliable partner thriving to maintain its standard in android app reviews and ios app reviews fields. Reviewlancer boosts your apps to get recognized in its true potential. It gives you paid app review options and reviews exchange options. Both can prove to be classic and useful in terms of getting app reviews. Reviewlancer when in-charge cannot allow fake users, as it is like Google, allergic to fake reviews. These mentioned features make it the obvious choice for any ambitious developer as best app service provider. Other important sites that offer top app review services are: 1. App talk 2. App410 3. App brains 4. App time 5. Reviews360 Million Dollar Question: After elaborating the whole importance of app reviews in relation to app downloads, here the million dollar question pops up. Why buying App reviews is important? When you buy app reviews, you will be assured by the app review service provider that the incoming reviews must follow these three criteria: --> Positivity --> Genuine --> Organic So buy app reviews ensures that the reviews which will be given to your app, must match all the above borders otherwise you can reject the reviews and have your money back. Hence for the ios app reviews or android app reviews, there is no imminent doubt that your review will be rejected by Google. Let me know what you think about my blog. Do give your suggestions below and in a case, if you need help regarding app marketing or app promotional services, please feel free to contact me.
  15. According to the draft Electric Vehicle Policy (EVP), opting for electric vehicles can save Pakistan an estimated Rs. 109.6 billion every year. The policy draft has been prepared by the Climate Change Ministry on the orders of Prime Minister Imran Khan. According to the draft, using electric vehicles will bring a lot of benefits to the country’s economy. One of the significant benefits of electric vehicles is that they are fuel-efficient. Saving on fuel will drastically reduce the fuel import bill and will help strengthen the balance of payments. The saving on fuel, as a result of using electric vehicles, is estimated at Rs. 54.5 billion per year. The draft policy aims to increase the number of Electric Vehicles (EVs) sold in Pakistan to over 90 percent by 2040. The electric vehicle policy prepared by the Ministry of Climate Change has set multiple targets including the sale of 100,000 electric cars, vans, jeeps and small trucks in the next five years. The ministry aims to increase the number to 60,000 electric vehicles sold annually by 2030.
  16. Importers have refused to comply with the government’s decision to provide computerized national identity card (CNIC) numbers along with the accurate particulars of unregistered wholesalers. The government, in its Finance Bill 2019-20, has bound the importers to provide the data of unregistered businesspeople they are dealing with, so as to bring them in the tax net. The Karachi-based importers, however, are perplexed and have demanded the government to defer the legalization for at least three months. President of the Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda has written to the federal government in this regard. In his letter, Makda has requested on behalf of Karachi’s business community to provide a three-month relief so that they can offload their existing stocks and either wrap up their businesses or narrow down their dealings to the registered wholesalers only. The legalization intends to collect the data of businessmen who do not hold a national tax number (NTN). But, Makda opined that the business community could neither force people to get them registered nor can it collect CNICs on behalf of the Federal Board of Revenue (FBR). “We understand that the government’s intentions are positive to bring non-taxpayers into the tax net, it is, however, burdening legitimate businessmen a lot,” Makda said. These disproportionate restrictions on legitimate businesses, along with the taxes the government has proposed in this budget, will result in adverse effects, the KCCI president remarked. He warned that such initiatives may open doors for smugglers, highlighting that the Afghanistan-Pakistan Transit Trade Agreement (APTTA) was still a safe way for smugglers. “Smugglers offer us to bring desired goods at our doorsteps,” Makda said, adding, “The government thinks smugglers have forgotten their peculiar ways of dodging the government.” Meanwhile, the Chairman of Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Zubair Motiwala said they were working in close collaboration with the government to curb smuggling. However, it cannot work unless the government is ready to rationalize the taxes, he added.
