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41 mins ago

News

China has been involving itself more each passing day, into building transportation infrastructure in Pakistan. The latest example has been of the Karachi-Peshawar Railway Line (ML-1), which had originally been planned to be partially funded by the Asian Development Bank (ADB). However, as per the new developments, this railway project would be wholly financed by China….

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1 day ago

Finance

A recent report by the Financial Times claims that China has assisted Pakistan’s financial situation with loans worth $1.2 billion during the last year. The Chinese support to the fragile economy, in the form of loans, has been offered by the state-backed banks twice. During 2016, an influx of Chinese loans worth $900 million, and later…

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1 day ago

Business

According to the 2017 CIGI- Ipsos Global Survey, only 31% of the Pakistani population is likely to make use of mobile payment options for online shopping. Given the major rise in e-marketing in Pakistan this percentage is nowhere close to its expected size. against the dismal 31% of Pakistan, he number of people who are likely to…

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2 days ago

Business

In its bid to expand and grow beyond the Chinese border, China Telecommunications Corp. is launching a new cross-border telecom initiative of China-Pakistan information corridor. The company aims to enter into potential new markets in Southeast Asia along with strengthening its foothold into Pakistani market with the ever increasing opportunities created by the China Pakistan…

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2 days ago

News

While the country is well on its course to be hit by the worst summers and a massive electricity shortfall, there is going to be no loadshedding during sehr and iftar hours in Ramzan. As per the announcement made by the Minister of State for Water and Power Abid Sher Ali at the national television network…

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3 days ago

News

Islamabad, today, is enduring the installation of radio frequency identification device (RFID) barriers at the entry and exit points of the capital. The installation of the new RFID check points during the working hours, on a business day, without the provision of alternate routes for public to adopt, has played havoc with the capital’s traffic situation….

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4 days ago

Business

According to the document issued by the Securities and Exchange Commission of Pakistan (SECP), the commission has approved the first private equity and venture capital fund worth 100 million dollars under the Private Funds Regulations 2015. The fund got approved on April 20, 2017. Ijara Capital Partners Ltd. is a private equity firm that has been licensed…

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4 days ago

Education

Higher education commission of Pakistan (HEC) has launched an online complaint registration and monitoring system to facilitate the students. The new portal is called Grievance Redressal Portal. The commission has long been working on digitizing its operations for the ease of millions of students in Pakistan.  Also Read: HEC Introduces Pakistan Qualification Register The system…

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4 days ago

News

Sana Farooq, the founder and chief executive officer of the E Learning Network (ELN) based in UK will be representing Pakistan at the Silicon Valley’s BlackBox Connect event. The event is a platform for startup founders around the globe. The prestigious platform provides a two week residential programme in which selected participants are brought from around the globe…

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4 days ago

News

The Election commission of Pakistan (ECP) might not be able to use Biometric and Electronic voting machines in the next elections. According to the ECP, the procurement of about one million machines would require around Rs90 billion from the government for which the government has still not given a go-ahead.  With around 80,000 polling stations across…

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