  17. With impressive growth and penetration across the country, Islamic banking industry has increased its share of assets and deposits to over 15 percent in the overall banking industry of Pakistan. This is a significant milestone for the industry showing its notable expansion and increasing acceptability among the customers. The assets of Islamic banking industry reached Rs. 2.790 trillion by the end of March 2019. Deposits in the Islamic banking sector stood at Rs. 2.199 trillion by the end of the first quarter of 2019, according to State Bank of Pakistan. In terms of market share of the overall banking industry, Islamic banking industry constituted 15 percent share in assets and 15.6 percent share in deposits of the overall banking industry by end March 2019. It is important to note here that the network of Islamic banking industry consists of 5 full-fledged Islamic banks and 22 Islamic banking windows of conventional banks. Islamic banking branch network is operating with 2,869 branches spreading across 113 districts of the country. Islamic Banking Assets The full-fledged Islamic banks stand far ahead of Islamic banking windows of conventional banks. The assets of full-fledged Islamic banks stand at Rs. 1.640 trillion while the assets of Islamic banking divisions of conventional banks stand at Rs. 1.150 trillion during the said period. In terms of share, full-fledged Islamic banks accounted for 58.8 percent and Islamic banking windows for 41.2 percent share in overall assets of Islamic banking industry during the period under review. The share of net financing and investments in total assets (net) of the Islamic banking sector stand at 54.6 percent and 22.1 percent, respectively. Islamic Banking Deposits The penetration and acceptance of full-fledged Islamic banks is impressive in the banking industry compared with Islamic banking windows. Islamic banks’ deposit reached Rs. 1.335 trillion while deposits of Islamic banking windows stood at Rs. 864 billion as of March 31, 2019. The share of Islamic banks and Islamic banking windows in overall deposits of Islamic banking industry stood at 60.7 percent and 39.3 percent, respectively. Customers of the Islamic banking industry invest Rs. 866 billion money in saving accounts whereas they maintained current accounts having an overall value of Rs. 722 billion. Term Deposits are also a popular feature of Islamic banks that stand at Rs. 445 billion. Institutions also maintained profit-based accounts in Islamic banks with an overall value of Rs. 132 billion.
  18. Sindh Police Department has recommended making the driving learning permit mandatory for the purchase of every new motorcycle. The move aims at controlling traffic violations and accidents. This development has come in a high-level session with Inspector General (IG) Sindh Police Syed Kaleem Imam in the chair. According to a notification, the session was conducted to review measures for anti-motorcycle lifting, security, and other issues. The session decided that the learning permit teams will be made available in main markets. Moreover, Imam directed the concerned authorities to ensure that the motorcyclists follow the traffic rules and use a helmet and keep the driving license and registration book with them while traveling. He said that the Karachi Police is working in collaboration with relevant departments to contain motorbike theft and crackdown against gangs involved in street crimes and robberies. The police chief said that his department has devised a strategy to begin a crackdown on the illegal trade of spare parts of motorcycles. Sindh government will also be recommended to declare the installation of tracking devices, Radio Frequency Identifications (RFIDS), and making hook locks mandatory on motorcycles. A letter will be sent to Pakistan Standard and Quality Control Authority (PSQCA) to make the installation of hook locks a part of the law for the manufacturing companies. Additional Inspector General Karachi Dr.Amir Shaikh, representatives of driving license branch, FIA, crime investigation, representatives of driving license branch, Sindh headquarters, traffic police, operations, SSP Anti-Car Lifting Cell (ACLC), owners of motorcycle-manufacturing companies, and SSP Anti-Violent Crime Unit(AVCU) attended the session.
  19. Alarmingly, less than 250 Pakistanis have availed the new tax amnesty scheme so far. According to a report by a local English newspaper, around 250 Pakistanis have paid a paltry sum of about Rs. 450 million in taxes despite a personal appeal by Prime Minister Imran Khan through his televised address. The sources stated that results were extremely poor and people did not respond to the personal appeal made by the Prime Minister and the campaign launched by the FBR. The depressing numbers have forced the Federal Board of Revenue (FBR) to keep the figures away from parliamentarians and the federal cabinet. The FBR has promised to share details with the federal cabinet next week. The cabinet and the National Assembly Standing Committee on Finance separately took up the progress on PM Imran’s black asset legalizing scheme. The report stated that Minister of State for Revenue Hammad Azhar was hopeful the scheme would start getting a good response from next week as he was receiving encouraging feedback from tax bars and Regional Tax Offices. The asset legalizing scheme will expire on June 30. FBR Chairman Shabbar Zaidi categorically told the National Assembly Standing Committee on Finance on Tuesday that the scheme would not be extended beyond June 30 due to the start of the International Monetary Fund (IMF) bailout program from July. “Generally, people tend to opt for the tax amnesty scheme in the last week,” said Zaidi, while responding to a question raised by a member of the NA standing committee. Zaidi said that the FBR had not set any tax collection targets in the budget from the amnesty scheme. He refused to disclose results of the amnesty scheme despite being repeatedly asked by members of the committee. FBR spokesman Dr. Hamid Atiq Sarwar refused to reveal the outcome of the tax amnesty scheme, saying the figures had been kept confidential. He did not give the reason for keeping the results a secret, said the report. Moreover, there is no legal bar to keep the outcome secret, although the FBR cannot disclose the names of beneficiaries. The previous tax amnesty scheme, launched by the Pakistan Muslim League-Nawaz (PML-N) government, remained largely successful when over 84,000 people legalized around Rs. 2.4 trillion in black assets by paying Rs. 124 billion in taxes.
  20. In a meeting held on Monday, the Walled City of Lahore Authority (WCLA) and Heritage Conservation Board (HCB) have declared 18 more buildings within the Lahore as heritage properties. Amongst the attendees was Yusaf Salahuddin HCB Chairman, Architect Nayyar Ali Dada, Historian Faqir Saif Ud Din, Director Punjab Archaeology Department, Kamran Lashari WCLA Director General, Najam us Saquib WCLA Director Conservation, Shahid Nadeem WCLA Director Administration, Asif Zaheer WCLA Director Marketing and Mubashir Hassan WCLA Deputy Director Conservation. Last year, 16 properties were deemed as heritage sites by the WCLA and the total number of heritage properties inside the walled city of Lahore is 247. Amongst the buildings declared heritage recently are: Lahore Fort, Dhayan Singh Haveli (Chuna Mandi College Complex), Badshahi Masjid , Hazuri Bagh and Allama Iqbal Tomb , Oonchi Masjid Sootar Mandi , Sunehri Masjid , Masjid Saleh Kamboh , Oonchi Masjid (Bhatti Gate) , Roshnai Gate , Delhi Gate , Chitta Gate , Lohari Gate , Kashmiri Gate , Sheranwala Gate , Bhatti Gate , Paani Wala Talab , Ayaaz Tomb, Gurdawara Dera Sahib and Shahi Hammam. The buildings were considered for the heritage certification by WCLA under chapter 5 and section 23 of the WCLA Act 2012, which states the authority may, “in consultation with HCB, for purposes of conservation of heritage and by notification in the official gazette, declare a building, structure, land, building fabric, urban open space or work in the walled city of heritage value”. Faqir Syed Saifuddin said, “WCLA is taking good steps as heritage and historic buildings including gates, havelis and houses should be protected so that the beauty of the city remains intact and there is legal ownership after declaring them as heritage properties as well.” Mubashir Hassan remarked that it was crucial to deem buildings and sites as heritage properties in order to preserve the history of Lahore. He further said, Kamran Lashari, WLCA Director General remarked that the meeting had other matters to look at and asked the board to be gracious enough to advise on those. He added,
  21. Khyber Pakhtunkhwa (KP) government has launched a crackdown against the use and sale of plastic bags across the province. The provincial govt. had banned the use of plastic bags in March and had urged the manufacturers, wholesalers, and retailers of the polythene bags to deplete their stocks before the June deadline. Following the end of the deadline, an operation has been started against those who are still manufacturing and selling plastic bags and ignoring the directives from the administration. On the directives of Chief Minister Mahmood Khan, the crackdown is being carried out in Swat, Shangla, Buner, Lower and Upper Dir, Malakand Division, Chitral and Bajaur areas of KP. During the crackdown, the authorities sealed 66 polythene bag factories and also seized three manufacturing factories in Lower Dir. On Sunday, two more factories were sealed in Peshawar Town-3 while three others were sealed in Hayatabad’s industrial area. CM Mahmood Khan, on March 7, had announced the ban on polythene bags (plastic bags) in the province to protect the environment from pollution. He had constituted a committee under the headship of KP Information Minister Shokat Yousafzai to find out an alternative to polythene bags. He has directed to constitute a committee under the headship of KP Information Minister Shokat Yousafzai. The committee will find out an alternative to polythene bags. A comprehensive awareness campaign was run for two months, raising awareness about why the use of polythene bags was harmful to them and for their future generations. The committee later decided to introduce biodegradable bags which were more environment-friendly.
  22. During the meeting of the Board of Directors of the Searle Company Limited, the management discussed the potential opportunity to invest in or acquire OBS Pakistan (Private) Limited. According to the notification to the Pakistan Stock Exchange, the Chairman permitted such matter to be discussed as other business. The BoD has authorized the Company to explore the feasibility and viability of potentially investing in or acquiring OBS Pakistan. Furthermore, the company has also been authorized to appoint advisors, valuators and consultants for evaluating the feasibility, including due diligence and valuation, finalizing the structure, along with preparing necessary documents for the consideration of the board. According to Bloomberg, OBS Pakistan has alliances with global firms including Merck & Co. allowing it to market and distribute their products in the country. The deal would be the largest in Pakistan’s drug industry if completed, data compiled by Bloomberg shows. It controls several drug companies in Pakistan including AGP Ltd., which completed an initial public offering last year. The Searle Company Limited manufactures and sells pharmaceutical and other consumer products in Pakistan, South Asia, East Africa, and South-East Asia. The company operates through Pharma and Consumer segments.
  23. Daraz’s fourth annual Mobile Week, one of the highly-anticipated sales of the year, is slated to begin on June 24th. In the past, the week-long sale’s main focus was on mobile phones and accessories. This year, the e-commerce platform has promised the same – big discounts on the latest and leading smartphones and complementary accessories – but this time it’s also including products from other categories so that prices will be lowered on large electronics appliances, sports goods, and motorbikes as well. According to Daraz, with prices of smartphones soaring in the market, Mobile Week is a prime opportunity for consumers to upgrade their devices as the company has partnered up with a number of leading brands in the market to bring discounts to consumers. These brands include Nokia, Samsung, Honor, Apple, and CAT. Here are some of the many products that will be featured in the sale: Smart watches and power banks During Mobile Week, brands such as Amazfit and Infinix will be offering discounts on their smartwatches. The Amazfit Bip is an impressive watch which allows users to check their messages, notifications, and emails on the display screen. Users can also track their sleep cycle and monitor their heart rate. Similarly, the Inifinix smartwatch allows users to track their heart rate and sleep cycle. It also features an alarm clock, helps track calories and allows users to reject incoming calls when they can’t access their phone. Leading brands and exclusive launches Devices and accessories from leading brands such as Apple will be available at lower rates on the Daraz app during Mobile Week. Consumers can take the opportunity to purchase AirPods, iPads, and iPhones. The entire range of CAT’s rugged phones will be available on the app during the sale as the American company has exclusively launched its smartphones that run on Android on the platform. Additionally, Nokia and OnePlus will also be exclusively launching two and three models on the app, respectively. Beyond mobile phones This year, Mobile Week is going beyond mobile phones and accessories with sellers on Daraz offering discounts of air conditioners, washing machines, and refrigerators. Those looking to purchase products in the home and electrical appliance categories should consider this sale as the prime opportunity to do so. Daraz has established Mobile Week as one of the main sale events of the year. The company has also established concrete policies to ensure that app users are completely protected when making a purchase on the platform. This means that consumers’ data is kept secure and private and they are safeguarded from fraud. Therefore, those looking to upgrade their phones, invest in electronic appliances or looking to buy accessories that complement their smartphones should capitalize on the sale.
  24. The government of Khyber Pakhtunkhwa (KP) is planning to start a helicopter service for tourists to make beautiful mountains, picturesque valleys, and rivers accessible in a short time. KP Minister for Sports and Tourism Muhammad Atif Khan informed media on Tuesday that they were in talks with private companies to initiate the service in far-flung tourist destinations in KP. He said the initiative will not only allow people to enjoy the aerial scenes of the tourist points but will also make it easier for tourists (especially) from Lahore and Islamabad to access tourist places of the province. He added that the service will also facilitate foreign tourists. Khan said he was hopeful that the agreement will be signed soon. “The service will initially be launched for Swat, Kalam, and Chitral,” Atif said, adding that it will be expanded gradually. The senior KP minister said that it will decrease the 14-hour distance from Punjab to Chitral to just two hours. He was hopeful that the service will help promote tourism in the province. It is worth mentioning here that KP government has earmarked a record Rs. 20 billion for a total of 75 schemes in sports, tourism, culture and youth affairs in fiscal budget 2019-20.
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